Re: Economic Survey 2013-2014 : Off Target
Growth 8 years high? … check the growth of 2007-08 (or 6 years ago) and you would see that it was much better than today.
I know that Sharif can lie blatantly even when he is in the land of Prophet (SAW), still, can you tell me that when Sharif would stop lying and start appreciating truth? … I mean … for those who have difficulty in understanding … I just want to ask :‘Sharif jhoot bolnay say kab baaz ayea ga?’ 
Well … let see … You yourself posted the figures of growth as under … now check Pakistan statistical department site and check what Sharif claims. For your convenience, I am putting down the figures since 1996-97 (first year of Sharif in power before kicked out by Musharraf).
Let see who we should appreciate when it comes to economy:
year 2007-08 (year starts from 1st July 2007 and ends 30 June 2008) is at best can be called transition year. Musharraf was in control until mid April 2008 … and then PPP got in control from mid April to end June.
[TABLE=“width: 682”]
Mush + Ch Sh
Mush + Ch Sh + Z (TP)
Zardari (PPP)
Nawaz (PMLN)
2006-07
2007-08
2008-09
2009-10
2010-11
2011-12
2012-13
2013-14
Agriculture
3.42
1.81
3.50
0.23
1.96
3.62
2.88
2.12
Industry
7.73
8.47
-5.21
3.42
4.51
2.55
1.37
5.84
Manufacturing
9.03
6.1
-4.18
1.37
2.50
2.08
4.53
5.55
Services
5.58
4.94
1.33
3.21
3.94
4.40
4.85
4.29
GDP
5.54
4.99
0.36
2.58
3.62
3.84
3.70
4.11
Agriculture: Crops, livestock, forestry and fishing.
Industry: Mining and quarrying, Manufacturing, Electricity generation and distribution, gas production and distribution, construction
[Manufacturing is the most important sector of any economy, as that is the engine of real wealth creation in the country. Agriculture is also an important factor, but that is only true for poor countries. As country develops, manufacturing takes over. Rest of economic growth depends on manufacturing (for developed or semi-developed countries … or agriculture for poor countries. Some small countries economy depends on services, especially when services is given to foreigners, like earning from especially tourism]
Services: Wholesale and retail, Transport, storage and communication, Finance and insurance, Housing, government and private services.
GDP and GDP growth: Growth contribution over the relevant year from … Agriculture + Industry + Services.
Complete period of Musharraf (as President) and Chaudhry Shujjat as political leader in power:
[TABLE]
Musharraf plus Chaudhry Shujaat period after election 2002
2002-03
2003-04
2004-05
2005-06
2006-07
2007-08
Agriculture
4.15
2.43
6.48
6.3
3.42
1.81
Industry
4.19
9.29
9.45
5.11
7.73
8.47
Manufacturing
6.9
14.01
15.51
8.65
9.03
6.1
Services
5.22
5.84
6.59
6.49
5.58
4.94
GDP
4.73
7.48
8.96
5.82
5.54
4.99
Let see the state of economy before Musharraf took over:
[TABLE]
Nawaz period before Musharraf takeover
1996-97
1997-98
1998-99
Agriculture
0.12
4.52
1.95
Industry
-0.1
5.3
3.42
Manufacturing
-0.7
6.93
4.01
Services
3.61
1.64
4.99
GDP
1.70
3.49
4.18