Govt moves to ‘cool down’ an ‘over heating’ economy

[Norwegian]

What is over heating of economy?

داڑھی مونچھ سے بڑھ جانا

 

[Desprado]

I'm not sure what the problem is here. Weak economies like ours need to correct themselves using policy intruments with the least fallout. If anything, this is actually a sign that the govt is invested fully into improving the economy for sustainable long term growth instead of putting in a short sprint of above 5% GDP growth like the Nooras and then winning the election.

The economy is overheating because the concessions made to kick start activity post corona led to sharper recovery then initially estimated. These are actually good signs instead of what this @Desprado - Maryam's buddy is spewing without any idea of economics...

Wrong. Hafez Sheik was right and Imran Khan was wrong. Delayed IMF program was the worst Idea of Imran Khan ,which can make him lose 2023 election.

There plan was to freeze IMF program till 2023 so that Imran Khan can cheaply win 2023 election but shortcuts always lead to accidents. Shaukat bluffed imran khan and give a him a fariy tale that we will trees of dollars through FDI, Exports and RDA, which did not happen as expected that is why you had 2.3 billion dollar CAD in just 2 months.

https://twitter.com/x/status/1438763191769739266

Now Imran Khan has wasted 4 months and nearly brought Pakistan same level as 2019 ,where, they will increase interest to 10% and super tight fiscal policiy because IMF never likes CAD because it is a debt. This whole mess of growth is created by Shaukat Tarin and Imran Khan believed his lies and now his senate seat is in doubt.

 

[Norwegian]

Pakistan set target of 4.8% growth rate but right now its going well above that. Problem is growth is import led and exports are not growing at the same rate. Hence the need to cool down.

Yes, it's unrealistic target. World bank calculations show any growth above 4 percent is disastrous for Pakistan's external sector. Still all govts go for maximum growth in the shortest amount of time. Idiots

Wrong. Hafez Sheik was right and Imran Khan was wrong. Delayed IMF program was the worst Idea of Imran Khan ,which can make him lose 2023 election.

There plan was to freeze IMF program till 2023 so that Imran Khan can cheaply win 2023 election but shortcuts always lead to accidents. Shaukat bluffed imran khan and give a him a fariy tale that we will trees of dollars through FDI, Exports and RDA, which did not happen as expected that is why you had 2.3 billion dollar CAD in just 2 months.

https://twitter.com/x/status/1438763191769739266

Now Imran Khan has wasted 4 months and nearly brought Pakistan same level as 2019 ,where, they will increase interest to 10% and super tight fiscal policiy because IMF never likes CAD because it is a debt. This whole mess of growth is created by Shaukat Tarin and Imran Khan believed his lies and now his senate seat is in doubt.

 

[FOOLS_NIGHTMARE]

https://twitter.com/x/status/1440722961518850058

 

[Jungibaaz]

Inflation is on the March everywhere, the deflationary Eurozone economy which in normal conditions doesn’t even scratch 1% despite ECB’s APP, it’ll be reaching 4% in Q4 21.

 

[Norwegian]

https://twitter.com/x/status/1440722961518850058

مہنگائی پوری دنیا میں ہے اس کا ذمہ دار بھی عمران خان ہے، میڈیا

 

[Desprado]

Inflation is on the March everywhere, the deflationary Eurozone economy which in normal conditions doesn’t even scratch 1% despite ECB’s APP, it’ll be reaching 4% in Q4 21.

Pakistan has second highest inflation whole region due to Shaukat Tarin policy.

 

[Norwegian]

Inflation is on the March everywhere, the deflationary Eurozone economy which in normal conditions doesn’t even scratch 1% despite ECB’s APP, it’ll be reaching 4% in Q4 21.

https://twitter.com/x/status/1440722961518850058

Doesn't matter. Media and opposition is of the view that Imran Khan is responsible for global inflation as well. And people are buying their lies as they always do.

 

[FOOLS_NIGHTMARE]

مہنگائی پوری دنیا میں ہے اس کا ذمہ دار بھی عمران خان ہے، میڈیا

https://twitter.com/x/status/1440787622322835466

 

[Norwegian]

Pakistan has second highest inflation whole region due to Shaukat Tarin policy.

Yes and no. Although artificial increase in demand cause inflation, the resulting imports do cool it down a few months.

https://twitter.com/x/status/1440787622322835466

ہر حکومت کو آئینی طور پر ۵ سال ملتے ہیں جبکہ پاکستانی حکومت بنتے ہی اسے ختم کرنا شروع کر دیتے ہیں۔ اس جہالت کا کیا علاج ہے؟

 

[Desprado]

Yes and no. Although artificial increase in demand cause inflation, the resulting imports do cool it down a few months.

They are creating shortage due fixing prices of products ,which it self is disaster and it only tells that they did not had any plan for the growth accept just imports that is all. Totally flopped budget and today market again in disaster due to PKR again today went to 169 due to increase in imports and it has one direction since 5 months, which it self creates speculators and dollarization.

Pakistan Stock Exchange Limited -

PSX provides a reliable, orderly, liquid and efficient digitized market place where investors can buy and sell listed companies’ common stocks and other securities. For over 60 years, the Exchange has facilitated capital formation, serving a wide spectrum of participants, including individual...

www.psx.com.pk

 

[FOOLS_NIGHTMARE]

Doesn't matter. Media and opposition is of the view that Imran Khan is responsible for global inflation as well. And people are buying their lies as they always do.

KARMA, Piyaray Bhai.

https://twitter.com/x/status/1440797555164516353

 

[Norwegian]

They are creating shortage due fixing prices of products ,which it self is disaster and it only tells that they did not had any plan for the growth accept just imports that is all. Totally flopped budget and today market again in disaster due to PKR again today went to 169 due to increase in imports and it has one direction since 5 months, which it self creates speculators and dollarization.

Pakistan Stock Exchange Limited -

PSX provides a reliable, orderly, liquid and efficient digitized market place where investors can buy and sell listed companies’ common stocks and other securities. For over 60 years, the Exchange has facilitated capital formation, serving a wide spectrum of participants, including individual...

www.psx.com.pk

Shaukat Tareen is a walking talking disaster for Pakistan's economy

KARMA, Piyaray Bhai.

https://twitter.com/x/status/1440797555164516353

نواز شریف کو نہ نکالتے تو ۲۰۱۸ میں پاکستان دیوالیہ ہو جاتا ہے

Why Is Pakistan Going Bankrupt?

To put it simply, in Pakistan - debt is soaring, the Current Account Deficit is widening, reserves are dangerously low, and the currency has been devalued four times in just eight months.

www.thequint.com

'Bankrupt' Pakistan grid adds to Imran Khan's economic liabilities

Pakistan has added half of its power generating capacity in the past five years with Chinese help but a weak distribution network means companies and households are still bereft of electricity

wap.business-standard.com

 

[blueazure]

dollar at 170 inter bank

 

[Desprado]

Shaukat Tareen is a walking talking disaster for Pakistan's economy

نواز شریف کو نہ نکالتے تو ۲۰۱۸ میں پاکستان دیوالیہ ہو جاتا ہے

Why Is Pakistan Going Bankrupt?

To put it simply, in Pakistan - debt is soaring, the Current Account Deficit is widening, reserves are dangerously low, and the currency has been devalued four times in just eight months.

www.thequint.com

'Bankrupt' Pakistan grid adds to Imran Khan's economic liabilities

Pakistan has added half of its power generating capacity in the past five years with Chinese help but a weak distribution network means companies and households are still bereft of electricity

wap.business-standard.com

PTI fans think he is a charm. Just wait for October.