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What's Billions of Dollars Between Friends?

Kudos to Pakistan Today for increasing the potential GDP of Pakistan by US$10 Billion. Alternatively, shame on the Express Media Group for causing a loss to the national exchequer of over US$10 Billion.

Seriously, though, if you look at the differing valuations of the accords signed during the visit to Islamabad of Chinese premier Wen Jiabao in the various papers, you are likely to be scratching your head.



Chinese PM Jiabao with PM Gilani at Pak-China Business Summit (Photo: AFP / Dawn)


Here is the differing monetary worth of the Pakistan-China accords as papers across Pakistan quoted them:

Express Tribune: Up to US$30bn
Express: Up to US$30bn
Jang: US$30bn
The News: US$30bn
Daily Times: US$35bn
Nawai Waqt: US$35bn
The Nation: US$35bn
Dawn: US$36bn
Pakistan Today: US$40bn

I guess when you're playing around with tens of billions of dollars, what's ten here or there. But consider for a moment what even one billion dollars means for Pakistan at this stage. I mean, is it really so insignificant an amount that different valuations can be off by that much? Can someone please explain to me these discrepancies?

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