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Trade deficit widens to 17 billion dollars

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LOL no need to add vague graphs in your biased posts. State bank's official website is enough to kill your propaganda.

http://www.sbp.org.pk/ecodata/FER/forex-30-Jul-11.pdf

Vague? Vague?!?

That graph is simple enough for a schoolboy to understand, what does that say about you?

Also look at your own damn Source!!!

It agrees with everything I said, forex reserves stagnant through between FY2010 and FY2012. And then falling after that.
This is exactly what my graph showed.

But, your those SBP readings end at July 2011, the drops in the foreign reserve happened during and after 2012.

Also, here's another SBP source. Look at the drops, again exactly the same as my graph:

http://www.sbp.org.pk/ecodata/FER/2013/Forex-27-Dec-13.pdf

massive drops in 2012 and 2013.

LOL no need to add vague graphs in your biased posts. State bank's official website is enough to kill your propaganda.

http://www.sbp.org.pk/ecodata/FER/forex-30-Jul-11.pdf

Vague? Vague?!?

That graph is simple enough for a schoolboy to understand, what does that say about you?

Also look at your own damn Source!!!

It agrees with everything I said, forex reserves stagnant through between FY2010 and FY2012. And then falling after that.
This is exactly what my graph showed.

But, your those SBP readings end at July 2011, the drops in the foreign reserve happened during and after 2012.

Also, here's another SBP source. Look at the drops, again exactly the same as my graph:

http://www.sbp.org.pk/ecodata/FER/2013/Forex-27-Dec-13.pdf

massive drops in 2012 and 2013.
 
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Vague? Vague?!?

Also, here's another SBP source. Look at the drops, again exactly the same as my graph:

http://www.sbp.org.pk/ecodata/FER/2013/Forex-27-Dec-13.pdf

massive drops in 2012 and 2013.
massive drops in 2012 and 2013.

The massive drops still ends up in 12.3 billion dollars with a narrowed trade deficit of 11 billion. What were the ending figures of Mush era ? Look at the state bank figures.

Don't bother, he has no idea about anything.

And if he knows this stuff, then he is even worse, because then he is being dishonest.

Still, I'd rather beleive he's being an honest fool, and not a dishonest man of normal intelligence.



Read a book.



LOL UK trade deficit is 2.86 billion pounds not 286 billion dollars.

UK trade deficit worse than expected in February - BBC News

USA trade deficit from 1950-2015

United States Balance of Trade | 1950-2015 | Data | Chart | Calendar

Japan trade surplus of 229 billion dollars

Japan Balance of Trade | 1963-2015 | Data | Chart | Calendar | Forecast
 
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The massive drops still ends up in 12.3 billion dollars with a narrowed trade deficit of 11 billion. What were the ending figures of Mush era ? Look at the state bank figures.

Man, are you blind?

Look at all the sources posted. Reserves were halved from the peak Musharraf years under the PPP government.
A decrease from $16 bill to $12 bill, is that somehow good?

Anyway, at their low during the end PPP years they reached $11 billion, and thanks to PPP policies, they kept falling to $8 billion after them. Until this government's fiscal policy kicked in and some changes were had.

Listen man, I've given you enough argument here for any sane man to think otherwise, you go on believing as you wish, it isn't worth my time to keep trying to explain to someone who refuses to listen.
 
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Man, are you blind?

Look at all the sources posted. Reserves were halved from the peak Musharraf years under the PPP government.
A decrease from $16 bill to $12 bill, is that somehow good?

Anyway, at their low during the end PPP years they reached $11 billion, and thanks to PPP policies, they kept falling to $8 billion after them. Until this government's fiscal policy kicked in and some changes were had.

Listen man, I've given you enough argument here for any sane man to think otherwise, you go on believing as you wish, it isn't worth my time to keep trying to explain to someone who refuses to listen.

LOL I know I have punctured the myth of Mush era's economic conditions. State bank's official source was enough to deflate the balloon of your propaganda. Next time don't take panga with a wadera 8-)

All this government has done is take more and more loans. The trade deficit has widened to 17 billion dollars. Only 100MW electricity so far produced in two years. I can just laugh.
 
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LOL I know I have punctured the myth of Mush era's economic conditions. State bank's official source was enough to deflate the balloon of your propaganda. Next time don't take panga with a wadera 8-)

All this government has done is take more and more loans. The trade deficit has widened to 17 billion dollars. Only 100MW electricity so far produced in two years. I can just laugh.

Okay, you win. PPP was the best government ever bestowed on this green earth.

Still, I say thank God for making a universe that always attempts to correct itself, evolution will cleanse us of such people, and the political system will murder the PPP dynasty.
 
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Okay, you win. PPP was the best government ever bestowed on this green earth.

Still, I say thank God for making a universe that always attempts to correct itself, evolution will cleanse us of such people, and the political system will murder the PPP dynasty.

Ofcourse I win.

40 years on and yet GOD does not attend the prayers and wishes of PPP haters that PPP gets finished. Guess what ? Change your GOD, maybe the new one might have some spare time and listen to you .... maybe :help:
 
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LOL no need to add vague graphs in your biased posts. State bank's official website is enough to kill your propaganda.

http://www.sbp.org.pk/ecodata/FER/forex-30-Jul-11.pdf
This is what we have been saying too. As you claimed yourself that at one stage Pakistan's foreign reserves had peaked up to 18.30 billion dollars then why, the day Nawaz Sharif took over on 5th of June the reserves had fallen to around 11 billion dollars only.

  • Pakistan's foreign reserves in October 2007 stood around 16 billion dollars
  • PPP/Yousuf Raza Gillani takes over when the reserves had fallen to around 12 billion dollars due to various reasons such as the unfortunate assassination of Benazir Bhutto, political turmoil in the country, the cost of elections, deteriorating security situation etc
  • After 5 years, PML-N takes over when the reserves had fallen to 11 billion dollars as per the official records of SBP

  1. Parvez Musharraf multiplied the foreign reserves account
  2. PPP could not even sustain the 5 year old figure despite taking foreign loans from IMF, WB, ADB and Islamic Bank as well as receiving funds from the CSF/USA and large amount of donations from UK..
  3. The reserves had reached peak of $18.30 billion dollars after receiving loan which usually is deposited into foreign reserves account but that was a temporary balance, unstable and eaten up in the following weeks
Historical record from the SBP

State Bank of Pakistan - The Central Bank

Historical data from Trading Economics (please filter the data from 2005 to illustrate interesting graphs)

Pakistan Foreign Exchange Reserves | 1998-2015 | Data | Chart | Calendar
 
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Ofcourse I win.

40 years on and yet GOD does not attend the prayers and wishes of PPP haters that PPP gets finished. Guess what ? Change your GOD, maybe the new one might have some spare time and listen to you .... maybe :help:

You're right, I was wrong.

PPP is the best party on earth and all the world's people should move to interior Sindh, thanks to PPP, that place is the new London and Paris I hear.

From now on, I will reply to your posts with gifs best displaying my reaction. Starting now.

This is what we have been saying too. As you claimed yourself that at one stage Pakistan's foreign reserves had peaked up to 18.30 billion dollars then why, the day Nawaz Sharif took over on 5th of June the reserves had fallen to around 11 billion dollars only.

  • Pakistan's foreign reserves in October 2007 stood around 16 billion dollars
  • PPP/Yousuf Raza Gillani takes over when the reserves had fallen to around 12 billion dollars due to various reasons such as the unfortunate assassination of Benazir Bhutto, political turmoil in the country, the cost of elections, deteriorating security situation etc
  • After 5 years, PML-N takes over when the reserves had fallen to 11 billion dollars as per the official records of SBP

  1. Parvez Musharraf multiplied the foreign reserves account
  2. PPP could not even sustain the 5 year old figure despite taking foreign loans from IMF, WB, ADB and Islamic Bank as well as receiving funds from the CSF/USA and large amount of donations from UK..
  3. The reserves had reached peak of $18.30 billion dollars after receiving loan which usually is deposited into foreign reserves account but that was a temporary balance, unstable and eaten up in the following weeks
Historical record from the SBP

State Bank of Pakistan - The Central Bank

Historical data from Trading Economics (please filter the data from 2005 to illustrate interesting graphs)

Pakistan Foreign Exchange Reserves | 1998-2015 | Data | Chart | Calendar

Brother forget it, this man is a fool of the highest order.

I say with 99% confidence, biggest fool or biggest liar, I have ever met on PDF.
 
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This is what we have been saying too. As you claimed yourself that at one stage Pakistan's foreign reserves had peaked up to 18.30 billion dollars then why, the day Nawaz Sharif took over on 5th of June the reserves had fallen to around 11 billion dollars only.

  • Pakistan's foreign reserves in October 2007 stood around 16 billion dollars
  • PPP/Yousuf Raza Gillani takes over when the reserves had fallen to around 12 billion dollars due to various reasons such as the unfortunate assassination of Benazir Bhutto, political turmoil in the country, the cost of elections, deteriorating security situation etc
  • After 5 years, PML-N takes over when the reserves had fallen to 11 billion dollars as per the official records of SBP

  1. Parvez Musharraf multiplied the foreign reserves account
  2. PPP could not even sustain the 5 year old figure despite taking foreign loans from IMF, WB, ADB and Islamic Bank as well as receiving funds from the CSF/USA and large amount of donations from UK..
  3. The reserves had reached peak of $18.30 billion dollars after receiving loan which usually is deposited into foreign reserves account but that was a temporary balance, unstable and eaten up in the following weeks
Historical record from the SBP

State Bank of Pakistan - The Central Bank

Historical data from Trading Economics (please filter the data from 2005 to illustrate interesting graphs)

Pakistan Foreign Exchange Reserves | 1998-2015 | Data | Chart | Calendar


LOL I can just laugh at PPP haters. Carry on the rhetorics. The facts are jotted down in the link below:

http://www.sbp.org.pk/ecodata/FER/forex-30-Jul-11.pdf

The fact of the matter is that the current trade deficit has widened to more than 17 billion dollars and has touched 18 billion even.
 
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LOL I can just laugh at PPP haters. Carry on the rhetorics. The facts are jotted down in the link below:

http://www.sbp.org.pk/ecodata/FER/forex-30-Jul-11.pdf

The fact of the matter is that the current trade deficit has widened to more than 17 billion dollars and has touched 18 billion even.

YvECfu1.gif
 
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Sir it seems like Economics is not a book for you to read. It is my brotherly advise to please at least read the links properly before you share. One example is of the link you shared for UK. It is not the yearly deficit but mere one month's deficit and it is not the total deficit but only talking about Goods and services.

UK trade deficit is 2.86 billion pounds not 286 billion dollars.

UK trade deficit worse than expected in February - BBC News
The link you shared says:

The UK trade deficit widened in February by more than expected, figures from the Office for National Statistics (ONS) show.

The trade deficit in goods and services worsened to £2.86bn from £1.54bn in January, the ONS said.

The deficit in goods was £10.34bn, up from £9.17bn in January, which was partly offset by a surplus of £7.5bn on services.
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UK is trying to curb the gap between import and exports but still from Goods only, it is incurring above £10 billion pounds of deficit per month. 10 billion British pounds is $15 billion dollars of deficit per month.

UK trade deficit drop fails to follow forecasts as weak eurozone hits exports | Business | The Guardian


United States had a trade deficit of 51 billion dollars in March alone

US trade deficit surges 43.1% on high imports - BBC News

It's total trade deficit exceeds the figure I had mentioned

Japan has a volatile market. Like I explain earlier, only 1 yen will turn many Japanese companies into profit or make them heavy losses of 20-30 billion dollars each. It's export driven market but still they are under constant pressure of trade deficits. This issue has lead several political chaos in Japan in recent past and so many Prime Ministers has changed since 2010. Japan is mostly posting deficit on year to year basis and I have read they did better on quarterly basis of this year. But the bottom line remains that 95% countries in the world are trying to tackle with issue of balance of trade with the biggest most beneficiary being China and Germany.

Brother forget it, this man is a fool of the highest order.

I say with 99% confidence, biggest fool or biggest liar, I have ever met on PDF.
I know, that is why I called him a paid worker.

When you are working for your bread n butter, sometimes logic doesn't need to be there. I remember when some PTI supporters were accused of being paid worker, we had a private discussion amongst the Moderators to ban them forever as they were simply too irritating. But I was against the decision and some of them are still around the forum. They does become mature with the passage of time.

Qalandari probably knows the reality from his heart as nobody can be so blindfolded that after providing dozens of facts would reiterate to the same chants of I the best, you the stupid.
 
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I know, that is why I called him a paid worker.

When you are working for your bread n butter, sometimes logic doesn't need to be there. I remember when some PTI supporters were accused of being paid worker, we had a private discussion amongst the Moderators to ban them forever as they were simply too irritating. But I was against the decision and some of them are still around the forum. They does become mature with the passage of time.

Qalandari probably knows the reality from his heart as nobody can be so blindfolded that after providing dozens of facts would reiterate to the same chants of I the best, you the stupid.

I was just considering this right now, what is to be done about such rabid ignorance, I'm sure he's not the only PPP supporter here, but none quite so ignorant and annoying. We'll see where this goes.
 
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17 billion dollars trade deficit and 300 billion excuse-filled comments :astagh:
 
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