Federal Minister Faisal Vawda: People will pay Rs200 for a litre of petrol if needed

[Mav3rick]

Your knowledge of economy is indeed beyond the figures of SBP, who am I to challenge you dear.

It was such a piece of cake that Ishaq Dar didn't even dare think about paying it but kept on increasing its size so that he could claim..."If bread is expensive then the poor should eat Cake".

I do agree with the notion though, only an idiot could compare Pakistan's economy with USA and Japan.

Assertions and innovations, based on false logic and propaganda, pretty much sums up your entire posts. And so, instead of realizing your mistake, especially on omitting the CPEC part of the foreign debt, you chose to post further gibberish. It is typical of those who have no foundation, so no surprises there.

 

[kris]

Its not bullshit but fact in humorous way
You know what is " Sabaz bhaag dhikana"

https://twitter.com/x/status/947819384612978688

Karma is a bi*ch...
It came back right on time to IK

People at such positions should be cautious of what they speak

 

[Shane]

Assertions and innovations, based on false logic and propaganda, pretty much sums up your entire posts. And so, instead of realizing your mistake, especially on omitting the CPEC part of the foreign debt, you chose to post further gibberish. It is typical of those who have no foundation, so no surprises there.

Enough is clearly not enough for the lying breed called PMLN supporters.

Where did you fantasize the amount of CPEC LOAN and then mixed it with foreign debt of Pakistan with an equally lame attempt to make a flaccid excuse seem otherwise, lol...all to make PMLN corrupt government look smart.

especially on omitting the CPEC part of the foreign debt

Omitting CPEC loans, lol, how old are you???

Facts, your self proclaimed highness of economic genius, with a brain of a 5 year old, lol, facts:

1. CPEC investment for 22 projects till 2018 stands at 18 billion Dollars dear. Not 50 billion or whatever gibberish figures you have fantasised in your obnoxious post.

2. Out of those 18 billion Dollars, 12 billion dollars are Chinese companies investing in energy projects, the loan is at 5% to be returned over 12-18 year period.

3.These CPEC "energy" projects are investment in nature, which is purely independent business behavior of those Chinese companies.

Do you know what that means, my dear economic genius???

It means the Chinese companies are responsible for profit and loss of their investment and loans they have taken from commercial banks...meaning what???

Pakistan Government does not have to pay for these Chinese companies investment loans.

Ponka or no Ponka yet? Lol. That's leaves what? 6 billion Dollar direct loan from China.

4. Pakistan will repay only $ 6.017 billion
(Category I $ 5.874 billion and Category III $ 0.143 billion) and their interests to China.

Fact is that...PMLN GOVERNMENT DROWNED PAKISTAN IN FOREIGN DEBT OTHER THAN CPEC AND ISHAQ DAR IS JUST THE BAND MASTER OF PMLN ECONOMIC TERRORISTS.

Go do your research about foreign debt of Pakistan or keep posting obnoxious excuses in favour of your corrupt to the core, obsconder leadership.

 

[Dubious]

I don't really. When you compare the situation that PPP left for PML you would be surprised at the position that PML Government left us in.

So PPP left us in a bad situation and instead of making it better PMLN did the same? Coz the current situation didnt happen overnight!

And when you add to it the difficulties that were created for PML by the establishment either directly or through PTI (Dharnas and seizure of Islamabad whereby visits of heads of state from China, Turkey and Russia were cancelled), parasites such as Khadim Rizva & Chief Justice with his galore of Suo Moto notices of each and every move of the Government etc.

You think Dharna was capable of doing this but not PMLN? lovely!

With a clear mind and conscience, just think about it, how much more the PML Government would have been able to accomplish if the Establishment was assisting and supporting it as it is doing with the PTI Government? With no nonsense and endless Suo Moto notices, with no victimization with NAB and with no non-democratic actions by PTI and others such as Khadim Rizvi etc.; even with their corruption.

Well, to get "current treatment" you need to be diplomatic and talk...When instead of talking you accuse...Then you cant blame the other for putting a muzzle on you ESP when start siding the enemy [India]

 

[Mav3rick]

Enough is clearly not enough for the lying breed called PMLN supporters.

Where did you fantasize the amount of CPEC LOAN and then mixed it with foreign debt of Pakistan with an equally lame attempt to make a flaccid excuse seem otherwise, lol...all to make PMLN corrupt government look smart.

PML Government was/is corrupt, can that be disputed? No, it cannot be. And I am not trying to do that either. I am merely trying to prove, with facts, that the picture that is being presented by PTI is a farce and that situation today is a lot worse because the caretaker Government and the PTI Government had/have no idea how to run the Government.

CPEC Loan is actually classified. However, it's return is estimated in the range of 48-54 Billion USD at the current rate.

Omitting CPEC loans, lol, how old are you???

Facts, your self proclaimed highness of economic genius, with a brain of a 5 year old, lol, facts:

1. CPEC investment for 22 projects till 2018 stands at 18 billion Dollars dear. Not 50 billion or whatever gibberish figures you have fantasised in your obnoxious post.

2. Out of those 18 billion Dollars, 12 billion dollars are Chinese companies investing in energy projects, the loan is at 5% to be returned over 12-18 year period.

3.These CPEC "energy" projects are investment in nature, which is purely independent business behavior of those Chinese companies.

Do you know what that means, my dear economic genius???

It means the Chinese companies are responsible for profit and loss of their investment and loans they have taken from commercial banks...meaning what???

Pakistan Government does not have to pay for these Chinese companies investment loans.

Ponka or no Ponka yet? Lol. That's leaves what? 6 billion Dollar direct loan from China.

4. Pakistan will repay only $ 6.017 billion
(Category I $ 5.874 billion and Category III $ 0.143 billion) and their interests to China.

Fact is that...PMLN GOVERNMENT DROWNED PAKISTAN IN FOREIGN DEBT OTHER THAN CPEC AND ISHAQ DAR IS JUST THE BAND MASTER OF PMLN ECONOMIC TERRORISTS.

Go do your research about foreign debt of Pakistan or keep posting obnoxious excuses in favour of your corrupt to the core, obsconder leadership.

I am the one with a 5 year old brain thinking here that even a 5 year old can make a difference between investment in 2018 of USD 18 Billion (as per point # 1) and foreign debt; where as one is incoming and the other the is payable sometime later.

However, I understand the dilemma, commerce and finance is not everybody's game. It is therefore not even possible for me to start explaining how experts are concerned of up to USD 100 Billion debt by the Chinese CPEC loans alone!!

I know your likes try to win arguments with your level of competence and intellect, I cannot really climb down that low, especially when my aim is merely to educate my fellow forum members and not to take matter personally. So let me wind this up by saying that we have always been told if something sounds too good to be true, it usually is! and so, with all the secrecy around CPEC terms, it is better to leave the matter to the experts.

 

[Dubious]

Which brings us to the period of Caretaker Government and the current PTI led Government. I believe that the damage these 10 months or so have done is more than the damage that entire duration of PML had done. The devaluation alone is so criminal that those responsible for it should be held accountable. And that is just the tip of the iceberg.

Now this analysis is incorrect!

You see this is accumulative damage not to be taken for a single / start of a tenure...Because no way can a great economy [left by previous tenure] turn sour within MONTHS!

because the caretaker Government and the PTI Government had/have no idea how to run the Government.

and PPP and PMLN knew how to run a govt? Really? Do enlighten us their exemplary skills

 

[Mav3rick]

So PPP left us in a bad situation and instead of making it better PMLN did the same? Coz the current situation didnt happen overnight!

PPP left us in a much worse state than PML left us. It is PTI which has really wreaked havoc with the economy (with a little help from the caretaker Government).

You think Dharna was capable of doing this but not PMLN? lovely!

All you got from my post is dharna? What about Suo Moto notices, NAB inquiries, Khadim Rizvi and overall pressure tactics by the establishment?

Well, to get "current treatment" you need to be diplomatic and talk...When instead of talking you accuse...Then you cant blame the other for putting a muzzle on you ESP when start siding the enemy [India]

Perhaps PML made mistakes in that regard. However, does that mean take revenge on all Pakistan and all Pakistanis?

 

[Dubious]

PPP left us in a much worse state than PML left us. It is PTI which has really wreaked havoc with the economy (with a little help from the caretaker Government).

So you mean to say PMLN managed to fix something coz you are claiming they left us in a better state?!

All you got from my post is dharna? What about Suo Moto notices, NAB inquiries, Khadim Rizvi and overall pressure tactics by the establishment?

That also happened in PTI tenure...And arm twisting also happened in PTI tenure when a man who is being investigated for corruption is forced upon current govt to be approved as PAC chairman...what do you call that? How is that not taken into account?

Perhaps PML made mistakes in that regard. However, does that mean take revenge on all Pakistan and all Pakistanis?

What revenge? If you call this revenge than their wrath is upon us for paying back the loans they took and disappeared with! THAT is what we are paying back and will be for generations! THAT is the extent of the REAL damage...A damage so grand it goes generations deep!

 

[baqai]

yet ANOTHER gem of Naya Pakistan Promise

 

[Shane]

PML Government was/is corrupt, can that be disputed? No, it cannot be. And I am not trying to do that either. I am merely trying to prove, with facts, that the picture that is being presented by PTI is a farce and that situation today is a lot worse because the caretaker Government and the PTI Government had/have no idea how to run the Government.

CPEC Loan is actually classified. However, it's return is estimated in the range of 48-54 Billion USD at the current rate.





I am the one with a 5 year old brain thinking here that even a 5 year old can make a difference between investment in 2018 of USD 18 Billion (as per point # 1) and foreign debt; where as one is incoming and the other the is payable sometime later.

However, I understand the dilemma, commerce and finance is not everybody's game. It is therefore not even possible for me to start explaining how experts are concerned of up to USD 100 Billion debt by the Chinese CPEC loans alone!!

I know your likes try to win arguments with your level of competence and intellect, I cannot really climb down that low, especially when my aim is merely to educate my fellow forum members and not to take matter personally. So let me wind this up by saying that we have always been told if something sounds too good to be true, it usually is! and so, with all the secrecy around CPEC terms, it is better to leave the matter to the experts.

Ive posted facts in the face of your farce dear, get over it.

I'm not the idiot who compared Pakistan's economy with that of USA and Japan.

 

[Dubious]

yet ANOTHER gem of Naya Pakistan Promise

Prices rose around the world...Was Naya Pakistan responsible for that too?
Why should Pakistan subsidize it for you?

 

[thunderr]

Increase the wages too .. 15 K pay with Gas bill of 41 k and 40 K bill of electricity [emoji75][emoji75][emoji75]

 

[baqai]

Prices rose around the world...Was Naya Pakistan responsible for that too?
Why should Pakistan subsidize it for you?

Read FVG's statements from past ... he is among the few venomous snakes IK have around him

 

[thunderr]

yet ANOTHER gem of Naya Pakistan Promise

Where were you when PPP and N league looted this country ? Give IK some time.

 

[baqai]

Where were you when PPP and N league looted this country ? Give IK some time.

He promised 100 days, his spokespersons promised a virtual heaven in all the speeches, my problem is not giving time, my problem is that level of expectations was set unrealistically high and now they have to turn back on most of their statements, that's my problem why do BS in the first place?