Why BD Fares Better Than Pakistan: a Pak perspective

[asad71]

A Pakistani’s perspective: Why Bangladesh is doing better than Pakistan – The Express Tribune

A Pakistani’s perspective: Why Bangladesh is doing better than Pakistan
BySaquib Saeed
Published: June 2, 2014

 

[HttpError]

Bengladesh is not just doing better than Pakistan it's way ahead than USA,China and EU now you lungi wala's can have nice dreams

 

[Pandora]

A Pakistani’s perspective: Why Bangladesh is doing better than Pakistan – The Express Tribune

A Pakistani’s perspective: Why Bangladesh is doing better than Pakistan
BySaquib Saeed
Published: June 2, 2014

I have a question. Why did bangladesh buy almost $4.5 Billion dollars from local banks? Wont this step devalue bangladeshi currency and increase inflation sky high.

 

[shuntmaster]

Bangladesh exports $21Billion worth of garments, against $2.6Billion for Pakistan. That's very impressive.

 

[BDforever]

I have a question. Why did bangladesh buy almost $4.5 Billion dollars from local banks? Wont this step devalue bangladeshi currency and increase inflation sky high.

that is the plan. devalue BDT to keep export on peace keeping balance with inflation

 

[godofwar]

Bangladesh exports $2.1Billion worth of garments, against $2.6Billion for Pakistan. That's very impressive.

Its 21 billion, not 2.1 billion genius.Its mentioned repeatedly and in bold in the article.

 

[shuntmaster]

Its 21 billion, not 2.1 billion genius.Its mentioned repeatedly and in bold in the article.

Ooopsy.. my bad.. corrected it..
Its more impressive that Pakistan and Bangladesh were at the same level for garment exports in 2002 and today they are 10 times of Pakistan. Bangladesh is progressing and Pakistan is regressing..

 

[Luftwaffe]

Bangladesh exports $21Billion worth of garments, against $2.6Billion for Pakistan. That's very impressive.

Good progress in Bangladesh however you must know 35% of Industries established in BD in past 15 Years have moved from Pakistan since 1999.

One example...so If Pakistan is doing bad is because of Gov.
Textile industry: ‘Give me electricity or I will move to Bangladesh’ – The Express Tribune

 

[oFFbEAT]

BD is faring well since it's pro-India/business and against Islamic extremist elements..............but there are few who are pro-Pakistan and for extremism, they are called 'Rajakars' in BD, if they somehow come to power, that will be the beginning of their downfall again.....they'll start faring like Pakistan......

 

[asad71]

I have a question. Why did bangladesh buy almost $4.5 Billion dollars from local banks? Wont this step devalue bangladeshi currency and increase inflation sky high.

Theoretically it would. But I don't know the intricacies involved here. But a reason given out by the central bank was to keep the dollar exchange at the current level. Otherwise it was going down because in real terms our currency is getting stronger and should overtake I/Rs if let alone. This they have said is to help the exporters - which I for one do not agree.

 

[farhan_9909]

Congrats,

Thats an impressive increase from 2.1Billion dollars in 2002 to 21Billion dollars in 2013-14

 

[Contrarian]

This is good. Very happy to read this news.

India needs more and more prosperity to come to Bangladesh and massive employement in Bangladesh. A prosperous Bangladesh would be a God send to India. Lets hope Bangladesh gets $50 billion by 2020.

Now, if we can mend our factory and labour laws we can absorb some of the textile trade as well.

 

[Contrarian]

India world's second largest textiles exporter: UN Comtrade ​

NEW DELHI: India has improved its ranking to emerge as the second largest textile exporter in the world beating competitors like Italy, Germany and Bangladesh in calender year 2013, with China retaining the top position, according to data released by UN Comtrade.

Currently, India exports textiles worth $ 40.2 billion, while the total global textiles exports stand at $ 772 billion, with India commanding 5.2 per cent of the share.

The rise in textiles exports from India is largely attributed to the growth in the apparel and clothing sector as these account for almost 43 per cent of the share.

"Despite having slow recovery in our biggest traditional markets -- the US and EU, prevailing global slowdown and the sustained cost of inflationary inputs, we made the best possible efforts to reach here".

"Government's policy of diversification of market and product base helped us and we ventured into the newer ..

Read more at:
India world's second largest textiles exporter: UN Comtrade - The Economic Times

 

[UKBengali]

This is good. Very happy to read this news.

India needs more and more prosperity to come to Bangladesh and massive employement in Bangladesh. A prosperouquesdesh would be a God send to India. Lets hope Bangladesh gets $50 billion by 2020.

Now, if we can mend our factory and labour laws we can absorb some of the textile trade as well.

Why would it be in India's interest for BD to succeed?

If both unitary Sri Lanka and BD do much better than India then the whole question of keeping an economically failed multi-ethnic India comes into question.

 

[Manmohan]

Bengladesh is not just doing better than Pakistan it's way ahead than USA,China and EU now you lungi wala's can have nice dreams

Lungi rage incoming !