India Pakistan conflict along LoC and counter terrorist operations

[ezsasa]

Something good is happening with Pakistan economy

IMF has forced them to give complete autonomy to SBP ie the Paki reserve Bank

Now.SBP will only report to IMF

This will create more economic hardships for Paki public and thus more agitations , violence and chaos , not immediately but within a year

‘Gaya’ Pakistan?

From reports in the press, the State Bank of Pakistan Amendment Bill, 2021 seems to be an Enfield rifle, greased ...

www.brecorder.com

Who ever wrote this article is an idiot, his arguments are rhetorical based on nationalism. An independent SBP would be good for Pakistan.

and also this idiot author does not know that UK was also in IMF control for brief period, then Margaret thatcher got elected and set things right and made UK a prosperous country that we see now.

 

[pankaj nema]

It will be interesting to watch how it impacts Pakistan and its self image.
It will surely hurt their ego (immediate due to SBP take over and short term because of impact to society), but in the long term its going to help them. I don't like that part.

No it will not help them

Because Paki System works like this

They "accept " IMF conditionalities for a while , then , they use IMF good conduct certificates to raise debt from Commercial Banks in dollars at high interest rates

And then finally when the elections come close , they kick out the IMF and start heavy expenditure again ie imports and domestic expenditure

So while IMF discipline will just about stabilize the economy for a while , while reducing inflation and growth , in 2023 they will go on a binge once again

This happened in 2013 and 2018 as well

But this time it will raise their external debt to 130 Billion ie make it unsustainable

So when the new govt comes in 2023 August , it will be Fuc**d up from the beginning

 

[pankaj nema]

Who ever wrote this article is an idiot, his arguments are rhetorical based on nationalism. An independent SBP would be good for Pakistan.

and also this idiot author does not know that UK was also in IMF control for brief period, then Margaret thatcher got elected and set things right and made UK a prosperous country that we see now.

The difference between UK and Pakistan is the quality of Human Resources

Pakistanis are incompetent people

Therefore their economy is in such bad shape

They have only invested in Jihad not in HRD

 

[ezsasa]

The difference between UK and Pakistan is the quality of Human Resources

Pakistanis are incompetent people

Therefore their economy is in such bad shape

They have only invested in Jihad not in HRD

I look at it a little differently, focus on jihad in pak is a cop out to cover up for bad governance.

But yes, it does look as if smart people who have the capability to revive pak economy have left Pakistan for greener pastures in the west. the quality of governance talent which is left is pak is mediocre at best.

 

[pankaj nema]

I look at it a little differently, focus on jihad in pak is a cop out to cover up for bad governance.

But yes, it does look as if smart people who have the capability to revive pak economy have left Pakistan for greener pastures in the west. the quality of governance talent which is left is pak is mediocre at best.

Pakistan invested in huge electricity projects by taking huge loans from China and other IPPs ie independent power producers as they call them in Pakistan

Now the fun is that that they have to pay for this surplus Capacity , this is called payment for capacity charges

They are unable to use this electricity for industrial growth and manufacturing because they dont have suitable human resources for setting up factories

And the high cost of this electricity has made their products very expensive in global markets

IMF wants more taxes to be levied

So which private industry will invest in Pakistan

Earlier they did not have electricity

Now this expensive electricity is dragging them in a debt trap

 

[ezsasa]

Pakistan invested in huge electricity projects by taking huge loans from China and other IPPs ie independent power producers as they call them in Pakistan

Now the fun is that that they have to pay for this surplus Capacity , this is called payment for capacity charges

They are unable to use this electricity for industrial growth and manufacturing because they dont have suitable human resources for setting up factories

And the high cost of this electricity has made their products very expensive in global markets

IMF wants more taxes to be levied

So which private industry will invest in Pakistan

Earlier they did not have electricity

Now this expensive electricity is dragging them in a debt trap

Yup.. they are following a practice which India used to do during congi times, trying to control losses by doing power cuts.

A human price for surplus power | The Express Tribune

Pakistan now produces more power than it uses. But why do many areas continue to suffer back-breaking power outages?

tribune.com.pk

 

[pankaj nema]

Yup.. they are following a practice which India used to do during congi times, trying to control losses by doing power cuts.

A human price for surplus power | The Express Tribune

Pakistan now produces more power than it uses. But why do many areas continue to suffer back-breaking power outages?

tribune.com.pk

In 1990s , Sharad Pawar nearly fuc**d up Indian economy by entering into a deal with ENRON of USA

That power was as most expensive in the world

When Shiv Sena govt came , they realised that MSEB would become bankrupt by buying such expensive power

So they cancelled the contract

Now ENRON threatened India with billions of Dollars in Damages

But very luckily for India , Enron itself became bankrupt and had to shut down its parent organisation in USA

All this happened in 1996 - 97

Otherwise we had to pay Billions in Damages , that time our forex reserves were just 30 Billion USD

After ENRON fiasco Central govt made a rule that NO state govt can enter into a contract with foreign company unless it is approved by Centre

ENRON was a greedy Bas***d

Their greed finished them

Anyone interested can Google about this Enron story

 

[ezsasa]

In 1990s , Sharad Pawar nearly fuc**d up Indian economy by entering into a deal with ENRON of USA

That power was as most expensive in the world

When Shiv Sena govt came , they realised that MSEB would become bankrupt by buying such expensive power

So they cancelled the contract

Now ENRON threatened India with billions of Dollars in Damages

But very luckily for India , Enron itself became bankrupt and had to shut down its parent organisation in USA

All this happened in 1996 - 97

Otherwise we had to pay Billions in Damages , that time our forex reserves were just 30 Billion USD

After ENRON fiasco Central govt made a rule that NO state govt can enter into a contract with foreign company unless it is approved by Centre

ENRON was a greedy Bas***d

Their greed finished them

Anyone interested can Google about this Enron story

Oh I know Enron well, Their debacle fiasco allowed me to introduce maker checker concept in business processes in many Indian companies as part of best practices.
====
Offtopic but since we are in conversation on governance.
Edit: I thought I should elaborate “maker checker” concept for young India. It works like this, an employee of an company should not be allowed to make a purchase order, approve the same purchase order and issue a cheque against this purchase order. Same person should not be allowed to all three things. sounds so obvious now, but before Enron collapse it was not strictly followed in private companies. Same thing applies to many other business processes.

 

[FalconSlayers]

Someone call PETA

Old video, very old video.

 

[Maharaj samudragupt]

In 1990s , Sharad Pawar nearly fuc**d up Indian economy by entering into a deal with ENRON of USA

That power was as most expensive in the world

When Shiv Sena govt came , they realised that MSEB would become bankrupt by buying such expensive power

So they cancelled the contract

Now ENRON threatened India with billions of Dollars in Damages

But very luckily for India , Enron itself became bankrupt and had to shut down its parent organisation in USA

All this happened in 1996 - 97

Otherwise we had to pay Billions in Damages , that time our forex reserves were just 30 Billion USD

After ENRON fiasco Central govt made a rule that NO state govt can enter into a contract with foreign company unless it is approved by Centre

ENRON was a greedy Bas***d

Their greed finished them

Anyone interested can Google about this Enron story

Thankfully , the centre can hammer the state government's anytime it wishes.

 

[Indx TechStyle]

Something good is happening with Pakistan economy

IMF has forced them to give complete autonomy to SBP ie the Paki reserve Bank

Now.SBP will only report to IMF

This will create more economic hardships for Paki public and thus more agitations , violence and chaos , not immediately but within a year

‘Gaya’ Pakistan?

From reports in the press, the State Bank of Pakistan Amendment Bill, 2021 seems to be an Enfield rifle, greased ...

www.brecorder.com

Not really things work like that.
Heard of saying, "Kamai atthanni aur kharcha rupaiya?" (Earns 50 paise but spends a rupee) which makes any economy unsustainable.

Pakistan is low income country near to the level of Myanmar if not Afghanistan (doesn't matter if it was a better place than today in past). It's people yet enjoy a weak tax regime and has its currency too high over actual value which at least doesn't match economic realities of country.
Independent SBP will be free from all political pressure to sustain this stupidity. Citizens will face problems in short term but economy will get somewhat fixed in long term.

 

[fire starter]

Not really things work like that.
Heard of saying, "Kamai atthanni aur kharcha rupaiya?" (Earns 50 paise but spends a rupee) which makes any economy unsustainable.

Pakistan is low income country near to the level of Myanmar if not Afghanistan (doesn't matter if it was a better place than today in past). It's people yet enjoy a weak tax regime and has its currency too high over actual value which at least doesn't match economic realities of country.
Independent SBP will be free from all political pressure to sustain this stupidity. Citizens will face problems in short term but economy will get somewhat fixed in long term.

Their economy will remain screwed forever thanks to China.

 

[Ayushraj]

Something good is happening with Pakistan economy

IMF has forced them to give complete autonomy to SBP ie the Paki reserve Bank

Now.SBP will only report to IMF

This will create more economic hardships for Paki public and thus more agitations , violence and chaos , not immediately but within a year

‘Gaya’ Pakistan?

From reports in the press, the State Bank of Pakistan Amendment Bill, 2021 seems to be an Enfield rifle, greased ...

www.brecorder.com

Large population of porkis are involved in drugs business, extortion, hawala,etc.
In porkistan large number of people lives depends on money through illegal means.
Their rich and middle just extract as much as money as they could.
So their is informal economy that runs Pakistan that's not reflected in GDP.
So porkistan will survive this economic mess due to it's illegal networks it has created
It's a special case-illegal money destroys Pakistan economy but also saves them ruining

 

[FalconSlayers]

Perfect time to increase escalations with Pakistan. Perfect time, let me add this fact to my article, it is another nail in Porkistan’s coffin.

Pakistan may likely cease to exist by 2030.

A. Water Scarcity

flyingdaggers45.medium.com

 

[FalconSlayers]

Is this loan or aid? And why the f*ck it is being given to pakistan when it is greylisted?

 

[SUPERPOWER]

Is this loan or aid? And why the f*ck it is being given to pakistan when it is greylisted?

China..

 

[Ayushraj]

Perfect time to increase escalations with Pakistan. Perfect time, let me add this fact to my article, it is another nail in Porkistan’s coffin.

Pakistan may likely cease to exist by 2030.

A. Water Scarcity

flyingdaggers45.medium.com

No prediction can be done of Pakistan being broken into pieces.
Pak army is strong enough to deal with internal issues.
After 25 years Pakistan got broken into Bangladesh and Pakistan.
But for 50 years they have survived.
If Pakistan balkanization happens it will happen instantly just like of USSR

 

[Ayushraj]

Is this loan or aid? And why the f*ck it is being given to pakistan when it is greylisted?

Loan with about 0.5% intrest or 1% intrest.
Not like of China 6 or 7%

 

[FalconSlayers]

Loan with about 0.5% intrest of 1% intrest.
Not like of China 6 or 7%

It is written assistance

 

[Vaibhavseafarer]

Replies section is super funny!

Inka toh alag drugs chal rhw hai