Challenging road ahead: Pakistan's economic growth projected to slow down to 2.1%: report

[Enigma SIG]

,.,..
Institutions are driven and the drive of our organization is always conspiratorial. Civilian supremacy was never accepted. So Hafiz Sahib will not be different from Haji Sahib. Rather, two hands will be ahead. Soon we will say that Haji was right. Haji Sahib used to tear the shroud. Hafiz Sahib was sexually assaulted after tearing the shroud

https://twitter.com/x/status/1596202067965915136

Wait till news comes out about where the orders for sexual abuse came from.

 

[diligence]

I don't know how PTI junkies blame the current deterioration in Pakistani economy on the PDM government. In fact, the reality is just opposite. Imran Khan devastated our economy and it was going to crash had PTI government not kicked out. After IK was disgracefully thrown out of power in a constitutional process, this lanati idiot started a prolonged political turmoil in the country (all based on lies, deception, and other dirty tactics) purely for personal political mileage and blackmail at the cost of the our national economy. Political instability acts like a poison for any economy. But this sick-minded selfish person cares the least about anything other than his personal benefit. More than that, this manhoos lanati indeed attempted to bring Sri Lanka-type situation in Pakistan too. And these brainless PTI junkies shamelessly keep blaming the PDM government for the current economic crisis. In fact, these idiots desire our economy to crash to satisfy their inner black.

 

[nahtanbob]

I look at the current economy - it is the fault of the previous government.

 

[Abu Shaleh Rumi]

I look at the current economy - it is the fault of the previous government.

IKs government did inherited a fuked up economy too. Add Covid pandemic and Russia-Ukraine war as bonus...

 

[CrazyZ]

measures to contain the fiscal deficit are likely to keep inflation elevated.

Reducing fiscal deficit should reduce inflation???

Political issues are exacerbating the economic issues. PDM moved to early.....should have let PTI complete there term. They overstated their capacity to improve things and did not deliver.......this makes them very vulnerable to a PTI comeback. Pakistan needs one dominate party focused on east Asian style development. Current British style parliamentary system is not good for this....since standing governments can be removed through parliamentary shenanigans.

I look at the current economy - it is the fault of the previous government.

PTI made mistakes in energy policy and not implementing an import ban earlier, IMO. Still I would rate them higher then PPP and PML-N from an economic perspective.

 

[CrazyZ]

Imran Khan devastated our economy and it was going to crash had PTI government not kicked out.

Not accurate. PDM's removing of a standing government with only 1 year left caused a huge drop in the PKR and economic confidence. Hopefully PDMs actions will backfire in the long-term and finally put a nail in coffin of the Zadari and Shariff dynasties.

 

[nahtanbob]

IKs government did inherited a fuked up economy too. Add Covid pandemic and Russia-Ukraine war as bonus...

voters do not care about circumstances. they wants results

 

[epebble]

I look at the current economy - it is the fault of the previous government.

I think that is very unfair. Look, IK is nobody's idea of Washington or Lincoln, but to place all blame on him when he was just the dummy sitting at the driver seat in a car that has "auto" pilot. I think the autopilot has been buggy for a couple of decades at the minimum, likely much longer. They had a golden opportunity to unshackle from Afghanistan after 2001, but the gravitational attraction of the blackhole was too powerful.

 

[Enigma SIG]

voters do not care about circumstances. they wants results

And PDM delivered those lmao

 

[epebble]

Surprise policy rate hike shocks trade and industry​

Surprise policy rate hike shocks trade and industry

"Business community rejects higher-interest rate of 16pc and it cannot be termed as a wise decision," says FPCCI president.

www.dawn.com

 

[CrazyZ]

Surprise policy rate hike shocks trade and industry​

Surprise policy rate hike shocks trade and industry

"Business community rejects higher-interest rate of 16pc and it cannot be termed as a wise decision," says FPCCI president.

www.dawn.com

Dar is trying to get PKR higher against other currencies. Another brilliant move by PDM......drop the PKRs value by ousting a standing government (with one year left before elections). Then jack up interest rates to try to get the PKR's value up.....hurting growth even more. Personally I think there should be an "economic damage fine" imposed on political parties that cause instability and prevent a standing government from completing their terms. PDM should be fined for their actions over the last year.....same should apply to PTI if they make the current situation worse.

 

[Indos]

Pakistan main export destination is USA and Europe, slowing growth prospect is understandable as both region suffers economically this year and next year their growth forecast have also been slashed. Higher commodity prices and global higher inflation are also increasing the import figure and slowing the domestic consumption.

The situation is getting worst due to US The Fed tightening policy that prompted many other Central Bank to increase their interest rate to make the currency competitive or will face the same faith like Turkish Lira if they dont do the hike. Interest rate increase will lower money circulation and thus lower the economic activity (calculated in GDP)

Interest rate increase also depend on each economy situation, better economy will increase the interest lower than others

Unstable domestic politics will causes less investment from domestic business and also foreign investors (FDI).

Higher borrowing cost due to US The Fed tightening policy will pressure government spending since in many economies government still rely on borrowing to push their government spending.

GDP = Domestic consumption+ Investment + (Export-Import) + Government spending.

Country with high reliance on Western market will suffer, not only Pakistan. India export has been slowing in October and shows minus 17 percent growth compared to even during Covid time in October 2021.

This Singapore economy also faces the same situation

 

[maithil]

Surprise policy rate hike shocks trade and industry​

Surprise policy rate hike shocks trade and industry

"Business community rejects higher-interest rate of 16pc and it cannot be termed as a wise decision," says FPCCI president.

www.dawn.com

Too late .. and probably too little.

 

[maithil]

Any truth in this ?

 

[CrazyZ]

Any truth in this ? View attachment 900511

Play store is full of mindless garbage....its a waste of Forex.