@idune Jammatis now only belong to the dust of our history. Our future will only know that once there was a Terrorist group named Jammat i lslam who got their arse wipped so bad that they got no where to run. Your time is up and Jammat is Expired.
Current 2016-2017 budget deficit is planned at 970 billion Taka or 5% of GDP. Where the deficit was suppossed to be funded by a mix of foreign loan, domestic bond and bank borrowing, in reality its mainly been being funded by domestic TK dominated bond as people are flocking in to buy high...
2018-2019 will be Muhith's last budget as he targets a 5 trillion Taka budget symbolizing a grand end of his political career.
Also one of his long-cherished desire is to lay the founding stone of the gigantic 142 storied Iconic Tower where he has been very vocal about it. Its a $4 billion...
Higher education in BD is in most dire condition. After introduction of GPA and MCQ, secondary and higher secondary education got a huge blow too. Its now quantity over quality.
The deadliest blow for our country has been the distruction of real Student Politics in Universities since the 90s by...
I think our govts dont provide us with full picture of history in many places. They only boast about the part that is needed only to attain their vested interest. I found myself quite surprised after getting to know that the then Pakistan govt inserted Bangla as the second Official State...
Since 2013 World cotton price have declined by 30%-35% where cotton constitutes about 15%-20% of Pakistan's total export. Garment, textile related export is about 30%-35% of total export. Low-valued garment sector is highly price competitive and most probably Pakistan have lost export here at...
@SBD-3 Hugh fund outflow from Russia also took place from early-mid 2014 due to Annexation of Crimea, until rest of the world took it for granted when Russia officially declared Crimea as an integral part of Russia on mid 2015.
Pakistan should make sure that connectivity through CPEC does not reduce its competitive advantage in selective export oriented sectors as Western Chinese industrial zone will gain a significant logistical and cost advantage.
Also close scrutiny is required from Pakistan side on the quality of...
@niaz I totally agree with you. But somewhere I saw that the net Balance of Payment for July-Jan was $0.20 billion. I wonder why $ Reserve actually have decreased during the same period!
Personally I find large scale portfolio investment from abroad to be quite risky during risky times as money...
Correct me if I am wrong. Downward pressure on PKR means there are not enough $ in the market against PKR. So more are being offered for one $, hence
downward pressure on PKR. Now central bank have to intervene by issuing USD bonds to banks by giving $ in exchange for PKR in order to increase to...
@BetterPakistan
Thank you guys for very informative thread. My question is how the central bank of Pakistan supposed to prop up Rupee against USD if they want so?