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But @Mav3rick claims Pakistan's currency was never overvalued during his favorite Patwari govtIt might prove that Pakistan's currency was artificially overrated. Another fact that we have to accept. Careful and balanced devaluation is needed to build an export-oriented industrial foundation for a stronger Pakistan.
No, this is just goods exports. Services export not included.Does Pakistan's exports includes services?
With services BD is at 60 billion US dollars over the last fiscal(July 2021 - June 2022).
No, this is just goods exports. Services export not included.
Yes, should be around that mark with the increase in IT services exports and so forth.Good so you think around 40 billion in total?
Yes, should be around that mark with the increase in IT services exports and so forth.
Yes. But Pakistan’s history is full of tragedies of what could have been. That’s the only thing that makes me afraid and cautious.BD is focusing heavily on IT exports and has target to increase this from 2 billion US dollars annually to 5 billion by 2025.
Pakistan is I think twice what BD is and should target 10 billion US dollars by mid-decade.
It is a good way to create hundreds of thousands of skilled jobs for people in their 20s and 30s.
Both countries should grab market share from India!
Yes. But Pakistan’s history is full of tragedies of what could have been. That’s the only thing that makes me afraid and cautious.
Take below as example. If it was a straight line projection, we should have been challenging South Korea now:
Impact Of Nationalization On BECO And Pakistan Economic Development
There had been many times in Pakistan’s history when stupid decisions were taken by the government. Nationalization in Bhutto’s era was one of those decisions. 22 Families lost everythi…anikakhan.wordpress.com