Pakistan's economy better than India's: Bloomberg

26/11

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CPEC is all about
1) Road: To be used by china and Pakistan will not be able to charge anything from "Friend not Masters"
2) Railway line: One more addition to current decaying lines of Pakistan Railway
3) Power: Cheeni promised to add 11,000 MW capacity. India adds more than that every 6 months.


In conclusion, sit back and enjoy the view of China quietly sodomizing Pak just like Uncle Sam and Saudi Barbaria have done before
Uncle Sam and Saudis were good people as after using pakis they let go of money..
Cheeni will charge huge interest and sodomize as processing fees.. :pound::pound::pound:
 

Screambowl

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Well this won't be first time when Porkis indulged in giving hand-jobs to each other over such projects. You have your Thar coal, Reko Diq, Chiniot and many many MANY more wet dreams. Every single one of them promised to make Pakistan the next Singapore.

Over the course of several decades, Paki leaders, civilian and military have discovered a few "Ram baan" solutions to ward off criticism and accountability.

1) Create some kind of disturbance with or within India and you will find millions upon millions of Pakis on the streets with their actual problems being replaced by the "Hindu".

2) Make sure that any international conflict against Muslims get as much coverage as possible and as predicted, morons are on the street.

3) Create these escapists fantasies of Muslim Ummah, "our" golden past, atmi kuwwat, false superiority over India in every single field etc.

4) We are going to be rich because.............

Every single one of them work like a charm. The sheer euphoria you find on Youm-e-Takbeer is unparallelled in this world (not sure about NK).

Now on the actual topic. Pakis don't realize that $46 billion is not a funds transfer in their bank accounts. It is the amount that China will spend in nearly a decade. Looking at the condition of their economy, infrastructure, health and education they will need far far more than the $46 billion.

There are several much larger projects are either under construction or planned in India with little to no public interest because that is how things are supposed to work. Look for DMIC and other corridors. Same goes for Western DFC and Eastern DFC and their effects on the Indian economy.

In conclusion, sit back and enjoy the view of China quietly sodomizing Pak just like Uncle Sam and Saudi Barbaria have done before.
Very well said. In coming years, this lone CPEC will definitely become a political issue on which elections will be fought and parties will be blamed. Imran Khan already shouting like a hooligan that if the route doesn't go from KPK this will create trouble for Paki federation lol.
 

Hari Sud

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BS, nothing more.

Next time Bloomberg goes to Pakistan, just let the terrorists know about their presence. They will do the rest.
 

LordOfTheUnderworlds

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Over last year I have noticed Pakistan rupee to dollar exchange rate has been very stable. Whereas in India one keeps hearing about falling rupee and Reserve bank has to intervene. Pakistan has hardly any foreign exchange reserves, but still Pakistani rupee is stable around 101-102. How do they do that ? or maybe Pakistani economy is actually better than what members here would like to acknowledge?
 

26/11

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Over last year I have noticed Pakistan rupee to dollar exchange rate has been very stable. Whereas in India one keeps hearing about falling rupee and Reserve bank has to intervene. Pakistan has hardly any foreign exchange reserves, but still Pakistani rupee is stable around 101-102. How do they do that ? or maybe Pakistani economy is actually better than what members here would like to acknowledge?
In countries like India and Pakistan.. Exchange rate is controlled by central banks..
Pakis have stabilized the rupee, so that oil cost and debt interest payment does not rise..
But it has very negative effect on export competitiveness. It can be directly seen in condition of textile import.
Though pakistan has got 16% duty advantage compared to India and China they are losing market share.. Simple economics..
 

blueblood

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Uncle Sam and Saudis were good people as after using pakis they let go of money..
Cheeni will charge huge interest and sodomize as processing fees.. :pound::pound::pound:
Unkil and Chacha were not good people, they were/are just not smart enough.:laugh:

Very well said. In coming years, this lone CPEC will definitely become a political issue on which elections will be fought and parties will be blamed. Imran Khan already shouting like a hooligan that if the route doesn't go from KPK this will create trouble for Paki federation lol.
Things are going to be pretty interesting especially when China bring in their own labour.
 

pmaitra

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Over last year I have noticed Pakistan rupee to dollar exchange rate has been very stable. Whereas in India one keeps hearing about falling rupee and Reserve bank has to intervene. Pakistan has hardly any foreign exchange reserves, but still Pakistani rupee is stable around 101-102. How do they do that ? or maybe Pakistani economy is actually better than what members here would like to acknowledge?
Our export oriented companies, especially the IT sector, has a lot of influence over the government. They lobby the government to keep devaluing the Rupee so that their exports can remain competitive. This does not mean a devalued Rupee helps India. When India imports from other countries, it hurts. Pakistani economy might as well be stable, and they might be receiving more foreign aid than we are aware of. Overall, though, India's economic story is a mixed bag.
 

manindra

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Report is not wrong interpretation is.
Pakistan implemented GST long ago and recently launched South Asia's first REIST and we are yet to implement GST and REIST is nowhere in to the scene.
So, their reform is better not economy.
Sent from my Windows Phone
 

26/11

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Report is not wrong interpretation is.
Pakistan implemented GST long ago and recently launched South Asia's first REIST and we are yet to implement GST and REIST is nowhere in to the scene.
So, their reform is better not economy.
Sent from my Windows Phone
This we need to accept.
Reform in Pakistan is much ahead of India. Their government is much ahead in Privatization. There are few bad examples like PIA and Pakistan railways, But overall their progress in this direction is impressive.
While in India we are afraid to even point finger at PSUs like DRDO, OFB, Coal India, Indian Railways etc. This behemoths are sucking country dry and government is too afraid to take on unions.
 

manindra

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This we need to accept.
Reform in Pakistan is much ahead of India. Their government is much ahead in Privatization. There are few bad examples like PIA and Pakistan railways, But overall their progress in this direction is impressive.
While in India we are afraid to even point finger at PSUs like DRDO, OFB, Coal India, Indian Railways etc. This behemoths are sucking country dry and government is too afraid to take on unions.
Some thing you are wrong.
Pakistan reforms tax structure we didn't.
Their PSUs are whole bankrupt but our can be managed.
DRDO - DRDO is research organization which need reorganization.
OFB - OFB should be disbanded for sure
Coal India - GoI regular bring IPO in the market & have huge cash reserve.
Indian Railway - Should work as company & concentrate on transport & catering business only. Diesel Engine & coach manufacturing facility should be sold to BEML & Electric engine manufacturing facility should be sold to BHEL & IRCON should be sold to L&T.
 

salute

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obviously bloomberg wants to start some india Vs paki stupid argument, :laugh:

because economy based media like bloomberg should know that every countries economy and its other aspects like reforms,devaluing currency is different and adjusted according to their different requirements.
 

avknight1408

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Industries in Pakistan are suffering due to power shortage and wrong policies. To prove their 'all-weather friendship' they signed a FTA with china. China is dumping cheap products and making their industries go out of orders. Their trade deficit with china is huge. They even import most auto components for their cars.
 

Compersion

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I am sure that they are watching Greece carefully on how they (do and do not) repay large debts and loans. And having a nuclear test on its lands ...
 

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