Re: Former US President Clinton gives Karachi a clean ‘bill’ of health.
Mashallah. For a third world country run by a so-called dictator, Karachi and other cities have done well.
I am sure Karachi will remain the goose that lays golded eggs for Pakistan, and continue to contribute 60% or above towards Pakistani GDP.
God Bless Pakistan. 
Re: Former US President Clinton gives Karachi a clean ‘bill’ of health.
Hey for this 60% gdp share, Karachi needs input from the up-country viz. cotton, rice, other minerals, gas etc. So please do not say “Karachi works, rest of the country eats”.
Re: Former US President Clinton gives Karachi a clean ‘bill’ of health.
Mr Aalsi,
Can you give me your source of this 60% of GDP ranting…
It seems totally unrealistic…60% of GDP means 72 billion dollars…
From where did you get these figures???
Per capita income of US dollar 4800…
Compared to Pakistan per capita income of US$750 including Karachi…
Means minus Karachi US$ 330 per person…
I desperately want to see your source of this genius data which you are ranting at the rate of 1000 times per day…
Karachi is masahllah doing very well, may be much better than the rest of Pakistan at the moment but for God’s sake do not down play the rest of Pakistan with your foolish rantings…
Re: Former US President Clinton gives Karachi a clean ‘bill’ of health.
Exactly Yazdi!
Re: Former US President Clinton gives Karachi a clean ‘bill’ of health.
Read this
http://www.dawn.com/2006/02/21/ebr3.htm
Sindh, Balochistan’s share in GDP drops
By Sabihuddin Ghausi
KARACHI, Feb 20: A research study spread over 28 years of the provincial accounts of Pakistan from 1972-73 to 1999-2000 has found a gradual pauperization of the two southern provinces —- Sindh and Balochistan -— and a corresponding rise in prosperity in the two northern provinces -— Punjab and the NWFP.
Punjab’s share in the gross domestic product has increased by two per cent to 54.7 per cent. The NWFP has by and large maintained its share between 11.4 and 11.7 per cent, but the two southern provinces — Sindh and Balochistan — showed a decline by about one per cent each. Sindh’s share in the GDP dropped to 30.2 per cent from 31 per cent and that of Balochistan to 3.7 per cent from 4.5 per cent.
This result of the provincial GDP growth is corroborated in per capita terms during the 28 years period. Punjab’s per capita GDP showed a rise of 2.4 per cent a year, followed closely by the NWFP where it is 2.2 per cent. But Balochistan’s per capita showed an insignificant growth of 0.2 per cent. Sindh’s per capita growth is 1.7 per cent.
“However, it is not clear as to how the result would emerge if Karachi is excluded,” observe two authors -— Kaiser Bengali and Mahpara Sadaqat -— of a study on “Provincial Accounts of Pakistan: Methodology and Estimates 1973-2000”.
Released by a well-known private research consultancy, the Social Policy and Development Centre (SPDC), the authors have pointed out their difficulties in construction of the provincial GDP. “In Pakistan, regional analysis and publication of regionally disaggregated have been officially discouraged, rendering the present task all the more difficult,” the report states, pointing out that success of the regional accounting exercise depends on its official adoption.
The study reveals Punjab’s increase in share of livestock, fishing, forestry, small-scale manufacturing, construction, road transport, communications, wholesale and retail trade, banking and insurance, public administration and defence and services. “The result is indicative of the diversification of the Punjab economy,” it says.
The robust growth in livestock and fishing points has brought about a slight reduction of the dominance over the crop sector in the rural economy of Punjab. In large-scale manufacturing, although its share remains more or less constant, the sector reports a healthy five per cent plus growth. Communications, wholesale and retail trade, banking and insurance and services sectors showed a growth ranging between six and 11 per cent. “These are indicators towards a potentially strong and modern economy,” the report observes.
According to the report, Punjab’s share in the wholesale and retail trade during 28 years had increased from 43 per cent to 50.3 per cent, communications from 46.4 per cent to 53.3 per cent, banking and insurance from 42.1 per cent to 51.9 per cent, services from 52.1 per cent to 62.7 per cent, and defence and public administration from 51.8 per cent to 55.3 per cent.
Sindh’s share has increased in major crops, livestock, mining and quarrying, rail transport, air transport and wholesale and retail trade. The growth in major crops has been attributed to a significant improvement in yields and partly to sharp rise in sugarcane output. The growth in the mining and quarrying sector indicates that the province has emerged as depository of gas, oil and coal reserves and is now the energy powerhouse of the country.
The study has found Sindh’s share in the large-scale industry and wholesale and retail trade constant, with both the sectors reporting a five per cent plus annual growth. It explains that this is because “Karachi continues to occupy the comparative advantage on account of location of the port, although it may be losing its pre-eminent position in modern tertiary sectors”. “The rest of Sindh appears to be regressing towards a narrow primary commodities centred economic base,” is the bottom line of the report.
The NWFP and Balochistan economies are small relative to those of Punjab and Sindh and according to the report, the growth rates are somewhat misleading on account of low base that the two economies commenced in the early 1970s. Balochistan appears to at best to remain trapped in a low-level equilibrium and at worst regressing further into under-development.
The report explains a decline in major crops share in Punjab and an increase of more than double in Sindh. In Sindh, sugarcane output increased by two and half times, while per acre yield of rice, cotton and sugarcane increased significantly faster than Punjab.
Another aspect of the report is that Balochistan’s per capita GDP was higher than the NWFP during 1973 to 1979 after which NWFP’s GDP per capita increased. The report raises doubts about the accuracy of 1972 population census of Balochistan where a significant part is nomadic.
The article illustrates total Sind share in GDP at 30.2% including Karachi…
Re: Former US President Clinton gives Karachi a clean ‘bill’ of health.
The figure of 70% comes from taxes and duties the govt collects. As the whole trade in Pakistan is routed through Karachi, the share of Karachi's indirect taxes is the lion's share. But the fact is that , except, salaried class people nobody is ready to pay direct taxes in Pakistan.
Re: Former US President Clinton gives Karachi a clean ‘bill’ of health.
The figure of 70% comes from taxes and duties the govt collects. As the whole trade in Pakistan is routed through Karachi, the share of Karachi's indirect taxes is the lion's share. But the fact is that , except, salaried class people nobody is ready to pay direct taxes in Pakistan.
Can you quote your source please....
70% tax collection only from Karachi, I doubt it totally..
Let me do some research as the last time I read somewhere in CBR records that largest tax collection is from Punjab even including custom duties and sales tax.....
Re: Former US President Clinton gives Karachi a clean ‘bill’ of health.
Checking the CBR link given below the figures for income tax zone wise:
http://www.cbr.gov.pk/YearBook/2001-02/StatisticalTables.htm
The figures show Karachi contributes 48% of total income tax collected in the country.
However to consider this 48% as total tax contributed solely by Karachi is injustice as for example PSO, Habib Bank, OGDC, ICI, and many many other large companies who do their business everywhere in Pakistan file their tax returns in Karachi…
Therefore it is totally false that people of Karachi pay bulk of the taxes in Pakistan…The real contribution of Karachi is not more than 20% in the total cake which is already high considering Karachi is 12% of the population. However people of Karachi are also better off compared to the rest of Pakistan and therefore it is only but fair if they are contributing more than their population percentage…
However I do not want to undermine the contribution of Karachi in our national economy…
The fact is economy of Karachi is too much dependant on the rest of Pakistan and vice versa…
Re: Former US President Clinton gives Karachi a clean ‘bill’ of health.
Karachi collects most of the import duties. Moreover, Karachi's share of direct taxes is the more than anyother city in Pakistan. When we detuct taxes from the salary of our branch people in other cities, they make noise that none deducts taxes here.
Re: Former US President Clinton gives Karachi a clean ‘bill’ of health.
48% income tax collection is by all means a very huge figure. But that mainly comes from deduction of income tax at import stage. I once again retierate that nobody is willing to pay taxes in Pakistan.
It is only deduction at source which is contributing towards Pakistan's revenue collection.
Re: Former US President Clinton gives Karachi a clean ‘bill’ of health.
Not at all, Karachi eats aswell.
God Bless Pakistan.
Re: Former US President Clinton gives Karachi a clean ‘bill’ of health.
Bhaijan, figures were quoted in this very forum. I believe everthing I read on GS. Don’t You?
Karachi is the economic powerhouse of Pakistan. It is a shame that rascist people on GS only to refer to Karachites as terrorists. They need to grow up and smell the coffee.
God Bless Pakistan.
Re: Former US President Clinton gives Karachi a clean ‘bill’ of health.
48% income tax collection is by all means a very huge figure. But that mainly comes from deduction of income tax at import stage. I once again retierate that nobody is willing to pay taxes in Pakistan.
It is only deduction at source which is contributing towards Pakistan's revenue collection.
Yes income tax deducted at source at import stage also contributes to 48%...
As I said the real contribution of Karachi in direct taxes is not more 20%, which is realistically speaking a very high percentage.
Indirect taxes depend on the consumptions and not where they are collected. As contribution of Sind in GDP is close to 30.2% therefore one can safely conclude the share of Sind in indirect taxes will also be close to that figure....
Re: Former US President Clinton gives Karachi a clean ‘bill’ of health.
Kindly quote the source who quoted those figures on GS. I think it was you only.
Who is declaring you a terrorist.
Who is denying Karachi is not the economic power house of Pakistan.
I am myself a born Karachiite, although I don’t live there anymore.
And who are those rascist people???
It’s high time you grow up…
Re: Former US President Clinton gives Karachi a clean ‘bill’ of health.
Aalsi, you have no idea about what youre talking about so just stick to posting gaad bless the jhanda... All the textile market/industry and imports routed through Karachi wouldnt work if it didnt get any raw materials...
Re: Former US President Clinton gives Karachi a clean ‘bill’ of health.
^ Rest of the world has port cities tax the goods that pass through it or through the port unlike karachi. Punjab has grown on the tax collected in karachi. Come on people, do you think rurals in punjab pay tax? It is only after the eighties that cities started appearing in punjab.
Re: Former US President Clinton gives Karachi a clean ‘bill’ of health.
Sirf pir sahab khuzoor..
Re: Former US President Clinton gives Karachi a clean ‘bill’ of health.
God Bless the continued success of karachi.
God Bless Pakistan.
Re: Former US President Clinton gives Karachi a clean ‘bill’ of health.
Which sucess are you talking about? pollution, load shedding, sewer mix with drinking water, falling fly overs, traffic jams,foul smell in posh areas such as Bath Island, garbage every where, crimes, theft of cars and cells, or terrorism and bhutta wasooli continued by your favorite and blessed party supported by blessed Mush.......
Re: Former US President Clinton gives Karachi a clean ‘bill’ of health.
You people are so divided.