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Clueless PM Shahbaz Sharif contacts Malik Bostaan, President of Forex Association asking why dollar is going up.

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Breaking news. Clueless PM Shahbaz Sharif contacts Malik Bostaan, President Forex Association asking why dollar is going up. Apparently he has no confidence in the abilities of his finance team so he resorted to sought out advice from President of Forex Association. He even asked Malik Bostaan to issue a statement defending Shahbaz Government. Listen to this 36 second clip.
Priceless, clowns running the show.



 
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Dollar moving towards 200, stock market depressed, foreign reserves depleting at Punjab Speed, inflation on the rise, deteriorating security situation, & now this.

All this while, the Czar of good governance is begging army leadership to help him take necessary, tough decisions.
 
Dollar moving towards 200, stock market depressed, foreign reserves depleting at Punjab Speed, inflation on the rise, deteriorating security situation, & now this.

All this while, the Czar of good governance is begging army leadership to help him take necessary, tough decisions.
Army is now seen by the people as the enemy.
Gen bajwa the dollar slave lanati harami
 

The problem is that Rupees for years had been supported by borrowed money.
At the moment, by Loan Deposits from SA, UAE and China and in the past Ishaq Dar borrowed dollar from open market at rate above 8% through 25 limited companies, which provided sovereign guarantees from stat of Pakistan. To top it all, the crook didn't include the borrowing in the official figures.
Pakistan had been technically bankruptted for years now.
Why everyone is surprised that rupees is going down and down!!

When PTI took over, they realised there was nothing in the kitty, so IK ran around and gathered enough loan to keep the boat floating. PTI left the rupees to find its right value in exchange. Something Dar was deliberately keeping high, by interferring in the open markets to support Rupee. In the process he lost billions of dollars which should have been used for reserves.
 
Ah yes...forget the finance ministry officials, economists, the famed PhD from Wharton Miftah, let's consult a forex association chairman who has no experience in macroeconomic policies about the USD exchange rate.

No wonder hamara yeh haal hai.
 
Ah yes...forget the finance ministry officials, economists, the famed PhD from Wharton Miftah, let's consult a forex association chairman who has no experience in macroeconomic policies about the USD exchange rate.

No wonder hamara yeh haal hai.

My dear I disagree. Bostan probably knows far more and better than Miftah. Miftah is a crook. It doesn't matter how much education a crook and criminal gets, he would still be dangerous for the country.
Secondly, without shadow of a doubt Miftah is a dual faced monster.
 
Supporters of these donkeys are very quiet on this forum..wonder why ??
they are hiding like thier leader nawj..
Breaking news. Clueless PM Shahbaz Sharif contacts Malik Bostaan, President Forex Association asking why dollar is going up. Apparently he has no confidence in the abilities of his finance team so he resorted to sought out advice from President of Forex Association. He even asked Malik Bostaan to issue a statement defending Shahbaz Government. Listen to this 36 second clip.
Priceless, clowns running the show.





Cherry Blossom : Why did the dollar go up?

FX dude: bcos you took Pakistan down.
 
Here is an example of how taxpayers money can be reused & how the media can be brought on board to help them. There is no doubt about it: PMLN is undoubtedly the undisputed king media managment.
IMG_20220517_041917.jpg
IMG_20220517_041912.jpg
 
The crime minister (with more speed than sound) now consulting all according to his own IQ, for the destruction which is caused by him and the pack of criminals with him though he is having many 'financial ministers' at his disposal.

We are only waiting for when he will consult his past mates and guards of his jailed time for the same.
 
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