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Trade deficit peaks at $39.3 billion

Norwegian

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Thanks to IK destructive economic policies, it will take years to rebuild our economy back to 2017-18 level.
Patwari spotted
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It’s all due to IK, he didn’t do anything for economy.
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Destranator

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You have these charts ready in your desktop? Auto upload and post everyday :D
Well, he has to. I find it perplexing that crooks like the Sharifs still have defenders in Pakistan. Propaganda needs to be countered with facts all the time.

I hope we get a leader like IK in BD one day. Maybe Mashrafe Mortaza or Shakib al Hasan, a man can dream :lazy2:
 
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Norwegian

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You have these charts ready in your desktop? Auto upload and post everyday :D
Well, he has to. I find it perplexing that crooks like the Sharifs still have defenders in Pakistan. Propaganda needs to be countered with facts all the time.
Yeah Sharif and Zardari mafia is the main reason why Pakistan is in this current mess. And still both of them are in current govt of United crooks after forcing Imran Khan out of power with US and establishment aid
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Imran Khan was not even in politics when downfall of Pakistan started in early 90s during back to back Sharif and Zardari mafia govts
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maithil

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That’s like $50bn trade deficit right there 😬
Wonder how do they sustain their economy this way

Around 35 billion should be covered by remittances. That means a gap of 15 billion. Should not be too hard for an economy of 350 billions to raise that amount. May have to offer Slightly higher returns but should not be a big headache.
 

Sudarshan

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Around 35 billion should be covered by remittances. That means a gap of 15 billion. Should not be too hard for an economy of 350 billions to raise that amount. May have to offer Slightly higher returns but should not be a big headache.
This year CAD is supposed to be $20 bn for them, wonder how’ll they manage it when their forex reserves (including god) are less than their annual CAD. It’s like borrowing to repay to sustain the economy.
 

maithil

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This year CAD is supposed to be $20 bn for them, wonder how’ll they manage it when their forex reserves (including god) are less than their annual CAD. It’s like borrowing to repay to sustain the economy.

Even 20 billions for a country with 350 billions GDP should not be too hard. Few tough choices and economy will be fine.
 

Norwegian

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This year CAD is supposed to be $20 bn for them, wonder how’ll they manage it when their forex reserves (including god) are less than their annual CAD. It’s like borrowing to repay to sustain the economy.
Even 20 billions for a country with 350 billions GDP should not be too hard. Few tough choices and economy will be fine.
You Indians sound like Pakistanis understand mathematics of macro economics. They don't. Pakistan has been borrowing dollars to repay dollar debts for decades. No wonder why external debt keeps growing instead of stabilizing
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