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nope IMF said its 4.1, making an improvement of 0.4 over PPPP and by far slowest in region, even india had recovery of 3% due to new goverment, good sentiment and low oil pricesBut this morning Ishaq dar said 4.9% growth rate
nope IMF said its 4.1, making an improvement of 0.4 over PPPP and by far slowest in region, even india had recovery of 3% due to new goverment, good sentiment and low oil prices
i had alot of expectation from PML N but they failed to deliver on reforms, taxation, power lossess and privatization, result is obvious. they simply failed to follow their on manifesto..anyone wants to know what i mean should simply read it
we are still lucky, hopefully we will have growth spike due to Chinese investment courtesy to the new Chinese leadership but sustainable growth isnt possible without reforms which the govt has failed to deliver
lets hope govt deliver on reforms in taxation, power , education and health..it still has 3 years may be more as we are pretty much sure that in absence of any other political force PML N will win it easily next time
its easy for country which hasnt even come into middle income group..for example every major country in south asia has growth above 5.A growth rate of 5% is no easy feat. But there's no reason why Pakistan should experience anything less than 5 next year, for terrorism has been greatly reduced and security situation improved.
India didn't recover but shifted to vedic math to show high growth rate. According to vedic math even under congress India was growing 6+%.
please people need to understand that index has nothing to do with growth.After the spectacular karachi share index run, this news is a bummer !
please people need to understand that index has nothing to do with growth.
it simply say how much money the companies are making, the answer is alot..
with stability and slow down in whole world people from aboard are ready to invest in shares, remember profit are high in developing countries but problem is risk, as soon as risk goes down money pours in stocks(not in long term investment) , the money leaves as soon as things get worse.
although its good sign but it doesnt mean growth or net inflow of money. e.g from the stocks there was net out flow of capital this year. it was there in the news .
unfortunately its mostly hedge funds and short term money, hence the fluctuationsNo, some supposedly learned member here was saying in earlier thread that the money coming to Karachi index are not hedge funds and other hot money but long term investment money. Which evidently is not the case.