"Pakistani" - Foreign Federal Reserves Close in on 30 Billion USD, September 2021

[AZADPAKISTAN2009]

No wonder why PML is worried about tomatoes and sugar lately
The short term price adjustments may be a short term issue but seems like things are moving in right direction

$45 Billion to $50 billion would be great mile stone in 5 year PTI government

 

[Imran Khan]

kyaaaaaaaaaa ? mera sapna poora hony wala hai kya . if only these paksitnais stop buying and storing dollars from local market we can reach 50bn$ in 1 year .

 

[AZADPAKISTAN2009]

Reserves Rose factor 9 Billion Dollars between 2020 to 2021

So if we keep same focus

• Sept 2021 to Sept 2022 , we will see another 8-9 Billion Dollar Rise to 35 Billion
• Sept 2022 to Sept 2023 we will see another 8-9 Billion Dollar , Rise to 43 Billion Dollars

This of course means the Government Policies are working positively

 

[Pandora]

Loans are no way to ramp up dollar reserves. Although our Debt to GDP ratio has gone down it is still very high. Should aim to lower it to 60% of GDP.

 

[Moon]

Loans are no way to ramp up dollar reserves. Although our Debt to GDP ratio has gone down it is still very high. Should aim to lower it to 60% of GDP.

What's the new ratio? Has it actually gone down?

 

[AZADPAKISTAN2009]

Pretty impressive specially knowing PTI , Imran Khan Government has also introduced a proper Health Card System and Coverage for basic medical expenses

> Health System Test Run in KPK (Provincial Government first term )
> Health System expansion to other provinces in Pakistan current term
> Panah Gah (Free Shelter and food scheme for poor homeless workers)
> Mobile Food Trucks , to cook and feed people who can't afford it
> Billion Tree Tsunami projects
> New Business Small Loans
> Home Purchasing Loan Scheme , with Cooperation with Banks (Providing Legislative Changes to offer protection for Banks so they feel confident to loan funds to Citizens who have active Job)
> Roshan Digital Account Scheme for Overseas Pakistani , to help send funds to their family and invest in Pakistan
> 8% Profit Investment Certificates

Nawaz Sharif of course prefers to be treated in UK, Mr Yellow Cab Scheme , suggested every one should drive taxi

 

[Pandora]

What's the new ratio? Has it actually gone down?

It was 87% of GDP in june 2020 and went down to 83% mainly due to appreciation of rupee but it might go up again if dollar is not brought back to 160 mark.

 

[Clutch]

The Pakistani rupee needs to be stabilized... It's crashing...

That will erase all net benefits with foreign exchange reserves..m

 

[AZADPAKISTAN2009]

The Federal Reserves are in Dollar

I personally wish we also had Federal Reserve in Precious Metals as well

• Gold
• Silver

Health card along introduced by Imran Khan and PTI gives poor people , 10 Lakh Rupee coverage for Medical expense

1,000,000 Rupee = 6,000 USD Coverage per year per person

> For Doctor's Fee
> X-Rays
> Medicine
>Covers conventional illnesses
> Access to Private & Public Hospitals you can also go to a Hospital for Rich people

Today if head of house hold gets sick , they can be sure their family is not burdened with extra expenses


Sure the , electricity bill may be rise by 1-2 Rupee or 10 rupee
May be The petrol will be 2 rupee higher
May be the Roti will be 10-20 Rupee more

But the government is also giving people 10 Lakh , Medical Health card coverage

 

[Hakikat ve Hikmet]

With further Afganistan consolidation, thanks to the Taliban supported by China, fiscal stuffs will get even better....

 

[Silverblaze]

The Federal Reserves are in Dollar, I personally wish we also had Federal Reserve in Gold and Silver

Health card along introduced by Imran Khan and PTI gives poor people , 10 Lakh Rupee coverage for Medical expense

1,000,000 Rupee = 6,000 USD Coverage per year per person

> For Doctor's Fee
> X-Rays
> Medicine
>Covers conventional illnesses
> Access to Private & Public Hospitals you can also go to a Hospital for Rich people

Today if head of house hold gets sick , they can be sure their family is not burdened with extra expenses


Sure the , electricity bill may be rise by 1-2 Rupee or 10 rupee
May be The petrol will be 2 rupee higher
May be the Roti will be 10-20 Rupee more

But the government is also giving people 10 Lakh , Medical Health card coverage

The question is are these programs being run transparently to benefit the people?

If a corrupt and incompetent bureaucracy is in charge, success cannot be guaranteed.

Sadly, corrupt parties are making a come back PTI is under serious threat.

 

[FuturePAF]

The Federal Reserves are in Dollar, I personally wish we also had Federal Reserve in Gold and Silver

Health card along introduced by Imran Khan and PTI gives poor people , 10 Lakh Rupee coverage for Medical expense

1,000,000 Rupee = 6,000 USD Coverage per year per person

> For Doctor's Fee
> X-Rays
> Medicine
>Covers conventional illnesses
> Access to Private & Public Hospitals you can also go to a Hospital for Rich people

Today if head of house hold gets sick , they can be sure their family is not burdened with extra expenses


Sure the , electricity bill may be rise by 1-2 Rupee or 10 rupee
May be The petrol will be 2 rupee higher
May be the Roti will be 10-20 Rupee more

But the government is also giving people 10 Lakh , Medical Health card coverage

We should look into resolving the RekoDiq matter and get overseas Pakistanis to invest in a consortium in mining the gold and put some in the national treasury.

 

[AZADPAKISTAN2009]

I am generally happy , would like to see PTI complete the full 5years
Then will see the metrices

Quite happy with progress, after knowing the Federal Reserve Values

a) Federal Reserve Levels
b) Revenue Collection Improvements for Provincial Entities
c) Roll out of few more Transport projects in Sindh (Railway / Bus System)

Import / Export Balance , certainly would be nice to see how this improves in next 2.5 years

 

[koolio]

It's good to see Federal reserves going up, but then stunted growths will vote for status quo again in next elections, all the gains from PTI will be wiped out and then Pakistan will be back to square one with the corrupt beasts.

 

[Indos]

It's good to see Federal reserves going up, but then stunted growths will vote for status quo again in next elections, all the gains from PTI will be wiped out and then Pakistan will be back to square one with the corrupt beasts.

The increase of reserve may come from this IMF move

IMF delivers fiscal firepower

On August 23 the IMF released a historic $650 billion allocation of Special Drawing Rights (SDRs)

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