Pakistan’s Trade deficit skyrockets to historic high

[Sine Nomine]

Take a look at what the chinese are doing in pakistan. Look at the trade imbalance. Import subsitution cant take place with cheap chinese imports.

Import of CPEC related goods with duty off has helped us a lot in achieveing this milestone.

 

[Nothing]

Import of CPEC related goods with duty off has helped us a lot in achieveing this milestone.

How much that stuff ended outside CPEC projects? Another scandal in making.

 

[Sine Nomine]

How much that stuff ended outside CPEC projects? Another scandal in making.

That's our trademark,who can make us to deviate from that path of bringinh loss for Pakistan.

 

[JazbaEKashmir]

Tht

Pakistanis be like,

"I wanna buy this"

"And this"

"Oh this too"

"Wait, did I buy this"

.......

"Hold on, no more money left for chotu's school"



On a serious note, Pakistan need to stop importing and start working. Why would a nation of 220+M humans import so much? Why can't they produce?

Tht is bcuz Baahif sey paisa aa jaye ga.
Eg. no 1 the village or city area works but 1 person overseas feeds all relatives. Even the ones which are NOT born yet. When pardesi ppl leave back 2 EU UK US Scandinavia then own bloody familymembers become insane 2 shop left right over consume eat drink.
Just a shooda pan 2 show that they are in miserable state of life to beg help from overseas Pakistani familymembers. Better 2 donate money via Edhi Foundation than OWN blood familymembers that are injust corrupt & loot money by emotionsl blackmailing. Yepp, happend 2 me & my family. 5 mill rs 'gone' within 7 years from agriculture investments. Buy Alhamdulilah did chance 2 beat cousins & humilista them infront of their local area friends. Their 'izzat' aka reputation is over & ppl curse them too. Just like shareef bhutto zarfari dynasties being cursed by Pakistani nation.
I believe in zero tolerance & showing a hard fist. Ready 2 be used.

 

[American Pakistani]

Tht



Tht is bcuz Baahif sey paisa aa jaye ga.
Eg. no 1 the village or city area works but 1 person overseas feeds all relatives. Even the ones which are NOT born yet. When pardesi ppl leave back 2 EU UK US Scandinavia then own bloody familymembers become insane 2 shop left right over consume eat drink.
Just a shooda pan 2 show that they are in miserable state of life to beg help from overseas Pakistani familymembers. Better 2 donate money via Edhi Foundation than OWN blood familymembers that are injust corrupt & loot money by emotionsl blackmailing. Yepp, happend 2 me & my family. 5 mill rs 'gone' within 7 years from agriculture investments. Buy Alhamdulilah did chance 2 beat cousins & humilista them infront of their local area friends. Their 'izzat' aka reputation is over & ppl curse them too. Just like shareef bhutto zarfari dynasties being cursed by Pakistani nation.
I believe in zero tolerance & showing a hard fist. Ready 2 be used.

Unfortunately, very sorry to say that but many in Pakistan want to just sit and eat and make kids. They passionately blame and point fingers at politicians or some other bogeyman but run away from their own responsibilities. Countries like India, Bangladesh, Vietnam who were once way behind Pakistan are now way way ahead because their people along with their government worked together to make their nations prosper.

 

[Kuru]

Pakistan's current economic status is extremely worrisome. I hope IMF intervenes before it's too late.

It will be alright though. I guess we need to wait for a couple of more years to realise that CPEC has brought so much development and advancement in Punjab.

 

[SunilM]

Foreign exchange: SBP's reserves fall below $9.5b as concerns rise

KARACHI: Foreign exchange reserves held by the State Bank of Pakistan (SBP) plunged 3.16% on a weekly basis, according to data released by the central bank on Thursday, raising concerns over the country’s ability to finance a hefty import bill and meet debt obligations in coming months.

On July 6, foreign currency reserves held by the central bank were recorded at $9,479.5 million, down $309.3 million compared with $9,788.8 million in the previous week.

The decrease was due to external debt and other official payments, according to the SBP statement.

https://tribune.com.pk/story/1756320/2-foreign-exchange-sbps-reserves-fall-9-5b-concerns-rise/

The fact is Pakistan is again asking China for more money and literally threatning/blackmailing them that in case they dont give money, pakistan will have to approach imf which would mean disclosing the details of CPEC. The real fores reserves are now a mere 3.5 billion dollars as 6 billion is the loan taken by SBP from commercial banks.

 

[Kuru]

more money and literally threatning/blackmailing them that in case they dont give money, pakistan will have to approach imf which would mean disclosing the details of CPEC. The real fores reserves are now a mere 3.5 billion dollars as 6 billion

Why should China care if the CPEC details are disclosed? China is doing a all the work here. In fact, its pakistan who would not like the details to be made public.

 

[SunilM]

Why should China care if the CPEC details are disclosed? China is doing a all the work here. In fact, its pakistan who would not like the details to be made public.

I beg to differ. The terms could cause embarrasment vis a vis other obor states amd their image in pakistan could he at stake, otherwise there would be no reason to hide details of contracts worth billions of dollars, specially in a democracy.

 

[Kuru]

I beg to differ. The terms could cause embarrasment vis a vis other obor states amd their image in pakistan could he at stake, otherwise there would be no reason to hide details of contracts worth billions of dollars, specially in a democracy.

Yes that's also an angle. And if this is true then China will just give in to Pakistan's blackmail and probably throw a few million dollars. Or may be throw enough money to stop the IMF come into the picture. Interesting times ahead.

 

[HariPrasad]

good its mean we spend more then we earn lollllz pakistani style of life .why stay poor and having hard life ?

By the way in profession are you sir?

 

[Imran Khan]

By the way in profession are you sir?

daru ka theeka ahai apna

 

[HariPrasad]

daru ka theeka ahai apna

Bahot badhiya sir ji. Aisa dhandha dunmiya main koi nahi. Paise ka paisa aur upar se maze ka maza. You are a very luck fellow. The only question is that whether it is not Haram in Islam?

 

[Imran Khan]

Bahot badhiya sir ji. Aisa dhandha dunmiya main koi nahi. Paise ka paisa aur upar se maze ka maza. You are a very luck fellow. The only question is that whether it is not Haram in Islam?

regional maintenance and development manager in multi national chain based in USA .

 

[HariPrasad]

regional maintenance and development manager in multi national chain based in USA .

Kya baat hai sir ji. But I am disappointed to learn that you do not have theka. Jo baat Theke main hai woh aur kisi main nahi.