Re: Pakistan Plan Seeks Decade-High Growth:Bloomberg
GDP was revised by the govt itself to 4.3%, while independent economists have termed the actual growth rate at 3.1%. Its about time we shifted away from feel-good fake numbers, and smelled reality.
The way FBR has achieved its target is also not best practice in terms of finance. Whats sad, rather almost shameful, is the fact that despite a monstrous drop in the price of oil, we have virtually nothing to show for it. Govt saved $7 billion on oil bills, yet the fiscal health of the country remains questionable…still dependent on loans.