Economic survey: no economic target achieved in 2011-12

[firenze]

Re: Economic survey: no economic target achieved in 2011-12

@Ali_Syed

^ even if we consider the inflation the borrowing has increased from 100 to 138 billion dollars, do you think thats normal? In the mean while our foreign debts have also increased from 40 billion to almost 65 billion dollars. That means our combined debt in 60 years was 140 billion dollars which has jumped to 203 billion dollars (jump of 65 billion dollars) in four years, and still no visible sign of improvement.

there is a change of policy few years ago. Government stop borrowing from International Lenders, the great part is our Financial System is powerful enough to provide liquidity and also absorbing the massive money print by Gov.
Given Pakistan underground economy is bigger then documented economy and tax to GDP ratio is stood at 9.7% i am only seeing great potential to become one of the healthy and rich country in two decades if we have best Leaders on top to down.

Also control the population or urbanize your cities on massive scale look at NY, Tokyo & Istanbul.

i wish.