What's new

Search results

  1. JamD

    Miftah Ismael under-reported new foreign debt by at least $7 Billion in the budget 2022-23 document.

    No I am directly blaming Shaukat Tarin's management for the economic problems. It's not that "I don't care about him anymore after reading your response." Aisa response dia apnay main hakka bakka rehgaya lol. Grow up man. You seem to be doing this: expecting me to defend PMLN somehow lol. All...
  2. JamD

    Miftah Ismael under-reported new foreign debt by at least $7 Billion in the budget 2022-23 document.

    First of all let's not call your opinion consensus. I won't do it either. It is opinion. Take it or leave it. I have no intention of being ISPR and defending the army's actions. You can ask them why they called Shaukat Tarin. I frankly don't care. I only care about Pakistan's economy. My...
  3. JamD

    BUDGET 2022 2023

    Sorry for the confusion but let me try to simplify. The picture in the tweet is annual figures. Everything I wrote and made plots of are using monthly figures. So 8 lakh is a monthly figure.
  4. JamD

    BUDGET 2022 2023

    No I took the numbers and divided them all by 12 to get monthly numbers because that's what we are used to in Pakistan.
  5. JamD

    BUDGET 2022 2023

    Yes I have. I guess I am just poor lol. My first pay as a fresh engineer in 2014 was 18k. A good salary starting salary back then was 1 lakh. Today it is 2 lakh. A decent salary is 4 lakh. 8 lakh is what senior bankers might make. Right of course. But I wasn't expecting a government in power...
  6. JamD

    BUDGET 2022 2023

    Maybe something more visual will help. People with salaries up to 15 lakh per month got a reduction in tax. This isn't great. This cutoff should've been near 5 lakh maybe. Furthermore, the most reduction is seen by people with salaries of 8 lakh. Again this is very rich people. But I guess...
  7. JamD

    Miftah Ismael under-reported new foreign debt by at least $7 Billion in the budget 2022-23 document.

    You're right. I was assuming that his megamarch would come to naught. Let's see. Never say never in Pakistan.
  8. JamD

    Uncertain economy problems.

    I'm sure the mathematics is simple. I'm not saying the mathematics is difficult, obviously. I am saying that everyone could see where the oil prices were going. Nobody in their right mind thought that oil would be $50. Which is why I am arguing that this is wishful thinking. There's a lot of...
  9. JamD

    Uncertain economy problems.

    It would be simplistic to blame it all on the current oil prices and commodity super cycle. Yes it has definitely made things super worse. No denying that. But this isn't the first time that oil has been at this price. Our economy is especially weak because of the reasons that I've pointed out...
  10. JamD

    Miftah Ismael under-reported new foreign debt by at least $7 Billion in the budget 2022-23 document.

    I view the same thing differently. I think it's more likely incompetence and not corruption. Simply because the odds are that. In terms of electoral futures I think PMLN made a very tough possibly losing bargain. They could have and wanted to call elections immediately but I'm reasonably sure...
  11. JamD

    Uncertain economy problems.

    The desi raj's narrative wouldn't be this effective if it didn't have some truth behind it so you're right and I do concede that much. And this is exactly the fear of the desi raj that if they let people choose freely, the people will be coerced into a corrupt(er) system. Now here's my counter...
  12. JamD

    Uncertain economy problems.

    I didn't know which thread to move our discussion to and this felt like a good enough thread. @PakFactor @VCheng @SQ8 Good question but there's a reasonable explanation. The "British Raj spiritual successor" moniker warrants more explanation. First of all, this desi raj (let's call it that)...
  13. JamD

    JF-17 Block-3 -- Updates, News & Discussion

    You are right. Mods can you please clean this thread up. @Jango Sorry, I participated in the derailing too. Continuing discussion elsewhere.
  14. JamD

    JF-17 Block-3 -- Updates, News & Discussion

    This started very early on in Pakistan's history and not with Musharraf's regime. It might be simplistic but I view our military leadership as the spiritual successor of the British colonial masters - there's a lot of things that can be said to support this viewpoint. The good news is that I can...
  15. JamD

    Weak Coalitions and Reforms

    Chapters: 0:00 Introduction 1:30 Why are coalitions better? 9:20 Distribution of power and stability 19:15 Sovereign risk and investment 26:00 India’s economic growth 31:40 Volatility of growth 37:50 Consensus in politics 42:50 Reading recommendations Comments: An interesting view on...
  16. JamD

    BUDGET 2022 2023

    I'm sure it was. Any government with such shakey legs will make such compromised decisions . This is a matter of principle, not choice of political party. Don't get me wrong, I'm not defending garbage or anything, just being a realist. Hmmm...right. So yes I do see the merits of that argument...
  17. JamD

    Uncertain economy problems.

    Because for decades and decades (yes decades) Pakistan has financed its growth through imports and consumption. What this means is that Pakistan (in one way or the other) has encouraged imports so that people can consume more, and this is one way to achieve growth. The problem with this approach...
  18. JamD

    BUDGET 2022 2023

    First of all, I would've thought that there'd be more debate on this thread. I had to search for a budget thread to talk about it. I thought economy had become a talking point but I guess it is not the economy but just the petrol prices. On the budget. Yes, I mostly agree with your assessment...
  19. JamD

    The new TAI facilities and national combat aircraft engineering center opened.

    Well this aged particularly well lol. This might be an obtuse question but is the amount of money being spent on this tech zone thing a public figure? In particular, operational expenses and money spent on setting up new infrastructure like this one. I am asking since I am wondering what kind...
Back
Top Bottom