Who is responsible for Economic Crisis in Pakistan?

[Sine Nomine]

More to the point, with the help of above data we can see who are the culprits (PPP & PML-N). Ironically, Pakistan have seen its best years under dictator (i.e. Musharaf) - which is a tight slap in the face of those who whine & criticize 24x7 about establishment & Army. Did Army & establishment asked Nawaz and Zardari to inflict damage to Pakistan? Hell no.

Yup best years bomb blast and daily dose of dead bodies,which lead to gradual crash of everything.
On top Mushi was given huge Aid by West by all means.Including loans and resheduling of loans.
https://www.dawn.com/news/56584

 

[Syed1.]

Yup best years bomb blast and daily dose of dead bodies,which lead to gradual crash of everything.
On top Mushi was given huge Aid by West by all means.Including loans and resheduling of loans.
https://www.dawn.com/news/56584

So Mushi asked Nawaz and Zardari to loot and plunder and build wealth abroad?

 

[Sine Nomine]

War on Terror & law and order situation was improved, specially in Karachi, however, it wasnt because of PML-N and Nawaz. It occurred due to agencies, establishment and Army, therefore I wouldnt give this credit to PML- & Nawaz.

Under eyes of same people who you want to credit due bias behaviour,sitution went from bad to worst,and they simply kept sitting.

So Mushi asked Nawaz and Zardari to loot and plunder and build wealth abroad?

He gave them NRO.

 

[Syed1.]

He gave them NRO.

So that means Nawaz and Zardari were justified in stealing?

 

[Sine Nomine]

So that means Nawaz and Zardari were justified in stealing?

When you allow thieves to roam,except nothing more than stealing.

 

[Syed1.]

When you allow thieves to roam,except nothing more than stealing.

So going by your logic..... in a murder case the court will hang the person who sold the gun to the murderer, but will let the murderer off with a slap on the wrists and a verbal warning? Aqal ki baat karo bhai.

 

[Sine Nomine]

So going by your logic..... in a murder case the court will hang the person who sold the gun to the murderer, but will let the murderer off with a slap on the wrists and a verbal warning? Aqal ki baat karo bhai.

Don't gave analogies about which you have no idea,on lighter note if you sale gun to a known offender and he ends up killing someone by that gun and during course of investigation your name pops up,you would get listed as prime abetter and would be given same punishment if murder and you being provider of gun gets proved in court.

 

[The Accountant]

You guys thought IK was a gift from the economic god who was going to rid Pakistan of all evils and provide the medicine of an economic miracle, hahahahaha.

First thing he did was shafted Pakistan with an IMF loan that is causing pain in a lot of backsides.

With 7 billions in SBP reserves, 19 billion deficit and 6 billion coming repayment, I am waiting for your plan to turn things around without taking loans?

Few peoples were sleeping when exports were declining and imports sky rocketing but now it seems everyone has become economic expert.

 

[Crusher]

With 7 billions in SBP reserves, 19 billion deficit and 6 billion coming repayment, I am waiting for your plan to turn things around without taking loans?

Few peoples were sleeping when exports were declining and imports sky rocketing but now it seems everyone has become economic expert.

A large number of people in Pakistan have indeed become "more aware" of how national economy works and how debt and trade deficits impact their personal financial lives and it is a good thing, I hope more and more people in Pakistan understand how the decisions made by State bank of Pakistan and the various ministries of governments in Pakistan impact the economy of the country and ultimately their individual economies. All Pakistani must be aware of concept like valuation of rupee against dollar, budget deficit, trade deficit and current account deficit, national debt liabilities etc. because all of these things have the prime impact on their lives, employment opportunities and livelihoods.

 

[The Accountant]

A large number of people in Pakistan have indeed become "more aware" of how national economy works and how debt and trade deficits impact their personal financial lives and it is a good thing, I hope more and more people in Pakistan understand how the decisions made by State bank of Pakistan and the various ministries of governments in Pakistan impact the economy of the country and ultimately their individual economies. All Pakistani must be aware of concept like valuation of rupee against dollar, budget deficit, trade deficit and current account deficit, national debt liabilities etc. because all of these things have the prime impact on their lives, employment opportunities and livelihoods.

No people are still not aware. If there was any real awareness then people would have understand that what the current government doing is to make corrections of the mistakes done in past and restructuring the whole economy.

Yes imports are hit hard as a result there is a huge inflation and people buying power has erroded away but sooner or later local manufactuing will kick in and people will get jobs and hence buying power will increase.

People are not understanding that the tough time today is due to shifting of economy from import based model to manufacturing based model ...

 

[SABRE]

No people are still not aware. If there was any real awareness then people would have understand that what the current government doing is to make corrections of the mistakes done in past and restructuring the whole economy.

Yes imports are hit hard as a result there is a huge inflation and people buying power has erroded away but sooner or later local manufactuing will kick in and people will get jobs and hence buying power will increase.

People are not understanding that the tough time today is due to shifting of economy from import based model to manufacturing based model ...

I am not an economist and my understanding of commerce is pretty much lay, even though I have done few macroeconomic courses on a university level. But shouldn't we be more concerned about exports of our domesticlly produced items than imports from outside?

A financially strong middle class is the backbone of a stable economy. But within one year of PTI's rule, our middle class's purchasing power has eroded to the point where it is feared that the middle class itself could erode. This could further lead to erosion of mid-level traders (i.e. shop based businesses) as their customers would decline drastically. The financially sound upper class is also facing a financial crunch. On the other hand, the existing industrialists have been allowed to do business and keep their wealth as usual.

 

[tarrar]

All the corrupt & treacherous politicians who are against Imran Khan today are responsible for damaging Pakistan.

 

[khansaheeb]

With 7 billions in SBP reserves, 19 billion deficit and 6 billion coming repayment, I am waiting for your plan to turn things around without taking loans?

Few peoples were sleeping when exports were declining and imports sky rocketing but now it seems everyone has become economic expert.

This is my plan, the best anti corruption and economic tool for Pakistan:

 

[The Accountant]

This is my plan, the best anti corruption and economic tool for Pakistan:

Lolz ... u want to create another shaheed? So that Maryam Nawaz can topple and become PM ?

There is a difference between dream n reality

 

[khansaheeb]

Lolz ... u want to create another shaheed? So that Maryam Nawaz can topple and become PM ?

There is a difference between dream n reality

More Martyrs the better.