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Dollar will be 255 now in pakistan?

lolllllzzzz this will not work black market will decide the real rates and afghanis will pay and buy take dollars to afghanistan and iran .
Sir if rate is real no one will buy it as they can buy elsewhere as well
If the rate is low then everyone will buy it even if it's lower then 5rs.

Net result is it's disasterous to even subsidize dollar by a small amount

If hypothetically today state bank stopped printing rupee and burn all of its rupee reserve rupee can go to 100.

Obviously govt can do this.
 
Sir if rate is real no one will buy it as they can buy elsewhere as well
If the rate is low then everyone will buy it even if it's lower then 5rs.

Net result is it's disasterous to even subsidize dollar by a small amount

If hypothetically today state bank stopped printing rupee and burn all of its rupee reserve rupee can go to 100.

Obviously govt can do this.
what was the fault of miftah ismail if dar is like this lol.
 
Let me be the devils advocate.

1. My dear friend Brofessor sb (@RiazHaq) says that 50% of Pak economy is hidden.
2. So Pakistani citizens use their "black" money to convert to dollars.
3. They purchase petroleum products and other essentials (smuggled mainly) through these "black" dollars.

So where is the need for the Pak state to keep any kind of reserves? The Pak state may go bankrupt, but the people will do well for themselves.

Regards
 
Braindead Dar and PDM economists, earlier Miftah and the word is the moronic Estab. also wanted big levies on petrol and diesel to get more revenue on the existing consumption, but the revenue collection on petrol and diesel was about 300 billion Rs. short owing to lesser consumption by the people.

ISLAMABAD: The country’s consumption of two key petroleum products, Petroleum Motor Gasoline (PMG) or petrol and HSD, has declined by 21 per cent and 44 per cent, respectively due to measures taken by the government to curtail imports and massive increase in their prices by the incumbent government.

If taxes are increased the consumption would be lower and the targeted tax collection can never be met. Ideally the levies and taxes should be balanced and disbursed onto a cross section of people, like tax base need to be expanded instead of increasing taxes.

Dar failed economic model alongwith artificial control of US dollar.

Last govt. of PMLN crooks.
 
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Braindead Dar and PDM economists, earlier Miftah and the word is the moronic Estab. also wanted big levies on petrol and diesel to get more revenue on the existing consumption, but the revenue collection on petrol and diesel was about 300 billion Rs. short owning to lesser consumption by the people.

ISLAMABAD: The country’s consumption of two key petroleum products, Petroleum Motor Gasoline (PMG) or petrol and HSD, has declined by 21 per cent and 44 per cent, respectively due to measures taken by the government to curtail imports and massive increase in their prices by the incumbent government.

If taxes are increased the consumption would be lower and the targeted tax collection can never be met. Ideally the levies and taxes should be balanced and disbursed onto a cross section of people, like tax base need to be expanded instead of increasing taxes.

Dar failed economic model alongwith artificial control of US dollar.

Last govt. of PMLN crooks.
Part of the purpose of taxation is to suppress consumption of imported goods. Hence, it is desirable that consumption goes down even if tax receipts decrease. Ideally, there is zero consumption for private transport and the imported fuel is used only for public transport.
 
منڈی میں ڈالر کو سستا بیچ کر لاکھوں عربوں کما کر اب روپے کو گرایا جا رہا ہے ۔۔20 ارب ڈالر کے ذرائع اسی طرح اس حکومت نے پچھلے ایک سال میں اڑ دیا ہے

اگر ڈالر کو مارکیٹ ریٹ پر چھوڑ دے تو ابھی 180 سے 200 کی درمیانی رہتا ۔۔لیکن لوگوں کو کیڑا پڑا ہوا تھا ۔۔تین سو تک جا کے گرے گا ۔۔

کیونکہ آپ نے 20 ارب ڈالر کے ڈالر لوگوں کو دے دیے ہیں۔۔ڈالر امیروں نے صندوقوں میں بند کرکے ایان علی کے ہاتھ دبئی بجوادی ہیں

اب رونے دھونے کی ضرورت نہیں ہے یہ فیصلہ آپ نے خود ہی کیا تھا

نواز شریف زندہ باد عمران خان مردہ باد
پرانا پاکستان زندہ باد
اس کے نعرے آپ ہی نہیں لگوائے تھے

اب مرد کی طرح پرانے پاکستان کو بگتھو
 
Braindead Dar and PDM economists, earlier Miftah and the word is the moronic Estab. also wanted big levies on petrol and diesel to get more revenue on the existing consumption, but the revenue collection on petrol and diesel was about 300 billion Rs. short owning to lesser consumption by the people.

ISLAMABAD: The country’s consumption of two key petroleum products, Petroleum Motor Gasoline (PMG) or petrol and HSD, has declined by 21 per cent and 44 per cent, respectively due to measures taken by the government to curtail imports and massive increase in their prices by the incumbent government.

If taxes are increased the consumption would be lower and the targeted tax collection can never be met. Ideally the levies and taxes should be balanced and disbursed onto a cross section of people, like tax base need to be expanded instead of increasing taxes.

Dar failed economic model alongwith artificial control of US dollar.

Last govt. of PMLN crooks.

So they will be left with much higher fiscal deficit ... And with higher interest rate, interest payments will take even bigger portion of lower tax collections.. Kind of vicious cycle..
 
Let me be the devils advocate.

1. My dear friend Brofessor sb (@RiazHaq) says that 50% of Pak economy is hidden.
2. So Pakistani citizens use their "black" money to convert to dollars.
3. They purchase petroleum products and other essentials (smuggled mainly) through these "black" dollars.

So where is the need for the Pak state to keep any kind of reserves? The Pak state may go bankrupt, but the people will do well for themselves.

Regards
mostly true same is true for Afghanistan iran
 
Braindead Dar and PDM economists, earlier Miftah and the word is the moronic Estab. also wanted big levies on petrol and diesel to get more revenue on the existing consumption, but the revenue collection on petrol and diesel was about 300 billion Rs. short owning to lesser consumption by the people.

ISLAMABAD: The country’s consumption of two key petroleum products, Petroleum Motor Gasoline (PMG) or petrol and HSD, has declined by 21 per cent and 44 per cent, respectively due to measures taken by the government to curtail imports and massive increase in their prices by the incumbent government.

If taxes are increased the consumption would be lower and the targeted tax collection can never be met. Ideally the levies and taxes should be balanced and disbursed onto a cross section of people, like tax base need to be expanded instead of increasing taxes.

Dar failed economic model alongwith artificial control of US dollar.

Last govt. of PMLN crooks.
lol where do you live

Dar did same in 1998

nothing happened
 
OMG ...this Dar still insisting dollar value is below 200 repees ..................loll.. today press conference.

The Pakistani rupee plunged to a record low of Rs255.43 against the dollar in the interbank market on Thursday, sliding Rs24.54 or 9.61 per cent from yesterday’s close, after the removal of an unofficial price cap on the exchange rate.
1674751376264.png
 
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PMLN has played the same book four times
bankrupted Pakistan three times
nothing happen people still love them

OMG ...this Dar still insisting dollar value is below 200 repees ..................loll.. today press conference.

The Pakistani rupee plunged to a record low of Rs255.43 against the dollar in the interbank market on Thursday, sliding Rs24.54 or 9.61 per cent from yesterday’s close, after the removal of an unofficial price cap on the exchange rate.
View attachment 913355
real value 300 in black

we have blown 20b dollars
remittances and exports dropped by 15 b in last 1 year
 

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