SURPRISE : Pakistan's Per capita income reaches Rs 246,OOO or $1,543.

[ZAMURD]

https://twitter.com/x/status/1395720766239518724

https://twitter.com/x/status/1395725588783112194

https://twitter.com/x/status/1395727292471644163

 

[hydrabadi_arab]

Should cross $1750 next year with GDP growth of 6+%.

 

[waqasmwi]

Window dressing

 

[The Accountant]

Except inflation and lower than desired export growth, everything else is doing good

Window dressing

How can u say that ? Any basis of your claim ?

Window dressing

How can u say that ? Any basis of your claim ?

Window dressing

How can u say that ? Any basis of your claim ?

 

[Syed1.]

Should cross $1750 next year with GDP growth of 6+%.

Inshallah if dollar remains stable. One factor that isn't talked about much is that this year Pakistan will earn $2b from IT exports which are rising by 40-50% every year. This has helped quite a bit in keeping the dollar stable (obviously remittances and textile exports were major players). I hope by 2023, IT exports hit $5b.

 

[Norwegian]

Except inflation and lower than desired export growth, everything else is doing good

How can u say that ? Any basis of your claim ?

How can u say that ? Any basis of your claim ?

How can u say that ? Any basis of your claim ?

Patwarism is his basis

 

[ghazi52]

Great. Slowly Pakistan will be in good shape.

 

[imrankhan7250]

One plausible explanation of rise in per capita income may be appreciation of Pak Rupee.
I can name it the Sulver bullet to kill several economic problems. Appreciation of rupee my offer following benefits.
1. Lower repayment expenses in budget hence lower budget deficit
2. Lower Electricity, gas and oil prices (Both local and imported as prices are fixed in dollars) resulting in lower circular debt and inflation
3. Higher macro economic indicators reflecting stability
4. lower cost of imported raw materials resulting in better competitiveness of exporting sector as most of the imports are raw materials
5. lower inflation specially in food basket.
hence may relect in lower SPI, WPI Etc.
6.

 

[Surya 1]

This mean that GDP of Pskistan dhould be around 340 Bn USD assuming Pakistan's population 22 crore.

 

[RIP Pak LAW]

And that too in the era of corona virus.... This is remarkable recovery. With this data, all we need is political stability and we can get very good gdp numbers in next fiscal year

 

[RIP Pak LAW]

Establishment should now fully back pti govt. At macro level, things are improving quickly... Focus will be at micro level provided pdm, Tareen grp remains in check

 

[N.Siddiqui]

GDP growth in FY21 is estimated at 3.94% as previous year GDP is revised to -0.47% (from -0.38%). in FY21 Agri 2.77%, Industrial 3.57% Services 4.43% GDP market price at Rs47.7 trillion, up by 14.8%. Per capita income at Rs246k ($1,543) #growthupdate

So Pakistan GDP in nominal dollar term is around 311 billion USD as of today.

Wondering the appreciation of Rupee has been taken into account.

 

[crankthatskunk]

Window dressing

How!!

Well, the Rupees value of 246000 / 108 ( Dollar rate at the time IK took over) it is £2278 Per Capita.
Those Indians and BD which are showing excessive nastiness should know, once the underlying problems created by the corrupts are sorted out. Rupees would firm back close to Rs 120/130 to $1, Pakistani GDP would be at par with Indians and BD.

 

[313ghazi]

There is a lot of work being done unnoticed and under appreciated. For example Pakistan is set to start exporting garlic within 2-3 years, currently we import most of it.

In 2018 a new high yield garlic was created by Pakistani scientists.

High-yield garlic variety introduced

ISLAMABAD: Pakistani scientists have made a breakthrough by developing the highest-yield garlic variety which is...

www.dawn.com

.

In 2020/2021 we're growing it in large numbers.

Now obviously garlic is no silver bullet (pardon the Pun), but its one example of the kind of work being done to turn the economy around.

Wealth in the hands of small and medium businesses long term is better for us than any other indicator of progress.

 

[Chagai-I]

Pakistan is on right track. For the first time I am hopeful for our future and it shows how we just need right leadership to ascend. We are going to be great nation. Insh'Allah