SBP reserves critically low at $6.9 billion (practically zero)

[HAIDER]

https://twitter.com/x/status/1600845415590809604

https://twitter.com/x/status/1600863688398757888

 

[Enigma SIG]

It wasn't the boys that got you to this state of financial bankruptcy. Ask those in governance and those before why we are here.

Boys had a direct role in installing said corrupt people in governance ever since. They benefitted from it the most by creating a parallel economy and state that is answerable to no one.

It's like committing vehicular manslaughter; and when the cops find out you say oh no the car did it; I had nothing to do with it.

Its a waste of time here to ask for facts. Nonsense and propaganda passes here as gospel. The entire army is a bunch of traitors because they NOW don't agree with Allah's new, self-appointed vicegerent on earth i.e. Imran Khan Niazi.

Why so salty? Invoking the God's name in vain? Attributing to IK what he has never said himself, neither do any of his followers attribute this to him?

 

[blain2]

Boys had a direct role in installing said corrupt people in governance ever since. They benefitted from it the most by creating a parallel economy and state that is answerable to no one.

It's like committing vehicular manslaughter; and when the cops find out you say oh no the car did it; I had nothing to do with it.

Let's learn to call a spade a spade if you want betterment of Pakistan. Giving cover to your own party is a disservice to Pakistan and "more of the same" because that is what we have seen PPP Jiyalay and PML die-hards do for years and now PTI is doing the very same. Constant denials, whataboutism, and use of the echo-chambers on SM are not helping the situation on the ground.

The economy was already teetering in PTI's tenure. The PTI fanbase keeps on putting out these glossy stories about how amazing the economy was. It collapsed two months after their departure because all the debts came calling. How could the economy tank so quickly? It is because there was no fiscal space left. PTI was running things "hand-to-mouth". Had the economy been solid in PTI's tenure (please note: they blame their predecessors and I don't think they are wrong about that), Pakistan would have managed slightly better even after their departure regardless of corruption and siphoning.

Also, it isn't as if day 1 PDM started siphoning money into their pockets as the PTI base likes to think or portray intentionally for political gains. Let's realize, they came into office with no fiscal space given the subsidies that we could not afford and all of the external debts that were owed. On top of that, the same, massive budget deficit also existed for them just as it did when PTI was ruling.

So there is this fancy tale that PTI keeps on regurgitating that the current government (because they are corrupt) has brought the economy down to its knees. Their policies are essentially the same as PTI's. I.e. finding any which way to get a little more breathing space till the next set of dues are upon us.

Had the economy been solid, PTI government would not have been running pillar to post to get support from the much-hated Americans for the IMF bailout.

Pakistan's economy is in dire straits not because of the incumbents, rather it is a snowball effect of continued bad policies, passing the buck, not taking the hard decisions and implementing policies which would give the country long term relief across multiple governments, including PTI and PDM ones.

 

[VCheng]

finding any which way to get a little more breathing space till the next set of dues are upon us.

That is Pakistan's fiscal strategy since at least the 80s, through all types of governments till today. At least something is steady.

 

[blain2]

Boys had a direct role in installing said corrupt people in governance ever since. They benefitted from it the most by creating a parallel economy and state that is answerable to no one.

It's like committing vehicular manslaughter; and when the cops find out you say oh no the car did it; I had nothing to do with it.

Why so salty? Invoking the God's name in vain? Attributing to IK what he has never said himself, neither do any of his followers attribute this to him?

Me, salty? I don't get provoked so easily.

God's name in vain? What, are we Christians in a Convent that we cannot mention our Khuda as and when we want to?

IK ascribes a lot more to himself than you are letting on, the rest is done by his fandom via their echo-chambers. I liked the chap, lately, I have been "neutral" on him (don't doubt his sincerity, rather his ways), always pro-army and anti-chors. As convoluted as it may come across to PTI walay, this is the reality on my end.

That is Pakistan's fiscal strategy since at least the 80s, through all types of governments till today. At least something is steady.

Taking from Peter to pay Paul is the name of the game. ;-)

 

[VCheng]

Taking from Peter to pay Paul is the name of the game. ;-)

Well, it has been working "well enough" for several decades, one has to admit. Tis a pity we never developed the desire nor the means to do better simply because it has been deemed to be "well enough".

 

[Strigon]

So where is the outrage of 200 million people. Screaming on forums don’t count.

Call it as it is, our people don’t care if they live in Stone Age.

 

[Enigma SIG]

IK ascribes a lot more to himself than you are letting on, the rest is done by his fandom via their echo-chambers. I liked the chap, lately, I have been "neutral" on him (don't doubt his sincerity, rather his ways), always pro-army and anti-chors. As convoluted as it may come across to PTI walay, this is the reality on my end.

You're entitled to your opinion, but that doesn't make it true. The God/Batman/Savior complex is embedded into the thinking of the Army where the junior staff creates a big echo chamber for the COAS and give him unchecked leverage over a gang of non-thinking drones. Abuse of such power is intoxicating and therefore the Army as an institution expects the plebes to fall in line and nod in favor of their shenanigans.

Let's learn to call a spade a spade if you want betterment of Pakistan. Giving cover to your own party is a disservice to Pakistan and "more of the same" because that is what we have seen PPP Jiyalay and PML die-hards do for years and now PTI is doing the very same. Constant denials, whataboutism, and use of the echo-chambers on SM are not helping the situation on the ground.

The economy was already teetering in PTI's tenure. The PTI fanbase keeps on putting out these glossy stories about how amazing the economy was. It collapsed two months after their departure because all the debts came calling. How could the economy tank so quickly? It is because there was no fiscal space left. PTI was running things "hand-to-mouth". Had the economy been solid in PTI's tenure (please note: they blame their predecessors and I don't think they are wrong about that), Pakistan would have managed slightly better even after their departure regardless of corruption and siphoning.

Also, it isn't as if day 1 PDM started siphoning money into their pockets as the PTI base likes to think or portray intentionally for political gains. Let's realize, they came into office with no fiscal space given the subsidies that we could not afford and all of the external debts that were owed. On top of that, the same, massive budget deficit also existed for them just as it did when PTI was ruling.

So there is this fancy tale that PTI keeps on regurgitating that the current government (because they are corrupt) has brought the economy down to its knees. Their policies are essentially the same as PTI's. I.e. finding any which way to get a little more breathing space till the next set of dues are upon us.

Had the economy been solid, PTI government would not have been running pillar to post to get support from the much-hated Americans for the IMF bailout.

Pakistan's economy is in dire straits not because of the incumbents, rather it is a snowball effect of continued bad policies, passing the buck, not taking the hard decisions and implementing policies which would give the country long term relief across multiple governments, including PTI and PDM ones.

Sure, IK didn't make Pakistan a Singapore in 3 years, but you're discounting 2 years of COVID; in which IK steered the country from the brink.
Therefore, the Army, in an act of Mercy, decided to impose the previous failures on the country. Again?

You think the awam is daft don't you.

Also; while military men are so "experienced" in politics, may I ask you why the Army's primary responsibility and JD is not being focused on? What has the army delivered so far? 3x failed wars, one severed Wing and Kashmir gotten the axe. Oh did I fail to mention a nuclear tipped missile landed in the heart of Pakistan and nothing was done about it.

Maybe we should disband the army considering the lot of them don't even know what their JD is.

 

[Goenitz]

@VCheng

PTI's economy plan

 

[Goenitz]

https://twitter.com/x/status/1615841176426352640

 

[fatman17]

In past US needed us so they bailed Pakistan out(23 times). Today they are saying fend for yourself n we are in trouble….

 

[VCheng]

@VCheng

PTI's economy plan

That is great. But they will have to get back on the same page with the military, as they were previously, in order to get anywhere near doing anything again.

 

[Goenitz]

That is great. But they will have to get back on the same page with the military, as they were previously, in order to get anywhere near doing anything again.

both should work for Pakistan. IK mustn't bulge to their illegal demand this time. Else, enjoy the music.

 

[VCheng]

both should work for Pakistan. IK mustn't bulge to their illegal demand this time. Else, enjoy the music.

I will wait and see what happens.