Despite difficult corona circumstances, Pakistan has shown good economic growth this year under Imran Khan. This is a great achievement and a result of diverse factors including good policy making on corona, effective package for construction sector, executive actions plus corona curbed hundi hawala , resulting increase in remittances and then lucky bumper crops happened. I hope that the numbers are real and the trend continues. Kudos to government, that it took some long term decisions and they also contributed. Comparing to India, the economy contracted 12.5% last year and this year will expand 9%, roughly translating to minus 3% in 2 years. Compare to Nawaz sharif era, the economy in last year of government expanded by 16 billion dollars and deficit was 19 billion dollars, resulting output of minus 3 billion dollars from the overall productivity. There are a lot of people who simply play with out of equilibrium dollar price in N league era to compare per capita income and economy size in dollars though it is simply a translation from rupees. If this governmnet throws 10 billion dollars in the market, the dollar will go to 120 rupees and economy size in rupees (48k billion) will translate to 400 billion dollars but this will curb gdp growth for next 3 years. What an ordeal for common man that. would be. This is what our miraclous mian sahib did.
If the trend continues, , though I have my reservations, the next election are going to be a tough one.
If the trend continues, , though I have my reservations, the next election are going to be a tough one.
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