Inflation - 12 year low
interest rate - 42 year low
Stock market - 2nd best performance in the world
Exports - increased due to GSP+ status from EU
Investments - $42 Billion CPEC
Foreign Exchange Reserves - all time high
Privatization - first time happening to bring reforms
Corruption ratings - 10 places improvement over 1 year
Combating Terrorism - Pakistan tops list of countries observing decrease
Infrastructure development - 27% increase
GDP growth rate - highest in 7 years
GDP per capita - increased
If you think Bloomberg is wrong, better explain Moodys, S&P, and JICA reports as well.
-inflation is an indicator in demand vs supply of products. If you have low inflation, it's an indicator of the market slowing down, people buying less and less. 12 year low inflation means lowest demand in 12 yrs. It means it's a bad time for investment as the market is not growing as fast.
-low interest rate is a good thing. But gov. keeps borrowing all the money, and nothing is left for the private sector.
-it's a small market, very easy to manipulate. It has been amongst the best performers for many many years. The bubble will go bust eventually.
-Foreign reserves are high because of massive loans. Yeh wapis bhi bharney hain.
-privatization is a good thing. But look at the hypocrisy that on one hand you are privatizing companies and on the other hand setting up new state run enterprises like metro etc. What is happening lol?
-lower corruption is a good thing, but more can/should be done. Every single project is 10-20% commissions...And then they advertise in the papers "bees arab ki lagat sey flana flana, tees arab ki lagat sey flana flana". But then you compare the costs of the projects with same/similar projects in other countries, you realize all of them are overpriced by 20-30% easily.
-combat terrorism, okay good thing...But why were the terror cells kept alive for so long, even when entire world was asking to shut them down or do something. Blame goes to current plus two previous gov.s. for badly handling the war on terror.
-it's only the expenditure that has increased. you have to see individually each project if they were even financially feasible. Most of the projects this gov. has done are NOT financially feasible. Plus, again privatization vs more state enterprises.
-GDP growth rate of 4%. Enough said. And even that after rigging figures.
see this.
-tiny growth in gdp/capita. no significant improvement. They are neither trying to reduce population growth rates through awareness (what I think is the easier way of increasing living standards and gdp/capita), nor are they focused on increasing productivity through investment in education etc. (the more difficult way).
As far as the ratings are concerned, they are not that hard to manipulate. All their data is based on gov. stats. Gov. stats are inaccurate and simply rigged at times. It's not even something new, has been going on since like for ever...Everyone's doing it, even the developed countries.
These things mean absolutely nothing. Go and ask the common investor/businessman if he's considering investing more capital for expanding his business in the next 12 months and see how they respond, that should tell you everything. If the local investor who knows his market inside out is not confident in investing more capital in the country, all of these figures become quite irrelevant. So go talk to the business community, they are the ones who get the first hand feedback from the economy.
You guys need to be very careful with the rising foreign exchange reserves rather. I mean I don't see the export data matching up with the development.
that's true, exports are not going good at all...
First the gov. artificially lowers the dollar as soon as they come to power in 2013 (bad for export) and then the recent euro crisis with euro falling, making exports to EU more difficult. The export industry is not in a good mood right now...
