Total loss : 5.68 Billion US$ - Is this true?

[Skull and Bones]

Pakistan’s GDP per capita has came down from $1641 in 2022 to $1399 in 2023, for a population of 231 million, that’s like a drop of $56 billion in GDP.

That’s how much you lost.

 

[RescueRanger]

Pakistan will need two tranches' of bail-out to survive the end of the year. But unfortunately, people fail to ask what they will do to improve the situation, and there are no plans. There are no plans because you have no money; you will never have cash. Pakistan is a country that has squandered any advantage it's had in 75 years. It's nothing but a rag doll.

The current political drama played out as a death knell for the country, a self-inflicted blow that no external enemy was needed. Your enemies at this point are probably thinking, why have we even spent all this money?

The Overseas Pakistanis were keeping the country afloat for what it was worth, and with recent political victimization playing out, they will start pulling funds out of the country. You look at the recent flooding for a clue, no one donated, and they had to use Imran Khan on the telecast to collect donations, and even he struggled. He struggled because, as I've said before, the trust factor between the state and its people is gone. I'm sure @RescueRanger can confirm this.

Why is this worse? As discussed in another thread, the Young Generation is alienated. Any connection they've had back home will soon die and be cut off. For example, my father sends money back home, and I make investments, but none of my other brothers and their extended families do anything or send anything back home. Soon, I will stop as well, and I'm sure my children will not invest in Pakistan or have any connections back home either.

Soon, you will have an exodus of educated people leaving the country for greener pastures because an educated individual can't survive in the Pakistani environment as his newfound thinking and ideas do not connect.

Lastly, you saw the Zebra Army (JUI-F) of Fazul Rahman storm the Supreme Court and capital, just read the headlines in the Western world, "Islamist Extremists take over the capital"; for the sensible person, this is enough clue not to invest in this country because, within a few days, you turned this into Somalia.

Whoever thought utilizing JUI-F would be intelligent needs a complete mental evaluation.

Investors require law and order, but, most importantly, stability, and that's nowhere to be found now.

Spot on. Great analysis, regarding the present situation, why do you think the IMF said "tata see you later bye" to the PDM delegation .

 

[Jango]

Actual loss would be more once you take into account the industries that have shut down. Auto, mobile, textile, plastic, cement, fert, and more.

 

[HerbertPervert]

Actual loss would be more once you take into account the industries that have shut down. Auto, mobile, textile, plastic, cement, fert, and more.

The exports have gone down and will drop even further as the factories shut down one by one. The painstaking work PTI did to bring historic high exports over three years was reversed quickly.

PMLN and Dar have always de-industrialized the country in their terms as overvalued currency made exports less competitive. They are supported heavily by traders as they make the imports cheaper and help them avoid taxes.

Pakistan will need two tranches' of bail-out to survive the end of the year. But unfortunately, people fail to ask what they will do to improve the situation, and there are no plans. There are no plans because you have no money; you will never have cash. Pakistan is a country that has squandered any advantage it's had in 75 years. It's nothing but a rag doll.

The current political drama played out as a death knell for the country, a self-inflicted blow that no external enemy was needed. Your enemies at this point are probably thinking, why have we even spent all this money?

The Overseas Pakistanis were keeping the country afloat for what it was worth, and with recent political victimization playing out, they will start pulling funds out of the country. You look at the recent flooding for a clue, no one donated, and they had to use Imran Khan on the telecast to collect donations, and even he struggled. He struggled because, as I've said before, the trust factor between the state and its people is gone. I'm sure @RescueRanger can confirm this.

Why is this worse? As discussed in another thread, the Young Generation is alienated. Any connection they've had back home will soon die and be cut off. For example, my father sends money back home, and I make investments, but none of my other brothers and their extended families do anything or send anything back home. Soon, I will stop as well, and I'm sure my children will not invest in Pakistan or have any connections back home either.

Soon, you will have an exodus of educated people leaving the country for greener pastures because an educated individual can't survive in the Pakistani environment as his newfound thinking and ideas do not connect.

I actually predict & believe Imran Khan will be back. USSR couldn't defeat public sentiments & bankruptcy and neither can the establishment. My fear is that the economy will (it is already) in an irreparable state by the time PTI takes over.

How do they increase exports when even less factories will remain by then? How do they spend on public infrastructure, education, health with twice as much loans they previously dealt with? PTI's plan to call upon expats barely got a few billion at most in their last term. Now how will they convince expats to reinvest?

 

[Dalit]

Luckily we have a genius called Ishaq Dar. Relax and sip some tea.

 

[Gripen9]

We did get $2 billion from Qatar and now were selling weapons to Ukraine

all unaccounted for...
Did not end up in national exchequer

 

[nahtanbob]

The Overseas Pakistanis were keeping the country afloat for what it was worth

Why has this changed ? Relatives and families still need to be supported

PMLN and Dar have always de-industrialized the country in their terms as overvalued currency made exports less competitive. They are supported heavily by traders as they make the imports cheaper and help them avoid taxes.

This time around hasn't the currency plummeted to 300 rupees for a USD. Has this made the country more competitive ?

 

[PakFactor]

Why has this changed ? Relatives and families still need to be supported

1) Overseas Pakistanis realize they were supporting useless relatives back home, and for the last 35+ years, no improvements have been made. In accounting terms, it was a sunk cost, money they've spent and not expected to recover from a wrong business decision. They realize they could have done more with overseas funds to generate wealth.

2) Newer generations will feel disconnected and have no incentives to send money back home; if they do, it'll only be to live hand-to-mouth the bare minimum.

3) I will give you an example: You ask one time, I will give, ask a second time, I will provide, and after a certain point, I will get sick and tired of you asking while you've not done anything to help your condition. This also goes back to point No 1. At this point, I will completely stop.

 

[CallSignMaverick]

Pakistan’s GDP per capita has came down from $1641 in 2022 to $1399 in 2023, for a population of 231 million, that’s like a drop of $56 billion in GDP.

That’s how much you lost.

Their population is 241 million

Pakistan's population reaches 241 million: PBS

ISLAMABAD: The Pakistan Bureau of Statistics (PBS) report stated that the Population of Pakistan has reached 241 million, ARY News reported on Saturday.

arynews.tv

And World Bank predicts just 18% growth in GDP per capita in next 25 years, thats less than 1% a year growth but not surprising.

Health, education emergency feared | The Express Tribune

Country’s indicators fall below levels seen by world’s poorest nations

tribune.com.pk

 

[Sabrejet]

This time around, industries can't actually build anything to export, because they don't have the imported raw material to do so.

 

[Skull and Bones]

Their population is 241 million

Pakistan's population reaches 241 million: PBS

ISLAMABAD: The Pakistan Bureau of Statistics (PBS) report stated that the Population of Pakistan has reached 241 million, ARY News reported on Saturday.

arynews.tv

And World Bank predicts just 18% growth in GDP per capita in next 25 years, thats less than 1% a year growth but not surprising.

Health, education emergency feared | The Express Tribune

Country’s indicators fall below levels seen by world’s poorest nations

tribune.com.pk

Even Sub Saharan countries will higher GDP per capita by then.

 

[Hero786]

We did get $2 billion from Qatar and now were selling weapons to Ukraine

Ukraine was not a country who supported you in military wise?
Was/Is Russia not supporting India, a rival country?

 

[Enigma SIG]

IT companies such as myself are moving out funds as UA campaigns make no sense being run from this shithole. Goodbye invester money. Google account managers now offering opening up a company in Singapore to bypass Pakistan altogether.

 

[CallSignMaverick]

Even Sub Saharan countries will higher GDP per capita by then.

Jammu and Kashmir will be a bigger GDP than Pak by then, truly hilarious.

 

[Skull and Bones]

Jammu and Kashmir will be a bigger GDP than Pak by then, truly hilarious.

Cosmic justice.