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What a candid analysis sir , either you are an economist or you must be an authority on currency valuation . First thing is first sheikh Sahab challenged mr Dar and he has lost it which he must admit gracefully as he is an honourable politician . On the other hand let me correct you regarding currency devaluation that the balance of payments is just one of the factors which determine currency value .Nothing but bullshit , these takla brotheran are just trolling with us, all of these stories are shosha , dollar price is dependent on countries export not on customers selling or buying, its just a show off for temporary bases . if its down so much in reality why not the price of petrol decreased yet ? When dollar was rising we saw petrol prices increased on daily basis
what happened dollar went up again to 101![]()
You get 100% in your final exam. thumbs up. I guess journey restarting. Exporters are not happy with this jugglery by Munshi Ishaq Dar and MNS. With more loans coming from IMF will further deteriorate the situation.What happened? One word:
inevitable
adjective
certain to happen; unavoidable.
e.g. "war was inevitable"
synonyms: unavoidable, inescapable, inexorable, ineluctable
It does seem that the current Pakistani dispensation is inclined towards infra projects and some right ones at that.We have had decades to complete any of these projects. What makes you think we will get going all of a sudden now? Not likely.
It does seem that the current Pakistani dispensation is inclined towards infra projects and some right ones at that.
The track seems to be right, its just that it will take 5 years for the results to appear. Nawaz is making the right moves as far as the economy is concerned.
Disagree.Right ones? Hardly. These are all projects to enrich a few cronies, nothing else. The real important ones are related to governance, which remain nowhere.
Disagree.
Actively seeking and getting investment is an achievement in itself.
Nawaz has obtained funding for conversion of a couple of gas plants to coal based ones.
Small scale hydro projects have started.
Ordering coaches and has started improving railways.
Obtained funding for Lahore Metro
Economic corridor with China
Investments in motorway.
While you may point at these projects as barely started or just mentioned. The fact itself that he has spoken of these is a huge change from the last regime of Zardari in which absolutely nothing happened.
So the path is correct, all that remains to be seen is how fast he is able to implement it. In the last 5 years, there was no path, Pakistan was simply drifting.
This is where I disagree with you.All the claimed power projects are pointless as long as the circular debt keeps on piling up unchanged. The small scale hydro projects have been planned and constructed for many decades now and are meant for creating small capacity storage of water primarily. Railways continue to be a disaster, some small improvements notwithstanding. Lipstick on a proverbial animal comes to mind. Pakistan Steel remains a disaster. PIA remains a sink. The famed economic corridor with China is nothing bu t a few miles of new motorway and few more interchanges.
Yes, Pakistan continues to be adrift.
This is where I disagree with you.
I see a radical change from the previous Zardari Govt.
Nawaz is far more focused.
Now whether that translates into physical infrastructure or not is a question that only time can answer. Such sort of projects take a minimum of 5 years to come to fruition. But intent is the first step to recovery.
I am surprised you dont see the difference - if not by actions, then atleast of words between Nawaz and Zardari.
Then you are jumping the gun here friend.Words do not mean much. Results count.