Pakistan Economy Better Than India - Bloomberg

abhay

MPA (400+ posts)
[QUOTE = rtabasum2; 3380622] [QUOTE = burger1; 3380618] I do not think I made ​​the rounds of the Register Takri

;)

[video = youtube_share; VGSL6mVQd4k] https://youtu.be/VGSL6mVQd4k [/ video] [/ QUOTE]


I do not know you trying to say but yeh hath aapko nahi mil sakte iske Intellectual Property Rights India ke pass hai. : Biggthumpup:
 

abhay

MPA (400+ posts)
The bloomberg report never mentioned that our Economy has grown better than india rather it states that the growth prospects are better compare to India.

Our Economy has hardly recovered from years of downward trend , inflation etc . We know india is growing at appox 7 to 8 percent and ours hardly 4% and this year the estimate is around 5.3% i guess -

But in the years ahead our growth prospects are much better..


IMF cuts Pakistan’s growth forecast to 2.6%

By Reuters / Web Desk
Published: July 9, 2015

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IMF has sliced Pakistan's expected growth rate by 0.3 per cent to 2.6 per cent for 2015 as compared to 2.9 per cent projected in April this year. PHOTO: AFP

WASHINGTON: The International Monetary Fund on Thursday revised its forecast for Pakistan’s economic growth down to 2.6 per cent for 2015.
The IMF in its World Economic Outlook report for July, it has sliced Pakistan’s expected growth rate by 0.3 per cent to 2.6 per cent for 2015 as compared to 2.9 per cent projected in April this year.
However, the IMF’s forecast for Pakistan’s growth in 2016 remained unchanged at 3.8 per cent.
Read: After Moody’s, S&P upgrades Pakistan’s credit ratings
On the global front, it trimmed its forecast for global economic growth for this year to take into account the impact of recent weakness in the United States.
But the global financial institution said growth prospects for next year remain undimmed, despite Greece’s debt crisis and recent volatility in Chinese financial markets.
In an update to its World Economic Outlook report, the IMF said the global economy should expand 3.3 per cent this year, 0.2 percentage point below what it predicted in April. Growth should speed up to 3.8 per cent next year, it said, unchanged from earlier forecasts.
The IMF pinned much of the blame for the lower growth forecast on the United States. The US economy contracted in the first quarter, hurt by unusually heavy snowfalls, a resurgent dollar and disruptions at West Coast ports.
Read: Greece ‘No’ in referendum sends euro into tailspin
The IMF said it expected the US economy to grow 2.5 per cent this year – it lowered the US growth forecast last month from 3.1 per cent in April. The IMF also said US economic sluggishness had spilled over to Canada and Mexico.
“(But) the unexpected weakness in North America … is likely to prove a temporary setback,” the IMF wrote in the report.
The IMF also maintained its forecasts for a pickup in growth in the euro zone, despite Greece moving ever closer to the edge of default and an exit from the currency bloc as it races to find a last-minute third bailout.
Read: Pakistan remains economically shackled
“Developments in Greece have, so far, not resulted in any significant contagion,” the IMF said. “Timely policy action should help manage such risks if they were to materialize.”
In developing economies, the IMF said growth had been dampened by lower commodity prices, tighter financial conditions tied to the economic rebalancing in China and geopolitical factors.
Chinese stock markets have tumbled by more than 30 per cent over the last month, prompting regulators to impose heavy-handed intervention to stem the rout.
The IMF said the market crash suggests China could face greater difficulties as it tries to move from an investment-led economic growth model to one focused on domestic consumption.
The Fund also repeated its warning that asset price shifts and financial market volatility could disrupt its predictions, though it expects the economic situation in Russia and the Middle East to calm down next year.

http://tribune.com.pk/story/917898/imf-cuts-pakistans-growth-forecast-to-2-6/

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abhay

MPA (400+ posts)
India to beat China again as fastest-growing economy in 2016: IMF


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WASHINGTON: India will be the world's fastest growing economy for the second consecutive year in 2016 at 7.5 per cent, IMF today said, even as it lowered its current year global economy growth forecast to 3.3 per cent.
In its World Economic Outlook Update released here, IMF retained India's growth projection for current year at 7.5 per cent which will be higher than China's 6.8 per cent. It forecast a growth rate of 7.5 per cent for India in 2016 as well, as against China's 6.3 per cent.


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China was the fastest growing economy in 2014 at 7.4 per cent as against India's 7.3 per cent, as per the IMF data.
IMF's growth projection for India, however, is lower than the estimates of the Indian Finance Ministry and the Reserve Bank of India. The Finance Ministry expects GDP growth to be 8-8.5 per cent in 2015-16, while the Reserve Bank of India has estimated it at 7.6 per cent.
For India, IMF follows data for fiscal year ending March while for other countries it considers the December-ending periods.
In case of both India and China, IMF has retained the projection made earlier in April, while it has lowered global growth forecast from 3.5 per cent to 3.3 per cent for 2015.
The global growth projection for 2016 has been retained at 3.8 per cent.
"Global growth is projected at 3.3 per cent in 2015, marginally lower than in 2014, with a gradual pickup in advanced economies and a slowdown in emerging market and developing economies. In 2016, growth is expected to strengthen to 3.8 per cent," the report said.
In emerging market economies, it said the continued growth slowdown reflects several factors, including lower commodity prices and tighter external financial conditions, structural bottlenecks, rebalancing in China, and economic distress related to geopolitical factors.
A rebound in activity in a number of distressed economies is expected to result in a pickup in growth in 2016.
Growth in emerging market and developing economies has been estimated at 4.2 per cent in 2015, down 0.1 per cent from the projection made April.
At a news conference here, Olivier Blanchard, Director, Research Department, IMF, said the main unexpected development was the announcement of a negative growth rate for the first quarter in the United States.
"By itself, it can account for more than half of the revision of 0. 2 per cent to the world economy forecast for 2015. The question, when the numbers came out, was whether this was an indication of underlying weakness of the US economy.
"Now that the fog has largely cleared, the response is that it was not. Fundamentals are still solid, and the US recovery is on track," he said.

Leaving forecast for China unchanged at 6.8 per cent for 2015, he said there is perhaps more uncertainty than before.
"The puncture of what had clearly become a stock market bubble may have some limited effect on spending. But, for the moment, the slowdown in growth is primarily led by a slowdown in real estate investment, a development we see as basically desirable," Blanchard said.
"In constructing forecasts for China, our assumption continues to be that the Chinese authorities will indeed allow a moderate slowdown of growth, while also using monetary and fiscal policies if needed to prevent too sharp a slowdown."
For 2017, IMF forecast a growth rate of 6.0 per cent, the official said.
Brazil's growth, he said, has been revised down, and is now forecast to be -1.5 per cent.
"Low confidence, together with tighter policies aimed at reestablishing confidence, are combining to yield a recession in the short run. Russia's growth is forecast to be -3.4 per cent, a bit better than forecast in April, on the back of some improvement in commodity prices and confidence, but still clearly very bad," he said.
In emerging market economies, the continued growth slowdown reflects several factors, including lower commodity prices and tighter external financial conditions, structural bottlenecks, rebalancing in China, and economic distress related to geopolitical factors, the report said.
"A rebound in activity in a number of distressed economies is expected to result in a pickup in growth in 2016," the IMF said.
The distribution of risks to global economic activity is still tilted to the downside, it added.
Near-term risks include increased financial market volatility and disruptive asset price shifts, while lower potential output growth remains an important medium-term risk in both advanced and emerging market economies.
Lower commodity prices also pose risks to the outlook in low-income developing economies after many years of strong growth, the WEO report said.

http://articles.economictimes.india...onomic-outlook-update-fastest-growing-economy

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Altaf Lutfi

Chief Minister (5k+ posts)
عالمی مالیاتی اداروں اور سرمایہ کار ایجنسیوں کے اس طرح کے سروے اور تحقیق اس بات پر انحصار کرتی ھے کہ کسی ملک میں زرِ مبادلہ کے ذخایؑر کتنے ھیں، سٹاک ایکسچینج کی کارکردگی کا گراف کدھر کو جا رھا ھے، بیرونی قرضے ملکی مجموعی سالانہ پیداوار کا کتنے فی صد ھیں، درآمدات اور برآمدات کا تناسب کیا ھے،

یہ ساری اعداد و شمار کی جادوگری اس لیے کی جاتی ھے تاکہ عالمی مالیاتی ادارے اور غیرملکی سرمایہ کار کسی ملک کے بارے میں اپنی حکمتِ عملی تیار کر سکیں، اس سب کا ایک عام پاکستانی کی روزمرہ کی زندگی کے معاملات سے ذرا بھی تعلق نھیں ھوتا، اگر رپورٹ یہ بتا رھی ھو کہ سیٹھ صاحب کی فیکٹری نے اس سال دس کروڑ منافع کما لیا ھے تو اقتصادی اشاریے تیر کی طرح اوپر کو اُٹھ جایؑیں گے لیکن کیا سیٹھ صاحب نے اپنے ملازمین کو بھی بہتر جینے کی سہولت دی ھے ؟ تنخوہ میں ورکر کا گزارہ ھو رھا ھے ؟، بازار میں خریداری کے نرخ مناسب اور مستحکم ھیں ؟ یعنی ایک عام آدمی کی زندگی پُرسکون ھے یا عذاب میں مبتلا ھے ؟ ان سب کا ان رپورٹوں میں کھیں ذکر نھیں ھوتا، پاکستان کے موجودہ حالات میں اس طرح کی رپورٹ صرف یہی ظاھر کرتی ھے کہ ایک دو اور میاں منشا پیدا ھو چکے ھیں، قانون کی حکمرانی کے بغیر کسی معاشرے کی بقا کا سوال ھی نھیں اٹھتا، آپ زیادہ سے زیادہ پہلے سے امیر طبقے کی دولت میں مزید اربوں کا اضافہ دیکھ لیں گے، اور جدید ماڈل کی کاریں خرید لی جایؑیں گی، ملک سے مزید سرمایہ غیر قانونی طریقے سےباھر نکل جاےؑ گا، رھا اس ملک کا ایک عام پاکستانی، تو اس کے لیے وھی حالات کی تلخی، بے بسی اور مزید قرضوں کا بوجھ مقدر بنا رھتا ھے

یہ پوسٹ عام پاکستانی کے کسی کام کا نھیں اور جن ارب پتیوں کے کام کا ھو سکتا ھے، ان کو پہلے سے پتا ھے کہ وہ کیا واردات کر رھے ھیں
،
 
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