Pakistani Economic Stress Watch

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chetak
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Re: Pakistani Economic Stress Watch

Postby chetak » 09 Apr 2019 14:34

tandav wrote:Suggestion: India should offer Pakistan a soft loan in exchange of transfer all of disputed areas such POK, Gilgit, Baltistan, NWFP (any pockets of interest to India in Balochistan/Sindh may be added if amount is larger). This will resolve Kashmir issue and hopefully with the money Pakistan can invest in education and livelihoods and start on its journey to become a more dignified nation.


a nanna munna trusting baccha :)

Pakistan can invest in education and livelihoods


sure, why not??

most of the pakis do attend their famous kalashnikov university and livelihood is assured after that. Their careers usually include a spectacular bang as they make their mark, errr red blotchy stain on their society.

Peregrine
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Pakistani Economic Stress Watch

Postby Peregrine » 09 Apr 2019 15:01

tandav wrote:Suggestion: India should offer Pakistan a soft loan in exchange of transfer all of disputed areas such POK, Gilgit, Baltistan, NWFP (any pockets of interest to India in Balochistan/Sindh may be added if amount is larger). This will resolve Kashmir issue and hopefully with the money Pakistan can invest in education and livelihoods and start on its journey to become a more dignified nation.
tandav Ji :

Does the Scorpion Stop to Sting? Does the Skunk Stop to Stink? Does Feeding Milk to a Cobra for Generations Reduces the Poison of its Bite?

The Terroristanis have slaughtered Thousands of US Soldiers despite Getting over US$ Fifty Billion in Aid, Grants, Loan Forgiveness, Arms and Arms Aid?

Do you think Terroristan will stop it HATRED FOR INDIA IN GENERAL AND OR FOR ITS HINDUS, BUDDHISTS, JAINS IN PARTICULAR?

So Dear and Respected tandev Ji kindly desist from such LOTOS EATERS' DREAMS!

My humble apologies if you take umbrage to my words above. :(

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Bart S
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Re: Pakistani Economic Stress Watch

Postby Bart S » 09 Apr 2019 15:15

tandav wrote:Suggestion: India should offer Pakistan a soft loan in exchange of transfer all of disputed areas such POK, Gilgit, Baltistan, NWFP (any pockets of interest to India in Balochistan/Sindh may be added if amount is larger). This will resolve Kashmir issue and hopefully with the money Pakistan can invest in education and livelihoods and start on its journey to become a more dignified nation.


This is extremely naive, but this type of statement is at least useful for trolling Pakis on their forums as it infuriates them. :lol:

tandav wrote:This will resolve Kashmir issue and hopefully with the money Pakistan can invest in education and livelihoods and start on its journey to become a more dignified nation.


You should (at least after spending time on BR) know that there is no Kashmir Issue as such, rather it is just a manifestation of the real issue, i.e the Pakistan Issue.

tandav wrote:hopefully with the money Pakistan can invest in education and livelihoods and start on its journey to become a more dignified nation.


They are not going to start doing what they have not done in 70 years with umpteen loans and grants from the US, UK, China, Arab, IMF, WB, ADB etc just because India gives them a soft loan. Plus if they are desperate enough to take a soft loan from India, we would probably just be able to take over those areas by force.

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Pakistani Economic Stress Watch

Postby Peregrine » 09 Apr 2019 18:15

S&P BSE SENSEX

Index Current : 38,939.22 - Pt. Change : +238.69 - % Change : +0.62

Market Capitalization of BSE Listed Co. (Rs.Cr.) : 1,51,87,168.57 - $ 1 / I R = 69.4950

Market Capitalization of BSE Listed Co. (U S $) : 2,185.36 Billion

P S E

Index Current : 37129.97 - Change : + 208.06 - % Change : + 0.56%

Market Capitalization of PSE Listed Co. (Rs.Cr.) : 7,614,548,141,677 - $ 1 / T R = 142.80

Market Capitalization of PSE Listed Co. (Rs.Cr.) : 53.32 Billion

B S E : P S E : : 40.99 : 1


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Peregrine
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Pakistani Economic Stress Watch

Postby Peregrine » 10 Apr 2019 00:21


Suraj
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Re: Pakistani Economic Stress Watch

Postby Suraj » 10 Apr 2019 00:36

It's not worth comparing the two countries this way. The better comparison is:
Pakistan per-capita GDP: $1360
Bangladesh per capita GGP: $1900
Nepal per capita GDP: $960

Bangladesh is far ahead of Pakistan, and Nepal will soon overtake them, given differential GDP growth rates. This means Pakistan is a few years away from being the poorest country in Soothe a Shia, taking the title from Bangladesh and Nepal, who exchanged the title in the past.

In the 1960s, Pakistan had the 2nd highest GDP per capita in the subcontinent, after Sri Lanka. Today it has the second lowest. Given differential GDP growth rates, India will in about 5-6 years overtake Sri Lanka has the wealthiest country by per-capita income in the subcontinent.

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Re: Pakistani Economic Stress Watch

Postby Vips » 10 Apr 2019 01:58

This is beyond hilarious:



The panel discussed the various ills pakistani economy is facing and one of the main one was people not paying taxes.Check from 18:50 onwards
The tax paying/business representative from karachi Chamber says he along with a delegation (of RAPES) went to meet Im the Dim to complain about the various tax notices that all businessmen (Non tax paying) were getting. He openly said to Imran that if all the rich people get notices like this they will not only not pay the taxes but also withdraw money and keep it at home. On being asked by Imran on a solution to this he said that bring an amnesty scheme and unlike the earlier ones bring one out in consultation (meaning on favorable terms to the businessmen) with us. He gives the lollipop to Imran that once the money is declared legal they will inject massive amounts in the pakistani economy.

So in Shitistan not only the businessmen not pay the due taxes but will get to white wash the ill gotten wealth for a measly/nominal tax.

Truly :rotfl: :rotfl:

Bart S
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Re: Pakistani Economic Stress Watch

Postby Bart S » 10 Apr 2019 02:07

Vips wrote:This is beyond hilarious:



I like how she started the program whose agenda was the economy, with an unrelated rant on India :mrgreen:

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Pakistani Economic Stress Watch

Postby Peregrine » 10 Apr 2019 02:54

Image

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nachiket
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Re: Pakistani Economic Stress Watch

Postby nachiket » 10 Apr 2019 03:04

This petrol price hike really reveals the "entitled brat" mentality of pakis and how long they have been living beyond their means. The current price after this hike is USD is 0.7$/litre. This is in a country which imports most of its oil. The average price of petrol in the US, the biggest oil producer in the world, is 0.66$/liter. And the pakis are complaining as if the sky is falling.

Petrol prices have been astonishingly low in pakiland despite them not having any oil. Only way this is possible is by taxing it very little or subsidizing it. And then they wonder why they are bankrupt.

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Re: Pakistani Economic Stress Watch

Postby Aditya_V » 10 Apr 2019 17:35

I have a feeling Pakis have been receing some sort of protection money from our elite in the past, that pipeline seems to have been cut in the last few years. Plus the Industries have been run by Faujis and businessmen have been illegally taxed to help Jihadi Tanzeems and Faujis to run thier operations especially in Kashmir etc, so Pakistan does not really have any extra room to tax

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Pakistani Economic Stress Watch

Postby Peregrine » 10 Apr 2019 17:50

S&P BSE SENSEX

Index Current : 38,585.35 - Pt. Change : -353.87 - % Change : -0.91%

Market Capitalization of BSE Listed Co. (Rs.Cr.) : 1,51,22,121.46 - $ 1 / I R 69.3350

Market Capitalization of BSE Listed Co. (U S $.) : 2,181.02 Billion

P S E

Index Current : 36,579.32 - Pt. Change : -565.65 - % Change : -1.48%

Market Capitalization of PSE Listed Co. (Rs.Cr.) : 7,515,883,664,593 - $ 1 / T R 142.70

Market Capitalization of PSE Listed Co. (U S $.) : 52.67 Billion

B S E : P S E : : 41.41 : 1


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Re: Pakistani Economic Stress Watch

Postby Avinandan » 10 Apr 2019 18:37

Peregrine wrote:S&P BSE SENSEX

Index Current : 38,585.35 - Pt. Change : -353.87 - % Change : -0.91%

Market Capitalization of BSE Listed Co. (Rs.Cr.) : 1,51,22,121.46 - $ 1 / I R 69.3350

Market Capitalization of BSE Listed Co. (U S $.) : 2,181.02 Billion

P S E

Index Current : 36,579.32 - Pt. Change : -565.65 - % Change : -1.48%

Market Capitalization of PSE Listed Co. (Rs.Cr.) : 7,515,883,664,593 - $ 1 / T R 142.70

Market Capitalization of PSE Listed Co. (U S $.) : 52.67 Billion

B S E : P S E : : 41.41 : 1


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Peregrine ji,
Just wanted to appreciate your constant updates. This is one of the prime reason i login to BR everyday.
Please accept a ton of Thanks from me. :)

Admins : I accidentally reported the above post instead of replying to Peregrine ji, kindly ignore that. Apologies for this.

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Re: Pakistani Economic Stress Watch

Postby Manish_P » 10 Apr 2019 19:36

^ +1

May the resident Baaz of BRF always soar high and fly fast and may his eyes always be a bit sharper than his talons!

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Re: Pakistani Economic Stress Watch

Postby Peregrine » 10 Apr 2019 21:14

Manish_P wrote:^ +1

May the resident Baaz of BRF always soar high and fly fast and may his eyes always be a bit sharper than his talons!

Manish_P Ji :

Flattery will get you Everywhere but a bit of Greasing the Palm would Help! :rotfl:

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Re: Pakistani Economic Stress Watch

Postby manjgu » 10 Apr 2019 21:35

india should rebut ' we have credible intelligence that terrorist groups based out of pakistan.. along with ISI and PA are planning terrorist action in India with special reference to kashmir during the election time in india"

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Re: Pakistani Economic Stress Watch

Postby Singha » 10 Apr 2019 21:47

cars are also very lightly taxed in pak, and import of second hard cars is freely allowed.

thats why you see so many corollas there.

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Re: Pakistani Economic Stress Watch

Postby Supratik » 10 Apr 2019 23:12

I think Mumbai MMR economy is 10% of India i.e. about 300 billion dollars. Pak economy from wiki is 280 billion dollars.

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Re: Pakistani Economic Stress Watch

Postby yensoy » 10 Apr 2019 23:25

Singha wrote:cars are also very lightly taxed in pak, and import of second hard cars is freely allowed.
thats why you see so many corollas there.


Yes, it's a corollary of free import of used cars.

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Re: Pakistani Economic Stress Watch

Postby CalvinH » 11 Apr 2019 06:55

Looks like the nepotism and corruption created a rent seeker trade system that didn't add anything to state income. Since the elite class is all related to each other they helped each other to get rich while keeping state poor. State assets such as Pak steel mills and PIA were slowly degraded to benefit the private sector companies run by the elites.

It can only go so far.

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Re: Pakistani Economic Stress Watch

Postby tandav » 11 Apr 2019 07:40

Peregrine wrote:
tandav wrote:Suggestion: India should offer Pakistan a soft loan in exchange of transfer all of disputed areas such POK, Gilgit, Baltistan, NWFP (any pockets of interest to India in Balochistan/Sindh may be added if amount is larger). This will resolve Kashmir issue and hopefully with the money Pakistan can invest in education and livelihoods and start on its journey to become a more dignified nation.
tandav Ji :

Does the Scorpion Stop to Sting? Does the Skunk Stop to Stink? Does Feeding Milk to a Cobra for Generations Reduces the Poison of its Bite?

The Terroristanis have slaughtered Thousands of US Soldiers despite Getting over US$ Fifty Billion in Aid, Grants, Loan Forgiveness, Arms and Arms Aid?

Do you think Terroristan will stop it HATRED FOR INDIA IN GENERAL AND OR FOR ITS HINDUS, BUDDHISTS, JAINS IN PARTICULAR?

So Dear and Respected tandev Ji kindly desist from such LOTOS EATERS' DREAMS!

My humble apologies if you take umbrage to my words above. :(

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Why would I take umbrage. Well the reason why I say this is since TSP is anyway selling property to China. Might as well buy from them.

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Re: Pakistani Economic Stress Watch

Postby mody » 11 Apr 2019 14:59

Pakistan is also one of the biggest markets in the world for stolen cars.

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Re: Pakistani Economic Stress Watch

Postby Peregrine » 11 Apr 2019 16:21

tandav wrote:Suggestion: India should offer Pakistan a soft loan in exchange of transfer all of disputed areas such POK, Gilgit, Baltistan, NWFP (any pockets of interest to India in Balochistan/Sindh may be added if amount is larger). This will resolve Kashmir issue and hopefully with the money Pakistan can invest in education and livelihoods and start on its journey to become a more dignified nation.
Peregrine wrote:tandav Ji :

Does the Scorpion Stop to Sting? Does the Skunk Stop to Stink? Does Feeding Milk to a Cobra for Generations Reduces the Poison of its Bite?

The Terroristanis have slaughtered Thousands of US Soldiers despite Getting over US$ Fifty Billion in Aid, Grants, Loan Forgiveness, Arms and Arms Aid?

Do you think Terroristan will stop it HATRED FOR INDIA IN GENERAL AND OR FOR ITS HINDUS, BUDDHISTS, JAINS IN PARTICULAR?

So Dear and Respected tandev Ji kindly desist from such LOTOS EATERS' DREAMS!

My humble apologies if you take umbrage to my words above. :(

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tandav wrote:Why would I take umbrage. Well the reason why I say this is since TSP is anyway selling property to China. Might as well buy from them.
tandav Ji

Many thanks for your suggestion. However the Terroristanis will neither sell property to India nor allow the Chinese to sell their Chinese Properties acquired from the Terroristanis!

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Peregrine
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Pakistani Economic Stress Watch

Postby Peregrine » 11 Apr 2019 18:02

S&P BSE SENSEX

Index Current : 38,607.01 - Pt. Change : +21.66 - % Change : 0.06%

Market Capitalization of BSE Listed Co. (Rs.Cr.) : 1,51,50,908.42 - $ 1 / IN R = 69.1150

Market Capitalization of BSE Listed Co. (U S $.) : 2,192.13 Billion

P S E

Index Current : 36787.64 - Pt. Change : + 208.32 - % Change : +0.57% - $ 1 / T R = 142.70

Market Capitalization of PSE Listed Co. (Rs.Tr.) : 7,554,983,284,849

Market Capitalization of PSE Listed Co. (U S $.) : 52.94 Billion

B S E : P S E : : 41.41 : 1

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Peregrine
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Pakistani Economic Stress Watch

Postby Peregrine » 11 Apr 2019 18:47

X Posted on the Terroristan Thread

Pakistan’s debt pile to swell to 84.1% of GDP by 2023
ISLAMABAD: The debt pile that Prime Minister Imran Khan would leave behind at the end of his five-year term will be equal to 84.1% of the size of Pakistan’s economy – far higher than the gross public debt at the end of the PML-N government, suggests a new report of the International Monetary Fund (IMF).
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Re: Pakistani Economic Stress Watch

Postby Yagnasri » 12 Apr 2019 10:04

From what I see, the economy of pakis is modeled for rich people and not for middle class or poor. Import of cars, low tax on car, lack of land reforms, Baboon + Army establishment which does not answer to people, huge defense spending (which I do not really support) etc shows that. It is basically Delhi Sulthanite structure.

Unless you have a model which creats and sustains large middle class and take care of poor real long term economic future will not be there.


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Pakistani Economic Stress Watch

Postby Peregrine » 12 Apr 2019 17:18

Terroristani Lesson in the High Arts of Economics!

'Rupee weakness behind high inflation' - Shahram Haq
LAHORE: In a rare admission, the adviser to prime minister on commerce has acknowledged that depreciation of the rupee has pushed up the rate of inflation in the country.
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Aditya_V
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Re: Pakistani Economic Stress Watch

Postby Aditya_V » 12 Apr 2019 17:19

Generally when the SBP says this the opposite is going to happen

https://tribune.com.pk/story/1943917/1-sbp-official-rules-depreciation-rupee/

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Re: Pakistani Economic Stress Watch

Postby Peregrine » 12 Apr 2019 19:24

S&P BSE SENSEX

Index Current : 38,767.11 - Pt. Change : +160.10 - % Change : +0.41

Market Capitalization of BSE Listed Co. (Rs.Cr.) : 1,52,14,642.20 - $ 1 / I R - 69.4000

Market Capitalization of BSE Listed Co. (U S $.) : 2.192.61 Billion

P S E

Index Current : 37337.87 - Pt. Change : +550.23 - % Change : +1.50% - $ 1 / T 4 - 142.50

Market Capitalization of PSE Listed Co. (Rs.Tr.) : 7,641,707,952,650

Market Capitalization of PSE Listed Co. (U S $.) : 53.63 Billion

B S E : P S E : : 40.88 : 1


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Last edited by Peregrine on 12 Apr 2019 19:44, edited 1 time in total.

sudhan
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Re: Pakistani Economic Stress Watch

Postby sudhan » 12 Apr 2019 19:35

^^ There you have it..

PSE has grown more than SENSEX.. AoA and AK Phyrr!!

@ Peregrine ji: Seriously though, have this question for some time.. What is the actual size Paki economy as per your data..?

The data available online seems heavily touched up in Sialkot by people with their intelligence rivalling the water car Djinneer from Khairpur..

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Re: Pakistani Economic Stress Watch

Postby Peregrine » 12 Apr 2019 20:10

sudhan wrote:^^ There you have it..

PSE has grown more than SENSEX.. AoA and AK Phyrr!!

@ Peregrine ji: Seriously though, have this question for some time.. What is the actual size Paki economy as per your data..?

The data available online seems heavily touched up in Sialkot by people with their intelligence rivalling the water car Djinneer from Khairpur..
sudhan Ji :

Thanks for noticing the "Mistook that took place!".

The Following Article "Illuminates" the Headless Chickens nay Rats deserting the Not So good ship "SS Terroristan" :

Punjab finance secretary applies for long leave ahead of budget - Intikhab Hanif

LAHORE: When the PTI Punjab government is supposed to concentrate on the next budget, Secretary Finance Hamid Yakoob Sheikh has reportedly applied for extraordinary (long) leave for unexplained reasons.

The official sources say Mr Sheikh has applied for three-year extraordinary leave and his request is pending a decision with the authorities concerned.

Mr Sheikh is serving as the provincial finance secretary for the last around two-and-a-half years. He had earlier served in the department as its deputy secretary, additional secretary and special secretary for many years, also working in international monetary institutions and Department for International Development’s Sub-National Governance (SNG) programme.

He was posted as the finance secretary by the Shahbaz Sharif government but was retained by the present set-up due to his expertise in public finance as well as the professional conduct.

One of his major tasks had been to attend to troubles arising out of the financial crisis being faced the present government.

He had to face courts on several occasions due to pending liabilities, the officials said who added that one such liability was the non-payment of bills to contractors whom the departments concerned had issued cheques which were not honoured. The officials said it was Mr Sheikh who had to face its consequences.

A senior official of the Punjab government, when asked about the possible reason, said: “Many want side posting, some intend to proceed on leave, provided they are able to get good opportunities elsewhere”.

The current financial crisis was caused, the officials claimed, due to a marked reduction in the collection of provincial taxes and the provincial share. Punjab faced a shortfall of Rs150bn during the current fiscal year, involving the finance secretary to indulge in firefighting.

The officials said that two special secretaries of the finance department had the potential to make the next budget if Mr Sheikh is allowed leave. He could also be replaced but changing the commander in the middle of a war ‘looks a difficult option’.

In Addition the Actual Size of the Terroristani Economy as per the State Bank of Terroristan is as follows :

Terroristan's External Debt and Liabilities - Outstanding Provisional - (Billion US$) as on 31-12-2018

GDP (Current Market Price) 277.206 Billion

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Pakistani Economic Stress Watch

Postby Peregrine » 13 Apr 2019 02:21

Next year and a half will be difficult for country's economy: Hammad Azhar
Minister for Revenue Hammad Azhar on Thursday reiterated that the next year and a half will prove to be a difficult period for the country's economy.
Speaking at a press conference in Islamabad, the revenue minister said: "We — the prime minister, Asad Umar sahab, and myself — have all been saying this. This is because the extent of the damage to the economy was such that time will be required in its recovery."
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Re: Pakistani Economic Stress Watch

Postby menon s » 13 Apr 2019 18:03

Arif Naqvi of Abraaj Capital...and a friend of IK, is arrested for defrauding investors at Heathrow airport.

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Pakistani Economic Stress Watch

Postby Peregrine » 14 Apr 2019 19:02

X Posted on the Terroristan Thread

Disappointment for the Terroristanis :

Umar-Mnuchin meeting fails to materialize at IMF moot
ISLAMABAD: US Treasury Secretary Steven Mnuchin did not meet with the Pakistani delegation on the sidelines of the spring meetings of the International Monetary Fund (IMF), [color]indicating a lack of warmth in ties between the once close allies.


Terrroristani Waling Response at its Wailing Wall :((

Contrary to IMF claims, Pakistan's economy can grow over 3.5% - Salman Siddiqui
KARACHI: Pakistan’s economic growth will not slow down to the International Monetary Fund’s (IMF) anticipated level 2.9%, but in fact it is likely to be well above 3.5% during the current fiscal year 2019, PM Economic Advisory Council member told The Express Tribune.
“This is a political statement of IMF,” PM Economic Advisory Council’s member Dr Ashfaque Hasan Khan said. “The economy will grow between 3.5-4% during the current fiscal year 2019.”
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Re: Pakistani Economic Stress Watch

Postby K Mehta » 14 Apr 2019 20:13

Utility Stores running out of food items
ISLAMABAD: Over 10 companies have stopped supplying their food products to the Utility Stores Corporation (USC) as it owes them over Rs8 billion.

The USC has asked the government to pay 10% to 15% of this amount to the companies and also sought a 75% advance from the Rs2 billion Ramazan package.

Sources said with the companies cutting off their supplies, there is a shortage of food items in Utility Stores across the country.

The USC is incurring losses worth Rs12 billion every year and because of the ongoing financial crisis, it is also finding it difficult to pay the salaries of its employees.

There are dues worth Rs25 billion that the government has to pay to the USC under its subsidy.


The USC wants the government to make partial payments of 10% to 15% to the companies to ensure the supply of food items to its stores during Ramazan.

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Re: Pakistani Economic Stress Watch

Postby Supratik » 14 Apr 2019 20:37

Are we seeing early days of a Venezuela like situation? May be not as the west is likely to bail them out again in exchange for some favors.

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Re: Pakistani Economic Stress Watch

Postby sudhan » 15 Apr 2019 06:05

Peregrine wrote:
GDP (Current Market Price) 277.206 Billion

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Thanks, Peregrine ji. For taking the time.

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Re: Pakistani Economic Stress Watch

Postby Vivasvat » 15 Apr 2019 06:59

KPK minister advises naPaks to eat one Roti instead of two
Watch from 0:54 onwards.

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Re: Pakistani Economic Stress Watch

Postby Singha » 15 Apr 2019 14:29

fed up with the high prices of 'proper' meat , paks have started hunting and eating flamingoes now

https://twitter.com/TarekFatah/status/1 ... 8647296000

they are perhaps the only country that allows hunting the national animal(markhor) for fat fees. one fellow paid $91000 for a trophy.

whats next left to eat after the 'easy meat' like flamingos learn to overfly pak on their way to safer shores in india?

I can only think of donkeys, peacocks and houbaras. but cheen loves donkey meat so mostly will be exported(its exported even from africa).

at one time Pak surely had lions, tigers, cheeta, leopard, elephant, large deer but the attitude of the people led to big deforestation and ongoing desertification and now the large wildlife like leopard, snow leopard, siberian ibex and markhor only survives in northern areas of pak north of punjab.


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