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poorly drafted budget... failed to meet exaggerated revenue targets. now forced to do funding cuts almost everywhere. same happened with Federal PSDP. Total allocation had to be reduced from bn700+ to bn580. And it seems final spending will only amount to bn500.

that billion dollar went to SBP reserves... same happens to IMF loans

agreed

indeed. but those problem have been there for more than 5 years. The recent decline which started around 2013 seems to have its root in REER.

Pace of fall in exports 3 times faster than imports By Shahbaz Rana Published: April 13, 2016 232SHARES...

political temptation is a valid argument... but i dont think that the recent appreciation in REER was politically motivated. It was more a result of loose monetary policies in the West. Other developing countries have experienced similar trends. but maybe you are right. Our FM did appreciate...

fully floating increases volatility which is not good for businesses. But managing the exchange rate doesnt mean letting it appreciate even if it continues to result in balance of trade losses.

Time to review real effective exchange rate AHMED JAMAL PIRZADA — PUBLISHED ABOUT 18 HOURS AGO A COUNTRY’S export competitiveness in the international market is determined by trade-weighted crucial real effective exchange rate. REER may appreciate even when nominal exchange rate depreciates...

I dont know the specifics of the index. But REER looks at overall trade. It does not look at only imports or only exports. Also, it is trade weighted and that is why it is called "effective exchange rate." Nominal exchange rate is not the key. Imagine that price of good A increases in Pakistan...

here is the official data: http://www.sbp.org.pk/ecodata/NEER-REER.pdf Also you are seeing the nominal exchange rate. I am talking about the 'real effective exchange rate' REER is the one which determines your trade competitiveness in real terms.

why are we surprised... our real effective exchange rate appreciated by 5.6% and 8.8% in fiscal year 2014 and 2015, respectively, according to SBP data. Exports were supposed to fall after such massive appreciation

go to the link in the first post. ull find plenty of pictures there

Originally Posted by hero g Full project stats and facts SkyscraperCity - View Single Post - PAKISTAN | Reconstruction of Karakorum Highway (KKH) | Infrastructure | U/C

Yes but that is an outsiders perspective. Its their country and their govt has adopted policies to ensure the well being of her citizens. They are politically/economically secure. Moreover, it hasnt made Dubai business unfriendly. So I wont mind the same for local population in balochistan which...

maybe they are referring to 'great' interms of quantity of people lol

i dont know how true the article is. But the issue of Baloch becoming a minority in their own city is worth thinking about. Maybe we should do something similar to Dubai where certain number of locals must be accommodated by anyone setting up a business. Its unfair to expect that Balochis will...

Investment, crowding out and govt role AHMED JAMAL PIRZADA | IRFAN QURESHI — PUBLISHED ABOUT 17 HOURS AGO WHATSAPP 3 COMMENTS PRINT Prime Minister Mohammad Nawaz Sharif in a meeting with Chinese Investors held at PM House on January 11. PRIVATE sector investment has been declining at...

in other words you are saying that it is ok that Balochistan gets only $1.5bn and KPK gets only $2.5bn under the signed agreements. Great!

The problem is simple. Most 'early harvest' Chinese projects are being carried out on the eastern side. Read this: [The meeting was apprised that the priority energy projects under the CPEC included the Port Qasim Electric Company, Coal-Fired Plant (1,320 MW), Sahiwal, Coal-fired Power Plant...

what a propaganda title......