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  1. Wood

    Apparently on PM’s debt relief plea: Pakistan’s dollar bonds plunge

    'From the budget' means that PTI just planned to print PKR or borrow USD to finance the subsidy at a time when Pakistan was already expected to have a 5% Current Account Deficit by credit agencies like Fitch. When Pakistan is out of IMF program, it means that other bilateral and multilateral...
  2. Wood

    Apparently on PM’s debt relief plea: Pakistan’s dollar bonds plunge

    The subsidy 'provided from budget' is a PTI myth. Please check the most trustworthy Ary news quote IMF leadership accuse Pakistan for violating IMF agreement with the subsidy. https://arynews.tv/imf-previous-pakistani-govt-violated-agreement-subsidy/
  3. Wood

    PM Shehbaz Sharif paid for UNGA visit from his own pocket

    Not many people would front their personal money for work related travel. I certainly do not pay from my pocket for work travel. PM Shehbaz is a role model for leaders from other developing countries! 👍
  4. Wood

    Miftah Ismail tenders resignation as finmin ahead of Ishaq Dar's arrival to Pakistan

    The price of 6% economic growth for a developing country that is not blessed with natural resources and is unable to attract FDI (to balance with CA surplus). https://www.thenews.com.pk/print/949697-fitch-sees-pakistan-s-current-account-deficit-widening-in-fiscal-2022-on-policy-uncertainty
  5. Wood

    Apparently on PM’s debt relief plea: Pakistan’s dollar bonds plunge

    The economic issues that were because of violating IMF terms with fuel subsidy was taken care of. The PKR to USD exchange rate had also briefly recovered to 210 at one point. But then the floods have brought a new set of challenges to the economy. Wealthy overseas Pakistanis should not let...
  6. Wood

    Miftah Ismail tenders resignation as finmin ahead of Ishaq Dar's arrival to Pakistan

    You mean borrow more money? This is not a possibility now. But there is a $2 billion pledge for flood relief from international community along with a memo from UN to suspend debt payments 🤔
  7. Wood

    Miftah Ismail tenders resignation as finmin ahead of Ishaq Dar's arrival to Pakistan

    Where will the money for populism come from? I don't think this is possible now. Mr. Dar seems to be the pinch hitter on economic management for the Sharif family. Let's wait to see what he can do differently to raise Pakistan's macro economic indicators before next election.
  8. Wood

    Miftah Ismail tenders resignation as finmin ahead of Ishaq Dar's arrival to Pakistan

    Okay, I'm out of guesses. Let's see who gets more upset :lol:
  9. Wood

    Miftah Ismail tenders resignation as finmin ahead of Ishaq Dar's arrival to Pakistan

    I think you mean the sarcastic baby Yoda @ziaulislam
  10. Wood

    Miftah Ismail tenders resignation as finmin ahead of Ishaq Dar's arrival to Pakistan

    Please unban @Norwegian with immediate effect :yahoo:
  11. Wood

    Miftah Ismail tenders resignation as finmin ahead of Ishaq Dar's arrival to Pakistan

    Miftah did great work! Mr. Dar is unpopular in this forum. It would be interesting to see how Mr. Dar will do better than Miftah :cheers:
  12. Wood

    Russia-Ukraine War - News and Developments PART 2

    Pushing people who don't want to fight into unnecessary wars :disagree:
  13. Wood

    Apparently on PM’s debt relief plea: Pakistan’s dollar bonds plunge

    https://tribune.com.pk/story/2378338/dollar-bond-yields-skyrocket-after-pms-debt-relief-appeal Global community has pledged nearly $2 billion in aid for Pakistan. PM Shehbaz is striking the iron when it's hot to extract maximum debt relief right now through this appeal. Japan has recently...
  14. Wood

    Pound falls to 37-year low against dollar as mini-budget puts markets in spin

    Sounds like a Rajapaksa tax move 🤔
  15. Wood

    Apparently on PM’s debt relief plea: Pakistan’s dollar bonds plunge

    This is a good chance for patriotic overseas Pakistanis to support their country by purchasing the publicly traded government bonds from Pakistan :cheers:
  16. Wood

    Pakistan default fears spike on report of UN debt suspension advice

    You are suggesting ways for Pakistan to become more politically unstable. Typical PTI followers will actually cheer for this :disagree:
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