01-08-2010, 04:14 PM
<blockquote id="quote"><font size="1" face="Verdana, Arial, Helvetica, san" id="quote">quote<hr height="1" noshade id="quote"><i>Originally posted by maqszaman</i>
<br />Hi Toronto Boy,
Deficit planning is only good if it is managed in certain parameters. Generally it is 2% to 3% of GDP. No doubt deficit planning help economies grow and ignite economic activities. However, in Pakistani prospective, Govt over runs the limited which has caused inflation to grow more than 20% as per CIA Report of Facts, WB & IMF. Food inflation is even higher. I don't think that deficit planning is the only reason for such high inflation. In fact corruption is also a major factor.
<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">
In my opinion the volume of any economic activity or perameter should be described in relation to per centage with N.I rather comparing on GDP basis.
<br />Hi Toronto Boy,
Deficit planning is only good if it is managed in certain parameters. Generally it is 2% to 3% of GDP. No doubt deficit planning help economies grow and ignite economic activities. However, in Pakistani prospective, Govt over runs the limited which has caused inflation to grow more than 20% as per CIA Report of Facts, WB & IMF. Food inflation is even higher. I don't think that deficit planning is the only reason for such high inflation. In fact corruption is also a major factor.
<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">
In my opinion the volume of any economic activity or perameter should be described in relation to per centage with N.I rather comparing on GDP basis.
