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Economy projected to grow by 4.2%

Pakistan needs to sort out energy/electricity crises on emergency bases, because of shortage of electricity many companies are relocating to other countries, this indeed is very disturbing.
 
Pakistan's economic growth would zoom if there are no restrictions and trade barriers in Indo-Pak trade. But unfortunately, vested interests won't let that happen.
Thats a rather enthusiastic comment than a rational one......a part of growth depends upon trade, but India is not a big trading partner of Pakistan. Yes if the trade balance with US and Europe betters, then this would contribute to growth, but to an extent only.
 
If corrupt politicians all left the country, the rich started paying taxes, and we got out of war OF terror then Pakistan would be growing by atleast 9%. Pakistan has great potential.
This is a rather unrealistic wishlist, economic development doesnt come by mere wishes. There is always imperfections, there can be growth with corrupt politicians (India), There can be growth without rich people paying taxes (Pakistan 2000-2006), but there can not be growth with dismal law and order situation....I hope I put it in a lucid way
 
well if corrupt people leave country may grow at 20 % though thats not possible.
with general good policies and good security we can easily achieve 9-10 percent due to our resources as we do during military regimes like mush time.
point is their is toooo much corruption and too much stupid econmical policies.
we have to follow policies of china,america and india encouraging foreign investment and making the public money eating institution into public-private partnership.
1-Thats why someone has rightly said, Neem Hakeem Khatra e Jaan, there is no bechmark of so as to what should be an impressive growth rate. In economic literature, we rather use the term of potential GDP. The maximum a country can achieve is till all its resources are optimally employed (Potential GDP). For example, US is said to have a potential GDP growth rate of 3%, so if US economy is able to grow by mere 3%, then it has achieved a remarkable thing. Moreover, impressive growth can not return overnight, it need consistent policy making, which clearly lacked even in Mushi's era where Shortcut Aziz also took a shortcut to growth by artificial internal growth model. its a pitty that South Korea once modeled its policy making on our five year plans, Where they stand now and where do we.
2- Corruption is not a function of nature, but a function of opportunity. Theoretically, corruption serves as a lubricant where there are frictions in the processes and systems. Make the system simple and you ll have no corruption since there will not be any opportunity.
3- No matter the land turns into gold, unless we dont provide our investors with secure environment, they will never invest here. Why would i like to invest in a country where my life may be on the line? you have to understand that there are certain prerequisites for certain things.
2-
 
Pakistan's economic growth would zoom if there are no restrictions and trade barriers in Indo-Pak trade. But unfortunately, vested interests won't let that happen.

:lol::lol:

Are you kidding me? We have no need for trade with bharat for our economy to grow. We can grow at 10% without having anything to do with bharat. Please keep your drivel to yourself.
 
If Pakistan resolves its Energy problem and removes the corupt politicians, its growth wouild be 20% to 25%. The industries are running at less than 50% capacity because of load shedding problem.
 
Why not any Pakistani business man invest in the field of power/electricity. It will help Pakistan get rid of electricity problems & he himself will make alot of money with this business.

Also SC should take notice of this issue, otherwise Pakistan will loose its business & industries till 2014.
 
This is a rather unrealistic wishlist, economic development doesnt come by mere wishes. There is always imperfections, there can be growth with corrupt politicians (India), There can be growth without rich people paying taxes (Pakistan 2000-2006), but there can not be growth with dismal law and order situation....I hope I put it in a lucid way

Yeah economy can grow with corrupt but not with the kind of incompetent fools known as ministers we have in Pakistan.
 
:lol::lol:

Are you kidding me? We have no need for trade with bharat for our economy to grow. We can grow at 10% without having anything to do with bharat. Please keep your drivel to yourself.
When I mentioned 'vested interests' won't allow Indo-Pak trade to develop, it seems you belong to that category. And then we talk of an Indo-Pak detente! But it's hardliners like you around that don't allow relations between the two countries to develop.

As long as hawks like you are running riot, there can be no progress towards peaceful relations between the two countries. It is obvious that you have been fed on animosity and hate from childhood and that's a disease worth curing. It won't find you a place in heaven in spite of doing your Namaaz five times a day!!

And what I wrote earlier wasn't drivel as you contend. If you know anything about economics, your reply wouldn't have been nonsensical childish twaddle. And that includes the preposterous statement that you can grow at 10%!

Which world are you living in, friend? Wake up and smell the coffee!
 
Yeah economy can grow with corrupt but not with the kind of incompetent fools known as ministers we have in Pakistan.
But do we have anyone who is competent enough?.......I have to say that as far as economic policymaking is concerned, Pakistan has always lacked good economists who can chalkout a long term solution. Political parties are also equally responsible for this. Thats why we always look towards somebody like shaukat aziz, shaukat traeen, Dr, hafeez and Moeen Queshi. The situation is that there are very few good economists available in the counrty with hands on experience in policymaking (if fact the figure is low single digit). We need not only good policymaking but consistent policymaking. A national political consencus should be built on some principal points of good policymaking and should be able to continue without political interference. We must understand that economy is like a roler down the hill, blocked by poor law and order, fiscal indiscpline, a narrow tax net and poor economic management. We remove these hurdels and economy will automatically strart to grow like the roller moving down the hill. We must acknowledge that we will have to live with these anomalies like currption, political system that we have, but we can still grow if we put the basics right.
 
the problem in electricity is unability to collect bills...and unability to provide gas..it is not lack of investment..

so if govt imports Liquid gas and collects bills there would be no electricity problem...
 
the problem in electricity is unability to collect bills...and unability to provide gas..it is not lack of investment..

so if govt imports Liquid gas and collects bills there would be no electricity problem...
Not only collection but also line losses. In rest of the world the line loss rate is around 10% but in Pakistan it is around 35% to 45%
 
If corrupt politicians all left the country, the rich started paying taxes, and we got out of war OF terror then Pakistan would be growing by atleast 9%. Pakistan has great potential.

Sorry to disappoint you, but those people who don't pay "Income Tax" already pay 40% on their spending in Pakistan. And salary class like me, pay more then 55% Tax (direct indirect) in their spending. Problem is not Tax paying but utilizing Tax in a good manner rather then carrying 50+ ministers (and their carry bags) for nothing. Also no country can grow until their government has enough resources to help people. rather then totally dependent upon People Money.

And also even if corrupt leaders leaves Country with their bags (filled with dollars) will not help this country. This country needs some examples e.g. Hanging the Zardari like creatures and bring his all money to the pakistan (not for the people but for the country development).
 
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