Balance of payments worsens: Pakistan could knock at IMF’s doors in April

[SunilM]

There is more to it than meets the eye...all this balance of payments problems, rising trade deficits due to rising imports(many infra dev. related imports) rising debts was all there is the current government when Nawaz Sharif was at the helm of affairs...why IMF, Bloomberg, Moodi's, Fitch keeps on coming up with positive news and articles about Pakistan economy doing well, the debt is manageable and all sorts of kowtowing articles....lots of big business conglomerates in Pakistan supports Nawaz Sharif and his big cronies and clan...many gone now.


Express Tribune is owned by the Lakson(Lakhani group) a big supporter and partners in biz(also into tax evasions) with the Sharif and the clan...it is natural that they will make it look as things have gone for the worst with Nawaz gone...the same Express Tribune was coming up with all sorts of good vibes about Pakistan economy a fortnight ago before Nawaz Sharif was ousted....


http://www.lakson.com.pk/

https://en.wikipedia.org/wiki/Lakson_Group

https://www.bloomberg.com/research/stocks/private/person.asp?personId=29602801&privcapId=20334833

Fitch downgrades Pakistan’s outlook to negative, reaffirms ‘B’ credit rating
https://profit.pakistantoday.com.pk...utlook-to-negative-reaffirms-b-credit-rating/


Moody’s warns Pakistan on downgrade risks amid political uncertainty
https://www.thenews.com.pk/print/29...on-downgrade-risks-amid-political-uncertainty

Pakistan’s Economic Woes Go From Bad to Worse Before Elections
https://www.bloomberg.com/news/arti...-woes-go-from-bad-to-worse-ahead-of-elections

Pakistan Refutes IMF Report as It Eyes Bonds, China Funding

https://www.bloomberg.com/news/arti...es-imf-report-as-its-eyes-bonds-china-funding

I think you need to wake up and smell the coffee. Not everything is a conspiracy theory. Moody,Fitch,IMF & Bloomberg. Now are they also conspiring against Pakistan together?

 

[N.Siddiqui]

I think you need to wake up and smell the coffee. Not everything is a conspiracy theory. Moody,Fitch,IMF & Bloomberg. Now are they also conspiring against Pakistan together?

That's my point exactly...thanks for substantiating my claims, most of these articles started coming up in the media after Sharif and Dar was ousted, check the date of publications of articles you posted.

No denying the fact that lobbying firms like Roberti Global hired by Sharif will play its part in putting a doomsday syndrome for Pakistan via IMF, WB and other financial institutions(for pretty obvious reasons)...you can get a positive or a negative article printed in say Bloomberg or any related institution by paying the right amount and with the right transactions.


https://www.globalvillagespace.com/...nce-2013-nawaz-hires-one-for-himself-against/


Check this Bloomberg article printed in DAWN about Pakistan economy during Nawaz Sharif rule...

https://www.dawn.com/news/1191880

 

[SunilM]

That's my point exactly...thanks for substantiating my claims, most of these articles started coming up in the media after Sharif and Dar was ousted, check the date of publications of articles you posted.

No denying the fact that lobbying firms like Roberti Global hired by Sharif will play its part in putting a doomsday syndrome for Pakistan via IMF, WB and other financial institutions(for pretty obvious reasons)...you can get a positive or a negative article printed in say Bloomberg or any related institution by paying the right amount and with the right transactions.


https://www.globalvillagespace.com/...nce-2013-nawaz-hires-one-for-himself-against/


Check this Bloomberg article printed in DAWN about Pakistan economy during Nawaz Sharif rule...

https://www.dawn.com/news/1191880

I can't help you with the conspiracy theories. The devaluation is not due to 'lobbyists'. It because SBP's reserves are 11.9 Billions dollars, which is less than 3 months of Import cover. SBP does not have the dollars to preserve the value of the rupee. Its falling like 9 pins. And why does SBP not have dollars. Cause of the mammoth Current account and fiscal deficit. Your Exports are 22-23 billion dollars and imports 58-60 billion dollars. But I rest my case, cause I know even this explanation was an act in futility.

 

[hacker J]

I feel its not a big deal and every economy goes through fiscal deficit when implementing reforms, so Pakistan is going to get over it too unless they screw up the inflow management and swirl down the inflation wormhole.

 

[El Sidd]

oh my gawwdddddddddddddd nobody cares

 

[SunilM]

I feel its not a big deal and every economy goes through fiscal deficit when implementing reforms, so Pakistan is going to get over it too unless they screw up the inflow management and swirl down the inflation wormhole.

1) What reforms?
2) What inflows? Quantum? %CAD? %Fiscal Deficit?Figures?

Seems to a statement bereft of any facts.

 

[I S I]

MashAllah

 

[N.Siddiqui]

1) What reforms?
2) What inflows? Quantum? %CAD? %Fiscal Deficit?Figures?

Seems to a statement bereft of any facts.

If you already have this ingrained in your mind...nobody can help it.

So what is your point...Pakistan going for a default. Going to IMF is not a big deal, was doing it...what is your end argument.

Posting articles just fort the sake of it and scavenging for negative news and looking for doomsday articles about Pakistan doesn't makes any sense. Much better if you post positive articles about India...

...just to add all these scenario was there in the Nawaz, Dar era, as bad but made to look as everything is fine in economy, the change is good though with birth pangs and initial trials and tribulations...will settle in the new government, this government is here for few weeks now, and then the caretaker setup.

 

[SunilM]

If you already have this ingrained in your mind...nobody can help it.

So what is your point...Pakistan going for a default. Going to IMF is not a big deal, was doing it...what is your end argument.

Posting articles just fort the sake of it and scavenging for negative news and looking for doomsday articles about Pakistan doesn't makes any sense. Much better if you post positive articles about India...

...just to add all these scenario was there in the Nawaz, Dar era, as bad but made to look as everything is fine in economy, the change is good though with birth pangs and initial trials and tribulations...will settle in the new government, this government is here for few weeks now, and then the caretaker setup.

I know its difficult to argue on facts and numbers. Conspiracy theories it is.

 

[SoulSpokesman]

If Bhai @SunilM would donate a fraction of his net worth to Pakistan and Brof @RiazHaq do the same to India, poverty and financial problems of both nations would disappear.

Regards

 

[N.Siddiqui]

I know its difficult to argue on facts and numbers. Conspiracy theories it is.

All your replies are irrelevant, obnoxious and not related to the topic asked...what is going there, never was earlier replies too.

You seems to have lost the mental faculties due to old age or are barely functioning...it doesn't take much intelligence and smartness to copy paste(post) articles here from any publication...do you think this is a great and intelligent move...only fools and people with no mental faculties will copy paste same topic articles over and over again.


Get some appointment with a good psychiatrist or a psychologist for some good advice...it is curable, unless the mind is perpetually stunted, check India's stunted children rate and all of them are grown up now...many here at PDF too, it seems










@WAJsal @Jungibaaz @waz @Emmie

Kindly look into this guy @SunilM, check this and all his previous posts(all copy pasted)...every post have the same topic about Pakistan going for IMF due to low deficit financing and scavenging for negative news, and creating a doomsday kind of scenario for Pakistan and with incoherent and irrelevant replies.

This will not only be good here but also for the poster as instead of wasting his and others time by posting the usual crap...he @SunilM will have the time to go and see a good psychiatrist, started to feel sorry for him as when you keeps on doing the same thing over and over again...and thinking that results might be different, it is sign of some mental disorders.


He need our help out here...

 

[hacker J]

1) What reforms?
2) What inflows? Quantum? %CAD? %Fiscal Deficit?Figures?

Seems to a statement bereft of any facts.

Oh okay you need details well let me try and put forward to explain my point.

1) REFORMS :- Pakistan is going through a major infrastructural and governance reform with the CPEC project, with various roads, power , railways and land projects. (i know its all counting on the loan on Pakistan and not from its indigenous efforts but yes they are set to change the picture of pakistan atleast from top). Over 60 billion to be invested from latest estimations
2) Inflows :- https://tribune.com.pk/story/1583286/6-can-pakistan-pay-cpec-loans/ well to bail out it may need the help of IMF but in long term the benefits, trads and FDI in pakistan should help elevate the total foreign reserves as well as payouts which pakistan will pay to its big brother China. Also new trade rules and a road network means better opportunities for indrustrial revolution. Obviously all this is possible only if sweat and heart is put forward other wise the load of outstanding payments will out weigh any profit pak economy makes.
3) Check this example http://www.ciis.org.cn/english/2011-11/18/content_4635120.htm and you would know how things can be bailed out, but there is always a risk to get caught up like Greece.

 

[SunilM]

Oh okay you need details well let me try and put forward to explain my point.

1) REFORMS :- Pakistan is going through a major infrastructural and governance reform with the CPEC project, with various roads, power , railways and land projects. (i know its all counting on the loan on Pakistan and not from its indigenous efforts but yes they are set to change the picture of pakistan atleast from top). Over 60 billion to be invested from latest estimations
2) Inflows :- https://tribune.com.pk/story/1583286/6-can-pakistan-pay-cpec-loans/ well to bail out it may need the help of IMF but in long term the benefits, trads and FDI in pakistan should help elevate the total foreign reserves as well as payouts which pakistan will pay to its big brother China. Also new trade rules and a road network means better opportunities for indrustrial revolution. Obviously all this is possible only if sweat and heart is put forward other wise the load of outstanding payments will out weigh any profit pak economy makes.
3) Check this example http://www.ciis.org.cn/english/2011-11/18/content_4635120.htm and you would know how things can be bailed out, but there is always a risk to get caught up like Greece.

1) Again, please elaborate on the reforms? CPEC is a project and not a reform
2) Give FDI figures and CAD and fiscal deficit figures. Show how FDI will take care of the twin deficits.
3) 'Things' can be bailed out? I mean, grammar and comprehension aside. What you are saying is, there is always GOD. Thank you for letting us know.

 

[Shane]

Aik wari faeeeerrrrrr Shaeeerrrrr !!!

 

[hacker J]

1) Again, please elaborate on the reforms? CPEC is a project and not a reform
Pakistan is going through a major infrastructural and governance reform with the CPEC project.

2) Give FDI figures and CAD and fiscal deficit figures. Show how FDI will take care of the twin deficits.
Agreed I do not have exact figures as of now, i am not an economist. All i can provide you is https://economictimes.indiatimes.co...an-weakening-economy/articleshow/63218166.cms
https://www.dawn.com/news/1325215
and would request you to go through these articles.
3) 'Things' can be bailed out? I mean, grammar and comprehension aside. What you are saying is, there is always GOD. Thank you for letting us know.
Seriously are you trying to mock me ? Well job well done. Congrats. Now let me tell you pakistan is not facing the worst economic failures. Just read about Iraq economy in Iran-Iraq war, Greece economic bailout, Collapse of soviat union and Russian economy and outsource beloved afganistan in 1990s. They have seen even worse days. Yes GOD bailed them out.

Did you read what i wrote ? brother.
None the less I do believe that I believe that Pakistan is becoming a host to chinese investers which will eventually die out.