Explainer: Sri Lanka's Economic Crisis and Lessons for Pakistan | EP 3 | Osama Rizvi | WTI
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- čas přidán 31. 03. 2022
- In this video, Osama Rizvi, explains what is happening in Sri Lanka and Why. He also highlights some important facts and figures and connects it with Pakistan's current context.
Important Reading:
1) www.reuters.com/world/asia-pa...
2) www.reuters.com/markets/rates...
3) www.reuters.com/world/asia-pa...
4) www.reuters.com/markets/asia/...
5) nationalinterest.org/blog/buz...
#CSS #FPSC #SriLankaEconomicCrisis
Very good quality content and superb presentation. Hard to find such quality presentation in Pakistani CZcams channels.
Informative video having good critical analysis..... Appreciated
Informative sir thnx a lot
Informative ❤️
Highly appreciated ☺️
Great analysis bro keep it up
Informative
Informative presentation for Economic Students..
Excellent Explanation
The way he explains is superb!
It's Great sir . We need more vedios like this . 😊
Good effort Sir
Good Analysis
God bless you sir.
Nice bro
We hate to admit it Sir but just One more push for touching economic crisis
However, He’s imitating Sir Ahmed Ali Naqvi 😉
Learning from the best.
This is the result of dynastic politics and corrupt politicians, a single family is at the helm of power since long but the ordinary masses of the island country are suffering severely.
Similarly, covid -19 pandemic has devastated middle level economies Around the world. If PMIK was not here then the same could be happened, rational thinking of PMIK made pakistan safe from downing .
Pakistan should brace itself up in order to confront a alike situation in coming times.
Post seizing power in Pakistan by habitaul corrupt, the bankruptcy of Pakistan cannot be ruled out altogether..
Pertinent analysis!
Link Sri Lanka debt trap narrative from China pl
Pakistan default ho sakta hai ?
I am an Indian . I see Pakistani rupee is getting weaker day by day to Indian Rupee .
He should start by outlining whole session then describing the most basic cause of economic crisis. He is just imparting figures without providing any meaningful message. This is the mistake which most of or I say almost all CSS aspirants make
Make your own video and upload a link to the comment. Maybe it is unstructured content for you, but valuable for others.
@@arslannazir1468 brother you are right, this content is useful for myself also. The point which I want to make here is that aspirants should be careful of the right way to present their arguments.
@@mujtabahussain4799 Agree. 👍
@@mujtabahussain4799 Are you a kindergarten student? 😂😂😂😂
@@goose2473 good joke bro. 😒 Jab aap Kisi se baat krte he tu wo baat be rabt Hoti he? Ya phir "well-composed". Articulation is necessary to be meaningful
It means that Imran khan's move to decrease oil prices will cause drastic problems in future for pak economy??
Could be
Ya to English me bol lo ya urdu me. Please mix up na krein shukria
Oh bhai Pakistan boht bra hai.logo kay pas bohat pasa hai.kuch nhi hota Pakistani economy ko
It would be better to breathe before u begin like mate u are tensed even when u breathe. Take pauses and chillax and speak 😐
Oh one more thing make a outline and then speak upon it. It feels like raata when it should be more of a conceptually clear and understood...
But ok
Unstructured content.
Pakistan should take some lesson from Bangladesh
Bangladesh at 50: From 'basket case' to rising economic star:
Before the onset of the coronavirus pandemic, the economy was growing rapidly, recording an annual expansion in the range of 8% for years.
The Asian Development Bank said that despite the hit from the pandemic, Even in coronavirus pandemic GDP growth was 4.5 in 2020. the Bangladeshi economy is recovering fast.
"Bangladesh also grows enough food now to feed its 165 million people. The country has a significantly reduced maternal and infant mortality rate than many other countries in the world,"
Bangladesh achieved middle-income country status in 2015 and is on track to leave the United Nations' Least Developed Countries list.
Currently, 98% of children nationwide have finished primary school, with more girls in secondary school than boys.
Literacy rate rose to 74.9 % in 2021 from 26.8 % in 1974
According to Global Gender Gap report 2021 by the world Economic forum, Having closed 71.9% of its overall gender gap, Bangladesh is the most gender-equal country in South Asia for the seventh time in a raw.
world Economic forum say the Muslim-majority nation over the years has invested heavily in the lives of women and girls. It has also made progress in combating child malnutrition and reproductive health.
With a GDP of over $409 billion (€362 billion), Bangladesh currently has the world's 37th largest economy and forecasts suggest that the size of the economy could double by 2030 and Bangladesh will be the world's 26th largest economy
Bangladesh has became a food sufficient Country ,the country became 4th largest producer of rice 3rd in vegetable and 3rd largest producer of fresh water fish in the world .
In 1971, Bangladesh started receiving foreign direct investment (FDI). In 1972 Bangladesh received $90,000 FDI, and in 2019 Bangladesh received a record $3.61 billion FDI.
private investment in Bangladesh was 14.5 Billion USD 10 years back but now in 2021 private investment increased by 74.5 Billion USD
As of September 2019, Bangladesh has immunized 38 million children since 2003. Bangladesh is a polio free country since 2006 and has eliminated the neonatal tetanus threat.
Global Gender Gap Index 2020. During the period of 1996-2017, the national rate of female labor force increased from 15.8 to 36.3%, which is higher than the South Asian average of 35%.
Bangladesh has been successful in terms of bringing down infant mortality ratio drastically. In 1973, the infant mortality ratio was 167 per 1000 live birth and in 2020, the ratio brought down to 21 per thousand live birth
The Bangladesh economy is dominated by the services sectors. Over the years, share of the service sectors increased to 56%. During last 50 years, Bangladesh economy experienced a significant decline in agriculture sector employment and rapid increase in industry and service sectors employment growth. Between 1980 and 2010, the service sector recorded steady growth of 3.6% to 6.7%.
EXPENDITURE ALLOCATIONS: On allocations, consider first the big-ticket items. Education and Technology (15.7 per cent of Budget), Finance Division (15 per cent), Transport (11.9 per cent) make up nearly two-thirds of expenditures. Social Welfare, Agriculture, Local Government and Rural Development, Energy, and Health each get about, give and take, 5 per cent of the Budget. A third of all these expenditures will be spent via the Annual Development Plan. So most of the budget expenditure goes to Human development , Education ,Health , infrastructure development and for productive sources.
Over 97% of medicine made in Bangladesh , Currently Bangladesh export medicine more than 140 country .
The garment industry emerged as one of the nation's success stories in recent decades. It is the second-largest globally, only surpassed by China, and rakes in over $35 billion a year from exports.in 2022 only RMG export crossed over 42 Billion USD
The sector employs 4 million people, the majority (80%) of whom are women, contributing to female empowerment.
Meanwhile, the Bangladesh government has set an overall target for exports amounting to $51 billion in 2022.
Remittances also play a major role in the economy, with Bangladeshi workers employed abroad transferring nearly $24.7 billion in the fiscal year 2021.
"Per capita income has increased in Bangladesh. Now it is 2550 USD higher than India .Foreign reserve almost 45 Billion USD
The improvement in female education has transformed the socioeconomic structure,
Providing scholarships for women's and girls' education is another factor. The women are now more articulate.
Net Enrollment in primary school 97.91%. Life expectancy more than 73 years .poverty rate is decreasing less than 10 %. more than 100 million people are using internet regularly.
Power sector also made huge milestone of 100% access to Electricity in the golden jubilee year.
The country successfully launched its first satellite " Bangabandhu -1 "on may 12, 2018 and became 57th country to have own satellite in space. Now Bangladesh preparing for 2nd satellite within 2025.
Bangladesh is not resting but building 100 Economic zone almost 11 Economic zone ready for production and also building 28 hi-Tec park for ICT export .Bangladesh has set a vision to be a developed nation within 2041 . Despite of facing cyclone, flood ,climate change effect and very harsh border with army ruled Myanmar after all this happening in each and every year Bangladesh comeback strongly effectively in every sector of the country..