GDP growth rate of over 5.5pc to hurt economy: Shaukat Tarin

[Jungibaaz]

He is on non stop sarcasm mode lately

lol nevermind, I'm getting slow.

 

[FuturePAF]

Here are some solutions presented by ADB. Happy reading
View attachment 790740View attachment 790741

https://www.adb.org/sites/default/files/publication/545406/cwwp-008-pakistan-economic-growth-bop-constrained.pdf

Thanks
Hopefully at least some of it will be implemented by the government while the world is recovering from COVID and there is a lot of capital being invested around the world

 

[Pandora]

Nonsense. No one is stopping the incompetent PTI Government from imposing ban on imports. If imports are so bad, stop them, not keep increasing them.

FY 2020-2021
Exports: $25.3 billion
Imports: $56.3 billion
Diffrence: $31.1 billion
Total Trade: $81.6 billion

FY 2017-2018
Exports: $23.2 billion
Imports: $52.9 billion
Difference: $37.7 billion
Total Trade: $76.1 billion

After three-years in power, the incompetent PTI Government has managed to increase exports by only $2.1 billion and reduced trade deficit by a mere $6.6 billion at the cost of massive devaluation of the currency, imposing poverty on the nation, stock market tumbling, runaway inflation, external debt increased by $26.9 billion and demoted to frontier economy from developing country (to list a fraction of disasters imposed on the country).

PTI has managed to arrest trade deficit which widened from 20 billion in 2013 to billion in 2018 37.7 billion. Which mean PMLN increased trade deficit by 17.7 billion $ durring its tenure. If that is not economic hitmanship by PMlN then i dont know what is. Compare that with 31 billion TD in 2020-21 clearly trade deficit has reduced by 6 billion.
Dont know what you were trying to do here but according to your own data PTI achievement is visible. You just scored an own goal here. Or your stats are incorrect bcz your calculation are making no sense.

 

[Hakikat ve Hikmet]

Bring in the Sherifs, and you can go back to the square one (loved by the Ehl-i Sheyatin) again….

 

[Pandora]

If only they understand the alif bay of economics.

The easier way to reduce imports is to tax them. Imo

if you know so much about alif bay of economic then present a solution to problem. Dont quote wild theories with no statistical backing to prove your point. PTI govt increased tax in early day on import and effects was Nada. Pakistanis kept spending on brands. You think a logical solution actually works on Pakistanis then you are in for a treat. Only danda works here.

 

[Pakistan Space Agency]

PTI has managed to arrest trade deficit which widened from 20 billion in 2013 to billion in 2018 37.7 billion. Which mean PMLN increased trade deficit by 17.7 billion $ durring its tenure. If that is not economic hitmanship by PMlN then i dont know what is.

People were suffering in 2013, really, really suffering.

There was a civil war like situation, mass unemployment,18-hours daily load-shedding, extreme poverty, industries shut, people committing suicides and the whole country was in a depression like mood.

Compare that with 31 billion TD in 2020-21 clearly trade deficit has reduced by 6 billion. ...

If you had bothered to use couple of functioning brain cells, you would've explained why the incompetent PTI Government hasn't bothered to decrease the trade deficit back to $20 billion like it was in the good old days of 2013.

 

[PakSword]

If we can’t currently manage grow over 5.5%, what is being done to address the hinderances? We need grow as fast as possible for as long as possible to grow out of the current mess, obviously in a sustainable manner, but it needs to be addressed ASAP.

You need industry, not just large scale manufacturing, but small and medium sized manufacturing units. You need industries that can fulfill the demand without resorting on imports much. You need industries that can turn your raw materials and semi finished goods to finished products to add substantial value.

That doesn't happen overnight!

 

[Blacklight]

Quoi?

He wants to see what Secret Service guys actually look like.

 

[Norwegian]

PTI has managed to arrest trade deficit which widened from 20 billion in 2013 to billion in 2018 37.7 billion. Which mean PMLN increased trade deficit by 17.7 billion $ durring its tenure. If that is not economic hitmanship by PMlN then i dont know what is. Compare that with 31 billion TD in 2020-21 clearly trade deficit has reduced by 6 billion.
Dont know what you were trying to do here but according to your own data PTI achievement is visible. You just scored an own goal here. Or your stats are incorrect bcz your calculation are making no sense.

He believes govt deliberately devalued Rs because of his Patwari reverse logic. Fact Rs was devalued by market forces because Pakistan was left bankrupt by his favorite Pmln is of no concern to him

 

[Pandora]

People were suffering in 2013, really, really suffering.

There was a civil war like situation, mass unemployment,18-hours daily load-shedding, extreme poverty, industries shut, people committing suicides and the whole country was in a depression like mood.

If you had bothered to use couple of functioning brain cells, you would've explained why the incompetent PTI Government hasn't bothered to decrease the trade deficit back to $20 billion like it was in the good old days of 2013.

Astagfirullah 2013 Pakistan was a thousand times better than 2018 Pakistan economically. I havnt heard such a lame arse and pathetic logic before to defend incompetence of PMLN.

First increase trade deficit by 20 billion and the. expect PTI to reduce dependence on imports PMLN created itself? I mean tell me the logic here by using your enormous functioning brain with IQ of over a 1000. This is so typical of you Patwaris that when forced to face facts you start barking and make personal attacks.

 

[PakSword]

The idea is to make import expensive and use taxation to educate and create skilled workforce who can make quality products in Pakistan which can be subsidized to lower the price.

taxation doesn't always solve problems. If the imported goods are a necessity because we don't produce alternatives locally, taxation doesn't have major impact on bringing down imports.

 

[ziaulislam]

PTI has managed to arrest trade deficit which widened from 20 billion in 2013 to billion in 2018 37.7 billion. Which mean PMLN increased trade deficit by 17.7 billion $ durring its tenure. If that is not economic hitmanship by PMlN then i dont know what is. Compare that with 31 billion TD in 2020-21 clearly trade deficit has reduced by 6 billion.
Dont know what you were trying to do here but according to your own data PTI achievement is visible. You just scored an own goal here. Or your stats are incorrect bcz your calculation are making no sense.

BS
my great leader increased exports from 25b$ in 2012 to 21000m $ in 2018
Clearly a several fold increase in numbera..eh..right

 

[Norwegian]

People were suffering in 2013, really, really suffering.

There was a civil war like situation, mass unemployment,18-hours daily load-shedding, extreme poverty, industries shut, people committing suicides and the whole country was in a depression like mood.

So you went for bankrupting the economy? Was that your solution to all that?

 

[Pandora]

He believes govt deliberately devalued Rs because of his Patwari reverse logic. Fact Rs was devalued by market forces because Pakistan was left bankrupt by his favorite Pmln is of no concern to him View attachment 790756View attachment 790757

Useless to actually present facts to these people. Iam not engaging with him anymore bcz he has started to bark after running out of arguments.

 

[Norwegian]

If you had bothered to use couple of functioning brain cells, you would've explained why the incompetent PTI Government hasn't bothered to decrease the trade deficit back to $20 billion like it was in the good old days of 2013.

Because your favorite Pmln had already put Pakistan on import led Path in 2018 and near bankruptcy