What's new

Pakistan's exports declined by 24% in july 2022.

blah blah blah. Main factor is

pakistan can not afford to reduce its exports
but for that we need systematic reform and manufacturing ability in the Pakistani economy. As of now, any government when they push exports and GDP growth rate above, you will see current account deficit rising up to 15-20 billion dollars and maybe even more depending on how much exports are increased. exports are good, they are the backbone of any economy but for that to happen in Pakistan, we need to move towards an export base economy and not the imports base economy which we are right now, even exporting raw materials like cotton for textile, which is shameful to say the least.

so they did another ishaq dar? keep on pumping dollars into the market to reduce dollar rate?
 
.
@Clutch @ziaulislam @AZ1 @SaadH @Wood

Lets not dismiss Wood Saar as a patwari, he maybe a patwari alright (as I am too incidentally) he makes some good points here.

a) Pakistanis have been given a lot of subsidies (fiscal deficit)
b) Have imported too much to consume for domestic or industrial needs (CAD)


A good example of that is energy prices- during much of 2014-2022 petro products prices were more than 50% higher in India as compared to Pak (in dollar terms). This had two outcomes

On the govt side, they earned a huge amount of revenue which meant that they had a lower revenue deficit and were able to fund it domestically.

On consumer side, it affected the general purchasing power of consumers, who purchased less of petro products and other products (meaning lower imports and lower CAD as compared to a scenario of low fuel prices). For industries, it meant that they had to invest in measures which led to energy efficiency and also the country invested in renewable energy which cut imports somewhat.

Regards
 
. .
@Clutch @ziaulislam @AZ1 @SaadH @Wood

Lets not dismiss Wood Saar as a patwari, he maybe a patwari alright (as I am too incidentally) he makes some good points here.

a) Pakistanis have been given a lot of subsidies (fiscal deficit)
b) Have imported too much to consume for domestic or industrial needs (CAD)


A good example of that is energy prices- during much of 2014-2022 petro products prices were more than 50% higher in India as compared to Pak (in dollar terms). This had two outcomes

On the govt side, they earned a huge amount of revenue which meant that they had a lower revenue deficit and were able to fund it domestically.

On consumer side, it affected the general purchasing power of consumers, who purchased less of petro products and other products (meaning lower imports and lower CAD as compared to a scenario of low fuel prices). For industries, it meant that they had to invest in measures which led to energy efficiency and also the country invested in renewable energy which cut imports somewhat.

Regards
Lets not complicate things
Discussion is simple

Patwaris believe that exports increase fiscal deficit and CAD ..thats the topic.
 
. .
@ziaulislam

Patwaris believe that exports increase fiscal deficit and CAD

1. Under circumstances, exports can increase fiscal deficit- typically industries where competitiveness is boosted by generous fiscal subsidies- India's sugar exports (at certain points of time only) is one such examples.
2. Exports don't increase CAD of course- consumption does.

Regards
 
.
@ziaulislam

Patwaris believe that exports increase fiscal deficit and CAD

1. Under circumstances, exports can increase fiscal deficit- typically industries where competitiveness is boosted by generous fiscal subsidies- India's sugar exports (at certain points of time only) is one such examples.
2. Exports don't increase CAD of course- consumption does.

Regards
Imagine if every country do this

Reduce or no exports means no imports bill hurray cool economy lol

our main import bill is oil and gas rest is minimal

Only dams can reduce this bill or some huge oil/gas discovery.

Now taking more loans which is what pmln always count it as. achievement and make few roads wouldnt inrease our exports rather increase our debit to pay later with interest
 
.
BoP is typically a result of twin deficit (fiscal and current account). Some countries are able to avoid BoP despite running twin deficits because of Capital Account surpluses (FDI is one way). Pakistan does not have that luxury. Pakistan's BoP episodes could be because:

a) Pakistanis have been given a lot of subsidies (fiscal deficit)
b) Have imported too much to consume for domestic or industrial needs (CAD)

I do not know about previous BoP scenarios that were faced by Pakistan. But this time, the problem was onset by fuel subsidies and CAD (Fitch estimated 4% CAD for Pakistan in February). The current administration is trying to combat this problem by cooling the economy.

I'm neither ignorant nor am I trolling. In fact, your bias for PTI is so deep that you are myopic about how things work. You'll resort to labeling people 'stupid' and claim that Pakistan's CAD was only set to be 2%. But when I show that Fitch (with all its economists dedicated for research) say that it was set to be 4%, you will run away :pop:


You are wasting time with die hard PTI fanboys. Ziaulslam knows that Shoukat tareen ruined Pakistan economy in last year to show high growth rate. $18b CAD financed by expensive loans. But being PTI fanboy he will not accept any wrong doing on their part.

so they did another ishaq dar? keep on pumping dollars into the market to reduce dollar rate?

Govt can no longer pump rupee thanks to laws passed under IMF pressure, that era is long gone. Not that govt have any $$ left to do so.
 
.
You are wasting time with die hard PTI fanboys. Ziaulslam knows that Shoukat tareen ruined Pakistan economy in last year to show high growth rate. $18b CAD financed by expensive loans. But being PTI fanboy he will not accept any wrong doing on their part.



Govt can no longer pump rupee thanks to laws passed under IMF pressure, that era is long gone. Not that govt have any $$ left to do so.
when did that law passed?


also if this is destroying country then bangladesh is completely destroyed

 
. . .
show us the facts not just because your master maryam said so
Lol. Your one braincell always comes up with MaRyAm said so.
Sit down boomer.

Look at the society. The PTI followes are so ignorant, they made fun of the heli crash, call everyone ghaddar and chor. Brain dead awaam chants slogans in holy places, give out morality checks. Most importantly toy with religious sentiments and give Islamic touches.

So yeah PTI is just one egotistical maniac man Ik. So go on keep drinking your immu kewl aid and cope.
 
.
Lol. Your one braincell always comes up with MaRyAm said so.
Sit down boomer.

Look at the society. The PTI followes are so ignorant, they made fun of the heli crash, call everyone ghaddar and chor. Brain dead awaam chants slogans in holy places, give out morality checks. Most importantly toy with religious sentiments and give Islamic touches.

So yeah PTI is just one egotistical maniac man Ik. So go on keep drinking your immu kewl aid and cope.
you are boy in real so stick with that. You guys remain ghulam of sharif family and they looted the country shame on you and how you been grown up.

This is what your patwarism society did to our country

download-1.jpg


IMG_20220806_142552.png


تاحیات نااہلی ختم کریں گے، پارلیمنٹ میں قانون لا رہے ہیں — اسحاق ڈار


Ghalt ko ghat keh nahi saktay tou atleast dil se hi bora samj lo

baat kartay ho society ki stop hiding yourself behind where society is heading and see ur face in mirror first.

regarding chanting on holyplaces
- who chanted nawaz sharif zindabad ke naray?
- who chanted to imran khan in Makkah mukarma and then maryam said good in her tweets.

jesa ke mai ne kaha you dont have any facts just because your chacha phopa you seen in your bachpan voted for pmln so they are good.
 
Last edited:
. . .

Pakistan Affairs Latest Posts

Country Latest Posts

Back
Top Bottom