Pakistan Economy : Updates and Discussions
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Pakistan dwiich maujaa hi maujaa. Jithe vekho uthe fauja hi fauja.I have ever read somewhere that Pakistan army even produces toothpaste in Pakistan. And heavily involved in kidnap from tribals regions for prostitution business controlled by army.
I cant find that article. Or maybe it was a interview by a insider I watched somewhere. But I did find another which states
"In July 2016, the Pakistani senate was informed that the armed forces run over 50 commercial entities worth over $20 billion. Ranging from petrol pumps to huge industrial plants, banks, bakeries, schools and universities, hosiery factories, milk dairies, stud farms, and cement plants"
Source: - Inside Pakistan’s biggest business conglomerate: the Pakistani military
interesting read - exactly as @BlackOpsIndia said
So next time anyone needs a Apple Pie you know who to call in Border region - fresh from Bakery delivery
https://www.asiatimes.com/2019/03/article/pakistani-army-moves-into-the-oil-business/I have ever read somewhere that Pakistan army even produces toothpaste in Pakistan. And heavily involved in kidnap from tribals regions for prostitution business controlled by army.
I cant find that article. Or maybe it was a interview by a insider I watched somewhere. But I did find another which states
"In July 2016, the Pakistani senate was informed that the armed forces run over 50 commercial entities worth over $20 billion. Ranging from petrol pumps to huge industrial plants, banks, bakeries, schools and universities, hosiery factories, milk dairies, stud farms, and cement plants"
Source: - Inside Pakistan’s biggest business conglomerate: the Pakistani military
interesting read - exactly as @BlackOpsIndia said
So next time anyone needs a Apple Pie you know who to call in Border region - fresh from Bakery delivery
This is fresh, read this one.
Yeah I read this one but couldnt find the link, this was more recent and reliable.
Very informative, but the article missed Two major industry, the biggest & often not reported in these articles.
1) Mines - Most of mines are owned / operated by Army, if not its owner, then its in joint partnership, where some part is Army controlled.
2) Drugs - Most of drugs grown in Pak Afgan border region is smuggled. How many times has Pakistan national carrier been caught smuggling drugs, often hiding in roof of plane etc, which only maintenance crew can access. And the catering service employed in country where it pays a visit, works as a courier to take it out of plane & airport. If its not state controlled what is, no one can access roof panels which takes 1-2 hrs to access by trained professionals to smuggle drugs, except the state itself.
second part is sadly true - a fixed amount is paid to the family of deceased terrorist by army, based on his lvl/rank.
Also Chinese are taking over most of business in Pakistan, including the Pakistan stock exchange, where majority stake is owned by china, so why not pawn shop,
you do take away the goods of person who cant pay his debt, Pakistan be biggest market in future, who can't pay up & reclaim precious goods/assets
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I gave fact . You replied with Pakistani madrasa education output. The problem with wiki generation and I know it all Google teens.
Either way dude stop worrying about me . Stop making fool of yourself , read Google about what is real GDP and nominal GDP and inflation really mean instead of bringing down quality of this forum.
Buddy please, lets stick to the facts. Be educated and counter what I earlier said by economics example. To refresh what I said I repost it for your enlightenment (even marked critical part in red). And justify your earlier claims, for all I here till now from you is sounds.
To add to above, ballooning debt, will in turn, require further bailouts with increase frequency, which will require further devaluation of PRK Vs Dollar
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Karachi Stock Exchange(40% owned by China) hits 3 year low
KSE-100 sheds another 550 points to close near three-year low
KSE-100 sheds another 550 points to close near three-year low
Tank, keep tanking, hit the bottom and then bottom will fall.
Even grass will be unaffordable to you terrorist sympathizers with most of your area being desert and barren. These are just indications, wait few months and I hope pressure is maintained on LoC, conditions for civil war brewing, Nukes won't save you when public will beat generals on road.
Then stop condescending talk.
you write like book worm who mugged up book for exams. None of you written makes sense. most of it is very silly.
>Here high inflation vs growth figure (10%-3% = 7%) will decrease local buying power of citizen for goods grown inhouse
wrong. If growth was distributed equally. buying power will increase.
>While fall in PKR vs $ will make the GDP size shrink in Nominal terms. Nominal GDP shrinkage, adjusted with 3% increase but 15-30% decrease in dollar terms.
Understand the basics. Stop bringing dollar. GDP is not shrinking in nominal terms, GDP increased in nominal terms.
Just because Nominal GDP is published in Dollars by IMF/WB does not mean nominal gdp is shrinking.
>Combined fall in PPP & Nominal GDP for Pakistan, translates to earlier years lvl of goods buying capacity & Per capita income in $ terms, reached few years back. Hence economy going back a decade atleast, every 2-3 years.
What combined ? How did you deduced PPP based on what ?
>Even if assuming a factory in Pakistan who was earlier growing 100 goods, may be growing say 103 ie 3% increase (example for Pak Economy at national lvl at a average). but that 3% increase which will be called 3% GDP growth, cant suffice for half GDP value lost in dollars terms - which is called Nominal GDP.
Wrong. If nominal GDP growth is 10% and inflation is 7% , implies 3% real GDP growth. Factory would be growing 110%.
> cant suffice for half GDP value lost in dollars terms - which is called Nominal GDP.
And thus this is called nominal GDP ? Dude stop writing everything as mugged up answer to exams.
Stick to basics, You dont need economical knowledge, even grammatical meaning is enough to understand things
Ok lets translate what you said in example
You earn 100 & can buy 100 worth of goods this year
If growth is distributed equally, then you earn 103 next year.
This year due to 10% inflation, the same home grown goods cost 110
So you earn 103 next year, but goods now cost 110. And you claim Buying power will increase. Good Joke. You can afford 7% less
Now I Haven't even spoken yet of costlier fuel & imports due to currency devaluation, which further shrink purchasing power over 7% annually for Pakistan - ie even more costlier imports
Really you surprise me, what you say implies GDP growth already includes currency devaluation. And that would also mean any forecast of GDP growth, would mean someone is guessing how much next year currency will devalue or appreciate. Nice
See Rs 100 earning & buying capacity example mentioned above, in ultra simple terms
By the way, are you in any way related to safriz, you remind me of him
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@BlackOpsIndia buddy, interesting tweetI have ever read somewhere that Pakistan army even produces toothpaste in Pakistan. And heavily involved in kidnap from tribals regions for prostitution business controlled by army.
I cant find that article. Or maybe it was a interview by a insider I watched somewhere. But I did find another which states
"In July 2016, the Pakistani senate was informed that the armed forces run over 50 commercial entities worth over $20 billion. Ranging from petrol pumps to huge industrial plants, banks, bakeries, schools and universities, hosiery factories, milk dairies, stud farms, and cement plants"
Source: - Inside Pakistan’s biggest business conglomerate: the Pakistani military
interesting read - exactly as @BlackOpsIndia said
So next time anyone needs a Apple Pie you know who to call in Border region - fresh from Bakery delivery
ring any bells
https://tribune.com.pk/story/1947798/2-pakistans-debt-pile-swell-84-1-gdp-2023/
I could be wrong but India's debt to GDP is around 45 %. So bad so sad
I could be wrong but India's debt to GDP is around 45 %. So bad so sad
Indians are fool, Pakistan is actually getting closure to developed economy.https://tribune.com.pk/story/1947798/2-pakistans-debt-pile-swell-84-1-gdp-2023/
I could be wrong but India's debt to GDP is around 45 %. So bad so sad
e.g Italy has 100% of GDP as debt
Even Japan & UK has 110% of GDP as debt.
"Inshallah, Kashmir banega developed pakistan"