The Bangladesh has surpassed PAK in every Sector of Economy.
The {Bangladesh} has presented a federal budget of $71 Billion for the Fiscal Year 2024-23, with a @Growth Target of 7.5% while average inflation is guess at 6.5 Percent.
On the contrary, Pakistan’s potential growth rate target is 3.5% while inflation is estimated at 21%. Bangladesh has about $31 billion in reserves at the start of the new fiscal year, while Pakistan’s foreign exchange reserves are Below $4 Billion or are still made up of borrowings from Friendly Countries.
Almost Fifty-two years after disengagement from PAK, in the “Financial year” 2021-22, Bangladesh’s EXPORT have arrive 52 billion dollars, while Pakistan’s Exports in the same period are limited to only 31.78 Billion dollars.
The (Bangladesh) has set an export target of 67 billion dollars for the Current financial year and the latest financial DATA Shows that BD will Accomplish the Target of More than sixty-five Billion dollars, while Pakistan’s Export Target in the Fiscal Year 2023 was 38 billion dollars. The data for the nine Months of the Present financial year shows that PAK has so far been Able to provide only $21.5 Billion WORTH of exports or services, which is far short of the Target.
Since October 2022, Pakistani exports have continued to decline OR are hope to not even Touch the $30 Billion level. During the fiscal year 2023, the per Capita INCOME in Bangladesh is about 2675 dollars, while it is guess at 1568 DOLLARS in PAK for the same period, the value of the Pakistani Rupee is equal to 0.38 Percent.
Bangladesh has progressed in every (Sector of the Economy) or how it is moving towards further development and increasing its GDP while the situation in Pakistan is the opposite. Statistics appearance that Bangladesh has made proud progress in every SECTOR of the -ECONOMY-, as far as the Indian economy is concerned, it is also considered as a fast-growing economy.
If you look at the data, there is no comparison between Pakistan’s Economy or India‘s. The size of the Indian Economy is 37 trillion 80 billion dollars, in which the growth rate is 6.9 percent, while India’s foreign reservoir are 584 Billion dollars and exports are 676 billion dollars. .
The former East Pakistan has presented its BUDGET under the THEME of ”SMART BANGLADESH” which features elements of a 100% DIGITAL ECONOMY, Science or TECH or Cashless Society.
The Pakistan Govt is likely to current a budget of 146.6 trillion, Pakistan’s GDP growth is guess at 0.299 percent in the CURRENT FISCAL YEAR 2022-23.
The finance minister of Bangladesh says that the Govt will invest in mega projects, the Revenue is guess at 50 billion taka.
Bangladesh has allocated a huge amount of 8.27 Trillion in the ADP for Transport, energy, base, Rural Devt OR Education Sectors.