Some real gems from this article which will blow your mind.
The minister said that in the no-reforms scenario, the size of Pakistan’s economy would be $573 billion in 2035 and “this can be almost doubled to $1 trillion, if we introduce reforms today”.
Yes, without reforms Pakis think with current debt ridden economy will grow to $573 billion by 2035. With reforms $1 Trillion. I wonder what are those reforms they talk about?
In case Pakistan fails to bring reforms, in 2035 its population will be 340 million and it will be the fastest growing nation in the world, going to add a population of the size of South Korea in the next 10 years, according to the NEC documents.
Wow, finally some truth. We predicted 300 million by 2035, they are predicting their population will be 340 million by 2035.
With the current pace, Pakistan’s exports are shown at a mere $51 billion in 2035, which the Planning Commission said could be increased to $127 billion by reforming various sectors and making available adequate resources.
LOL, their exports have barely grown so much. Much of their exports is still textiles and agricultural goods. These morons think they can increase that to $51 billion with current pace and almost grow by 2/3rd with so called "reforms".
In the no-reforms scenario, imports are shown at $109 billion, which in transformational cases can increase to $200 billion due to import of hi-tech goods for industrialisation.
And this is what living under cave looks like. Their imports have already touched $80 billion mark. Crossing $100 billion mark won't take much long.
Pakistan will not move past $400 billion in best case scenario. You don't simply grow just because your population grows. You grow with rise in productivity.
Many Pakis think that India's economy is bigger than them simply because our population is bigger than pakiland but reality is that even if Indian population was half of Pakistan our economy would've still been bigger than them (since our per capita income is more than twice of them despite Paki rebasing).
Given their current de-industrialisation and economic collapse, they won't be able to recover and achieve what they already used to have let alone achieve anything new.
Their lost factories are not going to return and so will all the businesses that have left them. Their macro economic crisis will never end.
Their exports haven't grown in more than a decade how do these pakis think within a decade they're gonna double their exports?
Their imports will also not grow because they'll never have the dollars to import.
If anything World Bank predicts a total rise of just 18% in per capita income of Pakistan in next 25 years or by 2047, the 100th anniversary of partition. Even that is optimistic.
If anything their per capita income will continue to shrink.
By 2035 India will be a $14 trillion to $15 trillion economy, Pakis won't even be at $400 bn.
Our exports will be around $2.5 to $3 trillion, good luck crossing even 1 or 2% of that.
If anything their rising population will make Pakistan another Afghanistan.