Economy to grow by 4.3 percent in fiscal year 2010

[xMustiiej70]

self delete

 

[farhan_9909]

7% didn't start from 2009. That average estimate is from 2010 to 2015. If you want to take into account 2009 also then the average rate would come out to be 6.4% since GDP growth rate in 2009 was just 2%.

171 by 2009 you said
and i started frm 2010..
and now dnt say it was 2% in 2009 ebcause in 2007-08 growth rate was above 5%..

 

[jagjitnatt]

171 by 2009 you said
and i started frm 2010..
and now dnt say it was 2% in 2009 ebcause in 2007-08 growth rate was above 5%..

I am not saying it. Check your own press.

Pakistan’s economic crisis eased a little in 2009 as the Government’s stabilization programme took effect, says the Asian Development Bank (ADB) in a major new report.The Asian Development Outlook 2009 Update (ADO Update), released on the other day, forecast growth of 2% in Pakistan in 2009.

Pakistan economy on positive growth for last one year
http://www.netpakistani.com/pakistan/pakistan-economy-2009/
http://www.opfblog.com/8179/pakistan’s-gdp-growth-recorded-at-just-2-percent-in-fy09/

 

[WAQAS119]

guys i heard a economist few days ago.. and he was saying that global recession is not ended yet and economies will burst again in few months and this all because they injected money into it which is only a temporary dose for an economy...
On the other hand Pakistan has let its industry and economy to face the brunt in last few years thus now it is in a real strong situation than other countries and thus expected to perform well (InshaAllah) than many other countries.

 

[farhan_9909]

I am not saying it. Check your own press.



Pakistan economy on positive growth for last one year
Net Pakistani Pakistan : - Pakistan Economy 2009
Pakistan?s GDP growth recorded at just 2 percent in FY09 | Overseas Pakistani Friends

i agree it was something like 2.7% growth rate by 2009..bt only for one year..becasue few years back in 2007-08 it was above 5%
in 2006 above 6%
in 2004-05 it was bettween 7%-8.5%

 

[jagjitnatt]

guys i heard a economist few days ago.. and he was saying that global recession is not ended yet and economies will burst again in few months and this all because they injected money into it which is only a temporary dose for an economy...
On the other hand Pakistan has let its industry and economy to face the brunt in last few years thus now it is in a real strong situation than other countries and thus expected to perform well (InshaAllah) than many other countries.

Correct. Pakistan being a developing economy is going to fare much better than the developed countries, just like India and China.

It is already recovering rapidly which is proven by the article in the thread.

About the world economy in recession, I don't think the recession will continue. The recession will be over this year, but the volatility of world markets would continue, since the recent boom in the market was due to foreign investments. The volatility is here to stay for another 2 years.

 

[jagjitnatt]

i agree it was something like 2.7% growth rate by 2009..bt only for one year..becasue few years back in 2007-08 it was above 5%
in 2006 above 6%
in 2004-05 it was bettween 7%-8.5%

Yes yaar, but then you have to take an average of 2004 to 2015, and not 2010 to 2015.

If you're taking just 2010 to 2015 or 2009 to 2015 then the numbers from 2004 don't matter. Isn't it simple?

 

[farhan_9909]

simple

ok ok leave it

so if we hav 250Mn by 2015 it will be gr8

ourpoplation growth rate is i think 1.71%..

ok atleast our per capita wil nt get into minus

and i heard that before 2006 pak per capita was very high compare to india
and in 1990 it was double to india

heard it on tv

 

[Hyde]

hello sir..i was nt ieven agree with you..
becasue i think it is 185Bn now..
and by the wya next month is budget

Economy of Pakistan - Wikipedia, the free encyclopedia

I think you never checked out the source for the $185 billion number. Its a blog.

Here is the real data.
Google - public data

$165 billion for 2008
$171 billion for 2009

Farhan Jagjitnatt is right in my opinion.

Our Economy was 165 billion dollars in 2008 and not 171 but 161 Billion dollars in 2009. There was a growth rate of around 2% but due to devaluation in Rupee (dropped almost 20 rupees) it was in negative when you see the growth in dollars.

For 2010/11 it was expected to rise about 171 billion dollars due to stabalization in currency and the growth rate of 3.3%~ and now we are awaiting for the next budget to see the latest figures. If this news is true it will Insha'Allah surpass 171 billion mark also.

And i would be more than happy if our economy surpasses 200-210 billion dollars by 2015 - anything above that is a bonus in my eyes (keeping WoT in mind).

 

[farhan_9909]

he may be rght sir

bt if we get 4.3% growth rate by 2010 so it will surpass 170bn
and by 2011 if we hav 5-6% then 183
7%(average by 2012) so it means 196 by 2012
212bn by 2013(7% growth rate)
228 by 2014
244bn by 2015..

how was that
it was frm 161 to 171 for 2010

 

[A.R.]

List of countries by future GDP (nominal) estimates - Wikipedia, the free encyclopedia

This page contains the future predictions for every country.

Pakistan can reach $250 billion GDP in 2015 from its current $177 billion

i dont know why european union is included in the list while all the european countries are also included....
either those countries must be excluded or european union must be excluded....
it affects the genuine rank of other countries

 

[A.R.]

simple

ok ok leave it

so if we hav 250Mn by 2015 it will be gr8

ourpoplation growth rate is i think 1.71%..

ok atleast our per capita wil nt get into minus

and i heard that before 2006 pak per capita was very high compare to india
and in 1990 it was double to india

heard it on tv

drag not india here... if we show you our economic power then you will say we are derailing the thread....

 

[farhan_9909]

i hav proof for this

bt before 2004 or 2006 i am nt sure
i hav to find that video on youtube
and right now only few doller your percapita is higher
which we can catchup in fw years

f our economy grow to 250bn by 2015 then i am sure our per capit awill be higher then yours

 

[jagjitnatt]

i hav proof for this

bt before 2004 or 2006 i am nt sure
i hav to find that video on youtube
and right now only few doller your percapita is higher
which we can catchup in fw years

f our economy grow to 250bn by 2015 then i am sure our per capit awill be higher then yours

Dont drag India here. If Pak's GDP becomes $250 billion, India's would also increase to $2 trillion.
http://www.google.com/publicdata?ds...india#met=ny_gdp_pcap_cd&idim=country:IND:PAK

GDP per capita has always been similar in India and Pakistan.

 

[farhan_9909]

Dont drag India here. If Pak's GDP becomes $250 billion, India's would also increase to $2 trillion.

ok..bt only to mention that your population world be increased also..