Pakistan Economy: News & Discussion

[ezsasa]

we know that popular opinion is that emperor erdagon's policies are responsible for depreciation of lira.
but coincidentally it is also the case that lira never recovered since Turkey signed S400 deal on 29 Dec 2017.


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JUST IN: Turkey's Lira has fallen by around 5% against the US Dollar amid interest rate cut.

similarly what if PKR depreciation coincides with some policy decisions by niazi.

Niazi got elected on 25th Jul 2018, and PKR never recovered after that.

 

[FalconSlayers]

similarly what if PKR depreciation coincides with some policy decisions by niazi.

Niazi got elected on 25th Jul 2018.

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Pakistan’s currency started depreciating after the global financial crisis and 26/11 attacks.

Till August 2011 Paki currency remained somewhat stable after which PKR depreciation started speeding up.

After which new PM Raja Ashraf came in 2012, served till 2013. PKR lost 5.3% in less than a year.

After which Nawaz Sharif came in 2013 and served till 2017 and PKR lost 6.7% in 4 years.

Then Shahid Abbasi became PM in 2017, served till 2018 and PKR lost 11.14% in less than a year.

Then came Imrand Khan on 18th August 2018 and PKR lost 44.5% of its value in 3 years.

 

[lcafanboy]

Boys are playing well, PKR RS 189 to 1 dollar, just short or RS 11 for double century, which should be achieved by end of the year itself....

 

[doreamon]

Boys are playing well, PKR RS 189 to 1 dollar, just short or RS 11 for double century, which should be achieved by end of the year itself....

This is why foreign pakistani love imran khan

 

[FalconSlayers]

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

When and how did it become $86 Billion?

The debt mountain | The Express Tribune

The heavy borrowing to shore up the current account deficit has already begun drying up

tribune.com.pk

 

[Concard]

When and how did it become $86 Billion?

The debt mountain | The Express Tribune

The heavy borrowing to shore up the current account deficit has already begun drying up

tribune.com.pk

That's a stupid question. We should encourage them to take more and more loans. Let them get enslaved by debt.

 

[Chandragupt Maurya]

That's a stupid question. We should encourage them to take more and more loans. Let them get enslaved by debt.

china can pay their debt hands down but not for free they can lease gwadar and karachi port to china or sell some mineral reserves in baluchistan pakistan doesnt lack natural resouices but the expertise to exploit it

 

[Concard]

china can pay their debt hands down but not for free they can lease gwadar and karachi port to china or sell some mineral reserves in baluchistan pakistan doesnt lack natural resouices but the expertise to exploit it

There is already lot of opposition to Chinese presence. China has sunk lot of money into Pakistan with barely any return on their investment. Pakis are always teetering on the brink of bankruptcy since independence. Before financial crisis they were saved by the West and Western backed institutions like IMF. After Financial crisis China has been trying to feel the role to no avail. Porkistan is a big whale for even the Chinese. If Porkis go full throttle on their alliance with Chinese they can forget access to Western markets. Mind you Porkis exports mainly go to Western countries. With just tiny $25 billion in exports if they get squeezed they are doomed. And with Western sanctions they are screwed big time since remittances also will stop. For now they can only go so far with their alliance with Chinese.

 

[Chandragupt Maurya]

There is already lot of opposition to Chinese presence. China has sunk lot of money into Pakistan with barely any return on their investment. Pakis are always teetering on the brink of bankruptcy since independence. Before financial crisis they were saved by the West and Western backed institutions like IMF. After Financial crisis China has been trying to feel the role to no avail. Porkistan is a big whale for even the Chinese. If Porkis go full throttle on their alliance with Chinese they can forget access to Western markets. Mind you Porkis exports mainly go to Western countries. With just tiny $25 billion in exports if they get squeezed they are doomed. And with Western sanctions they are screwed big time since remittances also will stop. For now they can only go so far with their alliance with Chinese.

pakistan has very small land border with china in kashmir and that too is claimed by india so connecting islamabad and beijing by road and rail is very difficult connecting delhi and and beijing is a lot easier than that chinese railways has already reached india china border in arunachal pradesh

 

[The Juggernaut]

It's like others have also started to talk like this about Pakistan.

 

[Covfefe]

It's like others have also started to talk like this about Pakistan.

Go to the "About" section of this channel

 

[The Juggernaut]

Go to the "About" section of this channel

I thought it was odd.

 

[FalconSlayers]

Bheekh incoming

 

[Covfefe]

Bheekh incoming

Let's see how much of money actually reaches KPK. These corrupt Pakjabis would ensure that KPK stays the way it is- and then defend the backwardness on international forums in the name of tribal culture. "Ennanu road chahieta hi koi nahi, aee dasso paise naal ki karaan"

 

[ezsasa]

..

Bheekh incoming

looks like paki awam haven't realised yet that India is a 6.3% shareholder in ADB.

 

[FalconSlayers]

..


looks like paki awam haven't realised yet that India is a 6.3% shareholder in ADB.

India makes money with the debt Pakis service, typical slaves.

 

[asaffronladoftherisingsun]

Chooran and kuffaar bheekh is the only way to survive.

 

[IndianHawk]

Chooran and kuffaar bheekh is the only way to survive.

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All thier loan masters have huge indian shareholding . IMF , world bank , ADB and even in AIIB of china in which india is second largest shareholders.


Porkys paying interest to india. Haram haram

 

[Concard]

It is safe to assume Porkistan's military budget will not go above $15 billion till 2030. I am sure next decade won't be any different. Unless ofcourse they decide to eat grass and pour all the money in the budget into military spending. But even then they are constrained by low forex reserves. Porks don't make anything. Apart from small arms everything is imported. Even the Air to Air missiles are imported. Given the amount of external debt which is rising every year, if they make even a small purchase of $1 billion that itself will make a huge dent in their forex reserves. Remember their deal for attack helicopters with Turkey T129 ATAK which was blocked by US since the Engine used in that Heli is American? That deal alone is $1 billion.

I am eagerly waiting for their response when we induct AMCA. Then they will surely have to eat grass and buy some Chinese Stealth jets. Chinese definitely won't be selling J-20 lest it gets shot down in skirmish or ends up in the hands of India. It will be a interesting decade.

 

[IndianHawk]

It is safe to assume Porkistan's military budget will not go above $15 billion till 2030. I am sure next decade won't be any different. Unless ofcourse they decide to eat grass and pour all the money in the budget into military spending. But even then they are constrained by low forex reserves. Porks don't make anything. Apart from small arms everything is imported. Even the Air to Air missiles are imported. Given the amount of external debt which is rising every year, if they make even a small purchase of $1 billion that itself will make a huge dent in their forex reserves. Remember their deal for attack helicopters with Turkey T129 ATAK which was blocked by US since the Engine used in that Heli is American? That deal alone is $1 billion.

I am eagerly waiting for their response when we induct AMCA. Then they will surely have to eat grass and buy some Chinese Stealth jets. Chinese definitely won't be selling J-20 lest it gets shot down in skirmish or ends up in the hands of India. It will be a interesting decade.

They will find money as they have always done. They are masters at shifting debt. From Peter to Paul.

Besides chinese might help them with line of credit ( more interest for chinese or a port) for one of their rejected designs j35 ?? ( Just like jf17 is rejected chinese junk). Perhaps a single squadron to keep up the morale or two if fortune favours. And they might get it before we get AMCA so that they can crow about beating IAF while IAF will be demanding world beating performance from AMCA.