A 50% stake for the government, which is a passive / non-value adding “partner” is actually quite impressive negotiating.. I somewhat can’t believe it lol. In Canada for example, some jurisdictions collect less than 2% royalties + corporate taxes and many mines are run by international companies...
And might I add CAD valuations are highly sensitive to oil prices, for those that may be wondering. That said I wonder what makes the IKR overvalued relative to the USD? Any insights would be appreciated.
That’s precisely right, currency devaluation makes exports more competitive however it raises input costs for imports. Hence why local vertical integration or input substitution is critical to sustain a currency devaluation / fair value exercise.
Local vertical integration of Pakistani industries is required to combat the perpetual CAD cycles, combined with not artificially supporting the PKR. The social impacts of currency devaluation need to be mitigated by securing the food supply especially for staple foods. These things need to...
Thanks for sharing the article. This article seems to raise more questions than answers. I am now more confused about: 1) blk III radar range, 2) what is meant by “homegrown integrated EW”.. is this the same panjnad pod as before or maybe a new indigenous fully integrated EW system (an...
Response was to OP, if fatwas were indeed issued as he stated then those issuers would be jaahils. Also I didn’t single out Pakistani mullahs either.. I don’t discriminate when it comes to jaahils. 😂
Anyone opposing this may give you a different answer if they themselves were the patient in dire straits, that goes for any jaahil “aalims” that issued fatwas against the procedure as well. If it’s between life and death. This is a medical matter not a religious one.
Can you give us a hint on the new procurement for 2023/24? Is it for the PAF?
Perhaps China has sold PAF some of its used J10Cs for discount? That may explain how PAF pilots have been training on them already (according to posts on this forum). I am just speculating.
It’s a very interesting demographic they are targetting. The government is essentially undercutting the market for these people, it’s a costly strategy but if it has enough uptake can pay dividends in the medium to long term - both economically and geopolitically.
Nuclear weapons are required for countries that fight conventional wars in the heavyweight division, perhaps it‘s difficult for Iranians to understand as they are accustomed to fighting lightweight opponents and that too via proxies (e.g. Israel, Yemen, Lebanon, Syria). Perhaps an Iranian like...
Some PDFers are over reacting. If localized incidents of border management are the worst of your problems with a narco state ran by a militia then you are blessed. Also Pak govt protests are likely occurring through appropriate diplomatic channels. Public condemnation is for public consumption -...