Day 1: State of Pakistan's Stock Market and the Rupee

[VCheng]

It is with deep sadness that our ruling elite(real rulers) is happy to keep Pakistan as a banana Republic.

Look at it in a positive way - it is the best place in the world to live and thrive in, for bananas.

 

[American Pakistani]

Day - 1 (2013)
Exports: 24.5 Billion$
Imports: 44 Billion $
GDP (Nominal) : 231 Billion $
Growth: 3.7%
Debt: 61 Billion $
Remittance: 15 Billion $
1$=100 PKR

Exports stood the same at the end o tenure, imports increased by 4 billion. Growth was artificial caused by loans for CPEC, debt skyrocketed to more than 95 billion dollars. PKR was kept artificially high by borrowing loans, still it shot up from 100 to 123. So it was failure of NS govt big time.

 

[Tameem]

Day - 1 (2013)
Exports: 24.5 Billion$
Imports: 44 Billion $
GDP (Nominal) : 231 Billion $
Growth: 3.7%
Debt: 61 Billion $
Remittance: 15 Billion $
1$=100 PKR

Reserves: 6 B$ (2013)
Reserves: 16B$ (2018)

Tax To GDP: 8.7% (2013)
Tax To GDP: 10.5% (2017)

 

[American Pakistani]

Reserves: 6 B$ (2013)
Reserves: 16B$ (2018)

Tax To GDP: 8.7% (2013)
Tax To GDP: 10.5% (2017)

Dude, you do know those "reserves" were LOANS.

Do you worry about Pakistan or just your political party who have looted Pakistan with no mercy.

 

[Tameem]

Reserves: 6 B$ (2013)
Reserves: 16B$ (2018)

Tax To GDP: 8.7% (2013)
Tax To GDP: 10.5% (2017)

Inflation: 7.36% (2013)
Inflation: 3.93% (2018)
Inflation: 7.48% (2019)

 

[Amigator]

Inflation: 7.36% (2013)
Inflation: 3.93% (2018)
Inflation: 7.48% (2019)

You want to live in Fool's Paradise. Your choice.

If the economy was that good left by NS govt, destruction wouldn't have started so early in new govt. It should have take some times by IK cabinet to implement adverse policies so the economy gets a setback.

But the other side of the picture is (which you don't want to see through unbiased eyes) everything was setup just for elections, radical steps were delayed for elections.

So, someone afterwards have to observed all this.

 

[Pubg1]

Very simple solution . China makes everything , so import everything from China through barter system or in Chinese currency. Meanwhile reduce dependence on imported goods.

 

[valkyr_96]

You want to live in Fool's Paradise. Your choice.

If the economy was that good left by NS govt, destruction wouldn't have started so early in new govt. It should have take some times by IK cabinet to implement adverse policies so the economy gets a setback.

But the other side of the picture is (which you don't want to see through unbiased eyes) everything was setup just for elections, radical steps were delayed for elections.

So, someone afterwards have to observed all this.

Forget that the Stock market was inflated through an amnesty scheme whereby these people were allowed to whiten their money through mutual funds.

 

[Amigator]

Forget that the Stock market was inflated through an amnesty scheme whereby these people were allowed to whiten their money through mutual funds.

And whose duty was to stop people from making black money? In whose era's most of this black money created?
I think we all know better answers.

Amnesty schemes are not new in any country economy. But this is bad scheme. We shouldn't again allow the people to whiten their black money. But If you are saying dollar is today crossing 140 milestone due to one amnesty scheme offered by Pakistan current government, I can't comment on this.

Plus, I would be offended by this government if further creation of black money is not stopped.

For that very reason IK has started work on digitising Pakistan's economy.

If an FM who was FM of a country for plus 4 years, isn't willing to appear before people courts about his actions during his ministry era, then what do you think about others? @valkyr_96 Will other people come and give proofs of their earned money? A big No!