What's new

PM Nawaz Sharif turns around Pakistani Economy

@Dr. Stranglove

You really should read this since you seem to be so misinformed and saying Pakistan does not have any money for recent defense deals.

With new economic growth and new tax policies. It should not come as a surprise that Pakistan could reach a GDP nominal of $500+ billion and per capita income is more than doubled if PM Nawaz Shari is re-elected and serves a total of 10 years. PML-N has brought much needed economic recovery and stability in Pakistan.

Also, KSE is one of the best performing stock markets in the world right now. Inflation CPI is also down to 2.5%, that is the lowest in 13 years.
Pakistan dumped money for 5 years MoDPD hasn't sign any deal after 2008 to 2013 because PPP demanded kickbacks, this all money was dumped and is being used today,Fall in oil prices is main cause behind economic stability along with KSA petro dollars for which we have to gave our precious blood to protect Monarch at all cost.At lower level everything is same as it was from corruption to all shit.
 
.
You expect him to fix 70 years of shiit that your generals put your system through, along with a few unsuccessful civilian terms???? You should try to find a Jeannie in the bottle for that, open up the bottle and tell her to go fix the entire economy.
Before discrediting someone's hard work, let's see some facts, which I know by sitting in the US, and you guys ignore due to your political affiliation, even sitting INSIDE the country!

1) Tax reforms: These are step by step procedures. The tax net is growing since these guys came in and the growth is significant. They are launching key changes soon so the tax net should further increase by many billions.

BUT, to take the tax net to where a modern country should be, you have to have people earning like a modern country too. Average Pakistani salary is $ 3100.00 (I think this was for 2013 or 2014 per the CIA's fact book). So how much tax do you expect from so little per year income?

So to fix that, you need investments and projects, which, upon completion will generate tremendous amounts of income and thousands of higher paying jobs. This is why these guys focused on getting investments and have started seriously large projects.

2) Never in the history of Pakistan has anyone investment $ 10 billion at a time. You have confirmed investments for over $ 100 billion. That's A lot of money and can help Pakistan create millions of jobs and billions in additional revenue and taxes.

3) Based on Pakistan's history till 2012, Pakistan would barely qualify for extremely high risk loans, no one would loan a dime to Pakistan due to Corrupt-Dari's government. The savings account had a few hundred million at times and the world was waiting on a default. Today, you're credit rating is just as good as any other developing country (may be slightly behind), and Pakistan has about $ 16 Billion in her checking account, which has never happened in the history before.

4) Billions have been poured into supporting the military's operations, advancing security apparatus across the country, buying new, advance weapons and all. Ordering 8 new submarines, buying more AWACS, building JFT, JV'ing Z series heli's, looking into more advanced jets ALL at once......when in the ENTIRE history of Pakistan, has ANY government been able to do so many defense procurements in ONE term. 8 New Submarines ......ALONE is a huge deal, add Frigate JV's, Jet JV's Heli JV's, etc,etc. Where do you think the money is coming from? Its coming from the revenue that the Federal gov't has generated.

This isn't the right time to put that money into defense, but due to improve the law and order situation, ops in FATA, and to give parity with India, it was needed.
I can go on and write a LOT more about it. But your current government is working for Pakistan. They don't have American or British loyalties like IK or Mullah or Zardari do. Their generations lived and are living in Pakistan. So see the amount of work they are doing for the place they call their country. Not sure why the criticism or meaningless identification of wrong doing, 0 appreciation of so much hard work!!!


Delusion is in full throttle now a days


On topic :Congratulations :tup:
 
. .
KSE stocks soared after Pakistani parliament declared neutrality in Yemen conflict. Another good move by Pakistani government.
 
.
Lots to do Lots to do.

Lets work and hope for a trillion dollar economy by 2030.
 
.
‘Pakistan’s Economy Is In Danger Due To Increased Defense Expenditure’ | Pakistan Tribe

unless you clear your circular debt mess which is increasing every minute.....your economy is going nowhere....Pakistan GDP is growing only because Pakistan govt add the loan money to GDP.

Please correct me if I am wrong

Pakistan is already paying its debt down and managing the economy better. No wonder both IMF and Moody have raised Pakistan's prospects as "positive" and gave credit to the new government. Government revenues have surged and so is GDP.
 
.
@HRK farhan_9909

Average growth rate of 6% and GDP will increase to $627.4656 billion by 2030. :cray:

Did not change the base year.
 
.
Pakistan dumped money for 5 years MoDPD hasn't sign any deal after 2008 to 2013 because PPP demanded kickbacks, this all money was dumped and is being used today,Fall in oil prices is main cause behind economic stability along with KSA petro dollars for which we have to gave our precious blood to protect Monarch at all cost.At lower level everything is same as it was from corruption to all shit.
Precious blood actually spilt for monarch? When did this happen. Saudi and Arab black gold has been funding our defence aspirations. Had these petro dollars not flown in from KSA,Libiya etc, we would have still been banging our head. And please also check that who is funding the polio vaccines used in "Sehat ka Insaaf" and polio drives after WHO withdrew citing funding constraints.
 
.

Pakistan Affairs Latest Posts

Country Latest Posts

Back
Top Bottom