Activity well fares effect during three years.

 Activity well fares effect during three years.

PLMN Govt and PTI Govt ‘

The well-being of PLMN in 2013 general prices of goods and services were low compared to the PTI government. Many aspects are better than under the PLMN government, such as lower prices for all goods and services and a higher level of general well-being than under the PTI government. The scenes of people's well-being are the best. I saw different websites and videos, and they gave many opinions, but most people said that well-being is greater than the PTI government. All opinions agree that the PLMN government provides better well-being than the PTI government.

The PLMN government's economic policies are increasing debts, both internal and external. The foreign debts also increased. From 2013 to 2018, the PLMN government has reduced all economic development as a result of debts and crises. According to the economist, from 2013 to 2018, adoption debts, economic development, and government well-being increased, but the economic situation and economic plan development decreased.

PTI Government

The PTI government increased the prices of goods and services. General well-being is decreasing because the inflation rate is high and real purchasing power is decreasing. Also, the middle man is erupting in the economy. The poor, in particular, face problems such as high prices, inflation, other social problems, and economic problems.

Economic Overview of 2 Years of PLMN & PTI Government

 FY 2018 FY 2019 FY 2020

GDP $315 bn $284 bn $264 bn

GDP Growth 5.8% 1.9% -0.4%

Per Capi Income $1,652 $1,455 $1,388

Inflation 3.9% 8.9% 10.7%

Exports bn $24.8 $24.3 bn $22.5 bn

In 2013, PMLN Our GDP growth was only 3.5%, our budget deficit was 8.2%, our foreign exchange reserves were US$ 9 billion and the inflation rate was 11.4%. Our FBR tax collection at Rs 1,946 billion was only 8.4% of GDP 3 and was stagnant. Large-scale manufacturing was declining, our exports at $24.8 billion had declined from the previous year and foreign direct investment had also declined. When we left in 2018, our GDP or national income was growing at 5.8%, inflation had been brought down to 3.9%, the budget deficit was 6.5%, we had doubled our tax collection to Rs 3,842 billion or 13% of GDP, and had foreign exchange reserves of over $16 billion. We left exports at $24.8 billion and had set the export sector on a path of revival and growth by improving the energy supply and security situation. Our remittance had grown from $14 billion to $20 billion.

( Ali Hassnain GILGIT)