Without reforms, Pakistan’s growth rate to remain at 2.5pc till 2024: IMF

[RangeMaster]

World Bank is providing different stats

View attachment 552457

So it will improve after a few months of hardships. That's good.

 

[AZ1]

at least the PM is handsome
but hey, its not his fault
he cannot simply fix 70 years of corruption so quickly

you are wrong PM is responsible of world war I, world warII and current situation of africa.

 

[Abdussamad]

There economist in S Korea that urge not to go the WB/IMF route since their medicine hurts developing nations more than it helps.

Well the IMF is the lender of last resort. When you're going to the IMF it means you have an emergency and that means you have to take drastic steps. However Pakistan uses it like a bank ATM. We've gone to the IMF more than any other neighbouring country. We go every 5-6 years now and will keep going 2-3 more times because we actively sabotage the reforms process.

Population control is major objective of this institutions.

We could use some of this!

 

[ziaulislam]

IK's government will be finished in 2023
so we should expect nothing during that time?

Nothing some reforms will happen and growth will touch 5%..without fiscal deficit(steriod led growth)

The human miracle called as chinese miracle happened after 20 years of rentless growth ..so if reform led govt works you will see something happen only after 20 years..

Fortunately there are ways to judge this
1. Fiscal deficit
2. Current account deficit
3. Primary deficit
4. Investment and saving to GDP
5. Ease of doing business
7. Direct taxes ratio to GDP
8. Exports to GDP
9. Education primary
10. Gdp to health investment
Lastly the effect of above i.e growth and inflation (should remain between 5-7% either high or low is bad)


Acheiveing the result without the above 1-10 means is like throwing a patients with fevers in ice without giving him antibiotics exactly what PMLN did

All 1-10 markers got worse during last 10 years and all above were worse in 1998 and than got better between 2000-2007

Thanks to 18th amendment by sharif's and zardaries we cannot use our natural resources (oil,gas, coal, gold, copper etc)
And their loot maar which weeee are paying
In form of inflation and devaluation.
And still many of us are ready to vote for them
I think imran Khan is a fool he is wasting his
Life for a thankless nation he should go to England and enjoy his life with is sons and family.

Its not the 18 amendment ...18 amendment was done so both can simultaneously do loot mar rather than taking turns..but 18 amendment inherently isnt bad..its people of Pakistan
۔.
You cant save someone who doesn't want saving..

 

[Jf Thunder]

you are wrong PM is responsible of world war I, world warII and current situation of africa.

typical pointless reply

Nothing some reforms will happen and growth will touch 5%..without fiscal deficit(steriod led growth)

The human miracle called as chinese miracle happened after 20 years of rentless growth ..so if reform led govt works you will see something happen only after 20 years..

Fortunately there are ways to judge this
1. Fiscal deficit
2. Current account deficit
3. Primary deficit
4. Investment and saving to GDP
5. Ease of doing business
7. Direct taxes ratio to GDP
8. Exports to GDP
9. Education primary
10. Gdp to health investment
Lastly the effect of above i.e growth and inflation (should remain between 5-7% either high or low is bad)


Acheiveing the result without the above 1-10 means is like throwing a patients with fevers in ice without giving him antibiotics exactly what PMLN did

All 1-10 markers got worse during last 10 years and all above were worse in 1998 and than got better between 2000-2007

fair enough
I will just hope that I dont die of hunger before the situation improves

 

[Chhatrapati]

Guess you don't know how to read graphs. (THis is Manufacturing as % of GDP). The service sector expanded overshadowing manufacturing. The growth remained flat in manufacturing sector. Which is again not connected to NSSO report.
Nice try at deflection though.

 

[Imran Khan]

2.5 is not bad after all

 

[ziaulislam]

typical pointless reply


fair enough
I will just hope that I dont die of hunger before the situation improves

Being from very poor area i believe the previous govt gave my people more hunger

The price of LPG and wood has gone down as previous govt was taxing those poor people to fund the deficit to fix gas users...my people dont have electricity and gas any way

People tend to forget that 30% Pakistani dont have electricity connection while 80% dont have gas connection

2.5 is not bad after all

Sir i believe it will stay between 3.5-4.00 as govt didnt end up doing agressive measures
This is what asian bank is saying

But reality is inflated growth of 2018 is now coming back to bite us ..afterall steriods are bad

 

[AZ1]

typical pointless reply


fair enough
I will just hope that I dont die of hunger before the situation improves

lol Same as yours you have no clue what had happened to your country and just want to blame someone who is in power for few months. Stop using internet and seek ways to earn for yourself rather than blaming other and wait for miracles to happen or someone from govt provide you job. Use careem, uber to earn better if you can't have proper job due to bad situation of the country. They also hire if you only have bike and don't tell me you don't have one. Stop bee typical Naan Qeema khoor.

 

[maithil]

What does WB ad IMF knows. Eminent Economist Murad Saeed has found 60000 billion PKR in Dubai. He will bring this to Pakistan as soon as he is done bringing 200 billion dollars from Switzerland.

 

[VCheng]

What does WB ad IMF knows. Eminent Economist Murad Saeed has found 60000 billion PKR in Dubai. He will bring this to Pakistan as soon as he is done bringing 200 billion dollars from Switzerland.

With that money, Pakistan can develop Reko Dik and CPEC. Good times!

 

[FOOLS_NIGHTMARE]

Exactly ganja was handsome when he was kid and people elected him and destrythe fabric of our economy to reverse that refroms will be needed

So PTI do reforms you will see growth of 5% by 2024 if no refroms and ganja situation kept than exepect a 2.5% growth

You can easily jack up grwoth for one particular year if u take loans and spend that and create demand by doing so..so called steriod policy

How old are you?.

 

[ziaulislam]

How old are you?.

I am old my back already hurts

 

[jupiter2007]

Are you people illiterate or just stupid? Please read beyond the headlines.

The IMF said if reforms are not undertaken, growth will be low. As we know the very same REFORMS ARE BEING UNDERTAKEN. We know this because most of you like to b1tch and whine about the impact these reforms will have on your pocket.

The loan itself is not the big deal - we probably could have gotten a loan from elsewhere. What really matters is the austerity measures that will take place.

Expect much more of this in the future - no more living for free. No more subsidised fuel paid for by loans.

We need to make drastic changes to prevent corruption & money laundering.

IMHO, Crimes like money laundering and corruption should be handled by special courts. My suggestions is to use special military courts until our judicial system is fixed.
We also need better local body system to make sure funds are used correctly. District based police system so people of that district are encouraged for these kind of jobs.

 

[RoadRunner401]

The period of adjustment will not be cost-free , the economy will turn the corner later, but a painful and necessary period of adjustment has to be crossed before we get there.

We are nowhere near having turned the corner. We are only at the beginning of the adjustment, and it will take Time, patience and skill to navigate through the days to come.