Pakistan to see 4.1% growth this year, well below target

[Kabira]

Absolutely wrong dude.There is a thread in this PDF where Pakistan delegation visits India to study about our demographic control method and policies.Except 7 states rest of the nation has stabilised its populatiin and in some srates it is contracting.
Pakistan has high demographic growth of more than 2.7+ inSouth Asia.

Again stop making up numbers from your a**.

Thats estimated. Look into my link. Its from your own newspaper and from the official survey not mere estimates as posted by u.

But again, point is, your per capita GDP is either remaining stagnant or tending towards down. That itself is a problem rather than arguing the population growth rate.

Not really, that was old official figure. 1.49% is estimated but official. Wait till next year census to get real picture.

 

[hussain0216]

Just keep going with the energy problem being sorted

Gwader coming on line and a range of projects being completed over the next few years the Pakistani economy is the cusp of a revolution



You heard it here first, Pakistan will have high single and even double digit growth for over a decade in a few years

 

[OrionHunter]

Currently less than one percent of Pakistani pay income tax and the government collected just $8 billion in total income tax in the 2013- 14 fiscal year – barely enough to cover just the country’s defense expenditure of $7 billion.

I wonder whether Nawazji himself pays any income tax at all?

 

[ashok321]

Pakistan will have high single and even double digit growth for over a decade in a few years

Even a 500 pound Sumo wrestler can walk a tight rope...But have you seen one?

 

[hussain0216]

Currently less than one percent of Pakistani pay income tax and the government collected just $8 billion in total income tax in the 2013- 14 fiscal year – barely enough to cover just the country’s defense expenditure of $7 billion.

I wonder whether Nawazji himself pays any income tax at all?

These are things Pakistan is trying to fix

But this is partly the point Pakistan is a freaking miracle how we have functioned for decades on a shie string budget is amazing

The pakistani militarily has tank, jet, missile and nuke programmes on next to nothing

The positive being the room for growth is ENORMOUS

With the resources at disposal its just a matter of time before the pakistani economy takes off

 

[black-hawk_101]

ISLAMABAD: Pakistan and the International Monetary Fund (IMF) announced on Monday an agreement on next year’s budget which will ensure continuation of tight fiscal policies that have already started hurting the economic growth.

The mission chief announced 4.1% growth for this fiscal year, which is precisely 1% less than the official target.

Both sides also agreed to further lower this year’s tax target despite the government imposed 5 mini budgets.

IMF also allowed Pakistan to spend Rs 130 billion on security-related expenditures over and above normal expenditure.

Further, the finance minister said that Pakistan would not seek any waiver from the International Monitory Fund (IMF) in the seventh economic review.

“Pakistan and IMF have successfully completed 7th review of the extended fund facility paving the way for release of next tranche of $506 million to Pakistan by June this year,” Dar said.

He said it is for the first time that Pakistan has reached the level of 7th review with IMF under any programme.

“We are determined to overcome the economic crisis and see the improvement in economic situation of the country.”

However, he cautioned that Pakistan still has to go a long way in improving its economic status.

Dar claimed that the progress on Quantitative Performance Criteria, net international and domestic assets as well as borrowing from the central bank was going as planned and added that the inflation rate is also witnessing a decline.

Why not Pakistan simply privatize all of its Financial Sector like Banks, Insurance companies and etc this year. Also, sell out all of the Power plants, power companies and water sewerage boards.

I would recommend that Govt. of Pakistan should give these companies on 10 years lease(as they will be paying 10% of the estimated cost each year to GoP and will complete privatization in 10 years time):
Railways, NLC, PTCL, Dry Ports & Pakistan Post to Fauji Foundation
PIA and All Airports to Shaheen Foundation
KPT, POrt Qasim, KS&EWs and PNSC to Bahria Foundation

I am sure they will be able to return the estimated money within 5 years time.

 

[OrionHunter]

The positive being the room for growth is ENORMOUS

With the resources at disposal its just a matter of time before the pakistani economy takes off

Exactly! But the question is WTF have your politicians and bureaucrats been doing for the past 65 years? Pakistan has enormous natural resources waiting to be tapped. But your feudal political masters couldn't care less seeing that they have no time to think about the country but themselves.

 

[Hyde]

That's the only reason I like democracy. People are seeing results of Poster League after they experienced the incompetence of Masoom Party.

I hope they will be wise in voting for better people next time although the whole political system in Pakistan is corrupt and incompetent

 

[SrNair]

These are things Pakistan is trying to fix

But this is partly the point Pakistan is a freaking miracle how we have functioned for decades on a shie string budget is amazing

The pakistani militarily has tank, jet, missile and nuke programmes on next to nothing

The positive being the room for growth is ENORMOUS

With the resources at disposal its just a matter of time before the pakistani economy takes off

That was the same thing he asked there.

Pakistan can move in future even with these shoe string budget because Pakistanis have money ,a deep roted underground economy .But Govt cant deliver if you dont give any taxes to the govt.Public srrvices would be worst if there is no money in Govt treasury.

 

[WAR-rior]

These are things Pakistan is trying to fix

But this is partly the point Pakistan is a freaking miracle how we have functioned for decades on a shie string budget is amazing

The pakistani militarily has tank, jet, missile and nuke programmes on next to nothing

The positive being the room for growth is ENORMOUS

With the resources at disposal its just a matter of time before the pakistani economy takes off

Dont take me wrong buddy but for revolution to take place u need education. India is today ready for the best growth in the world and may be future Global Trading Centre (As per your own Dawn Paper) only coy it laid seeds of IT industry some 20 years back. Point is Indian Economy is run by Crores of Engineers and Graduates both from India and Abroad.

What is Pakistan doing? I really dont doubt that Pakistan too has a right to grow economically and can do so but again, HOW?

 

[SrNair]

Again stop making up numbers from your a**.



Not really, that was old official figure. 1.49% is estimated but official. Wait till next year census to get real picture.

Pak keen on birth control lessons from India

Hope you can understand.

 

[ziaulislam]

TribunePakistan to see 4.1% growth this year, well below target
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Pakistan to see 4.1% growth this year, well below target
By Shahbaz Rana
Published: May 11, 2015
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PHOTO: REUTERS

ISLAMABAD: Pakistan and the International Monetary Fund (IMF) announced on Monday an agreement on next year’s budget which will ensure continuation of tight fiscal policies that have already started hurting the economic growth.

The mission chief announced 4.1% growth for this fiscal year, which is precisely 1% less than the official target.

Both sides also agreed to further lower this year’s tax target despite the government imposed 5 mini budgets.

IMF also allowed Pakistan to spend Rs 130 billion on security-related expenditures over and above normal expenditure.

Further, the finance minister said that Pakistan would not seek any waiver from the International Monitory Fund (IMF) in the seventh economic review.

“Pakistan and IMF have successfully completed 7th review of the extended fund facility paving the way for release of next tranche of $506 million to Pakistan by June this year,” Dar said.

He said it is for the first time that Pakistan has reached the level of 7th review with IMF under any programme.

“We are determined to overcome the economic crisis and see the improvement in economic situation of the country.”

However, he cautioned that Pakistan still has to go a long way in improving its economic status.

Dar claimed that the progress on Quantitative Performance Criteria, net international and domestic assets as well as borrowing from the central bank was going as planned and added that the inflation rate is also witnessing a decline.


Read more: IMF
Pakistan to see 4.1% growth this year, well below target - The Express Tribune

 

[ziaulislam]

compare to this claim

Pakistan to achieve GDP growth target of 5.1% this year: Dar

so overall a 0.5% improvement in 1st 2 years in GDP growth
a mere 12.5% improvement in taxation

lets see where will govt end in there 3rd and 4th year..

 

[Kabira]

Already posted, you can delete this thread.

 

[farhan_9909]

But this morning Ishaq dar said 4.9% growth rate