No no!- No Kafir engines, better to shut down PR and sell its infrastructure by the KG than Kafirs renting out thier engines.Theo_Fidel wrote:Code: Select all
http://tribune.com.pk/story/265501/pakistan-railway-cargo-service-comes-to-a-virtual-halt/
He also urged higher administration to rent 50 engines from India on urgent basis so that the performance of both freight train service and passenger service can be improved.
PR has 502 locomotives out of which only 156 are in working condition whereas 142 can be repaired. Experts say that most working locomotives are overloaded whereas only three or four traction motors are being used as opposed to the requirement of six, causing frequent engine failure.
They further say that PR needs 350 locomotives to run on full capacity.
Pakistani Economic Stress Watch
Re: Pakistani Economic Stress Watch
Re: Pakistani Economic Stress Watch
We will give them not 50 , but probably 100 or even 200 engines, going by what this govt will and could do. We will go even further and help them in implementing computer booking system if they dont have one
Re: Pakistani Economic Stress Watch
Load Shedding induced riots in the Islamic Republic of Pakistan:
Violent protests against loadshedding enter second day
Violent protests against loadshedding enter second day
Re: Pakistani Economic Stress Watch
In fact if we have any "Chankianism" that is exactly what we should do and ensure that there are Trojans in the booking system that can be triggered to go haywire at our command.krishnan wrote:We will give them not 50 , but probably 100 or even 200 engines, going by what this govt will and could do. We will go even further and help them in implementing computer booking system if they dont have one
Re: Pakistani Economic Stress Watch
Load Shedding induced riots in the Islamic Republic of Pakistan continue:arun wrote:Load Shedding induced riots in the Islamic Republic of Pakistan:
Violent protests against loadshedding enter second day
No letup in power woes, protests
Re: Pakistani Economic Stress Watch
Power Riots! Pakistans Electric Spring of 2011! Wait for a month more, when the snow starts, the water flow drops in the rivers and generation further slows down.
Re: Pakistani Economic Stress Watch
Pakistan has lost 75 trillion dollars in the war against terror in the last month alone and the world must build 500 nuclear plants in Pakistan to compensate.arun wrote:Load Shedding induced riots in the Islamic Republic of Pakistan continue:arun wrote:Load Shedding induced riots in the Islamic Republic of Pakistan:
Violent protests against loadshedding enter second day
No letup in power woes, protests
Re: Pakistani Economic Stress Watch
Pakistan is living from tanker to tanker
http://tribune.com.pk/story/267057/anal ... to-tanker/
A nation thats living from Tanker to Tanker, thinks about Gazhwa E Hind, and there r people to support, that man!
http://tribune.com.pk/story/267057/anal ... to-tanker/
A nation thats living from Tanker to Tanker, thinks about Gazhwa E Hind, and there r people to support, that man!
Re: Pakistani Economic Stress Watch
^^
They are talking about fighting and defeating USA now. Instead of 5000 nuclear plants intl community should build that many mental asylums in TSP.
They are talking about fighting and defeating USA now. Instead of 5000 nuclear plants intl community should build that many mental asylums in TSP.
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Re: Pakistani Economic Stress Watch
My eyes just lit up reading that article. God forbid,If another 26/11 happens ,we know where to strike first.menon s wrote:Pakistan is living from tanker to tanker
http://tribune.com.pk/story/267057/anal ... to-tanker/
A nation thats living from Tanker to Tanker, thinks about Gazhwa E Hind, and there r people to support, that man!
Re: Pakistani Economic Stress Watch
They dont have too, they already got one...its called pakistanDilbu wrote:^^
They are talking about fighting and defeating USA now. Instead of 5000 nuclear plants intl community should build that many mental asylums in TSP.
Re: Pakistani Economic Stress Watch
I am sad for the horse in the picture.Altair wrote:My eyes just lit up reading that article. God forbid,If another 26/11 happens ,we know where to strike first.menon s wrote:Pakistan is living from tanker to tanker
http://tribune.com.pk/story/267057/anal ... to-tanker/
A nation thats living from Tanker to Tanker, thinks about Gazhwa E Hind, and there r people to support, that man!
These raa agints will be the worst hit when the officials of the company supplying electricity will stop giving electricity & the horses will have to carry much more of the average burden. I see world prices of Horses rising up too quick. Hopefully Afghans will sell them those horse-burdeners no more.
Last edited by vishvak on 06 Oct 2011 19:17, edited 1 time in total.
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Re: Pakistani Economic Stress Watch
Pakistan is so weak on their finances that one small nudge and it is free fall to hell. A saboteur disrupting the tankers and refinery will turn the nation into uber-chaos.
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Re: Pakistani Economic Stress Watch
And what does your FSHQ think about that, hain ji?Dilbu wrote:^^
They are talking about fighting and defeating USA now. Instead of 5000 nuclear plants intl community should build that many mental asylums in TSP.
Re: Pakistani Economic Stress Watch
Sir, that got me thinking too. Pay 2 to 3 million dollars to Somali pirates to hijack a few tankers bound to Pakistan!Altair wrote:Pakistan is so weak on their finances that one small nudge and it is free fall to hell. A saboteur disrupting the tankers and refinery will turn the nation into uber-chaos.
Re: Pakistani Economic Stress Watch
Am sure India or Amrika can do these honours when push comes to shove...Altair wrote:Pakistan is so weak on their finances that one small nudge and it is free fall to hell. A saboteur disrupting the tankers and refinery will turn the nation into uber-chaos.
Re: Pakistani Economic Stress Watch
Or a small group of determined,resourceful and courageous men.sum wrote:Am sure India or Amrika can do these honours when push comes to shove...Altair wrote:Pakistan is so weak on their finances that one small nudge and it is free fall to hell. A saboteur disrupting the tankers and refinery will turn the nation into uber-chaos.
Re: Pakistani Economic Stress Watch
arun wrote: Violent protests against loadshedding enter second day
Load Shedding induced riots in the Islamic Republic of Pakistan continue:
No letup in power woes, protests
While the poor and the pious suffer in the heat and mosquitoes, why do the rich and the secular live in bungalows with AC and generators? I think that those secular, whiskey drinking, immodest rich people should be taught a lesson.shiv wrote:Pakistan has lost 75 trillion dollars in the war against terror in the last month alone and the world must build 500 nuclear plants in Pakistan to compensate.
Re: Pakistani Economic Stress Watch
Pakistan lost another 1 Trillion in last 24 hours after Karzai signed partnership deal with india .
http://www.irishtimes.com/newspaper/wor ... 29521.html
Strength of Indian economy key to Afghan partnership, says Karzai
http://www.irishtimes.com/newspaper/wor ... 29521.html
Strength of Indian economy key to Afghan partnership, says Karzai
Re: Pakistani Economic Stress Watch
Paki 9/11 WSJ ad said Pakistan lost 68 Billion $ in GOAT. http://i258.photobucket.com/albums/hh27 ... WSJ-Ad.png
Zardari in his Wapo Oped on October 1 said Pakistan lost 100 Billion $ in GOAT. http://www.washingtonpost.com/opinions/ ... story.html
That means Pakistan is losing 32 Billion $ every 19 days. Or > 1.5 billion dollars a day. For 10 years that makes about 5 trillion dollars.
This is no laughing matter.
Zardari in his Wapo Oped on October 1 said Pakistan lost 100 Billion $ in GOAT. http://www.washingtonpost.com/opinions/ ... story.html
That means Pakistan is losing 32 Billion $ every 19 days. Or > 1.5 billion dollars a day. For 10 years that makes about 5 trillion dollars.
This is no laughing matter.
Re: Pakistani Economic Stress Watch
That is unbelievable. In other words in two months Pakis will have lost 2 trillion dollars (equal to Indian GDP) that they never had!
Re: Pakistani Economic Stress Watch
No need of any violence. It can be handled from airconditioned comfort of global financial institutions. If India has the power to withdraw objections to pakis getting finance deals, then by the same token it has the power to un-withdraw the same.Altair wrote:Pakistan is so weak on their finances that one small nudge and it is free fall to hell. A saboteur disrupting the tankers and refinery will turn the nation into uber-chaos.
Now we know how to retaliate for future 26/11s and also why pakis fear us. They will be forced to play nice with SDREs and that is a fate worse than death.
Re: Pakistani Economic Stress Watch
CIO Pakistan: IT Industry, an answer to the energy crisis
After reading caption of this article I wondered how can IT industry be an answer to energy crisis of Pakistan. I read this article more to only know that birather is suggesting that government should shift its focus from textile industry to promoting IT industry as IT industry of Pakistan doesn't consume that much energy as textile looms What kind of lahori logic is this? Labourers who work in powerlooms now will they be able to IT programming??
After reading caption of this article I wondered how can IT industry be an answer to energy crisis of Pakistan. I read this article more to only know that birather is suggesting that government should shift its focus from textile industry to promoting IT industry as IT industry of Pakistan doesn't consume that much energy as textile looms What kind of lahori logic is this? Labourers who work in powerlooms now will they be able to IT programming??
I am happy to hear that Pakistan is still able to run so called "computer machines" but this guy hasn't heard of anything like "mission critical servers" which almost needs continuous power supply and without them banking, airline booking etc will be in chaos.A shift in government focus towards the IT industry may ease down pressure on the economic growth of the country. The IT industry is not as energy-intensive as the textile is. It is important to note that the IT industry in Pakistan is not as power-intensive as the textile is. The IT firms in Pakistan have not closed their operations even for a single day due to power shortfall as the computer machines are not as power intensive as the spinning looms are.
Re: Pakistani Economic Stress Watch
All that would be in America or China!Gaurav_S wrote:I am happy to hear that Pakistan is still able to run so called "computer machines" but this guy hasn't heard of anything like "mission critical servers" which almost needs continuous power supply and without them banking, airline booking etc will be in chaos.
Re: Pakistani Economic Stress Watch
Sirji, the very fact that you expected some sort of logic when Pak and IT ( the other IT, not international terror) were mentioned in the same articles is lahori logic in itself...What kind of lahori logic is this? Labourers who work in powerlooms now will they be able to IT programming??
Re: Pakistani Economic Stress Watch
X-post
http://www.ft.com/intl/cms/s/0/ac6894dc ... z1acwM8POb
Pakistan economy starts to unravel
Pakistan enjoyed something of a boom after Pervez Musharraf, the former president, aligned with the US in the wake of the September 11, 2001 terror attacks, winning debt relief and aid that helped push GDP growth to 7 per cent.The picture has since darkened, with a combination of inflation, insurgency, power cuts and floods cutting growth to 2.4 per cent in the last financial year.Top financial officials have rotated frequently since Mr Zardari’s government took power in 2008. Relations with the International Monetary Fund have been rocky – the fund suspended disbursement of an $11bn facility in May last year after the government failed to broaden Pakistan’s tiny tax base.The concern among economists is that the government will resort to printing more money to finance its growing deficit – which has hit 6.6 per cent of GDP – raising the risk of sharply higher inflation next year.Pakistani officials argue that the economy has shown a degree of resilience, supported by healthy flows of remittances and $18.2bn of foreign reserves. The central bank took the bold step of cutting interest rates by 1.5 per cent on Saturday in an attempt to spur growth.But critics say the government’s failure to tackle the energy crisis is symptomatic of a broader reluctance to enact tough reforms.
http://www.ft.com/intl/cms/s/0/ac6894dc ... z1acwM8POb
Pakistan economy starts to unravel
Pakistan enjoyed something of a boom after Pervez Musharraf, the former president, aligned with the US in the wake of the September 11, 2001 terror attacks, winning debt relief and aid that helped push GDP growth to 7 per cent.The picture has since darkened, with a combination of inflation, insurgency, power cuts and floods cutting growth to 2.4 per cent in the last financial year.Top financial officials have rotated frequently since Mr Zardari’s government took power in 2008. Relations with the International Monetary Fund have been rocky – the fund suspended disbursement of an $11bn facility in May last year after the government failed to broaden Pakistan’s tiny tax base.The concern among economists is that the government will resort to printing more money to finance its growing deficit – which has hit 6.6 per cent of GDP – raising the risk of sharply higher inflation next year.Pakistani officials argue that the economy has shown a degree of resilience, supported by healthy flows of remittances and $18.2bn of foreign reserves. The central bank took the bold step of cutting interest rates by 1.5 per cent on Saturday in an attempt to spur growth.But critics say the government’s failure to tackle the energy crisis is symptomatic of a broader reluctance to enact tough reforms.
Re: Pakistani Economic Stress Watch
Published on Oct 15, 2011
Running on empty: Pakistan Today
Running on empty: Pakistan Today
Code: Select all
http://www.pakistantoday.com.pk/2011/10/running-on-empty-2/
New day. New demands for a bailout. This time around, it’s the Pakistan Railways. The sound of chugging you hear is not of a PR engine but of the PR chugging oodles of money. With a loss to the tune of 80 billion and already having been given one bailout in January, it is nowhere near carrying its weight. It’s too much of a cash-guzzler to be viable for the government but it’s too critical to be abandoned.
This is a problem that you just can’t throw money at. Give it a bailout today and it will be back for more later. What is needed is a complete retooling of its structure. Declining revenue is an issue but generating demand for cheap transportation should not be a problem. The real rub lies elsewhere. Corruption, inefficiency, mismanagement: we’ve heard these buzzwords so many times that they’ve lost meaning. But these are the meaningful terms when it comes to this crisis.
PR could possibly hold the ignominious mantle of being the most corrupt institution in the country – and in Pakistan, that is saying a lot. According to the Auditor General’s report, the organisation lost almost 4 billion rupees to corrupt practices last year. Be it pilferage of equipment, kickbacks in buying of locomotives and contaminated oil, squandering fortunes on prime real estate or ticket-less travel, these things are adding up to PR’s woes. Mismanagement is also a scourge. From gross overstaffing (much of it due to political interference) to genius moves like buying unsuitable trains for our tracks, it is afflicted with every managerial crisis. To top it off, the floods haven’t been kind to its infrastructure. It is one unholy melange.
Re: Pakistani Economic Stress Watch
Islamabad looks to India to aid economy
http://www.ft.com/cms/s/0/bf763ad0-f8d9 ... z1b4H2bBL1
http://www.ft.com/cms/s/0/bf763ad0-f8d9 ... z1b4H2bBL1
Pakistan’s military commanders and business community are increasingly worried about the poor performance of the economy under the rule of President Asif Ali Zardari. The fiscal deficit has widened, security threats have chased away investors and mounting debts have forced an energy crisis on the nation. Economic growth, buoyed by the rural economy, textile exports and remittances, has slipped to about 3 per cent this year. Earlier this month, the central bank resorted to emergency measures to spur industrial development and boost demand ahead of likely parliamentary elections next year by cutting benchmark lending rates by 150 basis points. Sakib Sherani, a leading economist, describes the economy as “going into a freefall towards a big macroeconomic crisis.”Just over the border, India’s economy is growing at about 8 per cent a year. The difference has been clocked in Islamabad. Senior ministers say that there is no reason why Pakistan, which had a higher rate of growth than India in the 1980s, should not grow at the same pace as the rest of the region.High quality global journalism requires investment. Some Islamabad-based diplomats are enthused by the trade developments, viewing them as turning a corner in the hostile relations between India and Pakistan. They were struck that Islamabad signalled a promise of better trade terms only days after New Delhi had formalised a strategic partnership with Kabul, an agreement distrusted by Pakistan’s security establishment. “It’s more crucial for Pakistan than it is for [fast-growing] India,” said one western diplomat. “It could have a profound impact on the way the country feels about itself. The logic until now has been a very security aware, zero-sum game.”Hasan Askari Rizvi, Lahore-based military historian, said: “The army has probably concluded that they can’t fight on every front. There are too many fronts. But their decision to accept an MFN status for India is probably also because they feel that this does not compromise Pakistan’s most vital interests.”
Re: Pakistani Economic Stress Watch
Oh please spare us you dirty Pakis, whatever happened to tallel than mountain fliend. These buggers need only look towards North Korea and Myanmar to see how China keeps it's dear isolated friends, have a look into the future TSP.
Re: Pakistani Economic Stress Watch
Back to begging "back" from where?
Secretary Finance Dr Waqar Masood confirmed on Saturday that the IMF mission would hold talks with Pakistani authorities from November 9 to determine exact health of the national economy and give its assessment to move forward in the desired direction. Alone in this ongoing fiscal year, Pakistan will have to repay the Fund loan amounting to $1.2 billion starting from February 2012. It was assessment of Pakistan’s economic managers that the foreign currency reserves would deplete in the range of $1.5 to $2 billion in the fiscal year keeping in view exports growth and growing remittances but in the last three months the foreign reserves dipped by $1.4 billion, is causing serious concern amongst the government’s economic managers.
The fiscal side of Pakistan’s economy is the major cause of economic ills and the IMF will put a condition by giving few months period to get approval of RGST from the Parliament. The autonomy of the SBP will also be another condition of the IMF programme. Pakistan’s top economic managers were conceding in private discussions that if oil prices witnessed upward trends in international market and government failed to undertake institutional reforms to overcome difficulties of public finances then the country would have to approach the IMF for another bailout package earlier than expected.
Re: Pakistani Economic Stress Watch
Will a downgrade of TSP have any effect of the "economic potential", of the nation whose main export is IT and survives on extortion.
S&P rates Pakistan as B negative
S&P rates Pakistan as B negative
Re: Pakistani Economic Stress Watch
http://tribune.com.pk/story/286004/work ... ent-399376Thousands of employees of electric supply companies staged demonstrations against privatization of the Pakistan Electric Power Company (Pepco) and appointment of private chief executives in electric supply companies on Tuesday.
Re: Pakistani Economic Stress Watch
Wise words on living systems with examples:
Nightwatch 10 Nov 2011
Nightwatch 10 Nov 2011
My take is next US downturn will cut the support to TSP and make it fall. Cant go on forever supporting known terrorists when one is hurting domestically.Comment: The gravity of the financial crisis and the threat of a ripple effect are highlighted by the occurrence of even informal discussions about shrinking the European Union. In studying violent political instability, living systems under stress always contract. The government reduces the volume, quality and frequency of services it provides and the geographic area over which it provides them in order to reach a sustainable position short of collapsing. It tries to find a set of lines it can hold to avoid collapse and to prepare for returning to normality.
Contraction may be understood as the first step in a process whose ultimate end state is organizational or systemic collapse. Collapse is not inevitable, but more frequent than recovery in instability case studies. Recovery almost always requires significant outside intervention of some sort, such as a surge, and even that might only provide temporary relief from the stress that caused the shrinking.
{Apply this to TSP and see where it is contracting. Its obvious that US aid is the outside intervention that is keeping the system alive on life support.}
A contraction of the EU in this financial crisis would parallel the behavior of governments experiencing violent internal instability, such the insurgency in Afghanistan or the opposition uprising in Syria. In both countries, the government's ability to provide public services has contracted under violent stress. In Afghanistan the US troop surge has provided temporary relief in some areas, but is not a permanent solution.
The Greek bailout is a surge that has proved inadequate to stop the financial crisis or keep it from spreading. The increase in bond yields represents one aspect of shrinkage, of credit worthiness.
This is not a prediction of EU collapse or Italian collapse, but it is a warning that long experience shows that once living systems begin to contract they seldom recover on their own and might not even with outside help. Financial systems also are living systems.
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Re: Pakistani Economic Stress Watch
Gas load-shedding to further dent industry
Allah has blessed piggystan with millions of reservoirs of pindi chana gas. So , no gas shortage.
Allah has blessed piggystan with millions of reservoirs of pindi chana gas. So , no gas shortage.
Re: Pakistani Economic Stress Watch
Does anybody know the methodology of "Data Envelopment Analysis" Methods and if we can use it look a TSP?
http://en.wikipedia.org/wiki/Data_envelopment_analysis
http://en.wikipedia.org/wiki/Data_envelopment_analysis
Re: Pakistani Economic Stress Watch
5,500 MW power capacity to be out of action for some time in Pakistan
I would assume that this is in addition to the existing load shedding which already seems to be serveral hours a day. Expect a spike in the civil riots when this comes about.The plan will reduce the output of hydropower units by more than 5,500MW, resulting in loadshedding of two to fours hours a day across the country.
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Re: Pakistani Economic Stress Watch
Inflation Monitor: Larkana the most expensive city in Pakistan
Larkana has become the most expensive city of the country as highest inflation was observed there during November 2011, the State Bank of Pakistan said in its inflation monitor.
Re: Pakistani Economic Stress Watch
http://www.thenews.com.pk/NewsDetail.as ... r-2-months
CNG stations maybe closed for 2 months
CNG stations maybe closed for 2 months
ISLAMABAD: Sources in Sui Northern Gas Pipelines have revealed that government was considering closing CNG stations for two months (Jan-Feb)to cope with the ongoing natural gas crisis, which was feared to worsen by mid-winter.A summary to this effect has been forwarded to the Ministry of Petroleum.
Sources in the gas company told Geo News that this move would save around 300 MCF gas for the domestic as well as industrial consumers.