PLAN OF PTI GOVT AND BENEFITS OF RUPEE DEVALUATION.

[Yaseen1]

There should be limit upto which it devalues,excessive continued devaluation may result in loss of public trust on rupee and it may lose its power as a legal tender

 

[The Accountant]

Right or wrong is different thing
but wasn't plan of PTI

Agreed

 

[Reddington]

For those people who say devaluation is good for manufacturing/exporting, then why stop the devaluation at 160???? or 200 though????
Why not drop it to 1000??? or 2000 even???
We will become a manufacturing hub overnight.
By year's end we can even leave China behind. We will be the new industrial power.

 

[The Accountant]

For those people who say devaluation is good for manufacturing/exporting, then why stop the devaluation at 160???? or 200 though????
Why not drop it to 1000??? or 2000 even???
We will become a manufacturing hub overnight.
By year's end we can even leave China behind. We will be the new industrial power.

Coz its not about decreasing the value but setting the right value ... previously pkr is overvalued

 

[El Sidd]

PTI's mirror image in BJP also applied the same tactic in India. They may even go and change currency notes if it helps their own political agenda of selecting the looters by meesaq e mayeeshat

 

[Verve]

Devaluation is going to hurt importers and those who buy imported goods. Imports will fall further ...

It's a good thing that the oil imports are cushioned as those are on deferred payments. Gives government the breathing space to increase revenue collection.

 

[Vortex]

Its good thing the devaluate currency, but it wont have expected results if you don’t have a proper policy of industrialisation, i mean a master plan of development.

We have to make investments to help others businessmen to start their new adventure by helping them to get loans, to give then proper advises, to offer them a safe environment, rule of law, protection of properties, to invest in education and training in order to get skilled workforce... invest in research and development, create an environment where intellectual properties are protected correctly, etc etc.