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| India-Pakistan |
| Per capita income in Pakistan rises to $846, says PM |
| 2006-05-28 |
| Prime Minister Shaukat Aziz on Saturday said that the latest data shows per capita income in the country has risen to US$846 due to the government's prudent economic policies over the last five years. Talking to a delegation of the All Pakistan Newspapers Society (APNS) led by Mir Shakil-ur-Rehman at the PM House, he said the government intended to provide relief to the common man through a number of measures in the forthcoming budget for 2006-07. He said the government had already taken some bold steps to check domestic prices of sugar and cement. He told the delegation that due to the economic reforms, the country's debt had come down from over 100 percent of GDP in 1999 to less than 60 percent at present. He said the privatisation process of various public sector entities was clear and transparent. |
| Posted by:Fred |
| #5 LOL, DMFD! |
| Posted by: Slolulet Sletch7958 2006-05-28 14:40 |
| #4 Connecticut and Maine were part of India? That explains Lobster Vindaloo. |
| Posted by: DMFD 2006-05-28 14:31 |
| #3 When the British ruled India, it included what is today Pakistan, India, and Bangladesh. So they all began at roughly the same starting point. You could say the same thing about Connecticut and Maine. |
| Posted by: Nimble Spemble 2006-05-28 12:00 |
| #2 It's more interesting to compare per capita GDP at PPP - which takes into account cost of living. When the British ruled India, it included what is today Pakistan, India, and Bangladesh. So they all began at roughly the same starting point: India (per capita GDP - PPP): $3400 Pakistan (per capita GDP - PPP): $2400 So the per capita GDP in India is 50% higher. What could possibly account for the difference? (Hint: democracy, education, culture). Source: http://www.cia.gov/cia/publications/factbook/rankorder/2004rank.html |
| Posted by: DMFD 2006-05-28 10:09 |
| #1 All those billions in foreign aid. Shaukat better be careful, this is not sustainable.. and the crash will be severe... |
| Posted by: john 2006-05-28 09:44 |