Re: Pakistan at 60 a Well-Written News Article
What a nice feeling:hoonh:, aren’t we lucky? 
Bhai, dollar is dollar, its green and you buy them for around Rs 61 in Pakistan and can spend them in USA if you want to :). Actually, when calculating GNP of Nawaz time (1999), I used official exchange rate of Nawaz time in 1999 (that was Rs 46.80). If I used market exchange rate in 1999, than GDP would have been much lower, as at that time open market rate was hovering around Rs 60 (at one time in 1998, dollars was Rs 76 in open market)
As for rate during Musharraf time, since he let the rupee completely convertible, open market rate and official exchange rate is almost same, thus GNP figures (in dollars) reflects what it really is in dollars.
Chalo, may woh figures bhie day daytaa hoon jiss kee aap baat ker rahay hou:smile:
Yr ..… Ex rt … GDP (Rs) ….. GNP (Rs) …. GDP ($) …. GNP ($)
‘99 … 46.8 … 2938 bn …… 2913 bn … $ 63.5 bn … $ 62 bn
Figures after re-basing:
‘00 … 51.8 … 3778 bn …… 3826 bn…. $ 73 bn …. $ 72.9 bn
‘07 … 60.6 … 8707 bn …… 8868 bn… $ 144 bn … $ 146 bn
So, you can see that GDP also increased from $73 billion in 2000 to $144 billion in 2007. Actually my intention was not to give figures that looks a bit better but the reason was that GNP is actually more meaningful figure of a country’s economical strength (and strength of the well being of the people living in the country), not GDP
Though, I feel that you doubt my intention :). Believe me brother, I am not NS, BB or their chaila chamcha that I would try to misguide anyone 
. Nevertheless, let me give you my reasons so that no doubt remains in your mind :).
GDP is domestic output of a country but a country’s economy (and well being of a country) does not only depend on its domestic output. It also depends on trade, services, and other financial transactions of a country from outside sources (other countries).
For instance, suppose if there is a professional (engineer, doctor, or whatever) working in Pakistan and earning Rs 600000 a year. Thus, he would be contributing Rs 600000 to the GDP for that year. If he leaves to work in another country, Pakistan GDP would go down by Rs 600000. But this professional might have family in Pakistan and sends some money to Pakistan every year (or may send nothing). If (I mean if) this professional sends some money to Pakistan it would effect the well being of his family (and also the country), but that would not show in GDP but it would be there in GNP. Same way, Pakistan trade balance would not show in GDP but it would show in GNP (would reduce GNP if Pakistan imports more than exports, and would increase GNP if exports are more than imports). Similarly cost of any services that Pakistan gets from other countries or gives to other countries would be there in GNP and not in GDP (though that effect the economy and well being of Pakistan … and Pakistani population).
So you can see that GDP is not really proper figure of country’s well being, but GNP is. That is why I quoted GNP, not GDP.
Brother, why I would question your intentions? You are not chaila chamcha of NS or BB that I would question your intentions ;). But I do feel that you find very difficult to accept good works of someone you may not like (for whatever reason). Maybe, you are from well connected family and have a decent life, and sham democracy where rich thugs and crooks represent poor and deprived matters to you more than a dictator that does work for the well being of the country. Probably, you may have this illusion that thugs, crooks, and political actors would do any good for the country (I don’t).
To me, objective is more important than means to achieve that objective [as long as it is not unjust to anyone or is not un-Islamic (not the way retards understand Islam, but the way intelligent and thoughtful people understand Islam)].
On the other hand, I do not think that factory owners can represent factory workers, landlords can represent landless farmers, or those that never worked (and earned their livings) in their life could represent those who if they do not work, they would starve. I do not even think that these thugs and crooks once in power would do any good for poor country like Pakistan. Hence to me, Pakistan could never have democracy as long as such system would be there where only crooks and thugs could come to power. So I do not cry for sham democracy, rather to me a working class army general that do good for the country is 1000s time better than these thugs, crooks, and political actors.