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

[Imad.Khan]

Yes and no they categorized it wrong. Some promises were meant to take 5 years and more, some were to be initiated in first 100 days. They didn't take into account that.

its still better than anything else i have seen

 

[Arsalan]

PTI must at all cost come out with a white paper, charting all economic indicators. Let people know the actual situation so that they can compare it after 5 years. Figures like GDP, Growth Rate (last 5 years), internal debt, external debt, total imports, total exports etc should be released in writing. Failing to do so will be a big mistake of PTI in my opinion. Just let people know where they stand today so that they can compare it with where they are in five years time.

 

[Pakistani Aircraft]

Pakistan's Nominal GDP at 30th June 2018 was $313 billion.

If Imran Khan's Administration can expand the Nominal GDP to $500 billion by June 2023, I would call it success.

 

[American Pakistani]

Exports: 24.2 Billion $
Imports: 48.1 Billion $
GDP (Nominal): 305 Billion $
Growth: 5.79%
Debt: 95.1 Billion $
Remittances: 20 Billion $
1$ = 123.5 PKR.

 

[Arsalan]

PTI must at all cost come out with a white paper, charting all economic indicators. Let people know the actual situation so that they can compare it after 5 years. Figures like GDP, Growth Rate (last 5 years), internal debt, external debt, total imports, total exports etc should be released in writing. Failing to do so will be a big mistake of PTI in my opinion. Just let people know where they stand today so that they can compare it with where they are in five years time.

WHAT? NO one agrees with this?

@HRK @The Eagle @Spring Onion @Rashid Mahmood @fatman17 ?

 

[Rashid Mahmood]

I agree.
They will start with a short term recovery plan first.
Along term plan is also being finalized and will be implemented.

In the first 6 months a lot of legislation will also take place in the parliament. All paper is complete.

 

[The Eagle]

This nation is being fed with the same rotten fruit due to cover stories, misleading figures and wrong info regarding current state of treasury. Investor panic & fear of crash aside; one must release the real shape & state of treasury including all the debits along with borrowers (circular as well) and every detail which actually harmed us through many ways.

 

[Pakistani Aircraft]

Day 249: Thursday 18th April 2019
Pakistan Stock Exchange: 36,811.86
Pakistani Rupee: PKR 141.658 = $1

Sources: www.psx.com.pk, www.xe.com

This is where the Pakistani market and the currency is today after the PTI Government has been in office for 8 months and 6 days. Not looking very rosey as promised before the elections.

 

[VCheng]

Not looking very rosey as promised before the elections.

Are you surprised by that outcome? After all, what they inherited is a disaster. It will take time to rectify.

 

[Pakistani Aircraft]

Are you surprised by that outcome? After all, what they inherited is a disaster. It will take time to rectify.

If PML- N had been elected, there wouldn't have been any need to rectify anything except PTI's childish attitude.

 

[Kabotar]

If PML- N had been elected, there wouldn't have been any need to rectify anything except PTI's childish attitude.

Even Shahid Khaqan was saying that Pakistan should go to IMF immediately. With 19B current account which was expected to be 24B this year. At least learn basic economics.

 

[Amigator]

Thursday 18th April 2019
Pakistan Stock Exchange: 36,811.86
Pakistani Rupee: PKR 141.658 = $1

Sources: www.psx.com.pk, www.xe.com

This is where the Pakistani market and the currency is today after the PTI Government has been in office for 8 months and 6 days. Not looking very rosey as promised before the elections.

Please, don't misguide people. This is the real market value of Pakistani rupee. Pakiatani rupee started to devaluate in Nawaz's era. But then ministry of finance sourced stability of PKR with foreign loans. Devaluation should have done long ago.

You also know when money devaluates prices goes up. So, infact this is what predecessors had done to us.

You will realize to this surely but lately.

Read this http://www.kcci.com.pk/research/ind...ests-higher-interest-rate-rupee-depreciation/

Why IMF is suggesting this in October 2018? Just after 3 months of newly elected government?

There is only one answer, PMLN only think for their 5 years. They didn't took any precautionary measures for right economy.
Now, next government is facing harsh time.

 

[VCheng]

If PML- N had been elected, there wouldn't have been any need to rectify anything except PTI's childish attitude.

The change of government was engineered by traditionally extra-constitutional means to serve a particular agenda.

 

[FOOLS_NIGHTMARE]

The change of government was engineered by traditionally extra-constitutional means to serve a particular agenda.

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

 

[Tameem]

Exports: 24.2 Billion $
Imports: 48.1 Billion $
GDP (Nominal): 305 Billion $
Growth: 5.79%
Debt: 95.1 Billion $
Remittances: 20 Billion $
1$ = 123.5 PKR.

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