I’m not sure why all this negativity is reining here about how bad the economy is doing- sure inflation is out of control right now but you can blame that out on the commodity super cycle.
The CAD is back down to what PTI left it at in February and maybe, it might have even been positive if our current PM could have been trusted and if the overseas Pakistanis found him half acceptable.
The truth is that Pakistan has been economically flawed- what we find to be bad (undervalued rupee/ expensive commodities/ more conservative fiscal policies) are actually the only medicine that can cure our economic malaise.
Yes, we have a turd of a PM but now you know- and I would hazard to guess- that the awam knows that IK was handling the economic situation a hundred fold better.
Now, I don’t support all of PTIs economic policies- I have criticized a lot of things in the past and will do so in the future. And I still think that, say Musharraf, was probably the better economic manager as far as Pakistan was concerned. But a semi-competent democratic government is to be preferred I suppose. Even if they make stupid policies like subsidizing oil below market prices- policies they probably would have had to walk back unless they got that elusive Russian deal they were talking about.
Anyhow, I find it questionable to say that PTI was much the same even the last three years. Sorry, no it wasn’t.
And those that claim to know oh so much- and many on this forum have argued- that Ishaq Dar was more competent, etc- are all ignorami. They might know a lot- most of what they know is simply not so.
The CAD is back down to what PTI left it at in February and maybe, it might have even been positive if our current PM could have been trusted and if the overseas Pakistanis found him half acceptable.
The truth is that Pakistan has been economically flawed- what we find to be bad (undervalued rupee/ expensive commodities/ more conservative fiscal policies) are actually the only medicine that can cure our economic malaise.
Yes, we have a turd of a PM but now you know- and I would hazard to guess- that the awam knows that IK was handling the economic situation a hundred fold better.
Now, I don’t support all of PTIs economic policies- I have criticized a lot of things in the past and will do so in the future. And I still think that, say Musharraf, was probably the better economic manager as far as Pakistan was concerned. But a semi-competent democratic government is to be preferred I suppose. Even if they make stupid policies like subsidizing oil below market prices- policies they probably would have had to walk back unless they got that elusive Russian deal they were talking about.
Anyhow, I find it questionable to say that PTI was much the same even the last three years. Sorry, no it wasn’t.
And those that claim to know oh so much- and many on this forum have argued- that Ishaq Dar was more competent, etc- are all ignorami. They might know a lot- most of what they know is simply not so.
