Pakistan's economy better than India's: Bloomberg

[TheFlyingPretzel]

we have $ 350 billion reserve also...so effective debt is only (456-350) $106 billion only
which is 5% of India's GDP

whereas Pakistan effective debt ...192-18 = $174 billion
which is 50% of Pakistan GDP

Haha. That is not how debt servicing works. Get a formal education.

 

[RealNapster]

Ok

Kindly find details below...


We are real asian tiger...u r duplicate one ....made by china...

.

 

[NKVD]

Haha. That is not how debt servicing works. Get a formal education.

And that is bad How US external debt is 18 trillion and China 3 trillion

So by your logic they are Much Worse economicly than india

 

[TheFlyingPretzel]

And that is bad How US external debt is 18 trillion and China 3 trillion

So by your logic they are Much Worse economicly than india

You are so stupid it hurts. Nothing you say makes sense. Read this thread from the start. Refer to the post below. Visit that thread if need be. Figure it out.

Comparatively, India's debt stands at a colossal $456,000,000,000.00 (456 billion dollars) a significant $1,600 per Indian taxpaying head circa 2014. The world's only surviving superpower, the United States of America, which also happens to be among the most developed nations on this planet, has an outstanding external debt of of $18,000,000,000,000.00 (18 trillion dollars) circa December, 2014 which is a mammoth 106% of its GDP and averages at $58,500 per American head.

Similarly the United Kingdom famed for its comfortable life of plenty, in part made possible by its lavish system of welfare, has an estimated external debt of $10,000,000,000,000.00 (10 trillion dollars!) which is a whopping $160,000 per head! Luxembourg's per capita debt is $3,696,467 (yes, you read that right - 3.6 million dollars per head!) and their total debt, which is an amount in excess of $3,472,000,000,000 (3.4 trillion dollars) is 3,443 % of its GDP circa....

Isn't it odd that the most indebted countries in the world are also the most developed and the most prosperous?

Also, please leave def.pk.

 

[Raja.Pakistani]

I already knew, fat bastard is way better than desi rambo.

who is desi Ramboo and fat bastard is Modi

Morgan Stanley is share broker company....means nothing


we go there also...dont you worry....

I know you dont like us since burst all your illusion and day dreaming bubbles

We cannot compete with your mahan bharat. Size of India and Pakistan is not comparable but we should compete with each others on per capita basis and its healthy competition which is good for people of boht countries . No need to get insecure lol Pakistan have great potential if we tackle some issues i.e political instability, terrorism, corruption , energy crisis

 

[Thorough Pro]

Infra structure building and construction is the best source of generating low level jobs, increasing employment ofamong the poor and addressing poverty.

Government should announce incentives to legalise lack money by investing in new industries creating a minimum number of jobs. We know Pakistanis have billions f dollars in black money, lets use that to give our economy a boost rather than letting it sit in foreign banks benefiting foreign countries.

A lot more work to be done.
Yes we might be better than India at poverty alleviation and infrastructure build up, but still, we need heavy industries. Construction is a cheap boom mostly for those seeking to make their black earnings white. Sooner than later it will burst whether Pakistan, India or China.
We need energy and security. We need value added exports. Hopefully, our IT industry will expand very rapidly in the next decade and finally we can export something other than Towels, mangoes and footballs.

 

[ito]

It is not a Bloomberg report, but an opinion of one of the economist of Renaissance Capital. Duniya news twisted the title

Comparing Indian economy to Pakistan economy is like comparing heavy vehicle to a light vehicle given the considerable difference in size and population

 

[Echo_419]

Pakistan's economy better than India's: Bloomberg

LAHORE: (Web Desk, Dunya News) – Pakistan’s economy has been declared better than India’s in Bloomberg report published on Friday. Pakistan has been included among the Top 10 emerging economies of the world, reported Dunya News.

According to the report published by Bloomberg, economic reforms and good relations with the international monetary organizations gave boost to Pakistan economy. It said that the success is better than India’s.

Report says that the payment of loans’ issue was resolved after Prime Minister Nawaz Sharif took over the government. It said that the construction industry also improved, leading to better ratings for Pakistan by Moody’s and Standards and Poors.

Bloomberg report says that interest rate is at 42-year lowest in Pakistan. It says that Nawaz Sharif government kept the economy afloat despite protests in the country. Pakistan wrote a new chapter in the history of reforms, privatization and economic progress, it says, and has become the best undiscovered investment opportunity of the world for investors with a 232-billion dollars economy.

Report goes on to say that Karachi Stock Exchange (KSE) saw 16% improvement during the last one year and is among the 10 best performing stock markets of the world. It says that progress has been observed in cement, construction and steel sectors. It said that the biggest of companies are trying to double their volume.

Appreciating the government reforms, the report says that a 27% increase was seen in the government expenditure on infrastructure, inflation came down and buying power of Pakistanis increased due to better incomes after Nawaz Sharif government took control in 2013. It says that the current government has also focused on rural progress along with the urban due to which suburban centers are growing fast in the country.

The report also acknowledged China’s support for Pakistan, saying that China once again proved to be Pakistan’s best friend by investing in 45-billion-dollar economic corridor project. Quoting the business circles in Pakistan, the report says that almost all the fields have observed three-time growth which is a clear indicator of economic progress.

Source: Pakistan's economy better than India's: Bloomberg | Pakistan | Dunya News

Original article in Bloomberg: In the 'Best Hidden' Frontier Market, a Boom Signals a Pakistan Revival - Bloomberg Business

Pakistan strong

A lot more work to be done.
Yes we might be better than India at poverty alleviation and infrastructure build up, but still, we need heavy industries. Construction is a cheap boom mostly for those seeking to make their black earnings white. Sooner than later it will burst whether Pakistan, India or China.
We need energy and security. We need value added exports. Hopefully, our IT industry will expand very rapidly in the next decade and finally we can export something other than Towels, mangoes and footballs.

Do tell what Infra buildup you are talking about

 

[NKVD]

You are so stupid it hurts. Nothing you say makes sense. Read this thread from the start. Refer to the post below. Visit that thread if need be. Figure it out.



Also, please leave def.pk.

You r stupid too don't know how external debt functions

EVery major economy have high external debt
Example US, UK china which are some of the major economic centres have high External debt

Rank of India pretty low 21 in this regard

List of countries by external debt - Wikipedia, the free encyclopedia

 

[Gandhi follower]

Average growth rate of pakistan for past decade is below 3% . Look at their FDI. Enough said.

 

[Icewolf]

Why not do the Compare the forex Btw the two countries

OOPS india Forex is even higher than Pakistan whole GDP

and India's open defecating population is 3x population of pak

 

[Icewolf]

Average growth rate of pakistan for past decade is below 3% . Look at their FDI. Enough said.

Just because something grows faster doesn't necessarily mean it's better.

For example, China which has sub strict markets and government running the country like a company. It grows at 7%

Meanwhile, India, a country where there is no industrial base, no real service sector, nothing except consumerism and agriculture, a primitive economy, grows at 9%.

China economy is still more healthy than India as they have done their homework while India not so much

 

[Stephen Cohen]

Meanwhile, India, a country where there is no industrial base, no real service sector, nothing except consumerism and agriculture, a primitive economy, grows at 9%.

Are you Serious

 

[Icewolf]

Are you Serious

I know it's quite hard to believe. The second most populated nation of the world barely has any industry or manufacturing sector. I can't even name anything off the top of my head that's made in india... Definently not toilets

 

[Stephen Cohen]

I think I will follow your signature and ignore you