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What are steps India can take to damage their economy?
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What are steps India can take to damage their economy?
I keep hearing that its not possible to significantly stop the Indus water from going into pakistan becaude we dont have that infrastructure. Is that true?
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Yes it's true the Pakistan lover congress never bother to build dams in Kashmir.I keep hearing that its not possible to significantly stop the Indus water from going into pakistan becaude we dont have that infrastructure. Is that true?
Damn true! We've been sleeping since the IWT was signed half a century ago. We need to build catchment areas, canals and storage reservoirs before we can divert the water. And that water is our Treaty share that is flowing into Pak which in turn is wasting this precious resource by letting it flow into the sea due to their gross mismanagement of water resources.I keep hearing that its not possible to significantly stop the Indus water from going into pakistan becaude we dont have that infrastructure. Is that true?
Don't you mean.... DAM TRUE?....Damn true! We've been sleeping since the IWT was signed half a century ago. We need to build catchment areas, canals and storage reservoirs before we can divert the water. And that water is our Treaty share that is flowing into Pak which in turn is wasting this precious resource by letting it flow into the sea due to their gross mismanagement of water resources.
It will take a good five to six years at least to start diverting these waters now. I believe some construction has finally begun.
Because Indians are complete and utter morons who flock to these videos and give them money for sitting in front of a camera.I always wondered why pakis are doing reaction videos to our cities
Oh man! Pak Hyderabad sucks! What a contrast with our Hyderabad!I always wondered why pakis are doing reaction videos to our cities.
This is mahaaz on Hyderabad, Sindh , Pakistan
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11 Pakistani rice exporters were arrested in Kenya on charges of terrorist funding (According to paki media it happened because of indian lobby)Exactly. We must make a list of what they're exporting to which country, and sell our product at a higher quality and cheaper price there. This will bring pakistan to its knees economically when they can't export even 1 billion dollars worth of goods. The next thing we should target is their energy supply. I don't know how we can do it, but if we squeeze their oil supply through some deal with the gulf states and Iran, their entire domestic economy will also come to a grinding halt. We can cause the worst recession and hyper-inflation combo for them if we simply adopt a coherent foreign-economic policy. They will not even be able to afford bullets for LOC firing if that happens.
So Madeline Albright’s lobby group got the contract for Pakistan.Rapidly depleting dollar reserves can crush Pakistan's economy: reportM
Monday April 23, 2018
By: Nation.com.PK
Source Link: CLICK HERE
Pakistan is depleting its dollar reserves at the fastest pace in Asia and may soon have a buffer that’s smaller than Cambodia, an economy that’s less than a 10th of its size, reported by Bloomberg.
Reserves have dropped by about a fifth in the past year to reach $13.5 billion in February, while in Cambodia they’ve increased a third to $11.2 billion in January, according to data from the International Monetary Fund. Pakistan’s reserves are expected to drop as much as $2.2 billion by June, according to Insight Securities Pvt.
Pakistan is facing a balance of payments crunch. Its current-account deficit has ballooned by 50 percent in the past eight months to $10.8 billion, fueled by rising imports as the economy grows close to 5 percent and Chinese funders add new power plants. With reserves coming under pressure, authorities devalued the currency for the second time in four months last week.
“Your hot money capital inflows are not coming in. Real conditions of the economy are that exports are not picking up,” said Turab Hussain, head of the economics department at the Lahore University of Management Sciences. “Bangladesh are the ones that are a stronger economy now.”
Once known as East Pakistan before being separated in 1971, Bangladesh’s reserves are now more than double those of Pakistan’s, with exports that exceed its South Asian counterpart. Both nations as well as Cambodia are competitors in global textile markets.
New Zealand and Kazakhstan are among other Asia Pacific countries with smaller economies but more reserves than Pakistan, according to data compiled by Bloomberg.
There’s no respite seen for Pakistan’s reserves with authorities deciding not to sell global bonds this month because of rising global interest rates. Zubair Ghulam Hussain, chief executive officer at Insight Securities, is forecasting a decline in reserves even after factoring in $2.5 billion in borrowing and excluding inflows from a planned tax amnesty that’s scheduled to be announced this month.
“There is no easy fix,” said Uzair Younus, a South Asia director at Washington-based consultancy Albright Stonebridge Group LLC. “The solution lies in improving the business climate” to attract greater foreign direct investment inflows and implementing reforms to make exports more competitive globally, he said.
http://www.defencenews.in/article/R...ves-can-crush-Pakistans-economy-report-547798
These Pakis buggers have this habit of blaming the world especially India for their gross incompetence and inefficiency. But then passing the buck makes them feel good as they're basically a bunch of losers.11 Pakistani rice exporters were arrested in Kenya on charges of terrorist funding (According to paki media it happened because of indian lobby)
Jinnah seems pissed off in the Paki currency note. So they are now printing new notes with Hafiz Saeed to improve and bring cheer to their economy!!
The Indian rupee has also fallen sharply to 66.75. I remember just a few months ago it was 64. What's the reason for it?Foreign exchange: SBP's reserves continue to fall, now stand at $10.9b
KARACHI: Foreign exchange reserves held by the State Bank of Pakistan (SBP) continued to remain under pressure, shrinking 4.1% on a weekly basis, according to data released by the central bank on Thursday.
The fall marks the 19th successive week of decline, fuelling concern over Pakistan’s ability to meet future payment obligations and manage a bulging current account deficit.
On April 20, foreign currency reserves held by the central bank were recorded at $10,917 million, down $462.6 million or 4.1% compared to $11,379.6 million in the previous week.
Pakistan raised $2.5 billion in November 2017 by floating dollar-denominated sovereign bonds in the international market in a bid to shore up official reserves.
A few months ago, foreign currency reserves surged due to official inflows including $622 million from the Asian Development Bank (ADB) and $106 million from the World Bank.
Earlier, the SBP received $350 million under the Coalition Support Fund (CSF). In January, the SBP made a $500-million loan repayment to the State Administration of Foreign Exchange (SAFE), China.
Rupee weakens to over Rs119 against dollar in open market as panic buying continues
KARACHI: The open market continued to remain in the grip of panic buying as the currency weakened to as much as Rs119.5 against the US dollar, two days after the central bank held an “emergency meeting” with dealers to keep the gap with the inter-bank rate as low as possible.
One reason might be...The Indian rupee has also fallen sharply to 66.75. I remember just a few months ago it was 64. What's the reason for it?
https://www.moneycontrol.com/news/b...t-are-likely-to-benefit-the-most-2558165.htmlthe dollar grew in strength as US treasury yields moved upward of the 3 percent mark earlier this week and hit 4-year highs.
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