So, you admit you don't know how to calculate the GDP of Pakistan to match figures by WB, IMF and CIA factbook?
- First you did know the average GDP of European countries.
- Later you didn't know how Pakistan averaged 7% GDP growth when world economies were averaging 2% and why Pakistan is now at 2% while China & India average 7%-9%?
- Lastly, you can't understand HOW the World Bank, IMF and CIA Factbook, calculated Pakistan's GDP to $165 billion?
Instead of pressuming things as to what others are capable of, why don't you prove the World Bank, IMF and CIA Factbook figures wrong? Don't run off and prove how these institutions calculated Pakistan's GDP as follows.
IMF - $ 166.515 billion
World Bank - $ 166.545 billion
CIA Factbook - $ 166.500 billion
These international figures are testimony to how wrong you have been all along in your discussions.
Lastly, it's ok if you do not understand how these institutions calculated Pakistan's GDP, don't try drag the topic else where. Thanks
Here comes the admission
This is not your post, someone gave it you and now by hook or crook you have to defend it.
You may claim you are better than Salman Shah so you probaby will be the Finance Minister of next Musharraf Govt, at the bottom of sea.
But fact is that you know nothing about Finance
There are two logical answers to my question,
First one is Govt used a scheme to reduce the size of Black economy if you pay 2.5 percent tax,
Now tell me what is the second answer. Lets see how much you know about finance.
No Ayain Bayain Shayain, simple question and straight forward answer.
Yes, I am worried about her. She is leaving tomorrow and from North to Airport is a dangerous path, but I hope by tomorrow Rehman Malik and IsfandYaar will be in the city and everything will be under control.See this is what we call real friendship. my friend finally agreed with me, he has oblieged me, and I am really happy, Dear Aijaz you are my best friend, Now please accept in same way for bhai also, make me feel more happy, long week end is almost over, and this will be nice way to close long week end.
Lucky you, still single, just keep in touch with Bhabi, news are not really great, my father just called me now, and told me about the current fragile situation.
opinion is a an employee/volunteer for Musharraf party, hopeful of some sorta job with him IF (Allah na karey) Mush comes back in power
It is a simple very simple question based on your sets of facts and I agree with figure but tell me how did you reach from 75 Billion with 7 percent year on year growth to 166 Billion. This is test for you if you can carry on in further discussion with me. Following was my question, don't run away Mr Better than Salman Shah
#32 - QUOTE=GeoG
Numbers Ka Gorakh Dhanda was Musharraf / Shaukat Aziz Specialty
Pak Economy in 1999 was: $ 75 billion
Pak Economy in 2007 is: $ 160 billion
Average claimed Growth rate has been less than 7%, apply that 7% on 1999 and you come to 128 billion not 160 billion
#92 - QUOTE = GeoG Average claimed Growth rate has been less than 7%, apply that 7% on 1999 and you come to 128 billion not 160 billion
Opinion Bhai, if your answer is going to remain the same that IMF, WB and other institutions have endorsed this GDP for Pakistan, tell me when did IMF, WB or other institutions increased or decreased GDP declared by soverign nations. This is just to close the little window you have been trying to jump out to avoid the question.
Pakistan: Letter of Intent, Memorandum of Economic and Financial
Policies, and Technical Memorandum of Understanding to IMF
November 20, 2008
1.In the last decade, Pakistan’s economy witnessed a major economic transformation.
The country’s real GDP increased from $60 billion in 2000/01 to $170 billion in 2007/08 (fiscal year starts July 1st).
Per capita income rising from under $500 to over $1,000.
The volume of international trade increased from about $20 billion to nearly $60 billion.
Real GDP grew at more than 7 percent a year with relative price stability.
If you wish to close the window, you are welcome to do so. Do not keep trying to divert from the topic. You wanted to challenge the statistics? Remain to that.
Apart from WB, IMF and others. Here is admission for you, from your government in charge. In their LoI to the IMF. Now I will go.
2. Pakistan in 1999 was an economy of $75 billion and now in 2007 it is a $160 billion economy.
One should not laugh on other peoples misery but it is laughable now that you are going round and round and giving answer, Accountant Sahib.
Although my question remains outstanding but you have made a few new mistakes, you don’t remember what you have posted in your previous posts.
Now you are stating that GDP in 2000 was 60 Billion, meaning from 1997 when it was 75 billion it went down by 20 percent to 60 Billion in three years.
Get Real Account Sahib,
With this latest set of figures you are claiming GDP of 60 Bln in 2000 to 170 Bln in 2007, a Growth Rate of almost 25 percent
These are national GDP figures not Satta Market Figures.
You test has not finished
What is the second factor one can use for justification of abnormal growth -not in line with GDP Growth figure
I have now started enjoying it because I am sure you know nothing about the subject discussed.
Your misery will end Just say I Don’t Know
One should not laugh on other peoples misery but it is laughable now that you are going round and round and giving answer, Accountant Sahib. Although my question remains outstanding but you have made a few new mistakes, you dont remember what you have posted in your previous posts. Now you are stating that GDP in 2000 was 60 Billion, meaning from 1997 when it was 75 billion it went down by 20 percent to 60 Billion in three years. Get Real Account Sahib, With this latest set of figures you are claiming GDP of 60 Bln in 2000 to 170 Bln in 2007, a Growth Rate of almost 25 percent. These are national GDP figures not Satta Market Figures. You test has not finished. I have now started enjoying it because I am sure you know nothing about the subject discussed.
#78 - Quote GeoG Don't play games, do the averge of 1999 - 2007 and see the result
#32 - Quote GeoG Average claimed Growth rate has been less than 7%, apply that 7% on 1999 and you come to 128 billion not 160 billion
Pakistan: Letter of Intent, Memorandum of Economic and Financial
Policies, and Technical Memorandum of Understanding to IMF
November 20, 2008
In the last decade, Pakistans economy witnessed a major economic transformation.
The countrys real GDP increased from $60 billion in 2000/01 to $170 billion in 2007/08 (fiscal year starts July 1st).
Per capita income rising from under $500 to over $1,000.
The volume of international trade increased from about $20 billion to nearly $60 billion.
Real GDP grew at more than 7 percent a year with relative price stability.
You test has not finished ......... because I am sure you know nothing about the subject discussed.
Why would you even bother with all these fake numbers. Realities on the ground were quite contrary to what Shaukat Aziz was showing in his documents. They are all cook the book experts.
Pakistan: Letter of Intent, Memorandum of Economic and Financial
Policies, and Technical Memorandum of Understanding to IMF
November 20, 2008
In the last decade, Pakistans economy witnessed a major economic transformation.
The countrys real GDP increased from $60 billion in 2000/01 to $170 billion in 2007/08 (fiscal year starts July 1st).
Per capita income rising from under $500 to over $1,000.
The volume of international trade increased from about $20 billion to nearly $60 billion.
Real GDP grew at more than 7 percent a year with relative price stability.
If You read my last ten posts, I am asking you a simple question that how do you reach to a figure of 170 Billion from 75 Billion with less than 7 percent year on year average growth.
After your miserable unease, I have given you one hint, give me the second factor or if in your opinion there are other factors, just put it on an Excel file.
I will not write anything else in this post as you ignore my question.
GeoG:
Why would you even bother with all these fake numbers. Realities on the ground were quite contrary to what Shaukat Aziz was showing in his documents. They are all cook the book experts. Just look at the finances of City Bank. All other Financial Institutions took hit in USA lat year, almost all of them recovered except CityBank. What all these numbers meant when the ordinary people in Pakistan were forced to subsidies the commodoties while the big thugs transfered money in to their foreign Bank Accounts. You are running after illusions, these die hard Musharraf promoters would never admit the truth. Ask them simple question without going to the modalities. when their dictator hero is coming back to Pakistan to rule us again? You will never get a straight answer. Do not fool yourself, GeoG. Musharraf is history. These are " Dil Pishori Talks" . Don't waste your time.
I have told you a several times. I am NOT here to prove YOU anything. I don't know your credentials, no matter what you state. I don't want your wrong and unsubtantiated hints. You are welcome to keep them and reconcile the figures to stated by WB, IMF and GoP.
I have pasted authentic figures by World Bank, IMF, CIA Factbook and lastly, government of Pakistan. Government of pakistan has calculated exactly, what you are challenging.
If can't RECONCILE them with your stated $128 billion, that's your problem, consultant a chartered accountant and he'll teach you. Thanks
QUOTE=GeoG;205922 Lets me ask you the question in a simple way. Based on Year 1999 with GDP of 75 Billion and Average GDP Growth Factor of 7 Percent, what will be the GDP in 2007.Now this is Class 7 question, hope you have not bought a fake degree like me.
#92 - QUOTE = GeoG Average claimed Growth rate has been less than 7%, apply that 7% on 1999 and you come to 128 billion not 160 billion
Pakistan: Letter of Intent, Memorandum of Economic and Financial Policies, and Technical Memorandum of Understanding to IMF
November 20, 2008
In the last decade, Pakistans economy witnessed a major economic transformation.
The countrys real GDP increased from $60 billion in 2000/01 to $170 billion in 2007/08 (fiscal year starts July 1st).
Per capita income rising from under $500 to over $1,000.
The volume of international trade increased from about $20 billion to nearly $60 billion.
Real GDP grew at more than 7 percent a year with relative price stability.
I have sincerely asked you to consult a chartered accountant, if you can't reconcile. Don't run off nor divert the conversation, which you have been trying to do. You have four things to answer:
1- How does average GDP of European economies from 2000-2008 rise to 5% - as claimed by YOU?
2- How come Pakistan's growth rate was 7% when world economies were 2%?
3- How come Pakistan's growth rate is now 2% when India and China still average 7% to 9% ?
4- RECONCILE your stated and WRONGLY calculated $128 billion to the figures authenticated by WB, IMF, CIA factbook and GoP ?
I'll help you out, by stating international figures.
IMF - $ 166.515 billion
World Bank - $ 166.545 billion
CIA Factbook - $ 166.500 billion
This is Government of Pakistan REPLY to YOU. How they multiplied 7% to bring it to $170 bn.
End your misery, and answer these questions above that you have avoided all along. Which I'm sure you can't. Keep your 7 class questions to your classmates. You have some figures to RECONCILE above. I'll keep pasting these international figures until to reconcile them with your expertly stated $128 bn. Good luck bro! Thanks
P.S. The class 7 tag - 'don't run' :)
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