Pakistan’s inflation rate jumps to 7.19 per cent in January 2019

[VCheng]

Do take into account avg salaries and middle income.... This is going to make people mad.

I could have posted more details, but I thought that the (!) sign above should be enough without damaging the good imhaje of Paakustan that PDF is anxious to promote.

 

[saiyan0321]

I could have posted more details, but I thought that the (!) sign above should be enough without damaging the good imhaje of Paakustan that PDF is anxious to promote.

These things are facts. Iron facts. No two away about it. Nobody can make a good image out of it..

You can say that since all previous govts have been kicked out due to this then this one will as well if It doesn't work well and this highlights democratic awareness which I will say is perhaps at its highest.

Let me tell a funny story.

In sheikhupura in my constituency the winners were mian khalid of PTI from provincial seat and mian javed latif PMLN from national seat.

Now here is the funny story. For khalid his NA partner was saeed virk. Now both javed latif and mian khalid went on extensive campaign together to villages asking people to vote for PTI at provincial and N at national so that both Mian biradari can come to power.

Hindsight is 20/20 and imran and N needed every seat to make provincial Punjab and national assembly and here their electables had teamed up campaigning for each other and against their own party partners.. Lolzz simply so that one family can rule...

Jab yeh haal hai. :p

 

[VCheng]

Jab yeh haal hai. :p

... tau wohee ho gaa jo ho raha hey.

 

[randomradio]

The last trial - assets greater than his known sources of income.

Avenfield case. The one that put him out of contention during elections.

IMF has no desire to be strict or lenient, given its charter. Its prescription is based on the magnitude of the structural problems, and they are particularly bad for Pakistan at this time. What the people will see is inflation and impoverishment, with unpredictable political fallout.

Yeah, strict or leniency is relative.

Strict = They make the rules.
Lenient = They relax the rules later on.

 

[VCheng]

Avenfield case. The one that put him out of contention during elections.



Yeah, strict or leniency is relative.

Strict = They make the rules.
Lenient = They relax the rules later on.

They do not change anything on a whim, please read for yourself:

https://www.imf.org/en/About/Factsheets/Sheets/2016/08/02/21/28/IMF-Conditionality

 

[313ghazi]

You either pay your debts now, or wait for another 5 years hiding behind false reporting of figures and face the music then.

Pakistani's will have to learn to bite the bullet, the people of Pakistan is reaping what it sowed in the last 2 general elections before this one. There is no way to magically pay back debts and increase jobs and salaries and reduce the prices of foods.

The next 5 years will be painful, the 5 after that might be a bit easier.

 

[randomradio]

Well that is the NAB law. You can criticize the law but never its implementation. A law being implemented is a good thing. Even a wrong, draconian foolish law being implemented highlights that the legal system is not dead but working. Amending a legal system is far harder than amending a law.



Yes. That is now NAB investigation begins and its not just for him but for all. Under section 14 it highlights this clearly. Now you can begin to wonder why two civilian governments did not amend this despite having the power to do so and both of them have passed extremely serious and complicated laws. 18th amendment for PPP and 25th amendment for N.



Yes section 14.. Its a joke bcz everybody has the fundamental right to be considered innocent until proven guilty. NAB law quite frankly should have been amended when such powerful governments were in power or the court itself should have striked it down.

Mind you I see that section being struck down in the future when these cases reach the supreme court.



Let me explain.

The NAB court works on the law that a person against whom investigation has been taken must prove himself innocent. Thus it provided the order that Nawaz Sharif having failed to prove his innocence is guilty.

Whereas the high court works on the law that all are innocent until the prosecution proves the guilt with case laws such as the accused is the fav child of the court and that the prosecution must prove its case beyond a shadow of a doubt. With these principles and case laws in mind the high court accepted the appeal for hearing.

Now if you have studied these cases as you say you have you must have noticed that the supreme court under saqib nisar pointed out irregularities in the order types by high court which there were but upheld the order bcz the supreme court also followed its own set guidelines of responsibilities of prosecution and upheld the bail. Also the fact that an impugned order is not implemented...

Mind you he was already made ineligible for election under constitutional law..


In all of the above where due process was not followed..Due processes were followed everywhere. Difference in legal principles has created this contrast in court procedure but procedure were followed.

It is very easy to blame evil army victim Nawaz oh oh oh

But we must come to terms with a fact that the Parliament ignored this draconian law just as it ignored various sections in the constitution which were brought by the dictator but cry on others.. Why? Bcz it benefited the parties and the legislators..

It took the supreme court to bring up and strike down a law that made the parliament an autocratic organization that can pass any law it feels fit without any check or balance and through that it brought back the concept of judicial review something your own courts have done quite a few times..

That borderless law I speak of was brought by Zia..

Anyhow as I said its your opinion not a fact

Yeah. I know about the NAB process. But it's entirely retarded to put someone in the box entirely out of context and then insinuate guilt without any logic or common sense.

Any claim can be made and asked to be disproved. It was basically a witch hunt, not a court process.

This sums it up:

 

[randomradio]

They do not change anything on a whim, please read for yourself:

https://www.imf.org/en/About/Factsheets/Sheets/2016/08/02/21/28/IMF-Conditionality

I don't have the full details, but the IMF ends up being lenient on Pakistan and waives off some demands eventually.

 

[VCheng]

I don't have the full details, but the IMF ends up being lenient on Pakistan and waives off some demands eventually.

Countries can apply for waivers and deferments for conditionalities already agreed upon, but there is a clear and fair mechanism for those as well, no leniency at all.

 

[AgNoStiC MuSliM]

Yeah. I know about the NAB process. But it's entirely retarded to put someone in the box entirely out of context and then insinuate guilt without any logic or common sense.

Any claim can be made and asked to be disproved. It was basically a witch hunt, not a court process.

But, as has been pointed out multiple times now, that is the law and the law and due process was followed. Again, we can agree that the laws are flawed, but that doesn't make the trials and convictions of Nawaz Sharif the result of 'Kangaroo courts' or a 'Witch hunt'. The same laws and processes were also used to disqualify a very critical player in the PTI, Jahangir Tareen.

 

[randomradio]

Countries can apply for waivers and deferments for conditionalities already agreed upon, but there is a clear and fair mechanism for those as well, no leniency at all.

https://www.imf.org/en/Publications...nded-Arrangement-Request-for-Waivers-of-44327
Request for Waivers of Nonobservance of Performance Criteria

https://www.thenews.com.pk/latest/390467-pakistan-to-begin-talks-with-imf-over-yet-another-bailout
Pakistani officials have been wary of the IMF imposing harsh conditions compared to the last bailout in 2013 when Islamabad was given repeated waivers and avoided serious reforms after receiving $6.7 billion.

https://fp.brecorder.com/2018/11/20181109422291/
Finger recommended 14 waivers when Pakistan failed to meet structural benchmarks and remained reluctant to insist on time bound actions. According to senior officials, one waiver after another during the mandated quarterly reviews under the EFF was not a good omen for Pakistan's economy as it encouraged the previous economic team not to the necessary undertake reforms.

 

[ziaulislam]

Govt has claimed it received 12 to 20 billions loan from arab naions and china is also giving 2.5 billion dollars as loan so why inflation is increasing although govt is taking billions of dollar in loans if inflation can be controlled by taking loans

IMF's satanic Debt cycle...

https://twitter.com/x/status/1094831913628520449

https://twitter.com/x/status/1094474302278246400

Agreed...

https://twitter.com/x/status/1094804542649118720

Your leaders are sayung go to IMF۔۔۔Can you ask them to make up their minds

You either pay your debts now, or wait for another 5 years hiding behind false reporting of figures and face the music then.

Pakistani's will have to learn to bite the bullet, the people of Pakistan is reaping what it sowed in the last 2 general elections before this one. There is no way to magically pay back debts and increase jobs and salaries and reduce the prices of foods.

The next 5 years will be painful, the 5 after that might be a bit easier.

But this isnt the first time
In 1998 Pakistan defaulted on foreign currency accounts ...we were the first country in asia to build a useless abandoned motorway (back than the car density wasnt this high) and than we defaulted ...

Sounds familiar ?

Than someone came doubled the GDP decreased the loans from 89% to 55% and let us ride the 150$ oil earth quake and global crisis without any major issues and triplig exports but than people forgot the era of 1990s


So even if imran khan fix things bilawal and marium nawaz are going to come back and bankrupt the country

 

[VCheng]

https://www.imf.org/en/Publications...nded-Arrangement-Request-for-Waivers-of-44327
Request for Waivers of Nonobservance of Performance Criteria

https://www.thenews.com.pk/latest/390467-pakistan-to-begin-talks-with-imf-over-yet-another-bailout
Pakistani officials have been wary of the IMF imposing harsh conditions compared to the last bailout in 2013 when Islamabad was given repeated waivers and avoided serious reforms after receiving $6.7 billion.

https://fp.brecorder.com/2018/11/20181109422291/
Finger recommended 14 waivers when Pakistan failed to meet structural benchmarks and remained reluctant to insist on time bound actions. According to senior officials, one waiver after another during the mandated quarterly reviews under the EFF was not a good omen for Pakistan's economy as it encouraged the previous economic team not to the necessary undertake reforms.

What actually transpired is not actually very lenient, but logical:

 

[randomradio]

What actually transpired is not actually very lenient, but logical:

View attachment 539336

There is nothing logical about it. It's like a rehab claiming it's only logical for a drug addict to continue taking drugs even after going to rehab.

IMF programs are planned in such a way that if the plans are implemented, then you won't need a new bailout for decades, maybe never. Like India.

What's happening to Pakistan is the drug addict is an unwilling patient, so the rehab's decided if the guy stops taking drugs, he's gonna die, so bailout after bailout, and the rehab has no interest in taking more drastic measures cause of politics. Like the regent making sure the orphaned prince stays sick so he can continue running the kingdom.

The problem is each bailout makes the situation worse until the next bailout is needed and it just keeps getting worse and worse after that if the plans are not implemented.

There's nothing logical about the waivers, it's a "no-choice but to grant waivers" situation 'cause the patient is hopeless and at least he's gonna live longer by taking drugs.

 

[VCheng]

There is nothing logical about it. It's like a rehab claiming it's only logical for a drug addict to continue taking drugs even after going to rehab.

IMF programs are planned in such a way that if the plans are implemented, then you won't need a new bailout for decades, maybe never. Like India.

What's happening to Pakistan is the drug addict is an unwilling patient, so the rehab's decided if the guy stops taking drugs, he's gonna die, so bailout after bailout, and the rehab has no interest in taking more drastic measures cause of politics. Like the regent making sure the orphaned prince stays sick so he can continue running the kingdom.

The problem is each bailout makes the situation worse until the next bailout is needed and it just keeps getting worse and worse after that if the plans are not implemented.

There's nothing logical about the waivers, it's a "no-choice but to grant waivers" situation 'cause the patient is hopeless and at least he's gonna live longer by taking drugs.

You really should read the full report in your first link; I think it answers your observations quite well.

In any case, let us see what Pakistan does in its current negotiations with the IMF. IMF is bound by its charter to work the way it does.