Out of total revenue last fiscal year, Pakistan spent Rs85 out of 100 in debt servicing

[S.Y.A]

PTI added @ 22% per year while PMLN added @ 17% per year.

why exactly PMLN added anything at all since everything was so awesome in their time? by how much did they manage to increase tax collection, rupees or $? by how much did they manage to increase exports (plz provide a comparison of imports growth/reduction during that time as well)? also, what were the issues facing pakistan's economy at the end of pmln's era, what caused them and what should be done to rectify those issues?

 

[muhammadhafeezmalik]

why exactly PMLN added anything at all since everything was so awesome in their time? by how much did they manage to increase tax collection, rupees or $? by how much did they manage to increase exports (plz provide a comparison of imports growth/reduction during that time as well)? also, what were the issues facing pakistan's economy at the end of pmln's era, what caused them and what should be done to rectify those issues?

They have fight two major wars and end load-shedding. They doubled the tax collection and debt payment to tax collection was around 48% of tax collection. There were no major issues with the economy. It was just propaganda and political unrest which undone the achievements of Pakistan during PMLN era.

 

[Zibago]

There were no major issues with the economy.

So that is why we almost bankrupted even before the 2018 elections

Economic crisis worsens in interim govt

ISLAMABAD - Pakistan's economic situation has further deteriorated during short tenure of the incumbent caretaker government that neither has intervened in the

nation.com.pk

It was just propaganda and political unrest which undone the achievements of Pakistan during PMLN era.

Ah yes achievements like record low exports and an economy dependent on debt fueled consumption

Post-mortem: Pakistan’s alarming export decline in PML-N govt

www.samaa.tv

 

[Arulmozhi Varman]

...because of the freebies



I agree that TN is better than most other states. But I do not agree that this is reason to believe 10% growth is easy for ANY state under the current economic circumstances. I do believe that TNs fiscal indicators are not enviable. This is based on the candid admission from TN gov.

They don't get freebies. What I know is they get the freebies from TN residents on a low price.
TN fiscal indicators are bad ever since 2009. And living life quality is going bad from worse due to no money for development and infra projects. Agreed. At some point I hope more money is spent on things which can teach a man to fish.

 

[Patriot forever]

Our Debt to GDP is coming down, will come down even further this financial year.

The figure quoted is overall debt and not government debt.

Besides the recent increase is mostly due to depreciation not actual borrowing.


The problem is our taxation is very less as compared to regional countries ( mentioned in article).