Failed Terrorist State of Pakistan: Idiotic Musings

Tejbrahmastra

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pakistans-informal-economy-stands-at-staggering-457-billion/

LAHORE – Asad Islam Mahni, Federal Additional Secretary Industries and Production has said that the total size of the informal economy in Pakistan is around $457 billion.

Speaking at unveiling of a study on “Mapping of Barriers and Opportunities to Reduce the Informality of Enterprises in Pakistan”, he said that around 72.5 per cent of the labour force, outside agriculture, is employed by the informal sector, also covering market share of over 40pc in the GDP.


The Small and Medium Enterprises Development Authority (SMEDA) and the International Labour Organization (ILO) has carried out the study and the report was launched at a consultative workshop held to lay down the national action plan for formalization of SMEs.

Asad Islam Mahni said that the Ministry of Industries & Production is in the process of developing the National Industrial Policy. “The Policy will provide a comprehensive roadmap of re-industrialization in Pakistan, considering the regulatory & taxation regimes, as well as incentivizing investments in key sectors of the economy. Our focus is also on integrating SMEs into local, regional, and global value chains,” he added.


Judith Van Doorn, Enterprise Specialist of ILO, highlighted multi-pronged approach of ILO business formalization, emphasizing how it can be made easier, more attractive and beneficial for both business and workers. She also pointed out that formalization process in Pakistan would promote simplification of business procedures, productivity and development of SMEs.

CEO SMEDA Socrat Aman Rana said that around 5.24 million SMEs are driving economic engine. Exports of the sector are estimated at 30pc. In terms of employment, 70pc of the non-agriculture labour force is associated with the sector. The majority of SMEs, around 53pc, operate in wholesale and retail trade, hotels, and restaurants, followed by community, social, and personal services at 22pc, and manufacturing at 20pc, he said, adding that the study is a crucial first step towards recognizing that informality exists in the economy and that supporting SME formalization can have a significant impact on key development indicators.

He informed that despite being the 43rd largest economy globally in terms of GDP, a significant portion of Pakistan’s economy remains undocumented, resulting in a low tax contribution, with the Tax to GDP ratio never exceeding 13pc, clocking in at 10.2pc.
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Infaarmal eCoNomY $500 billion, PPP 2 trillion saar!
 

Phantom001

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pakistans-informal-economy-stands-at-staggering-457-billion/

LAHORE – Asad Islam Mahni, Federal Additional Secretary Industries and Production has said that the total size of the informal economy in Pakistan is around $457 billion.

Speaking at unveiling of a study on “Mapping of Barriers and Opportunities to Reduce the Informality of Enterprises in Pakistan”, he said that around 72.5 per cent of the labour force, outside agriculture, is employed by the informal sector, also covering market share of over 40pc in the GDP.


The Small and Medium Enterprises Development Authority (SMEDA) and the International Labour Organization (ILO) has carried out the study and the report was launched at a consultative workshop held to lay down the national action plan for formalization of SMEs.

Asad Islam Mahni said that the Ministry of Industries & Production is in the process of developing the National Industrial Policy. “The Policy will provide a comprehensive roadmap of re-industrialization in Pakistan, considering the regulatory & taxation regimes, as well as incentivizing investments in key sectors of the economy. Our focus is also on integrating SMEs into local, regional, and global value chains,” he added.


Judith Van Doorn, Enterprise Specialist of ILO, highlighted multi-pronged approach of ILO business formalization, emphasizing how it can be made easier, more attractive and beneficial for both business and workers. She also pointed out that formalization process in Pakistan would promote simplification of business procedures, productivity and development of SMEs.

CEO SMEDA Socrat Aman Rana said that around 5.24 million SMEs are driving economic engine. Exports of the sector are estimated at 30pc. In terms of employment, 70pc of the non-agriculture labour force is associated with the sector. The majority of SMEs, around 53pc, operate in wholesale and retail trade, hotels, and restaurants, followed by community, social, and personal services at 22pc, and manufacturing at 20pc, he said, adding that the study is a crucial first step towards recognizing that informality exists in the economy and that supporting SME formalization can have a significant impact on key development indicators.

He informed that despite being the 43rd largest economy globally in terms of GDP, a significant portion of Pakistan’s economy remains undocumented, resulting in a low tax contribution, with the Tax to GDP ratio never exceeding 13pc, clocking in at 10.2pc.
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View attachment 254529

Infaarmal eCoNomY $500 billion, PPP 2 trillion saar!
What about inpharmal loan saar?
 

FalconSlayers

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Pakistan's GDP was rebased in January 2022 with 2015-16 as the base year and We in India are still using 2011-2012 as the base year.
Don't cry
 

RocketMan

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And this is why we ought to be grateful for partition.

Also this is why the war between the Indics & the Iranics never really ended in all these millenia, only the players changed.

Right now the former are represented by the Punjabi Musalmaan & the latter by the Pashtuns. Real surprise Fauji Foundation never understood this simple fact. Then again when have they been the brightest bulb in the lot?

May the two destroy each other.

Alhamdulillah!!
Paxtan is a buffer state between Bharat heartland & barbarian hordes beyond.
 

Crazywithmath

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Pakistan's GDP was rebased in January 2022 with 2015-16 as the base year and We in India are still using 2011-2012 as the base year.
Their GDP revision was a joke and GDP numbers are borderline cope. The likes of IMF etc don't even publish projections for pakiland.


Go to the dashboard section and choose GDP per capita.
 

The Juggernaut

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View attachment 254619

needed a good laugh for this hot morning
Mulk bik raha hai, mayisaat barbaad ho rahi hai, Paki rupaya roz gir raha hai, gurbat badh raha hai, tijaarate tabah rahi, aalmi karza uruz par pahuch chuka hai, tizaratdar hatash hai, awam pareshan hai,

Aur inka infarmal ekanamy hai ki kagazo par har din naya recaard bana rahi hai. 😂 😂 😂 😂
 

asingha94

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View attachment 254619

needed a good laugh for this hot morning
The forum is all about boasting pride & sugarcoating things. There were some intellectual Pakistanis used to exist in that forum a few years ago but not anymore. Their nonsense are hilariously laughable. They make up random shits. They think they're defending Pakistanis with these clowning behaviour.
 

FalconSlayers

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The forum is all about boasting pride & sugarcoating things. There were some intellectual Pakistanis used to exist in that forum a few years ago but not anymore. Their nonsense are hilariously laughable. They make up random shits. They think they're defending Pakistanis with these clowning behaviour.
Entire existence of a paki is about boasting of some imaginary cultural, racial and physical superiority over supposed "weak malnourished dark Hindoo baniya" online. A normal person will commit sudoku if the condition of his shithole would've been the same as that of pakroach republic or will remain humbly silent especially when your neighbour being the fastest developing major country on earth, and pakis being the typical shameless bunch wouldn't do either.

Turdhole poorer than sub-saharan africa but saar we wuzz kangz, coz we got superior afghand genes through generations of sodomy!
 

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