Maryam Nawaz Jalsa in Swabi KPK

[Wood]

Devaluation happened because of overvalued exchange rate in your favorite Pmln govt View attachment 843195View attachment 843197View attachment 843196

I've seen your charts a 100 times now. Don't threaten me with it

Devaluation from PTI is a GOOD thing for Pakistan. But I don't credit PTI for it. IMF asked PTI to devalue currency when Imran went to IMF after a delay. That is all I'm saying.

 

[Norwegian]

I've seen your charts a 100 times now. Don't threaten me with it

Devaluation from PTI is a GOOD thing for Pakistan. But I don't credit PTI for it. IMF asked PTI to devalue currency when Imran went to IMF after a delay. That is all I'm saying.

IMF is lender of last resort. It's like a central bank of the world. Your India too went to IMF in 1991 after facing similar crisis Pakistan faces every 5 years. Only difference is India went there once and fixed its economy. Pakistan has gone there 22 times already without fixing its economy.

How WB,IMF got India to adopt reforms in 1991

Its open to the public now. Declassified documents from the World Bank show how it and the International Monetary Fund chivvied and cajoled India into economic liberalisation in the summer of 1991.

indianexpress.com

 

[Wood]

IMF is lender of last resort. It's like a central bank of the world. Your India too went to IMF in 1991 after facing similar crisis Pakistan faces every 5 years. Only difference is India went there once and fixed its economy. Pakistan has gone there 22 times already without fixing its economy. View attachment 843205

How WB,IMF got India to adopt reforms in 1991

Its open to the public now. Declassified documents from the World Bank show how it and the International Monetary Fund chivvied and cajoled India into economic liberalisation in the summer of 1991.

indianexpress.com

Everybody knows this history. What is your point?

Sometimes I think you are just trolling Pakistan. Are you an Indian under cover?! I will not be surprised if that is the case

 

[Norwegian]

Everybody knows this history. What is your point?

Point is Pakistan is using IMF, WB etc to kick the can down the road. If the intention was to fix its economy they would have done it the first they went to IMF like India. But Pakistan keeps going to IMF again and again every 5 years instead of fixing the structural problems in its economy. The dependency on IMF and other international lenders has thus become habitual instead of one time emergency loan.

 

[ghazi52]

.,.,.,

 

[Gripen9]

FYI - I'm not a PLMN supporter. I only want to learn the rationality of criticism on PLMN's macro economic policies from PTI supporters. So far, I've only seen currency manipulation. PTI for its part has fuel subsidy which damages economy the same way. Also, PTI's currency devaluation policy was dictated by IMF

Currency manipulation that artificially inflated PKR which in turn destroyed exports and made us into a import oriented economy....

EDIT: PMLN core voter base is made up of traders. All they want was low import cost so they could make money.

 

[PakSword]

https://twitter.com/x/status/1524453640777392129

Hina Parvez Butt

 

[PakSword]

Zor ka jhatka dheeray se lagey

I feel bad for the guy by the way!

 

[Wood]

Point is Pakistan is using IMF, WB etc to kick the can down the road. If the intention was to fix its economy they would have done it the first they went to IMF like India. But Pakistan keeps going to IMF again and again every 5 years instead of fixing the structural problems in its economy. The dependency on IMF and other international lenders has thus become habitual instead of one time emergency loan. View attachment 843206

What structural reform do you propose for Pakistan? In India's case the reforms were about opening the economy to outside investors. But Pakistan is already open for business.

Question is open for anyone who has idea in the matter

 

[Norwegian]

But Pakistan is already open for business.

It's not. Overseas Pakistanis have lost everything investing in Pakistani real estate market. Pakistan has very few export oriented industries to invest for foreigners. Recently a few tech startups have started to attract global capital but it's still in its infancy stage unlike India, Israel or Singapore

 

[Wood]

It's not. Overseas Pakistanis have lost everything investing in Pakistani real estate market. Pakistan has very few export oriented industries to invest for foreigners. Recently a few tech startups have started to attract global capital but it's still in its infancy stage unlike India, Israel or Singapore

Sure. Tech is a good sector for English speaking population that Pakistan has. But you are not addressing the structural reform that you want to see?

 

[Norwegian]

Sure. Tech is a good sector for English speaking population that Pakistan has. But you are not addressing the structural reform that you want to see?

See this thread for reforms

Why Pakistan could not be reformed / fixed so far?

I wanted to write this for a long time but was a bit afraid of reaction from the readers. But now after observing what's happening to Pakistan lately, I cannot wait any longer. So lets start: 1) Economy No nation can survive without building sustainable economy. State of Pakistan failed to do...

defence.pk

 

[Goritoes]

Its funny that Journalists like Salim Safi, Gareeda Faroqi , Hamid mir are now not even pretending to be neutral, they all had taken sides and very open about it and yet we are suppose to respect the media ? lol

 

[RescueRanger]

,.,.,.,
View attachment 843155

I'm stealing this meme!

 

[Black.Mamba]

Hina Parvez Butt

Can I make a confession here?

I went to school with her and the entire university knew her as "Walls" & "Tooti Fruiti"

Her clothing and make up style earned her these titles