Pakistan Economy $313 Billion in 2017 : IMF

[PAKISTANFOREVER]

They are your Islamic brothers and your former country man until 1971, You have more in common with them than any nation on earth.

You people call chinease and Turks brothers....... BUT your real brothers are Bangladeshis

The bengalis are the brothers of indians like yourself as you both have FAR MORE in common with one another than with anyone else. It is virtually impossible to distinguish a bengali from an indian, wheras a Pakistani would always stand out from both these 2. It explains why indians and bengalis get on so well together.

What the Chinese and Turks have done for Pakistan and the way they both have stood by us in our darkest hours, Pakistanis have forged a bond of britherhood with these 2 nations that can never be broken.

The fact that bangladesh was once a part of Pakistan is neither here nor there and DOES not mean we share any commonalities. Ethiopia and Somalia were once both a part of the Italian union, but both gained independence from Italy. It doesn't make Italians Black East Africans.

 

[waz]

Keep on topic and quit the silly posts.

As for the topic, when Pakistan reaches $800 billion, then things will really look up.

 

[ziaulislam]

at end of re basing and documentation economy should mass 450 billion by mid of 2018
real issue is this is nothing for population of ~200M
overall disappointing 4 years of PML N govt

 

[Zee-shaun]

Keep on topic and quit the silly posts.

As for the topic, when Pakistan reaches $800 billion, then things will really look up.

Things will look up next year already when we do the overall edit with help of WB as stated by Darr and Burki. GDP could easily reach $400-450 billion.

 

[LA se Karachi]

Pakistan's economy continues to grow faster each year. Good to see economic growth back on track.

 

[waz]

Things will look up next year already when we do the overall edit with help of WB as stated by Darr and Burki. GDP could easily reach $400-450 billion.

Fair point, but I'm just looking at nations of similar size. But of course they do not have the battles Pakistan has had.

 

[Zee-shaun]

Fair point, but I'm just looking at nations of similar size. But of course they do not have the battles Pakistan has had.

Exactly, most similar sized economies would have been destroyed or have gone shrinking rapidly given the same challenges as we're facing, I.e. two ultra hostile neighbors, domestic fight on terror, political instability, power and water shortage to name a few. Despite all these challenges, our economy never shrunk and that proves the dynamics and potential we have.

Next few years will be really interesting, we're witnessing a major turnaround.

 

[American Pakistani]

Pakistan needs 7+ growth rate for atleast next 5 years continuously to catch up it's lost position. 5.3 is OK but nothing to be proud of.

 

[dilpakistani]

I am more looking forward to World Banks report where they put us. Their formula of nominal GDP is some what more accurate figure. Rebasing GDP might add 20 -30 more billion dollars to GDP
but that would significantly depreciate of TAX to GDP ratio and our GDP to Revenue Ratio. That would mean more taxes burden on existing payers...

 

[ziaulislam]

Pakistan needs 7+ growth rate for atleast next 5 years continuously to catch up it's lost position. 5.3 is OK but nothing to be proud of.

just taking growth is not correct way to analyse development
let say if you grow 5% but its well balance growth, its far better than 7% growth which is temp stimulus from heavy infrastructure investment on loans
pakistan needs to get its education sector in line ASAP, PML N had right sets of policies when it came in(if you read their manifesto), it just lost it way afterwards but than every party is like this

biggest blunder was lack of reforms and lack of privatization

 

[BetterPakistan]

just taking growth is not correct way to analyse development
let say if you grow 5% but its well balance growth, its far better than 7% growth which is temp stimulus from heavy infrastructure investment on loans
pakistan needs to get its education sector in line ASAP, PML N had right sets of policies when it came in(if you read their manifesto), it just lost it way afterwards but than every party is like this

biggest blunder was lack of reforms and lack of privatization

7% growth is necessary for giving jobs to the youth coming in labour force every year but yes it should be sustainable and should be driven through exports and FDI first not loans. Education & Health is the key. Infrastructure is necessary and should be done on priority basis. Corruption is the killer which should be resolved first.

Privatization is good but should be done according to the worth of potential not by just pushing the burden off from your shoulders.

 

[LA se Karachi]

Keep on topic and quit the silly posts.

As for the topic, when Pakistan reaches $800 billion, then things will really look up.

A great thing about the economic growth in Pakistan is how the services and industrial sectors have been performing. Agriculture has not been the main reason for this growth: