Pakistan: Back to IMF again as expected.

[BHarwana]

@Ali Tariq I said Saudis are investing and I was never wrong. Okay let's PTI is a liar now my question is are Chinese also liars?

https://twitter.com/x/status/1050468917184004096

 

[POPEYE-Sailor]

 

[SunilM]

tomato derivates trader

Good one!!

 

[Nilgiri]

Our leading economist and tomato derivates trader just said imports will go down now that the pkr has depreciated wrt the USD?!?!?!?!?!

Overall he is right on that one (at least pressure wise). Basically each PKR buys less than it used to (externally). However it really depends how elastic/inelastic Pakistans imports are (i.e how much Pakistan can substitute its own local production for them...i.e does it have capacity to do so and how important are they to the function of the economy).

For example energy is very inelastic good....so if its a big part of your import composition (along say manufactured goods, electronics etc that you have no capacity yourself to make)...then your imports will not reduce all that much in the end...and may even increase in total value (i.e you are forced to buy them at same amounts as before regardless)...and passed on internally as another inflationary pressure too.

@VCheng

 

[Kaniska]

Okay to service the labour market you can have -

• Preferance
• Merit

Assume that Indians are superior on the merit. So in a open labour market they will end up coming on top. And that is what exactly is the situation with GCC/KSA. This explains why Indians dominate the labour market and as a result India earns from Saudia Arabia, UAE etc nearly $50 billion every year in remittances.

But if this is about merit why do we have the farce of 'brothers' with KSA or GCC? I have brothers and trust me I give them 'preferance' over outsiders. I don't apply the 'merit' template on them. To illustrate my point let's all accept that Indian workers are superior and win on merit. Well, I can tell you Indian workers are also superior to drunk Poles who are far more expensive then Indians. Why not try to get to sell your workers to Western Europe on merit against Poles, Slovaks, Romanians? I need to add a small extention to my house and pave the driveway. I am pretty confident that a bunch of sardars from Indian Punjab could do the job for £5,000. The Poles cost £25,000 which is still cheaper then British builders. Trust me there is no way those sardars would be legally allowed despite their merit. The Poles or Slovaks have been given legal preferance.

Allow Indian workers on merit? Nah ....

Now, you are talking like a sensible man....I agree to your point...Basically, Saudi has the option to give preference to Pakisan labour in certain jobs that does not need to be educated or technically qualified...But you know, talk is easy as long as it does not drain your pocket...This is exactly happening when Pakistan is expecting for Muslim nation favor from SA...

Do you really think, some one is Saudi Gov did not think about this option of helping Pakistan by doing a preferential treatment to Pakistan labor than so called evil Hindu Indian people??? If you really think, no one from Pakistan or SA discussed about this bargaining topic in last 70 year, then you must be giving too much credit to yourself...I am definitely sure, at some level in last 70 years, Pakistan must have taken up this issue with SA and SA did not entertain it as it involves impacting thier finances and their coprporations who are seeking migrant worker..At the end of the day, SA want their coprporation do not hire less efficient worker because they have to withhold the cradle of Umma brother hood for other Muslim nations..

 

[moweike]

Very good, If anything happens, maybe no one accuses China Economic development depends on itself, not others. IMF's loan have interest? Good luck

 

[Path-Finder]

https://twitter.com/x/status/1050391519121821696

 

[Roybot]

Assume that Indians are superior on the merit. So in a open labour market they will end up coming on top. And that is what exactly is the situation with GCC/KSA. This explains why Indians dominate the labour market and as a result India earns from Saudia Arabia, UAE etc nearly $50 billion every year in remittances.

But if this is about merit why do we have the farce of 'brothers' with KSA or GCC?
Allow Indian workers on merit? Nah ....

This farce is one sided, only Pakistanis keep harping on about this ummah bs. The Arabs couldn't care less about Pakistanis, for them Indians and Pakistanis are no different.

 

[padamchen]

Because its a Mafia

Saudis?

But don't many blame Iran for running a similar setup (including radical groups) inside Pakistan?

I realise Iran has its own challenges. Sanctions. Economy. But I'm pretty sure (based on what I've heard and seen from our folk who go on tours there) that their infrastructure and standard if living is higher than large parts of Pakistan.

Plus they are right next door, unlike the Saudis.

Cheers, Doc

Dawn is pretty good, ill give you that. Maybe the best newspaper in the subcontinent.
Maybe Hindu at one time may have given it some competition but those days are long gone

Is it?

Do we get it?

Would be interesting to see the models ....

Cheers, Doc

Somebody mentioned Iran? Are you guys real. 30 odd years of mullah rule has that country more sanctioned then a catholic nun in monastery. The Iranian economy is in shambles. They are barely coping. With Trump adding even more sanction that country does not have a dime to spare and what it has is just enough for their own survival. There is mass unemployment in Iran and no demand for migrant workers. So please let's not compare with Iran.

You are looking at them as an affluent guy. Whether in Pakistan or the UK. You are not the demographic.

Firstly, they are what they are without the IS or Chinese or IMF support.

Second, they are not exactly a European country, but are closer to Turkey and a way off from Pakistan in terms of infrastructure and standard of life.

Especially your bordering areas. Where none of your big cities and economic drivers are.

Cheers, Doc

This farce is one sided, only Pakistanis keep harping on about this ummah bs. The Arabs couldn't care less about Pakistanis, for them Indians and Pakistanis are no different.

Not just the Arabs either, is the point I'm trying to make with regard to the other pole of the Islamic Ummah. The Iranians.

The Pakistanis had an Ummah.

Only it's called Hindustani.

Cheers, Doc

 

[I.R.A]

Who is Raza Rabbani? Is he so big that he can effect Saudi Pakistan relations. If we have such weak relation which an irrelevent parliamentarian can effect then whats the point asking for Saudi help?

He is Mir Jaffar, Mir Sadiq, Sheikh Mujib, Abu Lulu Majoosi.

He is not big but he is made big.

Asking Saudis for help is what's wrong with our mentality. Lock their interests and then exploit the situation is what we could have done with many on the map. But somehow we fail to think big, decide big, and look beyond our own petty pockets.

What is the basis of your bias? Actually i do not have a bias. I just want justice to be done in any relationship.
Islamic Iran prefers Pakistan to be in the Blacklist to force the Indian trade through Pakistan.

Introduction of worldly politics and things alien to Islam. Altering and rewriting the whole Islamic history, creating fairy tales and in process misguiding millions, the birth place of killer of a key strong visionary leader and Caliph, a primary reason for destruction of Muslim fabric, bringing hurt and death to many Muslims, spreading chaos, anarchy, lie generating factory. Birth place of intrigues and conspiracies. They consider Pakistanis as poor beggars look down upon them.

What is your bias against Iranians?

Because arabs martyred family of Prophet Muhammad (PBUH) ? how can you love arabs while they have martyred family of our blessed prophet ?

That is what they tell you. Some of us Pakistanis don't believe what Iranian or Saudis try to feed us as Islam.

An honest answer would be appreciated, who is more dear to you ........ an Iranian Sunni or a Pakistani Shia?

One thing I don't understand man. Maybe someone from the Pakistani side would help.

Why are only the poor Saudis dumped on always?

Why are only they supposed to uphold the financial burden of the Ummah?

Iran is equally oil rich.

Why does no one talk about the Iranians not providing free borders, immigration, jobs, housing, and financial benefits?

It's a serious question.

Because Saudis suck at politics, their lazy rears never realised, what media could have bought them. They thought Al Bakistani brothers would always appreciate their houbara bustard hunting, and would not raise questions on minor young children being kidnapped and used as camel jockeys ....... and in return would send the Pakistani soldiers as a gesture of gratitude.

 

[padamchen]

He is Mir Jaffar, Mir Sadiq, Sheikh Mujib, Abu Lulu Majoosi.

He is not big but he is made big.

Asking Saudis for help is what's wrong with our mentality. Lock their interests and then exploit the situation is what we could have done with many on the map. But somehow we fail to think big, decide big, and look beyond our own petty pockets.



Introduction of worldly politics and things alien to Islam. Altering and rewriting the whole Islamic history, creating fairy tales and in process misguiding millions, the birth place of killer of a key strong visionary leader and Caliph, a primary reason for destruction of Muslim fabric, bringing hurt and death to many Muslims, spreading chaos, anarchy, lie generating factory. Birth place of intrigues and conspiracies. They consider Pakistanis as poor beggars look down upon them.




That is what they tell you. Some of us Pakistanis don't believe what Iranian or Saudis try to feed us as Islam.

An honest answer would be appreciated, who is more dear to you ........ an Iranian Sunni or a Pakistani Shia?




Because Saudis suck at politics, their lazy rears never realised, what media could have bought them. They thought Al Bakistani brothers would always appreciate their houbara bustard hunting, and would not raise questions on minor young children being kidnapped and used as camel jockeys ....... and in return would send the Pakistani soldiers as a gesture of gratitude.

And modern day Iranians in comparison? Specifically on the Ummah and Pakistan part?

Nobody has still answered why the second most oil rich (and politically stable, militarily adequate) Muslim country does not feature strongly as a destination for Muslim workers from poorer Muslim countries.

Cheers, Doc

 

[I.R.A]

And modern day Iranians in comparison? Specifically on the Ummah and Pakistan part?

Iranian common people are no more different than any other people in this region, there is nothing against people they are the victims themselves.

It's the ones who have the final say and control.

Can Iran as a land be holy for Muslims? It's worth noting that how they built that notion and won a place in being considered holy.

Nobody has still answered why the second most oil rich (and politically stable, militarily adequate) Muslim country does not feature strongly as a destination for Muslim workers from poorer Muslim countries.

Cheers, Doc

Look at how they treat Afghan refugees and how we treated them, forget Afghan refugees look at the treatment of people of india and Pakistan who go their for some hajj type visits.

The ones here blaming Ummah violation on Saudis would never say a word about how Iranian regime treats Ummah.

 

[padamchen]

Iranian common people are no more different than any other people in this region, there is nothing against people they are the victims themselves.

It's the ones who have the final say and control.

Can Iran as a land be holy for Muslims? It's worth noting that how they built that notion and won a place in being considered holy.



Look at how they treat Afghan refugees and how we treated them, forget Afghan refugees look at the treatment of people of india and Pakistan who go their for some hajj type visits.

The ones here blaming Ummah violation on Saudis would never say a word about how Iranian regime treats Ummah.

As far as I have been told by my friends, it's not Iran but Iraq that is actually the holy land. Iran is probably the fountainhead at the people and clergy level. And has developed so over the past 6 centuries.

On a personal level, they have always been very loving towards us. And it's a huge misconception that they are Mullas.

The way they dress and their homes and workplaces and centers of learning, their markets, their roads, buses etc. All pretty modern. And the people are really fun loving and warm (I've been told this by manynon Zoroastrian Indians as well).

People keep talking about sanctions and economic unrest. Sure. But we in this part of the world also do not realise the crush of numbers we deal with.

The Iranians remember have to clothe and house and feed just 70 million people, unlike both of us. And neither of us has oil gushing out from the bowels of the earth.

Simply put, they work from a different baseline to us.

Cheers, Doc

 

[Aramagedon]

As far as I have been told by my friends, it's not Iran but Iraq that is actually the holy land. Iran is probably the fountainhead at the people and clergy level. And has developed so over the past 6 centuries.

On a personal level, they have always been very loving towards us. And it's a huge misconception that they are Mullas.

The way they dress and their homes and workplaces and centers of learning, their markets, their roads, buses etc. All pretty modern. And the people are really fun loving and warm (I've been told this by manynon Zoroastrian Indians as well).

People keep talking about sanctions and economic unrest. Sure. But we in this part of the world also do not realise the crush of numbers we deal with.

The Iranians remember have to clothe and house and feed just 70 million people, unlike both of us. And neither of us has oil gushing out from the bowels of the earth.

Simply put, they work from a different baseline to us.

Cheers, Doc

You talk like rat a dweller in a sewage.

I don’t care about India.

Iran is more holy than Iraq. There are hundreds of Imam zadeh shrines in Iran, Imam Reza (AS) shrine, her daughter in Qom, his brother in Shiraz. Common Iranian will slice u into two pieces if you insult Islam or talk this way about Islam in Iran.

There are 50 prophets buried in Iran.

https://en.wikipedia.org/wiki/List_of_Islamic_prophets_buried_in_Iran

 

[padamchen]

You talk like rat a dweller in a sewage.

I don’t care about India.

Iran is more holy than Iraq. There are hundreds of Imam zadeh shrines in Iran, Imam Reza (AS) shrine, her daughter in Qom, his brother in Shiraz. Common Iranian will slice u into two pieces if you insult Islam or talk this way about Islam in Iran.

All the main Shia holy places are in Iraq.

As for Iran, it is Zarathustra Spitama's soil.

Cheers, Doc