Re: Pakistan Economy Taking off...
economy is taking what off?
Re: Pakistan Economy Taking off...
economy is booming, and poverty is decreasing, there is huge investments going on in pakstan currently, big multi national firms are coming in, jobs are being made, unemployment us decreasing,
if you go around pakistan you will see there are 100s of new buildings u/c, this includes big malls, office buildings, 5 star hotels, thousands of homes etc all of this is creating soo many jobs.
nearly every industry in pak is booming these days, economy is on a big rise. there are internation standard institutions now, schools and colleges have improved, healthcare is also rising.
poverty is decreasing, musharaf had made a project called 'vision 2025', to eradicate all poverty by then. and we all know musharaf always lives up to his words.
GDP growth is to hit 7.4% soon, it will beat indias very soon, KSE has hit 10,000 points, LSE has hit 5000 points, pakistan is offically rising.
Re: Pakistan Economy Taking off...
thats a good sign....lets hope that it remains this way
Re: Pakistan Economy Taking off…
well we have musharaf and aziz right now, they have done an miracle with the economy,
Re: Pakistan Economy Taking off…
I was with you until this.. “GDP growth is to hit 7.4% soon, it will beat indias very soon, KSE has hit 10,000 points, LSE has hit 5000 points, pakistan is offically rising.” 
Now dissect each variable in that equation with some due dili and come back to me. growing at 7% one year and 2% the next year doesn’t make for economic growth kiddo…tell me one world class sector of the economy where Pakistan is the leader in the world and can sustain capital markets and direct investment fluctuations.
Re: Pakistan Economy Taking off…
ohh look who we have here, a bhindi from bhindia
Re: Pakistan Economy Taking off...
^ Ok I'm loking. Now what suhaib maharaj?
ps: if you're real clever I'll make you god
Re: Pakistan Economy Taking off…
Pakistan’s current economic growth is good at the macro level, empowering the government and laying the groundwork for long-term grass roots prosperity.
However, we still have severe short term problems with our high economic growth, hightled in the following quote from a NY Times article.
http://www.nytimes.com/2005/03/23/international/middleeast/23pakistan.html?pagewanted=2
It is Pakistan’s deeply stratified society that makes some analysts skeptical of how and when the spoils at the top will filter down to those among the 150 million Pakistanis who still barely scrape by. A study last December by the Social Policy and Development Center, a Karachi-based research institute, reported that of every rupee of economic growth, 34 percent went to the richest 10 percent of the population, and only 3 percent to the poorest 10 percent.
More economic development is required at the bottom rungs of our society to maintain social stability, given that the majority of the population are at the bottom.
Re: Pakistan Economy Taking off...
Did somebody see the riots at KSE past few days when our soaring KSE index crashed..
I just wonder its the start of a new Ragonization or Trickle down policy with rich people getting richer and poor getting poorer..
and wat kind of indictors our PM given of economic growth were not reli impressive like 'there are more cars being sold' bla bla
and How many ppl in Pakistan afford a car .
Its been 5 years and still lots of drum beating by the policy makers for giving relief to the poor in country and nothing MUCH has materialized..
Re: Pakistan Economy Taking off...
well said booota...i cannot understand tht if we r "progressing" then y poverty rate is increasing..and differences between poor,milddle classes and rich r increasing..this is all fake and a way to make people pagal...infact in recent years,suicide rate has suddenly increased and more worstly,parents r killing their own child due to poverty..all those "blind "supporters of this so called "progress" r being ignorant...karachi stock exchange was bit like a fraud and now index is going amazingly ....evev when index was 10,000 then whts the big deall...even a baccha baccha knows tht memon r king of stock exchange...
Re: Pakistan Economy Taking off...
Any 'good' news is always welcome. But sadly this must be taken with a pinch/spoonful of salt.
Poverty rates still increasing, still same old problems in Pak land.
Last few years 'growth' has been because of alliance with US.When the US decides to drop Pakistan as an ally, then we're in trouble.
Re: Pakistan Economy Taking off...
Although the facts on the ground do speak for themselves.. Right kind of growth or not, Pakistan is definently growing. Go Anywhere in Pak, and you see it for yourself. In Pindi alone they say there are more cars on the streets everyday... Now if people couldnt afford these new cars, then they wouldnt be buying cars.