Pakistan's GDP at $380 Billion , Per Capita at $1800. Registers 6% growth for 2021-22

[CodeforFood]

Good news indeed, congratulations on Pakistanis !

Unfortunately things are not looking upward we will going downhill as if we are on a double black diamond trail now unfortunately

 

[waz]

It will be down to 300 billion in no time as a result of donkeyleauge economics.
They are still trying to figure out how floating exchange rates work.

 

[SaadH]

Worst of all, IK sent Shaukat Tarin to the neutrals to brief them on the economic conditions and forecast and warn them that the regime change will have a catastrophic impact on the economy...

They didn't care...even neutral janwars are better than this, at least they deliberately and knowingly don't destroy their own territory.

 

[SD 10]

Worst of all, IK sent Shaukat Tarin to the neutrals to brief them on the economic conditions and forecast and warn them that the regime change will have a catastrophic impact on the economy...

They didn't care...even neutral janwars are better than this, at least they deliberately and knowingly don't destroy their own territory.

you are assuming all this because you think neutral are not corrupt but infect they are the biggest corrupts in Pakistan , they7 have controlled and looted this country for 75 years!

 

[SaadH]

you are assuming all this because you think neutral are not corrupt but infect they are the biggest corrupts in Pakistan , they7 have controlled and looted this country for 75 years!

It's worst, US military is a huge bloated mass of corruption, but they never compromise on the interests of US.

Pakistan mil establishment only cares about it's self preservation and it's dominant position, the country is a means an after thought to ensure the perpetuation of that dominance. The more weaker, broken down and impoverished the better for their interest. It's not the waderas and chaudharies that want to keep their subjects poor and uneducated, the bigger scandal is the mil establishment wants to keep the country poor and impoverished.

 

[Olympus81]

By now it’s pretty clear PDM are having paralysis and cant make a decision. The neutrals who brought them to power are as clueless and even more corrupt.

The PDM will run Pakistan’s economy aground in a couple of months time.

20 billion dollar forex reserves have been burnt in no time.

The PTI economic team were gradually improving Pakistan’s economy.

 

[Gripen9]

current govt ban imported items

Govt banned imports of following:

Cars
Mobile phones
Dry fruits
Home appliances
Crockery
Private weapons
Shoes
Decoration items
Doors & window frames
Sauces
Frozen meat
Fruits
Carpets
Tissue paper
Furniture
Make-up
Chocolates
Shampoos
Sunglasses
Cigarettes
Musical instruments


also shahid khakan abbasi said they are saving dolllars by doing loadshedding

How much do these item represent of our total import?
If is is miniscule, then it is just optics.

Importing Tissue paper? WTF what happened to Rose Petal tissue papers?

 

[Mav3rick]

If IK had two terms of continous rule, Pakistan would have hit $500 billion at 6% at the end of his tenure. If the rate went up to 7% or 8% then at the end of 10 years it would have hit $650 billion

Just imagine, pakistans GDP per capita would be approaching $3000 and millions would have been lifted out of poverty with many millions more moved into the middle class.

And after 3 terms Pakistan would have overtaken Japan, India and perhaps even China & US!! Maybe that's what the US was so scared off ......

By now it’s pretty clear PDM are having paralysis and cant make a decision. The neutrals who brought them to power are as clueless and even more corrupt.

The PDM will run Pakistan’s economy aground in a couple of months time.

20 billion dollar forex reserves have been burnt in no time.

The PTI economic team were gradually improving Pakistan’s economy.

20 Billion forex reserves have been burnt, and that too in no time??........LOLOLOL!!!!

Kahan se laate ho tum log, aur khud kahan se aate ho??? Unbelievable!!

 

[Flash_Ninja]

And after 3 terms Pakistan would have overtaken Japan, India and perhaps even China & US!! Maybe that's what the US was so scared off ......

Its simple maths, probably too difficult for you to understand

 

[Mav3rick]

How much do these item represent of our total import?
If is is miniscule, then it is just optics.

Importing Tissue paper? WTF what happened to Rose Petal tissue papers?

Other than cars & mobiles, I believe the rest are quite possibly negligible, maybe a few hundred million USD combined.

I don't mind banning luxury items but there should be a plan to provide local alternatives which are equally good, first for local consumption and then for exports too. Vehicle assemblers should be given 6 months to start manufacturing vehicles and exporting them, otherwise ban all Japanese vehicles and compel the local business for ToT with Chinese/Korean etc., manufacturers.

But in the immediate future, remove the subsidies on Petrol, Diesel, Gas, Electricity etc.; let the economic land mines left by Imran Khan blow and hurt PDM in the short term but when IMF program restarts and other lenders start their program (as they are all waiting for IMF) then the economic situation will start to ease, USD will gradually go down to perhaps 170-180 and that will be the time to call new elections.......max 6-10 months.

Its simple maths, probably too difficult for you to understand

It's a blatant lie, something that you have come to believe. I wonder why you guys cannot see what PTI has done to the economy......the last few months alone, the land mines left for PDM which will blow on average Pakistanis and the continuous attempt to create a rift between US and Pakistan with lie after lie. The worst thing is that you and many others worship Imran Khan to the point where the country becomes inconsequential and all those who oppose Imran Khan are traitors, patwaris, jiyalas etc. This is how Imran Khan has brainwashed his followers.

 

[Gripen9]

Other than cars & mobiles, I believe the rest are quite possibly negligible, maybe a few hundred million USD combined.

I don't mind banning luxury items but there should be a plan to provide local alternatives which are equally good, first for local consumption and then for exports too. Vehicle assemblers should be given 6 months to start manufacturing vehicles and exporting them, otherwise ban all Japanese vehicles and compel the local business for ToT with Chinese/Korean etc., manufacturers.

But in the immediate future, remove the subsidies on Petrol, Diesel, Gas, Electricity etc.; let the economic land mines left by Imran Khan blow and hurt PDM in the short term but when IMF program restarts and other lenders start their program (as they are all waiting for IMF) then the economic situation will start to ease, USD will gradually go down to perhaps 170-180 and that will be the time to call new elections.......max 6-10 months.

LoL on the landmines. If that was the case, why did you lot eagerly jump in to take ownership. Previous government provided relief to the ordinary people via subsidies that were funded by monies out of development funds. Also keep in mind 6% GDP growth, record exports and remittances during the same time the "land mines" were placed.

All talk no substance... 14 party mix achar with 2 PMs, 2 Finance ministers and Billo the obedient servant. Asking people to make sacrifices while spending 8 crore to renovate swimming pools and running around the world (4 foreign trips in 1 month) with a tola of hawaris in tow.

 

[ziaulislam]

Reserves mostly fell because china didnt roll over loans and other investors freaked out..otherwise CAD will be psoitive if oil drops to 60$

So if elections are delayed with russian wat near ending and iran deal just hampered by russia with USA midterma on verge i would expect oil to drop to 60-70 $ this will make CAD +tive, if deflation happens globally this will be plus

Pmln will call it victory as it did during low oil prices of mid 2010s and people will vote them back

thats the hope

 

[ziaulislam]

 

[Wood]

View attachment 845511

Reserves mostly fell because china didnt roll over loans and other investors freaked out..otherwise CAD will be psoitive if oil drops to 60$

So if elections are delayed with russian wat near ending and iran deal just hampered by russia with USA midterma on verge i would expect oil to drop to 60-70 $ this will make CAD +tive, if deflation happens globally this will be plus

Pmln will call it victory as it did during low oil prices of mid 2010s and people will vote them back

thats the hope

Here is official publication from SBP

https://www.sbp.org.pk/ecodata/bop-services/bop.pdf

FY 19 and FY 22 are considerably higher. FY 22 will likely end in $14 Billion.

 

[Ssan]

View attachment 845511

Reserves mostly fell because china didnt roll over loans and other investors freaked out..otherwise CAD will be psoitive if oil drops to 60$

So if elections are delayed with russian wat near ending and iran deal just hampered by russia with USA midterma on verge i would expect oil to drop to 60-70 $ this will make CAD +tive, if deflation happens globally this will be plus

Pmln will call it victory as it did during low oil prices of mid 2010s and people will vote them back

thats the hope

That’s exactly right- I have said this repeatedly on this forum- primary CAD was as issue mid to end of 2021. In 2022, PTI already controlled it- right now it’s 0.5-1 bn$ and going in right direction as long as PDM does not screw it up.

Here is official publication from SBP

View attachment 845514

https://www.sbp.org.pk/ecodata/bop-services/bop.pdf

FY 19 and FY 22 are considerably higher. FY 22 will likely end in $14 Billion.

Misleading because the CAD from this calendar year is mainly coming from Tareens stupid spending spree mid to end of 2021. However, PTI unlike PMLN curtailed that spending spree already and we would have positive CAD this month were it not for oil price hike. Even so, CAD going in right direction. PDM govt have no excuse to cry about. They literally have only to remove subsidies and things will be fine.