Moody’s Raises Pakistan Outlook as Economy Improves Under Sharif

[Kabira]

cheapest energy we are importing from tehran which will cost us 6+1 rs=7rs
from iran we are playing 12 rs. from india proposed price is 20, and from china it should be higher than 16

producing power via hydro,local coal or even imported is better than any of the above. even though imported coal will be somehwat expenive but it will give local jobs and local push

producing power via even furnace oil is better and cheaper than importing from china or india
producing via imported coal or imported LNG is way cheaper or better than importing from iran
govt is just looking for a shortcut

remember importing power means your GDP decreases the amount of import but producing it yourself increase your GDP. e.g if we import 10 billion units it will decrease our gdp by 1-2%!



haha, i am resident physician actually ! the reason for sporadic and full of mistakes posts

Now why would Pak import electricity at 16/unit, does not make any sense at all. The updated figure will be much lower now considering reduction in price of unit generated with oil to rs 10.

 

[Muhammad Omar]

cheapest energy we are importing from tehran which will cost us 6+1 rs=7rs
from iran we are playing 12 rs. from india proposed price is 20, and from china it should be higher than 16

where did you got these figures??

 

[Kabira]

Even with diesel unit price is now rs 15, so China most have offered under rs 10 per unit. Probably rs 6-7 which is good price.

 

[SQ8]

In other words, where Zardari destroyed everything and took home 90%.. the Sharif's were able to keep things barely living and only took home 50%.

 

[SipahSalar]

In other words, where Zardari destroyed everything and took home 90%.. the Sharif's were able to keep things barely living and only took home 50%.

But don't expect a miracle if IK comes, 40%?

 

[SQ8]

But don't expect a miracle if IK comes, 40%?

You cant expect a miracle with anyone. Even Musharraf's "Miracle" died out by 2008.

 

[ziaulislam]

problem is that EDUCATED people dont pressurize the political parties to perform..we simply have PPPP, PTI and PML N jayalays..

they will defend all the bads and praise the goods of their leaders

 

[SQ8]

problem is that EDUCATED people dont pressurize the political parties to perform..we simply have PPPP, PTI and PML N jayalays..

they will defend all the bads and praise the goods of their leaders

Please be clear when referring to the term EDUCATED. Pakistan has a good literacy rate but education is still scarce.

 

[WishLivePak]

@ziaulislam
What our resident economist think about this move from Moody's?

Oh please go away.

Nawaz gave millions of dollars to Moody to bump up Pakistan rating so he can win local elections. This is al yahoodi sadish.

Please be clear when referring to the term EDUCATED. Pakistan has a good literacy rate but education is still scarce.

I think we're quite educated, but also very emotional. When bad times arise or decision making times, emotions take over education.

Example: Should I vote PPP? Well, I'm a doctor and I should make rational decision. But Bhutto died for me, so I'll vote PPP.

 

[Tameem]

Please be clear when referring to the term EDUCATED.

People who cant do anything positive by themselves
Neither they want to let anyone else at the same time

 

[ziaulislam]

Please be clear when referring to the term EDUCATED. Pakistan has a good literacy rate but education is still scarce.

any one who can read, has access to information and has IQ above 80 is educated..
we are all humans we understand the implication of our actions, however, we still choose to do so due to reasons like racism, nationalism and nepotism.
why do you think PPPP and PML N keep on winning in educated class of doctors, engnr, teachers etc..? ultimately the agree that they are not good but still vote for them

Oh please go away.

Nawaz gave millions of dollars to Moody to bump up Pakistan rating so he can win local elections. This is al yahoodi sadish.
.

people mis understand this post.
the post says pakistan outlook is very unstable but oil price fall and the fact the nawaz borrowed billion from outside has decreased Pakistan chances of being defaulted (and thus increased rating)
and this is very true.

i still dont understand whats so positive in this news?
even today our rating is very bad , just a few base line above being defaulted and better from countries like argentina who have defaulted..rating doesn't show your govt performance, it just shows whats the chance of you being defaulted!

 

[WishLivePak]

any one who can read, has access to information and has IQ above 80 is educated..
we are all humans we understand the implication of our actions, however, we still choose to do so due to reasons like racism, nationalism and nepotism.
why do you think PPPP and PML N keep on winning in educated class of doctors, engnr, teachers etc..? ultimately the agree that they are not good but still vote for them



people mis understand this post.
the post says pakistan outlook is very unstable but oil price fall and the fact the nawaz borrowed billion from outside has decreased Pakistan chances of being defaulted (and thus increased rating)
and this is very true.

i still dont understand whats so positive in this news?
even today our rating is very bad , just a few base line above being defaulted and better from countries like argentina who have defaulted..rating doesn't show your govt performance, it just shows whats the chance of you being defaulted!

Do you know how Moody works? Give this a read: Standard & Poor's - Wikipedia, the free encyclopedia

Why is USA not AAA? Clearly USA cannot default under current circumstances. Or China, which has a trillion stashed in the US.

 

[ziaulislam]

Do you know how Moody works? Give this a read: Standard & Poor's - Wikipedia, the free encyclopedia

Why is USA not AAA? Clearly USA cannot default under current circumstances. Or China, which has a trillion stashed in the US.

google it.
USA till very recently was AAA but when the federal govt got close to default due to lack of congress support, so it was downgraded.
Moody believes that china govt is not stable and therefore it cannot give it powerful rating no matter who prosperous it seems.
its only natural that Pakistan rating will go up as soon as she signed with IMF. it has nothing to do with PML N economical performance

 

[ghoul]

Do you know how Moody works? Give this a read: Standard & Poor's - Wikipedia, the free encyclopedia

Why is USA not AAA? Clearly USA cannot default under current circumstances. Or China, which has a trillion stashed in the US.

USA has 17 trillion debt now, more than their gdp, that's why.

 

[WishLivePak]

USA has 17 trillion debt now, more than their gdp, that's why.

And China has debt too?

USA will NEVER default. It just can't. It will cause the ripple effect across the whole world. There are any other reasons why Moody downgraded. But it's not the 17t debt.