Reserves cross $23 billion: Dar

[Imran Khan]

Reserves cross $23 billion: Dar
July 01, 2016, 6:57 pm
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ISLAMABAD: Finance Minister Ishaq Dar has said that the foreign exchange reserves of the country have crossed $ 23 billion, while the federal board of revenue has achieved the tax collection target of 3104 billion rupees for the fiscal year 2015-16.

Talking to the media persons in Islamabad today, he termed this an historic achievement of the FBR.

He said nineteen billion dollars are with the State Bank of Pakistan and 4.9 billion dollars with the private banks.

The finance minister said the development budgets of the provinces have reached 1900 billion rupees over the last three years.

He said the economy of the country was moving in the right direction and international institutions have appreciated the positive trend of the economy. Dar said he congratulates the Prime Minister and the FBR on this achievement.


http://nation.com.pk/business/01-Jul-2016/reserves-cross-23-billion-dar

 

[shah1398]

Finance Minister Ishaq Dar has said that the foreign exchange reserves of the country have crossed $ 23 billion, while the federal board of revenue has achieved the tax collection target of 3104 billion rupees for the fiscal year 2015-16.

And this total is without the recently approved CSF i guess. Good job with regards to tax collection. I hope they soon start netting big fish too.

 

[Imran Khan]

And this total is without the recently approved CSF i guess. Good job with regards to tax collection. I hope they soon start netting big fish too.

if we reach 50+ it will be great

 

[BetterPakistan]

if we reach 50+ it will be great

how do you want Pak to reach $50?
with bailouts? with sukuk bonds? with euro bonds? with chinese soft loans? with saudi arabia loans? with US CSF? etc

or with FDI? Exports? Remittances?

 

[Laozi]

if we reach 50+ it will be great

What is the reason behind the surge in Reserves ?

Is Pakistani Exports booming or its Imports are declining ?

Are foreign remittances shooting up or is it increasing FDI ?

OR is it a case similar to Indian Railways which was minting huge profits under Laalu Prasad Yadav just by fudging accounts

 

[zeeshan shaani]

It seems things are in right direction. And if so we will surpass Bangladesh very soon. Fbr is also worth admiring. Keep it up.

 

[Imran Khan]

how do you want Pak to reach $50?
with bailouts? with sukuk bonds? with euro bonds? with chinese soft loans? with saudi arabia loans? with US CSF? etc

or with FDI? Exports? Remittances?

for sure sir savings and FDI Exports Remittances tax collections .

What is the reason behind the surge in Reserves ?

Is Pakistani Exports booming or its Imports are declining ?

Are foreign remittances shooting up or is it increasing FDI ?

OR is it a case similar to Indian Railways which was minting huge profits under Laalu Prasad Yadav just by fudging accounts

nothing special 16bn remittances every year exports increased by new trade policy and EU status FDI increased because terror decrease and sure IMF world bank also given loans

 

[BetterPakistan]

for sure sir savings and FDI Exports Remittances tax collections .

Sir than I guess than we need to wait much more

 

[Imran Khan]

It seems things are in right direction. And if so we will surpass Bangladesh very soon. Fbr is also worth admiring. Keep it up.

bangladeshis did not spend billions $$$$$ like us they are saving money they reached 30 now. our expenses are very very high

Sir than I guess than we need to wait much more

i just hate decrease for increase its ok we can wait

 

[RAMPAGE]

bangladeshis did not spend billions $$$$$ like us they are saving money they reached 30 now. our expenses are very very high


i just hate decrease for increase its ok we can wait

https://www.thenews.com.pk/print/97356-Pakistans-July-Jan-exports-fall-144-percent

The decrease in exports for the entire year is at least 15%.

 

[Imran Khan]

https://www.thenews.com.pk/print/97356-Pakistans-July-Jan-exports-fall-144-percent

The decrease in exports for the entire year is at least 15%.

its months janab jan to july decrease your nes is from February 11, 2016


here is fresh link
http://www.pakistantoday.com.pk/2016/06/11/business/exports-increase-by-6-39-in-may/

 

[zeeshan shaani]

bangladeshis did not spend billions $$$$$ like us they are saving money they reached 30 now. our expenses are very very high
Yes i know. There are multiple projects setting up in the country and its all about money.At the end all this will bring success. Bat to wohi hai jinna gurr onaa e mithaa.

 

[BetterPakistan]

i just hate decrease for increase its ok we can wait

Perfect quote for it could be:-
"Something is better than nothing"

 

[Imran Khan]

yes sir our services are bigger and better also our country but our damn black economy is also bigger

 

[zeeshan shaani]

yes sir our services are bigger and better also our country but our damn black economy is also bigger

200+ billion dollars. Large enouh to take country to extreme level.