Pakistan's Debt, liabilities mount to Rs 40.2 trillion, 104% of GDP now

[maithil]

SBP says 40.4 trillion as 104.3% of GDP. So they calculate GDP as 38.6 trillion. It can't get more authentic than your own SBP. At current exchange rate, in dollar terms GDP is not more than $250 billion.



This is more up to date.
https://www.imf.org/external/pubs/ft/weo/2019/01/weodata/weorept.aspx?sy=2019&ey=2024&scsm=1&ssd=1&sort=country&ds=.&br=1&pr1.x=66&pr1.y=11&c=564,534&s=NGDPD,PPPGDP,NGDPDPC,PPPPC&grp=0&a=

Almost 2500 USD gap in 2019, set to increase to 6K USD in 2024. With a caveat : GDP currently in report is 279 Billion, while in reality it is 242 billions. Not that there is too much difference.

why is there a discrepancy between Dawn and www.ceicdata.com figures?

best time to invade and make akhand bharat is now, don't dawdle go do it today

Probably because CEIC data is projection from start of the year. Since then PKR has lost some value, which probably results in the gap.

 

[Code_Geass]

http://www.sbp.org.pk/ecodata/pakdebt.pdf useful link our external debt is 45% of the GDP even at dollar 163 as of 30-06-2019

 

[Code_Geass]

why is there a discrepancy between Dawn and www.ceicdata.com figures?

best time to invade and make akhand bharat is now, don't dawdle go do it today

SBP calculated GDP at USD 1=163 PKR http://www.sbp.org.pk/ecodata/pakdebt.pdf

 

[Protest_again]

why is there a discrepancy between Dawn and www.ceicdata.com figures?

best time to invade and make akhand bharat is now, don't dawdle go do it today

Not interested.

 

[Protest_again]

Almost 2500 USD gap in 2019, set to increase to 6K USD in 2024. With a caveat : GDP currently in report is 279 Billion, while in reality it is 242 billions. Not that there is too much difference.



Probably because CEIC data is projection from start of the year. Since then PKR has lost some value, which probably results in the gap.

IMF is going to release a new report in October with Pakistan's GDP at $250 billion in 2019.

have you told this to bharati Defence Minister Rajnath Singh?

He wouldn't care less.

 

[Flight of falcon]

First of all the debt is being calculated in Rs value at the rate which is not reflective of either market rate or interbank rate. It is calculated at the highest the dollar ever touched during wild fluctuations seen few months back. The government external loans have not increased dramatically as claimed.
These are all headlines generated for fear factor by some newspapers. Infact our external Loan liabilities in dollars had a modest increase of 3 billion..

These are the total loans owed by the government, private sectors and foreign investors. Very deceiving figures .

 

[Flight of falcon]

Almost 2500 USD gap in 2019, set to increase to 6K USD in 2024. With a caveat : GDP currently in report is 279 Billion, while in reality it is 242 billions. Not that there is too much difference.



Probably because CEIC data is projection from start of the year. Since then PKR has lost some value, which probably results in the gap.

I love it when Indians look confidently in the future and make up things.

Just to give you an example IMF projections are based on numbers provided by Indian government. They released report projecting Indian economy growth to be 7 percent this year. We all know even the most exaggerated numbers released by Modi shows 5.5 percent growth. With USA starting at recession and Indian economy in the tailspin all these future projections are meaningless .

Heck we all know Indian economy of 2.61 trillion is way overstated and Pakistan economy of 275 billion way underreported. Report after report suggests that Pakistani economy is as much unreported/underground as documented.

I won’t be surprised India will touch five trillion economy under Modi Vedic calculations which will require growth rate of like 20 percent each year.

 

[maithil]

I love it when Indians look confidently in the future and make up things.

Just to give you an example IMF projections are based on numbers provided by Indian government. They released report projecting Indian economy growth to be 7 percent this year. We all know even the most exaggerated numbers released by Modi shows 5.5 percent growth. With USA starting at recession and Indian economy in the tailspin all these future projections are meaningless .

Heck we all know Indian economy of 2.61 trillion is way overstated and Pakistan economy of 275 billion way underreported. Report after report suggests that Pakistani economy is as much unreported/underground as documented.

I won’t be surprised India will touch five trillion economy under Modi Vedic calculations which will require growth rate of like 20 percent each year.

India's current GDP is around 2.9 Trillions. Real growth required to touch 5 trillion in 5 years will be around 8%.

Meanwhile , here are some truth bombs about Pakistan's economy :

1. Govt's debt increased from 72% of GDP to 82% in One year.
2. Fiscal deficit increased by 52%
3. Federal revenues contract by 6% inspite of Development spending cut by 25%

https://www.facebook.com/video.php?v=2681786411872794

 

[Flight of falcon]

IMF is going to release a new report in October with Pakistan's GDP at $250 billion in 2019.



He wouldn't care less.

Wow again you guys know more than IMF reports than IMF itself.
India has 1.4 billion people vs Pakistan’s 200 million. We are seven times smaller than India in population and ten times smaller in economy but we still cause million times more fear and constipation in Indians .... I will never understand that.

 

[maithil]

IMF is going to release a new report in October with Pakistan's GDP at $250 billion in 2019.

schadenfreude ?

Net addition of 11.1 Billion Dollars in external debt in one year..

 

[Code_Geass]

Wow again you guys know more than IMF reports than IMF itself.
India has 1.4 billion people vs Pakistan’s 200 million. We are seven times smaller than India in population and ten times smaller in economy but we still cause million times more fear and constipation in Indians .... I will never understand that.

why the F... it has become India, Pakistan thing,, this topic was about Pakistan economy.

 

[Protest_again]

about what? about your opinion?
at the end of day it he who decides not you or me, it is an oft-repeated and declared ambition of theirs to make durga mata/bharat mata whole which means taking over smaller neighboring countries

That can't be true.

 

[Flight of falcon]

India's current GDP is around 2.9 Trillions. Real growth required to touch 5 trillion in 5 years will be around 8%.

Meanwhile , here are some truth bombs about Pakistan's economy :

1. Govt's debt increased from 72% of GDP to 82% in One year.
2. Fiscal deficit increased by 52%
3. Federal revenues contract by 6% inspite of Development spending cut by 25%

https://www.facebook.com/video.php?v=2681786411872794

My lord You Indian are just simply dumb. Yes our economic numbers tumbled like most world economies at sometimes do when they undergo adjustments. We are coming out of a 19 year old war economy and entering the phase of redirecting and readjusting.
Your stupid dumb mind decided not to read my old posts where it explains the reason for these drops.
One year performance is not reflective of the future or the past. Pakistan needed this painful change and I am glad we made the necessary changes .

As for your growth numbers and the size of economy let me help you understand how you guys operate :


By flat out lying.

Indian GDP over estimated by 2.5 points each year since 2011:

https://www.google.ca/amp/s/www.liv...ng-india-s-gdp-numbers/amp-1560961412484.html

IMF casts doubt on Indian growth rate and tax collections:

https://www.google.ca/amp/s/wap.bus...imates-gdp-growth-targets-119082201432_1.html



Buddy India is staring at growth rate below 5 percent. Now in India’s case they need six percent growth just to feed their new arrivals and new job entering population.

You are so concerned about our tax collection shortage but would you care to explain the highest ever jobless rate in India?
Million of jobs lost in auto/ industrial sectors?

Less than 2 percent growth in large scale industry compared to claimed five percent last year.


Please do show me how a 2.7 trillion economy will reach five trillion in five years at the growth rate of 8 percent.

Please use your Vedic calculator and show me the calculations .

 

[maithil]

My lord You Indian are just simply dumb. Yes our economic numbers tumbled like most world economies at sometimes do when they undergo adjustments. We are coming out of a 19 year old war economy and entering the phase of redirecting and readjusting.
Your stupid dumb mind decided not to read my old posts where it explains the reason for these drops.
One year performance is not reflective of the future or the past. Pakistan needed this painful change and I am glad we made the necessary changes .

As for your growth numbers and the size of economy let me help you understand how you guys operate :


By flat out lying.

Indian GDP over estimated by 2.5 points each year since 2011:

https://www.google.ca/amp/s/www.liv...ng-india-s-gdp-numbers/amp-1560961412484.html

IMF casts doubt on Indian growth rate and tax collections:

https://www.google.ca/amp/s/wap.bus...imates-gdp-growth-targets-119082201432_1.html



Buddy India is staring at growth rate below 5 percent. Now in India’s case they need six percent growth just to feed their new arrivals and new job entering population.

You are so concerned about our tax collection shortage but would you care to explain the highest ever jobless rate in India?
Million of jobs lost in auto/ industrial sectors?

Less than 2 percent growth in large scale industry compared to claimed five percent last year.


Please do show me how a 2.7 trillion economy will reach five trillion in five years at the growth rate of 8 percent.

Please use your Vedic calculator and show me the calculations .

Not going to educate you on Real Vs Nominal GDP growth.

 

[Flight of falcon]

net addition of 8.58 billion external debt as per SBP report.


for the first time i have seen this report by SBP wonder were used to publish it earlier? http://www.sbp.org.pk/ecodata/pakdebt.pdf

Please show me where. This is from business recorder summary: