Pakistan’s inflation rate jumps to 7.19 per cent in January 2019

[randomradio]

Huh.. He wasn't grabbed from his home and sent to adiala straight away.. There was an entire legal case against him. Both sides presented evidence. Have you even read the national accountability bureau of 2000 which has the entire procedure of such proceedings laid out along with rights of appeal of evidence... You can of course disagree that the laws are imperfect but what can't is that due process was not followed, it was due process that saw his bail being accepted and his appeal being heard.. ask any lawyer on your vicinity whether a person getting bail bcz the impugned order has been placed on hiatus is due process or not.. I blame indian media here. :p :p

If due process was followed, they would have let him go based on lack of proof, not jailed him on a whim.

 

[Yaseen1]

things will become more evident in 2yrs due to inflation people have no savings left to invest to cause growth as no new jobs are created by govt but joblessness has increased in last 6 months if inflation increase with increase in people earning and jobs then growth increase but here situation is opposite.Development budget has already reduced by govt so even if they stop printing notes it may not effect more as poor people earning is not increasing and they have nothing to spend and people living standards are becoming worst everyday

because its lag factor...

the fiscal deficit of last year (printing notes) will be visible now..
if govt print notes today and distribute to people in form of pay and labor when do you think rupee will loose value..not today but over next 6-7 months when people spend that money...

similarly, govt overnight cant decrease printing notes SUDDENLY..this year the plan is to keep deficit at 5% of gdp(1500 billion rupees) of printing money..last year it was almost 3000 billion (7~% plus 3% in power sector)..this it itself is a huge adjustment..if you suddenly stop printing notes you will start with negative 600 billion rupees budget!

---
this is not rocket science. its taught to 8th level students in the rest of the world..

lastly, an inflation of 4-5% will always be needed to stimulate growth so people just dont keep money but invest in savings though current 7% is high brief period of artifical 3% in PML N era was also bad which led to historical decrease savings and led to increase foreign capital causing increase Current account deficit

 

[saiyan0321]

If due process was followed, they would have let him go based on lack of proof, not jailed him on a whim.

NAB laws parho. NAB act of 2000. He was not jailed on a whim bhai.. If you find any irregularity in that act then you need to question Why a 2/3rd majority govt in its five years didn't amend it? Or a coalition govt for five years did not amend it?

I will tell you this. The act was followed fully which means the procedure laid down in law was followed.. Read the act then the proceeding of the case then the assembly debates on amendment for the act.

If you continue to believe that it was not then that is your opinion not a fact...

 

[ziaulislam]

things will become more evident in 2yrs due to inflation people have no savings left to invest to cause growth as no new jobs are created by govt but joblessness has increased in last 6 months if inflation increase with increase in people earning and jobs then growth increase but here situation is opposite.Development budget has already reduced by govt so even if they stop printing notes it may not effect more as poor people earning is not increasing and they have nothing to spend and people living standards are becoming worst everyday

you are talking non sense...in short pakistan has to have more productivity rather than more spending, productivity will come with investment..by reducing fiscal deficit and current account deficit, foreign investment and in turn making ease of business will lead to more investment and saving..it has to be private led investment not govt led debt driven investment...

signs of above are already visible as all negative trends have arrested, check the January 2019 exports, private lending has gone up and business community has unanimously appreciated the current reforms, current account deficit, fiscal deficit.. are all going down

inflation will remain 7-10% in next couple of years but inflation itself doesn't cause decrease in saving, higher interest rates to certain degree has more saving impact...

since 2016 i was telling PMLN performance will be worse than PPPP and people use to mock me, in 2017 people use to suspect this and 2018 it came out to be true

 

[Yaseen1]

so far all the claims of investment are false rather figures show that Foreign direct investment is decreased and there is no new job creation which endorse this fact that no private sector investment and business is flourishing in Pakistan otherwise we see massive new jobs most of investments are only on papers and same investments were claimed by pmln during their tenure and there is high uncertainty about whether they will become reality and implemented or not

you are talking non sense...in short pakistan has to have more productivity rather than more spending, productivity will come with investment..by reducing fiscal deficit and current account deficit, foreign investment and in turn making ease of business will lead to more investment and saving..it has to be private led investment not govt led debt driven investment...

signs of above are already visible as all negative trends have arrested, check the January 2019 exports, private lending has gone up and business community has unanimously appreciated the current reforms, current account deficit, fiscal deficit.. are all going down

inflation will remain 7-10% in next couple of years but inflation itself doesn't cause decrease in saving, higher interest rates to certain degree has more saving impact...

since 2016 i was telling PMLN performance will be worse than PPPP and people use to mock me, in 2017 people use to suspect this and 2018 it came out to be true

 

[Nasr]

View attachment 537612

The inflation that afflicts Pakistan's economy, is as a result of corrupt political parties in powers, who are liars, thieves, thugs and illiterates. That buffoon zardari and that idiot nawaz, plus their known associates have wrecked Pakistan's economy. Pakistanis may or may not realize this, but Pakistan faces threats of sabotage from various enemies. Recognizing that Pakistan faces threats from multiple trajectories is the first step in doing something to thwart and then eliminate the threats. One more thing to understand is that corrupt elements germinate in any party. Understanding this will aid in Pakistan's success in defeating those threats. Domestically, it is persons and groups within each party which are corrupt, due to greed, hunger for power and control. 90% are motivated by greed. It is the responsibility of each party to eradicate corruption from within them. Failure to do so, will destroy them. It isn't a probability, rather a certainty.

Pakistani people have been presented a very rare opportunity to bring about change in their country. This opportunity is in the shape of CPEC, of Prime Minister Imran Khan and his Cabinet. It is crucially important for Pakistanis to know one thing, to seek out your own innovative ideas and show your country what you can do to make Pakistan succeed. Every nation which has succeeded economically in modern history, has done so by large segments of the population driven by the need to excel. Japan, South Korea, Malaysia and China are primary examples. So Pakistanis must group up, pull their own resources, develop plans, ideas, mechanisms and build prototypes or pilot projects that show their success in order to prove to the Government of Pakistan that they can match any nation. But for that Pakistanis need to be hungry for success and need to be driven by ambition. There is no doubt in my mind that Pakistanis have it in them to recognize that they are MUSLIM, and in doing so, that they're NOT Punjabi, Muhajir, Sindhi, Baluchi, Pukhtun or Gilgit-Baltistani. The sooner the young generation adopts this approach, the faster Pakistan shall lead from the front in its economic recovery and progress, in-sha-Allah.

 

[Champion_Usmani]

Views of Trader Community...

https://twitter.com/x/status/1094162090376511489

Views of Economist Ashfaq Tola...

https://twitter.com/x/status/1093941370572685312

Ashfaq Tola sab exposing another falsehood of PTI...

https://twitter.com/x/status/1049741062896578561

 

[Champion_Usmani]

Views of Mehmood Sadiq...

https://twitter.com/x/status/1093843145622802432

 

[Chanakyaa]

@Windjammer This is the Real Issue of Pakistan. Try editing your Google Alerts.

 

[Champion_Usmani]

What a logic...

https://twitter.com/x/status/1094664899383435271

 

[Champion_Usmani]

Wow cheap tactics by PTI govt. this is what we call "Khasyani billi khamba nochay".

https://twitter.com/x/status/1094574706328506368

https://twitter.com/x/status/1094574740478574592

https://twitter.com/x/status/1094574775945650176

https://twitter.com/x/status/1094574782966837248

 

[AgNoStiC MuSliM]

So perception matters a lot. A strong civilian leader helped create a perception that the civvies were actually in control.

Given Pakistan's power dynamics, both PMLN and PPP governments were considered to not have much influence in certain critical spheres because of their acrimonious relationship with the military. In that sense, the fact that the PTI is presumed to have an excellent working relationship with the military actually projects the impression that they are in far more control than the PMLN and PPP governments. So your argument that the Chinese would prefer to work with a civilian government that appears to be in control would support a stronger relationship with the PTI government than the PMLN or PPP.

IK, otoh, is not stable. He started off as a moderate politician, so he actually had supporters even in India. But then he quickly became Islamicised and is now largely considered a mullah. His perception outside Pakistan is at rock bottom. He is now largely seen as a PA puppet.

The only people that consider IK a Mullah are the marginal extreme left liberal brigade in Pakistan and their followers in the West. Imran Khan's positions on various issues, and his actions so far in government, cast him as being far less of a Mullah than even the PPP and PMLN. His strong relationship with the military is in fact an advantage in terms of the PTI having the flexibility to bring about reforms and implement policies that might be unpopular.

With respect to the 'PA puppet' part, there remains absolutely no evidence of that. Imran Khan has always been extremely stubborn and independent, if he's getting along with the PA it's because they share (for now) the same goals of improving governance, economy and acting against corruption.

Here's why you face problems:
https://www.thestar.com/opinion/con...-is-being-held-back-by-its-mullah-ocracy.html

Sharif had broken out of this mould, but PA decided to put him away for good instead. And now we have Imran-Mullah-Khan running Pakistan.

Sharif never broke out of this mould. Before the final operations in FATA against the TTP, the PMLN was begging the TTP to spare Punjab. They capitulated to the TLYRA fanatics. They had no spine to take on the Mullah's then or now. The PTI in contrast openly denounced the TLYRA for inciting hatred and mutiny after the Asia Bibi verdict and arrested the TLP leadership. Imran Khan, even though he had to back down under public pressure, tried to bring on board leading Ahmadi minds into his government.

IK may wear his religion on his sleeve, but he is far from a Mullah. He actually has the correct recipe for today's Pakistan - wear Islam proudly and use moderate Islamic teachings to push for reform, reform that moderate Islam supports, and reform pushed in this manner has a much higher chance of social acceptance and popular support within Pakistan.

The Dawn leaks significantly strengthened Sharif. It wasn't an accident, it was a deliberate leak from the Sharif govt.

It was an extremely stupid move. Underhanded moves to malign the most powerful and popular institution in Pakistan, an institution that the PMLN already had a history of poor relations with, was always going to backfire in the long run. The only way for a civilian government to get stronger and more influential than the military is for them to deliver on governance. That is how the Turks did it and that is how Pakistan will have to do it. Leaks, gossip and underhanded tactics to malign the military are not going to work.

Sharif lost power by the end of 2016. The govt itself had become toothless by then, without the ability to deal with the rising deficit.

Zardari and Sharif's economic policies over the previous several years are what brought about the rising deficit - it didn't occur out of the blue at the end of Sharif's term. The PTI came in when the PPP and PMLN had already brought things to a point that they were spiraling out of control

What happened here is neither Sharif's nor IK's fault. Who else do you think is running Pakistan? Why do you think Sharif is being made the scapegoat?

With respect to the economic situation today, it is absolutely Zardari and Sharif's fault - what they and their political parties did in terms of economic mismanagement over ten years of running the country is the reason Pakistan is where it is today.

It was a kangaroo court, using made up theories and not actual proof to deliver the verdict. In a real court, the case would have been quashed by a real judge on the very first day.

Do you even know how he was "proven" to be corrupt?

How was it a Kangaroo court? The current judicial process was the result of negotiations and legislation passed by the PPP and PMLN back when Musharraf was getting kicked out. The judges are not appointed by the military, but appointed and promoted under a system the PPP & PMLN led political system brought about. Just because you disagree with the verdict does not make it a 'kangaroo court'.

 

[Champion_Usmani]

IMF's satanic Debt cycle...

https://twitter.com/x/status/1094831913628520449

https://twitter.com/x/status/1094474302278246400

Agreed...

https://twitter.com/x/status/1094804542649118720

 

[jupiter2007]

Your primary economic problem is the trade with China. Imran Khan doesn't have the kind of influence with the Chinese that Sharif did.

What Imran Khan did is apply band-aid. The real problem is yet to come, when you have more loans to pay back and the trade deficit will stay the same, maybe even increase.

What are you suggesting? What leverage did Nawaz had? Taking loan on high interest?
What can IK do? He can try to audit the projects and try to renegotiate the loans.
Only way to fix trade deficit is to ask China to invest in Pakistani industries, we have cheap labor compare to China. Pakistan also need to increase export to China.

 

[AgNoStiC MuSliM]

If due process was followed, they would have let him go based on lack of proof, not jailed him on a whim.

He wasn't jailed on a 'whim', he was jailed per the laws and processes laid out. As @saiyan0321 pointed out, the laws might be flawed, but the laws were followed and so long as the laws (however flawed) were followed in terms of the arrest, bail hearings, prosecution, sentencing, appeals etc etc, then due process (with respect to Pakistani laws and the Pakistani constitution) was followed.