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Most recents (2)
Pakistan's 1 Year Growth Strategy @PIDEpk Thread 🧵👇
- Our Long Term Growth, productivity & Investment are declining
- Lowest investment rate in the region
- Our Export trend is flat
- Govt Foot print is 67% of GDP
- Govt has crowded out Market Competition #PakistanAt75
- Our Long Term Growth, productivity & Investment are declining
- Lowest investment rate in the region
- Our Export trend is flat
- Govt Foot print is 67% of GDP
- Govt has crowded out Market Competition #PakistanAt75
Current Crisis & Constraints:(The Available Policy Choices are limited)
1. No fiscal space available to the govt
2. Increase in public investment is not possible
3. Taxes are high
4. Balance of payment crisis–Highly indebted
5. Rightsizing is required but privatization difficult
1. No fiscal space available to the govt
2. Increase in public investment is not possible
3. Taxes are high
4. Balance of payment crisis–Highly indebted
5. Rightsizing is required but privatization difficult
Historically, taxation has been the priority & growth has been low on
the list. Need to make growth a top priority & for that focus on investment, productivity & exports.
Focus on the following Bottlenecks for Economic Activities:
1. Sludge
2. Financial
3. Energy &
4. Taxation
the list. Need to make growth a top priority & for that focus on investment, productivity & exports.
Focus on the following Bottlenecks for Economic Activities:
1. Sludge
2. Financial
3. Energy &
4. Taxation
1. #MaxHastings needs to bone up before sketchily declaiming ‘#histrionics in the #West’ about #ChineseBeltandRoad #lending, @thetimes 30 July 22, p 33. Becoming, like that #LeCarré, another raging '#nationaltreasure' discharging disaffected drivel.
2. Surmises of #moralequivalence between #Chinese and #Western rapacity by #MaxHastings are tenuous. #Pakistanieconomists, long critical of the #BRI, would remind him how 27% of #Islamabad’s #externaldebt, $90bn as of April 2021, is now owed to #Beijing.
3. #Pakistan, since 1988, has been bailed out 12 times and in talks for a thirteenth reprieve as it requires at least $41bn to sustain #foreignexchangereserves. #IMF suspicion of #dodgyChinese #powercompanies borne out in recent #reports.
