Pakistani Rupee Hits 185 Against 1 USD.

[Maula Jatt]

He isnt retarted as such thats the hope but there is somethig called political pressure

PMLN base thrives on import base business with massive over spending..black holls like dams and importanr projects will have to be axed..i expect bhasha dam to be axed..munda dam probably too though

Miftah can stop that even if he wanted to..unless establishment ask for a redline

So crash is inevitable in 2028 since PMLN will have to spend (and plunder heavily)to fight PPPP

I mean rupee has crashed everytime since 1990 ..with same story..heavy spending, artificial low interests and low exports..
The chance it wont has gone away

Remeber why i have been saying for last few years investors arent coming since they see a crash coming..well investors are cunnig people they already knew govt will fall

One thing might save us if PTI is killed off and PPPP agrees to stay only in sindh..with such a move PMLN may be more disciplined

At this point I am for resident economist of establishment who can babysit these PMLn buboons - this is the only hope I see for stable, disciplined policy
Outsource it like foreign policy- clearly political parties can't handle it

Btw Doesn't industrial triangle and Faisalabad also vote for PMLn, I heard they took a beating during PMLn years - don't think every part of thier base is addicted to imports- maybe there's an opening here

My opinion was that, IK will be out for 6 month, different Coas appointed by current opposition and than he'll back with early elections

But now all this drama made things really complicated for IK- he mishandled it a bit imo

 

[ziaulislam]

At this point I am for resident economist of establishment who can babysit these PMLn buboons - this is the only hope I see for stable, disciplined policy
Outsource it like foreign policy- clearly political parties can't handle it

Btw Doesn't industrial triangle and Faisalabad also vote for PMLn, I heard they took a beating during PMLn years - don't think every part of thier base is addicted to imports

The simplest way to solve inflation is

IMPORTS

(As long as you can afford it)

The simplest way to make money is

INFRAsture projects kick backs(to foreign banks remitted as remittences)

This sums up PMLN game

Hence i will prefer zardari over nawaz sharif the guy is much better and much more diciplined

So i hope bilawal comes into power

 

[Maula Jatt]

The simplest way to solve inflation is

IMPORTS

(As long as you can afford it)

The simplest way to make money is

INFRAsture projects kick backs(to foreign banks remitted as remittences)

This sums up PMLN game

Hence i will prefer zardari over nawaz sharif the guy is much better and much more diciplined

So i hope bilawal comes into power

Look at Thier numbers dude... You have to trust PMLn to do the right thing - I seriously think like foreign policy this should be handed to establishment and they appoint a disciplined FM - in concensous with political parties

Democratics are just not good enough for this role

 

[American Pakistani]

Our entrepreneurs are now growing and will Inshallah get there. It is the past generations which have done nothing but construction of plazas, building etc., to make money. Nobody bothered to make a car, a motorcycle, an engine, a transmission system, a monitor/tv screen/paanel, a computer case etc. We are importing almost everything, including eatables now too. It is shameful we now import pulses!!

We need a rude awakening and rapid course correction. The goal should be to eventually import only raw material needed to sustain our industry and exports. Everything should be made locally.

I hope that happens. Besides that the critical industry of pharmaceutical is also almost non existent in Pakistan currently. Many imports of Indian origin pharmaceutical are coming indirectly via Dubai into Pakistan.

Pharma is the most easiest yet critical industry of any country.

 

[Acetic Acid]

Don't worry muftah ismisl wil be back so does the dollar at 100

 

[Wood]

He isnt retarted as such thats the hope but there is somethig called political pressure

PMLN base thrives on import base business with massive over spending..black holls like dams and importanr projects will have to be axed..i expect bhasha dam to be axed..munda dam probably too though

Miftah can stop that even if he wanted to..unless establishment ask for a redline

So crash is inevitable in 2028 since PMLN will have to spend (and plunder heavily)to fight PPPP

I mean rupee has crashed everytime since 1990 ..with same story..heavy spending, artificial low interests and low exports..
The chance it wont has gone away

Remeber why i have been saying for last few years investors arent coming since they see a crash coming..well investors are cunnig people they already knew govt will fall

One thing might save us if PTI is killed off and PPPP agrees to stay only in sindh..with such a move PMLN may be more disciplined

##

Anyway since i cant troll anymore
I will be taking a break from this forum for a few years. But for all pakistanis..stash your money in $$$ or real estate..since chatrool is coming and you wont have PTI to blame

The chatrool will be simialr to 1998 chatrool when overnight rupee went from 30 to 65 which followed by 3 yrs of high inflation zero growth (1998-2001)

Why are you pessimistic about Imran's chances for winning the next general election? Almost everyone here seems to be pro Imran. That would naturally translate into political power.

 

[ziaulislam]

Why are you pessimistic about Imran's chances for winning the next general election? Almost everyone here seems to be pro Imran. That would naturally translate into political power.

Most of people on this forum are expirates and few are urban dwellers

I usually get my info from people back home and on the ground info

Inflation will hurt any govt and that is true for this one too

PMLN has hold on all state instiutions and that remains true

 

[Wood]

Most of people on this forum are expirates and few are urban dwellers

I usually get my info from people back home and on the ground info

Inflation will hurt any govt and that is true for this one too

PMLN has hold on all state instiutions and that remains true

Don't you guys have a vote as well? I've never met a Pakistani in Canada who is against Imran.

 

[ziaulislam]

Don't you guys have a vote as well? I've never met a Pakistani in Canada who is against Imran.

Nope
EVM system was introduced by this govt but will not be implemented since election comission was all apointed by PMLN

 

[Mav3rick]

we import wheat as well

What a damn shame that is......our heads should hang in shame.

Don't you guys have a vote as well? I've never met a Pakistani in Canada who is against Imran.

Anybody who has not lived in Pakistan under Imran himself/herself favors Imran Khan.

 

[HAIDER]

all currencies are getting weak currently , its mainly due to high fuel prices , especially countries who import most of the energy, it will come down and settle around 180 or so in long term which is not all that bad and it will help with exports.

High dollars price lead to local currency trade ..

 

[Mav3rick]

Read about the BECO history in Pakistan it was a conglomerate of various sectors which Bhutto destroyed. It left a deep scar on the business community (including my family), because there was no stability to be found. The foreign business Pakistanis were looking for that stability and vast majority were waiting on to see if he'd be elected a second time. But what these recent events showed our system is flawed and not sustainable for growth hence you don't see those activities your mentioning on a larger scale, as again the Pakistani people did another self inflicted wound.

Yeah I have been told about the Business families whose businesses were destroyed by Bhutto; specifically those 12-15 Billionaire families of that time, mostly migrants Businesses families. That was a big big setback indeed and the repercussions are felt even today.

 

[AZADPAKISTAN2009]

The Economy can be managed post elections once 2/3 majority is attained by winners of election

Oil Prices have risen globally so some rise is expected

 

[maithil]

Ishaq Dar should be able to fix this. He kept Dollar at 100 PKR for years. He is going to be next Finance Minister if his party wins.

 

[HttpError]

Ishaq Dar should be able to fix this. He kept Dollar at 100 PKR for years. He is going to be next Finance Minister if his party wins.

Tumhare moun mein "Gobar"