Forex reserves hit all-time high of $24.5bn: Finance Minister Ishaq Dar

[Cyberian]

Congratulations to Pakistan,

 

[dadeechi]

Credit should be given where it is due.

NS has turned the tide and put Pakistan on the path of prosperity. No wonder he is a great Businessman.

 

[shhh]

You all are just haters.

What makes you think that

India should buy more weapons and make more nukes... Pakistan will be forced to reciprocate ... this will dent its foreign exchange....

we are doomed

 

[Thəorətic Muslim]

Credit should be given where it is due.

NS has turned the tide and put Pakistan on the path of prosperity. No wonder is a great Businessman.

My friend was a fat @$$.

Easy 136kg.

Then he heard of liposuction.

Now he's 100kg.

He's a great nutritionist.

 

[dadeechi]

My friend was a fat @$$.

Easy 136kg.

Then he heard of liposuction.

Now he's 100kg.

He's a great nutritionist.

There is a TB patient who lost all the muscle and has become a living skeleton.

A skillful doctor treats the patient, provides all the proteins and nourishment, makes the TB patient a Body builder.

That Doctor is NS.

 

[Thəorətic Muslim]

There is a TB patient who lost all the muscle and has become a living skeleton.
A skillful doctor treats the patient, provides all the proteins and nourishment, makes the TB patient a Body builder.
That Doctor is NS.

There's a World-wide Medical Conference on transplants.

The Japanese congregation excitedly proclaim they've transplanted a brain.

The Brits having drank their mid day tea, only had time to transplant a heart, in 5 hours.

The Americans not to be outdone transplanted common sense.

The Pakistanis rejoice, having outdone them all, elected a man without a brain, heart, or common sense to become President.

 

[Thorough Pro]

next years, target should be 100 billion. Hopefully with the power projects starting come online shortly (one after the other|) manufacturing sector would be able to increase production and exports.

Finance Minister Ishaq Dar on Friday announced Pakistan's foreign exchange reserves have hit an all-time high of $24.5 billion.

The finance minister congratulated Prime Minister Nawaz Sharif and the nation on the achievement.

"There was a time when the country had reserves equal to a few weeks payment of the import bill but now we have reached a level where we have foreign exchange reserves equal to six months of import bill," Dar said.

The State Bank of Pakistan holds $19.5bn in reserves, whereas commercial banks have $5bn in reserves.

"We have worked really hard to reach this new level of reserves," the finance minister said. "Pakistan is not what it was three years ago. The country is more stable and international investors see Pakistan as a new destination for its investments."

All this has happened with the constant hard work under the leadership of PM Nawaz, he said.

http://www.dawn.com/news/1289972/fo...time-high-of-245bn-finance-minister-ishaq-dar

 

[dadeechi]

There's a World-wide Medical Conference on transplants.

The Japanese congregation excitedly proclaim they've transplanted a brain.

The Brits having drank their mid day tea, only had time to transplant a heart, in 5 hours.

The Americans not to be outdone transplanted common sense.

The Pakistanis rejoice, having outdone them all, elected a man without a brain, heart, or common sense to become President.

An American, an Indian, and a Pakistani go to hell and plead the Devil that they don't belong there. The Devil makes them an offer: "I will strike you 3 times with my whip, and if you survive, I'll let you go. You can use anything you want as a shield".

The American goes first. He builds a high-tech shield from depleted uranium and composites, and hides behind it. The Devil strikes once - the shield cracks; twice - the shield falls apart; thrice - the American is no more.

Next goes the Indian. He puts himself in some advanced Yoga position and goes into deep hibernation. The Devil strikes once - nothing; twice - the Indian shivers a bit; thrice - the Indian grunts, but lives. The Devil is amazed and tells him he's free to go. The Indian asks "May I stay and watch? He continues says that the Pakistanis somehow always come out on top. I want to see how he will do it this time". The Devil nods and turns to the Pakistani: "So, what will you use as a shield?"

The Pakistani: "The Indian, of course".

 

[dy1022]

India should buy more weapons and make more nukes... Pakistan will be forced to reciprocate ... this will dent its foreign exchange....

India is a debtor nation, net IIP stood at US$ -353.1 billion at end 2016 Q2.
https://www.rbi.org.in/Scripts/BS_PressReleaseDisplay.aspx?prid=38199



India lives by hot money and loans !!!




Also see below what happened !!!


Global Hunger Index: Welcome to India, world's hottest economy where 39% kids are stunted

http://www.firstpost.com/business/g...my-where-39-children-are-stunted-3046864.html

 

[Salahuddin Ayubi]

The debt trap, is what Nawaz and Dar have landed us in.

Dar is "the" economic hitman.

 

[Modagudu]

There is a TB patient who lost all the muscle and has become a living skeleton.

A skillful doctor treats the patient, provides all the proteins and nourishment, makes the TB patient a Body builder.

That Doctor is NS.

And who is that lucky patient?

 

[hassan zohaib]

Finance Minister Ishaq Dar on Friday announced Pakistan's foreign exchange reserves have hit an all-time high of $24.5 billion.

The finance minister congratulated Prime Minister Nawaz Sharif and the nation on the achievement.

"There was a time when the country had reserves equal to a few weeks payment of the import bill but now we have reached a level where we have foreign exchange reserves equal to six months of import bill," Dar said.

The State Bank of Pakistan holds $19.5bn in reserves, whereas commercial banks have $5bn in reserves.

"We have worked really hard to reach this new level of reserves," the finance minister said. "Pakistan is not what it was three years ago. The country is more stable and international investors see Pakistan as a new destination for its investments."

All this has happened with the constant hard work under the leadership of PM Nawaz, he said.

http://www.dawn.com/news/1289972/fo...time-high-of-245bn-finance-minister-ishaq-dar

it is undeniable fact that NS govt has reached at this level but ,in other countries, this type of bragging would have different meaning but here in Pakistan this figure is totally opposite meaning depicting some positive and negative news.
I would not write up about negativities rather i want to add something positive because this thread has ignored this.
atleast NS should be given credit that International investors are posing confidence in short and long term picture of Pakistan otherwise they would not have given such response to any loan bid that Pak initiated.just remind yourself how much bids we have got for our sukkoks as well as our long term bonds and whom we got these bids from, definitely the formidable institutions. If these investors had some reservations then they would not definitely involve in bid rather they have shown some rosy picture about Pak economy outlook.

 

[Śakra]

There's a World-wide Medical Conference on transplants.

The Japanese congregation excitedly proclaim they've transplanted a brain.

The Brits having drank their mid day tea, only had time to transplant a heart, in 5 hours.

The Americans not to be outdone transplanted common sense.

The Pakistanis rejoice, having outdone them all, elected a man without a brain, heart, or common sense to become President.

Are you Hasina, because you're create great at cooking up stories!

 

[Thəorətic Muslim]

The Pakistani: "The Indian, of course".

There are a few boys sitting in front of the girl's college, exchanging stories of bravado.

The first boy talks about his legs, having had them run over by a train when he push some kids out of the way. He was offered the legs of a Arabian Horse. "I didn't have to think twice, if you want we can go for a long journey, with you on my back."

The second boy says: "check out my Australian Eagle wings I have for arms. I fell off a tree trying to save a kitten, breaking my arms, the doctors offered me the change to have these wings, now anytime you want we can go to Paris."

The third boy is has to impress. He asks the girls if they're thirsty. When they respond yes. He offers to talk them to his father, who lost his stomach in a freak accident. "The doctors transplanted the stomach of a cow, now every morning, evening, and night he gives off 32 liters of milk."

Wonder how long we can keep this up.