Pakistani Economic Stress Watch

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Manish_P
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Re: Pakistani Economic Stress Watch

Post by Manish_P »

^ Pakis are now said to be welcome in East Pakistan.

Abduls can now get on bedas and sail for Dakka
Aditya_V
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Re: Pakistani Economic Stress Watch

Post by Aditya_V »

Manish_P wrote: 18 Jan 2025 19:36 ^ Pakis are now said to be welcome in East Pakistan.

Abduls can now get on bedas and sail for Dakka
No Paki worth his salt will set foot in BD, they can only loot each other.
chetak
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Re: Pakistani Economic Stress Watch

Post by chetak »

Aditya_V wrote: 20 Jan 2025 10:51
Manish_P wrote: 18 Jan 2025 19:36 ^ Pakis are now said to be welcome in East Pakistan.

Abduls can now get on bedas and sail for Dakka
No Paki worth his salt will set foot in BD, they can only loot each other.


Aditya_V ji,


The pakis, in the meanwhile, with the blessings of the amrikis and the beedis, have shipped hundreds of container loads of weapons and other war stores by sea to beedi ports.

these weapons and stores have gone to ground, waiting to be used against India

the pakis are not done with us yet, unless we grab them by the throat and kick them in the testimonials. Attacking India from beediland gives the pakis credible deniability

the arrival of trump may have slowed their plans and youanus is, in popular discussions by abdools and ayeshas, expected to leave beediland under the guise of the Davos Forum visit and not return back to beediland. Let's wait and see

youanus is rumoured to have made lots of expensive investments in the UK, europe, and particularly in paris
Aditya_V
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Re: Pakistani Economic Stress Watch

Post by Aditya_V »

I Agree for long term survival we need to change the geography the British left us.
A_Gupta
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Re: Pakistani Economic Stress Watch

Post by A_Gupta »

https://profit.pakistantoday.com.pk/202 ... -trillion/
The power sector’s circular debt surged by Rs83 billion during FY 2023-24, bringing the total to Rs2.393 trillion, according to a report presented in the National Assembly on Monday.
Reminder: "Circular debt occurs when one entity facing problems in its cash inflows holds back payments to its suppliers and creditors. Thus, problems in the cash inflow of one entity cascade down to other segments of the payment chain."
Haresh
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Re: Pakistani Economic Stress Watch

Post by Haresh »

What went wrong with ‘Pakistan’s Dubai’? – inside the Chinese initiative that is prompting terror attacks

https://www.theguardian.com/world/2025/ ... or-attacks
Agasthi
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Re: Pakistani Economic Stress Watch

Post by Agasthi »

IMF website has Pakistan's GDP calculated at 337 billion USD for 2023 and 374 billion USD for 2024. Below is a table that I could gather and my calculations indicate they are only 345 and 353 respectively. Wikipedia has them down for 394 billion USD for 2025 a jump of over 60 billion dollars from 2023 which seems far fetched compared to their currency and growth rates, Am I missing anything (like inflation + growth) is it a case of Sialkot Statistics?

Year GDP (USD) (billion) GDP (PKR) GDP Growth PKR @ Dec
2023 337.46 93533.7882 -0.20%
2024 345.55904 95778.59912 2.40% 277.17
2025 353.1405183 98173.06409 2.50% 278
Manish_P
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Re: Pakistani Economic Stress Watch

Post by Manish_P »

^ Sir, almost all their figures are fudged. The only remotely accurate figures would be the loan and aid amounts. And I would not trust even those...
A_Gupta
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Re: Pakistani Economic Stress Watch

Post by A_Gupta »

The USD-PKR rate has not changed a lot from end of FY 2023 to end of FY 2024 while inflation has helped boost the GDP in current PKR by 26.4%. This is how the IMF figures come about, based on Pak finance ministry numbers.

To that, I don’t know how one calculates nominal GDP when inflation ranges from 15-30% during the months of the year. Does one value January’s production in January’s prices or in June’s prices which are way higher?

Nominal GDP is virtually meaningless, one has to reduce each month’s figures to a constant price value.

IMO:
Government finances remain a mess, saved only by bailouts from abroad.
Anyone on salary/wages is way worse off, as income would not have kept pace with inflation.
Anyone who actually owns what they produce might not have deteriorated as much as the wage-earners, if what they produced could also sell at the inflated prices.
drnayar
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Re: Pakistani Economic Stress Watch

Post by drnayar »

Pakistan Paraglider at Air Show landed in Chief Guest Lap :mrgreen: .. pakis probably invented a new version of lap dancing :rotfl:


https://x.com/rose_k01/status/1883795061756076147
williams
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Re: Pakistani Economic Stress Watch

Post by williams »

drnayar wrote: 29 Jan 2025 00:33 Pakistan Paraglider at Air Show landed in Chief Guest Lap :mrgreen: .. pakis probably invented a new version of lap dancing :rotfl:


https://x.com/rose_k01/status/1883795061756076147
Thanks for sharing. This just made my day. :rotfl:
Agasthi
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Re: Pakistani Economic Stress Watch

Post by Agasthi »

A_Gupta wrote: 28 Jan 2025 17:46 The USD-PKR rate has not changed a lot from end of FY 2023 to end of FY 2024 while inflation has helped boost the GDP in current PKR by 26.4%. This is how the IMF figures come about, based on Pak finance ministry numbers.

To that, I don’t know how one calculates nominal GDP when inflation ranges from 15-30% during the months of the year. Does one value January’s production in January’s prices or in June’s prices which are way higher?

Nominal GDP is virtually meaningless, one has to reduce each month’s figures to a constant price value.

IMO:
Government finances remain a mess, saved only by bailouts from abroad.
Anyone on salary/wages is way worse off, as income would not have kept pace with inflation.
Anyone who actually owns what they produce might not have deteriorated as much as the wage-earners, if what they produced could also sell at the inflated prices.

Thanks for the inputs, its quite intriguing to see what the Pakis are upto; its as if they are doing some subtle fudging to maintain parity with India on paper. If India is at 3500 billion USD they are at 350; if it is 4000 B they are at 394 :lol:

Their GDP was calculated at 374 billion USD for FY2022 and due to currency depreciation when PKR hit new lows of USD300 their GDP for FY23 was down to 328 billion USD which kind of adds up. Since then, given their growth rates (GDP growth rate < population growth rate) and high inflation you would see PCI go down.

Trawling through Paki street on social media provides enough evidence of incomes having taken a nose dive. Remittances is sustaining families; GOI should work on hitting that. A Suzuki Mehran (Maruti 800) is seen as an investment and hedge against inflation. A 2018 model averages between 12 -15 lakh PKR (INR 4.5 Lakh) You can withdraw > 50,000 PKR (INR 15,000) and then upto a certain threshold only with Bank Manager approval. This hits cash circulation and will be a huge dampener on economic activity and drive the economy more underground.

As you rightly said, Production at inflated prices are being brought despite wages and salaries having taken a hit. Must be remittances and ganja exports. They are without a doubt in a big mess. Fervently hoping the GOI pursues a strategy to push them over that edge and they splinter.

P>S - IMF estimates for India is at 4.27 trillion USD and despite trying to correct the numbers (thrice) on wikipedia citing IMF, someone keeps going to the page and edits it to back to 4.0 trillion.
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