GDP rebasing done with 2015-16 base. GDP growth rate for FY21 is 5.57%. GDP size: 55.5 tr or $346 bn. Per capita $1666. Debt to GDP 72%.

[Baby Leone]

the way current govt is declining rupee value it will be 250 bilion USD again in few months.

 

[RangeMaster]

the way current govt is declining rupee value it will be 250 bilion USD again in few months.

Nope. Rupee is free floating. It will stop where market wants it to stop. It is not overvalued like it did in previous govt. It will stay somewhere between 170-180. You really believe rupee was strong when CAD was way above $20 billion and exports declined. It was overvalued.
In rupee terms GDP will increase and mask the effect caused by depreciation (if further depreciation happened).

 

[ziaulislam]

the way current govt is declining rupee value it will be 250 bilion USD again in few months.

Does it matter?
Productivity matters not rupee value

As long as GDP in rupee terms is increasing ALONG with actual productivuty nothing matters

 

[ziaulislam]

Summary
Overall good news if govt can maintain spending without CAD going beyond 2-2.5%(7-8b$)
key missing ingredient is taxation
Exports subsidzation will still be needed
Remittance and inflows for projects(WB AB FDI CPEC) is the key

Government has set a target of nearly 6 trillion PKR in taxes and it would seem they would achive that target what are your thoughts on that the incumbent finance minister early into his term talked a lot about getting retaliers in tax net i dont know about the progress on that though.

It will acheive it but 6 trillion is nothing
Its just 10% vs 20% in india

 

[Patriot forever]

 

[Abid123]

What is our GDP PPP? Anybody..? After current rebasing..?

A exact figure would be hard to give. But should be close to 2 trillion USD.

 

[AZADPAKISTAN2009]

How Many Timatar and Aloo for 1000 rupees , that is all PML cares about basing and debasing is too much math for PML

 

[RangeMaster]

A exact figure would be hard to give. But should be close to 2 trillion USD.

Before rebasing it was $1.37 trillion. Should be well above $1.5 trillion now.

 

[Norwegian]

How Many Timatar and Aloo for 1000 rupees , that is all PML cares about basing and debasing is too much math for PML

PMLN only cares about destruction of Pakistani economy

 

[hydrabadi_arab]

my question is simple last night my yearly income was 1193$ and today its 1666 $ wow

about re base its still better then using own ayurvedic way of calculation and becoming 2.5tr $ false economy like modi did .

Thats not what rebasing is. Your income stay same but govt now have little better idea about economic activity going in country.

 

[crankthatskunk]

Layman question, if our currency was 115 rupees to dollar instead of current 176 rupees, would our gdp still be the same?

Nope, on exchange rate of Rs 105 to 1$ the GDP in Dollar terms would be far higher.
That's where BD or India is looking better than Pakistan in dollar terms. Devaluation of rupees has hit Pakistan GDP and Per Capita in dollar terms.
Ishaq Dar should be publicly hanged, he is the one who borrowed through private companies with sovereign guarantees , these were the mines Dr Ishfaq was referring to, these borrowing never shown in the official figures, thus giving the impression of better economic conditions than there were.
It kept the rupee artificially high in international market.
As a matter of fact Pakistan was technically bankrupted by thug Ishaq Dar.

Stupid Pakistani public should be thankful to Imran Khan that Pakistan is still functioning, if it was PMLN , Pakistan would have been in dire situation.

 

[Maula Jatt]

PMLN only cares about destruction of Pakistani economy

they (NS, MNS not literally everyone associated with the party) want to destroy Pakistan period
NS should be assassinated for his crimes against Pakistan KGB style

 

[Falcon26]

GDP should be rebased again around 2026/2027. A bill should also be passed to rebase economy every 10 years.

 

[RealNapster]

GDP should be rebased again around 2026/2027. A bill should also be passed to rebase economy every 10 years.

Every 5 years. As countries in your region (India and Bangladesh) doing the same. Or atleast planning to do the same.

 

[N.Siddiqui]

Every 5 years. As countries in your region (India and Bangladesh) doing the same. Or atleast planning to do the same.

Yes 5 years is good enough time to do a rebase, ten years is longer.

This rebase is simply rebasing the earlier prices of commodities, services, products of earlier rebased on 2005-6 to year 2015-16, the increase theron. A real visible and a bigger change will come in GDP when the informal, undocumented and untaxed sector is included in the GDP nominal, to the maximum, that needs some doing. The higher sales tax collection and direct taxation will tell the story, increasing actually.

Still on the lower side looking at the actual reality on the ground and the GDP numbers.