Devaluation of pakistani currency

Imtiaz sb is right. Also there is no benefit in sugar coating economy condition. I am an pt i follower but the truth is there is no chance of increase in exports.

Gvt is ruining exports , same old tactics. I am exporting from last five years to more than fifteen countries...

And now I wanna change my profession

...

Yes, whole economy is collapsing but on the other hand his plots are appreciating with no decline whatsoever. I find that very laughable. Can't trust anything a man like this says.

You nailed it JDM sb…

Assumptions, at best, is what a hollow mind can ever produce…

“I freed a thousand slaves I could have freed a thousand more if only they knew they were slaves”…

‘Self-Benefiting-Charity’

when the options of drivers are Nawaz , Zardari bilawal and Maryam, the heart will 1000 times says IK without even thinking twice.
We never promoted leaders unfortunately, doesn’t means we are lacking good leaders but our mentality is of slaves types to only vote the siblings of two corrupt families only, IK might be a blessing somehow on this country but we are still crying for olds.
The IMF negotiations were never entered to the 14th rounds like this time as earlier no one gives a damn, they were not interested as they were not the ones to return the loans, their targets were to fill up overseas accounts for their generations.
Someone said very right, if they were having little respect they were not able to come out of their houses for years by doing so bad to this country, I am impressed by the guts of shamelessness they have that still they are criticizing and holding IK blamed of his own promised he made in a good faith and good hope for this country.
AQ sahib , you are right where they were all sleeping for decades….. 

For the Mariam's NIGGER with love:



The country’s trade deficit shrank by 13.1 per cent to nearly $26.17 billion in the first 10 months of this fiscal year, from $30.114bn in corresponding period last year, indicating that government’s corrective measures against trade deficit are bearing fruits.

(1) Political affiliations/bias/loyalties can be part of human nature, nothing unnatural, as long as common sense has been maintained.

(2) No one was sleeping. Its just that the bunch of people here (all inclusive) were not in any Forum Discussion. Last Govt. started facing protests, opposition, public anger even after 01 year of formation and the PM was packed to go home before tenure completion. No cure for assumptions!!

(3) Referring to point (1), unfortunately doesn't change what is actually happening:

** Pakistan Stock Market (KSE100)
https://tradingeconomics.com/pakistan/stock-market
https://www.psx.com.pk/


** KSE-100 index falls another 900 points despite IMF deal
33 Months Low

** USD going beyond 143 mark (minimal in Open Market)
142 in Interbank

** Finance Ministry's Top Official Missing from IMF Talks

https://www.google.com/amp/s/www.thenews.com.pk/amp/470294-finance-ministry-s-top-official-missing-from-imf-talks

Breaking the ex-two party monopoly is the biggest achievement/cause for celebration of our lifetime.

Fool me once, shame on you; fool me twice, shame on me.

The good news is the common people have wisen up and are not swayed or influenced by the ex-criminal-regimes touts continuous anti state and anti ik propaganda anymore. Welldone Pakistan. Every reason to be optimistic as people havnt witnessed such a proactive government in decades. It will take time obviously but for sure the future will be much better then the darkness of past 30 years.

Can the dears, take a request, spend a fraction of their valuable time to enlighten the naive ones on the Formula that transforms Chor/Patwari/Jialas/etc. into 'Icons of Change' that are in the lists provided below?

* Federal Ministers: Total Number, Name and Transformation Formula, pls.?
http://www.cabinet.gov.pk/frmDetails.aspx


* Advisers: Total Number, Name and Transformation Formula?
http://www.cabinet.gov.pk/frmDetails.aspx

Lets discard other Reformist, a.k.a. Pervaiz Elahi (called Daku of Punjab), JKT (called Cronie of Musharraf), Babar Awan (called Chaprasi of Zardari) pre 2018 election.


Fool-Once:Fool-Twice Theory

--'Ex-Jiala then Finance Minister (declared chor) before 2018 is now Running the Finance Ministry & Economy of PAK and Ex-Jiali then Information Minister (declared chor) before 2018 is now official correspondent of PAK, telling the nation how good the Finance Ministry & Economy of PAK is being run'

-- 'Ex-Patwari, Mushraff Cronie then Railway Minister (declared not worth even a Chaprasi) is now the Railway Minister'

Formula that transforms the above 'Monopolists', 'Criminals', 'Anti-States' into Architects and Symbols of Change could be understood by ultra naive, by clarifying the cases above...

Sincere gratitude for spreading the Enlightenment!

There are always two sides of the coin:
--Stock market broke several time during N & Z time in spite of them always beating drums of shining economy but actually their abroad accounts were shining.
--No doubt Haroon family did great service to Pakistan in the past but now their Dawn paper is highly controversial. Always write Pakistan in bad prospective. Remember their recent history of scandals?
-- The official who did not show up in IMF talks, may be those who were handpicked by N & Z to loot and cheat and wanted to delay the talks so that Imran face difficulty in making budget which is just days away?

AQ sb, thanks for your valued input, as always.

Speaking in general:

- If on each instance the benchmark is previous admin, where exactly is any sign of change and what sort of performance can be built on benchmarks that were and are referred to as corrupt to the core.

- The official in question was the one giving a fight on behalf of PAK during the negotiations as explicitly detailed and he was barred from next round. If he was corrupt why at first place was part of that important team and why is he still there? Zardri stuff was Hafiz Shaikh - welcomed now with open arms!!

- Never got an answer to the questions on how then corrupt are now symbols and hope of change. We know in a system it's the corrupt lot that hunts rather then any individual

Food of thought Imtiaz sb!
Let us see how it goes as we are in totally new era of learning and analyzing Pak economy explained every day by print, social and electronic media.
In the past, a common man did not have clue (mine included) about “deficit”, “export/import balance”, “Difference between borrowing from international lenders and in-house borrowing”….so on and so forth…
Awareness of Pak economy , surprisingly, is being talked/understood by a common man now and we will see that shortcoming of the Imran era will not be tolerated even at common Pakistani’s level.

Agreed AQ sb, optimism as the last resort and way forward, if we need to bury the past and progress ahead

Yes, sir: Hope is life.
Pray to Allah in The month of Holy Ramazan , Rab e Zuljalal Bestow wisdom upon our leaders and Pakistan shall proceed to the progress path. The path which is waited for the last 70 years:

کبھی تو صبح ترے کنجِ لب سے ہو آغاز
کبھی تو شب سرِ کاکل سے مشکبار چلے

Inshaa-Allah!

Pak Rupee will keep on losing value compared to USD swiftly. At the moment, it does not make sense to convert your USD based funds (overseas pakistanis) and invest in PKR based real estate. May be its better to keep cash or if someone is really bent upon doing a real estate investment, it shall be in commercial/rent generation property.

Regards,

At one side there is IMF and on the other hand its CPEC The game dead...

Our government has lot to worry about... IK should be taking bolder steps.


** USD hitting 144 in Open Markets
http://www.forex.pk/open_market_rates.asp

** Tax Amnesty in April 2018 (--Opposed--)
PTI set to move court against tax amnesty scheme

https://www.pakistantoday.com.pk/2018/04/06/pti-set-to-move-court-against-tax-amnesty-scheme/

** Tax Amnesty in May 2019 (--Proposed--)
Imran govt approves first tax amnesty scheme

https://www.pakistantoday.com.pk/2019/05/14/federal-cabinet-approves-tax-amnesty-scheme/

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Call the above as U-Turn/Hypocrisy/Incompetency/Indecisiveness, that is what is taking the real hit on the economy, i.e., Inertia when Movement is required.

The real reason Asad Umer was sacked was political cart he was tied to and hesitance to progress with IMF deal. The conditions were all same, Hafeez Shaikh did in 3 weeks what Asad Umer couldn't in whatever 6+ months (call that whatever good or bad). It needed to be done and move on rather the linger on in uncertainty. Uncertainty is the nightmare for any investor and economic progress.