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Mar 17 9 tweets 9 min read
BUDGET CAN BE BACKBONE OF ECONOMY
A 🧵

1. A key component of the US economy is the defense industry.
2. In 2021, defense manufacturing contributed $2.3 trillion to US GDP amounting to 12% of total GDP.
@BrigAshfaqHasan
@nadeemhaque
@FarooqHKhan
@AtifRMian

#DefenseAndEconomy ImageImage
3. From 2018–22, US arms exports accounted for 40% of the global arms exports.
4. Whereas India remains the leading arms importer in the world from 1993 till 2022.

@INFANTRY28
@AVeteran1956
@MiftahIsmail
@SaleemFarrukh
1. To drive the economy, US stimulates its defense budget, a practice which India is also adopting, under the make in India initiative.
2. According to Fitch, the U.S. Department of Defense (DoD) budget will further increase to $797 billion in FY 2023 from $728 billion in 2022. Image
3. US military budget is by far the highest in the world and dwarfs military budgets of other nations ranked after it.

@SharifHaroon
@YousufNazar
@81ShahbazRana
@rmwaq

#DefenseAndEconomy
According to Richard Aboulafia, vice president of the Teal Group, a defense consulting firm, if US shutdown its defence manufacturing, the factory production in America, would shrink 10% or more.

@kaiserbengali
@KhalidWaleed_

#DefenseAndEconomy Image
To lessen US defense spending would be to weaken backbone of the US economy.

@AajKamranKhan
@AliKhizar
@Abidsuleri
@MIshaqDar50

#DefenseAndEconomy Image
Pakistan Defense Industrial Complex is also making significant contributions to National economy:
•    According to MoDP, in last five years an unprecedented boost in the Defence Exports earned Pak approximately 33 Million $ in exports..

@zafar_masud
@DrSalShah
@KhurramHusain Image
..and approximately Rs 76 billion worth of Inland Sales.

•    Alone in the year 2019, PAC Kamra secured Export of JF-17 to Nigeria for $ 184 Millionn and Contract finalization of 12 Mashaks to Iraq worth $ 33.33 Million. Image
•    In addition to generating exports, MoDP paid approximately Rs 6 Billion Taxes / duties annually in the national exchequer and generated 8000 jobs in defence production sector.

#DefenseAndEconomy
#LahoreHighCourt
#چلو_چلو_عمران_کے_ساتھ ImageImage

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More from @peconomist_

Mar 16
تصویر کا دوسرا رخ

تصویر میں لگے اس خط کو فوج مخالف بیانیے کے طور پر سوشل میڈیا میں پھیلایا جا رہا ہے کہ فوج حکومت کی زمینوں پر قبضہ کر رہی ہے۔ یہ بات سراسر بے بنیاد اور حقیقت کے منافی ہے۔
اس خط میں جس زمین کا ذکر ہے وہ زمین زیادہ تر بنجر قدیم اور غیر آباد ہے۔۔۔
@AgriUniPeshawar
جسے حکومت پنجاب ایک جوائنٹ وینچر کے ذریعے قابل کاشت بنانے کے لئے عارضی طور پر فوج کو دے گی۔ یعنی اس زمین پر قبضہ اور ملکیت حکومت پنجاب کی ہی رہے گی۔ ۔۔
#زراعت_ہمارا_مستقبل
#جوان_اور_کسان
@sautandojamu
ایسا کیوں کیا جا رہا ہے؟

ناقص زمینی اصلاحات،غیر موثر زرعی پالیسیوں، موسمیاتی تبدیلیوں اور بڑھتی آبادی کے سبب  زراعت کے سیکٹر کا  پاکستان کی معیشت میں سالانہ اضافہ جو کہ 1960 میں 4 فیصد تھا ،2022 میں کم ہو کر 2.5 فیصد رہ گیا ہے۔۔۔
@OMnsuam
@LUAWMSOfficial
Read 19 tweets
Mar 15
Daily Economic Outlook
🧵

At a time when Pakistan’s economy is melting primarily due to energy & import crisis, an oil & gas exploration firm has doubled gas supply from a field located in Sindh and aided some reduction in the fuel import bill.
#ImranKhan
#زمان_پارک_پہنچو
Pakistan’s weekly inflation was reported at an unprecedented 42.27%. The Social Media remained abuzz with rumors of another electricity surcharge to recover Rs335 billion, by the govt.
Pak’s foreign exchange reserves rose to 4.3 billion dollars enough to cover the cost of one-month imports. However, the dollar continue its hike and closed at 280.77, gaining 0.54 pc.
Read 8 tweets
Mar 15
What does the future look like for Pakistan’s Tech Sector?
A 🧵

Allen Kinsey Taylor, Managing Partner at Endeavor Catalyst, believes Pakistan has the potential to be a great investment avenue.
@aktaylor

#imrankhanPTI
#ZamanPark
#زمان_پارک_پہنچو
#عمران_خان_ہماری_ریڈ_لاین_ہے Image
He believes that during next ten years, Pak will likely see an upward trend in tech sector.

Pakistan’s Tech Journey
Data Darbar, a website that tracks investment flows into nation's tech ecosystem, has compiled statistics showing that Pak's startups raised $366 million in 2021. Image
A unicorn has eluded Pakistan for many years, is that about to change?

• A unicorn is a high-growth billion dollar company.
• Out of the top ten most populous nations, Pakistan may be the only one without a unicorn.
Read 4 tweets

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