Pakistan becomes the 5th Fastest growing economy in the world

[.]

according IMF,World Bank; BD had around 6.5% GDP growth. it is very confusing report

You will be in the list after 2023
Bangla is LDE not DE

according IMF,World Bank; BD had around 6.5% GDP growth. it is very confusing report

https://en.wikipedia.org/wiki/Least_Developed_Countries

 

[BDforever]

You will be in the list after 2023
Bangla is LDE not DE

ah, i missed that part , thanks

 

[Nilgiri]

according IMF,World Bank; BD had around 6.5% GDP growth. it is very confusing report

BD needs to stop being a LDC. The corruption is just too damn high even for the region.

Then your growth figures may be taken seriously in the world rankings.

 

[Narcissist]

Poppycock. That is such a cliche. Okay so there is no 'free lunch'. Right lemme give you a list.

Poland.
Latvia
Slovakia
Romania
Bulgaria

Since early 2003 these basket cases are not only having free lunches but they are eating cakes as well. Do you know the amount of subsidy that EU has pumped into theses countries? It runs into $100s of billions. In adddition the citizens of these countries have been allowed without any visa or entry restrictions to get millions of jobs inside EU at full EU rates.

The general idea is to lift these underdeveloped Eastern European states to the same level as Western Europe with Germany, France and UK foting the bill. Why did they do this? One South Asian migrant arrives and they have cops searching for him. The reason is strategic. Western Europe needs to bring Eastern Europe within it's orbit and wider NATO bulwark.

Going back to post WW2 United States launched the massive Marshall PLan to lift Western Europe up from the bootstraps. Again $10s of billions was transferred to get Western Europe up after the destruction of WW2. So countries do employ economic devices as part of their strategic objectives.

And talking of free lunches even the rich get lunches on the house with cakes thrown in. Which country is the largest recipient of US aid every year? Some poor African country maybe? Nah, Israel. Go figure. Geopolitics at play?


Talking of lunches- - do you like Greek food? Well here have a look at cost of free Greek lunch. Yes, $206 billion., think about that. That easily four times more then CPEC and iven to a country - Greece that has smaller population than New Delhi. The fact is if you have rich and powerful friends then 'free lunches' do happen.

@Genesis

It's still not free though. There's a cost to all of this with the EU subsidies, to the aforementioned member states, they've made said members dependant, under control, and ensured certain economic benefits to the ones footing the bill.

MOD EDIT

There really is no free lunch.

 

[SAS]

Poppycock. That is such a cliche. Okay so there is no 'free lunch'. Right lemme give you a list.

Poland.
Latvia
Slovakia
Romania
Bulgaria

Since early 2003 these basket cases are not only having free lunches but they are eating cakes as well. Do you know the amount of subsidy that EU has pumped into theses countries? It runs into $100s of billions. In adddition the citizens of these countries have been allowed without any visa or entry restrictions to get millions of jobs inside EU at full EU rates.

The general idea is to lift these underdeveloped Eastern European states to the same level as Western Europe with Germany, France and UK foting the bill. Why did they do this? One South Asian migrant arrives and they have cops searching for him. The reason is strategic. Western Europe needs to bring Eastern Europe within it's orbit and wider NATO bulwark.

Going back to post WW2 United States launched the massive Marshall PLan to lift Western Europe up from the bootstraps. Again $10s of billions was transferred to get Western Europe up after the destruction of WW2. So countries do employ economic devices as part of their strategic objectives.

And talking of free lunches even the rich get lunches on the house with cakes thrown in. Which country is the largest recipient of US aid every year? Some poor African country maybe? Nah, Israel. Go figure. Geopolitics at play?


Talking of lunches- - do you like Greek food? Well here have a look at cost of free Greek lunch. Yes, $206 billion., think about that. That easily four times more then CPEC and iven to a country - Greece that has smaller population than New Delhi. The fact is if you have rich and powerful friends then 'free lunches' do happen.

@Genesis

Inadequate comparison! All of these are Eurozone economies, their destinies are intertwined, literally.

This is equivalent to one of the US states paying less in taxes and getting more from federal budget (Identical to how EU operates and allocates its budget). Make Renminbi your national currency and sell your country to Beijing and then your argument will be valid.

Plus, you talk of Greece the very poster you posted shows how Greece had to suffer. Do you even know the amount of public spending cuts Greece has had to make to get these loans? Their National Minimum Wage which was almost 900Euros (More than Spain's) was cut down to 600 and something Euros (Fractionally more than that of Turkey's) and has been frozen since last 5 years.

So, as a matter of fact there indeed isn't a free lunch in the world. Everything has a price.

 

[Indramani]

Well, technically it should've graduated since it already passed global threshold income. But, I guess we'll have to wait till like 2020 for its "official graduation". Btw, a lot of states in India are even more underdeveloped compared to Bangladesh, including all the states surrounded by Bangladesh, and I'm not gonna' even mention BIMAROU states. India as a whole only does better because of its developed South, as well as the northern states of greater Punjab region, Gujarat and Maharasthra. Not sure why people think they're better off, even though their country is equally poor

These so called BIMARU states are even doing better than Bangladesh with their GDP growth rate reaching 26%.LOL

 

[Tiger Genie]

China isn't actually forcing them to hand over ownership.

The Sri Lankans are offering to transfer ownership in lei of repayments. But the investments that were done don't warranty just the transfer of the infrastructure, China will want ownership of other projects.

yeah they did. It is how China grinds into your sovereignty if you don't watch out. Like Pakistan, SL did not have much choice.

 

[Finer]

Hopefully Pakistan will become an Asian tiger as Nawaz Sharif said.
Pakistani patriots should study the Meiji restoration in Japan.
Look at Japan which has a population and territorially less than Pakistan, yet is so advanced technologically.

It is easier to manage sizeable population in compare to million/billion population. With million-to-billion populated nations, that is hard to govern while feed the nation with the resources that is not enough to cut it.

When Islam started, it was started with few numbers that was easier to manage, but now we are talking about Muslim nations scattered everywhere all over the globe, yet glued to sectarian wars among each other.

For that reason alone, India will not progress faster as it is projected to whereas for Pakistan, it is remotely possible since Pakistan is home to 171 million people only. Pakistan had huge thriving economy in 60s before that could afford to take care of the whole nation, and Pakistan can do it again with the two economical ports; Qasim and Gawadar Port. but with India, it has long way to go taking the billion population into the account while majority are living below the poverty line, deprived of human equality rights, lacks of toilet, and more.