Remittances are also at historic highs already. Only non debt solutions for the CAD crisis that I can think of is a sudden inflow of FDI and FII. But neither global investment conditions nor Pakistani domestic political situation suggest the possibility for itIf this data is correct, then Pakistan already does not import much "luxury " products. Looks like only bare minimum is being imported. Imports are already heavily taxed and import tax is a big part of revenue for govt. Banning luxury items will not have any noticeable impact on CAD. However if aggressive import bans are applied, tax revenues will be significantly hit .
Making import expensive will also lead to increase in the cost of goods that are used to produce exportable products. And create further barriers that incentivise firms to sell to a local captive market of 250 million , then to compete globally.
Very catch 22 situation. Managing CAD vs Fiscal Deficit.That too in commodity super cycle and friends unwilling to help. Your suggestion suddenly starts making some sense.
These sellouts may use just enough to legitimize their rule (delay their corruption), and then the rest - as they say - is history.Any USA aid will go in the pockets of Corrupt Politicians and they know it, this is not AID for Pakistan but price for buying Political/Military/judges in Pakistan.
All the same for the past many decades. No questions asked. No suo motos. Just keep going.Loan
A burden for future generation of Pakistani
A shackle in feet of Youth
Where did 7-8 Billion Dollar vanish in 1 month it takes 1 year to use that amount
Look you have to give bags full of money to every day Pakistani to vanish 8 Billion Dollars in 30 days ,7-8 Billion dollar is the amount lasts 1 year budget for Province
Heard custom's record was removed ? was that rumor or the data just vanished what was being transported out ?
There are educated people with international exposure in the country who support this clown and his party. Any wonder why Pakistan is where it is?Omg….This teenager whose never had a real or a honest job in his life is now your foreign minister lol
Always have, always will.Is it me or are Pakistanis selling themselves pretty cheap?
Air corridor / US bases in Pakistan achieve multiple objectives for USA.
Keep Afghanistan / Taliban / TTP/ other terrorist groups in check
Keeps a close eyes on China
Keeps a close eye on Central Asian Republics
Keeps Gwadar and natural resources in check
USA can create trouble in Balochistan with ease
USA can monitor Pakistan’s strategic assets
Heck for all this, Pakistani establishment is selling their ammis for a billion $? Bro, if you want to sell your imaan, then go all out.
They can't because our Civil/Military leaders and judges are sold to Washington, so any help from China will be useless because Americans can easily do a regime change in Pakistan which will hurt China's effort to revive Pakistan, we saw this only few weeks ago.But has China offered any support to Pakistan currently?
They can't because our Civil/Military leaders and judges are sold to Washington, so any help from China will be useless because Americans can easily do a regime change in Pakistan which will hurt China's effort to revive Pakistan, we saw this only few weeks ago.
well in their defense, CPEC was not given enough time to bear its fruits. Plus the Terrorism and poor Leadership cause CPEC to slow down, and I think American sponsor regime change is final nail in the coffin.Well, there is CPEC, the miraculous game-changer, or so we are told.