Pakistan Ka Beta
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Pakistan stock market claims highest profit ( Rs 258 Billions ) in 10 years - PTV News
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Pakistan Space Agency
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After devaluing the currency like theres no tomorrow, they're now counting profits in Rupees. Cheap stunts by the incompetent PTI Government.
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Riz
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Dont say if u don’t know anything regarding devaluation of Rupee, whole world knows how we were controlling the value with illegal throwing dollars into open market by lohar and company , Now dollar has its original value which was due long ago
Wouldnt be surprised if most the share in this figure is because of the companies that IK accuse of being Mafias (e.g sugar mafia ). Govt has failed miserably in keeping the price of basic commodities under control which has led to these companies making billions and now the govt is shamelessly presenting it as some kind of achievement.
Riz
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Let me explain you why prices of sugar and flour went high, before IK official rate of the per/40kg wheat was 600 Rs mean Rs.15/kg , now farmers selling wheat @Rs-2600 /40Kg mean Rs. 65/kg, and country which have 70% population belongs to villages directly benefited by great leader imran khan, same goes with sugarcane farmers , this is why prices went up , this is not corruption but this was farmers right who been badly sucked by lohaar mafia
AZADPAKISTAN2009
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Reforms help in Long Run , full support behind PTI , Pakistan Government to help reform system
Riz
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Inshallah
Mugen
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Many Pakistanis are working overtiime to ensure their fat leader is back in business sooner than that. May god save Pakistan from Pakistanis.
Verve
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Exports are in $ ... devaluation should have decreased the dollar export amount then too instead exports are at the highest in history ... what happened there Mr Economist?
Meliodas
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This doesn't mean that people investing in psx good day profits but that profits of companies listed increased. This shown without inflation adjustment is worth less than a donkeys
Pakistan Space Agency
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Peaceful Civilian
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Good to see government is doing effort to decrease imports . Government should take steps to encourage investment, we need cash inflow , we need to increase our foreign reserves.
Pakistan Space Agency
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This is what happened back then:
24-May-2017: KSE 100 reaches record breaking 52,876.46 points.
This is where we are today:
07-January-2022: KSE 100 closes at 45,346 points.
If devaluation of Rupee has nothing to do with exports then why on Earth has the incompetent PTI Government has been chanting for the last three-years that the Rupee needs to be devalued in order to increase exports?
Verve
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You want everything to be compared in dollar terms so explain the increase in exports in $ during PTI gov and decline during PMLN gov?
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