90 percent Pakistanis are poor

[jbond197]

Attacks on Indians for posting the news.. Are you guys really blind?? the figures are given by Pakistani economists not Indians

World Bank says it is 53% where as Pakistani economists says it is 90%.. Indians figure no where..

You guys jump to poverty discussions every now and then.. Learn to deal with yours now..

 

[ares]

While poor might be relative term(might include lower middle class too)..but poverty is not...world bank standard is $1.25/day

While some people are still stuck on 17% BPL figures of 2007-08 ..the present Pakistani govt refused to endorse sighting a fraud by Musharraf govt.

The current government had refused to endorse 2007 poverty figures and still considers 2006 figures as the last authentic available numbers. In 2006, 22.3 per cent people lived below the poverty line. According to 2007 unofficial statistics, the level fell to 17.2 per cent.

“The 2008 poverty figure was a fraud that was not even endorsed by any renowned economist or poverty expert,” said Dr Haque.

Poverty rate: Three years on, govt decides to redraw the line – The Express Tribune

As economist predict that under present economic conditions Pakistani poverty rate is increasing by 10% every yr ie 5 million people are moving below poverty line every year.

Owing to the economic crisis by end of Financial year 2010-11 Pakistani poverty rate had touched 43%.

Pakistan Poverty increased to an astonishing 43 Percent - MarketWatch.pk

Economy of Pakistan: Statistics reveal stunning increase in poverty



Hence 53% BPL does make sense considering the past trends and the economic crisis in Pakistan

 

[Al-zakir]

There are definitely good amount of poor in Pakistan but no way in hell 90%. This either a typo mistake or people who did it were extremely high with cocaine intake.

 

[A1Kaid]

Let's not be delusional, some of you people need to think for yourself, the poverty rate in Pakistan isn't 90% not even close. Yet some fools will believe in anything some crackpot economist spews out.

 

[Hulk]

Let's not be delusional, some of you people need to think for yourself, the poverty rate in Pakistan isn't 90% not even close. Yet some fools will believe in anything some crackpot economist spews out.

Exactly how Indians feel when same thing is said by Pakistani's only reading one person's view.

 

[IndoUS]

Another poor people thread there should be ban on opening these kind of threads.

 

[Mike2011]

WOW 90% poor. I did not expected it. But possibility exist. Data won't lie.

 

[K-Xeroid]

Political statement against government. Aab tu Government bhi shareef lagney lagi hey ,media ku kaho cool down hojaye warna khud ka Nishana khud ban jao ge.

 

[Icarus]

Topic already refuted, kindly quit trolling:



http://www.defence.pk/forums/current-events-social-issues/160078-90-percent-pakistanis-poor-3.html#post2614728

 

[Alpha Omega]

dont know in which world-
the poor can afford a mobile phone- bike- car- home-

i mean if that 90 percent was true- Pakistani streets should be empty with cars and filled with khota garis-

Maybe our Indian experts on Pakistan (i.e. almost every Indian poster in pdf) can explain how on earth a country with 90% poor have such a blooming automobile industry

Saturday, February 11, 2012

Car sales rise 17% in 7 months of FY 2012

KARACHI: The sales of local automobile companies continued to show an upward trend with a growth of 17 percent to 96,900 units in different brands in the seven months of the current financial year 2011-12 as against 82,767 units in the corresponding period of last fiscal year.

Pakistan Automobiles Manufacturers Association (PAMA) revealed the data of auto sales (car, light commercial vehicles, and pickup) on Friday.

The growth in numbers was attributed to a low base effect of last year at times that sales growth registered contraction in the wake of low demand hit by floods. Moreover, the prices saw positive impact afterward in the current financial year with reduction in general sales tax (GST) and abolishment of Special Excise Duty (SED). The sales of cars and commercial vehicles went up by 2 percent on a yearly basis to 14,967 units in January 2012, while it went up significantly by 34 percent on monthly basis mainly due to low base effect as December 11 depicted lower sales due to the year-end trend.

However, tractor industry continued to suffer from lower production in the previous month, as major crop season resulted in a slight improvement in offtake and the assemblers restricted their production during the period.

Similarly, sales have been hit by 74 percent for Al-Ghazi Tractor Ltd and 61 percent for Millat Tractor Ltd in 7MFY12; however, with reduction in GST to 5 percent from 16 percent for CY12 with growth at a controlled rate to take the GST rate to 16 percent will help increase production and sales for the year. Hence, it is believed February 12 will depict a brighter picture for the tractor manufacturers. On a company-wise basis during January 2012, Pak Suzuki Motor Co reflected highest growth by 39 percent with increase in sales of all its products. Swift recorded second highest sales since its inception. Moreover, in January Liana has recorded no production for the second consecutive month, which is likely due to lower demand and higher assembled units in inventory, while the company is also looking to phase out its Alto by June 12.

Indus Motor Company (IMC), on the other hand, reflected 8 percent lower sales as compared to last year where in January 11 the company sold higher number of vehicles in the wake of new year and subdued demand during the year due to floods in the country; however, the company posted highest growth by 72 percent on yearly basis primarily on account of new year and capturing Honda’s lost share due to shutdown of its production. While, Honda again posted no production during January 12 as supply disruption in Thailand has caused the company to shutdown its production facility.

It is expected that local auto assemblers despite higher input cost and regulatory issues will be able to improve their sales. In addition, the current month may witness slight improvement as indecisive buyers may rush once car prices are jacked up in order to maintain their profitability margins, analysts said.


Daily Times - Leading News Resource of Pakistan

 

[Pak47]

What does starting posts like this accomplish besides hatred? Some members seriously need to grow up.

 

[Alpha Omega]

What you expect from Pakistan which having

1. A meager growth rate for so many years

2. Having a corrupt and incompetent government

3. Having all kind of interference form Military

4. Having Inflation close to 14 % for so many years

5. Having depreciating currency

6. Having insurgency in Baluchistan

7. Commercial city in deep sh!t

8. Most of the union budget goes to army... Development budget reduce to half

9. Having electricity and gas problems

10. And ofcourse terrorism problem

And this mantra beats Viagra in India!
Guys, we have a winner here!

 

[Icarus]

WOW 90% poor. I did not expected it. But possibility exist. Data won't lie.

Kindly shed light on the "Data" ?
Criteria ?
Source ?
Comparitive Ranking ?
Study Strength ?
Ratifier ?
Sponsor ?

It just says "90% Pakistanis are poor"-Economists, now go screw yourself.
That's hardly a study in my opinion and the results reached thus are FAR from being considered as credible data.

 

[jatt+gutts]

for pakistanis 90% pakistanis being poor is not true but 80 % indians living below rupee 50 a day is right..hahaha.

even a begger in india can put rupee 200 mobile card in his cellphone.

 

[Icarus]

for pakistanis 90% pakistanis being poor is not true but 80 % indians living below rupee 50 a day is right..hahaha.

even a begger in india can put rupee 200 mobile card in his cellphone.

Good for you......