Pakistani Economic Stress Watch

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anupmisra
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Re: Pakistani Economic Stress Watch

Post by anupmisra »

bharathp wrote:reports of afg and tsp agreeing to trade in PKR instead of USD.
Today, 1 US $ = 168 PKR and 80 Afghani AFN .
And, 1 AFN = 2 PKR
(mid-market rates)
Draw your own conclusions..
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Re: Pakistani Economic Stress Watch

Post by Vips »

Aditya_V
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Re: Pakistani Economic Stress Watch

Post by Aditya_V »

But still USD 20 Billion is too much for the Pakis
anupmisra
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Re: Pakistani Economic Stress Watch

Post by anupmisra »

Aditya_V wrote:But still USD 20 Billion is too much for the Pakis
It is not all earned income. Much of it is in the form of loans.
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Re: Pakistani Economic Stress Watch

Post by anupmisra »

Chinis being, well, chinis. Pakis are now learning the true taste of "sweet honey". More trouble in paradise.

After Pak Army’s security cover: Suspension of work at Dasu project worries Wapda
Following the subversive activity by anti-CPEC forces on July 14, Wapda has provided the signature of Pakistan’s regular Army at the Dasu Hydropower project’s site and upgraded its security apparatus up to the satisfaction of Chinese government, but even after almost two months, China’s Gezhouba Group Corporation (CGGC) has not started construction work, which is questionable.
Gezhouba also suspended its construction work at Mohmand Dam site for 10-12 days.
Gezhouba hasn’t started work on Dasu, based on its new ‘illogical’ assertions over some commercial and contractual issues :(( , knowing the fact that these cannot be clubbed with the security issues.
Lt Gen Muzammil Hussain (retd), after being appointed as chairman of Wapda for another tenure, flagged the issue of suspension of construction activities at Dasu
the World Bank Mission is also at the site to know as to why the work was still suspended. The World Bank has committed $700 million loan for the project,” he said.
Wapda will not hesitate to impose the LDs (liquidated damages) on China’s Ghezouba on further delays in the light of WB’s mission’s report.
He said that the Government of Pakistan has provided security cover of regular Pakistan Army and, to this effect, a full brigade has been moved from Mangla.
Wapda has committed to have $2.23 billion from international market lenders. And out of $2.23 billion, Wapda will get the amount in dollars in staggered form. To this effect, Wapda has managed the first tranche of $500 million at interest rate of 7.5 percent through the green Euro Bond :eek:
He also mentioned the EAD gets the loans at 3-4 percent and re-lends them to Wapda and other state-owned companies at 15 percent, which is why the projects’ cost increases a lot.
And, there's the problem. Chinis are worried that Wapda (rhymes with lafda) that a second tranche may not be available to lafda to pay the chinis and reimburse their masters in peking. I am shocked that a government in this day and age still borrows at 7.5%. How untrustworthy and unbankable can one get?

Harami link: https://www.thenews.com.pk/print/890974 ... ries-wapda
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Re: Pakistani Economic Stress Watch

Post by mody »

https://www.msn.com/en-in/news/world/pa ... hp&pc=U531

Paki Rupee breaches 168 to a dollar. Lahori experts are asking govt to put curbs on imports!!
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Re: Pakistani Economic Stress Watch

Post by Aditya_V »

mody wrote:https://www.msn.com/en-in/news/world/pa ... hp&pc=U531

Paki Rupee breaches 168 to a dollar. Lahori experts are asking govt to put curbs on imports!!
It will be nice if the Paki rupee could reach a pious 786 to the USD in 5 years time, But the currency has been pretty stable for last 2.5 years with no major depriciation.
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Re: Pakistani Economic Stress Watch

Post by Prem »

anupmisra wrote:
Aditya_V wrote:But still USD 20 Billion is too much for the Pakis
It is not all earned income. Much of it is in the form of loans.
9 Billion of these reserves belong to Arabs and Chinese.
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Re: Pakistani Economic Stress Watch

Post by Ambar »

mody wrote:https://www.msn.com/en-in/news/world/pa ... hp&pc=U531

Paki Rupee breaches 168 to a dollar. Lahori experts are asking govt to put curbs on imports!!
Still below Rs 169 it hit last year. How are they maintaining their worthless currency in this narrow band of Rs160 to Rs170 is beyond me. Given the state of affairs in that motheaten country, the ideal valuation of 1 USD should be above Rs 250 pkr.
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Re: Pakistani Economic Stress Watch

Post by anupmisra »

Ambar wrote:How are they maintaining their worthless currency in this narrow band of Rs160 to Rs170 is beyond me.
Wait till there is a rush by mango pakis to buy dallaarj in the open market. Similar to their tellibunny neighbors. Today the afghani is trading for 85 (up by 5 since Sept 10).
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Re: Pakistani Economic Stress Watch

Post by anupmisra »

A recalcitrant rupee: Deliberate policy or otherwise?
Yeah right. It is deliberate.
The rupee-dollar interbank parity is close to the historical high of 168.8 (15 August 2020) this week past with a high of 168. Should this be a source of concern or can it be dismissed as the August/September blues?
Could it be because the 5 to 7 million dollar daily inflows from Afghanistan to Pakistan ceased subsequent to the 15 August 2021 Taliban takeover of Kabul? The parity on the day Kabul fell was 163.17 so perhaps the resulting erosion maybe attributed to that event, however, this does not explain the erosion from May 2021 onwards till today.
A Paki Source - hence Harami: https://www.brecorder.com/news/40119788 ... -otherwise
anupmisra
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Re: Pakistani Economic Stress Watch

Post by anupmisra »

Pakistan's rupee closes at its lowest level against the US dollar as pressure remains
The rupee has been under pressure since May this year with an increasing import bill causing immense worry among policymakers
Another 0.5% fall on Tuesday meant the Pakistani rupee closed at its all-time low against the US dollar, surpassing 168.44 it registered in August last year, with policymakers left scratching their heads on how to stem the decline of the currency.
As per the State Bank of Pakistan (SBP), the currency closed at 168.94 against the dollar in the inter-bank market on Tuesday, a decline of Rs0.84 or 0.50%.
The Pakistani currency has lost close to 10% since its recent high on May 14, 2021.
Rising imports have become a major concern
the trade deficit for the two-month period widened 120% to $7.5 billion
In addition, uncertainty in Afghanistan has further raised the pressure on the rupee against the USD
Earlier, dollar inflows to the tune of $4-5 million used to come to Pakistan through Afghanistan on a daily basis, which translated into monthly flows of $150-200mn. But since the recent developments the dollar inflow from Afghanistan to Pakistan has dropped to nil
an increase in the prices of commodities such as palm oil, crude oil as well as rise in freight rates have all added to the pressure on the currency
There. That's the official position.

Haramiyon ka link: https://www.brecorder.com/news/40120109 ... re-remains
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Re: Pakistani Economic Stress Watch

Post by yensoy »

anupmisra wrote:
Ambar wrote:How are they maintaining their worthless currency in this narrow band of Rs160 to Rs170 is beyond me.
Wait till there is a rush by mango pakis to buy dallaarj in the open market. Similar to their tellibunny neighbors. Today the afghani is trading for 85 (up by 5 since Sept 10).
A primitive tribe in the jungle with no interest in modern amenities and nothing worth trading can decide to hold their currency (shells or feathers or whatever) at any arbitrary level of their choosing against gold or USD. It's sort of like that. Pakistanis can't afford much by way of foreign goods & services and they are getting by on what they have locally, for the most part. Any difference is financed by armies of labourers sweating it out in the gulf.

Look not at the exchange rate but the liquidity or volume of currency being exchanged, for instance see here https://www.poundsterlinglive.com/data/ ... ange-rate/ and here https://www.poundsterlinglive.com/data/ ... ange-rate/. In the past 100 days, USD-PKR has traded 3 "contracts" and USD-INR has traded 12.5k contracts, that is 4 thousand as many. Not sure if it's a good data point but volume has to be taken into account.
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Re: Pakistani Economic Stress Watch

Post by anupmisra »

yensoy wrote:In the past 100 days, USD-PKR has traded 3 "contracts" and USD-INR has traded 12.5k contracts, that is 4 thousand as many. Not sure if it's a good data point but volume has to be taken into account.
Compare pkr with aghani contracts. That should be an equal equal=equal.
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Re: Pakistani Economic Stress Watch

Post by anupmisra »

Today's baki pkr rate was 169.61. Double century is possible by the end of the year if the pakis keep doing what they are doing to help it. That will be a sign of true victory.



Image

Image
CalvinH
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Re: Pakistani Economic Stress Watch

Post by CalvinH »

Mashahallah. Up and onwards to glory.

Looks like American help to Afghanistan was keeping Paki economy going. No wonder Pakis are desperately trying to get help for Afghanistan.

More demand for dollars for in Pakistan is also because people in Afghanistan are now seeking dollars as they dont trust Afghani any more. As per traders in Peshawar $1M-$1.5M are being traded everyday and taken to Afghanistan. If transaction in Afghani are not banned PKR will slip even more.
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Re: Pakistani Economic Stress Watch

Post by Bart S »

CalvinH wrote:Mashahallah. Up and onwards to glory.

Looks like American help to Afghanistan was keeping Paki economy going. No wonder Pakis are desperately trying to get help for Afghanistan.

More demand for dollars for in Pakistan is also because people in Afghanistan are now seeking dollars as they dont trust Afghani any more. As per traders in Peshawar $1M-$1.5M are being traded everyday and taken to Afghanistan. If transaction in Afghani are not banned PKR will slip even more.
Spot on, and it looks like there was a direct inflow of dollars from Afghanistan (sourced via US funding and aid money etc) to Pakistan, that has now slowed to a trickle.

Watch the first few mins of this video to hear it directly from the horse's mouth:
https://www.youtube.com/watch?v=RgcBb84iUYE
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Re: Pakistani Economic Stress Watch

Post by g.sarkar »

Ambar wrote:
mody wrote:https://www.msn.com/en-in/news/world/pa ... hp&pc=U531
Paki Rupee breaches 168 to a dollar. Lahori experts are asking govt to put curbs on imports!!
Still below Rs 169 it hit last year. How are they maintaining their worthless currency in this narrow band of Rs160 to Rs170 is beyond me. Given the state of affairs in that motheaten country, the ideal valuation of 1 USD should be above Rs 250 pkr.
The only way they are surviving is due to regular Gastarbeiter remittances from the ME. But "Moody"ji is working on that too.
Gautam
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Re: Pakistani Economic Stress Watch

Post by Vadivel »

Slow pace of work on CPEC irks Chinese companies

ISLAMABAD: A Senate panel on Thursday expressed concern over the slow pace of development on the China-Pakistan Economic Corridor (CPEC) and dissatisfaction being expressed by the Chinese companies over the negligible progress over the past three years.

While presiding over the Senate Standing Committee on Planning and Development, its Chairman Saleem Mandviwalla said the Chinese were not satisfied with the pace of work on CPEC and no progress on the portfolio was seen during the last three years. “They are crying”, said Mr Mandviwalla, adding the “Chinese ambassador has complained to me that you have destroyed CPEC and no work was done in the past three years,” he said. :(( :mrgreen:

Special Assistant to the Prime Minister on CPEC Affairs Khalid Mansoor also endorsed Mr Mandviwalla saying the Chinese companies were not satisfied with the government’s institutions and their pace of work. He said he himself was not satisfied with the progress of work on Gwadar Airport and assured the panel that things were now on recovery mode.

Mr Mansoor, who recently joined the government after it removed former CPEC Authority chief Asim Saleem Bajwa, briefed the committee on the issues faced by the investors in terms of compliance with investment and agreement of CPEC – Phase 1 Power Projects. These included payment issues of independent power projects (IPPs), long outstanding overdues, establishment of revolving account for automatic payments and increase in withholding tax (WHT) on sponsors’ dividends post investment to 25pc from 7.5pc.

Adviser assures Senate panel things are now in recovery mode

He said the authorities now plan to set up a investment facilitation centre to offer One Window Operation to all Chinese investors. He said 135 Chinese companies were operating in Pakistan on CPEC and other projects and top priority was now to revive the confidence of those working on CPEC.

On the financial and physical progress of all major CPEC projects, the committee was informed that 21 projects of $15.7bn were completed. Of this, 10 were power projects of 5,320MW and HVDC transmission line amounting to $9.6bn, five infrastructure — Roads, Mass Transit and Optical Fibre amounting to $5.8bn, two projects relating to Gwadar Port and Free Zone and City Master Plan amounting to $300 million, four Social Economic Development amounting to $140m. A total of 31 projects amounting to $9.3bn are under implementation and 36 projects worth $28.4bn are under consideration.

Mr Mandviwalla expressed resentment that proposals and recommendations of the committee on various development projects at provincial and federal level were not considered by the Planning Ministry for inclusion in PSDP.

Planning Minister Asad Umar said the final approval of the PSDP projects was given by the National Economic Council (NEC). “The NEC approval is final,” he added, explaining that March 31 next year would be the last date for any project to be taken to the NEC. The committee directed that relevant sections should pre-plan for the next year so that projects required at federal and provincial levels could be sent to the planning ministry before February.

Haramiyon ka link: ttps://www.dawn.com/news/1646793/slow-pace-of- ... -companies
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Re: Pakistani Economic Stress Watch

Post by anupmisra »

Pro-rich growth
Riyasat-e-mud-dina
Combined with consistently increasing prices of basic utilities like electricity, as well as historic levels of food inflation, post-Covid the cost of living for most working Pakistanis has become prohibitive.
At the height of the pandemic, the government made hay about protecting ‘daily wage workers’.
As the PM’s well-choreographed visits to some Islamabad bazars clarified, by ‘daily wage workers’ the government actually meant self-employed vendors.
In today’s Pakistan, investors and government officials would rather build gated housing schemes and profit from real estate speculation than set up a factory and hire waged workers for production.
The plunging rupee makes a bad situation worse
But this is a government that bends over backwards begging for money for its own economy, and now for the purportedly ‘friendly government’ in Kabul.
They sell us hateful ideologies to keep their pro-rich growth cycle intact.
https://www.dawn.com/news/1646806/pro-rich-growth
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Re: Pakistani Economic Stress Watch

Post by Manish_P »

More tabdili in the Riyasat-e-Pudina

Yawn - Govt proposes up to 37pc hike in gas tariff
The government’s proposed inverse gas tariff plan seeks to massively increase prices for 43pc of sale volumes to partially finance the cost of gas supplies to “protected” lower-end consumers.

This is part of the fresh cross-subsidy mechanism for gas prices under consideration of the Cabinet Committee on Energy (CCoE) to force shifting of space and water heating to electricity instead of natural gas in four peak winter months (November-February).

It is yet to be seen, however, if enough electricity efficient space and water heating appliances are available in the market to facilitate this transition at a cost affordable and acceptable to consumers. :rotfl:
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Re: Pakistani Economic Stress Watch

Post by Vips »

Shoaib Akhtar's formula for pakistan to overcome BCCI's Financial clout and influence at the ICC. He says pakistan should become financially so powerful that countries should request PCB to tour pakistan. The aim should be to become a $10 billion entity. This he say's can be achieved by:

-Increasing the PSL participating teams by another 4 new ones. Ask each team to given in advance for 5 years Rs 100 Billion :D
-Use that Money to Open PCB Bank and bank should aggressively increase members/do business with them and use money to promote cricket :lol:
-PCB should venture in the property market and use real estate money to promote cricket (i kid you not)
-Should integrate media and tourism business with Cricket through PCB and become financially so powerful that it can say to ICC tum bhaad me jao. :rotfl:

This chutiya wants to any how try to emulate India's financial heft.

He is going to be :(( when the financial bids for the next two teams of IPL are going to be announced.

He is going to be :(( :(( when the winning media bid for 2023-2028 for BCCI/IPL matches is announced.
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Re: Pakistani Economic Stress Watch

Post by Manish_P »

Baki paper Yawn trying to spin this news as a victory for Bakistan

Reality is Im-the-Dim had begged the chinese to reduce the tariffs and alter the terms of the loan repayment to which the Chinese have NOT agreed :mrgreen:

Pakistan, China agree not to alter tariff on power deals
Pakistan and China on Thursday agreed to keep unchanged the tariff and tax policies relating to power sector contracts and arrest and prosecute the attackers of July 14 Dasu bus tragedy at the earliest.

The Chinese has been agitating build-up of power sector dues going beyond $1.4bn (about Rs230bn), creation of a revolving fund for automatic payments and an increase in withholding tax rates after the agreements were signed.

Pakistan has been seeking changes in tariff structure for independent power producers to reduce financial burden in line with tariff discounts secured from other IPPs to address the circular debt pressure.
As to what they finally agreed upon:
Planning and Development Minister Asad Umar, who co-chaired it, said the two sides had agreed to the need and importance of enhanced security not only for CPEC projects but also Chinese labourers working in Pakistan, following the Dasu incident.
:rotfl:
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Re: Pakistani Economic Stress Watch

Post by anupmisra »

Manish_P wrote:Planning and Development Minister Asad Umar, who co-chaired it, said the two sides had agreed to the need and importance of enhanced security not only for CPEC projects but also Chinese labourers working in Pakistan, following the Dasu incident.


Pakis better be prepared. By 2025, they should expect 5 million chini laborers living in pakhanistan. 5 million potential grooms looking for hoors.
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Re: Pakistani Economic Stress Watch

Post by anupmisra »

More pressure on pakhani treasury.

Pakistan purchases 575,000 tonnes of wheat
Another tender from Pakistan for 640,000 tonnes of wheat closes on Sept 29.
The state-run Trading Corporation of Pakistan (TCP) is believed to have bought some 575,000 tonnes of wheat in an international tender, European traders said on Thursday. The TCP was believed to have purchased all the wheat at $383.50 c&f after several trading houses agreed to match the lowest price offered in the tender on Monday, traders said.
Pakistan has bought wheat regularly in the global market in recent months in an effort to boost domestic supply and cool prices.
Meanwhile, the Economic Coordination Committee (ECC) of the Cabinet on Thursday approved to import 50,000 tonnes of sugar to maintain sufficient stock in the country.
So, here's the reality. These are not "one & done" deals. Wheat and sugar get voraciously consumed and these purchases will have to be repeated every month. There are over 250 million bhookey-nangey pakis to feed.

Also, note that c&f means “cost and freight” which means the seller pays for shipping, but not insurance. Pakis would be responsible for all insurance. Accidents happen. Wheat can easily get "lost" in transit from port to warehouse.

My handy dandy chini calculator suggests a payment in escrow of $466M when the wheat is delivered at port. As the chinis (no pun intended) are known to say - "no money no honey".

Good luck funding the TSPA.

Harami link: https://www.dawn.com/news/1648122/pakis ... s-of-wheat
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Re: Pakistani Economic Stress Watch

Post by anupmisra »

Sheikh Chilli left the ministership of this august body at the right time.

Pakistan Railways’ membership of international body may be suspended
The membership of Pakistan Railways (PR) of the Intergovernmental Organisation for International Carriage by Rail (OTIF) — under Convention concerning International Carriage by Rail (COTIF) — is likely to be suspended as the former has failed to pay its annual membership fee for two years.
The PR should have paid the fee (about $90,000 per year), as this is not a huge amount for a huge department of nearly 80,000 employees and deals with billions of rupees annually
If the PR’s membership is suspended due to non-payment of membership fee, it will not be easy to restore the same quickly. It is a matter of the country’s image
They can't afford a $90K membership? 80,000 employees for two-three dozen passenger trains? That is some racket. And, they are worried about their image!

Click at your own risk link: https://www.dawn.com/news/1648094/pakis ... -suspended
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Re: Pakistani Economic Stress Watch

Post by Manish_P »

anupmisra wrote:More pressure on pakhani treasury....

Good luck funding the TSPA..
Anup ji, past 2 pages have shown that every other Paki or his cousin brother is a Nobel level economist.

Just a week back a bright spark at the Krachi electricity (non) supply had suggested 2 flat taxes of Rs 100 and Rs 200 on each electricity bill - and just like that they would raise Rs 10 billion annually.

Then this week there is Shoaib STD Akhtar and his brilliant plan to simply add more teams to PSL and get them to pay advance to the PCB.

Finally there is of course Im-the-Dim and his 'Andaaz Apna Apna' inspired plan of Ghar Ghar Murgi, Har Ghar Murgi...

TSPAs income sources are safe - as long as the Poppy blooms in A'stan.

It's only the retirement plans of the senior Afsars which look a bit shaky at the moment... somehow I don't think that they fancy changing from selling pizza in NYC to chow mein in Beijing.
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Re: Pakistani Economic Stress Watch

Post by Aditya_V »

Instead of importing wheat why cant Pakistan just slaughter more cattle and make it the only item on the menu
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Re: Pakistani Economic Stress Watch

Post by SRajesh »

haram link : http://www.dawn.com/news/1647826/chinas ... investment
CPEC down the Indus river??
Eleven pegs pledges to stop coal based power plants!!!
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Re: Pakistani Economic Stress Watch

Post by anupmisra »

Aditya_V wrote:Instead of importing wheat why cant Pakistan just slaughter more cattle and make it the only item on the menu
And, after all the cattle have been slaughtered, they can go after each other. Hey, it's their national pastime.
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Re: Pakistani Economic Stress Watch

Post by g.sarkar »

Aditya_V wrote:Instead of importing wheat why cant Pakistan just slaughter more cattle and make it the only item on the menu
Cattle in Paklands mean donkeys now a days. Old ones are eaten, young ones are exported to China along with brides. Two legged donkeys are eating their four legged brethren.
Gautam
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Re: Pakistani Economic Stress Watch

Post by anupmisra »

AoA!

Dollar scales new height, hits Rs169.6
plunged to an all-time low at Rs169.60 against the greenback in the interbank market on Monday
Meanwhile, in the open market the dollar was selling at Rs171.60.
Along with speculation, the demand was still high which is why the dollar appreciating on a day-to-day basis.
Choron ka link: https://www.dawn.com/news/1648871/dolla ... its-rs1696
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Re: Pakistani Economic Stress Watch

Post by anupmisra »

Per Afghan foreign and finance minister:

Afghan economy about to collapse: Shah Mahmood Qureshi
Foreign Minister Makhdoom Shah Mahmood Qureshi has once again urged the international community to engage with the new reality in Afghanistan and unfreeze the assets so that things did not fall apart.
The foreign minister, expressing his view over freezing of about $10 billion in Afghan assets, said “Afghan needs an economic injection and that money could become handy if available.
He suggested that there could be ways and means to ensure that the money be reached to the needy
The collapse could lead to exodus, a huge influx of refugees moving in different directions towards, Pakistan
And we are very concerned about that
About an inclusive government in Afghanistan, the foreign minister said that gradually, it appeared Taliban had accepted the idea mentally over inclusion of ethnicities.
Haramiyon ka link: https://www.thenews.com.pk/print/895932 ... se-qureshi
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Re: Pakistani Economic Stress Watch

Post by CalvinH »

Pakis are in a hard place. They need money to come to Afghanistan else Paki illegal trade with Afghanistan, that was kept open all these years to use dollars flowing into Afghanistan, would hurt Pakis badly. But the money wont come unless its clearly shown that Taliban are failing to provide the basic needs of the population.

Pakis cant say that because they are selling that Taliban 2.0 is going to work. Ergo Paki ministers have been blaring that there is no refugee crisis. But have to say at the same time that there would be a refugee crisis. With every passing day this bluff is getting exposed.

Pakis only way out is to create a civil war in Afghanistan and milk the west.
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Re: Pakistani Economic Stress Watch

Post by srin »

As long as the Amrikis were in Afghanistan, money was moving from Afghanistan to Bakistan (and directly too as transit costs). Now it is going to move the opposite way, and that's why they have started to squeal.
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Re: Pakistani Economic Stress Watch

Post by Mort Walker »

USD to PKR is now $1 to Rs. 170. This is an all time high. Or more correctly an all time low.
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Re: Pakistani Economic Stress Watch

Post by chetak »

Mort Walker wrote:USD to PKR is now $1 to Rs. 170. This is an all time high. Or more correctly an all time low.

the pakis should put their nonexistent money where their freeloading mouth is and start the ball rolling by first recognizing the taliban govt themselves.

what's stopping them from doing that, instead of wailing publicly for other countries to recognize the taliban.

so far, even the cheeni and eyran are quite noncommital on recognition.

another week or two should see the pakis in a real hard place with a large and looming rock.

by then, the yellow hordes will also begin to feel the heat and then start to sweat
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Re: Pakistani Economic Stress Watch

Post by Pratyush »

Why is it necessary for Pakistan establishment that Taliban should be recognised.

If they had any brains, they would keep quiet on the topic and let Taliban feel the anxiety. That is one of the levers for Pakistan to use against Taliban.

This speaks poorly about Pakistani strategic thought process.

The economic stress is not really offering any explanation about their circumstances..
Dilbu
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Re: Pakistani Economic Stress Watch

Post by Dilbu »

TSP has more to lose if Taliban is not recognized as the legit govt in Afghanistan. It will result in further chaos within Taliban ranks, loss of control for ISI and severe blow back within the borders of TSP.
chetak
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Re: Pakistani Economic Stress Watch

Post by chetak »

Dilbu wrote:TSP has more to lose if Taliban is not recognized as the legit govt in Afghanistan. It will result in further chaos within Taliban ranks, loss of control for ISI and severe blow back within the borders of TSP.
nail on the head onlee.

refugees, bomb blasts, attacks on the paki army will follow and and create the chance for non paki influences to gain a foothold.

qatari, cheeni and eyeranian jehadis are waiting.... not to mention ameriki backed afghani militias
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