ADB revises growth rate for Pakistan to 5.2%

[RealNapster]

^i think your governments target is 5.5 % ?

5.7% .

 

[Danish saleem]

Indians listen carefully,

we are not isolated any more, china, Russia, turkey, Saudi, UAE they all are very keen in relationship with Pakistan.
your all efforts for isolating Pakistan are failed now, your assets with in Pakistan (TTP and MQM ) are no more.

 

[A-Team]

This is the problem you HAVE been utilised as a base to attack Pakistan combined with the bull shit coming from your politicians we have no reason to work with you

First of all it's not a state policy, because Afghans are not naive to be part of the bigger India-Pak rivalry. We gain nothing from being a football ground for others.
Second if there has been any attempts from Afghan soil, this should be brought to the attention of AF side and steps will be taken. Remember Afghanistan did offer Pak the venue that if it has solid proof lets take action against it and we can have China as a third party to verify the actions. The same also goes that Pakistan take similar steps and stop the Afghan Tali project.

As for politicians commenting against Pak, it is their duty to raise their voice if Pakistan is acting against Afghan interests. Suppose you are supporting Afghan Talis, it is basically your pet project, so of course the Afghan leadership will raise their voice, like any other sovereign state would. Make sure your ears are wide open about.

Indians listen carefully,

we are not isolated any more, china, Russia, turkey, Saudi, UAE they all are very keen in relationship with Pakistan.
your all efforts for isolating Pakistan are failed now, your assets with in Pakistan (TTP and MQM ) are no more.

MQM a party that has massive influence in Karachi, isn't naive of you to throw the whole party in the Indian payroll?

It is smart to make friends and not enemies

 

[Qutb-ud-din Aybak]

Do you have any information/source about the shale oil reserves?

http://www.pcq.com.pk/pakistan-has-9th-largest-reserves-of-shale-gas-oil-in-the-world/
http://www.arabnews.com/news/456080
http://nation.com.pk/national/20-No...lion-cubic-ft-shale-gas-reserves-usaid-report

First of all it's not a state policy, because Afghans are not naive to be part of the bigger India-Pak rivalry. We gain nothing from being a football ground for others.
Second if there has been any attempts from Afghan soil, this should be brought to the attention of AF side and steps will be taken. Remember Afghanistan did offer Pak the venue that if it has solid proof lets take action against it and we can have China as a third party to verify the actions. The same also goes that Pakistan take similar steps and stop the Afghan Tali project.

As for politicians commenting against Pak, it is their duty to raise their voice if Pakistan is acting against Afghan interests. Suppose you are supporting Afghan Talis, it is basically your pet project, so of course the Afghan leadership will raise their voice, like any other sovereign state would. Make sure your ears are wide open about.



MQM a party that has massive influence in Karachi, isn't naive of you to throw the whole party in the Indian payroll?

It is smart to make friends and not enemies

do you know that brahamdagh was living in your kabul presidential palace?
go and ask your government about steps did they took beside sheltering him and his terrorist militants?

 

[Khan_21]

First of all it's not a state policy, because Afghans are not naive to be part of the bigger India-Pak rivalry. We gain nothing from being a football ground for others.
Second if there has been any attempts from Afghan soil, this should be brought to the attention of AF side and steps will be taken. Remember Afghanistan did offer Pak the venue that if it has solid proof lets take action against it and we can have China as a third party to verify the actions. The same also goes that Pakistan take similar steps and stop the Afghan Tali project.

As for politicians commenting against Pak, it is their duty to raise their voice if Pakistan is acting against Afghan interests. Suppose you are supporting Afghan Talis, it is basically your pet project, so of course the Afghan leadership will raise their voice, like any other sovereign state would. Make sure your ears are wide open about.

What steps will be taken? how will us informing you help when you dont have control over those areas? In order for you to help us you first need to establish control over that territory. 90 % of helmand is under taliban rule according to tolo news . If something happens there what is ANA going to do? Nothing. First establish your authority on the land and then maybe we can communicate our grievances to you.

Soverign country? Ok . Can you go on a road trip lets say 200 km north or south of kabul without getting in trouble? .

 

[ali_raza]

First of all it's not a state policy, because Afghans are not naive to be part of the bigger India-Pak rivalry. We gain nothing from being a football ground for others.
Second if there has been any attempts from Afghan soil, this should be brought to the attention of AF side and steps will be taken. Remember Afghanistan did offer Pak the venue that if it has solid proof lets take action against it and we can have China as a third party to verify the actions. The same also goes that Pakistan take similar steps and stop the Afghan Tali project.

As for politicians commenting against Pak, it is their duty to raise their voice if Pakistan is acting against Afghan interests. Suppose you are supporting Afghan Talis, it is basically your pet project, so of course the Afghan leadership will raise their voice, like any other sovereign state would. Make sure your ears are wide open about.



MQM a party that has massive influence in Karachi, isn't naive of you to throw the whole party in the Indian payroll?

It is smart to make friends and not enemies

first of all.who is afghanistan to tell us about taliban and haqanis.which america created.u must ask them.let them talk to us not some mayor of kabul.becose u r there loyal subjects.u can tell us all u want about sovereignty but u r not sovereign.so act like one.and plz dont be angry cos its truth

 

[Cyberian]

73 billion USD foreign debt is a threat to Pak economy.

Why? India has a whopping $485 billion external debt.

 

[A-Team]

first of all.who is afghanistan to tell us about taliban and haqanis.which america created.u must ask them.let them talk to us not some mayor of kabul.becose u r there loyal subjects.u can tell us all u want about sovereignty but u r not sovereign.so act like one.and plz dont be angry cos its truth

The usual shenanigans.

 

[Gryphon]

Why? India has a whopping $485 billion external debt.

India's FDI is 25-30 times than that of Pakistan. India's GDP growth is around 7.4 %, exports are increasing, foreign exchange reserves are more than 300 billion USD, industrial output is good... and hence this debt is manageable.

Pakistan has foreign exchange reserves of 20 billion USD, FDI is roughly 1 billion USD per year, exports (and imports) are decreasing at a rate of 10-15% every year. Also, GDP growth is 5% only. Also, US aid (CSF & military) has been cut to nearly zero. So, such a large debt is a big problem.

 

[Cyberian]

India's FDI is 25-30 times than that of Pakistan. India's GDP growth is around 7.4 %, exports are increasing, foreign exchange reserves are more than 300 billion USD, industrial output is good... and hence this debt is manageable.

Pakistan has foreign exchange reserves of 20 billion USD, FDI is roughly 1 billion USD per year, exports (and imports) are decreasing at a rate of 10-15% every year. Also, GDP growth is 5% only. Also, US aid (CSF & military) has been cut to nearly zero. So, such a large debt is a big problem.

Yes but huzoor, India has 1.2 billion stomachs to feed. I mean India literally has more poor people than all of Africa put together.

You simply cannot compare (like billionaire Imran Khan) a population of 1.2 billion with 190 million people.

For your information Pakistan's accumulative external trade for the financial year 2015 was $70 billion and its increasing year-on-year.

 

[Turingsage]

All growth rates in South asia went up in the ADB revision. Pakistan only beats Maldives,Afghanistan and Nepal out of 8 south asian countries. Of course these are only ESTIMATED growth figures and mean very little

ADB revises up growth forecast for Bangladesh
The lender estimates GDP growth at 7.1pc for fiscal 2016, which is higher than govt estimate

Star Business Report

The Asian Development Bank yesterday estimated Bangladesh's economic growth at 7.1 percent for fiscal 2015-16, which is higher than the government's estimate.

Bangladesh Bureau of Statistics forecast the country's economic growth at 7.05 percent for the year, while the previous estimate of the ADB was 6.7 percent.

“Growth in fiscal 2016 exceeded expectations, aided by revived exports and sustained domestic consumption,” the ADB said in its Asian Development Outlook 2016 Update.

Consumption continued to be the mainstay of growth as higher public sector salaries offset a decline in remittances, the report said.

Despite some statistical discrepancy, net exports are likely to have contributed to growth, the Manila-based lender said.

However, for the current fiscal year the ADB forecasts the country's gross domestic product growth at 6.9 percent, similar to its previous prediction.

The government's forecast of GDP growth for the current year is 7.2 percent.

“For meeting the growth target of the seventh five-year plan, timely completion of priority infrastructure projects is essential,” the update said.

However, the GDP growth forecast is depending on some prerequisites like sustained improvement in private investment, timely implementation of key infrastructure projects, and continued political stability.

The report said agriculture growth in fiscal 2016-17 is expected to be moderate to 2.4 percent as low domestic rice prices discourage farmers' expansion of crop area.

Industrial growth is projected to edge up to 10.2 percent on sustained strong domestic demand and some improvement in power supply and easing of transport bottlenecks.

The services sector's growth is likely to be lower at 6.3 percent on more moderate expansion in agriculture, trade, transport, and public administration.

The report also said consumption growth is expected to pick up, supported by higher public and private sector salaries as well as continued ready access to consumer credit.

While remittances are unlikely to pick up in the near future, healthy export and employment growth is expected with continued demand for the low-end garments and fast fashion products exported from Bangladesh.

An upturn in private investment is expected to begin in fiscal 2017 with the predicted continuation of political stability.

A major catalyst is the completion of public sector energy and transport projects that reduce the cost of doing business.

The new Dhaka–Chittagong and Dhaka–Mymensingh four-lane highways commissioned in July 2016 will save time, cut transportation costs, and ensure more timely shipments.

Moreover, the government has fast-tracked several large infrastructure projects in the energy and transport sectors, providing impetus to business activity, the ADB said.

The development of special economic zones, including some run by the private sector, further builds momentum for private investment.

The budget of fiscal 2017 aims to raise revenue equal to 12.4 percent of GDP for financing a larger annual development programme.

Current spending will grow to 9.6 percent of GDP with an increase in public sector salaries and modestly larger subsidies directed mainly to agriculture and social welfare.

The implementation of the new VAT law, which had been scheduled for July 2016, was deferred until July 2017 to allow more time for the private sector to adapt their accounting systems and for greater outreach and education to small business. New revenue enhancing tax measures in fiscal 2017 budget included raising rates on net wealth tax, enhancing the minimum corporate tax, and broadening the base of the existing value added tax by bringing wholesale and retail traders into the tax net.

The revised forecast for export growth is 7 percent in fiscal 2017, reflecting slower growth than projected in Asian Development Outlook 2016 in the US and the euro area, the main textile markets. The import bill is revised to grow at 8 percent in fiscal 2017. The revision takes into account modest import expansion in fiscal 2016 when higher domestic production partly replaced imports.

Imports of capital machinery are expected to pick up on higher investment, while a rebound in demand for raw materials and a projected increase in oil prices were also taken into account. With the low oil price environment continuing, remittance inflows are likely to decline by 3 percent in fiscal 2017. The imposition by Kuwait, Oman, and Saudi Arabia of taxes on remittances will further discourage them. Nonetheless, the current account is expected to show a surplus of 1 percent of GDP in fiscal 2017.
http://www.thedailystar.net/business/adb-revises-growth-forecast-bangladesh-1290661



Source: https://defence.pk/threads/adb-revises-up-growth-forecast-for-bangladesh.452042/#ixzz4LYRR2Y46

 

[Gryphon]

Yes but huzoor, India has 1.2 billion stomachs to feed. I mean India literally has more poor people than all of Africa put together.

You simply cannot compare (like billionaire Imran Khan) a population of 1.2 billion with 190 million people.

For you information Pakistan's accumulative external trade for the financial year 2015 was $70 billion and its increasing year-on-year.

India's population is 6.5 times that of Pakistan and trade was 757 billion USD in 2015. That is more than 10 times of Pakistan.

In India, 800 million people are poor which is more than 60% of total population. I believe poverty is less in Pakistan (when compared with India).

But my point is in presence of such a large FDI (30 billion USD), thriving industries (local as well as foreign) and political stability, India's government will be rich enough to start reforms which can decrease poverty fast.

Pakistan lacks a strong private sector for manufacturing automobiles, tyres, electronics, construction equipment, etc. Similarly, power projects which the Chinese are constructing should have been what local construction giants should be doing right now (don't mention FWO or NESPAK).

 

[SBD-3]

I don't think there's gonna be 5% growth this time around as well. Brace for something around 4.2-4.5%

 

[Mysticbuddy]

That's a good rate of growth.

 

[I FLY HIGH]

I don't think there's gonna be 5% growth this time around as well. Brace for something around 4.2-4.5%

it would surely cross 5 %, this year cotton crop is lot better than last year , LSM is thriving with major share of steel , cement , oil and gas etc . availability of power and gas 24*7 will also play a part in improving GDP growth.