The fault in our Dar(s)

[HAIDER]

Ishaq Dar recovered his properties and back salaries of 50 crore @ziaulislam @Imran Khan

 

[Arsalan345]

I remember when Imran khan left the office and there was a prisoner van nearby. You can't run a country when it's already under siege. I don't blame any Government. This was bound to happen.

 

[ziaulislam]

Ishaq Dar recovered his properties and back salaries of 50 crore @ziaulislam @Imran Khan

Thanks to people of pakistan

Apko ab porna pakistan mubarak hu

I am going to be honest

This porana pakistan is good for me. As my salary is in $$

My buying power is increasing exponentially.

I am nlw sending money through black and getting 300rs.
It was 250 3-4 months ago as i posted it back

 

[Imran Khan]

Ishaq Dar recovered his properties and back salaries of 50 crore @ziaulislam @Imran Khan

Uska kam banta M C JANTA

 

[ghazi52]

.,.,
Following the removal of an unofficial cap on the dollar exchange rate, the rupee took a massive hit against the greenback in the interbank and open markets on Thursday.

The rupee nosedived in the interbank market during intraday trade today as it depreciated by more than Rs24 — lowest since July 2022.

Rupee takes a hammering, falls to historic low of 255 against dollar in interbank
For the last few months, the local currency was maintaining its position in the interbank market and was not depreciating as analysts expected, leaving many to believe that the government was managing the exchange rate.

A day earlier, State Bank of Pakistan data showed that the dollar closed at Rs230.89.

However, the greenback was being traded at Rs255 in the interbank market during intraday trade today.

 

[maithil]

Problem is , they don't have dollar ..

So essentially, few months later Dollar will be 270 as demand > Supply.

 

[ghazi52]

,.,.

PKR plunges by Rs7.17 in interbank​

Closes at record low of Rs262.6; analysts say substantial inflows received through formal channels after adjustment.

 

[ghazi52]

.,.,

SBP reserves plunge to $3.7bn​

The Newspaper's
January 27, 2023

KARACHI: Foreign exchange reserves of the State Bank of Pakistan (SBP) hit a new nine-year low of $3.678 billion during the week ended on Jan 20.

The SBP on Thursday said that its forex holdings decreased by $923m during the week due to external debt repayments.

The government has practically surrendered to the IMF conditions for the revival of the loan programme amid fast-dwindling SBP reserves are even not sufficient to cover imports for three weeks.

More than 9,000 containers are stuck at the ports waiting to be paid for clearance.

Also, ships carrying essential commodities including petroleum products, LNG and soyabean are awaiting payments but the empty-handed government is looking for inflows.

 

[ghazi52]

.,.
Ishaq Dar is stopping the dollar at 200..

https://twitter.com/i/web/status/1618847877501165568

 

[ghazi52]

.,,.,.

https://twitter.com/i/web/status/1619011450391105542

 

[epebble]

.,.
Ishaq Dar is stopping the dollar at 200..

https://twitter.com/i/web/status/1618847877501165568

With his 'talents', if he continues as the finance minister, the future is writ large in Lebanon.

Lebanon to devalue currency by 90% on Feb. 1, central bank chief says​

Lebanon to devalue currency by 90% on Feb. 1, central bank chief says

 

[ghazi52]

.,.,
The International Monetary Fund (IMF) has demanded that assets owned by Pakistan's bureaucrats should be made public to ensure transparency and accountability.

A delegation of the global lender is visiting Pakistan to hold talks with the government officials as the cash-strapped South Asian country is trying to strike a staff-level agreement with the IMF on the ninth review under the $7 billion Extended Fund Facility (EFF). The ninth review has been pending since September last.

Sources said the IMF had placed the condition while talking to the government. It has demanded the establishment of an authority and an electronic asset declaration system to public the assets of the government officers.

The global lender has also sought details of assets held by the officers in Pakistan and abroad. It also said the assets of the officers from grade 17 to 22 should be reviewed before opening of their bank accounts.

 

[HAIDER]

.,.,
The International Monetary Fund (IMF) has demanded that assets owned by Pakistan's bureaucrats should be made public to ensure transparency and accountability.

A delegation of the global lender is visiting Pakistan to hold talks with the government officials as the cash-strapped South Asian country is trying to strike a staff-level agreement with the IMF on the ninth review under the $7 billion Extended Fund Facility (EFF). The ninth review has been pending since September last.

Sources said the IMF had placed the condition while talking to the government. It has demanded the establishment of an authority and an electronic asset declaration system to public the assets of the government officers.

The global lender has also sought details of assets held by the officers in Pakistan and abroad. It also said the assets of the officers from grade 17 to 22 should be reviewed before opening of their bank accounts.

infinity agrees with IMF ....Pakistan is under total elite capture. Who are unaccountable and untouchable. They suck the country and foreign assets, foreign accounts ....

 

[ghazi52]

.,.,.,

Highly critical: SBP-held foreign exchange reserves plunge $592mn, now stand at mere $3.09bn​

• Reserves fall due to external debt repayments, says central bank

BR Web Desk
February 2, 2023

Foreign exchange reserves held by the State Bank of Pakistan (SBP) dropped a massive $592 million to a mere $3.09 billion, data released on Thursday showed. This is the lowest level of central bank reserves since February 2014.

 

[ghazi52]

.,.,
Due to delay, weak economic conditions, currency depreciation & excessive expenditure by the govt the IMF is asking the government to readjust the tax target to Rs8300 Billion vs Rs7470 Billion earlier.

The IMF also demands 17% GST on Petroleum Products
Source: Pakistan Today