Viper0011.
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ORANGZEIB. talking about being REALITY CHECK
YOU CLAIMED EARLIER
Do you know wat this means ..... IT MEANS YOU THINK BY SOME MIRACLE PAK GDP will grow by 50% per year
for THE RECORD it growng at 3%
Before you tell people to realistic YOU TOO need to calm down WITH some fantasy STUFF
In Musharraff's time, when Pakistan was taking a hit of billions internally.....the economy was doing 8-9% growth while the country was in the state of war and with tensions on both borders at times. It dropped to 3% later due to electric related issue and the lack of power, gas, etc.
But now the democratic government is in place. They have the relations to bring about 100 billion USD investment within the next 24 months. Plus the American economic houses have been wanting to target Pakistan since 1998 for investments. Security, political stability, less religious intolerance, less of taliban's crap and more education, these economic houses will pour additional few hundred billions. Knowing the need for infrastructure, the economy can EASILY go 8-11% growth with some decent effort. Now if they get to this in the third year of their 5 year term, in the last three years, the economy can grow from 24 - 33% in my opinion.......if they have 100 billion in Forex....spending 5 billion to jet about 50-100 advance jets isn't that big of a deal. You can't compare it to India and China as their economies have grown to a point and they had local economies from before so the pace is somewhat slow. BUT, in Pakistan's case, its economy is really about to be settled at the base level for the first time. The economy you know, had always been depressed and suppressed with issues. So yes, I am very calm and I know what$ 100 billion investment will do to Pakistan, as long as they keep fundamentalism out of their society, create peace with everyone and get more education going and democracy. Less religious tolerance...these are pre-reqs for intense growth in Pakistan. In fact, India will pump in $ 15-20 billion into Pakistan's economy. Your businessmen are itching for it