Economy growth: well short of the government’s target

[Silaaj]

Re: Economy growth: well short of the government’s target

@desert_bird

Pak Energy/Power sector is bleeding, thanks to PPPP policy of** IPPs (1993-1996) **that our Manufacturing (LS or SS) cant compete in the market with cost of Rs.17/KWhr .

Also thanks to General Musharraf for not adding any Mega Power Project/Hydel Dam and “Consumerism Bubble” ultimately bursted with artificial growth without any long term and structural reforms.

Miracles are what PMNL promised itself, and has been gradually backing out of them under the slogan of ‘joshe khitabat’. As for PPP policy of IPPs, have you bothered to look at the ‘billions of dollars’ of MOUs signed by PMLN? All of them are economically same, or worse than the agreement with IPPs.

The current govt has blown an equally big bubble, fueled by heavy loans. Wait for it to pop.

Targets hmesha zyda rkhe jate hain , reality aur hoti hai considering the obstacles and fluid situation on ground

Its the other way around dude. Targets are always kept at soft levels, so that they are easier to match.

In any case, none of this is surprising. Ishaq Dar is known for magical numbers, followed by bankruptcy.