I don't deny his efforts
Dear friends,
He brought us real development, standard of living improved during his tenure, same you can see in Ayub and Zia's regimes, kindly read the economic outputs during the previous general's era, you will be shocked to see that each time a dictator ruled, he blessed the country with real development, but in the meantime they end up with blunders, and thankfully they feel it. Ayub and Yahya resigned, stubborn Zia killed, Mushraf resigned.
If they were right always, why they had resigned or killed, being the chiefs of army, they knew they are above the law and can rule us robustly, whats the hand behind those resignations?
I have always appreciated that they feel the guilt and resigned, unlike others.
Let me put some light on the real growth during his time with comparison.
Basic comparison of 1999 and 2007
Pak Economy in 1999 was: $ 75 billion
Pak Economy in 2007 is: $ 160 billion
GDP Purchasing Power Parity (PPP) in 1999: $ 270 billion
GDP Purchasing Power Parity (PPP) in 2007: $ 475.5 billion
GDP per Capita in 1999: $ 2,000
GDP per Capita in 2007: $ 3,004
Pak revenue collection 1999: Rs. 305 billion
Pak revenue collection 2007: Rs. 708 billion
Pak Foreign reserves in 1999: $ 700 million
Pak Foreign reserves in 2007: $ 17 billion
Pak Exports in 1999: $ 7.5 billion
Pak Exports in 2007: $ 18.5 billion
Textile Exports in 1999: $ 5.5 billion
Textile Exports in 2007: $ 11.2 billion
KHI stock exchange 1999: $ 5 billion at 700 points
KHI stock exchange 2007: $ 70 billion at 14,000 points
Foreign Direct Investment in 1999: $ 1 billion
Foreign Direct Investment in 2007: $ 8 billion
Debt servicing 1999: 65% of GDP
Debt servicing 2007: 26% of GDP
Poverty level in 1999: 34%
Poverty level in 2007: 24%
Literacy rate in 1999: 45%
Literacy rate in 2007: 53%
Pak Development programs 1999: Rs. 80 billion
Pak Development programs 2007: Rs. 520 billion
Note: I am not PPP/PML/MQM/JUI or PTI loyalist, I am committed Pakistani, that's it.
Regards,
__________________
'Never think that God's delays are God's denials. Hold on; hold fast; hold out. Patience is genius!
Last edited by MBA; Tuesday, October 12, 2010 at 10:26 PM.
Reason: word missing.
|