Pakistan's Imran Khan - The unstoppable winner?

[ThinkLogically]

This is probably the first time in history that a PM who has taken GDP growth rate from >5% to under 3% is revered as saviour.

There is no need to give cherry picks to show him in good stead. GDP growth is a measure of everything done by a PM.

But alas this is PDF where PDFians believe that they have won all the battles when the war is lost.

 

[ARMalik]

This is probably the first time in history that a PM who has taken GDP growth rate from >5% to under 3% is revered as saviour.

There is no need to give cherry picks to show him in good stead. GDP growth is a measure of everything done by a PM.

But alas this is PDF where PDFians believe that they have won all the battles when the war is lost.

If you knew the ABC of economics, you would not have posted such a retarded post.

 

[Cent4]

This is probably the first time in history that a PM who has taken GDP growth rate from >5% to under 3% is revered as saviour.

There is no need to give cherry picks to show him in good stead. GDP growth is a measure of everything done by a PM.

But alas this is PDF where PDFians believe that they have won all the battles when the war is lost.

Dont think that you are "thinking logically" here.

GDP growth is NOT a measure of everything done by a PM.

 

[N.Siddiqui]

This is probably the first time in history that a PM who has taken GDP growth rate from >5% to under 3% is revered as saviour.

There is no need to give cherry picks to show him in good stead. GDP growth is a measure of everything done by a PM.

Lower imports to cut the CAD and with it lowering of annual development budget(lack of funds and resources) lowers the GDP, a controlled lowering of GDP.

An out of control current account deficit(CAD) which is now being controlled, getting more taxes, 5500 billion target next year and thus a lower ratio of govt. revenues used as debt return is more important.

In India the higher GDP growth is mostly because of the GOI spending on mega project like Metro's, roads and others it is not due to manufacturing( thus lower job openings). If Pak govt. starts Mega projects GDP growth rate will increase but that would be superficial...much better to lower CAD, increase revenues, austerity and make the institutions free of nepotism and corruption.

 

[ThinkLogically]

Lower imports to cut the CAD and with it lowering of annual development budget(lack of funds and resources) lowers the GDP, a controlled lowering of GDP.

An out of control current account deficit(CAD) which is now being controlled, getting more taxes, 5500 billion target next year and thus a lower ratio of govt. revenues used as debt return is more important.

In India the higher GDP growth is mostly because of the GOI spending on mega project like Metro's, roads and others it is not due to manufacturing( thus lower job openings). If Pak govt. starts Mega projects GDP growth rate will increase but that would be superficial...much better to lower CAD, increase revenues, austerity and make the institutions free of nepotism and corruption.

The PDF logic strikes back. Whatever good done becomes nullified if the GDP contracts by 10% every year.

What I meant is that GDP growth rate is most important over anything else. I would give benefit of doubt on other factors if GDP grows beyond 5%.

 

[N.Siddiqui]

GDP growth rate is most important over anything else.

Actually NO!!...

A much higher percentage of funds and resources spend on improving HDI will not increase the GDP growth for a long time...maybe 8-10 years, but it will be more feasible and long lasting benefits later on.

PM IK has said time and again that the GOP will invest on human development and not on mega, fancy projects unlike done earlier by Nawaz and Zardari to get commissions and kickbacks.

Even taking billions of USD loans and starting big projects increases the GDP exponentially, but it will be a bubble.

 

[PradoTLC]

To early to say about economy.

Domestic affairs are not being handeled properly. More severe action needs to be taken on coruption.

keep in mind he has to face a hostile and dubious buearcracy hand picked by noon league. They are throwing every dirty trick in the book

Actually NO!!...

A much higher percentage of funds and resources spend on improving HDI will not increase the GDP growth for a long time...maybe 8-10 years, but it will be more feasible and long lasting benefits later on.

PM IK has said time and again that the GOP will invest on human development and not on mega, fancy projects unlike done earlier by Nawaz and Zardari to get commissions and kickbacks.

Even taking billions of USD loans and starting big projects increases the GDP exponentially, but it will be a bubble.

correct, the prior government was just playing around numbers, no real sustainable program.

what IK is doing is all a long term game, no gimmicks

This is probably the first time in history that a PM who has taken GDP growth rate from >5% to under 3% is revered as saviour.

There is no need to give cherry picks to show him in good stead. GDP growth is a measure of everything done by a PM.

But alas this is PDF where PDFians believe that they have won all the battles when the war is lost.

@madrasi

do some quality research before pretending you know what you are talking about.

for your education

In a nutshell the 5% growth was a farce.

Loans purchased at high interest rate was used keep rupee artificially high and result was

> trading growth increase of imported goods so on paper it looked as if Pakistan was growing but it wasnt
> De industrialization of local industry due to cheaper imports
> depletion of FX reserves
> High debt with interest payment in FX

thus the "growth" was in books not in real terms.

there is much more but i doubt you will be able grasp.

If you knew the ABC of economics, you would not have posted such a retarded post.

he is from south india....

 

[Reichsmarschall]

calm down we are not there yet

 

[Cent4]

The PDF logic strikes back. Whatever good done becomes nullified if the GDP contracts by 10% every year.

What I meant is that GDP growth rate is most important over anything else. I would give benefit of doubt on other factors if GDP grows beyond 5%.

GDP is not contracting. It is still growing, but this time the growth will be real. If and when GDP contract then you can complain.

 

[PradoTLC]

calm down we are not there yet

this is just a interim performance appraisal.