PM Imran Khan revived textile export industries of Faisalabad

[ziaulislam]

Wow! This post should be elaborated upon in another thread. Gives a sweeping history of what's been going on in Pakistan over last several years. Thank you.

well i have posted this several times..
the whole problem of Pakistan can be summarized one word "state bank lending also known as fake note printing"

this is done usually at end of each govt to generate enough funds for heavy spending and growth...the counter effect of note printing is inflation but that is controlled via artificial interest rates. The end result of all this is current account deficit

this time and tested formula has won PMLN several govts and therefore, it will do it again as mentioned by Maryam so i do expect we having same policies in 2025 and ending up with IMF again in 2028

see this for example..the red is note printing..its worse in 2018-19 simply because PTI had to first adjust the interest rates and then print more notes to pay that interest
but this year it has been zero just like under IMF in 2013-2105

 

[Norwegian]

This is good news but this is primarily due to end of energy crisis

Nope. Energy crisis as left by your favorite previous govts is still there. Electricity price in Pakistan is still highest compared with regional competitors. Govt is forced to give subsidies to exporters for this turn around.

You have quoted data in PKR. Devaluation of PKR may have major effect then government policy or incentives. The devaluation was around 30% while increase in exports is less than that 10%.

The overall exports in USD are roughly the same. USD 25 billion in 2017 to USD 28 billion in 2019. Compared to 2018 the exports slightly dropped in 2019.

Your inner Patwari awakened. All productivity growth is measured in local currency. If you artificially maintain low dollar price (as your favorite absconder Ishaq Dollar did), would this show higher exports in dollars?

a CEO of a textile mill once told as i know him very closely that in APTMA meetings dar used to literally abuse them as they were begging for the revival of textile industry.

That's why Sharif family mafia should have been hanged during 1999 coup.

Dar use to say "if dubai can run on deficit why cant we.."
He said "we dont need exports.."

He said "we just need consumption and exports will work out it self

"What the issue if deficit runs in 3-4b ..i can get 100b more in foreign loan and run the country for another 20 years.."

Lesson to be learned: never hire an accountant for the economists job

The ultimate conseus was that PMLN will not win 2018 election and best case will be to bankrupt the country in 2019 and force establishment to give them the keys afterwards..

It was an ideal plan as a bankrupt country the establishment will be veey weak and people very angry..thus army can finally be made into punjab police ..

The only ptoblem was nobody realized the BEGGING capacity of imran khan
Who begged 20b $..shameful but necessary

Stretched the devaluation over a year, burned that 10-15b$ ..bought CAD to level where IMF will not demand a huge devaluation and stablized it further

Establishment rigged 2013 elections and brought Sharif mafia to power. Then they gave NROs to traitors Nawaz Sharif and Ishaq Dollar by allowing them to leave the country permanently.

i m soo sad to say that our foreign minister just messed it up all

Then why foreign minister is not fired from his job?

this time and tested formula has won PMLN several govts and therefore, it will do it again as mentioned by Maryam so i do expect we having same policies in 2025 and ending up with IMF again in 2028

Sharif family mafia will not be brought to power ever again. They have done enough damage to Pakistan since the 80s. It's the duty of every patriot to do everything in their capacity to stop Sharif family mafia from ever coming anywhere near power corridors again. Call out the judges, lawyers, media persons, even men in the establishment who are supporting Sharif family mafia secretly or openly. Name and shame them all over the internet. Inform the people that this mafia is the very threat to Pakistan's future and stability.

 

[Dual Wielder]

Call out the judges, lawyers, media persons, even men in the establishment who are supporting Sharif family mafia secretly or openly. Name and shame them all over the internet. Inform the people that this mafia is the very threat to Pakistan's future and stability.

My thoughts exactly, there should be a thread dedicated to traitors, where all their crimes should be summarised, my fear is if they are given another chance the federation will fall appart.. it's already in ICU, hanging by the thread.

 

[Pan-Islamic-Pakistan]

Us Faisalabadis... ❤s to Imran Khan.

 

[ziaulislam]

Nope. Energy crisis as left by your favorite previous govts is still there. Electricity price in Pakistan is still highest compared with regional competitors. Govt is forced to give subsidies to exporters for this turn around.

Your inner Patwari awakened. All productivity growth is measured in local currency. If you artificially maintain low dollar price (as your favorite absconder Ishaq Dollar did), would this show higher exports in dollars?

That's why Sharif family mafia should have been hanged during 1999 coup.

Lesson to be learned: never hire an accountant for the economists job

Establishment rigged 2013 elections and brought Sharif mafia to power. Then they gave NROs to traitors Nawaz Sharif and Ishaq Dollar by allowing them to leave the country permanently.

Then why foreign minister is not fired from his job?

Sharif family mafia will not be brought to power ever again. They have done enough damage to Pakistan since the 80s. It's the duty of every patriot to do everything in their capacity to stop Sharif family mafia from ever coming anywhere near power corridors again. Call out the judges, lawyers, media persons, even men in the establishment who are supporting Sharif family mafia secretly or openly. Name and shame them all over the internet. Inform the people that this mafia is the very threat to Pakistan's future and stability.

Key is central punjab..
If PTI can even get 1/3 seats in central punjab.

Although KPK, south punjab & karachi will be enough but it would be a buffer ss south punjab has electables

 

[Microsoft]

IK should have been given a medal of honor for using every thing he got to get pakistan out of this mess
he drove there fuking card became a choufer
but for this country
still people abuse him
people need to open there eyes
i m personaly in knowledge of some minutes of one meeting which a friend told me how ik practically begged mbs for 9 billion package
mbs didn’t expect that big celebrity to say wht he said
jamal khashogji was a blessing in disguise
that guy was our savior if i must say
the childhood friendship between shiekh muhamad maktoom played a role too
but all this wasn’t even possible without rahil shareef sitting in riadh
i m soo sad to say that our foreign minister just messed it up all
with one statement
we were to receive soo much more
cant go in details but if those plans went ahead
regional dynamics would have changed militarily and economically

There's nothing messed up if it ends Pakistan's reliance on some other country. Pakistan needs to forget this "ally will help" mentality.

 

[Norwegian]

Key is central punjab..

Central Punjab is full of Khota Biryani consumers with people endorsing Darnomics. It won't be easy to change their minds. Maybe an education emergency in Central Punjab might help.

There's nothing messed up if it ends Pakistan's reliance on some other country. Pakistan needs to forget this "ally will help" mentality.

Pakistan was literally bankrupt in 2018. If it wasn't for these allies, dollar would be trailing at 200 Rs and beyond.

 

[Microsoft]

Pakistan was literally bankrupt in 2018. If it wasn't for these allies, dollar would be trailing at 200 Rs and beyond.
View attachment 689990View attachment 689991View attachment 689992View attachment 689993

And these same allies gave kick backs to crooks like Nawaz Shariff and his band for deals that made Pakistan basically subservient to them. With allies like that who needs enemies?

 

[Awan68]

Get into an IMF program, get minimal stability, start import consumption, this lasts for 5 yrs, at the end of the fifth, country is near to bankruptcy, go to IMF again, get limited stability and repeat again. This could only have lasted for so long, Pakistan would have gone bankrupt long ago but it sustained uptil now due to its huge population. This was economic terrorism against the state, specially the last tenure of PML N, in any other country, they would be tried for treason.

 

[Meengla]

Stability is THE key guys, stability!
In Pakistan, the 1950s so much political upheaval that a Martial Law was imposed by Ayub Khan. Whether we like it or not, the stability allowed Pakistan to become a country on path to becoming a prosperous country in not so distant future. Even the 1970s was relatively stable: ZAB revived an utterly shattered Pakistan and there is no question that despite the debacle of Nationalization, Pakistan rose up on its feet again. The growth rate may have been 2-4% percent but India's wasn't much better either but Pakistan was recovering from a brutal war and secession. I bet most other countries in the world would have fallen apart in a civil war or unending political upheaval. But Pakistanis made a new social contract in the form of the 1973 Constitution which is still the binding glue!! Let's sink in what happened in the 1970s.

Then came Zia. A guy who I still hate very much--and apparently so do most of Pakistanis, going by the discourse and the political results. But he was still a patriotic Pakistani who provided stability and thus Pakistan continued to beat India in progress well into the 1980s.

Unfortunately, after Zia, the Lost Decade of the 1990s was yet another era of instability. The tug of war between PMLN and PPP cost Pakistan a lot. 11 years (between 1988-1999) were wasted in trying to remove 'the corrupt' per both parties.

An era of stability again came: Musharraf's 1999-2006; I am not including 2007-2008 because they were wasted because of the Lal Masjid and the Judges Movement as well as the rise of terrorism. But between 1999-2006, Pakistan certainly was a better place than between 1988-1999. Magic word being: Stability.

So stability is what Pakistan always needed! Going forward; Let there be another NRO if that leads to stability for 10-20 years! Let there be orderly transfers of power after each elections because that is the most important yardstick about the health and security of a society.

A corrupt, sanctioned, resource lacking but stable North Korea is still better off than an oil rich but unstable Iraq or Libya or Nigeria. or Venezuela

 

[ejaz007]

Nope. Energy crisis as left by your favorite previous govts is still there. Electricity price in Pakistan is still highest compared with regional competitors. Govt is forced to give subsidies to exporters for this turn around.

Your inner Patwari awakened. All productivity growth is measured in local currency. If you artificially maintain low dollar price (as your favorite absconder Ishaq Dollar did), would this show higher exports in dollars?

That's why Sharif family mafia should have been hanged during 1999 coup.

Lesson to be learned: never hire an accountant for the economists job

Establishment rigged 2013 elections and brought Sharif mafia to power. Then they gave NROs to traitors Nawaz Sharif and Ishaq Dollar by allowing them to leave the country permanently.

Then why foreign minister is not fired from his job?

Sharif family mafia will not be brought to power ever again. They have done enough damage to Pakistan since the 80s. It's the duty of every patriot to do everything in their capacity to stop Sharif family mafia from ever coming anywhere near power corridors again. Call out the judges, lawyers, media persons, even men in the establishment who are supporting Sharif family mafia secretly or openly. Name and shame them all over the internet. Inform the people that this mafia is the very threat to Pakistan's future and stability.

Keep up the good work. I hope you become finance minister.

 

[Norwegian]

Let there be another NRO if that leads to stability for 10-20 years!

So that's why opposition is causing instability to get rid of corruption cases

Let there be orderly transfers of power after each elections because that is the most important yardstick about the health and security of a society.

Pakistan had three orderly transfer of powers recently: 2008, 2013 and 2018. This only resulted it even more instability. Pakistanis are not cut out for democracy

 

[koolio]

Nope. Energy crisis as left by your favorite previous govts is still there. Electricity price in Pakistan is still highest compared with regional competitors. Govt is forced to give subsidies to exporters for this turn around.

Your inner Patwari awakened. All productivity growth is measured in local currency. If you artificially maintain low dollar price (as your favorite absconder Ishaq Dollar did), would this show higher exports in dollars?

That's why Sharif family mafia should have been hanged during 1999 coup.

Lesson to be learned: never hire an accountant for the economists job

Establishment rigged 2013 elections and brought Sharif mafia to power. Then they gave NROs to traitors Nawaz Sharif and Ishaq Dollar by allowing them to leave the country permanently.

Then why foreign minister is not fired from his job?

Sharif family mafia will not be brought to power ever again. They have done enough damage to Pakistan since the 80s. It's the duty of every patriot to do everything in their capacity to stop Sharif family mafia from ever coming anywhere near power corridors again. Call out the judges, lawyers, media persons, even men in the establishment who are supporting Sharif family mafia secretly or openly. Name and shame them all over the internet. Inform the people that this mafia is the very threat to Pakistan's future and stability.

Very well said buddy, these haraam khors the famous status quo should never come in power again least at the federal level, they have caused so much pain and misery during their tenures making corruption halal. everything about their policies were a disaster.

 

[Meengla]

So that's why opposition is causing instability to get rid of corruption cases

Pakistan had three orderly transfer of powers recently: 2008, 2013 and 2018. This only resulted it even more instability. Pakistanis are not cut out for democracy

Thank God for the orderly transfers of power! Eventually the system will remove the bad elements. And, NO, the transfer of powers has not generated more instability. You want to know instability: Go to the 1950s or the 1990s!! Pakistan has still not recovered from the self-destruction between 1988-1999.

There is a lot of political noise out there and with the free media and the blogspace, you should expect that. If noise is not there only THEN there is the problem! Pakistan can never be place where news and blogspace to be shut down. And so should peaceful protests be allowed. Suffocating of dissent will make Pakistan a country like Saudi Arabia or Iran which have only artificial stability--only to erupt in a catastrophe one day.

Noise is not instability but Suffocation is the poison.

 

[Ghessan]

Dar use to say "if dubai can run on deficit why cant we.."
He said "we dont need exports.."

He said "we just need consumption and exports will work out it self

"What the issue if deficit runs in 3-4b ..i can get 100b more in foreign loan and run the country for another 20 years.."

What he didnt expect was that it takes decades to reverse this trend..destruction is easy revival is slow..his 3-4b deficit quickly changed into 10 & then 20b ...forcing establishment to kick him out..bought miftah..who himself wasnt wrong or bad guy but refused to act quickly given the politician back lash..so he did devalue abit but situation was already out of hand..he told clearly that country will either bankrupt or go to IMF with 200rs yo $ devaluation ...the only was to avoid that will be a huge free bonanzs of 10-15b$ ...they bet on USA help..and thus u saw dawn leaks ..

Afterwards...

The ultimate conseus was that PMLN will not win 2018 election and best case will be to bankrupt the country in 2019 and force establishment to give them the keys afterwards..

It was an ideal plan as a bankrupt country the establishment will be veey weak and people very angry..thus army can finally be made into punjab police ..

The only ptoblem was nobody realized the BEGGING capacity of imran khan
Who begged 20b $..shameful but necessary

Stretched the devaluation over a year, burned that 10-15b$ ..bought CAD to level where IMF will not demand a huge devaluation and stablized it further

very true and very well said:
but who will tell nawaz what he is willing to do before and after musharraf era is not possible.
and then who can say establishment did not play with the homeland over the years.
this goon, the by-product is a leech but who else is not. there comes one after the other and the rest is messed up by the boots.