Would Muzzammil Aslam be proven correct again this time?

[Crimson Blue]

It was big deal earlier this year when IMF, World Bank, Morgan Stanley & other international financial institutions were forecasting only 1.5% GDP growth for Pakistani economy. While a lone economist, Muzzammil Aslam was he only public voice who foretasted 4% GDP growth since December 2020 & publicly rejected the growth estimates of IMF et al.
He is also the first person that I know of, who predicted all time high wheat crop late last year.

Now he has new forecast about cotton, wheat, rice & sugarcane crops for this fiscal year . Would he be right again this time around?

Muzzammil Aslam's Agri-growth Estimates For 2021-22

 

[GHALIB]

It was big deal earlier this year when IMF, World Bank, Morgan Stanley & other international financial institutions were forecasting only 1.5% GDP growth for Pakistani economy. Muzzammil Aslam was he only public voice who foretasted 4% GDP growth since December 2020 & publicly rejected the growth estimates of IMF et al.
He is also the first person that I know of, who predicted all time high wheat crop late last year.

Now he has new forecast about cotton, wheat, rice & sugarcane crops for this fiscal year . Would he be right again this time around?

Muzzammil Aslam's Agri-growth Estimates For 2021-22

Great .

 

[Desprado]

He was 100% wrong about devaluation reduces import and increase export ,however, i wish to Allah that this come true because this will benefit Pakistan. Devaluation did not benefited Pakistan one bit since PTI came.

 

[Dil Pakistan]

He was 100% wrong about devaluation reduces import and increase export ,however, i wish to Allah that this come true because this will benefit Pakistan. Devaluation did not benefited Pakistan one bit since PTI came.

You are holding the "stick" from the wrong end.

No "devaluation" was done -- I repeat: " no devaluation was done".

Ishaq Dar had frozen the $ to rupee rate at an artificial Pak rupee 103 (approx.)
Due to this artificial freezing the exports plummeted because rupee was dropping yet the ratio was static.

PTI govt lifted this artificial freeze, leading to correction of rupee : $ price; leading to inflation.

There was no other way.

 

[Enigma SIG]

You are holding the "stick" from the wrong end.

No "devaluation" was done -- I repeat: " no devaluation was done".

Ishaq Dar had frozen the $ to rupee rate at an artificial Pak rupee 103 (approx.)
Due to this artificial freezing the exports plummeted because rupee was dropping yet the ratio was static.

PTI govt lifted this artificial freeze, leading to correction of rupee : $ price; leading to inflation.

There was no other way.

N-Leagui's are incorrigible. I went to a sanitary store today to buy some stuff in Lahore. The owner was lamenting the drop in sales because IK is discouraging imports. All this when handing a sales receipt of ~5,000 PKR to a customer.

Banda litae aur littar mare jae.

 

[Zibago]

increase export

Eh?

Pakistan records highest export of goods in FY21

* Monthly figures for June 2021 also register record * Advisor to Prime Minister on Trade and Investment Abdul Razak Dawood congratulates exporters

www.brecorder.com

 

[Bossman]

He was 100% wrong about devaluation reduces import and increase export ,however, i wish to Allah that this come true because this will benefit Pakistan. Devaluation did not benefited Pakistan one bit since PTI came.

Your are wrong. It is a significant factor along with others. You are going against basic concepts of macro economics. Exports don’t increase overnight if you don’t have anything to export.

 

[ziaulislam]

You are holding the "stick" from the wrong end.

No "devaluation" was done -- I repeat: " no devaluation was done".

Ishaq Dar had frozen the $ to rupee rate at an artificial Pak rupee 103 (approx.)
Due to this artificial freezing the exports plummeted because rupee was dropping yet the ratio was static.

PTI govt lifted this artificial freeze, leading to correction of rupee : $ price; leading to inflation.

There was no other way.

Eh?

Pakistan records highest export of goods in FY21

* Monthly figures for June 2021 also register record * Advisor to Prime Minister on Trade and Investment Abdul Razak Dawood congratulates exporters

www.brecorder.com

What?

exports decreased from 22.7 billion to 26.8 billion dollars..a total decrease of around 20% over 3 years in PTI govt

While during my peer the exports increased by 20% from 25b$ to 21.8b$ (2012-2018)

This was despite SARS and H1NC and militray dictatorship which made it difficult for nawaz sharif govt

What has govt did? Banned PUBG making common people life miserable

 

[Desprado]

Eh?

Pakistan records highest export of goods in FY21

* Monthly figures for June 2021 also register record * Advisor to Prime Minister on Trade and Investment Abdul Razak Dawood congratulates exporters

www.brecorder.com

Same as 2011 number of export. PKR was 80 against dollar.

Pakistan Exports 1960-2024

Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial...

www.macrotrends.net

 

[Zibago]

Same as 2011 number of export. PKR was 80 against dollar.

Nope exports were highest in history of Pakistan

https://twitter.com/x/status/1410526528887209988

 

[Desprado]

Nope exports were highest in history of Pakistan

https://twitter.com/x/status/1410526528887209988

Same 31 billion. Only 1 million dollar increase from 2011. In 2011 Pakistan did 31 billion dollar export.

 

[Zibago]

Same 31 billion. Only 1 million dollar increase from 2011. In 2011 Pakistan did 31 billion dollar export.

They got this

Over four years of PML-N, Pakistani exports take a major hit

By the end of 2016-17 fiscal year, export receipts have over the past four years on the bounce have been sliding big time – by as much as 17 percent compared to where they stood in 2013 post PPP’s

profit.pakistantoday.com.pk

Which they turned around to highest in Pakistan history during a global pandemic but I am sure spin masters are directed not to mention that

 

[ziaulislam]

Nope exports were highest in history of Pakistan

https://twitter.com/x/status/1410526528887209988

No sir 22b of nawaz sharif is 3b greater then 25b of PTI; simple maths
25-22=3b
@Desprado

 

[Desprado]

They got this

Over four years of PML-N, Pakistani exports take a major hit

By the end of 2016-17 fiscal year, export receipts have over the past four years on the bounce have been sliding big time – by as much as 17 percent compared to where they stood in 2013 post PPP’s

profit.pakistantoday.com.pk

Which they turned around to highest in Pakistan history during a global pandemic but I am sure spin masters are directed not to mention that

No because first 3 years all government did control CAD. PPP did far better than others and when PPP left the government it was 2.5 billion dollar CAD in 2013 for PMLN. PPP did the best among PTI and PMLN when it comes export and controlling imports.

PTI is first ever party who has done 4.2 billion trade deficit in just one month and highest import of 6.5 billion dollar in Pakistan history even after devaluing currency 30%.

All PTI has done is hired same PPP rented FM.

 

[Zibago]

No sir 22b of nawaz sharif is 3b greater then 25b of PTI; simple maths
25-22=3b
@Desprado

We literally have a chance of hitting 28 next year if not 30 and these clowns just want subsidized growth back where factories shut down and all big spending is concentrated in central punjab

No because first 3 years all government did control CAD. PPP did far better than others and when PPP left the government it was 2.5 billion dollar CAD in 2013 for PMLN. PPP did the best among PTI and PMLN when it comes export and controlling imports.

PTI is first ever party who has done 4.2 billion trade deficit in just one month and highest import of 6.5 billion dollar in Pakistan history even after devaluing currency 30%.

All PTI has done is hired same PPP rented FM.

Did you even analyze what items caused a spike in last few months?

Also for the last time PTI isnt devaluing currency the currency is reflecting its real value that is reflective of our economic reality

Only an idiot will think that the government needs to pump billions into the system just so that gamay majay could have subsidized consumption for next few months completely wasting reserves which could be better spent at upgrading our infrastructure to support our export industries
There are still people in this world who think subsidizing consumption in a developing economy is a good thing even after witnessing what happened in Lebanon @ziaulislam
People want to emulate that instead of avoiding this