PM Imran 'optimistic' govt may not need IMF bailout

[Ali Tariq]

This US dalaal

And here you lost the argument...

 

[ziaulislam]

This statistic can't explain the devastation and hell-raising ability of IMF activity in Pakistan but can provide an overview. Asia's most corrupt party PPP brought IMF in 1994 and took huge loans [1.2 bn]. Pakistan till 1993 was a great economy with Pakistani Rupee in 31 against the dollar better than INR. PPP govt. depreciated the rupee to 40 mark and above. PPP's initiation of corruption and dismantling of institutions like Health, Education, Power sector[Zardari 1994 program of stopping public funding for power utility that made Pakistan suffer loadshedding for another 20 years] also progressed under IMF program.
The chor and dacoits PML-N and Nawaz Sharif also took IMF loan but managed the economy and brought growth rate during their tenure in their last year of rule in 1993 when elections happened and Pakistan chose destruction in PPP.
Check 1995/2009 these were the times when middle class was annihilated with food inflation made to steal, beg and borrow. Brain drain, flight of capital, deindustrialization, suicides, hunger, social breakdown etc.. are few of the many consequences IMF has imposed upon Pakistanis over the years, esp. after 1992 and US policy change regards to Pakistan. This US dalaal @ziaulislam can't hide the after-effects from Pakistanis we have lived thru one too many IMF programs.
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Yup..you can and even i can stimulate growth by loose monetary policy (print money) causing CAD, than trying to bridge that with foreign loans paying more interest and finally getting near defualt and than running to IMF bailout when nobody wlse gives you any more loans and than simply blaming IMF afterwards ...


Your argument is like this "People are sick because of doctors the proof is that when you dont go to doctors you are healthy but when you go to the hospital you are sick, drinking and smoking has nothing to do with poor health..
have you ever seen a sick guy smoking .. no..its you're young people who smoke"

Tobacco industry did use the same narrative for a century and it worked with layman but evey expert will disagree..the same is true with your assessment

 

[araz]

I think it is very naive to think that the sorry state of the economy which thecPML N and PPP left Pakistan in will get resolved without any sacrifices. What we are seeing is eglect spanni g over 4 decades which is rearing its head now. Fact remains Pak land has been living beyond its means and its population cannot come out of its myopic and regional thinking to be able go see what is going on. I was slated on this very forum during Musharraf's time for sayi g the spit polishing of the economy by shortcut Aziz is going to come back to bite us in the butt but no one listened to me. The fact is things have gone from bad to worse as we have progressed from dumb to dumber in Zardari to Nawaz Shareef. It is make or break time and as I say it will be at least 3 yrs of hard work to get things back on rails and 5 yrs before the first signs of progress and stability. If Pak land population has to bear the brunt now they should go and burn Bilawal houze and Jaati Umra and watch its inhabitants pburn inside. If things eo not improve then Asad Umar whould also be brought on trial but for now he has to be allowed time to perform along with Imran Khan. I am not a peoplaaa nor a Noonaaa, nor a burger khor ptian. But I love this land and have sadly watched it being destroyed by unabated greed.
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[A.A. Khan]

And here you lost the argument...

Don't care its high time to say the truth and call a US agent, an IMF pimp or cheerleader, ofwhat he actually is a US dalaal.

 

[Abdussamad]

Yup..you can and even i can stimulate growth by loose monetary policy (print money) causing CAD, than trying to bridge that with foreign loans paying more interest and finally getting near defualt and than running to IMF bailout when nobody wlse gives you any more loans and than simply blaming IMF afterwards ...

The growth CAD connection has been expounded upon by this article:

Researchers found that there existed a balance of payments-constrained maximum growth rate in Pakistan of approximately 5%. “This means that every time the growth rate goes above 5%, the current account significantly deteriorates.”

Another article here calls us a nation of importer traders!

The PML-N achieved 5.8% maximum growth in their 5 years by increasing external debt by a whopping 50%! What use is growth of this sort?

 

[ziaulislam]

2008 oil went up CAD went up govt didn't took corrective measures due to elections abd boom here we are

The growth CAD connection has been expounded upon by this article:



Another article here calls us a nation of importer traders!

The PML-N achieved 5.8% maximum growth in their 5 years by increasing external debt by a whopping 50%! What use is growth of this sort?

thats because growth has been achieved via govt sudden investments in infrastructure and money printing..rather than a balance growth, wrong polices have led to this CAD repeated crisis

 

[Abdussamad]

It was oil in 2008 and Dar in 2018! Dar kept the rupee overvalued so that he and his friends could launder the maximum amount abroad.

Government should get out of this business of fixing prices and exchange rates!

 

[A.A. Khan]

It was oil in 2008 and Dar in 2018! Dar kept the rupee overvalued so that he and his friends could launder the maximum amount abroad.

Government should get out of this business of fixing prices and exchange rates!

Another traitor with his suggestion
Well said, we should decentralize and let US agents cum exchange manipulators rape the rupee as they please and earn great as well. And stop this bs everyone incl. these exchange people did money laundering alongwith politicians.

Dar govt. had embarked upon building physical infrastructure worth $30+ billion from roads to hspitals [e.g. GwadarDA Hospital]
Controlled the food prices and saved them from inflation. PML-N govt. policies helped lower the inflation to 3.4 % benefiting the middle class unlike US agent PPP or PTI gvt. tenures.

 

[Max]

Another traitor with his suggestion
Well said, we should decentralize and let US agents cum exchange manipulators rape the rupee as they please and earn great as well. And stop this bs everyone incl. these exchange people did money laundering alongwith politicians.

Dar govt. had embarked upon building physical infrastructure worth $30+ billion from roads to hspitals [e.g. GwadarDA Hospital]
Controlled the food prices and saved them from inflation. PML-N govt. policies helped lower the inflation to 3.4 % benefiting the middle class unlike US agent PPP or PTI gvt. tenures.

The infilation was low bcoz of low oil prices internationally nothing to do with absconder Dar. the reserve stared deplating under dollar Dar due to his artificiality nothing to do with present govt. Stock market decline under dollar Dar after artificial rise, Exports decreased despite lower fuel prices, FDI almost stagnant.

your patriotic Pakistani Plan to deal with issues, how would you like yahodi lobby to bridge financing gap i.e 18 billion without IMF? No country owe us anything.

 

[A.A. Khan]

The infilation was low bcoz of low oil prices internationally nothing to do with absconder Dar. the reserve stared deplating under dollar Dar due to his artificiality nothing to do with present govt. Stock market decline under dollar Dar after artificial rise, Exports decreased despite lower fuel prices, FDI almost stagnant.

your patriotic Pakistani Plan to deal with issues, how would you like yahodi lobby to bridge financing gap i.e 18 billion without IMF? No country owe us anything.

LOL go check what was the oil prices in Pakistan at FY 2015, 2016. Fixing the dollar helped Pakistan control inflation and thugs.
Dar did the right thing and he diversified the currency to Yuan instead of dealing in dollars, which will hopefully increase.
Hopefully this imbecile US agent Asad Umar will do better than dollar Dar and exports will cross the levels of 2015 rofl.
Hopefully pro-US agents should truthfully tell if this govt. will even the match the 'stagnant' exports of 2015 this fiscal year.
Will this American ****** Asad umar hold off inflation from crossing 10% and unleashing the tsunami on the Pakistani poor? Now all pro-US traitors need to stop crapping about the past as it will make your pointmen look even worse.

 

[Max]

LOL go check what was the oil prices in Pakistan at FY 2015, 2016. Fixing the dollar helped Pakistan control inflation and thugs.

Dont understand the first part, PMLN had big advantage in oil import bill which Asad Umar's Yahoodi lobby dont have.. other side of the story is absconder Dar's artificial measures resulted in depleted Forex reserves increase in unnecessary imports like Cars, cheese etc.

Dar did the right thing and he diversified the currency to Yuan instead of dealing in dollars, which will hopefully increase.

Yeah, PMLN thugs did in desperation during last days when Reserves started to deplete and they couldn't keep their artificial system intact.

Hopefully this imbecile US agent Asad Umar will do better than dollar Dar and exports will cross the levels of 2015 rofl.
Hopefully pro-US agents should truthfully tell if this govt. will even the match the 'stagnant' exports of 2015 this fiscal year.
Will this American ****** Asad umar hold off inflation from crossing 10% and unleashing the tsunami on the Pakistani poor? Now all pro-US traitors need to stop crapping about the past as it will make your pointmen look even worse.

This Yahoodi Govt have nothing to do with all of this, they inherited this from Patriotic Namazi absconders of Lahore.

 

[A.A. Khan]

This Yahoodi Govt have nothing to do with all of this, they inherited this from Patriotic Namazi absconders of Lahore.

Namaazi absconders also inherited the worst economy in Pakistan's history in 2013.
They also went to IMF but did not ask for 5+ or 10 billion bailout like PPP. Were also helped by Saudis.
Pakistan started widespread infrastructure dev. in 2015, exited the program by 2016.
Please check the inflation, stats. of that time dacoit Ishaq Dar would look like a champion and sincere infront of this imbecile agent Asad Umar.

I'm just saying please prove otherwise this Asad Umar would even match exports of 2015 the IMF bomb he has exploded on us.

 

[AZ1]

Namaazi absconders also inherited the worst economy in Pakistan's history in 2013.
They also went to IMF but did not ask for 5+ or 10 billion bailout like PPP. Were also helped by Saudis.
Pakistan started widespread infrastructure dev. in 2015, exited the program by 2016.
Please check the inflation, stats. of that time dacoit Ishaq Dar would look like a champion and sincere infront of this imbecile agent Asad Umar.

I'm just saying please prove otherwise this Asad Umar would even match exports of 2015 the IMF bomb he has exploded on us.

Please explain why Chinese loan was used in Metro Train and bus costing $3 billion and in return what we get?

I am surprise to see educated people are thinking that Imran khan going to IMF is because they spend too much in last 2 months. If you want to blame or even angry you should be angry with PMLN and PPP not PTI. But again may be you expecting miracles from PTI to fix everything in 2 months which was done by PMLN and PPP.

 

[A.A. Khan]

Please explain why Chinese loan was used in Metro Train and bus costing $3 billion and in return what we get?

I am surprise to see educated people are thinking that Imran khan going to IMF is because they spend too much in last 2 months. If you want to blame or even angry you should be angry with PMLN and PPP not PTI. But again may be you expecting miracles from PTI to fix everything in 2 months which was done by PMLN and PPP.

Please first study what are the loans we are suppose to pay for FY 2018, 2019. For example , we are due by Apr 29, 2019 to pay $1 bn on maturity of 5 year-Eurobond. CPEC loans are not that much of an issue as institutional loans.

PTI was voted into office as they promised they will change govt. practice of taking more loans to payoff loans. They are doing the same old thing with zero measures to improve exports. After IMF program it will get even more worse. More brain drain also pushes govt. to take in foreign workers.

What has PTI done that is different from previous govt. which they criticised? They are adding more back breaking burden to the salaried class. The same corrupt mafia in govt. and private sector is being rescued on the expense of the common man.

The actions suggest they are encouraging the corrupt to screw whatever is left and have almost joined them.

 

[Max]

Namaazi absconders also inherited the worst economy in Pakistan's history in 2013.
They also went to IMF but did not ask for 5+ or 10 billion bailout like PPP. Were also helped by Saudis.
Pakistan started widespread infrastructure dev. in 2015, exited the program by 2016.
Please check the inflation, stats. of that time dacoit Ishaq Dar would look like a champion and sincere infront of this imbecile agent Asad Umar.

I'm just saying please prove otherwise this Asad Umar would even match exports of 2015 the IMF bomb he has exploded on us.

I am not the one cursing absconder dar for going to IMF bcoz he inherited treasure in bad shape.. I am blaming him for how he used that IMF cushion for artificial success in which you are still struck completly avoiding the consequences of how reserve depleted, decrease in exports, rise in imports, current balance of payement crisis..

And 20 billion exports (15-16) are no target, I expect Pakistan to break the failed PPP's bearers of 25 billion this year. Even Zardari was better then so called experienced team who managed country when oil was 140 per barrel.