Pakistan’s external account gap to reach $11.5bln in three years

[Major Sam]

Well let me post it for you.

If you look for 2016 Year u will see Two figures one in local currency 2nd is in USD. but for 2017 USD value is not available so we can use current dollar as an estimate. As last year value will b same if we use previous USD exchaneg rate. Little bit up and down can b ok as its just estimate. But i know you will not get bec for it a person needs brain.

@Shajida Khan

 

[Shajida Khan]

Uh oh, here come the 14 year old "economists".

19 years is more accurate. Anyways, Allah khair kare.

 

[Major Sam]

19 years is more accurate. Anyways, Allah khair kare.

But still didnt learn any thing. Sigh

 

[BHarwana]

they are just dumb they cant even comprehend how GDP growth works
for them its simpel math
just add growth rate in current GDP and you get the next year GDP. lol

leave them in delusions. Let Pakistan b bank corrupt its goood for them. So let them b happy. I dont know hwy these Indians are more worried about Pakistan than even Pakistanis themselves.

They are noobs who don't understand any thing they thought that Pakistan will run to IMF and to get a new loan they will push IMF to tell Pakistan to let go Jadhav but this is not going to Happen. China has bailed Pakistan out already and I would rather prefer Pakistan to devalue it currency instead of taking loan even from China. That will make the imports expensive and exports cheap and thus help to decrease the trade deficit. But Noora will not do that because he has to send cash out of Pakistan and this action will hurt his investments.

 

[Laozi]

they are just dumb they cant even comprehend how GDP growth works
for them its simpel math
just add growth rate in current GDP and you get the next year GDP. lol

While doing simple maths please adjust the inflation and value of PKR vis a vis International currencies , Rest is child's play

China has bailed Pakistan out already and I would rather prefer Pakistan to devalue it currency instead of taking loan even from China.

Devaluation of currency negatively impact your GDP calculations, it is much better to increase your exports by making it more competitive just like Chinese are doing.

 

[Major Sam]

While doing simple maths please adjust the inflation and value of PKR vis a vis International currencies , Rest is child's play



Devaluation of currency negatively impact your GDP calculations, it is much better to increase your exports by making it more competitive just like Chinese are doing.

Thats what i said it will b around 315-320B usd for year 2017.

 

[Great Sachin]

Well let me post it for you.

If you look for 2016 Year u will see Two figures one in local currency 2nd is in USD. but for 2017 USD value is not available so we can use current dollar as an estimate. As last year value will b same if we use previous USD exchaneg rate. Little bit up and down can b ok as its just estimate. But i know you will not get bec for it a person needs brain.
View attachment 393427

@Shajida Khan

still it is 313 b for 2017....where this 340 figure came from

 

[Major Sam]

still it is 313 b for 2017....where this 340 figure came from

Where i have said it will b 340B i said it will b around 315-320. thats all

 

[Great Sachin]

Where i have said it will b 340B i said it will b around 315-320. thats all

I mean 400B

 

[BHarwana]

Devaluation of currency negatively impact your GDP calculations, it is much better to increase your exports by making it more competitive just like Chinese are doing.

Yep negative Impact on GDP but good Impact on domestic market. Bad Impact for foreign goods but good impact for domestic goods. Bad Impact for cash outflow but good impact for cash inflow. You maintain this for few years and after this you can change the policy and sudden increase will boost the market just like China did.

Not doing this will only help you in forum keyboard wars but doing this will help your economy in real terms.

 

[Major Sam]

I mean 400B

that will b by 2019, thats wat i have mentioned. plz read carefully,

 

[SMC]

Janaab hosh ki dawa karein.

If GDP of Pakistan in 2016-17 is $320 billion and in 2015-16 is $284 billion then growth is ((320 - 284) / 284) x 100 = (36/284) x 100 = 12.67 % YoY

Which is impossible.

Are you an armchair economist? Have you heard of something called inflation, and how it effects the size of economy? Check your own country's GDP year over year, and then compare the growth %. You will find the numbers not lining up. That's inflation for you.

 

[BetterPakistan]

Janaab hosh ki dawa karein.

If GDP of Pakistan in 2016-17 is $320 billion and in 2015-16 is $284 billion then growth is ((320 - 284) / 284) x 100 = (36/284) x 100 = 12.67 % YoY

Which is impossible.

Oye oo aqal kai andhoun.. agr economics ki aqal na ho to chup raha kro..

The size of GDP increase with the addition of GDP growth+inflation rate and is calculated on present day exchange rate. I quoted IMF and do you think you have more knowledge than IMF?

Janaab, India has foreign reserves of 350+ billions. The real gap for India is very small.

456 - 350 = 106

for a 2000 billion + economy that will be around 5-6 % in reality.

Coming to Pakistan,
23 billion dollars in reserve.

74 billion external debt

50 billion for a 300 billion economy will be around 17 %

The situation for Pakistan is totally different.

Masha ALLAH Masha ALLAH

Pakistan external debt is $72 bn from which less than $60 bn is public debt, presently its nearby $58 bn. If we deduct $23 Bn from $58 Bn than we are left with $35 Bn which equals to 10.94% of our present GDP. If we take total public debt in consideration than India Public debt to GDP ratio is 65.55% (IMF) and for present year its 60-60.5% for Pakistan.

 

[Icarus]

Thread without source, Closed.

Thread title manipulated with intent to flame.