PML-N has destroyed Pakistan's economy within days

[War Thunder]

Fuel subsidy already expired PMLN extended it
Dont know why they are not ending it

Why would they want to commit suicide as a party?

 

[ziaulislam]

Why would they want to commit suicide as a party?

Well they knew this at timw of topplong the goverment

There plan was to pin it on PTI pretty sure they can do it . as they done it before

 

[RIP Pak LAW]

Noon waloon nay Jo Bali apney uper li hai, tareekh mein yaad rakhi jayi ga as hitting axe on your own feet

 

[Hakikat ve Hikmet]

Paks will hit the rock bottom before bouncing back after they burn down these Sheyatin...

Time to eliminate all the dark evil forces....

One thing is for sure: the Pak military junta have lost all respect and honor for good. They'll fall down into the oblivion into the dustbin of history like their scum counterparts in Shah's Iran and Kemalist Turkey.....

History repeats and ripples itself by HIS PERMISIION....

 

[ziaulislam]

I'm fairly certain that US - Pakistan diplomatic relations will be back to normal gear - as a major Non NATO ally. Pakistan's finance minister has already started conversations with Biden administration (Blinken).

It is also likely that Pakistan will continue with GSP+ status in EU beyond 2024. What more would you like?

Gsp+ status is not enough
Countries like bengaldesh have it anyway
Its effect is few billion dollars of advantage nothing major

 

[Wood]

Gsp+ status is not enough
Countries like bengaldesh have it anyway
Its effect is few billion dollars of advantage nothing major

I have a more interesting question. Why do you always misspell Bangladesh?

 

[SQ8]

That is terrible for Pakistan's exchequer. People may appreciate the leeway in short term, but this will not let PLM-N keep the finances afloat till next election. I'm surprised to hear that Shahbaz would extend the subsidy. He seemed like a no nonsense guy.

Could also be a situation where he saw the ground reality and the entire family decided to basically loot and scoot in the time they may have. Leaving it to the PPP to do a round robin.

I almost could(and almost being operative) say a hyperbole is as if a collapse of Pakistan may be imminent but the US wont make the mistake it did with Afghanistan or Iraq in terms of leaving the military stranded knowing they can hold everything together by a bare thread.
There will be severe hardship on the middle class who may flee enmasse wherever they can but the elite and poor really dont see a status change. Call it paralysis by simply overwhelming the population by soo many different disasters that the fall to the very basics of the maslow pyramid.

So maybe a ISIS type insurgency takes hold which the Pak Military fights on different fronts and Pakistan is “neutral” to India for all intents and purposes.
This will have no negative impacts on local Indian politics and the occasional Balakot may happen but with no Pakistani retaliation.

- bear in mind that China was relying on this “border” to be fairly secure from US footprint so this would be a huge win for .

 

[Wood]

Could also be a situation where he saw the ground reality and the entire family decided to basically loot and scoot in the time they may have. Leaving it to the PPP to do a round robin.

I almost could(and almost being operative) say a hyperbole is as if a collapse of Pakistan may be imminent but the US wont make the mistake it did with Afghanistan or Iraq in terms of leaving the military stranded knowing they can hold everything together by a bare thread.
There will be severe hardship on the middle class who may flee enmasse wherever they can but the elite and poor really dont see a status change. Call it paralysis by simply overwhelming the population by soo many different disasters that the fall to the very basics of the maslow pyramid.

So maybe a ISIS type insurgency takes hold which the Pak Military fights on different fronts and Pakistan is “neutral” to India for all intents and purposes.
This will have no negative impacts on local Indian politics and the occasional Balakot may happen but with no Pakistani retaliation.

- bear in mind that China was relying on this “border” to be fairly secure from US footprint so this would be a huge win for .

Some Sri Lankan commentators were saying that Sri Lanka was too big to fail and therefore its economy will not collapse. I never thought they were right. Sri Lanka was absolutely a small country that the world can forget about. But Pakistan is indeed TOO BIG TO FAIL. It is not just the US, but also the Chinese who have bet their left nut on Pakistan. China wants to seen as a big power. The hallmark of big power is that they should be able to economically support smaller countries that are allied with them. US keeps many allies afloat and hence it is the super power. Big power status is won with the wallet. So for China to keep its ambition, it must absolutely keep Pakistan stable. It is also necessary for China to keep its own $ investments in Pakistan viable. As you've pointed out, US will also help Pakistan for its own benefits. I cannot think of any other country that is privy to the affections of both big powers of the world today

As for the rest of what you've written, I'll chalk it up to the usual doom and gloom pessimism that I've seen from your other posts here. Pakistan has room to recover and it remains to be seen if the PDM makes the required hard choices for fiscal stability.

 

[SQ8]

Some Sri Lankan commentators were saying that Sri Lanka was too big to fail and therefore its economy will not collapse. I never thought they were right. Sri Lanka was absolutely a small country that the world can forget about. But Pakistan is indeed TOO BIG TO FAIL. It is not just the US, but also the Chinese who have bet their left nut on Pakistan. China wants to seen as a big power. The hallmark of big power is that they should be able to economically support smaller countries that are allied with them. US keeps many allies afloat and hence it is the super power. Big power status is won with the wallet. So for China to keep its ambition, it must absolutely keep Pakistan stable. It is also necessary for China to keep its own $ investments in Pakistan viable. As you've pointed out, US will also help Pakistan for its own benefits. I cannot think of any other country that is privy to the affections of both big powers of the world today

As for the rest of what you've written, I'll chalk it up to the usual doom and gloom pessimism that I've seen from your other posts here. Pakistan has room to recover and it remains to be seen if the PDM makes the required hard choices for fiscal stability.

It isn't exactly a "doom and gloom" scenario per se - call it a refocus of what Pakistan is.
The military becomes a perpetual war machine tackling AFG while the economy peters on.

And nothing is "TOO BIG TO FAIL" .

 

[Abid123]

PLM - N has to quickly reverse the fuel subsidy put in place by PTI. Then move to IMF to complete the loan program just as PTI wanted to.

This will help with the crisis in short term.

Pakistanis start paying income taxes. No loans from IMF, UAE, Saudi or China.

 

[TNT]

Americans pressured India to stop importing oil from Iran in 2018 and Indians had to give in.

Americans are putting pressure on European countries to stop importing oil and gas from Russia in the present. European countries are working on this issue but Russia cannot be cut off overnight. But cut off will happen eventually.

Why are WE assuming that only Pakistan is under pressure? Multiple countries are.

Imran Khan should do his homework and not try to sell unrealistic expectations to masses. Global Order is no longer super-friendly and cuddly. WE have no choice but to adjust to pressure. Khan should have a plan for how to move things forward should he get another term.

Those who are in power - should focus on solutions. These people should pay heed to IMF and counter-pressure Americans to provide relief. Let us see what these people can pull off.

You are right but we cluldnt take the pressure. Imran khan could and was doing good, it were the so called mard e momin that bungled infront of them and decided to remove PM. This also is in sync with their historical behavior of laying upside down on a phone call. The Americans didnt even expect Pakistan to give up so quickly. I bet even this time the Americans didnt expect our lumber 1 to sacrifice the PM so quickly and easily.

 

[Menace2Society]

Lets find out what they sacrificed the economy for. I hope its going to be FTA with US and Europe

 

[Clutch]

PLM - N has to quickly reverse the fuel subsidy put in place by PTI. Then move to IMF to complete the loan program just as PTI wanted to.

This will help with the crisis in short term.

Lol... I doubt it. The austerity measures IMF will impose are going to have a significant detrimental ripple effect. The imbalances new revenue generation, imports/exports, and debt repayments coupled with the global energy crisis is going to cripple Pakistan to a Sri Lanka type meltdown.

The problem with the current setup is that this government of kickbacks and corruption cannot resort to their decades tried borrow-and-spend strategy to keep the system afloat and they are out of non-corrupt options. It's beyond redemption. They will file for bankruptcy and try to fill their personal accounts in the interim. Because you have a coalition of distrusting parties PeePeePee, PML-Nutcases, and Jahil Diesel Mullahs they will try the best to steal as much as they can because they are not honest to each other or the nation. Because of this mistrust and their alliance of convenience (i.e. NRO for eachother) they will sabotage the government for the other.

 

[Big_bud]

Ehtisab should begin with GHQ. They are responsible for this mess, they created woes for 220 million already struggling people! Pakistanis are nearing default as individuals, families and as a country as well. When you are a thick head fouji but you think you are a financial, social and political genius, a think tank, and you are the best, this is what the country ends up in. People are disappointed beyond their wildest imaginations with their GHQ for being part of this experiment! I have been the biggest supporter of our military but after seeing their ridiculous thought process. I have concluded that this lot can't be trusted, needs to be watched. They are as big of jokers as our politicians, judiciary and bureaucracy. I think the nation has decided, never to trust men in uniforms with political and governmental matters and restrict their activities to barracks.

 

[Wood]

Pakistanis start paying income taxes. No loans from IMF, UAE, Saudi or China.

This idea of quickly improving tax base and GDP to tax ratio is utopian. I've seen many Indians cry about this as well. It is not so easy.

Most of the population make very less income and are employed in the unorganized sector. This means that they will mostly be in the tax exempt category for direct taxes. Meanwhile the indirect taxes indiscriminately target the rich and the poor equally. This burden on the poor will eventually create social unrest and politicians are wise enough to not push the boundaries here. So the low tax collection in developing countries is actually a derivative of low per capita income. Of course some cheaters will always be in the system, but they are not the primary reason for low tax receipt.

In the long term, I agree that it is gradually possible to lift your income level and move more of your unorganized sector into tax base. But for the short term, Pakistan needs some external help. IMF is the best option as they will enforce transparency and charge less interest. In return, all they will demand is for the borrower to implement fiscal discipline so that the borrowed money can be paid back