SBP injects $1.2b to stabilise rupee in just 3 months to support still could not do anything.

[Desprado]

That is a horrible policy that only takes you closer to bankruptcy

I for one am not a fan of injecting billions just to subsidize consumption

Buy cheese and Nutella

I only blame Shaukat Tarin as i was shouting from June that we heading towards another BOP crisis. You do not know this Shukat Tarin and what mess he done to PPP in 2009.

 

[Zibago]

I only blame Shaukat Tarin as i was shouting from June that we heading towards another BOP crisis. You do not know this Shukat Tarin and what mess he done to PPP in 2009.

We are not going for a bop crisis
Looking at data of months with higher commodity prices especially oil prices and in months when there is a huge crisis in Afghanistan is not reflective of everything

Dollar Appreciation

The steady ascent of the US dollar continues as Mettis Global, a financial analytics portal, reported that it reached the value of Rs168.9—an all-time

nation.com.pk

The smart move here is not be fearful of inflation and absorb few hard months until Afghanistan situation calms down

 

[Desprado]

We are not going for a bop crisis
Looking at data of months with higher commodity prices especially oil prices and in months when there is a huge crisis in Afghanistan is not reflective of everything

Dollar Appreciation

The steady ascent of the US dollar continues as Mettis Global, a financial analytics portal, reported that it reached the value of Rs168.9—an all-time

nation.com.pk

The smart move here is not be fearful of inflation and absorb few hard months until Afghanistan situation calms down

We are 100% heading to BOP crisis and you can bet on that and even worse than 2018 because you do not what Shaukat tarin is. You can bet on that we heading towards another BOP crisis simply because PTI is forcing negative interest, which same PMLN did and caused BOP and CAD crisis. Now interest has to back to 13.5% if we want to be saved and Shaukat will not allow to do that.

 

[Zibago]

We are 100% heading to BOP crisis and you can bet on that and even worse than 2018 because you do not what Shaukat tarin is. You can bet on that we heading towards another BOP crisis simply because PTI is forcing negative interest, which same PMLN did and caused BOP and CAD crisis. Now interest has to back to 13.5% if we want to be saved and Shaukat will not allow to do that.

You literally said exports are falling when we had highest ever exports
Cherry picking few months after US withdrawal is intellectual dishonesty at its finest

 

[Desprado]

You literally said exports are falling when we had highest ever exports
Cherry picking few months after US withdrawal is intellectual dishonesty at its finest

I repeat exports are only increased because world commodity prices increase not because of devaluation policy. As you can see that our import is 110% increase compare to 2021 FY and export is only increased 20% so we are going another more worse BOP crisis than 2018 unless someone fires Shaukat tarin or increase interest rate upto 13.5%. if not than last date of this growth will be most likely November 2021 and Titanic will hit iceberg.

 

[Zibago]

I repeat exports are only increased because world commodity prices increase not because of devaluation policy. As you can see that our import is 110% increase compare to 2021 FY and export is only increased 20% so we are going another more worse BOP crisis than 2018 unless someone fires Shaukat tarin or increase interest rate upto 13.5%. if not than last date of this growth will be most likely November 2021 and Titanic will hit iceberg.

Devaluation is what made our textile industry competitive in the region again whereas in 2016 we were just exporting mostly raw material which others used for value addition

Import rise is a byproduct of high oil and commodity prices

Firing shaukat tarin will do nothing the only idea you clowns have is subsidizing consumption which is a horrible idea and was the reason why countries like Lebanon and Turkey had such hard landings

 

[Falconless]

intellectual dishonesty at its finest

Bold of you to assume that they have any intellect to begin with.

 

[Jungibaaz]

Same crap different government.

 

[Falconless]

Firing shaukat tarin will do nothing

Actually it will create market panic and end up triggering an actual crisis.

 

[Desprado]

Devaluation is what made our textile industry competitive in the region again whereas in 2016 we were just exporting mostly raw material which others used for value addition

Import rise is a byproduct of high oil and commodity prices

Firing shaukat tarin will do nothing the only idea you clowns have is subsidizing consumption which is a horrible idea and was the reason why countries like Lebanon and Turkey had such hard landings

it was shaukat Tarin that forced to use 1.2 billion dollar according to Shahbaz Rana not Reza baqir.

Actually it will create market panic and end up triggering an actual crisis.

Market is already in panic and currency is in free fall and it will have zero effect of firing shaukat tarin because market in a shock mode.

 

[Riz]

dollar will not control until we not stop smuggling from Peshawar to Afghanistan, FIA knows , SBP knows, Bajwa knows , politicians knows , ISI knows ,Generals knows , everyone knows , kitna khao gay reham karo kom par

 

[TigerOfMysore]

They can control this slide. Stop completely any imports of non essential goods and services (especially consumables). Regulate one a daily basis the essential foreign currency purchases. Increase the size of the internal economy, based upon local goods and services, all the while focusing on increase in exports and expansion of tax base. Tax base should be increased on a single slab like payroll, but areas around consumption should be taxed. Almost like a flat VAT. This will make tax distribution more fair. Break monopolies, and cartels. Unfortunately these exist in spades in Pakistan and have a detrimental effect on the economy on a number of level. Rationalize fuel prices with a regional peg, and severely curtail smuggling. All these steps must happen in parallel.

 

[Zibago]

Bold of you to assume that they have any intellect to begin with.

Post Afghan exit and during record high oil prices of course there is going to be pressure on us for few months

They can control this slide. Stop completely any imports of non essential goods and services. Regulate only a daily basis the essential foreign currency purchases.

Oil, vaccine and raw materials for export make up a huge portion of our imports

 

[TNT]

Wasn't it exactly what PMLN and ishaq dar used to do? In the end i guess some ppl weee right, PTI is no different than PMLN and PPP.
This idiot PM never had a plan for economy, he abruptly removed asad umar and since then relying on hafeez sheikh and tarin, both baqayajaat of old govts. He cant even establish writ of govt, let alone fix economy. His moron CMs are absolute idiots and corrupt. A very very near guy to CM KPK told me that CM sahab doesn't even feel ashamed for taking 10,000 pkr as rishwat for a tiny thing. Ao this is the caliber of this pathetic dumb govt, no different than that traitor nawaz or daaku zardari.n

 

[Desprado]

Wasn't it exactly what PMLN and ishaq dar used to do? In the end i guess some ppl weee right, PTI is no different than PMLN and PPP.
This idiot PM never had a plan for economy, he abruptly removed asad umar and since then relying on hafeez sheikh and tarin, both baqayajaat of old govts. He cant even establish writ of govt, let alone fix economy. His moron CMs are absolute idiots and corrupt. A very very near guy to CM KPK told me that CM sahab doesn't even feel ashamed for taking 10,000 pkr as rishwat for a tiny thing. Ao this is the caliber of this pathetic dumb govt, no different than that traitor nawaz or daaku zardari.n

What Imran Khan does is a blessing and what dar does is haram.


PTI will cry in blood of tears just wait till October when the picnics ends.