whoever posts against khan or pti is a traitor and should not be allowed to post
Pakistan ecomony is started from where it was with no improvment by PTI.
- Thread starter Doom1111
- Start date
An acute case of an overdose of Terrorist Feku Modi's Magic Tonic "GoMutra-Gobar".?Pakistan FDI decreased 30% to 40% compare to other countries in Region.
India FDI was 60 billion at the moment and could close to 65 billion in pandemic year.
Bangladesh received $2.56 billion FDI in 2020 hit with only 10% less.
Pakistan FDI reduced to 30% compare to last year.
Is Pandamic only for PTI government?
Worst Inflation in the region.
Another achievement is that PKR is again on devaluation path.
IMF has paused loans and WB and ADB has blocked 1.1 billion dollar loan.
World Bank, ADB delay $1.1 billion loans to Pakistan over deadlock in IMF talks
Pakistan faces a delay of $1.1 billion in project loans from the World Bank and the Asian Development Bank, officials at the multilateral institutions said on Wednesday, as the government prepares to renegotiate conditions imposed by the International Monetary Fund to approve the remaining...www.arabnews.pk
In my point of view, PTI never had an economic team ,which could lead them out of this mess. Perception is the thing that runs market and finance. Now PTI cannot blame any one for the worst inflation in the region because every country suffered pandemic and just not only Pakistan.
Now come to Market base currency. What we achieved? Nothing. No improvement in exports and imports are crossing 5 billion per month from last 7 months. Yes will come out from FATF grey to white list inshallah very soon. But these things were done very fast in PMLN era. IMF program was completed at fast track, FATF work was done within 1 year time frame and we were white list in 2014 and inshallah white list again 2021. However, their zero improvement in our economy things are again moving where it left off like PKR is devaluing again, IMF program paused again, World Bank and ADB has delayed some of our loans, imports are rising faster than PMLN era, CAD again is going up and investment are dull.
There is no major industry investment came in PTI era. It came in PPP and PMLN yes but with a clean Party i was hopping that foreign countries would trust PTI but i was totally wrong. Imran Khan dignity kind of thing is bullshit because we are taking loan from them and we are only making harder for self we have to do what they are saying due to easing IMF conditions. You see how PTI will spin things when they will have increase electricity prices because going out of IMF program with no improvement is 10000% impossible.
PTI fan bases will remember this topic because i tell you one thing is that every country has a problem PTI government like UAE, KSA, Qatar, Oman etc. Only we are facing visa issue in the entire region, even though we have far better control over covid. These are country that saved us from default and we lobbied against them in National Media.
Nothing has improved for a common man and 90% of public Pakistan.
In personal view if their was government other than PTI than it would had done much better to handle the issue because PM Khan it self says that Asad Umar was disaster and he mislead us on IMF issue. Than Shaukat Tarin says that Hafeez Sheik did a very bad negations on IMF with Electricity tariff.
We achived zero and nothing by bring Market base currency in Pakistan and a big reason for PTI loss in by election.
It BS when a see comment stating that we had CAD of 19 billion or no reserve. When PTI came already completed forward contracts of 19 billion. With no reserve, Sri Lanka is the case study how they managing with less 4 billion dollar reserve with less inflation and with the debt of 6 billion per year.
It was a political setup that lead to disaster. They are many different cast in their and their government had very less support. You do not read? It was a french colony.Wtf common man got? Is common man aware of what happens when country defaults due to Pmln like policies? Check with people of Lebanon.
Lebanon’s economic crisis: A tragedy in the making
For the past 18 months, Lebanon has been reeling from a wrenching economic crisis. This essay deciphers the crisis’s origin, describes the current juncture, and reflects on the likely outcomes in the proximate future.www.mei.edu
Lebanon sees further currency crash, food unaffordable, hospitals closed, internet down | Cyprus Mail
Lebanon’s currency crashed on Sunday reaching a new low against the dollar, as the country’s financial meltdown continues: Food is unaffordable, hospital are closed, petrol is unavailable, the internet is down, capital controls are to be established, coronavirus rages, and electricity is...cyprus-mail.com
arifkarim
Prime Minister (20k+ posts)
Malaysia is no Pakistan. It had enough exports to cover its imports unlike Pakistan
arifkarim
Prime Minister (20k+ posts)
Yeah is it because we don't have Nawaz Sharif as PM? ?
arifkarim
Prime Minister (20k+ posts)
No because this government very stupid. When you take loan than you should follow their policy like China makes countries follow. If you take loan, show things in national channel ,which the country that helps us in near default will feel that i should have not saved them. Respect your lenders.
arifkarim
Prime Minister (20k+ posts)
But common man demands democracy during martial law Khotay
arifkarim
Prime Minister (20k+ posts)
But their policies were the same as Musharraf, Zardari, Nawaz. Import led growth, artificial price of dollar, fixed exchange rate
Thailand is in Army rule, Egypt as well, Malaysia in Kingship different to gulf, Gulf all are king. No democracy and better life than us. Democracy in Muslim country is a cancer because i believe that 90% Pakistan do not deserve to vote because sell their vote for money. Yes PTI deserve to win election and they got the chance but in 2023 now we need a Army rule to sentence all corrupt Politician to jail like Saudi did because this can only be done in Autocratic system where their is no court.
arifkarim
Prime Minister (20k+ posts)
Finance minister doesn't control inflation. It's the policies. If present govt allow import led growth, fixed exchange rate, then inflation will come down for common man but this would be destructive for long term health of the economy
They had no policy that was the problem.
PPP fixed CAD better than PTI at the time do you know?
arifkarim
Prime Minister (20k+ posts)
Last mega NRO to corrupt politicians was given under army rule of Musharraf ?
arifkarim
Prime Minister (20k+ posts)
Yes, that's why they couldn't control inflation. You can't have a manageable CAD and low inflation.
Proper army rule like Thailand best example.
Inflation was their due to Interest rate at 14.5. PTI is doing worst thing to not let interest rate to go beyond 9 to control CAD and import. All Political motive like PMLN and PPP
arifkarim
Prime Minister (20k+ posts)
As long overseas Pakistani are providing extra ten billion dollars in remittances, Pakistan won't suffer another current account deficit crisis like the past
arifkarim
Prime Minister (20k+ posts)
7 percent interest rate is below inflation so you are right. But govt can't dictate State bank of Pakistan that set interest rate
