because our exports are nearly a third of our imports
we export rice, and semi finished garments and import machinery , oil etc ( one is low value vs other being hi value)
an agri export based economy will never have a + CAD
crypto has become another play ground for the hedge funds/exchanges who can pump/dump the mkt at will and with no fear of consequences ( since this is an unregulated mkt with no judicial oversight) . they liquidate traders with margin longs or margin shorts since the exchanges have all data on...
this man was handpicked by IK himself to run FBR, he served on the post for almost an year, he had access to data and numbers you and i dont , was there any charge of corruption against him ?
we may disagree with our government and its actions, but thats none of your business
stay the **** away ,
@waz - kindly check these indians opening economy threads
good
shoot the messenger .
very convenient i must say
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no central bank in the world declares itself bankrupt, it just 'debases' the currency and keeps going
soon, you will see the imported experts aka reza baqir quietly slipping away without a statement , atleast shabbar zaidi had...
the only one good thing this govt tried (and failed )to do was to open CPEC agreements and renegotiate with the chinese
turned out, gen bajwa was summoned to beijing and given a dressing down, uss k baad, sab thanda ho gya
local industry is not able to survive , let alone be competitive on LNG
pakistan needs cheap NG asap , LNG can only work as a stop gap at best sir
IMO, LNG mafia is too strong, too entrenched in govt to allow for any alternative now ( central asia or iran option)
IPPs were installed first in BB govt in 1995 . later on, more were commissioned in zardari era( remember raja rental power scandal )
in musharref era, a few wind power plants were give IPP tariffs as well