Mashallah more good news, historical trend upto 15%(decrease) in exports..!

[ziaulislam]

Good job by miftah ismail and Ishaq dar. We now see historical trends in exports with 15% change year over year (monthly data) and 1% change for the whole four months of thid year.

Thank for hardwork and service..
You can do better..
The whole nation is rooting for you..
We should be able to acheive the 250b$ target soon

 

[Areesh]

Khair hai yaar

@FOOLS_NIGHTMARE aur @muhammadhafeezmalik ki rozi roti to chal rahi hai na

Koi baat nahi

 

[Mugen]

Khair hai yaar

@FOOLS_NIGHTMARE aur @muhammadhafeezmalik ki rozi roti to chal rahi hai na

Koi baat nahi

Lantis who worship false gods like Sharifs and Zardaris have no answer, they are like rats.

 

[Pakstallion]

So sad seeing my country go down like this. May Allah make it rise back, despite the theives.

Laanat on #mirbajwa who lead us to this

 

[313ghazi]

What I've never understood is - if you have a strong successful economy, you have more revenue, and ultimately more money to plunder. Never understood why they deliberately sabotage the economy. These idiots are the type who slit open the goose that lays the golden eggs.

 

[Asimzranger]

 

[ghazi52]

.,,..,

Edible Oil Imports in Jeopardy After Banks’ Refusal to Provide Dollars​

Jehangir Nasir
Nov 18, 2022

The ghee and cooking oil industry Friday warned severe shortage of the commodity in the domestic market due to the refusal of commercial banks for providing US dollars to the importers of edible oil.

The industry has also hinted at the upcoming crises of the commodity in the local markets of the country.

Sources told Propakistani that the State Bank of Pakistan (SBP) has received a representation of the industry about the alarming situation of the expected shortage of ghee and cooking oil in the local market.

The industry has informed the Governor SBP that Pakistan is largely dependent on imports to the tune of over 90% to meet the national demand for edible oil.

Since mid-September, commercial banks have refused the importers of edible oil for arranging and providing US Dollars, hence, all the imported consignments are stuck-up and foreign suppliers are pressing hard to fulfill the contractual obligations at an early date or face the consequences such as late payment surcharge and cancellation of future shipments.

The ongoing situation is not a healthy sign and adversely effecting/damaging the image of Pakistan in the international trading arena, but may also result in a short supply of this staple food item in the domestic market. The situation is likely to aggravate in the upcoming month of Ramadan.

In view of SBP’s timely intervention and direction to all commercial banks to grant priority and provide USD to edible oil importers is inevitable and direly needed, to avert the looming crises.

The industry feels it most appropriate and its moral and national obligation in pointing out to SBP in time the crises in making and has suggested the direly needed remedy.

 

[Mugen]

What I've never understood is - if you have a strong successful economy, you have more revenue, and ultimately more money to plunder. Never understood why they deliberately sabotage the economy. These idiots are the type who slit open the goose that lays the golden eggs.

Exactly! But it's because these crooks only know how to loot, not create wealth, so they only loot. But what are our people doing? Why are they not rising up in numbers as they should be?

 

[truthseeker2010]

What I've never understood is - if you have a strong successful economy, you have more revenue, and ultimately more money to plunder. Never understood why they deliberately sabotage the economy. These idiots are the type who slit open the goose that lays the golden eggs.

The hen is old and wears uniform.

 

[Black Tornado]

https://twitter.com/x/status/1593516260247085058

 

[ziaulislam]

Pakistan will next be asian jaugaur
Previsouly it has remaine asian tiger, lion and cheetah

What I've never understood is - if you have a strong successful economy, you have more revenue, and ultimately more money to plunder. Never understood why they deliberately sabotage the economy. These idiots are the type who slit open the goose that lays the golden eggs.

Not really. The goal is short term heavy investment projects (for maximum kick backs like power plantstor roads and bridges) that require huge money which has to come from somewhere i.e taxing the manfacturing rather then their voter base which is business and retail

 

[N.Siddiqui]

DG ISPR presser: Good news for the country, since the textile exports are down by 15% the country will be saving lots of raw cotton to exported.

And there would be huge local surplus of textiles and prices will be cheaper locally. And this will help Bangladesh and India our neighbors to get the market share which Pakistan had, and helping the neighbors is a good thing, DG ISPR firmly believes in good relations with neighbors at the demise of the country.

 

[ziaulislam]

What I've never understood is - if you have a strong successful economy, you have more revenue, and ultimately more money to plunder. Never understood why they deliberately sabotage the economy. These idiots are the type who slit open the goose that lays the golden eggs.

Hence why we should make nawaz sharif king then he will care about long term and wont do short term scams

 

[TigerOfMysore]

.,,..,

Edible Oil Imports in Jeopardy After Banks’ Refusal to Provide Dollars​

Jehangir Nasir
Nov 18, 2022

The ghee and cooking oil industry Friday warned severe shortage of the commodity in the domestic market due to the refusal of commercial banks for providing US dollars to the importers of edible oil.

The industry has also hinted at the upcoming crises of the commodity in the local markets of the country.

Sources told Propakistani that the State Bank of Pakistan (SBP) has received a representation of the industry about the alarming situation of the expected shortage of ghee and cooking oil in the local market.

The industry has informed the Governor SBP that Pakistan is largely dependent on imports to the tune of over 90% to meet the national demand for edible oil.

Since mid-September, commercial banks have refused the importers of edible oil for arranging and providing US Dollars, hence, all the imported consignments are stuck-up and foreign suppliers are pressing hard to fulfill the contractual obligations at an early date or face the consequences such as late payment surcharge and cancellation of future shipments.

The ongoing situation is not a healthy sign and adversely effecting/damaging the image of Pakistan in the international trading arena, but may also result in a short supply of this staple food item in the domestic market. The situation is likely to aggravate in the upcoming month of Ramadan.

In view of SBP’s timely intervention and direction to all commercial banks to grant priority and provide USD to edible oil importers is inevitable and direly needed, to avert the looming crises.

The industry feels it most appropriate and its moral and national obligation in pointing out to SBP in time the crises in making and has suggested the direly needed remedy.

People are finding it hard to pay for kids education in foreign universities. Have to go through hoops to get dollar remittances done. I am concerned we are caught in the spiral that might be difficult to get out of.

 

[Goenitz]

We are now 80% at default risk..