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.
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.
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.