Pakistani Economic Stress Watch

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Peregrine
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Re: Pakistani Economic Stress Watch

Postby Peregrine » 02 Jan 2020 05:21

Guddu wrote:Peregrine ji: You have been monitoring paki economic stress for long. How long before they go under..is the stress worsening or are they coming out of it ?. I think the answer to that might have implications for taking back POK.
Guddu Ji :

For Gods Sake stay away for POK!

I believe Terroristan has changed the demography of POK by "North Terroristani Punjab Potoharis" flood into POK.

IMHO : We would be better off having POK with Terroistan and this will clear India's chances with Integrating Jammu, Kashmir and Ladhakh with India by India's Tit for Tit and Tat for Tat in Integrating Indian Jammu & Kashmir along with Ladhakh!.

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Re: Pakistani Economic Stress Watch

Postby Prem » 02 Jan 2020 07:03

India needs and want POL (GB) area only. Muzaffarabad is Pokjabi inbred infestd area.

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Re: Pakistani Economic Stress Watch

Postby Aditya_V » 02 Jan 2020 11:15

Gligit and Baltistan, Poonch Bulge, Shakar Garh Bulge with locals fleeing evil Yindoo Baniyas will go for a more just settlement.

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Re: Pakistani Economic Stress Watch

Postby LakshmanPST » 02 Jan 2020 11:33

We need POL area only, which is strategic in the larger interest of India...
Pakistan Occupied Jammu (called AJK in Pak) is Jihadi infested and demographics have changed completely...
We should 'exchange' POJ with equal land in Sindh or Punjab (like Katarpur or Amarkot) and resettle Hindu refugees from Pak in that area...
Or we may 'exchange' it for Chitral district in KPK, which is closer to Ladakhi culture...

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Re: Pakistani Economic Stress Watch

Postby Aditya_V » 02 Jan 2020 11:39

No way, Poonch Bulge does not have much population and very usefule for us, SImilarly Chamb and other areas, even Shahkar Garh Bulge outiside J&K, Neelam Valley and Gilgit and Baltistan.

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Re: Pakistani Economic Stress Watch

Postby abhik » 02 Jan 2020 11:43

Apart from the obligatory statement "Aal of PoK belongs to India onlee", we should also state that we do not recognize land ownership or citizenship of post 1947 migrants (pakjabies) in PoK.

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Re: Pakistani Economic Stress Watch

Postby mody » 02 Jan 2020 17:06

Just getting back Haji Pir Pass and Baltistan, plus Astor and Hunza should be good enough for us. The Saichen would be solved and we would be able to monitor and interdict the KKH easily and also keep away from all the Jihadi yahoos.

1965 was surely a blunder on our part. Haji pir was already captured and we could have exchanged the territory captured in Paki Punjab for GB. Sigh!

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Pakistani Economic Stress Watch

Postby Peregrine » 02 Jan 2020 17:09

LakshmanPST wrote:We need POL area only, which is strategic in the larger interest of India...
Pakistan Occupied Jammu (called AJK in Pak) is Jihadi infested and demographics have changed completely...
We should 'exchange' POJ with equal land in Sindh or Punjab (like Katarpur or Amarkot) and resettle Hindu refugees from Pak in that area...
Or we may 'exchange' it for Chitral district in KPK, which is closer to Ladakhi culture...
LakshmanPST Ji :

Thank you for agreeing with my views i.e. AJK is Jihadi infested and demographics have changed completely.

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Re: Pakistani Economic Stress Watch

Postby sanjaykumar » 02 Jan 2020 21:01

Yes demography can be changed.

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Pakistani Economic Stress Watch

Postby Peregrine » 03 Jan 2020 00:55

Terroristan Increases its Forex Reserves by taking more and more DEBT-LOANS

Foreign exchange: SBP reserves jump $582m to $11.5b - Our Correspondent

KARACHI: The foreign exchange reserves held by the central bank increased 5.3% on a weekly basis, according to data released by the State Bank of Pakistan (SBP) on Thursday.

Earlier, the reserves had spiralled downwards, falling below the $7-billion mark, which raised concern over Pakistan’s ability to meet its financing requirements. However, financial assistance from the United Arab Emirates (UAE), Saudi Arabia and other friendly nations helped shore up the foreign exchange reserves.

On December 27, the foreign currency reserves held by the SBP were recorded at $11,489.4 million, up $582 million compared with $10,907.3 million in the previous week.

“This increase is attributed to bilateral and multilateral inflows including $452.4 million received from the IMF under the Extended Fund Facility (EFF),” the statement added.

Overall, liquid foreign currency reserves held by the country, including net reserves held by banks other than the SBP, stood at $18,081.4 million. Net reserves held by banks amounted to $6,592 million.

Pakistan received the first loan tranche of $991.4 million from the IMF on July 9, which helped bolster the reserves. Previously, the reserves had jumped on account of $2.5 billion in inflows from China.

Over time, the declining reserves have forced the central bank to let the rupee depreciate massively, sparking concern about the country’s ability to finance a hefty import bill as well as meet debt obligations in coming months.

A few weeks ago, the SBP successfully made a foreign debt repayment of over $1 billion on the maturity of Sukuk.

In December 2019, the foreign exchange reserves surpassed the $10-billion mark owing to inflows from multilateral lenders including the $1.3 billion received from the Asian Development Bank (ADB).

Foreign investment of over $1 billion in the debt market also played an important role in the growing foreign currency reserves.

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Pakistani Economic Stress Watch

Postby Peregrine » 03 Jan 2020 01:26

S&P BSE SENSEX

Index Current : 41,626.64 - Pt. Change : +320.62 - % Change :+0.78

Market Capitalization of BSE Listed Co. (Rs.Cr.) : 1,57,26,872.42 - $ 1 / I N R = 71.5350

Market Capitalization of BSE Listed Co. (U S $.) : 2.198.49 Billion

P S E

Current Index : 42,480.76 – Change : 1080.76 - % Change : 2.54% - High : 42,543.73 – Low :41,400.00

Market Capitalization of PSE Listed Co. (Rs.Tr.) : 8043.701,823,285 - $ 1 / T R = 155.0229

Market Capitalization of PSE Listed Co. (U S $.) : 51.89 Billion

B S E : P S E : : 42.37 : 1


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Pakistani Economic Stress Watch

Postby Peregrine » 03 Jan 2020 01:30

sanjaykumar wrote:Yes demography can be changed.
sanjaykumar :

Could might be in 72 Years!

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Pakistani Economic Stress Watch

Postby Peregrine » 03 Jan 2020 01:45


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Postby Peregrine » 04 Jan 2020 18:17

X Posted on the Terroristan Thread

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Pakistani Economic Stress Watch

Postby Peregrine » 04 Jan 2020 23:28

As the Puppeteer said “Aur Bajaygi, Aur Bajaygi, Aur Bajaygi!"

Prices of consumer goods soared unusually high in 2019 - Aamir Shafaat Khan

KARACHI: 2019 proved a tough year for the consumers in terms of rising living costs fuelled by record-high food inflation.

With no effective price checking mechanism at provincial and city government levels despite several meetings by Prime Minister Imran Khan on the price stability issue, the market stakeholders this year had set a highest benchmark for various commodities such as wheat flour, vegetables, chicken, pulses, red meat, CNG etc.

Many consumers remembered purchasing tomato at a maximum rate of Rs400 per kg amid demand and supply gap in local crop and imports from Iran.

They also braved to pay up to Rs500 for live chicken meat, followed by green mash price of Rs320 per kg which was Rs180 per kg in January 2019. Capsicum price soared to Rs320 per kg few months back followed by over Rs100 in onion.

A price comparison from January last year to now revealed an increase in price of moong to Rs240-260, from Rs130-150 per kg; mash to 200-240, from Rs140-180; gram pulse to Rs160, from Rs120 per kg. Sugar now costs Rs75 from Rs65 per kg.

Consumers had witnessed a jump of Rs100 per kg in various tea prices in the last one year while loose milk climbed to Rs110-120 per litre, from Rs94, followed by yogurt to Rs160, from Rs140 per kg.

The most alarming jump was seen in varieties of flour which went up by Rs15-18 per kg from April 2019 onwards. Both federal and provincial governments gave a free hand to millers to jack up prices. A month back, the government woke up to bring down flour prices.

The federal government had started releasing wheat stocks to provincial administrations, including Sindh. Wheat bag price in the open market rose to over Rs4,800 per 100kg, from Rs3,000 in April 2019.

Flour price impact on roti

Karachi Wholesale Grocers Association (KWGA) Chairman Malik Zulfiqar Ali said that Commissioner of Karachi Iftikhar Ali Shallwani in a meeting had decided to set the ex-mill of flour at Rs43 per kg.

As a result, in the city’s retail markets, flour will be sold at Rs45 per kg. The 10kg bag’s wholesale and retail rates are fixed at Rs430 and Rs450 per bag, respectively.

Malik said the business delegation comprising of KWGA, Flour Mills Association, Retailers Association and others participated in the meeting chaired by the commissioner.

Due to rising flour price and gas tariff, consumers are now paying Rs12 for a roti as compared to Rs10 while sheermal and taftan rates are up by Rs5 each.

A rice wholesaler said the commodity’s prices had surged by Rs10-20 per kg but retailers are making windfalls by charging 30-40 per kg extra at their end.

Ghee and cooking oil prices went up by Rs20-30 per kg/litre over the last one year.

Meanwhile, veal meat with and without bones reached Rs540 and Rs640, from Rs500 and Rs600 per kg, followed by a hike in mutton price to Rs1,100-1,200, from Rs950-980 per kg.

Gas tariff for commercial rose by 31 per cent to Rs1,283mmbtu in the last one year while for residential customers (for up to 100 cubic metres a month) it is now Rs300mmbtu from Rs 127; tariff for up to 200 cubic metres increased to Rs553mmbtu, from 264mmbtu; up to 300 now stands at Rs 738mmbtu versus Rs275; and up to 400 swelled to 1,107mmbtu as against Rs780mmbtu.

Topline Securities Research Director and Chief Economist Syed Atif Zafar said the 50kg urea bag now costs Rs2,010, up by 10.4pc.

He said 50kg cement bag price fell by 6.8pc to Rs564 owing to competition among the players after start of new production lines at various cement factories.

“Consumer Price Index in Jan 1, 2019 was 5.5pc as compared to the current 12.63pc,” he said, adding: “The prices remained on the higher side mainly because of currency devaluation, which we call imported inflation.”

He said supply shocks because of discontinuation of trade with India also resulted in higher food prices while the increase in duties and taxes also contributed.

Zafar was of the view that power tariff for household and commercial rose by 17-18pc in the last one year.

In petroleum products, petrol and diesel rates rose to Rs116.60 and Rs127.26 per litre, from Rs90.97 and Rs106.68 per litre last January. Similarly, liquified petroleum gas is now available at Rs151.82 per kg versus Rs115 per kg from a year back.

LPG Distributors Association Senior Vice Chairman Ali Haider said surprisingly, local gas prices are linked with Saudi Aramco while legal imports and illegal arrival are being made from Iran. He attributed the hike to rise in international rates and rupee devaluation against the dollar.

CNG price now stands at Rs123 per kg as against Rs104 per kg in January 2019 owing to increase in gas tariff in July of the outgoing year.

Hike in petroleum prices also caused sharp rise in public transportation charges by Rs5-10 depending on the distance.

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Pakistani Economic Stress Watch

Postby Peregrine » 04 Jan 2020 23:46

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Postby Peregrine » 07 Jan 2020 14:40

SBP fears country will miss 4% growth target - Salman Siddiqui
KARACHI: The State Bank of Pakistan (SBP) has voiced fear that the country will miss the economic growth target of 4% as two major sectors – agriculture and industries – have failed to perform well in the ongoing fiscal year.
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Pakistani Economic Stress Watch

Postby Peregrine » 07 Jan 2020 19:25

S&P BSE SENSEX

Index Current : 40,869.47 - Pt. Change : +192.84 - % Change : +0.47

Market Capitalization of BSE Listed Co. (Rs.Cr.) : 1,54,85,362.00 - $ 1 / I N R = 71.9750

Market Capitalization of BSE Listed Co. (U S $.) : 2,151.49 Billion


P S E

Current Index : 41,904.47 – Change : 608.23 - % Change : 1.45% - High : 41,967.94 – Low : 41,296.24

Market Capitalization of PSE Listed Co. (Rs.Tr.) : 7,908,517,090,457 - $ 1 / T R = 155.1938

Market Capitalization of PSE Listed Co. (U S $.) : 50.96 Biillion

B S E : P S E : : 42.22 : 1


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Pakistani Economic Stress Watch

Postby Peregrine » 08 Jan 2020 17:37

In Pakistan, growth of major sectors in LSM tumbles - Usman Hanif
KARACHI: Owing to rising financial and operational costs, the growth in major sectors in the large-scale manufacturing (LSM) segment including automobile, steel, chemical and cement remained on a downward trajectory in first quarter (Jul-Sept) of the current fiscal year.
“The impact of macroeconomic stabilisation policies and the second-round impact of exchange rate depreciation contributed to both supply-side pressures (expensive inputs) and lower demand (marginal growth in real incomes) for domestic industries,” stated the State Bank of Pakistan in its report “The State of Pakistan’s Economy – First Quarterly Report for the year 2019-2020”.
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Pakistani Economic Stress Watch

Postby Peregrine » 08 Jan 2020 17:58

Pakistan's Debt and Liabilities Profile Provisional (In Billion Rupees)

Pakistan's Total Debt and Liabilities (I +II) : 41,489.5 Billion

GDP (current market price) : 43,585.0 Billion

I O W : Pakistan Total Debt and Liabilities : 95.19% of First Quarter GDP!

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Pakistani Economic Stress Watch

Postby Peregrine » 08 Jan 2020 18:43

BSE SENSEX

Index Current : 40,817.74 - Pt. Change : -51.73 - % Change : -0.13

Market Capitalization of BSE Listed Co. (Rs.Cr.) : 1,54,80,600.76 - $ 1 / I N R = 71.8500

Market Capitalization of BSE Listed Co. (U S $.) : 2,154.57 Billion

P S E

Current Index : 41,357.56 – Change : -546.91 - % Change : -1.32% - High : 41,939.47 – Low : 41,173.9

Market Capitalization of BSE Listed Co. (Rs.Tr.) : - 7,820.968,535,035 - $ 1 / T R = 155.1938

Market Capitalization of BSE Listed Co. (U S $.) : 50.40 Billion

B S E : P S E : : 42.75 : 1


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Re: Pakistani Economic Stress Watch

Postby Bart S » 09 Jan 2020 02:08

Peregrine wrote:
Prices of consumer goods soared unusually high in 2019 - Aamir Shafaat Khan

KARACHI: 2019 proved a tough year for the consumers in terms of rising living costs fuelled by record-high food inflation.


Meanwhile, veal meat with and without bones reached Rs540 and Rs640, from Rs500 and Rs600 per kg, followed by a hike in mutton price to Rs1,100-1,200, from Rs950-980 per kg.



In petroleum products, petrol and diesel rates rose to Rs116.60 and Rs127.26 per litre, from Rs90.97 and Rs106.68 per litre last January. Similarly, liquified petroleum gas is now available at Rs151.82 per kg versus Rs115 per kg from a year back.



Given that 2 PKR = 1 INR roughly, those prices are still much cheaper than in India.

Either the Pakis are an entitled lot, or the real incomes of much of the population would be considered BPL in India. Probably both.

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Re: Pakistani Economic Stress Watch

Postby ArjunPandit » 09 Jan 2020 20:32

quite surprising to see these figures when tomotao sells at 300/kg, and milk at 150/ltr (not that there is any correlation, but they are not middle east either). Also, note taht 1 USD=150 GBP, v/s 1 USD=70 INR

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Pakistani Economic Stress Watch

Postby Peregrine » 10 Jan 2020 04:25

ArjunPandit wrote:quite surprising to see these figures when tomotao sells at 300/kg, and milk at 150/ltr (not that there is any correlation, but they are not middle east either). Also, note taht 1 USD=150 GBP, v/s 1 USD=70 INR
ArjunPandit Ji :
Methinks you mean US$ 1 - Terroristani Rupees 150 - currently it is about US$ 1 = T R 155.00

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Pakistani Economic Stress Watch

Postby Peregrine » 10 Jan 2020 04:40

Under TAPI project: Pakistan to seek reduction in cost of gas import - Shahbaz Rana
ISLAMABAD: Pakistan on Wednesday constituted a price negotiating committee to seek a steep reduction in the price of gas to be imported under the Turkmenistan-Afghanistan-Pakistan-India (Tapi) pipeline project after experts termed the earlier agreed price economically unviable.

IMHO : India should take this opportunity to GET OUT of the TAPI Project by citing that the policy of Pakistan in its relations with India is inimical to India's real interest!

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Re: Pakistani Economic Stress Watch

Postby CalvinH » 10 Jan 2020 08:57

Bart S wrote:
Given that 2 PKR = 1 INR roughly, those prices are still much cheaper than in India.

Either the Pakis are an entitled lot, or the real incomes of much of the population would be considered BPL in India. Probably both.


grocery and vegetables are actually much cheaper in India...check bigbasket site online to see prices in India.

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Re: Pakistani Economic Stress Watch

Postby habal » 10 Jan 2020 09:09

tomato is 300/kg in pakistan which is normal when imported and converted to local currency.

Onion in India is imported from Egypt at ₹90/kg and from Turkey at ₹120/kg. Both are sold here at ₹130/kg and turkish onions were preferred by traders because they were a size smaller and more pungent than Egyptian onions.

Similarly pakistani tomatos are imported from Iran at dollar rates and that reflects the price they have to pay for landed cost converted to local currency plus margins.

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Re: Pakistani Economic Stress Watch

Postby Bart S » 10 Jan 2020 11:23

CalvinH wrote:
Bart S wrote:
Given that 2 PKR = 1 INR roughly, those prices are still much cheaper than in India.

Either the Pakis are an entitled lot, or the real incomes of much of the population would be considered BPL in India. Probably both.


grocery and vegetables are actually much cheaper in India...check bigbasket site online to see prices in India.


The items in the specific portions of the article that I had quoted in my post, i.e beef, mutton, petrol are all more expensive in India, even after the apparently rapid inflation in Pakistan.

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Re: Pakistani Economic Stress Watch

Postby Paul » 10 Jan 2020 11:41

Mutton is 550/kg in BGL per my co worker

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Re: Pakistani Economic Stress Watch

Postby g.sarkar » 10 Jan 2020 13:19

https://www.dawn.com/news/1527356/pakis ... o-diq-case
Pakistan moves US court to stop over $6bn fine in Reko Diq case
Anwar Iqbal, January 10, 2020.

WASHINGTON: Pakistan has asked a US federal court to pause an Australian copper company’s bid to enforce a $6 billion arbitral award while it looks to have the award nixed, reports Law360, a New York-based legal publication.
The company — Tethyan Copper Co. Pty Ltd — won the award last summer following a dispute over the rejected Reko Diq mining project in Balochistan. Pakistan argued in a federal court in Washington that the enforcement could have “devastating consequences for its political and economic stability”, said the author, Caroline Simson.
In a brief submitted in the court on Friday, Pakistan argued that Tethyan “shouldn’t be allowed to proceed with the litigation while it looks to annul the award based on “numerous substantive and procedural errors”.
The report noted that the award is the second largest ever to be issued by the International Centre for Settlement of Investment Disputes (ICSID) and equals 2 per cent of Pakistan’s annual gross domestic product and 40 per cent of its total liquid foreign reserves.
ICSID is an international arbitration institution established in 1966 for legal dispute resolution and conciliation between international investors and is part of and funded by the World Bank Group, headquartered in Washington. Pakistan said in the brief that its economy was already facing “significant challenges and weaknesses” and that enforcing the award would effectively negate a $6 billion loan it received from the International Monetary Fund last year to stabilise its government and economy.
......
Gautam

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Pakistani Economic Stress Watch

Postby Peregrine » 10 Jan 2020 18:47

World Bank revises Pakistan's growth projections downward
ISLAMABAD: The World Bank on Wednesday slightly lowered country’s growth rate projections for the current fiscal year and next two years owing to continuation of tight monetary policy and fiscal consolidation coupled with external factors.
In its latest report “2020 Global Economic Prospects” released on Wednesday, the bank forecast Pakistan’s current year growth rate at 2.4 per cent — about 0.3pc lower than its estimates of June 2019 — before touching 3pc next fiscal year and 3.9pc in FY2022.
“Pakistan’s growth is expected to rise to 3pc in the next fiscal year after bottoming out at 2.4pc in FY2019-20, which ends June 30”, said the bank adding that macroeconomic adjustment in the country including a continuation of tight monetary policy and fiscal consolidation is expected to continue.
The lower growth rate forecast is generally in line with a similar (0.2pc) decline in global growth rate during the current year and 1.5pc decline in the South Asian region.
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Pakistani Economic Stress Watch

Postby Peregrine » 10 Jan 2020 19:17

S&P BSE SENSEX

Index Current : 41,599.72 - Pt. Change : +147.37 - % Change : +0.36

Market Capitalization of BSE Listed Co. (Rs.Cr.) : 1,57,67,006.48 - $ 1 / I N R = 71.0575

Market Capitalization of BSE Listed Co. (U S $.) : 2,218.91 Billion

P S E

Current Index : 43,207.05 – Change : 683.98 - % Change : 1.58% - High : 43,241.78 – Low :42,523.07

Market Capitalization of PSE Listed Co. (Rs.Tr.) : 8,102.970,444,173 - $ 1 / T R = 155.70

Market Capitalization of PSE Listed Co. (U S $.) : 52.04 Billion


B S E : P S E : : 42.64 : 1

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Re: Pakistani Economic Stress Watch

Postby Peregrine » 10 Jan 2020 19:47

g.sarkar wrote:https://www.dawn.com/news/1527356/pakistan-moves-us-court-to-stop-over-6bn-fine-in-reko-diq-case
Pakistan moves US court to stop over $6bn fine in Reko Diq case
Anwar Iqbal, January 10, 2020.

.
'
......
Gautam
Gautam Ji :

Pakistani Correspondent Javed Chaudry had a You Tube Presentation with Lee Kwan Yew - the first Prime Minister of Singapore - about the difference in attitudes of his Hindu and Muslim Clients.

The Muslim Client would say please fight our case. If we Lose I will try again and again to fight this case. In case I keep on loosing and die then my son will fight the case and this will go on for generation until we finally win.

The Hindu Client would ask Lee Kwan Yew to arrange a meeting with the Opponents across the table wherein the two can work out an amicable solution and settle the dispute.

The Terroristani Twits have to date never won an International Arbitration Case be it with India or Turkey or anybody else - be it Reko Diq or even BCCI or the Turks with the Floating Electric Power Case.

I don't think Terroristan has a Chance of a Snow Flake to Survive in Hell in this case.

Request : If any B-RFite has this "YouTube Presentation" then kindly post it on this Thread.

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Pakistani Economic Stress Watch

Postby Peregrine » 10 Jan 2020 20:47

World Bank revises Pakistan's growth projections downward
ISLAMABAD: The World Bank on Wednesday slightly lowered country’s growth rate projections for the current fiscal year and next two years owing to continuation of tight monetary policy and fiscal consolidation coupled with external factors.
In its latest report “2020 Global Economic Prospects” released on Wednesday, the bank forecast Pakistan’s current year growth rate at 2.4 per cent — about 0.3pc lower than its estimates of June 2019 — before touching 3pc next fiscal year and 3.9pc in FY2022.
“Pakistan’s growth is expected to rise to 3pc in the next fiscal year after bottoming out at 2.4pc in FY2019-20, which ends June 30”, said the bank adding that macroeconomic adjustment in the country including a continuation of tight monetary policy and fiscal consolidation is expected to continue.
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Re: Pakistani Economic Stress Watch

Postby Bart S » 10 Jan 2020 22:55

^So their population is offically growing faster than their economy now?

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Re: Pakistani Economic Stress Watch

Postby Vips » 10 Jan 2020 23:03

Bart S wrote:^So their population is offically growing faster than their economy now?


Yes and continue to either be above or equal to the GDP growth rate for the next 2 years. :twisted:

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Re: Pakistani Economic Stress Watch

Postby Vips » 10 Jan 2020 23:16

Peregrine wrote:
g.sarkar wrote:https://www.dawn.com/news/1527356/pakistan-moves-us-court-to-stop-over-6bn-fine-in-reko-diq-case
Pakistan moves US court to stop over $6bn fine in Reko Diq case
Anwar Iqbal, January 10, 2020.

.
'
......
Gautam
Gautam Ji :

Pakistani Correspondent Javed Chaudry had a You Tube Presentation with Lee Kwan Yew - the first Prime Minister of Singapore - about the difference in attitudes of his Hindu and Muslim Clients.

The Muslim Client would say please fight our case. If we Lose I will try again and again to fight this case. In case I keep on loosing and die then my son will fight the case and this will go on for generation until we finally win.

The Hindu Client would ask Lee Kwan Yew to arrange a meeting with the Opponents across the table wherein the two can work out an amicable solution and settle the dispute.

The Terroristani Twits have to date never won an International Arbitration Case be it with India or Turkey or anybody else - be it Reko Diq or even BCCI or the Turks with the Floating Electric Power Case.

I don't think Terroristan has a Chance of a Snow Flake to Survive in Hell in this case.

Request : If any B-RFite has this "YouTube Presentation" then kindly post it on this Thread.

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Porkis are thinking they can fool all the people all the time and do not realize that there is no escaping paying atleast a substantial chunk of the award. The more pakiness they show the more will be the interest paid on the award.

Peregrine
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Re: Pakistani Economic Stress Watch

Postby Peregrine » 11 Jan 2020 19:37

Vips Ji : Your Post 10 Jan 2020 23:16
Vips wrote:Porkis are thinking they can fool all the people all the time and do not realize that there is no escaping paying atleast a substantial chunk of the award. The more pakiness they show the more will be the interest paid on the award.
The only words I have - on this subject are :

You can't remove the kink in a Dog's Tail!

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Rishirishi
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Re: Pakistani Economic Stress Watch

Postby Rishirishi » 13 Jan 2020 03:18

The Muslim Client would say please fight our case. If we Lose I will try again and again to fight this case. In case I keep on loosing and die then my son will fight the case and this will go on for generation until we finally win.


Compromise is deeply discoraged in Islam. There is no "live and let live". Defeting enemies is the ideal and honorable approach.

Perhaps the below link can give some insight.

resisting the urge to compromise
http://www.missionislam.com/knowledge/Compromise.htm

Peregrine
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Pakistani Economic Stress Watch

Postby Peregrine » 13 Jan 2020 04:43

Use of illegal remittance channels on the rise in Pakistan: Reza Baqir
KARACHI: The State Bank governor on Friday said overseas Pakistanis were increasingly using informal channels to send remittances to the country.
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