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#21
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Quote:
Economic Data |
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Eager (Thursday, December 29, 2011), Invincible (Sunday, February 05, 2012), kacho (Sunday, February 05, 2012), lizaaudacious (Sunday, December 30, 2012), pisceankhan (Tuesday, October 14, 2014), redmax (Thursday, December 29, 2011), Riaz Ahmed Alizai (Saturday, April 07, 2012), rose_pak (Thursday, December 29, 2011), usman khalid (Wednesday, December 28, 2011) |
#22
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In addition to the link provided by Raz, I'm also getting some regarding economy of Pakistan from this website;
2011 Pakistan economic statistics, Pakistan Economic Indicators Database year 2011 Regards,
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#23
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This Thread has proved a great help for me.
Hats off for Eager, Usman , Redmax and Raz Bhai.
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Thanks Allah |
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Eager (Sunday, February 05, 2012) |
#24
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Economy - overview
Pakistan, an impoverished and underdeveloped country, has suffered from decades of internal political disputes and low levels of foreign investment. Between 2001-07, however, poverty levels decreased by 10%, as Islamabad steadily raised development spending. During 2004-07, GDP growth in the 5-8% range was spurred by gains in the industrial and service sectors - despite severe electricity shortfalls - but growth slowed in 2008-09 and unemployment rose. Inflation remains the top concern among the public, climbing from 7.7% in 2007 to more than 13% in 2010. In addition, the Pakistani rupee has depreciated since 2007 as a result of political and economic instability. The government agreed to an International Monetary Fund Standby Arrangement in November 2008 in response to a balance of payments crisis, but during 2009-10 its current account strengthened and foreign exchange reserves stabilized - largely because of lower oil prices and record remittances from workers abroad. Record floods in July-August 2010 lowered agricultural output and contributed to a jump in inflation, and reconstruction costs will strain the limited resources of the government. Textiles account for most of Pakistan's export earnings, but Pakistan's failure to expand a viable export base for other manufactures has left the country vulnerable to shifts in world demand. Other long term challenges include expanding investment in education, healthcare, and electricity production, and reducing dependence on foreign donors. GDP (purchasing power parity) $464.9 billion (2010 est.) $443.6 billion (2009 est.) $429.2 billion (2008 est.) note: data are in 2010 US dollars GDP (official exchange rate) $174.9 billion (2010 est.) GDP - real growth rate 4.8% (2010 est.) 3.4% (2009 est.) 1.6% (2008 est.) GDP - per capita (PPP) $2,500 (2010 est.) $2,400 (2009 est.) $2,400 (2008 est.) note: data are in 2010 US dollars GDP - composition by sector agriculture: 21.2% industry: 25.4% services: 53.4% (2010 est.) Population below poverty line 24% (FY05/06 est.) Labor force 55.77 million note: extensive export of labor, mostly to the Middle East, and use of child labor (2010 est.) Labor force - by occupation agriculture: 43% industry: 20.3% services: 36.6% (2005 est.) Unemployment rate 15.4% (2010 est.) 14.4% (2009 est.) note: substantial underemployment exists Unemployment, youth ages 15-24 total: 7.7% male: 7% female: 10.5% (2008) Household income or consumption by percentage share lowest 10%: 3.9% highest 10%: 26.5% (2005) Distribution of family income - Gini index 30.6 (FY07/08) 41 (FY98/99) Investment (gross fixed) 13.8% of GDP (2010 est.) Budget revenues: $24.75 billion expenditures: $35.67 billion (2010 est.) Taxes and other revenues 14.2% of GDP (2010 est.) Budget surplus (+) or deficit (-) -6.2% of GDP (2010 est.) Public debt 50.6% of GDP (2010 est.) 50.2% of GDP (2009 est.) Inflation rate (consumer prices) 13.9% (2010 est.) 13.6% (2009 est.) Central bank discount rate 0.07% (31 December 2010 est.) 12.5% (31 December 2009 est.) Commercial bank prime lending rate 13.462% (31 December 2010 est.) 14.189% (31 December 2009 est.) Stock of narrow money $53.08 billion (31 December 2010 est.) $45.8 billion (31 December 2009 est.) Stock of money $NA (31 December 2008) $52.76 billion (31 December 2007) Stock of broad money $85.22 billion (31 December 2010 est.) $65.13 billion (31 December 2009 est.) Stock of quasi money $NA (31 December 2008) $18.42 billion (31 December 2007) Stock of domestic credit $61.39 billion (31 December 2010 est.) $56.11 billion (31 December 2009 est.) Market value of publicly traded shares $38.17 billion (31 December 2010) $33.24 billion (31 December 2009) $23.49 billion (31 December 2008) Agriculture - products cotton, wheat, rice, sugarcane, fruits, vegetables; milk, beef, mutton, eggs Industries textiles and apparel, food processing, pharmaceuticals, construction materials, paper products, fertilizer, shrimp Industrial production growth rate 4.6% (2010 est.) Electricity - production 89.23 billion kWh (2009 est.) Electricity - production by source fossil fuel: 68.8% hydro: 28.2% nuclear: 3% other: 0% (2001) Electricity - consumption 68.55 billion kWh (2008 est.) Electricity - exports 0 kWh (2009 est.) Electricity - imports 0 kWh (2009 est.) Oil - production 63,580 bbl/day (2010 est.) Oil - consumption 410,000 bbl/day (2010 est.) Oil - exports 29,840 bbl/day (2009 est.) Oil - imports 346,400 bbl/day (2009 est.) Oil - proved reserves 313 million bbl (1 January 2011 est.) Natural gas - production 38.41 billion cu m (2009 est.) Natural gas - consumption 38.41 billion cu m (2009 est.) Natural gas - exports 0 cu m (2009 est.) Natural gas - imports 0 cu m (2009 est.) Natural gas - proved reserves 840.2 billion cu m (1 January 2011 est.) Current Account Balance -$1.585 billion (2010 est.) -$3.993 billion (2009 est.) Exports $21.46 billion (2010 est.) $18.35 billion (2009 est.) Exports - commodities textiles (garments, bed linen, cotton cloth, yarn), rice, leather goods, sports goods, chemicals, manufactures, carpets and rugs Exports - partners US 15.8%, Afghanistan 8.1%, UAE 7.9%, China 7.3%, UK 4.3%, Germany 4.2% (2010) Imports $32.88 billion (2010 est.) $28.62 billion (2009 est.) Imports - commodities petroleum, petroleum products, machinery, plastics, transportation equipment, edible oils, paper and paperboard, iron and steel, tea Imports - partners China 17.9%, Saudi Arabia 10.7%, UAE 10.6%, Kuwait 5.5%, US 4.9%, Malaysia 4.8% (2010) Reserves of foreign exchange and gold $17.21 billion (31 December 2010 est.) $13.77 billion (31 December 2009 est.) Debt - external $56.12 billion (31 December 2010 est.) $53.6 billion (31 December 2009 est.) Stock of direct foreign investment - at home $30.06 billion (31 December 2010 est.) $28.04 billion (31 December 2009 est.) Stock of direct foreign investment - abroad $1.148 billion (31 December 2010 est.) $1.102 billion (31 December 2009 est.) Exchange rates Pakistani rupees (PKR) per US dollar - 85.27 (2010) 81.71 (2009) 70.64 (2008) 60.6295 (2007) 60.35 (2006) |
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#25
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Can anyone please mention examples of countries, both having regressive & progressive tax base? Googled that but couldn't find any worthwhile information.
Also, I think data mentioned on the economywatch website is usually outdated. Its always better to consult SBP website.
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...and I am the dark of this our new day |
#26
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the countries practicing progressive and regressive tax are japan, united states, china, Canada and Korea.
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Parindon Ki Dunya Ka Darvesh Hun Ma......, K Shaheen Banata Nahi Aashiyana |
#27
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Quote:
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Parindon Ki Dunya Ka Darvesh Hun Ma......, K Shaheen Banata Nahi Aashiyana |
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Riaz Ahmed Alizai (Saturday, April 07, 2012) |
#28
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Quote:
Btw its understandable if certain taxes are progressive & others regressive within a country but still there must be a criterion to determine all taxes as a whole in terms of above stated modes.
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...and I am the dark of this our new day |
#29
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Quote:
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Parindon Ki Dunya Ka Darvesh Hun Ma......, K Shaheen Banata Nahi Aashiyana |
#30
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Quote:
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...and I am the dark of this our new day |
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