Electricity agreements reached during Nawaz Sharif's tenure became shackles around Pakistan's neck, says Kamran Khan

[ziaulislam]

It both PTI and PMLN fault.

PMLN did not see the projects and was amazingly to fast and PTI delayed CPEC from the start of the year, which impact FDI, investments, projects and secondary investment.

PTI was clueless and another Imran khan statement that i have 200 finance team ready for Pakistan, which turned out to much worse than Isaq Dar.

Imran Khan is man with Speech but without any plan. He has no plan is fact that Pakistan has to deal with otherwise he would not have hired a person who has made worst bank ever in Pakistan ,which is Silk Bank and Union Bank.

Indeed its PTI fault that PMLN gave such high ROI deals
Also PTI fault that rupee devalued to 170/70% devaluation that will lead to 70% inflation(20%/yr)

Its also PTI fault that COVID came ..also PTI fault that global inflation is at 6% including in USA

 

[Desprado]

Indeed its PTI fault that PMLN gave such high ROI deals
Also PTI fault that rupee devalued to 170/70% devaluation that will lead to 70% inflation(20%/yr)

Its also PTI fault that COVID came ..also PTI fault that global inflation is at 6% including in USA

Go open a account in Silk Bank or Union Bank if you have guts and do not talk if your self cannot support stupidity.

 

[ziaulislam]

Finally its PTI fault that three major hydro dams all of who were stuck were started for the first time on public money rather than 20 ROI based expensive tarrif

Its PTI fault that private hydro projects of PMLN era will cost 8cents(14 rupees)

Go open a account in Silk Bank or Union Bank if you have guts and do not talk if your self cannot support stupidity.

I am stupid because the only way i can win an argument with an idiot is to become an idiot

 

[Desprado]

China Massage for PTI youth and media team.

https://twitter.com/x/status/1441339699340058624

https://twitter.com/x/status/1441340228527017991

https://twitter.com/x/status/1441340829495218180

@Norwegian seems like even China annoyed by PTI statements and speech.

 

[CriticalThought]

Let's start by leaving aside party politics and looking at this objectively. The NS government signed these agreements under the assumption that dollar rate will be kept artificially low. There is even a possibility that some corrupt person was gleefully rubbing his hand thinking he has forced any future government to keep the dollar artificially low.

Then along came the IK government with superficial knowledge of macroeconomics. They have learnt the single lesson 'Currency should be left to float freely' without considering the full impact of the decision. One part of this problem is the lack of capability in Ministry of Finance and State Bank. If these institutions were well managed, there would be mathematical models available, that take into account all liabilities faced by Pakistan, and the decision to freely float the rupee could have been stress tested against these models. As things stand, there is grand mismanagement in Pakistan into which the incompetent IK government has been thrown and decisions are being made haphazardly by amateurs.

Let us be very clear. Two billion dollars is nothing for even a moderately successful economy. You don't have to be a trillion dollar economy to pay two billion dollars in return for electricity production. The problem is, these agreements assume that electricity production will be immediately followed by economic activity which will lead to enough revenue generation for the government that it will be able to easily make the payments. And that was the next phase of CPEC.

Which then raises the question: why has the IK government dilly dallied on next phases of CPEC for three years? They kept stalling the work during initial phase of the government at the behest of Western masters, and now they are trying to create a divide between China and Pakistan. And Bajwa is complicit by being a silent spectator in this grand treason against Pakistan's vested interests. Meanwhile, after these stalling tactics, Chinese investors are also frustrated and are not interested to carry on further work.

 

[newb3e]

@Reichsmarschall , I was telling these fundos, Mullah lovin freaks are still Anti-Pak to this day
Now look they want to rile up Pakistanis against thier own army and how will you hang the generals

Surely not through peaceful means- so if you're smart enough to read his suggestion you'll know what he means deap down

Biggest internal enemy of Pakistan, India never did as much damage as these people

Traitors disguised as patriots, fundos are THE perfect illustration of Pakistani Meer Jaffars

They hijacked the country and slowly took out the patriots who made the country

Ahmedis, Shias, secular Muslims

They hate all these groups without whom Pak wouldn't exist

yeh man!

we are so anti Pakistan that we want Pakistan to get rid of Mafia so it can progress!!!

you bootlickers are Pakistans worst enemy!

 

[HAIDER]

https://twitter.com/x/status/1441027523458990098

I have a question how does this factor into everything that is happening at present? with the economy!

Lots of our PDF members were extremely upset when Imran Khan cabinet talk about CPEC project audits and look deep into all contract details ..... another Orange train sucks a massive budget, on top govt has to subsidize the project to make it functional.

 

[Norwegian]

There is even a possibility that some corrupt person was gleefully rubbing his hand thinking he has forced any future government to keep the dollar artificially low.

Ishaq Dollar?

 

[Desprado]

Lots of our PDF members were extremely upset when Imran Khan cabinet talk about CPEC project audits and look deep into all contract details .....

Yes that was the disaster. Until there Imran Khan there than you can expect there will be no major investment Chinese now.

Major Investment of Imran Khan is only 100 million right now.

Honesty does not give Intelligence and that is the hardest lesson Pakistan learned in this 3.5 years.

 

[CriticalThought]

Ishaq Dollar?

et al

Only Allah knows who was the main decision maker and who was just a face to show the world

 

[Desprado]

Ishaq Dollar?

He is criminal and why you talk about him.

Talk about we are we doing now. He done and dusted. Finished.

 

[Norwegian]

The problem is, these agreements assume that electricity production will be immediately followed by economic activity which will lead to enough revenue generation for the government that it will be able to easily make the payments. And that was the next phase of CPEC.

Still how come rate of return in dollars be 20 percent of the original investment?

 

[CriticalThought]

Still how come rate of return in dollars be 20 percent of the original investment?

In order to answer that question, we need to see similar agreements in other countries. I am too lazy to do a search right now. Would you like to do the honors?

 

[ziaulislam]

China Massage for PTI youth and media team.

https://twitter.com/x/status/1441339699340058624

https://twitter.com/x/status/1441340228527017991

https://twitter.com/x/status/1441340829495218180

@Norwegian seems like even China annoyed by PTI statements and speech.

Facts are facts
The prolem was never low power availibility but lack of transmission and cost effective tarrif

 

[Maula Jatt]

yeh man!

we are so anti Pakistan that we want Pakistan to get rid of Mafia so it can progress!!!

you bootlickers are Pakistans worst enemy!

Ok Anjum Chaudhary

You know exactly what you were doing, go to Afghanistan already no one needs your kind in Pakistan, or in the west or literally where ever you live just move out and go to Afghanistan