These are all in correct .circular debt was and is increase/ing due to Govt running high cost electric station which utlizes Diesel/Furnace oil having efficiency of 20% and cost per KWH around 20/25 Rs/KWH .Second reason is collection from Disco`s which is now 96% from 80% .Alhumdulilah PESCO on...
Expertise wise no issue .funding wise definitely there are issues .I dont know what type of background you have but these Engineers sitting in dark have done some marvelous job
Imagine a picture where Exports are not grown ,Imports have been curtailed .LSM - .GDP - ,Infaltion all time high .By the way if current account is Positive (for now) why Dollar keeps inching up ?
Which courts ? General didnt deny he made those companies .Probably the best business model in world you invest 70,000 US$ and get 60 Million .? sounds fishy
Very interesting read and probably many will not like it.Steps to ensure such duplication requires delicate international play .If done we can tap small market
This was ordinance which is invalid now ,but idea to keep CPEC position was to get immunity as there was no body over sighting CPEC .Rest yesterdays development has changed the discussion dynamics so relax
So admins have decided to run this thread now .Where previously it was twice deleted .Any ways good . SO what has happened is General sb didnt deny any thing but failed to share where the money has gone
So Very early the propaganda of reviving of economy is over .Last month celebration of Current Account + .As in fundamental this scenario is going to effect Pakistan very badly .
Indeed a very good start to the project .Instead of wasting hours and years on developing full system threat assesment against 4.5 generation figther this will be an interm solution with industrial solution ready in couple of years they will probably skipped 5th Generation and moved to 6th
Even the loss of single job is devastating the data above is from formal sector un formal sector like daily wages ,labour and many 3rd party contractor losses are around 10 Million .
The data is 2018 data and table above from SBP shows contraction in Imports so im still waiting for published data of 2020 in such case but in above major curtailment is in import bill plus machines imports so bear with me till that time but to give you an idea what we import and what is reduced...
Alas my friend you dont do research by the way major balance of payment reduced is import curtailment
From 56 Billion Imports in US$ 2018 to 44 Billion Import .If you like i can share you the break up as well . Where as exports declined to 21 Billion US$ from 24.7 Billion US$ in 2018 .So...
I agree but it was a short time arrangement since power and infrastructure was building up so Import bill was rising .Now coming to the point that amount was very less in comparison to FDI we would have attracted from all over the world .I believe this situation could be made better but remmeber...