Imran Khan & Shaukat Tareen Decides To Review IMF Plan For Economic Growth

[arifkarim]

آخر کار وہی ہوا جس کا ڈر تھا۔ ڈائنوسار بابو شوکت ترین وزیر اعظم کی معاشی ٹیم کو قائل کرنے میں کامیاب ہو گئے کہ شرح سود مصنوعی کم کر کے، نوٹ چھاپ کر ہی ملک کو معاشی ترقی دی جا سکتی ہے۔ یہ وہی پالیسی ہے جس کی وجہ سے پچھلے ۲۰ سالوں میں ملک قریبا دیوالیہ ہونے کے بعد آئی ایم ایف کے پاس بھیک مانگنے گیا ہے۔​

Okara
The Sane
Citizen X
Rajarawal111
Awan S
Bubber Shair
Resiliant

 

[Nice2MU]

جب سٹیٹ بینک کی خودمختاری کا قانون پاس ہو جائے تو اس ڈبو کی کون سنے گا؟ پھر یہ نوٹ نہیں چھاپ سکتے۔

 

[mskhan]

It is called quantitative easing, where money is pumped into the economy to increase economic activity. All western countries printed hundreds of billions of currency after the 2008 financial crisis to increase liquidity in the market.

quantitative easing is a monetary tool which central banks use in the policy making. Nothing strange about it

 

[arifkarim]

It is called quantitative easing, where money is pumped into the economy to increase economic activity. All western countries printed hundreds of billions of currency after the 2008 financial crisis to increase liquidity in the market.

quantitative easing is a monetary tool which central banks use in the policy making. Nothing strange about it

Idiot Pakistan is not a developed Western country. Its currency is not as strong as US dollar whose money printing doesn't matter on inflation and current account.

 

[Wake up Pak]

May be i missed it but after watching the whole program, i don't find him saying that.

 

[zaheer2003]

آخر کار وہی ہوا جس کا ڈر تھا۔ ڈائنوسار بابو شوکت ترین وزیر اعظم کی معاشی ٹیم کو قائل کرنے میں کامیاب ہو گئے کہ شرح سود مصنوعی کم کر کے، نوٹ چھاپ کر ہی ملک کو معاشی ترقی دی جا سکتی ہے۔ یہ وہی پالیسی ہے جس کی وجہ سے پچھلے ۲۰ سالوں میں ملک قریبا دیوالیہ ہونے کے بعد آئی ایم ایف کے پاس بھیک مانگنے گیا ہے۔​

Okara
The Sane
Citizen X
Rajarawal111
Awan S
Bubber Shair
Resiliant

نوٹ چھاپ کر ملک کو معاشی ترقی دیں گے: شوکت ترین

It was not in full video.

He said PSDP will be increased from internal source means more tax collection and use money from there not from foreign loan

 

[Oppostion Is Mafia]

 

[arifkarim]

May be i missed it but after watching the whole program, i don't find him saying that.

At 4:39 he tells Shaukat Tareen's great economic plan that is artificially low interest rates which is another word for massive money printing. It leads to boom and bust cycle, bankrupting the country forcing it back to IMF.

 

[arifkarim]

It was not in full video.

Hear from 4:39. Artificially low interest rates leads to money printing, boom and bust cycle, bankrupting the country, forcing it back to IMF.

 

[Wake up Pak]

At 4:39 he tells Shaukat Tareen's great economic plan that is artificially low interest rates which is another word for massive money printing. It leads to boom and bust cycle, bankrupting the country forcing it back to IMF.

I know but, that was his interview to shazeb on Geo but, working under PM Khan, he won't let it happened.
In the past year and half we have not printed a single penny.

 

[Islamabadi1]

This PTI party of jokers has just appointed its 4th Finance minister....it means their economic policies were wrong (which pti jokers osn this site keep defending HAHAHA) otherwise there wud be no need for a replacement

 

[arifkarim]

This PTI party of jokers has just appointed its 4th Finance minister....it means their economic policies were wrong (which pti jokers osn this site keep defending HAHAHA) otherwise there wud be no need for a replacement

Pti govt wants fast artificial gdp growth like past govts. It will end up in a disaster just like past govts.

 

[Islamabadi1]

2 weeks ago the PTI lead LAAANTI wanted to make hafeez sheikh a senator....and then 2 weeks slater PTI sacks HIM? Makes no sense.....This PTI is a party of jokers....it makes the joker of PPP (bilawal) sound sensible

 

[SharpAsKnife]

یہ چوتیا مروائے گا

 

[Shahid Abassi]

arifkarim, You are speculating things that don't add up bro. Plz, don't take Abdul Qadir's words at face value as he too knows nothing about economics.
How can someone print more money (increasing M2), decrease interest rate, and at the same time keep inflation down? These are opposite forces.
.
Printing more money and lowering the interest rates means more money to spend which in economic terms means more demand. On the other hand, all things and services for sale are called Supply. And we all know high demand but unchanged supply means high inflation (mehngai).
.

1. Shaukat Tareen basically wants to go a bit hard on IMF and would like them to relax a few of their demands and if and when they refuse it, then he would like to terminate the program.
2. Shaukat Tareen is a believer in increasing public spending to achieve growth.
3. We all know that CPEC is stalled because of IMF demand for a cap on sovereign guarantees. The limit allowed by IMF for sovereign guarantees had already been used by the MLN government. Getting out of the IMF program will allow us to restart CPEC at full throttle and CPEC alone will give you 1% extra growth.
4. The difference between the beliefs of Hafiz Sheikh and Shaukat Tareen is that Hafiz Sheikh believes, inflation in Pakistan is demand pulled, while Tareen believes that inflation is mostly cost pushed. I think Shaukat is being proven right as even when our imports now are close to what MLN had in its last year, we still are experiencing inflation of 9%. That's why Hafiz Sheikh has tried his best through high interest rates and lower spendings to control inflation but he has failed. Now Shaukat Tareen will try his theories and do the opposite by increasing spending and lowering interest rates.
5. And to your understanding, there is nothing called artificially manipulating interest rates. An interest rate is always a tool that is used by a government through its state bank to stimulate or destimulate consumption. It is not like the exchange rate which is sometimes artificially kept in control.
6. Lastly, I believe, Shaukat Tareen will succeed in lowering inflation and increasing growth. Hafeez Sheikh did a splendid job in controlling CAD, increasing reserves, and finding stability. Now the next phase is to go forward and create growth and controlling inflation, and for that Tareen's plans are best suited.
7. Do not forget that IK always wanted Shaukat Tareen in his team from day one but Tareen had refused because of NAB cases against him. So he's got his man now.

 

[Okara]

Its very unlikely that Shoukat Tareen is going to make anything positive for Pakistan or PTI but surely going to damage PTI.

 

[Saboo]

2 weeks ago the PTI lead LAAANTI wanted to make hafeez sheikh a senator....and then 2 weeks slater PTI sacks HIM? Makes no sense.....This PTI is a party of jokers....it makes the joker of PPP (bilawal) sound sensible

But the joker of PPP Bilawal is still a Mori?….Now how could a mori sound sensible?... ?

 

[desan]

This is for the Patwaris who were worried about strengthening of rupee against dollar and it's detrimental effects on exports.

By printing money, you will ensure your exports will be much more attractive!!!

 

[Shahid Abassi]

Its very unlikely that Shoukat Tareen is going to make anything positive for Pakistan or PTI but surely going to damage PTI.

Hafiz Sheikh and Shaukat Tareen, both are world-class economists. The problem is that governments hire them only when they are on the brink of bankruptcy. PPP hired them when they had an 8 billion USD current account deficit (CAD), and IK hired them when CAD was at 20 billion USD a year. And whenever you have got to fix an economy with CAD, you need to cut imports, raise interest rates and slow down the economy. This is the only proven treatment for this scenario. In return, inflation makes people poor and everyone blames these guys for "mehngai".
MLN has been lucky that someone else fixes the ills and when things are on the rise, they luckily come in to rule.
PPP took over 8 billion CAD and fixed it to 2.5 billion/year and handed it over to MLN in 2013. They enjoyed the ride, made their voters happy and brought the CAD to 20 billion USD, and left. Now again, PTI is fixing the problem, brought down the CAD to zero, building reserves, bearing the wrath of the public due to inflation (which is the product of this fixing process) and if they go and MLN comes to have another easy ride and destroy it all to please the voter by opening gates for imports.
A common man does not know much about economics but the learned people like you surely need to understand the details.
.
There are very simple indicators to understand the situation; (1) MLn had 24 billion USD in reserves in 2016. If they were doing things right why would the reserves fall to 9 billion before they left? (2) The stock exchange index was 52000 in 2016, why did it fall to 39000 at the end of their tenure. (3) Had IK followed the path of MLN, how would he finance 20 billion CAD+11 billion installment+5 billion to keep the dollar at 125. It makes a total of 36 billion dollar shortfall every year or a borrowing need of about 200 billion USD in 5 years. who would have lent you that sort of money when even only 2 billion a year IMF financing demands hell-like actions? (4) Not a single initiative by MLN rule helped increase export, it decreased actually by a billion USD in 5 years.

 

[rasheikh]

Aik Tu Yeh Youtube nay Har Champpooooo ko Anchor bana diya hai