Economy performance from 2018/2022

[Tariq Habib Afridi]

Overall performance of economy 3 years and 8 months

Current account deficit
2018. 20 billion USD
2022. 01 billion USD

Foreign reserves

2018. 09 billion USD
2022. 22 billion USD

Tax collection
2018. 3770 billion Rs
2022. 6100 (first time in Pakistan)

F. Remittances
2018. 19 billion USD
2022. 31

Exports
2018 total. 20 billion USD
2022 only textiles
31 billion USD
IT exports 5 billion USD
Total volume of economy
2018. 3500 billion Rs
2022. 6500

Debt to GDP ratio
2018. 70%
2022. 65% (First time decrease in the history of Pakistan)

Job Creation
5.8 million job created in last 3 years and confessed by Mr. Miftah Ismael

BISP
2018. 1.2 billion Rs
Ehsaas
2023. 3.6 billion Rs
Low cost housing
Sehat card
Kisan card
Mazoor card
Rashan card
Interest free loans
Ehsaas scholarships
Worth Rs 38 billion
Environment:
10 Billion trees
Tourism
10 Dams ( after more than 50 years)
21 universities
Colleges in hundreds
31 hospitals

A huge saving in roads construction and electricity projects

Other achievements

Establishment of Rehmatul lilaalaameen authority

Seerat university
Islamophobia
Seerat chairs
Ph D in seerat annabee
Teaching of Qura'an in educational institutions
Single curriculum

The big objection:
Loans/debts
2018. 25 trillion
2022. 43 trillion
Increase. 18 trillion:
Detail-
Due to devalue 6 TRI
Payment of interest of previously taken loans 9 trillion
Cash reserve 6 trillion

Net effect-
18-(6+9+6)=-3
(Ho sakta ha patwarion ko samjh aa hi jaey)

Industrial zones but
Independent foreign policy

Still a lot is to be mentioned
Pakistan Zaindabad

Correct me if i quoted anything wrong..i would love to be corrected especially from PTI critics

 

[Hakikat ve Hikmet]

Correct me if anything is wrong

You're not wrong. The Pak establishment has made a wrong move. Now, they've to return from it ASAP...

 

[Tariq Habib Afridi]

I got this from an PTI critic.

You're not wrong. The Pak establishment has made a wrong move. Now, they've to return from it ASAP...

Thank you but i wanted a fair comparison and if wanted to be corrected if i have mentioned something wrong

 

[Hyde]

I don’t know some PTI supporters write fudged figures and then everyone else copies them without actually checking the real figures

The debt to gdp for example rose from about 68% to 85%

The foreign reserve account keeps changing with similar numbers so never actually increased to significant figure

The overall economy shrank during PTI government for the first time in our history in USD. They came in power with about 330 billion USD of GDP and until last year it was back to about 270s figure

Now it is up again due to rebasing of GDP to 2015/16 so basically not an achievement by PTI

I can talk about other figures but it’s going to be pointless

 

[jamal18]

The overall economy shrank during PTI government for the first time in our history in USD. They came in power with about 330 billion USD of GDP and until last year it was back to about 270s figure

Could this be due to a drop in the value of the rupee?

 

[Hyde]

Could this be due to a drop in the value of the rupee?

Broadly speaking yes

We poorly managed our rupee and kept blaming Noon League for that… which lead to negative market sentiment and the rupee kept losing its value… by the time they realised it.. it was too late

 

[HammerHead081]

Nice propaganda post

 

[jamal18]

Broadly speaking yes

We poorly managed our rupee and kept blaming Noon League for that… which lead to negative market sentiments and the rupee kept losing its value… by the time they realised it.. it was too late

I mean it may not be correct to say that the economy has shrunk. This is just one indicator. There will be others.

 

[Dr-who]

I don’t know some PTI supporters write fudged figures and then everyone else copies them without actually checking the real figures

The debt to gdp for example rose from about 68% to 85%

The foreign reserve account keeps changing with similar numbers so never actually increased to significant figure

The overall economy shrank during PTI government for the first time in our history in USD. They came in power with about 330 billion USD of GDP and until last year it was back to about 270s figure

Now it is up again due to rebasing of GDP to 2015/16 so basically not an achievement by PTI

I can talk about other figures but it’s going to be pointless

Debt to gdp ratio is 78%
GDP after rebasing this year would be 375 billion dollar

 

[Hyde]

Debt to gdp ratio is 78%
GDP after rebasing this year would be 375 billion dollar

Rebasing is already done to 2015/16.. it did not reach to 375 billion as per your estimate... Kindly google it to update yourself

 

[lightning F57]

I dont think you can compare economic figures in last 4 years with other circumstances because covid hit in the last 4 years and devastated the world economy. This skews what may have been.

 

[AZADPAKISTAN2009]

Had we not had covid the numbers in Imran Khan Gov would have been exponentially high

+ Negotiated removal of Riqo Diq 6.5 Billion Fine to 0% and increased Pakistan's share
+ Negotiated removal of Turkish power company Ship fine 600-800 million to 0%

+ Courts Stopped the Ravi City Project Near Lahore (KALA coat once again)
This would have created millions of new Jobs

 

[ejaz007]

Overall performance of economy 3 years and 8 months

Current account deficit
2018. 20 billion USD
2022. 01 billion USD

Foreign reserves

2018. 09 billion USD
2022. 22 billion USD

Tax collection
2018. 3770 billion Rs
2022. 6100 (first time in Pakistan)

F. Remittances
2018. 19 billion USD
2022. 31

Exports
2018 total. 20 billion USD
2022 only textiles
31 billion USD
IT exports 5 billion USD
Total volume of economy
2018. 3500 billion Rs
2022. 6500

Debt to GDP ratio
2018. 70%
2022. 65% (First time decrease in the history of Pakistan)

Job Creation
5.8 million job created in last 3 years and confessed by Mr. Miftah Ismael

BISP
2018. 1.2 billion Rs
Ehsaas
2023. 3.6 billion Rs
Low cost housing
Sehat card
Kisan card
Mazoor card
Rashan card
Interest free loans
Ehsaas scholarships
Worth Rs 38 billion
Environment:
10 Billion trees
Tourism
10 Dams ( after more than 50 years)
21 universities
Colleges in hundreds
31 hospitals

A huge saving in roads construction and electricity projects

Other achievements

Establishment of Rehmatul lilaalaameen authority

Seerat university
Islamophobia
Seerat chairs
Ph D in seerat annabee
Teaching of Qura'an in educational institutions
Single curriculum

The big objection:
Loans/debts
2018. 25 trillion
2022. 43 trillion
Increase. 18 trillion:
Detail-
Due to devalue 6 TRI
Payment of interest of previously taken loans 9 trillion
Cash reserve 6 trillion

Net effect-
18-(6+9+6)=-3
(Ho sakta ha patwarion ko samjh aa hi jaey)

Industrial zones but
Independent foreign policy

Still a lot is to be mentioned
Pakistan Zaindabad

Correct me if i quoted anything wrong..i would love to be corrected especially from PTI critics

Since you have not quoted any source I assume you relied on some individual's figures which do not seem to be accurate.

One example for Current account detail is:

Pakistan Current Account

Pakistan recorded a Current Account deficit of 62 USD Million in the second quarter of 2024. This page provides - Pakistan Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news.

tradingeconomics.com

For foreign reserves:

Pakistan Foreign Exchange Reserves - March 2022 Data - 1998-2021 Historical

Foreign Exchange Reserves in Pakistan increased to 22875.10 USD Million in February from 22084.50 USD Million in January of 2022. Foreign Exchange Reserves in Pakistan averaged 16844.45 USD Million from 1998 until 2022, reaching an all time high of 27067.70 USD Million in August of 2021 and a...

tradingeconomics.com

 

[ejaz007]

Debt to GDP Ratio:

Pakistan Government Debt to GDP - 2021 Data - 2022 Forecast - 1994-2020 Historical

Government Debt to GDP in Pakistan increased to 87 percent in 2020 from 86 percent in 2019. Government Debt to GDP in Pakistan averaged 70.71 percent from 1994 until 2020, reaching an all time high of 87.90 percent in 2001 and a record low of 56.40 percent in 2007. This page provides - Pakistan...

tradingeconomics.com

 

[Menace2Society]

And this was during the covid pandemic.