Rupee loses further ground to trade at 164.5

[Sine Nomine]

Its not RAW's job to give food to the poor in India. Their job is outside India.

So Good!

 

[KhanBaba2]

Dude why should we give our food to anybody , as Bharwana guy pointed out this devaluation is actually deliberate and will increase export , lessen imports and people will queue to exchange dollars for PKR so "ache din coming for Pakistan" , they don't need others.

Bharwana knows nothing about economics. The devaluation is compressing imports. It has had no effect on exports. You know a economy is picking up when businesses start investing in increasing manufacturing capacity. Not happening in Pakistan currently.

 

[El Sidd]

Bharwana knows nothing about economics. The devaluation is compressing imports. It has had no effect on exports. You know a economy is picking up when businesses start investing in increasing manufacturing capacity. Not happening in Pakistan currently.

So why are you burning your wits over it?

Atleast we wont face recession in 2020 like you.

 

[KhanBaba2]

So why are you burning your wits over it?

Atleast we wont face recession in 2020 like you.

Just replying to a direct question aimed at me.

But would like to know more about this 2020 recession.

 

[El Sidd]

Just replying to a direct question aimed at me.

But would like to know more about this 2020 recession.

i am sorry i cant tell you that

 

[God Parshuram]

Take this positively and focus on export. Curtail imports.

 

[Yaseen1]

The way our economy is run in last 20 to 30 yrs these conditions are not unexpected.Our previous govts badly failed to increase exports and not promoted industrial growth and our products not remained upto date to satisfy demands of modern era customers demands.Only major way to improve reserves and increase your currency stability is by improving exports .I think exports cannot be increased in short period and will take 5 to 10 years to increase if govt adopt good and correct measures today.
One major reason of outflow of dollars and their shortage is the collaboration between banks and exchange companies or hundi dealers.Govt can control this to some extent by keeping interest rates low and threatening banks that govt will not raise interest rates after devaluation of rupee.This will force banks not to create dollar shortage as govt will not compensate them with high interest rates to minimize effect of devaluation so the bankers will fear of losing value of Pkr and will take measures to avoid dollars shortage, I think ishaq dar also used this strategy to control dollar rates as he kept interests at lower rate so banks not create dollar shortage.

 

[litman]

Man this is really worrying.... where will it stop?????

it wont stop because people are happy with their "honest" leader. gas prices up by 190 %. really hate this so called riyasat e madina ruled by some highly incompetent fool. IK has got nothing other then slogans.

Between who?
Awam vs Elites,don't worry khayein gai nahi tou larain gai kesey.

our enemies just need a "guido" in pakistan. they are looking for him and the day they found him pak will become venezuela.

 

[Sine Nomine]

our enemies just need a "guido" in pakistan. they are looking for him and the day they found him pak will become venezuela.

We have many just sitution isn't ripe that much.

 

[litman]

These "opposition parties" desiring for a civil war to start don't know that the next civil war in pakistan is not going to be between "poor awam" and "Imran Khan" but rather between "poor awam" and billionaire "Nawaz Sharif", "Asif Zardari" and their cronies. It is going to be a battle for reallocation of wealth and assets and who has them certainly not Imran khan.

if they destablize the government and new elections are held then there will be more chaos in the country. PTI will lose seats as the people have seen the terrible performance of the government. right now there is no party or a leader who can pull the country out of this situation.

 

[Skull and Bones]

@BHarwana

 

[Nilgiri]

40% Indians are living below poverty level,RAW should feed them first.

When full spectrum of poverty (multi-poverty) is taken....India stands at around 27% as of 2015.

https://ophi.org.uk/multidimensional-poverty-index/databank/global-comparisons/

Pakistan is the one closer to your range....in that it has 44% of its people in multidimensional-poverty.

Simply comparing poverty on some notion of global threshold income is flawed (I say that even though India is said to have dropped below 3% on that recently according to world poverty clock).

If you earn say 1000 rupees more than someone else over some time period, but eat less, have worse healthcare access, less education options, less access to basic welfare, less housing etc etc for that extra claimed income gain....whats the real point?

This is all big issues that imran govt will have to address rather than leave as status quo. In fact if the current serious issues are not addressed, time is not far that the poverty gains Pakistan has made on backdrop of PPP income (as it relates to poverty) will start to erode and even reverse.

 

[Pakhtoon yum]

I wonder what the plan is. If I had to guess then they are pulling a Japan or Korea on the world.

When full spectrum of poverty (multi-poverty) is taken....India stands at around 27% as of 2015.

https://ophi.org.uk/multidimensional-poverty-index/databank/global-comparisons/

View attachment 567246

Pakistan is the one closer to your range....in that it has 44% of its people in multidimensional-poverty.

Simply comparing poverty on some notion of global threshold income is flawed (I say that even though India is said to have dropped below 3% on that recently according to world poverty clock).

If you earn say 1000 rupees more than someone else over some time period, but eat less, have worse healthcare access, less education options, less access to basic welfare, less housing etc etc for that extra claimed income gain....whats the real point?

This is all big issues that imran govt will have to address rather than leave as status quo. In fact if the current serious issues are not addressed, time is not far that the poverty gains Pakistan has made on backdrop of PPP income (as it relates to poverty) will start to erode and even reverse.

Like I've said may times, numbers lie and surveys like thses always have ulterior motives. I would recommend taking a class on this subject

 

[Nilgiri]

I wonder what the plan is. If I had to guess then they are pulling a Japan or Korea on the world.


Like I've said may times, numbers lie and surveys like thses always have ulterior motives. I would recommend taking a class on this subject

The underlying data is all from Pakistan govt itself. Or you are saying Pakistan govt is wrong when it reports say its own infant mortality?

 

[nahtanbob]

When full spectrum of poverty (multi-poverty) is taken....India stands at around 27% as of 2015.

https://ophi.org.uk/multidimensional-poverty-index/databank/global-comparisons/

View attachment 567246

Pakistan is the one closer to your range....in that it has 44% of its people in multidimensional-poverty.

Simply comparing poverty on some notion of global threshold income is flawed (I say that even though India is said to have dropped below 3% on that recently according to world poverty clock).

If you earn say 1000 rupees more than someone else over some time period, but eat less, have worse healthcare access, less education options, less access to basic welfare, less housing etc etc for that extra claimed income gain....whats the real point?

This is all big issues that imran govt will have to address rather than leave as status quo. In fact if the current serious issues are not addressed, time is not far that the poverty gains Pakistan has made on backdrop of PPP income (as it relates to poverty) will start to erode and even reverse.

I have serious issues with the multi-dimensional poverty index

take electricity for example - what is the cost of electricity ? is the state providing subsidy ? what is the supply of electricity ? is it uninterrupted ? how much electricity is used ? how much electricity is needed ? Do you need heating in warm tropical beach as opposed to living in high altitude mountains ?

I am not sure how somebody makes this into a number