Pakistan has been left behind by Bangladesh in every sector of the economy, Bangladesh presented a federal budget of 71 billion dollars for the fiscal year 2023-24.
According to the report of Moqar Qaumi newspaper, the growth rate target in the budget of Bangladesh is 7.5% while the average inflation is estimated at 6.5%.
At the beginning of the new financial year, Bangladesh has reserves of about $31 billion, while Pakistan’s foreign exchange reserves are below $4 billion, which also consist of borrowed money from friendly countries.
After separation, Bangladesh’s exports have reached 52 billion dollars in the financial year 2021-22, while Pakistan’s exports in the same fifty-two-year period are only 31.
Be limited to 78 billion dollars. In the budget, Bangladesh has set an export target of 67 billion dollars and the latest financial data shows that Bangladesh will achieve the target of more than 65 billion dollars, while Pakistan’s export target in the fiscal year 2023 was 38 billion dollars, according to the current data.
Pakistan has so far been able to provide only $21.5 billion worth of exports and services, which is far short of the target.
Since October 2022, Pakistan’s exports have continued to decline and it is likely that it will not even reach the level of 30 billion dollars.
The per capita income of Bangladesh during the fiscal year 2023 was about 2675 dollars, while for the same period in Pakistan it is estimated to be 1568 dollars, the value of the Pakistani rupee has remained equal to 0.38 taka.
5 billion dollars in exports and services, which is far short of the target. Since October 2022, Pakistan’s exports have continued to decline and it is likely that it will not even reach the level of 30 billion dollars.
The per capita income of Bangladesh during the fiscal year 2023 was about 2675 dollars while in Pakistan for the same period it is estimated to be 1568 dollars, the value of the Pakistani rupee has remained equal to 0.38 taka.
5 billion dollars in exports and services, which is far short of the target. Since October 2022, Pakistan’s exports have continued to decline and it is likely that it will not even reach the level of 30 billion dollars.
The per capita income of Bangladesh during the fiscal year 2023 was about 2675 dollars while in Pakistan for the same period it is estimated to be 1568 dollars, the value of the Pakistani rupee has remained equal to 0.38 taka.