Pak economy size shrinks to $264 bn

[The Maverick]

Economy will jump back fast. -0.5 growth is a Godsend. India's is projected to decrease -3% followed by -5% next year whereby Pakistans is projected to grow above 4% next year.

Remember last month when Bhindians were mocking Pakistan for having the most Covid-19 cases before the shit hit the fan in their own country (now most infected in asia and soon the world) karma does justice

https://www.cnbctv18.com/economy/a-...cts-india-gdp-growth-of-5-in-fy21-5946951.htm

Where do you get this data from.

Any source.

Why would a Pakistan the weakest economy in South Asia struggling for a decade have positive growth AND india the fastest growing major economy on the planet for a decade go to negative.

India is ten times Pakistan GDP and 40 times your forex so surely more stable more resilant

 

[Syed1.]

Where do you get this data from.

Any source.

Why would a Pakistan the weakest economy in South Asia struggling for a decade have positive growth AND india the fastest growing major economy on the planet for a decade go to negative.

India is ten times Pakistan GDP and 40 times your forex so surely more stable more resilant

US is the largest economy in the world and it is also expected to go negative. Please talk about things you know about. India will go negative as well.

 

[Pandora]

Where do you get this data from.

Any source.

Why would a Pakistan the weakest economy in South Asia struggling for a decade have positive growth AND india the fastest growing major economy on the planet for a decade go to negative.

India is ten times Pakistan GDP and 40 times your forex so surely more stable more resilant

You know that famous saying
THE BIGGER THEY ARE THE HARDER THEY FALL
Just to Give some perspective
India:
https://edition.cnn.com/2020/05/22/economy/india-gdp-rbi-coronavirus/index.html
https://www.hindustantimes.com/indi...ts-key-rate/story-iTnO0AmJrV6xFzVXax7KeO.html
US:
https://www.businessinsider.com.au/...er-deutsche-bank-coronavirus-2020-5?r=US&IR=T
China:
https://www.theguardian.com/world/2...rd-wuhan-covid-19-death-toll-rises-50-percent
Japan:
https://www.bbc.com/news/business-52570721

I mean you can pull up data of any export oriented economy which has not been battered hard by COVID crisis. India is no exception being a large economy. No doubt economy will recover in about 2-3 years but meanwhile the facts represent a dark economic future for entire plannet.

 

[volatile]

I hope my intellectual level never reached the heights that yours has reached inshallah

see no arguments only criticism to poster ,that means when you have none ,Its not your domain

https://www.investopedia.com/terms/g/gdp.asp

That should explain what gdp is, and why what you said is completely nonsense.

Learn what gdp actually is, before talking to me again.

GDP Formula Based on Spending
The expenditure approach, also known as spending approach, calculates the spending by the different groups that participate in the economy. This approach can be calculated using the following formula: GDP = C + G + I + NX, or (consumption + government spending + investment + net exports).

Same from the link you send ,probably if you have read it you could have avoided further embarrassment. Alhumdulilah i m stick with what i have written and your provided link has proved im saying sense rather than non sense

Lol at your Naivness ,GDP growth is a sum of many things which represents the over all economic activity here is Macro Economics 101 . GDP = Consumer Spending + FDI + Govt Spendings PSDP + Exports . Now tell me which variables are not true representative of over all economic growth ? FOr massive vanity projects these were mainly power and infrastructure project which by the way elevates development and economic activity ,Im starting to believe from your post you have absolutely no idea of what you are writing ,for time being absorb and study above and come back when you understand ,also there is no growth called artificial growth

FYI

 

[Salahuddin Ayyubi]

Lol at your Naivness ,GDP growth is a sum of many things which represents the over all economic activity here is Macro Economics 101 . GDP = Consumer Spending + FDI + Govt Spendings PSDP + Exports . Now tell me which variables are not true representative of over all economic growth ? FOr massive vanity projects these were mainly power and infrastructure project which by the way elevates development and economic activity ,Im starting to believe from your post you have absolutely no idea of what you are writing ,for time being absorb and study above and come back when you understand ,also there is no growth called artificial growth

How are Nawaz sharif's platelet levels doing? Haven't heard from them since this Corona mess started.

And how's ishaq dollar been? After screwing the economy and running away to UK

 

[volatile]

How are Nawaz sharif's platelet levels doing? Haven't heard from them since this Corona mess started.

And how's ishaq dollar been? After screwing the economy and running away to UK

off topic and irrelevant

 

[Salahuddin Ayyubi]

off topic and irrelevant

Translation: "I have no answer and my master Mariam baji has not given me authorization to respond"

 

[Nilgiri]

Guys lets all take it easy (some of you are getting heated here).

This is corona time (severe impact on all worldwide economy) and lot of stuff is basically up in the air completely right now.

There is no real (concrete) analysis to be had on this subject right now (not to mention the differing definitions in play when you use nominal vs real and current vs constant...and have USD conversions in the middle too).

Need to let this year play out and lets see how next year is.

I will be back to contribute analysis hopefully then...

@That Guy @Socra @Jungibaaz

 

[volatile]

Translation: "I have no answer and my master Mariam baji has not given me authorization to respond"

Or better not get to your level as there is no thing to say ,have a good day

 

[LeGenD]

Please do not flamebait each other. Thank you.

 

[kris]

Corona did hit hard each and every country....
Only few Lucky individuals are spared..

Eventually every country will recover but definitely not every company or every individual...

Till then everything is just a speculation

 

[arjunk]

GDP in the history of 68 years (even after 1971) is in reverse direction ,perhaps a moment of silence and clapping for current regime and there wonderful team of experts .

Have you people seriously sunk to blaming PTI for a pandemic? Why are you so cranky? Is it because you can't loot a nation of 220 million people and then sit your *** in an apartment in the UK anymore?

 

[Danish saleem]

Double digit Inflation is poisonous, if just focus on first 9 Months before Lockdown, they are worst ones. specially in Tax collection, inflation, Exports , Imports.

 

[Safriz]

General Zia economy model should be revived. All foreign corporate kicked out of the country and occupy domestic market with local companies only.
In General Zia era , there were negligible exports, but all Pakistan used Pakistani products made by Pakistani companies using local ingredients.
Country didnt earn money from abroad but likewise also did not lose money to foreign corporate giants.
Likewise there was no compound interest and no virtual money. Any money anyone had was real money and actually existed.

 

[Blacklight]

General Zia economy model should be revived. All foreign corporate kicked out of the country and occupy domestic market with local companies only.
In General Zia era , there were negligible exports, but all Pakistan used Pakistani products made by Pakistani companies using local ingredients.
Country didnt earn money from abroad but likewise also did not lose money to foreign corporate giants.
Likewise there was no compound interest and no virtual money. Any money anyone had was real money and actually existed.

Do mention that 15 or 16PKR was equal to US$1