Total budget outlay for 2010-11 is Rs 3259 billion!!
Do the math.
Ok, thats 38B USD. 3B isn't a huge amount really. Could be funded by extra debt if needed.
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Total budget outlay for 2010-11 is Rs 3259 billion!!
Do the math.
Total budget outlay for 2010-11 is Rs 3259 billion!!
Do the math.
PPP GDP won't be the correct one to use anyway. Nominal GDP is the right number to use and thats around 170B or something.
7.5% and not 0.02% as you stated...
btw can you please provude source for Rs 3259 bn?
Actually, you can use PPP easily because the amount in dollars will be converted to amount in Rupees upon receiving, and depending on the time of the transaction, it should reflect the value of Rupee at that instant.
We are not comparing 3 billion USD between Pakistan, India and many other countries, but relative to how ONLY Pakistan will use it.
For that case, assuming PPP method should be fine.
But in anycase, it's not 10%. 2% or less than 1% depending on the method used.
By judging from your user-name, maybe you guys should have taken Math classes a bit more seriously.
By judging from your user-name, maybe you guys should have taken Math classes a bit more seriously.
here you go,
DAWN.COM | Pakistan | Budget sets optimistic tax target
from one of the most respected news sources in Pakistan, and also the oldest.
New Recruit
Don't you think the 3 billion is too less? I mean, per year cost of WOT is more than that, not to mention the loss to economy due to lagging foreign investment??