Pakistan: Back to IMF again as expected.

[Mage]

I will rather attack Bangladesh for reparations for using economic migrants as biological weapons.

El Sidd would have thought differently.

 

[El Sidd]

El Sidd would have thought differently.

I forgot you were in mourning

 

[Mage]

I forgot you were in mourning

IMF should make Pakistan great again.

 

[El Sidd]

IMF should make Pakistan great again.

Haha Pakistan is 70 years old and yet to See its peak.

Not everything white People are doing is worth doing

 

[SabzShaheen]

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

I was told the Hindu is comparable to Dawn. I've only read a few articles from it but they did read like Dawn though were slightly less neutral. Perhaps times have changed. Still, Dawn may be relatively neutral when it comes to India but they are quite biased when reporting on national-level politics, namely against Imran Khan.

 

[VCheng]

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

I'd reply, but you are banned presently. Perhaps later.

 

[Nilgiri]

I'd reply, but you are banned presently. Perhaps later.

I'm all ears now ...jeez I should email you what it was this time....seriously laid out power-trippy trip wire by some grumpies.

 

[VCheng]

I'm all ears now ...jeez I should email you what it was this time....seriously laid out power-trippy trip wire by some grumpies.

Please check your email.

 

[nahtanbob]

Why would Iran target poor Pakistani economy when it has a mighty Indian and central asians to loot?
Pakistan just does not allow Indian business through its land but if a single brick of that pipeline gets laid. Iran will have rights over the land just like India.
But Pakistani Elite or political class aspires to become capitalists of the region. The Goldstein and Bernstein of the region.

iran want high oil prices for oil. pakistan needs oil. you may not buy it from iran. you pay the high prices to other countries

 

[El Sidd]

iran want high oil prices for oil. pakistan needs oil. you may not buy it from iran. you pay the high prices to other countries

Business changes each day

 

[nahtanbob]

Business changes each day

pakistan is an oil importer. that does not change. oil prices have been $20 higher than market conditions. that means pakistan is paying 3-4 billion dollars extra every year.

 

[El Sidd]

pakistan is an oil importer. that does not change. oil prices have been $20 higher than market conditions. that means pakistan is paying 3-4 billion dollars extra every year.

Our needs are minimal compared to most countries in the region.

So oil blackmail is least of our concern

 

[nahtanbob]

Our needs are minimal compared to most countries in the region.

So oil blackmail is least of our concern

paying $4 billion extra does not bother you
no wonder your economy is in the toilet

 

[El Sidd]

paying $4 billion extra does not bother you
no wonder your economy is in the toilet

Compared to our neighbours.

We have toilets.

 

[Abdussamad]

Compared to our neighbours.

We have toilets.

No we don't. We aren't in better shape in that dept. It just doesn't get as much attention in the western dominated global media because Pakistan isn't of interest to them.