Statistical Comparison Between Musharraf and Preceding Governments

Society Pakistan & World Affairs
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Re: Statistical Comparison Between Musharraf and Preceding Governments

Lets talk about the unprecedented inflation too...

Last year in July 07, the posted inflation was at almost 10-11%.

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Re: Statistical Comparison Between Musharraf and Preceding Governments

^^ What was the inflation rate in the 90's? Better than the 2000's or worse? Its on the last page, check it out.

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Re: Statistical Comparison Between Musharraf and Preceding Governments

I dont have time to go through every year, but this is what the last NS govt before Mush left us with:

3.6 2.2 4.7 3.5 1.8 1.8

now the new economic survey is out but im not sure whether its online or not, but the 06-07, which doesnt reflect the disastrous economic situation under Musharraf/pml[q]'s last year states:

7.9 10.2 6.2 6.0 6.9 11.1

Keep in mind it will be higher in the 07-08 survey, which is what hte outgoing PML[Q] govt left with.

Its a well known fact that there has been unprecedented inflation in the last few years, just ask anyone in Pakistan about it.

Pakistan v England 2nd Test - 25-29 January 2012
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Per capita income tops US$1,000 for the first time
http://www.dailytimes.com.pk/default.asp?page=2008\06\11\story_11-6-2008_pg1_2

** Govt releases Economic Survey 2007-08

  • Growth down to 5.8pc
  • Agriculture output grows 1.5pc, manufacturing 5.4pc
  • Inflation in 10 months stood at 10.3pc*

ISLAMABAD: Strong growth in service industries and consumer spending increased Pakistan’s per capita income to more than $1,000 for the first time, and prevented a sharper slowdown in the 2007-08 fiscal year, according to the Pakistan Economic Survey released on Tuesday.

But an un-sustained growth pattern was not able to save the economy from political and economic shocks, and Pakistan’s economy missed the 7.2 percent growth target fixed for fiscal year 2007-08. Rescued by the services sector, the Gross Domestic Product (GDP) growth stood at 5.8 percent – even lower than the revised downwards target of 6.8 percent because of the rising oil and food prices, continued political uncertainty and law and order problems.

Agriculture output: Giving details on the economy, Finance Minister Syed Naveed Qamar said agriculture output grew only 1.5 percent in the current fiscal year because of poor results from Pakistan’s main wheat and cotton crops.

Manufacturing: Manufacturing grew by 5.4 percent, hampered by capacity problems, power shortages and law and order disturbances. The services sector grew by a higher-than-expected 8.2 percent against the target 7.1 percent, being the main driver of GDP growth, the survey said.

Inflation: Inflation in the first ten months of the fiscal year was 10.3 percent, driven by rising oil and food prices but also by a sharp increase in government borrowing from the central bank.

Qamar said public debt was 53.5 percent of the GDP at the end of this fiscal year, compared with 55.2 percent in June 2007.

External debt liabilities rose from $40.5 billion to $45.9 billion due to a rise in the oil prices and higher prices and increased import of food. Tax collection by the end of June is likely to be at Rs 1 trillion, missing the target of Rs 1.025 trillion. Exports grew by 10.2 percent between July 2007 and April 2008 but the overall export target is likely to be missed. Imports increased by 28.3 percent between July and April. sajid chaudhry/agencies

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Re: Statistical Comparison Between Musharraf and Preceding Governments

GoldenAsif just bowled out Spock's usual anti-pakistan rantings. If the current govnt can keep it on track and recover from the laaaang marches of the black coats and bombs of the jihadis, there still could be hope in sustaining the progress of the Mush-Shaukat years.

46

Your own chart shows exports still going up in 07?

http://www.paklinks.com/gsmedia/files/59473/Export_Import_1990_2007.JPG

Or is the chart wrong?

47

aasmaan se naazil hoay hain aapko yeh muashi adaad-o-shamaar ? Provide proper referrences. You put inflation figures for one FY, ironically, the same period in which Musharraf came in to power, and remained in power for three quarters of the fiscal year - How nice! Shouldn’t the credit therefore be given to Musharraf ? Why don’t you put the inflation rates for the previous fiscal years, 96-98, the same periods in which the Great NS reigned. Or are you too embarrassed by the fact that they were even higher than Musharraf’s era?

Not to forget the Beghairat Bhutto who couldn’t even get the rates down to single digits.

Check table 8.3 of 06/07 economics survey.

Musharraf’s era seems to be far better, with respect to inflation, if you compare it the 1990’s. I’ve already posted the averages for both era on the previous page. Why don’t you comment on those?

Lastly, the current statistics are not valid for comparison, due to political turmoil caused by the returning of the great thugs of the 90’s.

Now this is one response from Spock, that I am eagerly awaiting :smiley:

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Spock: When I asked one PNL(N) leader that why Ahsan Iqbal, Ishaq Daar, Nawaz Shareef and other leaders of PML(N) lie so much blatantly, he told me with smiling face that they lie because Pakistan is not educated West and that most Pakistanis are ignorant stupid idiots with short memories and do not care about truth.

Now it seems that you believe that most guppies are also ignorant stupid idiots with short memory and do not care about truth :slight_smile:

Just imagine a set of figures full of lies you want to sell to guppies. What you think? Are guppies also ignorant stupid idiots with short memories and do not care about truth?

Here is figure of Pakistani inflation with proper reference. Actually, I gave the figures 6 months ago, surprisingly in response to your post at that time too (shows that your posting of fabricated figures was intentional as you know that you are posting fabricated figures). But it seems that just like PML(N) leaders who think that Pakistani masses are ignorant stupid idiots with short memory and do not care about truth, you think the same about Guppies. :slight_smile:

http://www.paklinks.com/gs/showpost.php?p=5590657&postcount=26

Reference for figures:
http://www.statpak.gov.pk/depts/fbs/statistics/yearly_inflation/yearly_inflation.html

**Here is Pakistan Inflation figures from Pakistan statistical department [for comparison … I am giving inflation figures of 8 years immediately before Musharraf period (1991-1999) and then 8 years once Musharraf period started (1999-2007)]: **

Consumer price inflation rise in percentage (this is usually considered for a country as actual inflation figure):

Period of corrupts (NS and BB):
Period… … … CPI
1991-1992 … 10.58
1992-1993 … 9.83
1993-1994 … 11.27
1994-1995 … 13.02
1995-1996 … 10.79
1996-1997 … 11.80
1997-1998 … 7.81
1998-1999 … 5.74

1991-1999 (8 years) … 115.66 percent (average inflation of 10.1 percent a year)

Or what Rs 100 could have bought (goods and services) in 1991, it was costing Rs 215.66 in July 1999 (that is the price increase over 8 years … 115.66 percent)

Musharraf period starts
1999-2000 … 3.58
2000-2001 … 4.41
2001-2002 … 3.54
2002-2003 … 3.10
2003-2004 … 4.57
2004-2005 … 9.28
2005-2006 … 7.92
2006-2007 … 7.77

So during last 8 years, overall inflation in goods and services was:
1999 -2007 (8 years) … 53.44 percent (average inflation of 5.5 percent a year) that is less than half of what it was during previous 8 years of rule by corrupts (when prices increased by 115.66 percent).

Or what Rs 100 could have bought (goods and services) in 1999, it ws costing Rs 153.44 in July 2007 (that is the price increase over 8 years … increase of 53.44 percent)

Sensitive price inflation rise in percentage (that affects poor most):

Period of corrupts (NS and BB):
Period… … … SPI
1991-1992 … 10.54
1992-1993 … 10.71
1993-1994 … 11.79
1994-1995 … 15.01
1995-1996 … 10.71
1996-1997 … 12.45
1997-1998 … 7.35
1998-1999 … 6.44

1991-1999 (8 yeears) … 123.82 percent (average Sensitive price inflation of 10.6 percent a year)

Or what Rs 100 could have bought in essentials (goods and services for poor) in 1991, it was costing Rs 223.82 in July 1999 (that is the price increase over 8 years … increase of 123.82 percent)

Musharraf period starts:
1999-2000 … 1.83
2000-2001 … 4.84
2001-2002 … 3.37
2002-2003 … 3.58
2003-2004 … 6.83
2004-2005 … 11.55
2005-2006 … 7.02
2006-2007 … 10.82

1999-2007 (8 years) … 61.55 percent (average Sensitive price inflation of 6.2 percent a year)

So during last 8 years, overall inflation in sensitive goods and services (related to essentials) was:
1999 -2007 … 61.55 percent that is less than half of what it was during previous 8 years of rule by corrupts (when prices increased by 123.82 percent).

Or what Rs 100 could have bought in essentials (goods and services for poor) in 1999, it was costing Rs 161.55 in July 2007 (that is the price increase over 8 years … increase of 61.55 percent)

Further reference regarding inflation and other economical data of Pakistan for those who would like to see presentation in graphs (these graphs were presented in 1998, much before Musharraf came to power). It shows performance of Pakistani economy from 1990-1998:

http://www.milkeninstitute.org/pdf/asia_pakistan.pdf

Pakistan real GDP growth (1980-98)
Pakistan inflation (1989-98)
Cost of servicing Pakistani external debt as percentage of export (1975-97)
Pakistan exchange rate - rupee devaluation (1989-98)
Karachi stock Market index (1989-98)
Pakistan foreign exchange reserves variation (1980-98)
Current account balance as percentage of GDP (1980-96)
Growth in manufacturing production (1980-97)
Official unemployment rate (1991-97)
Pakistan budget deficit as percentage of GDP (1990-97)

At the end of that web site:
FDI (1984-97)
Pakistan external debt (dollar debt) as percentage of GDP (1989-98)
Pakistan total debt as percentage of GDP (1992-98)

49

Altaf bhai, I am sure you didnt learn this in 9-0, but look at where the yellow line is going, and look at where the blue line is going, and do you see the LARGE gap between the two, which is only there in the last 5-6 years. That is called a trade deficit, and that is what I proved to you is a BAD thing, the post you conveniently ignored. The unprecedented trade deficit is at new heights today.

http://www.nation.com.pk/pakistan-news-newspaper-daily-english-online/Business/11-Jun-2008/Trade-deficit-enlarges-to-1875b-mark-in-11-months
Trade deficit enlarges to $18.75b mark in 11 months

KARACHI - The trade deficit of the country enlarged to an unbelievable mark of 18.756 billion dollars in first 11 months of the current financial year.
The trade deficit is higher by 52.35 per cent or 6.445 billion dollars when matched with such deficit in last fiscal during July-May period, when it stood at 12.311 billion dollars. The trade imbalance is double than the liquid foreign exchange reserves with the State Bank of Pakistan (less than 10 billion dollars).
The exports have marked 11.37 per cent growth from July-May FY08 and settled at 17.186b dollars as against 15.432b dollars in the same period of FY07. In 2006-07, the trade deficit of the country stood around $13.40b only.
The imports, however, showed 29.56 per cent increase and stayed at 35.943 billion dollars vis-a-vis 27.743 billion dollars in 11 months of the previous fiscal year.
In rupees, the exports showed 14.47 per cent growth in 11 months of this fiscal while the imports reflected 33.25 per cent growth and the trade deficit exhibited 56.77 per cent increase.
In May 2008, the exports showed 22.81 per cent increase and amounted to 1.946 billion dollars as against 1.584 billion dollars in the same month last year. The imports last month surged by 41.22 per cent and settled at 3.883 billion dollars, from $2.75 billion in May 2007.
According to latest foreign trade update of the Federal Bureau of Statistics for July-May FY08 period, the trade deficit in May this year had mounted to 1.937 billion dollars, from 1.165 billion dollars in May last year.
Interesting to mention is that the current account deficit of Pakistan had widened to beyond 12 billion dollars in 10 months of the outgoing financial year mainly because of an unprecedented growth in the trade deficit and less than projected inflows of the foreign exchange. Resultantly, the foreign exchange reserves of the country, which hit the highest mark of 16.40 billion dollars in October 2007, have gradually depleted to below 12 billion dollars this month. The trade deficit and the imports have breached the budgetary projections as the federal government had anticipated deficit around 16 billion dollars and imports around 32 billion dollars.
The overall trade deficit of Pakistan in FY08 is expected to be well over 20 billion dollars by June 2008 as the monthly trade deficit had been hovering around two billion dollars mark during the past few months.

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Go ask the people which era they like, and they clearly showed you in the February elections?

Time pass
51

Backtracking I see. We have already explained to you what a trade deficit means in real terms. You said exports were declining because you forgot how to read that chart in your zeal to get some little possibly negative stat in this thread against the dozens of positive stats from Mush's rule.

Also, where did you get the data for that chart? Just want to get raw data myself.

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Re: Statistical Comparison Between Musharraf and Preceding Governments

So the record deficit of 18.756 billion is a positive aspect of the Musharraf Govt? :hehe:

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Exports declined by how much again? We can keep going in circles since you fail to understand basic economic principals.

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Re: Statistical Comparison Between Musharraf and Preceding Governments

Yes, when the imports go way up exponentially and the exports fail to keep up (declined), thats when you get a trade deficit of 18.756 Billion dollars, which you some how consider a good thing.

Friendliest people
55

Re: Statistical Comparison Between Musharraf and Preceding Governments

Why does the US have a trade deficit despite being a superpower? Has it's economy collapsed yet?

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Re: Statistical Comparison Between Musharraf and Preceding Governments

Are you saying we are a superpower and can take this up the tail pipe like the US? This 18.56 billion dollar deficit deficit will not come out of altaf's rear

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Re: Statistical Comparison Between Musharraf and Preceding Governments

Sorry that you can't get basic economic theory.

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Energy crisis?

::::::

SABAKZAI DAM PROJECT

MIRANI DAM PROJECT

MANGLA DAM RAISING PROJECT

THAL FLOOD WATER CANAL

RAINEE CANAL PROJECT

BASHA DIAMER DAM PROJECT

SATPARA DAM PROJECT

SEHWAN BARRAGE COMPLEX PROJECT

GREATER THAL CANAL PROJECT

SANJWAL DAM

KURRAM TANGI DAM PROJECT

KALAM

NAULANG DAM PROJECT

HINGOL DAM PROJECT

CHASHMA RIHGT BANK CANAL PROJECT

RAINEE CANAL PROJECT

AKHORI DAM

GAJ NAI DAM

KALABAGH

YUGO

SKARDU DAM PROJECT

BAHTAR

DHOK PATHAN

ROHTAS

KHADIJI

GOMAL ZAM DAM PROJECT

MITHANKOT BARRAGE/ KACHHI CANAL PROJECT

KACHI CANAL PROJECT (KCP)

RIGHT BANK OUT FALL DRAINAGE PROJECT (STAGE-1) (RBOD-I)

BALOCHISTAN EFFLUENT DISPOSAL INTO RBOD (RBOD-III)

CONSTRUCTION OF 444 DRAINAGE TUBEWELLS IN MIRPUR KHAS (UNDER NDP)

WINDER STORAGE DAM PROJECT.

SUKLEJI DAM PROJECT

NAI GAJ DAM PROJECT

CHASHMA JHELUM LINK CANAL PROJECT.

(WAPDA)

All initiated under Musharraf’s era. Go ahead, click on the link, and check the dates when they were initiated.

The total estimated cost of the major dams is over $32b.

Water Sector Projects

  1. AKHORI DAM
  2. BAHTAR
  3. BALOCHISTAN EFFLUENT DISPOSAL INTO RBOD (RBOD-III)
  4. BASHA DIAMER DAM PROJECT
  5. CHASHMA JHELUM LINK CANAL PROJECT
  6. CHASHMA RIHGT BANK CANAL PROJECT
  7. CONSTRUCTION OF 444 DRAINAGE TUBEWELLS IN MIRPUR KHAS (UNDER NDP)
  8. DHOK PATHAN
  9. GOMAL ZAM DAM PROJECT
  10. GREATER THAL CANAL PROJECT
  11. HINGOL DAM PROJECT
  12. KACHI CANAL PROJECT (KCP)
  13. KALABAGH
  14. KALAM
  15. KHADIJI
  16. KURRAM TANGI DAM PROJECT
  17. MANGLA DAM RAISING PROJECT
  18. MIRANI DAM PROJECT
  19. MITHANKOT BARRAGE/ KACHHI CANAL PROJECT
  20. NAI GAJ DAM PROJECT
  21. NAULANG DAM PROJECT
  22. RAINEE CANAL PROJECT
  23. RIGHT BANK OUT FALL DRAINAGE PROJECT (STAGE-1) (RBOD-I)
  24. ROHTAS
  25. SABAKZAI DAM PROJECT
  26. SANJWAL DAM
  27. SATPARA DAM PROJECT
  28. SEHWAN BARRAGE COMPLEX PROJECT
  29. SKARDU DAM PROJECT
  30. SUKLEJI DAM PROJECT
  31. THAL FLOOD WATER CANAL
    32. WINDER DAM PROJECT
  32. YUGO

Hydropower Projects

  1. ABBASIAN
  2. ALLAI KHWAR HYDROPOWER PROJECT
  3. AZAD PATAN4. BASHO HYDROPOWER PROJECT](http://www.wapda.gov.pk/vision2025/htmls_vision2025/basho.html)
  4. BUNJI HYDROPOWER PROJECT
  5. CHAKOTHI
  6. CHASHMA HYDROPOWER PROJECT
  7. CHOR NULLAH SYSTEM
  8. COMBINED CYCLE
  9. DASU HYDROPOWER PROJECT
  10. DOYIAN
  11. DUBER KHWAR HYDROPOWER PROJECT
  12. GOLEN GOL HYDROPOWER PROJECT
  13. GULPUR
  14. HARPO HYDROPOWER PROJECT
  15. JABBAN HYDROPOWER PROJECT
  16. JINNAH HYDROPOWER PROJECT
  17. KALABAGH
  18. KAROT
  19. KEYAL KHAWAR HYDROPOWER PROJECT
  20. KHAN KHAWAR HYDROPOWER PROJECT
    22.KOHALA HYDROPOWER PROJECT
  21. LAKHRA COAL
  22. LAWI HYDROPOWER PROJECT
  23. MAHL
  24. MALAKAND
  25. MATILTAN
  26. MUNDA
  27. NARAN
  28. NEELUM -JHELUM HYDROELECTRIC PROJECT
  29. NEW BONG/ UJC32. PALAS VALLEY HYDROPOWER PROJECT
    33.PATAN HYDROPOWE PROJECT
  30. PATRIND
  31. PEHURE HIGH LEVEL HYDROPOWER PROJECT
    36. PHANDAR HYDROPOWER PROJECT](http://www.wapda.gov.pk/vision2025/htmls_vision2025/phandar.html)
  32. RAJDHANI
  33. SPAT GAH SYSTEM
  34. SUKI KINARI
  35. SUMMAR GAH HYDROPOWER PROJECT
  36. THAKOT HYDROPOWER PROJECT
  37. THAR COAL / GAS
  38. YULBO HYDROPOWER PROJECT

All of these projects were planned/initiated after Musharraf came in to power. Should I blame the previous governments for not realizing Pakistan’s power/water problems?

Snow in Murree
59

Re: Statistical Comparison Between Musharraf and Preceding Governments

And yet we have unprecedented load shedding, another hall mark indeed.

60

How long does it take to construct an operational, decent sized dam/project such as one of these? First figure this out, then tell us about load-shedding.

I blame the previous governments for not doing something about future-power demands. Or may they thought that Pakistan will never develop to such an extent that the demand for power would be this high? :D Had they've intiated EVEN A SINGLE such project during their rule, there may have just been a little more power in Pakistan today.