Becoming a developed country by 2041.

[Mage]

I can already ask you a question. Are you talking about govt debt, total debt or foreign debt? Gross or net?

Total debt of Canada for example is 3 - 4 times its GDP.

China has 65% of its GDP as gross govt debt, double that of Bangladesh. Is Bangladesh able to borrow/leverage twice as easily as China?

And how did you come to 40% as the figure for the no go zone? Is a country at 39% doing immensely better than one at 41%? How do we draw lines in the sand and apply them to entire arbitrary groupings of countries like "developing" rather than treat the phenomenon as more continuous, complicated and intricate?

This is why countries have credit ratings you know.....if BD's credit rating is upgraded to some investment grade, you think its govt would keep its debt to the 33% figure (or whatever it currently is)....or transitions to whatever higher % it can manage under the new equilibrium the credit rating offers? i.e is the govt debt more fundamentally controlled by its own prudent fiscal policy or by its own credit standing among the major creditors? I can tell you from what I have seen, the latter always prevails as the larger environment....and the former is more of tinkering within that environment.

I was talking about govt debt. And I was talking about developing country. You don't borrow more than what you can repay. It is common sense. Debt is no free money. 40% was an arbitrary number I picked. It should be somewhere around that number.
As of 2015 China's govt debt is 43% of their economy. This is the first time it has gone past 40%.
http://www.tradingeconomics.com/china/government-debt-to-gdp

While Pakistan's GDP to debt ratio is 66% and it has been only increasing lately. It was like 56% in 2001. I know nothing about economics(engineering student) but it seems Pakistan does have some problem with their ever increasing debt.
http://herald.dawn.com/news/1153618
https://profit.pakistantoday.com.pk...k-6-5b-external-debt-over-the-next-15-months/

http://www.tradingeconomics.com/pakistan/government-debt-to-gdp

For India the current debt is like 69% of GDP and it has decreased from 75% in 2008. I don't think India's borrowing has gone down but rather India's economy has expanded. Things are different for every country. India's economy is expanding fast so I guess India doesn't have to worry much about it. But still there surely are concerns.
https://scroll.in/article/818686/in...loans-and-that-could-wreck-development-dreams
Another article(Some BS in it but some good points too) http://www.sunday-guardian.com/analysis/in-the-end-india-will-still-be-trapped-in-debt

http://www.tradingeconomics.com/india/government-debt-to-gdp

For Bangladesh the debt was like 50% of GDP in 2002. But now it is around 27%. Which gives Bangladesh more flexibility to borrow without worrying too much. You can see Bangladesh has been borrowing a lot lately.

Another article with some BS and some good points: http://www.sundaytimes.lk/article/1021029/could-china-put-south-asia-on-road-to-debt-trap


http://www.tradingeconomics.com/bangladesh/government-debt-to-gdp

 

[Khan_21]

Do you understand what is percentage?

Let us look at IMF stats for GDP/capita PPP(which I dont really trust as it can easily be changed depending on how you measure):

https://www.imf.org/external/pubs/ft/weo/2017/01/weodata/weorept.aspx?sy=2007&ey=2017&scsm=1&ssd=1&sort=country&ds=.&br=1&pr1.x=53&pr1.y=10&c=513,564&s=PPPPC&grp=0&a=

In 2007, BD was at 2,200 US dollars and Pakistan was at 3,900 US dollars
In 2017, BD is at 4,200 US dollars and Pakistan is at 5,400 US dollars.

So between 2007, BD GDP/capita PPP increased by 7% a year
In the same period Pakistan achieved only 3 % year.

Can you see the difference in the economic performance of the two countries?

Pakistan has never ever increased it's GDP/capita PPP by anywhere near what BD has
done in the last 10 years.
Before you start talking about CPEC, BD will also increase it's growth rate with the 10s of billions of infrastructure
investments that are flowing in from China, Russia and India. Just these 3 countries will pour in around 40 billion dollars over the next decade.

Simply, no offence, BD is miles ahead right now in growth that Pakistan can only dream about.

BD PPP per capita is still stated around $3400-3500 . Only IMF is stating it at above 4K . As for money pouring in Bangladesh All i see is empty rhetoric with nothing on the ground . How does your infrastructure compare to Pakistan ? How many Foreign retail outlets operate in Bangladesh ? (I am sure its very less compared to Pakistan ) , What is the nature of Normal/Luxury Car sales in Bangladesh compared to Pakistan ?(Again i am assuming Alot more Luxury car sales in Pakistan compared to BD) Your middle class is still nowhere near as large as ours . So all this foreign money coming inside Bangladesh I will believe it when I see it .

Its funny though you try to use Indian investment as a shield here but when it comes to other threads you ridicule them by saying they never deliver on their projects . As for China they are spending $62 Billion in Pakistan with work already under progress on dozens of projects unlike BD which is still looking for that '' Foreign money '' to come . For example you keep on talking about infrastructure projects but the reality on the ground says otherwise .

 

[Bilal9]

BD PPP per capita is still stated around $3400-3500 . Only IMF is stating it at above 4K . As for money pouring in Bangladesh All i see is empty rhetoric with nothing on the ground . How does your infrastructure compare to Pakistan ? How many Foreign retail outlets operate in Bangladesh ? (I am sure its very less compared to Pakistan ) , What is the nature of Normal/Luxury Car sales in Bangladesh compared to Pakistan ?(Again i am assuming Alot more Luxury car sales in Pakistan compared to BD) Your middle class is still nowhere near as large as ours . So all this foreign money coming inside Bangladesh I will believe it when I see it .

Its funny though you try to use Indian investment as a shield here but when it comes to other threads you ridicule them by saying they never deliver on their projects . As for China they are spending $62 Billion in Pakistan with work already under progress on dozens of projects unlike BD which is still looking for that Foreign money to come .

Comparisons between infrastructure in Bangladesh vs. Pakistan are not really valid because Pakistan is mostly a dry, arid landscape and we have the worlds largest delta with about three hundred or so rivers. Infrastructure is going to be (and is) radically different for cargo and passenger logistics.

Although I don't relish going into sophomoric phallus measuring exercises (comparing retail outlets and luxury car ownership), suffice it to say there is enough going around locally to support any level of luxury (I personally have seen entire enthusiast clubs with several dozen supercars including Maseratis and Lambo Aventadors for the younger set and say, numerous Silver Ghosts for their dads), including (very common) private ownership of helicopters for daily commutes by executives. Same thing with haute couture, very expensive restaurants with European chefs etc. etc. Trappings of wealth follows money everywhere, even to Dhaka. You know wealth is flowing into the country when Silver Ghosts are being smuggled in by North Koreans.

http://www.hindustantimes.com/world...rolls-royce/story-H40uoEjKwuDXF10nG82BeP.html

The Taka is strong, trading at around 80 to the US dollar, I don't know where the Pakistani Rupee is.

I suspect however (if you will allow me to say so) that the reason why you _may_ be making deriding remarks about Bangladesh and expressing doubt about wealth here is because you have never visited Dhaka, or don't know a lot of upper middle class or upper class folks here. I have been to parties where business-people have finished dozens of Blue label bottles in one sitting and all you're left with is raised eyebrows....

Wealth aside, however, the model of development in Bangladesh for middle and lower middle class has been different from Pakistan - and for that matter from India too. It is a lot more 'equal' and portends to augment the already large middle class.....because of the involvement of NGO's in the lives of the less fortunate.

If you need to find out more, start with some of my threads in the multimedia forum.....about local architecture, fashion, industry etc. You'll get a better idea.

 

[maximuswarrior]

After WWII the behemoth Marshall Plan was only dedicated to Western Europe, where 17 nations received financial aid to boost economic development.

• The $13 billion was in the context of a US GDP of $258 billion in 1948, and on top of $13 billion in American aid to Europe between the end of the war and the start of the Plan that is counted separately from the Marshall Plan.
• The Marshall Plan was replaced by the Mutual Security Plan at the end of 1951; that new plan gave away about $7 billion annually until 1961 when it was replaced by another program.
• No such plan ever happened for Asia or Eastern Europe or others, economic aid for Taiwan is next to zero. ROC/Taiwan received military aid from US, in form of weapons and military inventory during mostly during WWII again Imperial Japan, some in post-WWII times against CCP.

It's complicated to explain Taiwan's success, I may briefly summarize (but sill incomplete) as below:

• During pre-WWII Japanese occupation period, infras such as hydro, power, rail and medical were already developed, and education standard was on par with Japan homeland. The island of Taiwan was not seriously affected by WWII, economic foundation has been good and largely remain intact.
• When the KMT government lost Mainland to CCP and retreated from Mainland to Taiwan, they were accompanied by many economic drivers, say experienced industrialists, wealthy bankers/capitalists, knowledgeable scientists, skillful workforce, capital goods (e.g. machinery) and wealth (e.g. gold).
• In the post-WWII period, Taiwan adopted technology-focused, savings-investment-heavy and exports-oriented model, aka "Flying Geese Paradigm", or Japan + 4 Dragons model. Today Taiwan has world-class tech mecca like TSMC (which alone dominate 60% of world IC chip production), Mediatek, Advanced Semiconductor Engineering (ASX), Quanta, Foxconn, UMC, Vanguard, Formosa Plastics and many others.

Some facts about Taiwan financials:

• Nowadays Taiwan is the world's 4th largest creditor nation, only trails behind Japan, China Mainland, Germany and on par with Hong Kong.
• Taiwan ranks #8 in number of millionaire households, more than Italy, Russia or France. Millionaire households as % of population, Taiwan ranks 9th in the world, higher than UAE, Belgium or Oman.

https://history.state.gov/milestones/1945-1952/marshall-plan
https://ideas.repec.org/p/unc/dispap/169.html
https://defence.pk/pdf/threads/bcg-millionaires-in-china-increased-by-49-yoy.392940/

No doubt that Taiwan is a successful country and even exceeding Western nations in some aspects. No doubt that Taiwan has a high percentage of highly educated and high tech skilled workforce. No doubt that Taiwan has largely achieved these successes at their own steam. However, the US has a huge stake in exploiting Taiwan which essentially is China. The US has graciously provided military support and economic opportunities to Taiwanese businesses to extract all kinds of leverage. We fully understand that this gesture isn't meant as a charity. This is of course an old US tactic. Taiwan has undoubtedly reaped the benefits of US support.

PS. My brother works at a renowned Taiwanese tech company (QNAP). I know a little about Taiwan since he frequently visits the place.

 

[Khan_21]

Comparisons between infrastructure in Bangladesh vs. Pakistan are not really valid because Pakistan is mostly a dry, arid landscape and we have the worlds largest delta with about three hundred or so rivers. Infrastructure is going to be (and is) radically different for cargo and passenger logistics.

Although I don't relish going into sophomoric phallus measuring exercises (comparing retail outlets and luxury car ownership), suffice it to say there is enough going around locally to support any level of luxury (I personally have seen entire enthusiast clubs with several dozen supercars including Maseratis and Lambo Aventadors for the younger set and say, numerous Silver Ghosts for their dads), including (very common) private ownership of helicopters for daily commutes by executives. Same thing with haute couture, very expensive restaurants with European chefs etc. etc. Trappings of wealth follows money everywhere, even to Dhaka. You know wealth is flowing into the country when Silver Ghosts are being smuggled in by North Koreans.

http://www.hindustantimes.com/world...rolls-royce/story-H40uoEjKwuDXF10nG82BeP.html

The Taka is strong, trading at around 80 to the US dollar, I don't know where the Pakistani Rupee is.

I suspect however (if you will allow me to say so) that the reason why you _may_ be making deriding remarks about Bangladesh and expressing doubt about wealth here is because you have never visited Dhaka, or don't know a lot of upper middle class or upper class folks here. I have been to parties where business-people have finished dozens of Blue label bottles in one sitting and all you're left with is raised eyebrows....

Wealth aside, however, the model of development in Bangladesh for middle and lower middle class has been different from Pakistan - and for that matter from India too. It is a lot more 'equal' and portends to augment the already large middle class.....because of the involvement of NGO's in the lives of the less fortunate.

If you need to find out more, start with some of my threads in the multimedia forum.....about local architecture, fashion, industry etc. You'll get a better idea.

I am comparing everything foreign because UKbengali is talking everything foreign when ground reality says otherwise . Whenever a Foreign brand is going to open an outlet its going to come to Pakistan much earlier than Bangladesh . Here in Kuala lumpur The brands i see 70-75 % of them are in Pakistan meanwhile Bangladesh not so much . Makes you wonder why are all these foreign brands opening in Pakistan and not in Bangladesh ? Why Don't they see the '' booming '' economy that UKbengali loves to point out ?

https://www.credit-suisse.com/us/en/about-us/research/research-institute/global-wealth-report.html

Lets have a look at some Facts and Figures :

Bangladesh Wealth Per adult : $ 2347
Bangladesh Median Wealth per adult : $ 675

Pakistan wealth per adult : $ 4595 (Almost twice bigger than BD)
Pakistan median wealth per adult : $1788 ( Almost thrice bigger )

As for wealth distribution that is also not true . Pakistan's middle class is much bigger as % of population . Our middle class is somewhere around 84 million or 40 % of the population

I brought up infrastructure because he loves to point it out that there are huge projects going on Funded by China when there is little on the ground literally .

 

[Homo Sapiens]

BD PPP per capita is still stated around $3400-3500 . Only IMF is stating it at above 4K .

IMF figure are for 2017 and 3500 dollar figure is from 2015 from World Bank whose latest data available are from 2015.So do you think,it is a big deal of growing ppp per capita 4200-3500=700 dollar in the last two years for BD with 7 percent growth rate?

 

[Shotgunner51]

No doubt that Taiwan is a successful country and even exceeding Western nations in some aspects. No doubt that Taiwan has a high percentage of highly educated and high tech skilled workforce. No doubt that Taiwan has largely achieved these successes at their own steam. However, the US has a huge stake in exploiting Taiwan which essentially is China. The US has graciously provided military support and economic opportunities to Taiwanese businesses to extract all kinds of leverage. We fully understand that this gesture isn't meant as a charity. This is of course an old US tactic. Taiwan has undoubtedly reaped the benefits of US support.

Yes, though US only provide heavy economic aid to 17 nations in western Europe post-WWII, US did open her home market which was world biggest to every nations (barring communist bloc), put the world trade system (GATT, WTO), financial system (Bretton Woods; Petrodollar) as well as maritime security (funded entirely by US taxpayers) in order, so that nations (barring communist bloc) can prosper through constructive and globalized competition, Taiwan is obviously one of the beneficiaries in this new world order (Pax Americana) designed by US.

Yes, in such a post-WWII environment, Flying Geese Paradigm "Japan +4 Dragons" model is the first wave that directly drives Taiwan to take off (Japan is Taiwan's largest source of economic aid and technology transfer), by early 1980's Taiwan has already established a tech and industrial base modeled on Japan.

Then came the post-1978 market reform of China Mainland, the second wave. Taiwan is the third largest FDI investor (after Hong Kong, Singapore) in China Mainland, Taiwanese tech corporations can on one hand expand their industrial base exponentially (e.g. Foxconn alone employs million of workers) to a scale that used to exist only in dream, on the other hand tap into massive and fast growing market (e.g. TSMC). Note that China Mainland overall can score huge trade surplus with the world, but record trade deficits with a handful of economies including Taiwan, which is the largest source (even more than SK, Japan, Germany or KSA) of trade deficit for China Mainland because IC chips is the single largest import item, even surpassing crude oil.

 

[Sliver]

I think the point is wrong though, and I don't think we should accept the assertion Bangladesh has no outside 'influence'.

Yes we may not have a position in the UN Security Council and will probably never have one.

But Bangladesh boasts plenty of political and diplomatic clout in the UN as a leader of LDC's and in plenty of countries in Europe, Africa, the Middle East and the Caribbean because of our good work in the UN, especially by our military. Wherever our soldiers have gone, they have won the locals' appreciation for contributions to peace and development, which some of the sane countries in the world, such as Scandinavian and Northern European countries, have been spearheading. We are assisting peace efforts by Scandinavian countries by supplying trained troops and manpower, which they lack and we have. This is how you build bridges in faraway countries which can translate to win-win economic relationships.

Just to mention - the country of Sierra Leone has adopted Bangla as a National Language for our contributions and help there by our armed forces.

The world has now recognized 21st February as 'International Mother Language Day' because of our efforts. This day celebrates _all_ mother tongues in the world as sacred and celebrates them all......

We have never been known as cheaters and exploiters in any country in the world, and that sort of reputation does count.

It is no surprise that Bangladeshi military planners are now planning an 'Overseas Training Command' to assist other LDC's in peaceful nation building and development.

https://defence.pk/pdf/threads/bangladesh-navy.168818/page-227#post-9430488

all the above is really good. and I am not being sarcastic. But, thats not exactly "influence outside of the border". Here in NYC, there are a ton of Bnagladesh businesses, but thats not because BD has "influence", its because some BD people have a good sense of doing business and it looks like they are making a good profit.

and it should not matter if BD has influence outside of its borders. what difference does that make really? as long as the citizens get to improve their lives and live a life of higher standard, it does not matter if BD has any influence outside its borders or not.

 

[TopCat]

I am comparing everything foreign because UKbengali is talking everything foreign when ground reality says otherwise . Whenever a Foreign brand is going to open an outlet its going to come to Pakistan much earlier than Bangladesh . Here in Kuala lumpur The brands i see 70-75 % of them are in Pakistan meanwhile Bangladesh not so much . Makes you wonder why are all these foreign brands opening in Pakistan and not in Bangladesh ? Why Don't they see the '' booming '' economy that UKbengali loves to point out ?

https://www.credit-suisse.com/us/en/about-us/research/research-institute/global-wealth-report.html

Lets have a look at some Facts and Figures :

Bangladesh Wealth Per adult : $ 2347
Bangladesh Median Wealth per adult : $ 675

Pakistan wealth per adult : $ 4595 (Almost twice bigger than BD)
Pakistan median wealth per adult : $1788 ( Almost thrice bigger )

As for wealth distribution that is also not true . Pakistan's middle class is much bigger as % of population . Our middle class is somewhere around 84 million or 40 % of the population

I brought up infrastructure because he loves to point it out that there are huge projects going on Funded by China when there is little on the ground literally .

Cut this crap. would you?
You dont have a census in the last 3/4 decades. None of your per capita is reliable. Look at export volume, import volume, reserve etc which are very good indicator and independent of census figure.

 

[UKBengali]

BD PPP per capita is still stated around $3400-3500 . Only IMF is stating it at above 4K . As for money pouring in Bangladesh All i see is empty rhetoric with nothing on the ground . How does your infrastructure compare to Pakistan ? How many Foreign retail outlets operate in Bangladesh ? (I am sure its very less compared to Pakistan ) , What is the nature of Normal/Luxury Car sales in Bangladesh compared to Pakistan ?(Again i am assuming Alot more Luxury car sales in Pakistan compared to BD) Your middle class is still nowhere near as large as ours . So all this foreign money coming inside Bangladesh I will believe it when I see it .

Its funny though you try to use Indian investment as a shield here but when it comes to other threads you ridicule them by saying they never deliver on their projects . As for China they are spending $62 Billion in Pakistan with work already under progress on dozens of projects unlike BD which is still looking for that '' Foreign money '' to come . For example you keep on talking about infrastructure projects but the reality on the ground says otherwise .

You are desperate. I used an IMF source to compare Pakistan and BD directly for 2017. I even gave Pakistan the benefit of the doubt by using PPP rather than nominal.

Indian soft loans is not the same as investment proposals numbnuts. The US 1 billion and US 2 billion that they promised earlier is already been/being used in many projects. The new 4.5 billion dollar soft loan just announced last month is a desperate Indian attempt to keep up with China's 24 billion dollars of soft loans from last year. And Russia has already started work for the 12-14 billion US dollar Roopur nuclear power plant and so no going back there.
Let us not talk about the many tens of billions that will flow in from World Bank, Japan and other sources over the next decade as well.

You see BD GDP/Capita PPP is growing twice as fast as Pakistan. Like I already said, you can dream of growing at the rates that BD has done and is currently doing.

 

[Nilgiri]

I was talking about govt debt. And I was talking about developing country. You don't borrow more than what you can repay. It is common sense. Debt is no free money. 40% was an arbitrary number I picked. It should be somewhere around that number.
As of 2015 China's govt debt is 43% of their economy. This is the first time it has gone past 40%.
http://www.tradingeconomics.com/china/government-debt-to-gdp

While Pakistan's GDP to debt ratio is 66% and it has been only increasing lately. It was like 56% in 2001. I know nothing about economics(engineering student) but it seems Pakistan does have some problem with their ever increasing debt.
http://herald.dawn.com/news/1153618
https://profit.pakistantoday.com.pk...k-6-5b-external-debt-over-the-next-15-months/

http://www.tradingeconomics.com/pakistan/government-debt-to-gdp

For India the current debt is like 69% of GDP and it has decreased from 75% in 2008. I don't think India's borrowing has gone down but rather India's economy has expanded. Things are different for every country. India's economy is expanding fast so I guess India doesn't have to worry much about it. But still there surely are concerns.
https://scroll.in/article/818686/in...loans-and-that-could-wreck-development-dreams
Another article(Some BS in it but some good points too) http://www.sunday-guardian.com/analysis/in-the-end-india-will-still-be-trapped-in-debt

http://www.tradingeconomics.com/india/government-debt-to-gdp

For Bangladesh the debt was like 50% of GDP in 2002. But now it is around 27%. Which gives Bangladesh more flexibility to borrow without worrying too much. You can see Bangladesh has been borrowing a lot lately.

Another article with some BS and some good points: http://www.sundaytimes.lk/article/1021029/could-china-put-south-asia-on-road-to-debt-trap


http://www.tradingeconomics.com/bangladesh/government-debt-to-gdp

The point I am trying to make is that debt/GDP ratio is only one component of a country's (esp govt) borrowing ability (esp foreign) and cannot be taken as an isolated figure.

Nothing concrete/conclusive can be ascertained regarding that from this table:

http://www.imf.org/external/pubs/ft...br=1&c=513,564,924,534&s=GGXWDG_NGDP&grp=0&a=

What matters much more (among other things) is the credit rating of the country:

https://en.wikipedia.org/wiki/List_of_countries_by_credit_rating

You can probably compare a country to itself over time using debt/GDP ratio....but across borders its utility is reduced given many other finance based factors change.

Thus its not in top 10 cross-country economic indicators for me.

 

[Homo Sapiens]

You are desperate. I used an IMF source to compare Pakistan and BD directly for 2017. I even gave Pakistan the benefit of the doubt by using PPP rather than nominal.

Indian soft loans is not the same as investment proposals numbnuts. The US 1 billion and US 2 billion that they promised earlier is already been/being used in many projects. The new 4.5 billion dollar soft loan just announced last month is a desperate Indian attempt to keep up with China's 24 billion dollars of soft loans from last year. And Russia has already started work for the 12-14 billion US dollar Roopur nuclear power plant and so no going back there.
Let us not talk about the many tens of billions that will flow in from World Bank, Japan and other sources over the next decade as well.

You see BD GDP/Capita PPP is growing twice as fast as Pakistan. Like I already said, you can dream of growing at the rates that BD has done and is currently doing.

CPEC is a 3 years old project.So they are seeing it's money by now.While China,s 24 billion dollar credit to Bangladesh is only 6 monthes old and Indian 5 billion is less than one monthes.World bank's 6 billion is only 2 months.So all these are very recent development.Relativily older credit like 2-3 years are already utilized or under utilization,like Russian 12 billion dollar credit for nuclear power plant,Indian previous 2 credit or Japanese Credit of 6 billion for Dhaka metro rail and other project.So how can our Pakistani friend could claim that reality is otherwise and infrastructure project is not happening in BD unlike CPEC? Did we get the time to utilize the recent 35 billion committed by China, India or World Bank?

 

[UKBengali]

CPEC is a 3 years old project.So they are seeing it's money by now.While China,s 24 billion dollar credit to Bangladesh is only 6 monthes old and Indian 5 billion is less than one monthes.World bank's 6 billion is only 2 months.So all these are very recent development.Relativily older credit like 2-3 years are already utilized or under utilization,like Russian 12 billion dollar credit for nuclear power plant,Indian previous 2 credit or Japanese Credit of 6 billion for Dhaka metro rail and other project.So how can our Pakistani friend could claim that reality is otherwise and infrastructure project is not happening in BD unlike CPEC? Did we get the time to utilize the recent 35 billion committed by China, India or World Bank?

These tens of billions will propel BD growth
to 8-9% a year in the 2020s.

Honestly, Pakistan is not even a valid comparison
to the fast growing BD economy.

 

[Homo Sapiens]

These tens of billions will propel BD growth
to 8-9% a year in the 2020s.

Honestly, Pakistan is not even a valid comparison
to the fast growing BD economy.

True,one shouldn't compare a country whose industrial sector is growing at 11 percent a year with a country where industry is growing barely 3.5 percent.Even without infrastructure development spending by foreign money, our economy will grow robust 6 percent due to fast growing Industrial sector and healthy growth in service sector and agriculture.But for Pakistan,take away loan money injected in CPEC,growth will come down 2 percent maximum instead of 5 percent growing this year.

But forget these things,real issue is cement consumption plus number of private car and 6 lane expressway where those private car will look beautiful.

 

[bd_4_ever]

But forget these things,real issue is cement consumption as well as number of private car and 6 lane exprrssway where those private car will look beautiful.

Dont forget electricity consumption and steel consumption!