Pakistan’s Forex Reserves Increase by USD 486.20 Million

[ziaulislam]

Please it's from IMF, ADB and $1billion from debt market. What's there for patwaris to feel bad about? Dhar maintained it at 20 billion with similar strategy.

and same amount has been paid back..
IMF net lending is almost zero in next 4 years..we simply rolling over the same debt..
any one with even basic google search will know that..

the real reason is the low current account deficit..it clocked almost zero for past two months..State bank has bought 2 billion dollars from open market..a year ago it was leaking 2 billion dollars each month in open market

had state bank not bought this amount it could have brought up the rupee to 140..
this year..


secondly IMF wants govt to achieve 12 B target by end of 2012

govt would need to have atleast 6 months of reserves ..i.e around 25 billion dollars..

i hope it does that by not moving debt beyond 110b dollars(stood at 97 at start of the year)

Lol, I get where you are coming from. Pml N had forex reserves at 20Billion. Pti Government should be happy when your on atleast 30Billion reserves, similar level to Bangladesh.

what was the CAD?
PML N did good while it was under IMF..it started using note printing facility after 2016.

that would be the real test, would PTI do the same in 2021-2022

 

[ARMalik]

Please it's from IMF, ADB and $1billion from debt market. What's there for patwaris to feel bad about? Dhar maintained it at 20 billion with similar strategy.

And what do you think Indian reserves are made up of genius?

 

[Protest_again]

And what do you think Indian reserves are made up of genius?

Lol.. you tell me.

 

[Code_Geass]

No he didn't maintained that it was just due to oil being usd 30-40 pbl. It was great opportunity to build reserve even more

Please it's from IMF, ADB and $1billion from debt market. What's there for patwaris to feel bad about? Dhar maintained it at 20 billion with similar strategy.

 

[Protest_again]

No he didn't maintained that it was just due to oil being usd 30-40 pbl. It was great opportunity to build reserve even more

Oil was at 30-40. But the benefit was extended to the citizens. Hence there was spurt in consumption. It has gone down lately. Dhar built reserves mostly on borrowed dollars.

 

[ARMalik]

Lol.. you tell me.

This is the response from someone who talks from his arse. Stick to what you know better, which is, Nothing.

 

[PAKISTANFOREVER]

Please it's from IMF, ADB and $1billion from debt market. What's there for patwaris to feel bad about? Dhar maintained it at 20 billion with similar strategy.

Do you have ANY evidence to back up your claims or is more indian FAKE NEWS:

https://www.bbc.co.uk/news/amp/world-asia-india-50749764

I'll be honest. I believe PML-N was on the right track in terms of running the economy even then. Its them who cut down violence (terrorist attacks) that marred Pakistan for years. They undertook bold initiatives like CPEC. But they did try to reduce army's influence on politics that's when the Imran's dharna campaign started. Army kept helping him. PML N just kept screwing economy since then for spite with the army. They believed bad economy means bad allocation to army. So that'll probably loosen armys control over the state.

But army had different plans, they propped Imran to power. Rest as they say is history. Anybody's who says Imran is doing better with the economy needs to examine his head.

You know Pakistan is heading in the right direction when those who belong to the race and nation that calls for the death and destruction of the Pakistani race and nation are all of a sudden concerned with our economic policies and questioning it......

 

[PakSword]

Lol, I get where you are coming from. Pml N had forex reserves at 20Billion. Pti Government should be happy when your on atleast 30Billion reserves, similar level to Bangladesh.

Right.. PMLN took some loans on three year deferred terms.. first installment being due in 2018.. With 20 billion reserves, over 10 billion was required to pay for installment by the new government.

 

[PAKISTANFOREVER]

And what do you think Indian reserves are made up of genius?

They are made ilk or superpower money.......

 

[UnitedPak]

I'll be honest. I believe PML-N was on the right track in terms of running the economy even then. Its them who cut down violence (terrorist attacks) that marred Pakistan for years. They undertook bold initiatives like CPEC. But they did try to reduce army's influence on politics that's when the Imran's dharna campaign started. Army kept helping him. PML N just kept screwing economy since then for spite with the army. They believed bad economy means bad allocation to army. So that'll probably loosen armys control over the state.

But army had different plans, they propped Imran to power. Rest as they say is history. Anybody's who says Imran is doing better with the economy needs to examine his head.

The Army was responsible for defeating terrorism. It was literally their operation, not PMNL. Jesus Christ, are you for real?

And enjoy the negative rating for spreading false information about the 2018 election, which was a transparent democratic process freely reported on by the entire world media. Nawaz getting implicated in Panama papers was not an army conspiracy.

 

[Imran Khan]

always 18-19 why not 25 for god sake we should build strong reserves now control imports till we have some real reserves in hands

 

[Shahzaz ud din]

Dhar

who is this?