Pakistan Economy: News & Discussion

[Abdus Salem killed]

₹5.72

Shouldi buy a house in turkey got enough money as a holiday home small beach side for 1 -2 corore or should I wait for another drop ?

 

[THESIS THORON]

 

[IndianHawk]

Shouldi buy a house in turkey got enough money as a holiday home small beach side for 1 -2 corore or should I wait for another drop ?

Buy property only in india will appreciate much faster than anywhere else in world. Buy in coastal area if you like beaches.

 

[Covfefe]

Sajid Dar (@Beingsajiddarr) Tweeted:
#JustNow

After series of discussions , finally International Monetary fund #IMF pumped $6 billion dollars into Pakistan cash-strapped economy.

I guess the current round of negotiations were for the tranche of around 1 billion USD only. Based on this clearance, their other loans from ADB, Arabs, Paris Club etc were contingent.
Poore paise de diye kya?

 

[Vikram314]

https://www.republicworld.com/world...n-pak-calls-it-a-national-security-issue.html

Don't have enough money to run pakistan.- Imran khan.

 

[JBH22]

Oops, my bad didn’t realise this when I wrote the reply.
Paki economy is 286 billion $
BD economy is 409 billion $

BD economy 123 billion $ bigger than Paki economy.

Don’t think Paki awam has been told about it. No TV debates, No news articles, not even youtube debates.

Guys why are you debating on facts wrt Pakistan. Their agenda is not economic development, improving living standard etc. In toto it is a brainwashed society, whose aim is to attack and plunder India. Even if it gets destroyed as a nation state, our borders should not be opened it will still consist of marauding 'tribes' who would want to raid for plundering. The only 'functioning' institution is the army which is filled with rabid islamist who dream of being the Ghaznavi or Ghouri.
With nuclear arsenal, they will be able to blackmail for a debt write off or waiver of part of its debt.

 

[FalconSlayers]

The Legate (@TheLegateIN) Tweeted:
In a major blow to Pakistan, US gov't added multiple Pakistani and Chinese firms to sanctions list for involvement in Pak missile and nuclear programs.
Total ban on transfer of resricted US tech and equipment to these firms. https://t.co/ovqudZQINr

 

[FalconSlayers]

Pakistan’s external debt is at $127 Billion (45% of Paki GDP)

 

[THESIS THORON]

pls roast this asswhole.

forex reserve bhul gaya, external debt is diff than internal debt

 

[ezsasa]

pls roast this asswhole.

forex reserve bhul gaya, external debt is diff than internal debt

there is really no point in trying to educate them especially on this, because it involves math and elementary economics.

 

[Angel of War]

Lahore has finally taken over delhi and Wuhan to become the number 1 city globally in air pollution

Lahore tops global air quality, pollution ranking again

Lahore High Court orders government announce 50% attendance policy in private offices

www.geo.tv

 

[FalconSlayers]

Lahore has finally taken over delhi and Wuhan to become the number 1 city globally in air pollution

Lahore tops global air quality, pollution ranking again

Lahore High Court orders government announce 50% attendance policy in private offices

www.geo.tv

One way Langarj**ts helped India, now they can’t abuse India because they were the ones doing randirona of muh pharmer protesht.

 

[Angel of War]

pls roast this asswhole.

forex reserve bhul gaya, external debt is diff than internal debt

 

[Angel of War]

View attachment 121600

notice how GDP to debt ratio has increased under Imrand from 67% to 87% in 3 years . Tabdili ayegi

 

[saneel2014]

notice how GDP to debt ratio has increased under Imrand from 67% to 87% in 3 years . Tabdili ayegi

Its a victory for Ik govt...
Any % increases is an increase for porki

 

[IndianHawk]

Pakistan’s debt, liabilities cross Rs50tr | The Express Tribune

Burden increased by Rs20.7 trillion in past 39 months

tribune.com.pk

The addition of Rs16.5 trillion to the public debt in the past 39 months was equal to what the last two governments of Pakistan Peoples Party (2008-2013) and PML-N (2013-2018) added in 10 years.

The PTI government added, on average, Rs14 billion a day to the public debt, which was more than double the daily average addition of Rs5.8 billion by the PML-N government.

Evil imf making people poor ...

Under the IMF’s loan condition, the government will cut the contingency grants budget by Rs50 billion and the Public Sector Development Programme by Rs200 billion, which will slow down the journey towards development.

Piggs rupee stinking in gutter ....

The steep currency depreciation also contributed to the federal government’s debt. By September 2021, the rupee-dollar parity stood at Rs170.37. In June 2018, the value of the dollar was equal to Rs121.54, showing a massive depreciation of nearly Rs49 or 41%. The current parity is around Rs175.

Loan has to be paid back ...

In June 2018, the country spent $7.5 billion in external debt repayment and its servicing. This cost increased to $13.4 billion by June this year, a surge of 79% in three years. But repayments are being made by signing new loans.

 

[FalconSlayers]

 

[FalconSlayers]

 

[Covfefe]

They also deposited the department's sanctioned budgeted funds into private banks, and the Paki state bank had to take loans from the same banks to fund their day to day operations. sab ke sab chor hain
And IMF intervention was needed to point this out

 

[Covfefe]

The government has said that under an agreement with the IMF struck this month to release around $1 billion of a $6 billion financing facility, it would increase levies to help meet its revenue targets.

Pakistan's gas station association has said profit margins have already dropped over the last few months as the government previously increased the petroleum levy.

With fuel prices rising several times this year, Pakistan will be continuing to add around 5 Pakistani rupees ($0.0286) to petrol prices every month as part of the petroleum levy under the IMF's condition until it touches 30 Pakistani rupee hike.

Lolwa