Why the Pak economy is sinking

[xenia]

^^^ Yes nd usually it is the previous year which is taken as the base for this year.

these are two different ways...fixed n chain base

 

[Neither Right Nor Wrong]

Fixed or chain base an economy does not double itself over a period of 5yrs when
average growth is 6 %.

 

[xenia]

wait a min..let me check the data!

 

[xenia]

Year -- Gross Domestic Product
2000 -- 3,826,111
2005 -- 6,581,103

ref:
Economy of Pakistan - Wikipedia, the free encyclopedia

right now thats what i got..can post more tomorrow if u want..

 

[Neither Right Nor Wrong]

I think these figures are not inflation adjusted....sure we can discuss it 2morow

 

[xenia]

ok...

 

[Hyde]

ok...

I haven't read you two's previous posts but i know Neither Right Nor Wrong is gonnai be right............

I read 1-2 of his posts couple of days ago and i guess he knows what he is talking about when it comes to economics

and its a simple math - your economy does not get doubled after 5 years if the growth rate is merely 6%

 

[Waffen SS]

The law and order situation due to the WOT does not need any elaboration.

Other than that:
1. Utility prices and supply
2. Tight monetary policy by SBP (to curb inflation)
3. Extraordinarily high Banking Spread (Average 7.30&#37
4. Crowding out of private sector by Government Borrowing for fiscal support
5. Small capital market prone to speculative attacks by large investors
6. Small and illiquid corporate bond market
7. Very narrow tax base + leakages
8. Investor priority for shorter time horizon due to instability

 

[TechLahore]

The entire premise of this thread is nonsensical. Pakistan's economy is growing. Granted, slower than in the go-go Musharraf days, but the pace is being picked up significantly and in a year or so there is a high likelihood that things will be back on a pretty healthy track.

 

[Gin ka Pakistan]

Privatize PIA , Railway and Steel Mill its a saving of 5 billion dollars every year.

 

[PakSher]

Admins please close his thread. This thread is misleading.