Highest ever total exports in the month of March 2022 , up by 18% YoY to USD 3.74bn.

[M.AsfandYar]

50bn in three years will be better .

Ab bhool jayein Sir.

 

[Pakstallion]

If PMLN keeps with PTI policies there is no reason we can't continue. The pain of flexible exchange rate and inflation associated with it is the first 2-3 years but PTI already paid the political price of it. As long as they don't do idiotic things like Dar and fix rupee, keep Reza Baqir, we should be able to better. Inshallah 50 billion in 3 years is not impossible. Issue is with theives and mafias taking over it makes it much less likely. Hopefully its a short blip and IK gov comes back in 6-9 months, has a long course. with 50 billion exports and IT at 500 million a month would mean our chronic CAD would be gone. Even this year if Oil was usual price CAD in 9 months would be 700 million per month which is more manageable than what it is. Take out vaccines also which is another one time expense and sub 500.

 

[SD 10]

5 more years of Ik and everything would have been right in place!!!! Bajwa you are an idiot!

 

[hussain0216]

This is the reason why they had to take out IK now

They couldn't allow him to bring change and then benefit from the outcome, they needed to bring back the lanats so they could claim benefit from IK and PTIs efforts and our jahail awam would just accept it

 

[Wood]

To be fair, these exports will not be possible without the power production infrastructure built by Nawaz. Ironically, he is now villainized in a thread that should give him some credit.

 

[Ssan]

To be fair, these exports will not be possible without the power production infrastructure built by Nawaz. Ironically, he is now villainized in a thread that should give him some credit.

The IPP deals from nawaz era are one of the biggest setbacks in Pakistan. The cost of power is set way too high and contractually obligates that govts in the next 20 years will suffer from outrageous costs.

 

[Wood]

The IPP deals from nawaz era are one of the biggest setbacks in Pakistan. The cost of power is set way too high and contractually obligates that govts in the next 20 years will suffer from outrageous costs.

I know that by reading on this forum before. But what other options did Nawaz have? The textile industry was hightailing to Bangladesh like there was no tomorrow. Power blackouts from that time was killing them. Chinese gave this only deal and Nawaz bit the bullet. He took a gamble that the growth that will result from the power produced by CPEC industrial corridor will make the project profitable for all parties including the Chinese. While his plan was not a total success, Pakistanis should remember those tough times when they celebrate the bump in exports today

 

[Maula Jatt]

A- as long as miftah is there as FM and ishaaq dar stays the f out
I am hopeful that they won't drastically change the policies and SS himself said economy is his primary focus so he might get support
PMLN is well PMLn but thankfully the worst of them NS, Dar are out of the picture (don't know for how long)
B- for true changes I don't think opposition is capable of that- I'll be blunt

Best I am expecting from this coalition is hold the fort, don't change too many policies, try to not let this momentum die -

But in tht long term I just don't see it in them to bring true changes- (but imo if PMLn FM absolutely has to come than this current duo of SS, miftah is 10 times better than dar, NS duo)

I was looking at them (IK administration) and they were aggressively looking to build core industries like steel, petrochemical without whom true industrialization is not possible (no one in Pakistan realized it or cared for it )
because of lack of these core industries you'll be stuck in textiles, and IT, mining for extra cash flow

this would be your limit without those core industries, you'll never go beyond a certain point

 

[Ssan]

I know that by reading on this forum before. But what other options did Nawaz have? The textile industry was hightailing to Bangladesh like there was no tomorrow. Power blackouts from that time was killing them. Chinese gave this only deal and Nawaz bit the bullet. He took a gamble that the growth that will result from the power produced by CPEC industrial corridor will make the project profitable for all parties including the Chinese. While his plan was not a total success, Pakistanis should remember those tough times when they celebrate the bump in exports today

I would bite this argument if it was legitimate- it’s not. What we needed was what this govt did - we needed big dams. They take longer but actually solve problems. The IPP contracts were done as far as I can tell for two reasons. They were quick and it allowed Nawaz to give very lucrative contracts to his people.

A- as long as miftah is there as FM and ishaaq dar stays the f out
I am hopeful that they won't drastically change the policies and SS himself said economy is his primary focus so he might get support
PMLN is well PMLn but thankfully the worst of them NS, Dar are out of the picture (don't know for how long)
B- for true changes I don't think opposition is capable of that- I'll be blunt

Best I am expecting from this coalition is hold the fort, don't change too many policies, try to not let this momentum die -

But in tht long term I just don't see it in them to bring true changes- (but imo if PMLn FM absolutely has to come than this current duo of SS, miftah is 10 times better than dar, NS duo)

The truth is SS is quite a bit better than NS. Both of them are bad mind you. Yes Miftah is better than Ishaq Dar.

 

[Wood]

I would bite this argument if it was legitimate- it’s not. What we needed was what this govt did - we needed big dams. They take longer but actually solve problems. The IPP contracts were done as far as I can tell for two reasons. They were quick and it allowed Nawaz to give very lucrative contracts to his people.

What is wrong about the reasoning? How many dams have been completed at what cost by Imran?

Quick solution is what was needed for the time. If Nawaz has not taken this option, then Imran would have been forced to do this to put out the immediate crisis before long term plans like a dam can be conceived.

 

[Ssan]

What is wrong about the reasoning? How many dams have been completed at what cost by Imran?

Quick solution is what was needed for the time. If Nawaz has not taken this option, then Imran would have been forced to do this to put out the immediate crisis before long term plans like a dam can be conceived.

Again, this was a longer problem- it’s genesis was during Musharraf era. Altogether the PPP and PML-N had ten years to solve it but they were busy doing contracts to get kick backs. Ten years would have been plenty for dams to be done.

I think the fundamental problem of power shortage is not an issue of starting projects- it’s the political economy problem of circular debt and the economy being a command economy which is poorly commanded. Solve the circular debt issues and you solve power generation as private parties will build the plants. However, this means that you would have to pay higher prices for the short time. Instead, PPP and PML-N kept kicking that can down the road (and to a lesser extent so has PTI).

Or rather you will lose control over pricing and have higher prices for some time.

What is wrong about the reasoning? How many dams have been completed at what cost by Imran?

Quick solution is what was needed for the time. If Nawaz has not taken this option, then Imran would have been forced to do this to put out the immediate crisis before long term plans like a dam can be conceived.

PTI started a lot of dams - SS is trying to take credit for them now. At least, he is smart enough unlike his brother to realize their importance.

 

[Menace2Society]

IK needs to come back with a majority and continue his work. This was during covid pandemic.

Imagine what could be possible when global inflation is over.

 

[Wood]

Again, this was a longer problem- it’s genesis was during Musharraf era. Altogether the PPP and PML-N had ten years to solve it but they were busy doing contracts to get kick backs. Ten years would have been plenty for dams to be done.

I think the fundamental problem of power shortage is not an issue of starting projects- it’s the political economy problem of circular debt and the economy being a command economy which is poorly commanded. Solve the circular debt issues and you solve power generation as private parties will build the plants. However, this means that you would have to pay higher prices for the short time. Instead, PPP and PML-N kept kicking that can down the road (and to a lesser extent so has PTI).

Or rather you will lose control over pricing and have higher prices for some time.


PTI started a lot of dams - SS is trying to take credit for them now. At least, he is smart enough unlike his brother to realize their importance.

PTI could not have started Dams if NS had not built power production infrastructure to address the immediate crisis.

Circular debt problem has also been discussed a lot in this forum. If it was easy to solve, then everyone could have solved it. If one does not have a predisposition to believe that everyone who is not Imran is corrupt and inefficient, then the logical thought would be to believe that it is a difficult problem to solve. Has Imran solved this problem btw? I remember even reading recently that circular debt is still alive just like it was many years ago

 

[Ssan]

PTI could not have started Dams if NS had not built power production infrastructure to address the immediate crisis.

Circular debt problem has also been discussed a lot in this forum. If it was easy to solve, then everyone could have solved it. If one does not have a predisposition to believe that everyone who is not Imran is corrupt and inefficient, then the logical thought would be to believe that it is a difficult problem to solve. Has Imran solved this problem btw? I remember even reading recently that circular debt is still alive just like it was many years ago

Circular debt is a political economy problem of having a poorly commanded command economy. All political parties are at fault here but ofc, PPP and PML-N more so than PTI. IK did solve a bit of the problem by renegotiating the power deals, by starting dams, etc.

 

[Wood]

Circular debt is a political economy problem of having a poorly commanded command economy. All political parties are at fault here but ofc, PPP and PML-N more so than PTI. IK did solve a bit of the problem by renegotiating the power deals, by starting dams, etc.

Are you referring to the failed negotiation that IK tried to have with Chinese about power project cost?

The previous administration may have also tried to solve these problems. I do not know how quantifiable is Imran's success with this and how the problem is now compared to what it was 5 years ago. Maybe you know enough to explain with numbers