Pakistani journalist suggests PM Imran Khan to follow Bangladesh’s development model

[Species]

that is what we saying we are living in other part of world and BD model can not work here .

Neither I said Pakistan should follow Bangladesh model, Pakistan's priorities are different.

It doesn't works that way, the net total is not the sum of all merged stock exchange...


Karachi Stock Exchange
کراچی بورس‬
Type Stock exchange
Market cap ₨9.2 trillion (US$87 billion)
Volume ₨1.3 trillion (US$12 billion)
Website kse.com.pk



Lahore Stock Exchange
لاہور بورس‬
No. of listings 671
Market cap ₨555.67 billion (US$5.3 billion)
Volume ₨2.51 trillion (US$24 billion)
Indices LSE 25 Index


There was also Islamabad stock exchange with about 20 billion USD market cap.


The idea was to usher in an era of privately owned and operated stock markets so that the necessary investment in upgrading the infrastructure of the exchanges could be mobilised and superior oversight could restrain the power of the large brokers to manipulate the market and engage in unethical trading practices.

The integration of the three exchanges is an essential step in that direction. With three separate stock markets, and with one of these dominant, the search for a private investor was complicated because it was hard to find an interested party for the Lahore and Islamabad exchanges, given their tiny size, and any private investor was wary of acquiring ownership of one exchange in Karachi while the other two remained in government hands.

https://www.dawn.com/news/1232383

The merger occurred in 2016, the figures I quoted are from 2018, which means figures of the merged entity.

 

[Max]

Please take off 2% off for population growth and that makes it 6% GDP per capita growth.

The growth you had was only due to debt write-off(payback for helping US against Taleban) - it did not last for more than 2 years:

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Like I say BD is growing sustainably at around 7% GDP per capita and the journalist is right that Pakistan should study BD and see what it can implement over there.

Imran Khan has goodwill in BD and the government would be more than happy to host him to allow him and his team to study the BD model.

Keep your model to yourself and maybe have a national holiday that a journalist asked to implement BD model (wtf is that).

We are two very different countries with different realities, culture and geopolitics.

 

[TopCat]

When pk economy nose dived in 2008s, the then BD central bank government said that pk had fundamental policy problem. He did not elaborate but he can certainly give his inputs if pk ask for it. We got some of the finest mind in economics in the region.

 

[Imran Khan]

Neither I said Pakistan should follow Bangladesh model, Pakistan's priorities are different.



The merger occurred in 2016, the figures I quoted are from 2018, which means figures of the merged entity.

you said so sir

in my part of world 10bn$ for defense is must or be ready for being next Afghanistan or Yemen .

 

[Max]

It's a poor man's excuse to be honest. Every country has its own issues. Bangladesh has faced some of the deadliest natural disasters in world history. Plus, we are surrounded by two extremely Islamophobic countries and still surviving pretty well.

We too faced natural disasters in between terror. Earthquack alone caused lacs of lives then come worst floods..

 

[UKBengali]

Keep your model to yourself and maybe have a national holiday that a journalist asked to implement BD model (wtf is that).

We are two very different countries with different realities, culture and geopolitics.

Dude, no-one said follow everything that BD does as that would not work in Pakistan since it is a multi-ethnic state rather than an unitary BD state for a start.

There must be a few things that BD is doing right that Pakistan can follow.

Anyway, I hope Imran Khan seriously considers looking into the BD model as it may help Pakistan economically and socially. Whatever model or models that Pakistan has been following for 70 years are clearly not working.

 

[Max]

Dude, no-one said follow everything that BD does as that would not work in Pakistan since it is a multi-ethnic state rather than an unitary BD state for a start.

There must be a few things that BD is doing right that Pakistan can follow.

Anyway, I hope Imran Khan seriously considers looking into the BD model as it may help Pakistan economically and socially.

Your security image is better then Pakistan, that's the only thing you have better, we dont lack visionary economist or passionate people who can turn things around .

Hopefully Imran Khan will work to improve country's image..

 

[Indus Pakistan]

Pakistan can learn a lot from BD in development.

The only thing Pakistan can learn from Bangladesh is how not to drown in the sea. That is about it. Pakistan is is far, far better off then Banga. The issues in Pakistan are poor tax collection. As other posters have shown here the real GDP figure is probably double Banga's. You might disagree but millions of your countrymen have set up slums in Karachi including spitting that red sh*t on pavements to feel home all the while pretending they all arrived there pre 1971. What does that tell you about the reality?

 

[UKBengali]

Your security inage is better, that's the only thing you have better, we dont lack visionary economist or passionate people

Not just that.

Pakistan cannot maintain fast GDP per capita growth(>5% a year sustained) like BD has been doing since the year 2000 pretty much. Without this fast GDP per capita growth, you are doomed to remain 3rd world forever. Even with CPEC in full gear, GDP per capita growth is expected to fall from 4% last year to 3% this year. Something is clearly not right here.

I agree that Pakistan is a very different country than BD but honestly BD is probably a good country for Pakistan to look at as it is in S Asia, has similar population and is on the same economic level. Have a look and see if there is anything that could be useful for Pakistan to emulate. AL government in BD would be more than happy to assist Imran Khan and his team if he asks.

 

[Species]

As other posters have shown here the real GDP figure is probably double Banga's.

I agree, Pakistan will reveal it's true GDP and the huge treasures hidden by the Chinese Priory of Sion at Gwadar only during the Armageddon.

 

[Indus Pakistan]

I agree, Pakistan will reveal it's true GDP and the huge treasures hidden by the Priory of Sion only during the Armageddon.

Is that what you been telling all those millions of illegal Bangla migrants who have set up slums all over Karachi? Figures !

 

[N.Siddiqui]

The merger occurred in 2016, the figures I quoted are from 2018, which means figures of the merged entity.

My point is any company listed in Karachi stock exchange and the same company listed in Lahore stock exchange will have the average as sum total when merged, it won't double.

So chances are Dacca stock exchange and Chittagong stock exchange when merged will not have the net cap as the total, it will be half of the two Stocks or about closer to it.

 

[Species]

Is that what you been telling all those millions of illegal Bangla migrants who have set up slums all over Karachi? Figures !

As other Pakistani posters have pointed here, Pakistani govt. figures are unreliable.

 

[Black_cats]

Is that what you been telling all those millions of illegal Bangla migrants who have set up slums all over Karachi? Figures !

Was not there any Bengali living in Pakistan till 1978 when both were same country? Please keep these bengali illegal rant to yourself. It is almost impossible for anyone to cross Indian border twice and Pakistan border as well where the border is heavily guarded in both side by its army and border guard. Pakistan does not have any treasure that any Bangladeshi will think of going there. Now even Pakistan rupee is much lower then Bangladeshi taka.

 

[Species]

My point is any company listed in Karachi stock exchange and the same company listed in Lahore stock exchange will have the average as sum total when merged, it won't double.

So chances are Dacca stock exchange and Chittagong stock exchange when merged will not have the net cap as the total, it will be half of the two Stocks or about closer to it.

The reasons that Dhaka and Chittagong exchanges have not been merged yet validates the fact that Bangladesh's stock exchanges have higher market cap than Pakistan.