Current Account Deficit: Pyrrhic Victory?

[The Accountant]

So good other person is CA from UK and having running experience of nation .

CA UK but also an absconder a convicted criminal but a witness of corruption against the vey own NS.

So tell me if he is credible then NS is a crook as per on oath statement of ishaq dar

 

[volatile]

CA UK but also an absconder a convicted criminal but a witness of corruption against the vey own NS.

So tell me if he is credible then NS is a crook as per on oath statement of ishaq dar

If we can stay at debate it will be good .By the way if these are the credentials benchmarks then we can discuss economic team and there credentials as well .But i guess it will be off topic .Any ways regarding ID or his credentials .His CV is quite impressive then yours (Your might be good as well) but still be finance minister of a country where as CFO/FM for MNC is different thing .I hope this will end this discussion .Again i have requested you if you have any information which can negate these facts you are welcome and we can have all the brain farts on this topic .Cheers

 

[volatile]

This must be in stupid and funny section.

The lies being told here are humongus.

True but in our last discussion you promised for IPP .What happened to that case ?

 

[Patriot forever]

Please listen to this interview
Mr Ashfaq Hassan

Bro I stopped listening after he said 'suddenly there was a rise in oil prices in 2017 and 2018' 140 to 160$ per barrel to be precise. Hahaha. No wonder he is former

During internm gov and PTI government first 6 months the Brent crude increased. During the last 2 years of Plmn it ranged between 45-60.

At least search for facts and verify before posting. Regarding CPEC imports it is very well discussed and rebutted, by facts and figures.

 

[volatile]

S

Bro I stopped listening after he said 'suddenly there was a rise in oil prices in 2017 and 2018' 140 to 160$ per barrel to be precise. Hahaha. No wonder he is former

During internm gov and PTI government first 6 months the Brent crude increased. During the last 2 years of Plmn it ranged between 45-60.

At least search for facts and verify before posting. Regarding CPEC imports it is very well discussed and rebutted, by facts and figures.


View attachment 671243

So inshort you are more credible then any of Pakistani`s .Good one

 

[The Accountant]

If we can stay at debate it will be good .By the way if these are the credentials benchmarks then we can discuss economic team and there credentials as well .But i guess it will be off topic .Any ways regarding ID or his credentials .His CV is quite impressive then yours (Your might be good as well) but still be finance minister of a country where as CFO/FM for MNC is different thing .I hope this will end this discussion .Again i have requested you if you have any information which can negate these facts you are welcome and we can have all the brain farts on this topic .Cheers

Brother, i am not questioning his qualifications but integrity. Is he known as a man of integrity? If yes then NS should be in jail and his property should be confiscated due to on oath witness statement of ishaq dar. But if NS is innocent then credibility of Ishaq dar is zero.

Furthermore a person who cant provide source of income and rather provide a letters for asset beyond means case then he dont deserve to remain a member of institute of chartered accountant.

 

[The Accountant]

True but in our last discussion you promised for IPP .What happened to that case ?

I was busy since few days i am going to reply u today.

By the way i must admit your reply although dont have weight but is specific and is now debateable. I would appreciate that we keep it to technicalities and fact based debates rather than insulting each other to get some quality information.

 

[Patriot forever]

S

So inshort you are more credible then any of Pakistani`s .Good one

Bro I am just quoting facts and figures, you too can call out his bluff. He clearly lied about oil prices.

 

[valkyr_96]

Here is an interview of Mr Ashfaq SAPM Economic committe .I have attached in above thread .I hope we can have a concrete discussion

Can you answer my question please? Forget PTI government why was the caretaker government facing an economic crisis? I had posted two articles on the matter.

Economic crisis worsens in interim govt

ISLAMABAD - Pakistan's economic situation has further deteriorated during short tenure of the incumbent caretaker government that neither has intervened in the

nation.com.pk

Caretaker govt kick-starts process of availing IMF bailout | The Express Tribune

Finance ministry, however, says option to be exercised by next government

tribune.com.pk

Here is one from India

Pakistan's indebted economy careens toward another IMF bailout

Pakistan is currently run by a caretaker government, which took the reins in June after Sharifs party ended its five-year term.

economictimes.indiatimes.com

How about an answer on?
FBR admits blocking Rs532bn in refunds since 2014 to inflate revenue figures

FBR admits blocking Rs532bn in refunds since 2014 to inflate revenue figures

FBR Member Inland Revenue Dr Ashfaq Ahmed says only Rs202bn is verified and processed so far.

www.dawn.com

Note that none of these links are opinions but reporting on current affairs as they happened.

If you want to have a concrete discussion, than you must invest time on it. Build data tables/graphs and flesh out the asset/liability, (address fudged data like parking debt into off- balance sheet items/ inflating tax collection revenue with tax refunds), receipts and payments structure and then populate it with other macroeconomic statistics like inflation, unemployment devaluation, not to mention having an understanding of caveats associated with these figures. I would suggest you go as far as 2008 so we have a concrete assessment of the Pakistan's position as it changed hands to PPP, PMLN and now PTI.

On this forum we can agree and disagree, share view-points but no one is going to breast-feed you both college level and university level economics. Additionally, you also require a academic course on corporate finance to develop an understanding of the framework for growth and value. This framework does not change across the micro-macro level.

I am not berating you but encouraging you to make your own marcoeconomic anaysis and then seek out differing opinions. Last time there was a poll to understanding the area of education of the members here on pdf (before the data got deleted) most of them (i would say 90%) of the members here were related to computer sciences.

 

[blueazure]

if current acc deficit is zero , why is dollar not coming down?




@The Accountant @volatile @ps3linux @Patriot forever

 

[blueazure]

If we can stay at debate it will be good .By the way if these are the credentials benchmarks then we can discuss economic team and there credentials as well .But i guess it will be off topic .Any ways regarding ID or his credentials .His CV is quite impressive then yours (Your might be good as well) but still be finance minister of a country where as CFO/FM for MNC is different thing .I hope this will end this discussion .Again i have requested you if you have any information which can negate these facts you are welcome and we can have all the brain farts on this topic .Cheers

lies of PTI social media team that were repeatedly sold to pakistanis -


1. we are going to default in 2018..

how can a country get an IMF loan when it is defaulting ?


2. pakistanis have stashed nearly 200BN USD abroad ( all laundered money)

asad umar said on live TV that this was a false claim



3. dollar will come down once CAD is zero

is dollar coming down?


-------

choose for yourself what to belive

2 years are gone . 3 remain


liar liar


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[blueazure]

IMF is an organization which is specifically created to resolve such crisis and it is called a bailout package for a reason.

'im under financial duress, will IMF help me?

 

[blueazure]

Also doesn't pay his due taxes and proudly boasts about it.

go report me to FBR ,

 

[volatile]

if current acc deficit is zero , why is dollar not coming down?

beauty ,Hornet nest .Current Account deficit being positive is a sign that major imports of raw material is curtailed in our case (no Exports increased) which means LSM is negative or struggling . Pressure on rupee is due to payment

 

[volatile]

'im under financial duress, will IMF help me?

obviously patriot forever gentleman has no idea .IMF is a major tool of Western world to curb the developing nations