Barclays gets licence to operate in Pakistan

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Re: Barclays gets licence to operate in Pakistan

@suhaib

yep, like goldman sach, JPmorgan, world bank, CNBC, lehman bros and all world leading economist, barclays are also idiots.
even bigger idiots then them are all those multinational companies which are pouring money into pakistan like it waters, soon FDI will hit $50 billion in pak, and the whole world will be considered idiots, the only sane people left in this world are ganja and motarma.

As always Suhaib, you miss the point… JP MORGAN, WORLD BANK, and all others refer to the economy on the surface as a whole. They say the economy grew, no doubt…
I agree…

The conflict here is over the nature of the growth… The NATURE OF THE growth was such that it excluded a large number of people, its was isiolated to certain parts of the country, and it comprised sectors of the economy that dont really provide mch in terms of employment.

The fact that Pakistans economy has excluded so many means that the rich poor gap has widened. So while on the surface Pa economy has grown, its hasnt benefited anyone but some 10-12 percent of the country.