Import of goods in Nov is 7.5 billion dollar and Youthia is enjoying 2.9 billion export. This is called Munafiq when you say that import are increased due to international ,however, export are increased due to PTi competence. They are kids and insecure breeds.
Why PTI failed to check inflation?
- Thread starter arifkarim
- Start date
Sorry i am wrong. Import figure is goods is 7.85 billion. Congrulation PTI. You did it.
arifkarim Wake up Pak Wake Up Pakistan desan Will_Bite Resilient Sonya Khan miafridi Rajarawal111 AZ1 chandaa knowledge88 Hate_Nooras Oppostion Is Mafia Digital_Pakistani
arifkarim Wake up Pak Wake Up Pakistan desan Will_Bite Resilient Sonya Khan miafridi Rajarawal111 AZ1 chandaa knowledge88 Hate_Nooras Oppostion Is Mafia Digital_Pakistani
arifkarim
Prime Minister (20k+ posts)
Imagine that. 5 billion dollars trade deficit. Total IMF program is 6 billion dollars
Resilient
Minister (2k+ posts)
پوری دنیا میں تیل کی قیمتیں کم ہورہی ہیں ہمارے ہاں کیوں نہیں کم ہوئیں؟؟
Resilient
Minister (2k+ posts)
They did the same. Remember Asad Umar was saying that we depreciated PKR before going to IMF so IMF could not demand depreciation of PKR.
PTI govt has nothing to do with hike in power tariff: Asad Umar
FM claims rate hike affects heavy consumers only, will not impact majority of households, commercial entities.
www.dawn.com
Rupees hits historic low ahead of talks with IMF
KARACHI: “When we woke up in the morning we came to know that the Pak rupee has been depreciated almost by PKR 10 against the dollar in the inter-bank market, it was a big shock,” says Zafar Paracha, General Secretary of Exchange Companies Association of Pakistan. This weekend, the Pak Rupee...
www.arabnews.com
Munawarkhan
Chief Minister (5k+ posts)
Thanks for raising this Arif.
it is true that the current govt faced crisis early than in the form of regional conflicts & pandemic, but still this situation could've been handled better.
In my opinion, they faced additional resistance from bureaucracy & didn't carry the authority over them. Mafias in industries is not an excuse, how they couldn't predict this and they were late in going hard on them. How difficult it was to ensure petroleum availability when the prices went down? I feel that there are few reasons for it, eg.:
We have imported inflation & we have internal disasters, both of them combined makes the life of public miserable. Compounded with dollar decline the speed of growth is much slower than inflation. Faster decision making in the beginning, better accountability would have given relief to the public from this mafia.
it is true that the current govt faced crisis early than in the form of regional conflicts & pandemic, but still this situation could've been handled better.
In my opinion, they faced additional resistance from bureaucracy & didn't carry the authority over them. Mafias in industries is not an excuse, how they couldn't predict this and they were late in going hard on them. How difficult it was to ensure petroleum availability when the prices went down? I feel that there are few reasons for it, eg.:
- Decisions making process is a disaster, they are good in initiatives but bad in planning it out in detail. Like they had a 100 days agenda, ok some tasks were not completed in their 100 day report, but is it completed now? we don't know. citizen portal is an excellent immediate relief solution, but has it translated to institutional reforms, we don't know. This is the governance solution that they have, now they only need to manage it to their advantage.
- Management first reform later, unless you manage better than the ppl before, you cannot execute reforms. this cannot be an excuse that we are rebuilding it first, then you will see results. Ofcourse, that's the easier option, but the public is harmed due to delays. Why couldn't they go hard after the petrol associations on day1 when the prices went down & they stopped giving petrol? or raid Sugar traders in Jan/Feb when the sugar shortage first started? These type of decision making has to be done faster, else it becomes a chain disaster.
- They tackled the biggest issues first, things that were hurting the govt in terms of deficit, like IPP contract negotiations, Steel Mill issue etc. which again couldn't be an excuse that other things couldn't be managed simultaneously. These mafias go to courts, govt approved 120 new NAB courts last year, what happened, we don't know.
We have imported inflation & we have internal disasters, both of them combined makes the life of public miserable. Compounded with dollar decline the speed of growth is much slower than inflation. Faster decision making in the beginning, better accountability would have given relief to the public from this mafia.
Munawarkhan
Chief Minister (5k+ posts)
Agreed with all that you say, but that should effect only the first 1-2 years. Then it should come down, or stay where it was instead of increasing
arifkarim
Prime Minister (20k+ posts)
PTI inflation management is a disaster.They did the same. Remember Asad Umar was saying that we depreciated PKR before going to IMF so IMF could not demand depreciation of PKR.
PTI govt has nothing to do with hike in power tariff: Asad Umar
FM claims rate hike affects heavy consumers only, will not impact majority of households, commercial entities.www.dawn.comRupees hits historic low ahead of talks with IMF
KARACHI: “When we woke up in the morning we came to know that the Pak rupee has been depreciated almost by PKR 10 against the dollar in the inter-bank market, it was a big shock,” says Zafar Paracha, General Secretary of Exchange Companies Association of Pakistan. This weekend, the Pak Rupee...
Resilient
Minister (2k+ posts)
غلطی عوام کی ہی ہے جو پی ٹی آئی کے جھانسے میں آگئی
They are shocked and insecure. They have already madeup there mind that we will not elected in 2023. They have made up what ever is the reason they made up this outcome.
arifkarim
Prime Minister (20k+ posts)
اس مفرور کے جھانسے میں بار بار آنے والی بھی وہی قوم ہے پٹواری
Shazi ji
Chief Minister (5k+ posts)
ٹھیک ہے جناب ،،درست فرمایا
Shazi ji
Chief Minister (5k+ posts)
Arif sb باز آ جائیں
off course current govt is responsible. However, the reason is given in earlier post.
is govt ko pahle pmln ke hissay ki prices increase karni thi jisme 2 saal lag gaye. phr apne hissay ki bho prices increase karni pari tu corona aya hua tha. ab 2021/22 me ye apne hissay ki prices increase kare ge.
Future me bhi electricity/gas prices increase karte rehna hongi because naye anaye wala saray plants buht expensive hain.
Who is answerable to this?
Audi Pakistan Has Imported 48 Units of E-Tron GT to Pakistan
Due to different tax breaks on EV imports, demand for luxury electric vehicles (EVs) is fastly increasing in Pakistan. Vehicles like the Tesla Model S, Porsche Taycan, and Audi E-Tron SUVs are becoming very common on Pakistan roads. One of the common EV Companies in Pakistan, Audi Pakistan has...
startuppakistan.com.pk
As new plants come online the capcity charges will continue increasing so the unit cost of electricity will also increase. Electricity prices will have to be increased until all the capacity payment charges of future plants are absorbed.
Similarly as local gas reserves deplete (almost 10% per year) more and more LNG will be imported which costs many times more than the local gas. As a result, gas prices will also have to be increase almost every year!!
Who is answerable to this?
Audi Pakistan Has Imported 48 Units of E-Tron GT to Pakistan
Due to different tax breaks on EV imports, demand for luxury electric vehicles (EVs) is fastly increasing in Pakistan. Vehicles like the Tesla Model S, Porsche Taycan, and Audi E-Tron SUVs are becoming very common on Pakistan roads. One of the common EV Companies in Pakistan, Audi Pakistan has...
8 billion imports per month is too much. Clearly 100-200 cars does NOT get you to 8 billion imports. I don't know the exact breakdown but there is something odd about these figures.
Dollar has gone from 153 to 175 in last 6 months and yet imports have increased from $4 to $8 billion. Do you believe it can happen?
I don't know the exact answer why the imports increased so much but I think some of this import is ending up in Afghanistan.
US withdrew from Kabul on 30th August after which restrictions were placed on Taliban govt in Afghanistan.
Exchange rate on 1st Sept was 165 and avg oil price was $70.75/bbl. CAD in August was $1.5 billion.
Exchange rate on 1s Dec is 175 and avg oil price was $81/bbl. CAD in November went up to $2 billion.
Either people in Pakistan are getting rich and buying more petrol despite ever increasing oil price OR goods are being smuggled to Afghanistan. I think it is the latter and it seems to be govt policy to support taliban govt in afghanistan
Razzak Dawood said it is due to cars, soya been, raw materail, cars and housing items. He said in Dec he says import of goods will be above 8.5 billion dollar and they cannot reduce it because this was all pre booked.
