Search results

General Bajwa has been to China when it was necessary to fix cracks after Imran's criticism of some CPEC projects. Now he has reached out to US when it is necessary to gain America's support on the crucial IMF loan. From my perspective, the most important man in Pakistan is undertaking the most...

Yes, the relationship between Pakistan and US has faced some challenging periods in recent past. But the current administration in both countries seem to have resolved to set things straight. Pakistan has more people to people contact with the US (and UK) than any other non - Muslim country in...

General Bajwa was merely reported to have used his good offices to impress upon Pakistan's friends in the US that Pakistan will keep to IMF terms in future. Nothing more, nothing less. Pakistan is a major non-NATO ally of US and is privy to a historic partnership that no other South Asian...

US - Pakistan friendship prevails even through such tough times :cheers:

General Bajwa will likely decline an extension. Think that he has already declared his intent to retire :unsure:

..so this puts the claim that PTI was usurped because of Pakistan 'aligning' with Russia to rest.

I have indeed shared this in the past. There is no indication that Pakistani economy is suddenly collapsing because of a drop in remittances. PTI supporters have manufactured this narrative to cope with the unrealistic claim that PDM torpedoed the economy within 3 months.

Who will account for the subsidies that sustain the population that produces these goods in Pakistan? These are also costs that the society implicitly adds to the cost of production. It may not appear in the company balance sheets, but Pakistan's exchequer will not be able to escape it. I'm not...

If you make the case that Pakistan has structural problems that all political parties have not been able to fix, then I can agree to that. But the claim that remittances are down is just copium. The remittances have appreciated since PDM took control as per official data published by SBP.

Then why the deficits? Your claim of $3 converted to $4 is no more well researched than my claim of $5 to $4

Pakistan does not consume $3 to produce $4. It consumes $5 to produce $4.. hence the perennial CAD. :coffee:

1) You have not yet understood what I'm trying to say. The government's primary agenda was not to cut down exports. The state simply implemented typical policies that will bring down the imports. This move will often have the expected - yet undesired - outcome of reducing exports. Reducing...

Fixed the typo. 😉

If idiots run the economy with fancy rhetoric, then Sri Lanka type situation will follow. Pakistan was simply not able to pay to keep a overheated economy alive. The cooling was a necessity, not a choice.

If the devaluation of rupee is balanced by a raise in income, then there purchasing power can remain the same. The OP in this thread does not support the conclusion stated with conclusive evidence that the purchasing power cannot catch up with inflation. :pop:

What are the $3 goods that have been restricted by GoP? The government policies to cool the economy have affected all sectors including the industries that contribute to export.

The government will not narrowly target the imports necessary for export industries to control CAD. This is exactly the type of populist rhetoric that I try to contest from PTI supporters. In reality, the GoP had placed restrictions on what it identified as luxury goods (like tea). The impacts...

For Pakistan, more exports means more imports to sustain the exports. Trade deficit contributes to CAD which in turn contributes to the BoP crisis. I had to mention the fiscal component as well because readers should account for Imran's fuel subsidy program as another contributor for the BoP.

Bridging finance is a standard pre-requisite from IMF. Sri Lanka also has the same terms to meet. Lucky for Pakistan to have friends to help in this case :cheers: