Pakistani Economic Stress Watch

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pankajs
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Re: Pakistani Economic Stress Watch

Postby pankajs » 10 May 2019 13:28

Now the real game of Chickens will start! AoA.

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Pakistani Economic Stress Watch

Postby Peregrine » 10 May 2019 16:01

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Pakistani Economic Stress Watch

Postby Peregrine » 10 May 2019 16:15

Growth rate slumps to lowest in 9 years

ISLAMABAD: The country’s economic growth rate has slowed down to 3.3% — the lowest in nine years — in the first year of Prime Minister Imran Khan’s government, which missed its targets set for all major sectors of the economy.
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Pakistani Economic Stress Watch

Postby Peregrine » 10 May 2019 16:48

On verge of IMF deal

All signs indicate that Pakistan is close to clinching a bailout package from the International Monetary Fund (IMF). And all signs show that this package — of $6.5 billion, according to estimates — will cost the Pakistanis dearly. Even though the IMF dollars are still in the pipeline, the masses have started feeling the pinch. Electricity and gas have become costlier, prices of petroleum products have hit new highs, the dollar has winged into new peaks, and the key interest rate has been rising and rising. While all that has already had a huge bearing on the common man’s wallet, the IMF is asking for more.

There are reports that the economic bailout package being worked out with the IMF is going to cause an additional burden of Rs700 billion on the already hard-up masses over a period of two years in the shape of withdrawal of tax exemptions. For the sake of much-needed dollars, what the incumbent government is reported to have conceded to the IMF does threaten a tsunami of inflation. The government of Imran Khan has reportedly agreed to increase the electricity and gas tariffs in the next budget; raise the policy rate by 100-200 basis points; take various measures aimed at building up foreign exchange reserves, like purchasing dollars in the open market ; and make Nepra, the power-sector regulator, autonomous; among other measures.

According to reports, the government will start withdrawing exemptions offered in various taxes amounting to Rs350 billion in the federal budget for 2019-20. A major challenge for the government was to curtail budget deficit and the options available were enhancing revenues, reducing government expenditures and slashing the development budget. The government went for the first mentioned option as it is the public that comes up as an automatic choice when it comes to offering sacrifices in the supreme national interest.

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Re: Pakistani Economic Stress Watch

Postby Bart S » 10 May 2019 17:06

Peregrine wrote:Growth rate slumps to lowest in 9 years

ISLAMABAD: The country’s economic growth rate has slowed down to 3.3% — the lowest in nine years — in the first year of Prime Minister Imran Khan’s government, which missed its targets set for all major sectors of the economy.
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The slow pace of economic growth coupled with currency devaluation has caused the size of the economy — in the US dollar terms — to slip to around $280 billion from $313 billion at the end of the Pakistan Muslim League-Nawaz (PML-N) government’s term.


If we consider that the real population of Pakistan is about 220 million at least, a $280 million GDP leaves them at the $1200-1300 per capita level.

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Re: Pakistani Economic Stress Watch

Postby ArjunPandit » 10 May 2019 17:12

pankajs wrote:Now the real game of Chickens will start! AoA.

Reminds me of Ras Al ghul, with China Pakistan has tried a new weapon Economics. Whether we like it or not, they will be responsible for a superpower in this century (along with themselves): Most likely its gonna be china.
China has other economic storm brewing up

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Re: Pakistani Economic Stress Watch

Postby menon s » 10 May 2019 17:18

"Divorcing pinky peerni and killing ten black rams......is the only way out for imran to get out from this trouble"......qadri of labbaik .

sanest advice that i have seen in a long time!

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Re: Pakistani Economic Stress Watch

Postby menon s » 10 May 2019 17:26

Bart S wrote:


The slow pace of economic growth coupled with currency devaluation has caused the size of the economy — in the US dollar terms — to slip to around $280 billion from $313 billion at the end of the Pakistan Muslim League-Nawaz (PML-N) government’s term.


If we consider that the real population of Pakistan is about 220 million at least, a $280 million GDP leaves them at the $1200-1300 per capita level.



GDP of Tamil nadu is more than this?

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Re: Pakistani Economic Stress Watch

Postby Peregrine » 10 May 2019 18:05

Bart S wrote:
The slow pace of economic growth coupled with currency devaluation has caused the size of the economy — in the US dollar terms — to slip to around $280 billion from $313 billion at the end of the Pakistan Muslim League-Nawaz (PML-N) government’s term.
If we consider that the real population of Pakistan is about 220 million at least, a $280 million GDP leaves them at the $1200-1300 per capita level.
Bart S Ji :

TABLE-1: AREA & POPULATION OF ADMINISTRATIVE UNITS BY RURAL/URBAN: 1951-1998 CENSUSES

You will find that the Terroristani Population has Doubled from 1951 to 1972 and again from 1961 to 1981.

Now please Double the Figures from 1972 to 1991, 1981 to 2001, 1991 to 2011 and finally from 2001 to 2021.

You will be astounded!

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Re: Pakistani Economic Stress Watch

Postby Shaktimaan » 10 May 2019 18:05

Peregrine wrote:
ISLAMABAD: The country’s economic growth rate has slowed down to 3.3% — the lowest in nine years — in the first year of Prime Minister Imran Khan’s government, which missed its targets set for all major sectors of the economy.
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Aila...they have now reached the Hindu Rate of Growth! Maybe they can do Ghar Wapasi in the coming months back to Yindooism... :rotfl:

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Pakistani Economic Stress Watch

Postby Peregrine » 10 May 2019 18:27

Capitulating to IMF will cause massive unemployment, warns economist

The International Monetary Fund (IMF) has one-point agenda in Pakistan, namely the privatisation of all the assets of the country which will cause large-scale unemployment.

Economist and former adviser to the Sindh and Balochistan chief ministers Dr Kaiser Bengali stated this while speaking on Thursday evening at a consultation meeting, titled ‘The current economic scenario and its effects on the common man’, at the Arts Council of Pakistan.

World powers blackmailing Pakistan on IMF bailout

8m people may go below poverty line in next 2 fiscals

The event was held under the aegis of the Pakistan Institute of Labour Education and Research (Piler) and the Shaheed Zulfikar Ali Bhutto Institute of Science and Technology (Szabist).

Dr Bengali said he feared that after selling off all the national assets to foreign conglomerates, the government would also sell off the natural resources. He maintained that the PTCL, which was privatised in the Musharraf era, owed $800million to the Pakistani government which was still not forthcoming.

According to the economist, the State Bank of Pakistan (SBP) had been in the grip of the IMF-World Bank duo for the last 16 years during which period it was overseen by Dr Mohammad Yaqub, Dr Ishrat Husain and Dr Shamshad Akhtar.

Talking about technocrats, he said any technocrat who did not have their roots in the masses was no better than a contractor and they just would not be bothered about national or public welfare.

“Now”, he said, “The World Bank and the IMF have taken over total control of the Pakistani economy and have established their stranglehold on it.” Talking about Dr Hafeez Sheikh’s reported obstinacy, he said, “It’s because he knows that he is just answerable to Washington.”

Dr Bengali attributed the failing economy to the decisions of increasing non-productive expenditures. He said many new ministries were made without any good reason like the ministry of national reconciliation.

By increasing expenditures, we were increasing the dollar gap, he said, adding that when our imports outstripped our exports, the dollar gap would widen.

He said that till recently for every $100 of exports, we had $125 of imports. Now, he said, for every $100 of exports there were $230 of imports. He added that in most of our cities, department stores were just stacked with imported consumer items so much so that a locally manufactured product was really hard to come by.

The speaker predicted that by the coming December, a dollar would be worth Rs200 and next year around this time, it would be worth Rs250. He firmly asserted that we had to cut back on non-development expenditures right away, otherwise, things would get totally out of hand.

According to Dr Bengali, foreign companies in Pakistan converted their profits into dollars and then remitted them back home, which drained the country’s dollar reserves. He said the country right now was in the grip of ‘Mir Jaffers’. He remarked that there could be no revolution as the era of revolutions was over. However, he said industrialisation could break the back of feudalism.

Zehra Khan of the Home-Based Women Workers Federation said it was after a great struggle that they had made the provincial government pay the mandated Rs16,200 to a labourer but even that was a pittance under the present circumstances given the back-breaking inflation.

She said that the public would have to be mobilised to launch a struggle for their genuine rights. Political parties, she said, were least bothered about the plight of the toiling have-nots.

Piler Executive Director Karamat Ali quoted a recent World Bank study which stipulated that a large majority of Pakistanis were living on $2 per day, which was well below the poverty line. Tracing Pakistan’s involvement with the IMF from 1988 onwards, he said real incomes had dropped by 50 per cent since then. He said, “The Nawaz Sharif government went on a privatisation spree as a result of which we stand de-industrialised today.”

Dr Riaz Shaikh, dean of the Szabist social sciences department, towards the beginning of the consultation, pointed to the air of fear that had been bred in the country whereby people were scared of speaking their minds out on issues affecting them for fear of punitive reprisals. He pointed out the repressive measures that the media was being subjected to in order to stifle freedom of thought and expression, and debate on vital issues.

The speeches of the main speakers were followed by an animated and highly charged question-answer session.

Comments : Capitulate they Must and Capitulate they Will.

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Re: Pakistani Economic Stress Watch

Postby Yagnasri » 10 May 2019 18:48

Even my madarasa education tells me that they are living/begging for day to day needs from now onwards. One year time fly just like that and there will be further payments due. Then what? One more round of begging?

Unless they cut their defense spending in a very big way there is no chance they can even make reasonable effort to save themselves with other reforms. The spending is simply too big to sustain now. But that is not going to happen at any cost.

There will be all kinds of CTs and evil baniya hindoo will be blamed anyway. So let is impose some sanctions on the banks and other institutions doing business with Pakis asap. :mrgreen:

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Re: Pakistani Economic Stress Watch

Postby Peregrine » 10 May 2019 19:04

menon s wrote:GDP of Tamil nadu is more than this?
menon s Ji:

What is the 2017-2018 and 2018-2019 GDP of Tamil Nadu?

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Re: Pakistani Economic Stress Watch

Postby Bart S » 10 May 2019 19:09

menon s wrote:
Bart S wrote:


If we consider that the real population of Pakistan is about 220 million at least, a $280 million GDP leaves them at the $1200-1300 per capita level.



GDP of Tamil nadu is more than this?


Not yet, but probably will be next FY.
https://www.prsindia.org/parliamenttrac ... is-2019-20

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Re: Pakistani Economic Stress Watch

Postby Bart S » 10 May 2019 19:21

Peregrine wrote:Capitulating to IMF will cause massive unemployment, warns economist

The International Monetary Fund (IMF) has one-point agenda in Pakistan, namely the privatisation of all the assets of the country which will cause large-scale unemployment.

Economist and former adviser to the Sindh and Balochistan chief ministers Dr Kaiser Bengali stated this while speaking on Thursday evening at a consultation meeting, titled ‘The current economic scenario and its effects on the common man’, at the Arts Council of Pakistan.


After wasting far too much time watching Paki TV shows and especially the ones having Paki economists (a better form of entertainment than any Indian comedy show), I have come to the conclusion that they are not really giving genuine economic gyan (probably don't have any real insight either). Rather, they seem to be just putting across whatever political viewpoint suits them depending on which musical chair (metaphorically speaking) they happen to be sitting on. For e.g a guy who has been excluded from some committee will invariably heap abuse on the govt, those aligned with different political parties will put across what is convenient for their masters, and the ones who are not capable of being employed internationally and hence have to settle for a teaching job in Pakistan will lash out at anybody with a real career out of jealousy and spite.

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Pakistani Economic Stress Watch

Postby Peregrine » 10 May 2019 19:26

Yagnasri wrote:1. Even my madarasa education tells me that they are living/begging for day to day needs from now onwards. One year time fly just like that and there will be further payments due. Then what? One more round of begging?
Unless they cut their defense spending in a very big way there is no chance they can even make reasonable effort to save themselves with other reforms. The spending is simply too big to sustain now. But that is not going to happen at any cost.
There will be all kinds of CTs and evil baniya hindoo will be blamed anyway. So let is impose some sanctions on the banks and other institutions doing business with Pakis asap. :mrgreen:
Yagnasri Ji :

1. Begging started in 1947-1948 when Jinnah said to a Life Magazine Correspondent that THE USA NEEDS PAKISTAN. The USA after discussing the matter with the Terroritanis gave them over US$ Two Billion.

2. You wanna Bet? IMO they will "Belly Up", "Eat Grass" etc. but not reduce their DEFENCE SPENDING as it is Sacrosanct!

3. So must it be!

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Re: Pakistani Economic Stress Watch

Postby Peregrine » 10 May 2019 19:39

Peregrine wrote:Capitulating to IMF will cause massive unemployment, warns economist

The International Monetary Fund (IMF) has one-point agenda in Pakistan, namely the privatisation of all the assets of the country which will cause large-scale unemployment.

Economist and former adviser to the Sindh and Balochistan chief ministers Dr Kaiser Bengali stated this while speaking on Thursday evening at a consultation meeting, titled ‘The current economic scenario and its effects on the common man’, at the Arts Council of Pakistan.
Bart S wrote:After wasting far too much time watching Paki TV shows and especially the ones having Paki economists (a better form of entertainment than any Indian comedy show), I have come to the conclusion that they are not really giving genuine economic gyan (probably don't have any real insight either). Rather, they seem to be just putting across whatever political viewpoint suits them depending on which musical chair (metaphorically speaking) they happen to be sitting on. For e.g a guy who has been excluded from some committee will invariably heap abuse on the govt, those aligned with different political parties will put across what is convenient for their masters, and the ones who are not capable of being employed internationally and hence have to settle for a teaching job in Pakistan will lash out at anybody with a real career out of jealousy and spite.
Bart S Ji :

That is a Fact NO ONE CAN DENY!

BTW : I hope you calculate the Aam Abdul Population and confirm that the Terroristanis tell LIES without Moving their Lips!

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Re: Pakistani Economic Stress Watch

Postby Singha » 10 May 2019 22:07

an important statement from water resources minister:

Minister for Water Resources, Nitin Gadkari said, "Water is going to Pakistan from 3 rivers, we don't want to stop that. But the basis of water treaty between India and Pakistan were peaceful relations and friendship which have completely vanished. So we are not bound to follow this treaty."

Gadkari added, "Pakistan is continuously supporting terrorists. If Pakistan doesn't stops terrorism, we won't have any other option but to stop river water to Pakistan. So India has started internally studying it. The water will go to Haryana, Punjab and Rajasthan."

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Pakistani Economic Stress Watch

Postby Peregrine » 11 May 2019 02:01

X Posted on the P E S W Thread

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Re: Pakistani Economic Stress Watch

Postby jash_p » 11 May 2019 02:40

What happen to IMF - Paki signing today scheduled combined press conference today ?

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Pakistani Economic Stress Watch

Postby Peregrine » 11 May 2019 03:00

jash_p wrote:What happen to IMF - Paki signing today scheduled combined press conference today ?
jash_p Ji:

IMF expresses reservation over Pakistan's draft agreement

ISLAMABAD (Dunya News) – International Monetary Fund (IMF) on Friday has expressed reservation over the draft agreement of loan program with Pakistan.

According to details, the IMF delegation arrived at the office of finance ministry and informed about the concerns raised by the headquarters.

The Pakistani side has assured the team to address its reservations. However, sources told that the deal may face delay if the incumbent government fails to satisfy the IMF.

Sources told that electricity prices will start increasing from July 1 while country would withdraw tax exemptions amounting to Rs700 billion within two years.

Pakistan will take $7 billion to $8 billion loan from IMF under a three year program for which, an agreement is expected to be signed today.

As per IMF condition, the government will have to reduce subsidies and take Rs340 billion from consumers in the energy sector only. The prices of gas will be raised in the second phase.

Those government departments that are immersed in deficit will be privatized while State Bank of Pakistan would be able to regulate exchange rates independently. The rate of US dollar would be set without any pressure from the government.

This implies that the government is expected to allow a significant rupee depreciation and key interest rate hike in 2019.

Financial discipline will be maintained whereas non-developmental expenses will also be limitized.

As per sources reported, the talks between Pakistan and IMF have been on a deadlock as no results have been achieved for past 12 days.

According to the sources, few problems raised at the last moment of the deal where both parties failed to decide on a mutual agreement.

It was stated before that the announcement of agreement with IMF can be expected at any moment as Pakistan has agreed to all IMF’s conditions.

Finance Minister Spokesperson expressed that the talks with IMF will continue for two more days.

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Re: Pakistani Economic Stress Watch

Postby menon s » 11 May 2019 11:25

PAK IMF TALKS...on going.

whats been agreed so far:

a. Exchange rate to be decided by market forces.
b. state will limit borrowing from state bank.
c. Privatisation of state owned units.
d. end all subsidies, including oil, gas and sugar.
e. impose more taxes to the tune of 1.2% of gdp.

whats not agreed to and talks are continuing over the weekend....

a. 2% increase in interest rate.
b. further 20% devaluation.

Alhamdolillah.....a truck load of lube has now got over.......still no end in sight, and the gora, still wants more?

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Re: Pakistani Economic Stress Watch

Postby Atmavik » 11 May 2019 11:33

what abt these questions
1. reveal the terms of Chinese loans part of cpec
2. defence budget cuts
3. publish a green paper on sialkot statistics and Djinn technology?

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Re: Pakistani Economic Stress Watch

Postby menon s » 11 May 2019 11:46

Atmavik wrote:what abt these questions
1. reveal the terms of Chinese loans part of cpec
2. defence budget cuts
3. publish a green paper on sialkot statistics and Djinn technology?



WRT CPEC....the best answer and the honest answer a paki can give is " no idea, pls talk to china"

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Re: Pakistani Economic Stress Watch

Postby Vivasvat » 11 May 2019 23:13

Deleted: Shifted video to terrorists thread.

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Pakistani Economic Stress Watch

Postby Peregrine » 12 May 2019 14:51

Per capita income shrinks 8.2% in PTI’s first year - Shahbaz Rana

ISLAMABAD: The per capita income has shrunk by 8.2% to three year’s lowest level of $1,516 during the first year of the government of Prime Minister Imran Khan, which has also failed to address two structural problems of Pakistan’s economy – low investment and saving rates.

In terms of size of the national economy, the investment ratio stood at 15.4% in the current fiscal year, which was even lower than last fiscal year’s level and also the lowest level in three years. The Pakistan Tehreek-e-Insaf (PTI) government missed the investment-to-Gross Domestic Product annual target of 17.2%.

Both the public and private investment went down in the first year of the PTI government, suggesting that private investors were not showing their trust in the government.

The savings-to-GDP ratio target was also missed that remained at 11.1% of GDP. But the silver lining was that the savings were slightly better than the previous fiscal year due to relatively low current account deficit projected for the current fiscal year. The gap between total investments and savings is financed through foreign savings. The results are based on the working of the National Accounts Committee (NAC) that approved the provisional economic growth rate of 3.3% for the fiscal year 2018-19, ending on June 30. The PTI government has now missed the annual targets of economic growth, national savings, and investment.

Failure to achieve these crucial targets has limited the government’s ability to spend on deteriorating infrastructure and social sectors from its own resources. This has inevitably increased the government’s reliance on external and domestic sources to meet its requirements, resulting in mushroom growth in public debt in the past five years. The provisional estimates suggest that the per capita income shrank by 8.2% to $1,516. It was lower by $136 when compared with the revised per capita income estimates of $1,652 for the last fiscal year.

The per capita income is worked out by dividing the total national income with the number of people. Last time, in the fiscal year 2015-16, the per capita income had been recorded at $1,529.

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The total size of the national economy] is now estimated at $291 billion for this fiscal year – down from $315 billion a year ago. The size of the national economy in US dollar terms has also shrunk by nearly 8%. In rupee terms, the per capita income stood at Rs200,693 – up by 14%. The investment-to-GDP ratio stood at just 15.4% against a target of 17.2%, said the sources. The ratio was worse than last year’s revised rate of 16.7%, they added. The government’s inability to increase investment as a percentage of the total size of the national economy remains its biggest failure on the economic front, suggesting that the PTI government has not yet begun its journey towards addressing structural imbalances. Balderdash and Piffle-Paffle. As per Pakistan's External Debt and Liabilities - Outstanding
it is only US$ 277.206 Billion

The private investment that had been recorded at 10.3% of GDP in the last year has also slipped to 9.8%, according to the Pakistan Bureau of Statistics (PBS) working. The government had a target to increase private investment to 10.8%. The public investment also shrank to 4% of GDP – down from 4.8%, due to steep cut in development spending by the federal and provincial governments. Fixed investment remained at only 13.8% of GDP in the fiscal year 2018-19 against the target of 15.6%. It was down by 2% from last year’s level.

Savings increased to 11.1% of GDP – far below the target of 13.1%. In the last fiscal year, savings were recorded at 10.4% of GDP.

Due to low savings and investment ratios, Pakistan’s current account deficit is now projected to widen to 4.3% of GDP – better than last year’s level of 6.3%. These figures of investment and savings would be officially published in the Economic Survey of Pakistan 2018-19, likely to be unveiled on June 10.

Pakistan has one of the lowest investment and saving rates in the region and the world, obstructing progress towards a sustainable inclusive economic growth path.

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Pakistani Economic Stress Watch

Postby Peregrine » 12 May 2019 15:01

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Re: Pakistani Economic Stress Watch

Postby jash_p » 12 May 2019 22:17

AOA !! Pakistan have beaten IMF and kufars

Pakistan reaches agreement with IMF, to receive $6 billion over 3 years
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Re: Pakistani Economic Stress Watch

Postby dhyana » 12 May 2019 22:20

Pakistan & IMF Seal the Deal

"AOA wrote:–$6 billion bailout package will be given over a period of 3 years

ISLAMABAD: Pakistan and International Monetary Fund (IMF) on Sunday finalised the bailout package after months-long talks pertaining to the size of the bailout package as well as conditions attached to it.

Pakistan and International Monetary Fund (IMF) on Sunday finalised the bailout package after months-long talks pertaining to the size of the bailout package as well as conditions attached to it.

Prime Minister’s Advisor on Finance Hafeez Sheikh, Pakistan and IMF have reached an agreement for a $6 billion bailout package which will be given over the period of three years.

Earlier, reports suggested that Prime Minister Imran Khan was apparently not happy with the conditions put forth by the Fund for the bailout package, as the proposed package might cost him his political base due to harsh IMF terms.

Under the proposed bailout agreement, Pakistan would have no choice but to concede to the IMF’s demands to hike power tariffs and taxes and withdraw tax concessions and exemptions which are among the conditions that the country has accepted to secure the loan.

During their discussions on Wednesday, the two sides worked out a financing gap of around $11 billion for the next fiscal year, 2019-20. Under the understanding, the government will start withdrawing exemptions offered in various taxes amounting to around Rs350bn in the budget for 2019-20.

The two sides also agreed that Pakistan would increase the costs of electricity and gas for the consumers in the next budget. However, reforms in the tax and energy sectors have been outlined in the list of top priorities. According to sources, the government will have to reduce subsidies and take Rs340bn from consumers in the energy sector only.

It has been agreed that the power sector regulator, the National Electric Power Regulatory Authority (NEPRA), would be made autonomous and the government interference to take popular decisions would be minimised.

Moreover, the State Bank of Pakistan (SBP) would be able to regulate exchange rates independently, and the rate of the US dollar would be set without any pressure from the government. This implies that the government is expected to allow a significant rupee depreciation and a key interest rate hike in 2019.

An official of the Finance Ministry confirmed that the financing gap for the next fiscal year had been projected at $10-$11bn. He added that the demand of the IMF for an increase in the policy rate by 100-200 basis points was also agreed upon. The policy rate is the interest rate announced by the SBP and is seen as a monetary policy instrument to regulate the availability, cost and use of money and credit.

Various measures aimed to build up foreign exchange reserves too have been agreed upon.

The official added that the IMF team pitched the GDP growth and current account deficit (CAD) on the lower side during the negotiations, however, a middle path was agreed upon.

The IMF was earlier stressing that CAD should be in the range of $4-$6bn, said the official. However, it was agreed that the deficit would be $8bn for the next fiscal year under the IMF programme.

The IMF team asked the government to take additional tax measures in the upcoming budget to make massive fiscal adjustments for moving towards surplus primary balance. The budget-making process would start only after the staff-level agreement is finalised.

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Re: Pakistani Economic Stress Watch

Postby Supratik » 12 May 2019 23:03

Is this enough for a country of 220 million. Me thinks not.

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Re: Pakistani Economic Stress Watch

Postby Bart S » 12 May 2019 23:10

Supratik wrote:Is this enough for a country of 220 million. Me thinks not.


They are not after the 6 billion but rather the IMF letter of comfort that lets them take low interest loans from elsewhere like the WB or ADB.

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Re: Pakistani Economic Stress Watch

Postby jash_p » 12 May 2019 23:55

Is this enough for a country of 220 million. Me thinks not.


This is not enough but letter from IMF will allow Pakis to get about 22 billion $ from ADB, WB, IDM etc. also can float bonds on ;ow intrest rate, improvr credit ratings, attract foreign investment.

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Re: Pakistani Economic Stress Watch

Postby Prem » 13 May 2019 00:51

Paki Qabila have more than 240 Million population and increasing 3 plus % annually. BY 203 , They will cross 320 Million with nominal GDP of 2010 Level.

Supratik
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Re: Pakistani Economic Stress Watch

Postby Supratik » 13 May 2019 01:34

I don't think anyone is giving them 22 billion. Maybe a couple of billion here and there.

RKumar
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Re: Pakistani Economic Stress Watch

Postby RKumar » 13 May 2019 01:38

I am hopeful, GoI will claim on major part of 6 billion $ by keeping the PA on their toes. So that the price for NaPaki IT (International Terrorism) export is equal equal (to India) :rotfl:

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Re: Pakistani Economic Stress Watch

Postby jash_p » 13 May 2019 03:07

I don't think anyone is giving them 22 billion. Maybe a couple of billion here and there.



$22 Billion are paki wish!

khan
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Re: Pakistani Economic Stress Watch

Postby khan » 13 May 2019 03:49

dhyana wrote:Pakistan & IMF Seal the Deal

"AOA wrote:–$6 billion bailout package will be given over a period of 3 years


Is this confirmed? It could just be wishful thinking.

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Re: Pakistani Economic Stress Watch

Postby neeraj » 13 May 2019 05:30


vimal
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Re: Pakistani Economic Stress Watch

Postby vimal » 13 May 2019 05:51

All it needs is another Balakot with some ground actions to burn through those handouts.

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Re: Pakistani Economic Stress Watch

Postby kit » 13 May 2019 06:35

Peregrine wrote:
Peregrine wrote:Capitulating to IMF will cause massive unemployment, warns economist

The International Monetary Fund (IMF) has one-point agenda in Pakistan, namely the privatisation of all the assets of the country which will cause large-scale unemployment.

Economist and former adviser to the Sindh and Balochistan chief ministers Dr Kaiser Bengali stated this while speaking on Thursday evening at a consultation meeting, titled ‘The current economic scenario and its effects on the common man’, at the Arts Council of Pakistan.
Bart S wrote:After wasting far too much time watching Paki TV shows and especially the ones having Paki economists (a better form of entertainment than any Indian comedy show), I have come to the conclusion that they are not really giving genuine economic gyan (probably don't have any real insight either). Rather, they seem to be just putting across whatever political viewpoint suits them depending on which musical chair (metaphorically speaking) they happen to be sitting on. For e.g a guy who has been excluded from some committee will invariably heap abuse on the govt, those aligned with different political parties will put across what is convenient for their masters, and the ones who are not capable of being employed internationally and hence have to settle for a teaching job in Pakistan will lash out at anybody with a real career out of jealousy and spite.
Bart S Ji :

That is a Fact NO ONE CAN DENY!

BTW : I hope you calculate the Aam Abdul Population and confirm that the Terroristanis tell LIES without Moving their Lips!

Cheers Image


Guys ., you are missing the core point. It actually benefits the Pakistani "army". An educated well fed population may not exactly what the army wants (their kids go abroad anyway).so "army" leeches off the populace that is more concerned about their day to day life than taking a good look at what their "army" actually does.

So to make it simple "development " doesn't suit the army unless it actually benefits them directly. It might be a threat even.

The Pakistani deep state is the army and its extensions .

The best way to counter them is their own population in revolt.

India or for that matter any other country can help them by NOT helping them economically.


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