Pakistan and its debt bomb

[Buddhistforlife]

Please provide the exact numbers of allocations then prove what you claimed, i.e., 70% of budget goes to defence.

70% is just an educated guess but yes a huge portion of money goes to defence

This is a data from dawn. This showed the expenditure from 2019-2020 fiscal year.

 

[Peaceful Civilian]

Now corona is big challenge. And we have to spend billions of dollars otherwise this is uncontrollable. This year Large portion of money will go on corona . Hence more burden on economy. We were about to jump on tourism sector as Pakistan was declared number 1 tourist destination to visit in 2020 but corona ruined this too.

 

[Bilal.]

70% is just an educated guess but yes a huge portion of money goes to defence

View attachment 639427

This is a data from dawn. This showed the expenditure from 2019-2020 fiscal year.

Your “educated” guess is off by about 3 times.

 

[Syed1.]

70% is just an educated guess but yes a huge portion of money goes to defence

View attachment 639427

This is a data from dawn. This showed the expenditure from 2019-2020 fiscal year.

You do realize the money listed under education and health is just the federal allocation for Islamabad and some nationwide projects. Each province allocates for health and education from their own budget and it is typically 100-200b(give or take) for each province under both heads

 

[Shahzaz ud din]

More than 70% of Pakistan's annual budget goes to the defence sector and for paying debt

A Bangladeshi guy speaking the Indian language.

 

[Cookie Monster]

Good luck to you. Modi_of_the_56"_chest once calculated (at election time, natch) that each Indian would get 15,00,000 (1.5 million rupees) in his or her account if all the looted money was brought back.

I'm still waiting.

The ministers have made a hundred times that amount - each - in the same time that I've been waiting.

It's all dependent on IF the ppl recognize their power...it's a big IF.

 

[BATMAN]

There's no debt... it's all conspiracy against Imran Khan.

 

[Syed1.]

There's no debt... it's all conspiracy against Imran Khan.

Somebody give this patwari a khota boti to munch on so that he stops barking.

 

[Dr-who]

More than 70% of Pakistan's annual budget goes to the defence sector and for paying debt. I think Pakistan's defence expenditure should be reduced into half and this money should be investee elsewhere.

Might as well say India ur most welcome

Yes there is a huge debt, worse debt to gdp ratio,
But we need to take correct measures like Gen Pervez Musharraf did. It's doable

 

[Waterboy]

Somebody give this patwari a khota boti to munch on so that he stops barking.

What's wrong with your demented mindset. Anyone who question PTI is a patwari?. Always stoop low by taking a dig at other members. Everyone has a right to criticize.

 

[Syed1.]

What's wrong with your demented mindset. Anyone who question PTI is a patwari?. Always stoop low by taking a dig at other members. Everyone has a right to criticize.

Yes everybody has right to criticize, except those who support someone who has raped Pakistan for 30 years aka patwaris.

 

[blueazure]

Good luck to you. Modi_of_the_56"_chest once calculated (at election time, natch) that each Indian would get 15,00,000 (1.5 million rupees) in his or her account if all the looted money was brought back.

I'm still waiting.

The ministers have made a hundred times that amount - each - in the same time that I've been waiting.

the only thing i agree with indians of pdf = politicians and bankers of both countries are the most vile crooks on the face of this earth !

What's wrong with your demented mindset. Anyone who question PTI is a patwari?. Always stoop low by taking a dig at other members. Everyone has a right to criticize.

hes a demented PTI troll

leave him be ,

 

[Joe Shearer]

the only thing i agree with indians of pdf = politicians and bankers of both countries are the most vile crooks on the face of this earth !

Thank you for that chink of light.

hes a demented PTI troll

leave him be ,

 

[volatile]

Till the time we keep spending on non development the debt figure keeps shooting up as non development adds or no value to GDP or its growth .Good luck Pakistan keep repeating the mistakes of 47 ,where as Bangladesh in 50 years or so understood where to spend and how much to spend . Tahreek e Azadi started from Bengal just fact

 

[ps3linux]

the only thing i agree with indians of pdf = politicians and bankers of both countries are the most vile crooks on the face of this earth !


hes a demented PTI troll

leave him be ,

Dr. Furrukh Saleem is a learned guy and his grip on economics is beyond doubt, period.

Unfortunately rest of the comments in this thread is like a patient having no background of medicine commenting on the prescription of a neurophysician.

Although I have my two cents about economists and their analysis, which seem often narrow and tends to focus at only one aspect. In this case however, I agree totally that regardless of who did what and who is doing what, we as a country are in s***hole of debt, we cannot get rid of defense expenditure due to obvious reasons, PSDP is the lifeline for economy, major problem is non developmental expenses and PSEs.

Frankly the bureaucrats are not only corrupt but incompetent as well give them any department and they ll screw it and make it a burden to the nation. People criticize one political party or the other for these sick parasitic PSEs, what is missing is the performance of bureaucrats appointed to these organizations and their performance. 4 time the required staff is hired in Pak Steel, 10 times the required staff is with PIA, same goes with railways and other PSE. Then there is the political manipulation if Govt is getting rid of those people who are sitting on their butts in PS or for that matter utility stored corp, these good for nothing people will come to protest, media channels will give full coverage make these people as victims and the Govt as villain and some legal pro***** I mean judge will pick it up and a restraining order will be issued, Allah Allah Khair sallah.

Parasites are good for the country, thats the moral.

COVID-19 has added complication to an already sick economy. The situation is further complicated by appointment of incompetents and irrelevant in the cabinet and decision making posts. Its already 22 months down the road, while previous Govts have brought the country to current position but even I am having doubts about the capacity issues of current Govt.