IMF Official Projection 2019: Bangladesh economy is overtaking Pakistan economy(Nominal) (9.04.2019)

[UKBengali]

Lol, it should be. Indonesia in 1970 got less GDP than Pakistan and comparable to East Pakistan so the start in 1971 should be not much in differences, but today we are three or four times larger than you

https://en.m.wikipedia.org/wiki/List_of_countries_by_past_and_projected_GDP_(nominal)

BD was a ruined country in 1971.
You cannot compare with Indonesia that had already been independent for more than 2 decades and had laid the foundations of growth by then.
BD started building the foundations of growth in the 1980s with garments. Now finally we are seeing what is possible by a unitary state in S Asia.

 

[Chhatrapati]

Let all the countries in the region prosper. More power to South Asia.

Congrats to BD on it's continuing economic growth.

 

[SBUS-CXK]

@Marine Rouge @Aryan0395
Be quiet. OK?

China will firmly support the development of pakistani. a prosperous Pakistan is good for China.

 

[BDforever]

@Marine Rouge @Aryan0395
Be quiet. OK?

China will firmly support the development of pakistani. a prosperous Pakistan is good for China.

 

[PAKISTANFOREVER]

Pakistan didn't do shit. The Afghan taliban were ignored by Pakistan at best and worst.

The Afghan taliban do not, and never have needed Pakistan's help. They have $800 million dollars of opium profits every year to fund their insurgency.

Pakistan cannot and should not allow the Afghan taliban to come to power. They're as much of a threat as an anti-Pakistan/pro-India government in Kabul. Never forget, they threatened to go to war against Pakistan, during their rule, when Pakistan demanded they recognize the Durand line.

We also didn't do s**t against the Soviets in afghanistan in the 80s............

 

[Nike]

BD was a ruined country in 1971.
You cannot compare with Indonesia that had already been independent for more than 2 decades and had laid the foundations of growth by then.
BD started building the foundations of growth in the 1980s with garments. Now finally we are seeing what is possible by a unitary state in S Asia.

[/QUOTE]

You made it as Indonesia is peacefull country right after 1945, in which is not case. I can said the same actually Indonesia just get away from Civil war at the time (1965 communist purge) and long time rebellion war in many islands in which caused more than two millions people death and severe economy crisis with hyper inflation, long conflict against joint British Australia forces in Borneo till 1966, not to mention repeated natural disaster. Basically Indonesia infrastructure in 1970 not much better than East Pakistan or much worse if i said.

 

[mb444]

No luck lah, the size differences is quite large unless India balkanized on the way. Bangladesh should set aim against country like South Korean or Japan



Malaysia, Indonesia is doing better economically than Bd altough they are not homogenous in population and had rather large debt.

Debt is not a problem if you know how to use it.

Pakistan is highly endebted and you keep borrowing more and more at higher interest without really paying back the loans.

I do not know i assume your army consumes the money. The result is successive rounds of bailouts and ever increasing debt.

I hope you can get out of this ruinious cycle of ever higher gearing with higher interest rates.

The difference with BD is our long term iron clad policy of low indebtedness even at the cost of economic growth. We have never taken a loan for current account financing since the 70's and have never defaulted on a loan. We have never asked anyone for a bailout. All of our loans are at very low rates and are for capital investment.

BD policy is slow and steady, the higher growth rates today are the manifestations of nearly 4 decades of building an economic base. We will have ups and downs but at a very basic level we have developed an integrated economic model with solid global logistics.

PK and BD are not comparable in any way and I agree with other commentators that our respective countries and people are worlds apart.

 

[UKBengali]

You made it as Indonesia is peacefull country right after 1945, in which is not case. I can said the same actually Indonesia just get away from Civil war at the time (1965 communist purge) and long time rebellion war in many islands in which caused more than two millions people death and severe economy crisis with hyper inflation, long conflict against joint British Australia forces in Borneo till 1966, not to mention repeated natural disaster. Basically Indonesia infrastructure in 1970 not much better than East Pakistan or much worse if i said.

All that counts is independence date. You are in charge of your own destiny after that. BD has faced many natural disasters and coped.

Rebellion proves my point about BD homogeneous advantage.

BD is currently growing 3% a year quicker than Indonesia and so the gap will reduce over time.

 

[Black_cats]

To both of these, feel free to correct me if I'm wrong, but i don't necessarily think that's the complete case here. Regardless of the value of the rupee, the value of a product which has been produced, doesn't just automatically decrease, just because a currency weakens. GDP shows the over all value of an economy, rupee fluctuation shouldn't have that much of an effect.

GDP is measured in Pakistani Rupee which then converted to USD. As a result after conversion it shows less but in PKR it may actually increased. When you are considering lower PKR for conversion artificially it shows higher value like the case in 2018 when Central Bank of Pakistan took 108 PKR as conversion rate to USD where as real figure was128-130. Hope you have got the answer.

 

[fallstuff]

This is a troll thread.
There is no reason to gloat over projected economies. Frankly speaking its the ' pot calling the kettle black.' . A $1900 per capita income is better than last year, but no where near worth celebrating. There is just so much work ahead that needed to be done. If anybody deserved any credit it is the entrepreneurs, govt spending on the infra, and all those young ladies who toil for a couple of hundred dollars a month. It still beats working as a maid 7 days a week 12 hour a day.

The few times I have been to Bangladesh lately i see people focused on their careers or businesses. People don't care much about politics anymore, they just want to see stable govt.

 

[Skull and Bones]

View attachment 552271

Rupee will fall another 15-20% from here with IMF intervention, followed by long term double digit inflation. Will not be surprised if Pakistan’s GDP gets back on the southern side of 250 billion dollars by 2021-2022.

Bangladesh and Vietnam will be the next growth engine of Asia.

 

[Fledgingwings]

Wish BD good luck for all the coming days and years.

 

[PAKISTANFOREVER]

Rupee will fall another 15-20% from here with IMF intervention, followed by long term double digit inflation. Will not be surprised if Pakistan’s GDP gets back on the southern side of 250 billion dollars by 2021-2022.

Bangladesh and Vietnam will be the next growth engine of Asia.

A bit like how you creatures claim to have invented UFOs 7,000 years ago and the internet 10,000 years ago........:

https://www.ibtimes.co.uk/ancient-i...nets-radical-claim-raises-controversy-1481897

https://www.theatlantic.com/technology/archive/2018/04/india-ancient-internet/558725/

 

[Skull and Bones]

A bit like how you creatures claim to have invented UFOs 7,000 years ago and the internet 10,000 years ago........:

https://www.ibtimes.co.uk/ancient-i...nets-radical-claim-raises-controversy-1481897

https://www.theatlantic.com/technology/archive/2018/04/india-ancient-internet/558725/

Still, not begging around to maintain minimum forex reserve. Have some shame.

 

[PAKISTANFOREVER]

Still, not begging around to maintain minimum forex reserve. Have some shame.

Shame????.............Shame on india more like........india is 7× bigger than Pakistan who is also allegedly "bankrupt" yet we still thrashed and humiliated your air force in front of the ENTIRE world!............on top of that there is NOTHING Indian kind can do about it...................so much so for "weak economy"........

PS thrashing the air force/military of a 7× bigger adversary has NEVER EVER been done before.......Feb the 27th 2019 by the PAF...........seems the gangalanders are still burning.......