Vision 2025 sets per capita income at $4,200

[farhan_9909]

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Got a similar source but not the one i wanted to post

==================

Simple math

$6.7b IMF bailout: If needed, Pakistan may introduce mini-budget – The Express Tribune

The objective IMF mentions is keeping the budget deficit – the gap between income and expenses – equal to 4.8% of the country’s GDP or Rs1.398 trillion. This is lower by 0.1% of the GDP – or Rs32 billion – than the target approved by Parliament.

THis is the original link of the source but unlike ET,we haven't paid and a limited excess

Pakistan: Third Review Under the Extended Arrangement and Request for Waiver of Nonobservance of Performance Criterion, and Request for Modification of Performance Criteria-Staff Report; Press Release; and Statement by the Executive Director for Pakistan

Now the Simple Math

======================

*1.398trillion=4.8% of Pakistan GDP
*4.8%/100=20.8333

Now

*20.8333*1.398=29.125Trillion PKR or roughly +290Billion dollars

Samajh gye sarkar?

NOTE:ET quotes from the original IMF link though if your willing to buy pay for the report

 

[dil_dil]

You are wrong bro.. Which imf data you are talking about.. Pls give a link..
The latest economic data released by imf is " World Economic Outlook Database,April 2014"..
According to that,
Pak gdp nominal 2013= 22909.079billion pak rupees= $238.737 billion
Note that this is not an estimated figure.
Here is the link..
Report for Selected Countries and Subjects

Visit this page and check the datas.. Estimated datas starts from shaded portion that is from 2014..
Latest estimated figure for 2019= $350.99 billion

Wrong, gdp was close to Rs 26 trillion in 2013 and 29 trillion in 2014. Pakistan GDP should pass $1 trillion by 2022 in best case scenario, or by 2025 in worst case scenario.

 

[Indischer]

Wrong, gdp was close to Rs 26 trillion in 2013 and 29 trillion in 2014. Pakistan GDP should pass $1 trillion by 2022 in best case scenario, or by 2025 in worst case scenario.

GDP in dollar terms would be a more realistic assessment of growth rates. GDP expansion in Rupee terms would have been offset by devaluation of the Rupee and higher inflation.

 

[Lil Mathew]

Oh,Boy why do you want me to search for the specific thread/news?

anyway i can assure you that not only my source is latest but my claim is very much true

Here is the State Bank of Pakistan data...
Gdp (current price) in FY 2014= 25.401 trillion pak rupees= $257.04 billion
Pakistan 2014 gdp nominal=$257.04 billion
Here is the link of latest data by SBP
State Bank of Pakistan

 

[Lil Mathew]

-------------
------------------------------------


Got a similar source but not the one i wanted to post

==================

Simple math

$6.7b IMF bailout: If needed, Pakistan may introduce mini-budget – The Express Tribune



THis is the original link of the source but unlike ET,we haven't paid and a limited excess


Now the Simple Math

======================

*1.398trillion=4.8% of Pakistan GDP
*4.8%/100=20.8333

Now

*20.8333*1.398=29.125Trillion PKR or roughly +290Billion dollars

Samajh gye sarkar?

NOTE:ET quotes from the original IMF link though if your willing to buy pay for the report

It seems like you didn't gone through the IMF link I provided..
This above prediction is for FY 2015..
I am posting the link one more time.. Check carefully..
Report for Selected Countries and Subjects

GDP FY2013=22.909 trillion pak rupees
GDP FY 2014=25.704 trillion pak rupees
GDP FY 2015=29.054 trillion pak rupees

The data I provided also gives 29.054 trillion pak rupees for FY 2015...
The same data gives the estimated Gdp nominal FY 2019= $342 billion
Predicting a sharp decline in Pak rupee value against dollar..

 

[farhan_9909]

Here is the State Bank of Pakistan data...
Gdp (current price) in FY 2014= 25.401 trillion pak rupees= $257.04 billion
Pakistan 2014 gdp nominal=$257.04 billion
Here is the link of latest data by SBP
State Bank of Pakistan

I still remember in 2013 the GDP by sources was quoted as 26.3Trillion dollars.

anyway as i said the change in base year will bring a huge increase in Pakistan GDP.

Last time in 2010,the GDP got an increase from 177Billion dollars to 211Billion dollars.

Similar Bangladesh GDP got boost from 115bn$ to 155bn$.

Let say if our GDP is 300Billion dollars by 2016.It will witness a increase no less than 80-90Billion dollars or pushing it upto 380-90Billion dollars by 2016 with expected increase to touch 550Billion dollars by 2019 as oppose to 340bn dollars by IMF.

IMF prediction as i said are proven wrong on ocassion.Infact almost every year.

Beside this Indian GDP witnessed an increase of more than 15% despite growth rate of about 7-8% b/w 2002-2007.

@Lil Mathew

What if the rupee remain unchanged?as even now the rupee value against dollar is similar to may 2013.I don't like the govt but i am in favour of there development activities.As said the Economy of Pakistan has not improved yet though it is being put on the path of recovery

Report for Selected Countries and Subjects

Even if the Rupee value devalue to 102-103 by next june,the GDP considering 29Trillion dollars will be 284Billion dollars and 316Billion dollars in 2016

 

[Lil Mathew]

What if the rupee remain unchanged?as even now the rupee value against dollar is similar to may 2013.I don't like the govt but i am in favour of there development activities.As said the Economy of Pakistan has not improved yet though it is being put on the path of

Even if the Rupee value devalue to 102-103 by next june,the GDP considering 29Trillion dollars will be 284Billion dollars and 316Billion dollars in 2016

According to IMF pakistan gdp in FY2015 = 29.054 trillion pak rupees..
But in dollar terms they predicted as only $250 billion.. Why?

http://tribune.com.pk/story/740676/future-projection-imf-sees-13-depreciation-of-pakistani-rupee

 

[dil_dil]

I still remember in 2013 the GDP by sources was quoted as 26.3Trillion dollars.

anyway as i said the change in base year will bring a huge increase in Pakistan GDP.

Last time in 2010,the GDP got an increase from 177Billion dollars to 211Billion dollars.

Similar Bangladesh GDP got boost from 115bn$ to 155bn$.

Let say if our GDP is 300Billion dollars by 2016.It will witness a increase no less than 80-90Billion dollars or pushing it upto 380-90Billion dollars by 2016 with expected increase to touch 550Billion dollars by 2019 as oppose to 340bn dollars by IMF.

IMF prediction as i said are proven wrong on ocassion.Infact almost every year.

Beside this Indian GDP witnessed an increase of more than 15% despite growth rate of about 7-8% b/w 2002-2007.

@Lil Mathew

What if the rupee remain unchanged?as even now the rupee value against dollar is similar to may 2013.I don't like the govt but i am in favour of there development activities.As said the Economy of Pakistan has not improved yet though it is being put on the path of recovery

Report for Selected Countries and Subjects

Even if the Rupee value devalue to 102-103 by next june,the GDP considering 29Trillion dollars will be 284Billion dollars and 316Billion dollars in 2016

26 trillion was estimate from July 2013 till June 2014. But real growth rate was little lower then projected hence Rs 25.4 trillion is real figure for fiscal year 2013.

29 trillion is estimate from July 2014 to June 2015 if GDP growth will be 5%. Otherwise it will be lower or even more, all depends on gdp growth rate. IMF will use 29 trillion for this fiscal year 2014-15.

 

[farhan_9909]

According to IMF pakistan gdp in FY2015 = 29.054 trillion pak rupees..
But in dollar terms they predicted as only $250 billion.. Why?

http://tribune.com.pk/story/740676/future-projection-imf-sees-13-depreciation-of-pakistani-rupee

As i said i really doubt it will even cross the 103Mark till june 2015.

In the past one year when we had the SBP reserves below 3Billion dollars(now in excess of 9Billion dollars and to reach 15Billion dollars by next year) still it didnt reached 113Mark as predicted by IMF

Again the rupee is bound to remain under 100 for the next 2-3years or atleast around 100

 

[Lil Mathew]

26 trillion was estimate from July 2013 till June 2014. But real growth rate was little lower then projected hence Rs 25.4 trillion is real figure for fiscal year 2013.

July 2013- June 2014 is not fiscal year 2013 but it is fiscal year 2014(FY 2014)..

 

[dil_dil]

July 2013- June 2014 is not fiscal year 2013 but it is fiscal year 2014(FY 2014)..

25.4 trillion fiscal year 2013-14 which ended couple of months ago. 29 trillion is for 2014-15.

 

[ghoul]

A growth rate of 7% is impossible with our "naraaz bhai" destroying tourism and foreign investment.

 

[Lil Mathew]

You are ignoring the inflation factor so if it's just 12.5% per year it is achievable...

It depends on the stability of international currency or dollar.. Technically speaking any inflation in the country will be resulted a local currency devaluation against a stable dollar..
That is the significant of nominal gdp depends on the stability of dollar or adjustment of local currency against dollar..
otherwise nominal gdp has no significant as it will increase with country's inflation..
But as inflation is global phenomenon,dollar also devalued.. So there is actually no relation between real gdp growth(simply gdp growth) and nominal gdp growth..
Gdp ppp and real gdp figures are more significant now a days..