Pakistan Economy: News & Discussion

[Haldilal]

Ya'll Nibbiars

Debt worries and the economy

The debt servicing cost is likely to remain lower than last year’s owing to a relatively stable exchange rate.

www.dawn.com

 

[Rassil Krishnan]

Next five years’ economic growth not encouraging

Remember my previous post in another thread :

their resources such as water,etc are going to be in critical condition in the future.add to that a pop of 200-300 mil muzzies as the core who are fundamentalists many of whom are not ready for the economy of the future involving tech,etc.you think they will be saved becuz china offered them a strings attached loan .much smaller countries got devastated ,forget about being uplifted due to them and they did not have the issues of terrorism,etc.

only way their issues can be slightly improved if the chinese literally send millions of chinese to occupy pakistan and run it like a colony.

get this in your head,pakistan's problem is pakistanis(the average guy on the ground) and islam - dont divert it to the military and the politicians.i know it is wierd becuz the narrative for every indian(including rw indians) is that pak would be so prosperous if only the military and stupid politicians had not intervened in the politics.in most other states,this would have been true.but do you stop to think maybe it is not the military or politician controlling the people but the meme of islam and the history it has with india acting through the people to control the actions of the military and politicians.because everywhere the average paki is let go and we blame the leaders when they might be the helpless ones.they might have had a say before in decades past but now it is completely on rails.

but the combination of cringeworthy idiotic average pakistani (and the future pakistani) and the ideology of islam would lead to a worse running country.ironically,i can see the military being a bastion of relative secularism in the future due to it very nature.

 

[Vishalreddy3]

Have you ever seen a head of government of a country being proud and bragging about begging from diaspora abroad???

 

[Haldilal]

Have you ever seen a head of government of a country being proud and bragging about begging from diaspora abroad???

Ya'll Nibbiars yeah.

https://defenceforumindia.com/threads/chit-chat-thread.4046/post-1833112

 

[Automatic Kalashnikov]

Have you ever seen a head of government of a country being proud and bragging about begging from diaspora abroad???

Isse tej toh aajkal elon musk aage badh raha hai

 

[ezsasa]

Imran is begging.
View attachment 73062

awam jahil hai, who will explain to them that niazi has imported 5 billion $ worth goods and exported 2.35 billion $ goods in dec 2020. an increase in imports by 650 million $.

The gap between imports and exports increased to $2.7 billion in December over a year ago, a jump of $651 million or slightly above 32%, the Pakistan Bureau of Statistics (PBS) reported on Thursday.

The 32% increase in deficit was due to the spike in imports that overshadowed a gradual improvement in exports. In December 2020, imports surged to $5 billion compared to $4 billion in the same month of previous year, which reflected an increase of 25.2% or $1.01 billion. The $5 billion worth of imports were the highest in the past 19 months. Last time in May 2019, the imports had amounted to $5.04 billion.

Exports showed a significant improvement and surged to $2.35 billion in December, an increase of 18.3% or $364 million. But the increase was not sufficient to contain the trade deficit.

Trade deficit widens 32% in Dec | The Express Tribune

The gap between imports and exports increased to $2.7 billion in December over a year ago, a jump of $651 million or slightly above 32%, the Pakistan Bureau of Statistics (PBS) reported

tribune.com.pk

 

[FalconSlayers]

Have you ever seen a head of government of a country being proud and bragging about begging from diaspora abroad???

1. This is the only source of income for porkistanis. Now they have a Reko Diq case for which they have to pay 6 Billion dollars which seems to be a very small number to us because we are Indian but 6 billion dollars is roughly 2.17% of Pakistan's GDP and they are already burdened with heavy loans, they spend 94% of their revenue on loan interests . Interests never end they add up every year now imagine they will pay 94% of their revenue every year on interests as it never ends until you repay the whole loan.

2. PLus Imran is asking for more Loans under CPEC. Indus river water supply will be stopped by India with dams and Kabul river will have Shatoot dam built by India for Afghanistan's welfare and development and will stop kabul river's water towards pakistan. Their inflation rate is already high which means that the products have become very very expensive there and inflation is getting higher and higher, their currency is getting weaker vs dollar causing huge contractions in GDP of pakistan in future, unemployment is increasing hence less demand for goods in future which will further destabilise porki economy.

3. Pakistani trains are being stopped because of lack of maintenance and demand.

4. Pakistan is also in FATF greylist due to terrorism which makes sure less imports from pakistan and makes it difficult for companies to invest in pakistan, Saudis have stopped delivering oil on deferred payment (free oil).

5. Plus kashmir is getting peaceful day by day hence porkis will pump more money into terrorism in kashmir further dwindling their economy.

6. Pakistan's national airline, "pakistan international airlines is banned across the globe since last year due to fake pilot licenses scandal giving huge losses to porkistani economy.

7. plus pak army has already started crying India will do surgical strike, now they will say qaum nazuk daur se guzar raha hai so give us 10% increase in defence budget which will make their total military spending to 4.62% from earlier 4.2% of GDP (India spent 2.7% of GDP on defence in 2010 and 2.4% of GDP in 2020 on Defence).

8. Now sone pe suhaga CPEC will force imran to get more loans and with high interest rates, and once complete CPEC will be operational, Chinese goods will be flooded in Pakistani market originating from cryna as Terroristan doesn't have an industrial or manufacturing base at all, hence chinese imports will further rise and already very few existing indigenous industries of pakistan will shutdown due to high chinese product demands this is why China is doing one belt one road to dump chinese products and destroy indigenous industries and expand its trade influence hence pakistan's trade deficit will rise making porkis further poor.

9. and last but not the least, Turkey-Iran-Porkistan railway line will further flood Paxtani markets with Turkish goods and will become popular even though much of the market will be captured by chinese, rest will be captured by Turkey as Turkey already has massive soft power in Porkshitstan due to Turkish serial Ertugrul Ghazi. Hence all local industries of Pornistan will vanish and porkistan's exports will be dipped, anything else that will torture already poor Fuckistan will be Iranian expensive oil that they will have to pay and purchase.

10. AND YA ONE MORE THING, Colonel Rajesh will make sure insurgency in pakistan remains at 'Urooj" and keeps destabilising porkistan from inside which will cause loss of billions of dollars of pakistan.




10 Reasons why porkistan will brutally collapse and whatever I wrote is no joke its all serious issues pak is and will be facing and they are so many that I doubt pakistan will be able to survive it.

EDIT: GULF COUNTRIES ARE THROWING PAKISTANIS OUTSIDE CAUSING HUGE LOSSES TO PORKISTANI ECONOMY IN FUTURE DUE TO ARAB HATE FOR TURKEY AND IRAN AND PAKISTAN SUPPORTING BOTH PLUS POOR DIPLOMATIC TIES.

@Haldilal

 

[Kumata]

y,All nibba's

Pakistan PM Imran Khan issues special permit for Dubai royals to hunt houbara bustard

The bird's meat is considered by Arabs to be an aphrodisiac.

www.timesnownews.com

Punchline..

The killing resulted in a lot of criticism but the practice has been going on. The bird's meat is considered by Arabs to be an aphrodisiac.

what is this fixation of peaceful with this thing. I mean are all peaceful born inpotent ... same is case with bat munchers as well.... they are killing animals for this and spreading virus in whole world...

 

[Villager]

State Terrorism by Pakistan acknowledged and accepted by Pakistani former PM's daughter in rigged by-polls.

"The plan of rigging they made using the administration and the police," she said, had "failed badly" despite its implementation and the use of the "worst state terrorism" to enforce it. "This is a glaring thing that they used every tactic [available] and are now out in the open and stand exposed [...] they should now know their standing in the eyes of the people."

The NA-75 by-polls were marred by violence on Friday, with clashes between voters and police in multiple places, including polling stations and a police station at several times during the day. PML-N leaders and supporters accused authorities of preventing voters from casting their ballots. At least two people were killed and three others injured in a firing incident at a polling station. One of the victims was reportedly a member of the ruling PTI while the other belonged to the PML-N.

In a statement on Saturday, the Election Commission of Pakistan said that it suspected results of 20 polling stations had been falsified in the by-election for the NA-75 constituency as the PML-N alleged massive rigging. The commission said results of the NA-75 constituency were received with "unnecessary delay", adding that it tried to contact the presiding officers several times but with no success.

"They took lives and abducted ECP staff; 20 presiding officers were made missing persons," said Maryam as she blasted the government for the incidents that happened during the by-polls. She questioned why out of the 361 polling stations, the staff of 20 polling stations had to go missing during the "fog" and why were the results of these polling stations suddenly changed when the officers returned after 12 hours.

"What bigger evidence is there than this?" She claimed she was also in possession of footage where a presiding officer can be seen acknowledging that unidentified men had arrived in a car and tried to pressure him to return with them with the ballot box instead of in the official ECP vehicle, which he had refused. "These evidences are coming out and they (government) has now fully come out into the open.

'They have been exposed': Maryam alleges govt failed in rigging NA-75 by-polls

Maryam thanks the people of Daska for respecting the vote; questions absence of polling staff from 20 stations.

www.dawn.com

 

[Villager]

WASHINGTON: A US federal judge sentenced an American venture capitalist of Pakistan origin to 12 years in prison for falsifying records to hide his work as a foreign agent while lobbying high-level US officials.

Prosecutors accused Mr Zuberi of soliciting foreign nationals and representatives of foreign governments, offering to use his influence in Washington to alter US foreign policy and to create business opportunities for his clients.

US media outlets claimed that Mr Zuberi “went to great lengths to pull off his scheme, hiring lobbyists, retaining public relations professionals and making campaign contributions” to enhance his influence.

Prosecutors claimed that illegal money was funnelled from foreign entities over five years between 2012 and 2016, but did not reveal the source of those funds.

They accused Mr Zuberi of soliciting members of the House of Representatives, the Senate Foreign Relations Committee and other powerful politicians as well to secure favours for his clients.

Pakistani American venture capitalist gets 12 years imprisonment

He was accused of soliciting members of House of Representatives and other powerful politicians to secure favours for clients.

www.dawn.com

 

[ezsasa]

If anyone comes across any technical discussion/article on why exactly there was shortage of sugar and cotton in the first place, do post it here..

 

[Haldilal]

If anyone comes across any technical discussion/article on why exactly there was shortage of sugar and cotton in the first place, do post it here..

Ya'll Nibbiars I can but need's time busy now.

 

[ezsasa]

Isn’t it a coincidence that Pakistan’s sudden demand of cotton comes within same period as American sanctions on Xinjiang cotton playing out.

Simplest correlation is that pakis didn’t mind buying cotton from Chinese companies which were using fellow Muslims as “slaves”, but will not utter a word in support of Uighur Muslims.

Uyghurs: Xinjiang cotton ban is self-defeating, China tells H&M

Western brands are facing Chinese boycotts for expressing concern over the treatment of Uyghurs.

www.bbc.com

 

[Villager]

If anyone comes across any technical discussion/article on why exactly there was shortage of sugar and cotton in the first place, do post it here..

Report by Pakistani Sugar Mills Association

http://www.psmacentre.com/documents/Annual_Report_PSMA_2020.pdf

 

[Indx TechStyle]

So, Pakistan now has global tender to buy sugar. Will buy it from anywhere except India.

 

[ezsasa]

Report by Pakistani Sugar Mills Association

http://www.psmacentre.com/documents/Annual_Report_PSMA_2020.pdf

So this was a policy failure, they were not able to calculate the drop in production.

and intrestingly in the same document, numbers indicate paki population count dropped as per official figures and no one made a peep about it. cross checked with paki economic survey, number for 2018 and 2019 are official numbers.

in any other country this would be a huge news..

 

[indiatester]

So, Pakistan now has global tender to buy sugar. Will buy it from anywhere except India.

Let them burn their money. That much less to spend on hurting us.

 

[Lonewolf]

Let them burn their money. That much less to spend on hurting us.

They have over confidence , they think they can use our market ,and leverage for their economical growth , what they gonna sell ,cause we don't want neither donkey nor women

 

[Chinmoy]

So this was a policy failure, they were not able to calculate the drop in production.

and intrestingly in the same document, numbers indicate paki population count dropped as per official figures and no one made a peep about it. cross checked with paki economic survey, number for 2018 and 2019 are official numbers.

in any other country this would be a huge news..

View attachment 84311

Drop in population, but increase in per capita consumption?
Pakis got a sweet tooth or what?

 

[Maharaj samudragupt]

Russia is laying a gas pipeline in Pakistan, from karachi to kasur .
What you think of it ?