We are going to burn through reserves

[terry5]

No end for complaining this is in DNA,

Just come back from shopping

Flour 80jmd LB
Rice 80jmd LB

Previously pre covid was 50jmd

Cooking oil 330jmd
Previously 230jmd
Chicken 300jmd Lb
Previously 230 LB

Pepsi 140jmd
Previously 100jmd

Electric , water, internet, tv and gas all up 30%

Exchange rate 198jmd to 1 GBP .

 

[ziaulislam]

Hate is a wasteful emotion but its your posts that reflect that hate.
I asked where have I denigrated Muslims or Islam???
And If I am lying point out the lies.
Calling someone a liar without pointing out a lie is just a distorted opinion

Go to sleep old man

Govt is doing exactly what they were suppose to do long back anyways those people who are against the current step of Govt few days back they were saying why govt is not giving any relief.. and now when govt has given relief suddenly they become spokesmen of IMF.

Coming back to the point how govt will support their relief related to Fuel, Pakistanis consume on average 1.5 billion litters of it every month which mean govt will spend 15 billions Rupees a month. and package will persist for next 4 month total value will be 60 billion Rupees.

Govt is already ahead of 286 billions Rupees their tax collection target during last 8 months, on the other hand they have already imposed 350 billion rupees Taxes in January, accumulative figures will increase more than 1500 Billions and we are talking just 60 billion for fuel subsidy here and for electricity they will spend 170 billions ??

eventually it will decrease cost of goods and improve the over all market situation

Oil imports alone contribute to half of CAD
With oil dropping to 50$ CAD will become managable but issue is when will that happen(or IF)

Another 20% is food items
Basically more refineries and better food management/seeds can solve this CAD issue

 

[Maula Jatt]

Spokesperson to FM's explanation @Zibago
Apparently they collected more revenue/taxes than thier original target
From this extra revenue they'll "subsidize" Pakistanis addicted to subsidies - they want money from relatives abroad and they also want government handouts on a daily basis

FBR beats Jul-Feb tax target | The Express Tribune

Collection rises Rs268 billion, narrowly avoids missing February target

tribune.com.pk

 

[nahtanbob]

Not necessarily - you are missing inflation

explain to me how buying petroleum on deferred credit does not add up to debt. at some point you have to pay for it.
it is short term debt at least

in the long run unsustainable foreign debt (in case of Pakistan) leads to inflation. I get that

 

[Bossman]

explain to me how buying petroleum on deferred credit does not add up to debt. at some point you have to pay for it.
it is short term debt at least

in the long run unsustainable foreign debt (in case of Pakistan) leads to inflation. I get that

I never said it wasn’t

 

[Chakar The Great]

Lol these military guys on this forum are now expert on economy.

Please leave it for the people in ministry of finance to solve such issues. I dont understand this mentality of "I know everything".

 

[AZADPAKISTAN2009]

Nice move by Pakistan's Prime Minister to move the Economy in positive Direction brilliant

• More money in hand of Youth , with University Degree
  • Use it to gain more skills training or use it for better job hunt
• More money in hand of New Business makers
• More money in hand of IT workers who work remotely (0% Tax)
• More money in hands of Pakistani
• Bus transport service in Karachi (Electric Buses)
• Health Card for Poor family , $7,000 USD max coverage for family

No more timatar and aloo politics by PML and PPP

1. PML = Timatar is finished in market
2. PPP = Aloo is in shortage

Citizen of Pakistan Prime Minister Imran Khan has delivered now you have to pay your taxes

 

[Mustang125]

You mean commenting on a taxation system geared for the benefit of the rich is hate of Muslims than I will indeed pray for you.
When have I pilloried Islam ?
I rarely mention religion being a atheist from the age of 15 when I learned to think with a brain, evolution has gifted.



I am old. You are right about that.

 

[xyxmt]

How does he plan on paying for this subsidy? By reducing taxation and govt spending, or through borrowing?

I was still wondering how is he paying for Ihsas program, interest free loans to Youths, and nation wide health care system....I think he has a big saving account.

I think the entire Pakistani public has "Yar Guzara ne hota" syndromes.
making 20 thousand but guzara ne hota, making 2 lakh or 20 lakhs but guzara ne hota.

 

[RoadRunner401]

Then borrow away. Visit every capital in the world asking for loans and freebies

Yeah, yeah, Your Message is loud and clear bring back the Thieves who helped you(India) destroy Pakistan from Inside and outside. It's Not that hard to figure out your desperation, When we need to know how to claim trillion dollars plus the economy and still getting Aid then we will ask you for help or we can also build a wall around the poor and claim it a victory...

 

[StormBreaker]

Lol these military guys on this forum are now expert on economy.

Please leave it for the people in ministry of finance to solve such issues. I dont understand this mentality of "I know everything".

These “Daakoos” and “Chors” and Mafia members are now “Sitting in Gov, Judiciary, Ministries, Senate”, Why not leave all of that to the real people who actually know these things ???

 

[Waterboy]

Hello gentleman. PTI subsidy policy has literally rekt us. We are heading towards an economic crisis worse than the one on 2018.

 

[Trango Towers]

Hello gentleman. PTI subsidy policy has literally rekt us. We are heading towards an economic crisis worse than the one on 2018.

Who would u have in office if not imran khan.

Diesel
NS
Zardari
Bilo

 

[Waterboy]

Who would u have in office if not imran khan.

Diesel
NS
Zardari
Bilo

It's not about politics anymore. IK did the same, subsidised fuel, that's darconomics.

Honestly the best solution is to bring technocrats, for example dr moeed yousaf did a brilliant job.

The issue we face now are grave. I feel like establishment should interfere, stabilise the economy via technocrats, and hold elections.

If this setup goes on we'll default.

 

[Trango Towers]

It's not about politics anymore. IK did the same, subsidised fuel, that's darconomics.

Honestly the best solution is to bring technocrats, for example dr moeed yousaf did a brilliant job.

The issue we face now are grave. I feel like establishment should interfere, stabilise the economy via technocrats, and hold elections.

If this setup goes on we'll default.

Answer the question...easy yo criticise.

Now tell me who should replace him and this time don't dodge.
If you dodge then it better to be quiet