‘Great news’: PM says Pakistan posted $447mn current account surplus in Nov

[AZADPAKISTAN2009]

Alot more to come! We need to make the inflow of the money easier and easier. People shouldn't be asked how the money comes into Pak. Follow the Switzerland approach. Make Pakistan Great Again.

I agree 100% with your mindset on this subject

The asking process is flawed , 99.99% people work to earn their living

 

[AZADPAKISTAN2009]

we must tight our imports many are just useless

View attachment 698801

More should be done in the Pharma sector considering how abundant Pakistan produces Scientist / Doctors

 

[Imran Khan]

More should be done in the Pharma sector considering how abundant Pakistan produces Scientist / Doctors

IT should be national efforts in every field to invent make and deliver kab tak bheek per jee sakty hain hum utho ab

 

[Norwegian]

Went full retard yet again, typical!

Why you patwaris believe IMF must give loan on Pakistani terms?

 

[ziaulislam]

First of all I would dispute your claim because Asad Umar refused to go to IMF and his refusal was largely based on his incompetence than anything else. Secondly, the deal that was eventually struck with IMF was only signed after Pakistan flatly bent over on all conditions, simply because by then there just wasn't time to delay any more.

Lol

When you have 24b$ deficit and 8b$ EXTENDED LOAN PRIVELEDGE in which 4b was already spent thus IMF could have just given 4b$(net) what would have IMF said???

You are poor at maths..IK WAS WRONG ASAD UMAR WAS RIGHT...I THINK IK WAS A FOOL ..

ASAD UMAR WAS RIGHT... IMF WOULD HAVE SAID DEVALUE IMMEDTELY TO LEVEL ENOUGH TO balance the books that would mean 200-250rs wide fluctuations for first few years leading to huge REAL GDP CONTRACTION...

Pick up any TV program any anaylst everyone was saying 200rs+..

What ASAD UMAR DID ...WAS HE BURNED TROUGH 15B dollars of cash to drag the CAD to 6b from 24b$(tv critics...asad umar is burning trough a billion dollars a month)

Only deaf and blind would not get this

However asad umar was wrong to refuse IMF in 2019 when CAD dropped to just 8b..because he was against 170 devaluation. He thought we will acquire equilibrium with around 145. He was right but wrong in sense that we will loose valuable amount of time with uncertainty and held investments.

Thus it was sweat spot that PTI choose even though BOTH IK (going too early) AND ASAD UMAR (going to late)were wrong..

 

[Mav3rick]

Why you patwaris believe IMF must give loan on Pakistani terms?

As I said, a regular youthia cannot fathom it let alone one gone full retard!

 

[Mav3rick]

Lol

When you have 24b$ deficit and 8b$ EXTENDED LOAN PRIVELEDGE in which 4b was already spent thus IMF could have just given 4b$(net) what would have IMF said???

You are poor at maths..IK WAS WRONG ASAD UMAR WAS RIGHT...I THINK IK WAS A FOOL ..

ASAD UMAR WAS RIGHT... IMF WOULD HAVE SAID DEVALUE IMMEDTELY TO LEVEL ENOUGH TO balance the books that would mean 200-250rs wide fluctuations for first few years leading to huge REAL GDP CONTRACTION...

Pick up any TV program any anaylst everyone was saying 200rs+..

What ASAD UMAR DID ...WAS HE BURNED TROUGH 15B dollars of cash to drag the CAD to 6b from 24b$(tv critics...asad umar is burning trough a billion dollars a month)

Only deaf and blind would not get this

However asad umar was wrong to refuse IMF in 2019 when CAD dropped to just 8b..because he was against 170 devaluation. He thought we will acquire equilibrium with around 145. He was right but wrong in sense that we will loose valuable amount of time with uncertainty and held investments.

Thus it was sweat spot that PTI choose even though BOTH IK (going too early) AND ASAD UMAR (going to late)were wrong..

I read your entire post and am convinced that you are not aware of the associated benefits; countries don't simply go to IMF merely for loan.....Pakistan could have gotten the 6 Billion in one go from Saudi Arabia and/or UAE or China etc., something that IMF never gave us. However, what IMF program does is give a green signal to other lenders and partners to confidently conduct business with a country. Asad Umar failed Pakistan there; as for IK, well he has been failing Pakistan even before he became the PM so no arguments there.

 

[ziaulislam]

I read your entire post and am convinced that you are not aware of the associated benefits; countries don't simply go to IMF merely for loan.....Pakistan could have gotten the 6 Billion in one go from Saudi Arabia and/or UAE or China etc., something that IMF never gave us. However, what IMF program does is give a green signal to other lenders and partners to confidently conduct business with a country. Asad Umar failed Pakistan there; as for IK, well he has been failing Pakistan even before he became the PM so no arguments there.

True
But IMF will also ask you to balance books
The very reason lenders get confidence is because you balance your books

Balancing books in 1 year instead of 2 years would have meant twice the inflation

Its simple math

 

[FuturePAF]

Alot more to come! We need to make the inflow of the money easier and easier. People shouldnt be asked how the money comes into Pak. Follow the Switzerland approach. Make Pakistan Great Again.

Especially if PM Khan’s team makes it crystal clear to the new Biden administration, that FATF and all other politically motivated roadblocks need to go. The. We can seek better refinancing on our loans and pay less interest on our external debt as well as make money transfers to the country a lot easier.