Pakistan Economy

[Azaad]

https://www.cnbctv18.com/world/paki...heist-that-still-haunts-the-govt-19481519.htm



Astaghfirullah !

Aisa kaun sagaa jisko humne nahin thagaa.

Alhamdulillah !

 

[FalconSlayers]

So, $1 trillion undokyumented ekanamy has annual investments of just $37 billion (most of which is real estate and big construction works like unnecessary dams). For contrast in India it is roughly around $1.33 trillion.

The year, 2023-24, has witnessed the lowest ever level of fixed investment in Pakistan. It is estimated at 11.4% of the GDP. This is in comparison to 15.4% of the GDP in 2017-18 and even higher at 16.3% of the GDP, as far back as 2007-08. Both private and public investments have declined sharply in 2023-24.

The investment slump

The year, 2023-24, has witnessed the lowest ever level of fixed investment in Pakistan. It is estimated at 11.4% of...

www.brecorder.com

 

[FalconSlayers]

Sale of petroleum products jumps 20% in September amid higher demand​

BR Web Desk Published about an hour ago

Sale of petroleum products jumps 20% in September amid higher demand

Sale of total petroleum products in Pakistan clocked in at 1.27 million tons in September, an increase of 20%...

www.brecorder.com

 

[FalconSlayers]

However, estimates for the 2024-25 season indicate a staggering 65% decline, according to the Pakistan Cotton Ginners Association’s report from September 15, 2024, with production expected to reach only 5 million bales. This falls far short of the textile industry’s annual demand of 13-15 million bales.

The sharp decline is rippling through the economy, particularly affecting rural communities reliant on this critical cash crop. The impact is severe for vulnerable groups such as female workers and local farmers, with significant economic and social consequences.

The impact of reduced cotton production on rural economies and country’s balance of payments

The basic rule of economics is clear: global demand drives global production, and countries with a comparative...

www.brecorder.com

 

[Hari Sud]

With IMF loan approval, Pakistan’s confidence has soared. The first IMF installment is not enough to cover the up coming loans which are due in next three months. Hence what happens to the suffering of Pakistani people. They are buying wheat flour at Pakistani Rupees 4,000 a bag. People have not paid electricity bills hence homes are without power, farmers are not getting enough water to grow their crops as Pakistani Army has cornered most of the water. The exports cannot process orders as there is no money to buy raw materials Etc.

That IMF loan does not help much. The sufferings of the people are so great that I am told that half of Lahore’s population will run towards India as they know, things are far better on this side of the border.

On the other hand, Pakistani Army and ISI are not short of cash. They have it in plenty. They have been organizing trouble on Indian side of the border and recently they spent a huge amount of money to start riots in Bangladesh which resulted in the elected government being thrown out. Unlucky for them, they took the eye off the ball in India and now receiving terror related trouble in Bulochistan and Afghan border. That will keep Pakistani Army busy for a long time.

Hence, Pakistan’s future is as sad as it was a year or two back. It is unlikely to improve in the near or distant future if the Army/ISI keeps manipulating the politics.