Pakistan's GDP growth expected to touch 3% mark for FY2021

[ziaulislam]

This is meant to be positive, what a bloody shambles. For on 5.8 % to -0.4 to 0 % and no a pipe dream to touching 3% with a barge pole.
Shaukat Tareen said that it will take a while to get to 2018 level. PTI's 4th finance minister in under 3 years.
FFS heads must role. Ik fraudiya bring the first

First of all where is 5.8 coming from????

We had peak growth of 5.2%

Lastly bill gates was giving nawaz sharif 20b$ free money pet year to fill in the deficit(per patwaris)..so its not IK fault that bill gates doesnt like imran khan and he had to keep the deficit surplus

News coming in that growth is about 4%

https://twitter.com/x/status/1395727458511384583

My question to Noony Tunes is which growth is better

1. 4% with a current account surplus of $1b
2. 5.8% with a current account deficit of $20b

5.2% was the figure not 5.8% per SBP
patwaris will say 20b looks better

They will now switch out of growth mantra and bring in $$$ price mantra and inflation

 

[Syed1.]

First of all where is 5.8 coming from????

We had peak growth of 5.2%

Lastly bill gates was giving nawaz sharif 20b$ free money pet year to fill in the deficit(per patwaris)..so its not IK fault that bill gates doesnt like imran khan and he had to keep the deficit surplus

5.2% was the figure not 5.8% per SBP
patwaris will say 20b looks better

They will not switch out of growth mantra and bring in $$$ price mantra and inflation

I feel sad for these noony losers..... all they had to brag about was the fake "growth" under mian saanp. Cruel Imran Khan even took away bragging rights for that.


Zaalim IK ko Allah poochay ga..... meray noony bhaiyon ka dil tora. Somebody arrange party with daig of "special" biryani and invite nooners.

 

[313ghazi]

If PTI get a second term we need to target double digit growth.

 

[ziaulislam]

If PTI get a second term we need to target double digit growth.

wont happen, cant expect a miracle twice

this govt was a miracle without central punjab support, if any PTI support has dropped their

 

[Chakar The Great]

If PTI get a second term we need to target double digit growth.

They certainly will.

 

[Syed1.]

wont happen, cant expect a miracle twice

this govt was a miracle without central punjab support, if any PTI support has dropped their

With universal health insurance and agriculture economy rapidly taking off I expect PTI to make significant dent to PML-N votebank in central Punjab.

 

[ziaulislam]

I feel sad for these noony losers..... all they had to brag about was the fake "growth" under mian saanp. Cruel Imran Khan even took away bragging rights for that.


Zaalim IK ko Allah poochay ga..... meray noony bhaiyon ka dil tora. Somebody arrange party with daig of "special" biryani and invite nooners.

6% is achievable but key is to keep the deficit <2 and keep IMF happy
oil prices and machinery imports will take the deficit to 1-2% unless foreign remittance keep surprising all analyst like it did this year with unbelievable 20% growth setting to 30b$

also we ignore the fact that this is happening despite not getting 2b$( or almost 0.7%of gdp) foreign inflows from USA/CSF

 

[ziaulislam]

With universal health insurance and agriculture economy rapidly taking off I expect PTI to make significant dent to PML-N votebank in central Punjab.

let see..if that does happen
the key is what establishment and Lahore high court thinks ..because that will sway voters and electables

 

[ziaulislam]

We also need to further strength the reserves via more bonds
And focus more on import subsitution
Iran gas pipeline may help too with fuel imports
And stopping furnace oil use

 

[Patriot forever]

View attachment 746147View attachment 746148
We also need to further strength the reserves via more bonds
And focus more on import subsitution
Iran gas pipeline may help too with fuel imports
And stopping furnace oil use

Credit ratings are crutial, with sustained stabilisation in macro indicators and overall economic health we will be able to attract far better rates. This will enable an excellent option for us to roll over and cover interest payments at low rates. Make the debt trap more manageable.
Our objective should be to move to investment grade from speculative grade. At least a BBB-ve.

One more thing which is very crutial to highlight along with Cad surplus is meager contribution of PSDP/governemnt spending to inflate growth. It is practically almost more than a third less than in 2018. We have a handsome primary surplus of 451.8 billion in 9 months FY 21 which was unheard of previously.

 

[ziaulislam]

Credit ratings are crutial, with sustained stabilisation in macro indicators and overall economic health we will be able to attract far better rates. This will enable an excellent option for us to roll over and cover interest payments at low rates. Make the debt trap more manageable.
Our objective should be to move to investment grade from speculative grade. At least a BBB-ve.

One more thing which is very crutial to highlight along with Cad surplus is meager contribution of PSDP/governemnt spending to inflate growth. It is practically almost more than a third less than in 2018. We have a handsome primary surplus of 451.8 billion in 9 months FY 21 which was unheard of previously.

Yes thats why i think 6 would be easy with jack up spending next yr

Revenue collection and mobilizing private sector is important

 

[hydrabadi_arab]

6% is achievable but key is to keep the deficit <2 and keep IMF happy
oil prices and machinery imports will take the deficit to 1-2% unless foreign remittance keep surprising all analyst like it did this year with unbelievable 20% growth setting to 30b$

also we ignore the fact that this is happening despite not getting 2b$( or almost 0.7%of gdp) foreign inflows from USA/CSF

Remmitances will grow further. All that smuggled money sinking in blackhole and taking trade deficit to sky high is coming through official channels. Fact is purchasing power of people is more then what official accounts show thanks to illegal hundi/hawala and other means of smuggling.

Now need to increase income tax. Especially property tax. You build 3 story koti in village, be prepared to pay anual tax on it.

 

[Thorough Pro]

obviously, you are addicted to the gao mutra economics that comes out of gao gobra smeared indian economists

those numbers,are desperate
and you claim no impact on covid which we all know is,hidden reality

 

[Falcon26]

Actually, it will exceed 3%

It will be around 3.3-3.5 % for this year, funny thing is everyone (including WB, IMF) was projecting last year that it will go around 1.5% (which means that we have outdone the projections)

By next year projections are around 4.5% (it will be appreciatable if we outpace 4.5%

5.8 % growth was not sustainable or organic (while having 6% of GDP in Deficit, declining bank reserve, Very high short-term borrowings, increasing imports, downward pressure on PKR),... It is called Bubble or window dressing to show the numbers

Whenever there is a macroeconomic adjustment, growth fell to take that adjustment (it is like taking Chameo therapy for cancer),

The projection is 3.94 this year, essentially 4%. If this is the case, Pakistan should aim for a minimum 7% next year.

 

[The Maverick]

The projection is 3.94 this year, essentially 4%. If this is the case, Pakistan should aim for a minimum 7% next year.

prove those now
all I see 1.3 % and failed pak rupee 159 to 1 measly dollar