• Wednesday, February 22, 2017

Pakistan predicted to become the Muslim World’s fastest growing economy in 2017: The Economist

Discussion in 'Pakistan Economy' started by Devil Soul, Jan 10, 2017.

  1. Honey Badger

    Honey Badger FULL MEMBER

    New Recruit

    Messages:
    44
    Joined:
    Oct 5, 2016
    Ratings:
    +0 / 31 / -0
    Country:
    Pakistan
    Location:
    United Arab Emirates
    Yeah not even in 30 years of rule,Intentions & efforts are the key not corruption..You Bloody Patwari!

    http://www.focus-economics.com/countries/pakistan
    Check out the above link Mr.Patwari. First of all this is the forecast secondly all key economic indicators suggest such as Exports, unemployment opposite what Munshi & Nooni minions claim. This is all due to the low oil price's worldwide.
     
    • Thanks Thanks x 1
  2. Muhammad Omar

    Muhammad Omar ELITE MEMBER

    Messages:
    11,270
    Joined:
    Feb 3, 2014
    Ratings:
    +12 / 17,058 / -1
    Country:
    Pakistan
    Location:
    Pakistan
    http://www.economist.com/indicators

    Lol it's a Forecast they are not illiterate to Forecast this about a so called Failed state with Low Exports and unemployment Pakistan Obviously they saw Positive Indicators for the Economy and then Predicted about Pakistan LOL
     
  3. Honey Badger

    Honey Badger FULL MEMBER

    New Recruit

    Messages:
    44
    Joined:
    Oct 5, 2016
    Ratings:
    +0 / 31 / -0
    Country:
    Pakistan
    Location:
    United Arab Emirates
    Yeah Right!!

    ISLAMABAD: International Monetary Fund (IMF) Mission chief to Pakistan Herald Finger has denied the reports that IMF had given "Finance Minister of the year 2016 for South Asia award" to Pakistan' Finance Minister Ishaq Dar.

    He was addressing Daily Times via video link from Washington to Pakistani Media personals at Islamabad on Thursday. Mission chief Herald Finger said that "we have no relation with the Magazine who gave the Award to Finance Minister Ishaq Dar."

    He emphasised upon Pakistani government to make the China Pakistan Economic Corridor (CPEC) more transparent. "CPEC projects will increase the external debt to Pakistan," he said. Herald Finger said that Pakistan has to expedite the work on Privatisation Program and make reforms to the energy sector. Load shedding is a grave issue in Pakistan and the government has to pay more attention to this.

    He predicts that the Pakistani government will not achieve the GDP target of current fiscal year 2016-17 and termed it will remain around 5 percent of the GDP. Circular debt has been reduced from Rs 200 billion to 8 billion through concrete steps made by the Pakistani government. He said that Pakistani government had managed this through increasing in electricity prices, controls on electricity theft and sustainable improvement in the recoveries of electricity bills.

    IMF has provided the final tranche of Rs 73 million to Pakistan and with this three year IMF Extended Fund Facility (EFF) program. Pakistan has to provide a business friendly environment to attract investors, he further said.

    It is worth mentioning here that the finance ministry released a communiqué on 8 October in which it stated that Emerging Markets, the newspaper of the IMF / World Bank Annual Meeting, had declared Senator Ishaq Dar as: "Finance Minister of 2016 for South Asia".

    "The Award is recognition of Pakistan's economic performance at the IMF / World Bank Annual Meeting which is one of the major gatherings of international financial and economic leaders and experts. The finance minister has authorized Pakistan's Ambassador to the United States, Ambassador Jalil Abbas Jilani, to receive the award on his behalf."
    http://dailytimes.com.pk/pakistan/1...-ishaq-dar-finance-minister-of-the-year-award

    & then TYPO'S Happen....LOL

    http://tribune.com.pk/story/734985/govt-says-3-3-gdp-growth-given-to-imf-was-a-typo/
     
  4. Zaem

    Zaem FULL MEMBER

    Messages:
    143
    Joined:
    Oct 18, 2016
    Ratings:
    +0 / 60 / -0
    Country:
    Finland
    Location:
    Finland
    Beating KSA doesnt really need any effort. Their only income is oil, after it runs out its gonna be total hellhole
     
  5. Muhammad Omar

    Muhammad Omar ELITE MEMBER

    Messages:
    11,270
    Joined:
    Feb 3, 2014
    Ratings:
    +12 / 17,058 / -1
    Country:
    Pakistan
    Location:
    Pakistan
    From where did Best Financial minister statement cam from

    also i was talking about 2015 and 2016 not 2014 LOL
     
  6. My-Analogous

    My-Analogous SENIOR MEMBER

    Messages:
    3,966
    Joined:
    Feb 9, 2009
    Ratings:
    +2 / 2,838 / -0
    Country:
    Pakistan
    Location:
    Oman
    Source please
     
  7. Muhammad Omar

    Muhammad Omar ELITE MEMBER

    Messages:
    11,270
    Joined:
    Feb 3, 2014
    Ratings:
    +12 / 17,058 / -1
    Country:
    Pakistan
    Location:
    Pakistan
    • Thanks Thanks x 1
  8. Orakzai

    Orakzai FULL MEMBER

    Messages:
    620
    Joined:
    Dec 20, 2008
    Ratings:
    +1 / 882 / -1
    Country:
    Pakistan
    Location:
    Australia
    BD's economy has been growing at the rate of 6% and more, how does that make us faster growing economy with 5.3%(that too if we acheive it)?
     
  9. Śakra

    Śakra FULL MEMBER

    Messages:
    1,123
    Joined:
    Jul 18, 2016
    Ratings:
    +0 / 1,075 / -4
    Country:
    India
    Location:
    Canada
    bangladesh is an LDC. No one factors in LDCs when comparing growth charts because their growth is unstable (one year 20% growth, next year in a recession) and their economies are too small to even matter.
     
  10. Talwar e Pakistan

    Talwar e Pakistan SENIOR MEMBER

    Messages:
    3,940
    Joined:
    Dec 30, 2014
    Ratings:
    +6 / 4,956 / -1
    Country:
    Pakistan
    Location:
    United States
    and you don't think they know that and are taking pre-cautious steps?
     
    • Thanks Thanks x 1
  11. Orakzai

    Orakzai FULL MEMBER

    Messages:
    620
    Joined:
    Dec 20, 2008
    Ratings:
    +1 / 882 / -1
    Country:
    Pakistan
    Location:
    Australia
    BD has $ 230 billion economy, how is that small?
    Why are they still in LDCs list?
     
    Last edited: Jan 12, 2017
  12. Zaem

    Zaem FULL MEMBER

    Messages:
    143
    Joined:
    Oct 18, 2016
    Ratings:
    +0 / 60 / -0
    Country:
    Finland
    Location:
    Finland
    I know they are, but the results are pretty sad.
    KSA is still without any industry to soften the hit after oil runs out. Not to even mention its social problems which it has kept under control with violence and money, without money to silence population, its gonna be in troubles unless its reforming itself.
     
  13. Philia

    Philia FULL MEMBER

    Messages:
    489
    Joined:
    Sep 18, 2016
    Ratings:
    +0 / 443 / -0
    Country:
    Bangladesh
    Location:
    Sweden
  14. EpiiC

    EpiiC FULL MEMBER

    Messages:
    422
    Joined:
    Dec 4, 2016
    Ratings:
    +0 / 137 / -0
    Country:
    Pakistan
    Location:
    United Kingdom
    Sakra BD economy 230B is quickly catching Paks 271B at Current Growth rate of 7.5% BD will catch and surpass Pak unless we start growing 7% as well....and we need to beause we are a very poor country at the moment and also have energy crisis.
     
    • Thanks Thanks x 3
  15. bdslph

    bdslph SENIOR MEMBER

    Messages:
    2,983
    Joined:
    Jun 9, 2011
    Ratings:
    +0 / 1,897 / -0
    Country:
    Bangladesh
    Location:
    Philippines
    BANGLADESH and Pakistan has a long way to go and improvements are been done it will take time