"Pakistan had twice food inflation than rest of the region" Uzair Younus

Desprado

Minister (2k+ posts)
I am saying this again, that why do you have to point to exaggerated/false figures to make a statement? Dollar already started on the declining path since the beginning of 2018 and had declined as much as 129 on July 27 when even the election results weren't clear. But you are calling the devaluation from 129 to 160 as 80% devaluation. Not to mention that the economic time bomb PML-N had set was already going to take the dollar to 160 and there was no way stopping it, and it wasn't PTI's fault.
From 80 to 169. Market base currency was PTI fault.
 

miafridi

Prime Minister (20k+ posts)
What dynamics? They are defaulted and they cannot pay 1 billion dollar euro bond at 27th July. Fitch, Morgan and Moodys has given -ccc. All dynamics changed when PTI. PTI raped Pakistan's economy with naive, inexperience, knew jerk reactions, over reactions and immaturity.

Did not need to fire Hafez Sheik before July and did not need make Asad Umar FM. Shaukat Tarin is Misbha version of FM.

If so then it is surely going to hit their economy in just a matter of time. Their food inflation is already 11-pct in june 2021, which is probably higher than Pakistan's. Other than that Sri lanka's GDP and per capita income, etc were already 3 to 4 times better than Pakistan, so if hard times can hit a poor economy in a month then it will take a few more months for a comparatively better economy to get hit at the same level as the other economy.
 

Desprado

Minister (2k+ posts)
If so then it is surely going to hit their economy in just a matter of time. Their food inflation is already 11-pct in june 2021, which is probably higher than Pakistan's. Other than that Sri lanka's GDP and per capita income, etc were already 3 to 4 times better than Pakistan, so if hard times can hit a poor economy in a month then it will take a few more months for a comparatively better economy to get hit at the same level as the other economy.
It did not because they did not do knew jerk reactions, immature statements.
You have a constant problem with devaluation without explaining the reason why devaluation happened because overvalued exchange rate in Ishaq Dollar years

Since 2 year PKR is undervalued. Itna to overvalue bhi hoa PMLN dur ma jitni dear undervalue kardya ha.

50 saal ka tak undervalue PKR ko rahka ha kya?


Remember if the value of PKR goes below 95 Reer than it will be hyper inflation according to SBP.
 

arifkarim

Chief Minister (5k+ posts)
Premium Member
Sir when PPP achieved 30 billion export the currency was below 80 rupee agianst dollar.
Yes during PPP real effective exchange rate was normal around 100. Then your favorite Pmln came, overvalued exchange rate and destroyed exports. Then PTI came and fixed this imbalance to return exports at PPP levels

 

Desprado

Minister (2k+ posts)
Yes during PPP real effective exchange rate was normal around 100. Then your favorite Pmln came, overvalued exchange rate and destroyed exports. Then PTI came and fixed this imbalance to return exports at PPP levels

No one is my favorite. I hate Politician because they are responsible for Breakup Pakistan and all Parties has destroyed Pakistan economy.

Only Army Dictatorship is the soluation.
 

arifkarim

Chief Minister (5k+ posts)
Premium Member
Only Army Dictatorship is the soluation.
Musharraf dictatorship left 13 billion dollars current account deficit that devalued PKR, increasing dollar exchange rate from 60 to 104. Problem as always has been artificial overvalued exchange rate that results in unsustainable current account deficits that leads to massive devaluation and thus inflation
 

Desprado

Minister (2k+ posts)
Musharraf dictatorship left 13 billion dollars current account deficit that devalued PKR, increasing dollar exchange rate from 60 to 104. Problem as always has been artificial overvalued exchange rate that results in unsustainable current account deficits that leads to massive devaluation and thus inflation
8 billion was current account deficit.

What Inistuation we made in Dictator Ship?

1) PIA

2) Pakistan Steel Mill

3) PCB etc

All destoryed when Democracy came.

Forigen Banks in Dictator Ship

1) HSBC
2) RHB
3 Royal Bank
4) Maybank etc

All left when Democracy came.


Best foreign policy was in dictatorship
 

miafridi

Prime Minister (20k+ posts)
You dumb idiot. Whose fault was when currency was overvalued during Ishaq Dollar years?


Musharraf dictatorship left 13 billion dollars current account deficit that devalued PKR, increasing dollar exchange rate from 60 to 104. Problem as always has been artificial overvalued exchange rate that results in unsustainable current account deficits that leads to massive devaluation and thus inflation

8 billion was current account deficit.

What Inistuation we made in Dictator Ship?

1) PIA

2) Pakistan Steel Mill

3) PCB etc

All destoryed when Democracy came.

Forigen Banks in Dictator Ship

1) HSBC
2) RHB
3 Royal Bank
4) Maybank etc

All left when Democracy came.


Best foreign policy was in dictatorship

Haha Blaming devaluation from 80 to 169 on PTI, and calling it as 80% when it is around 110%, shows it all about your accuracy of numbers/statements. Not to mention hailing Sri Lanka's more inflation(than Pakistan) as their 1000 times better performance. LOLZZZZ

As for your love for dictatorship, where is your flag? We would love to see what colors you have chosen for your flag to make dictatorship a reality in Pakistan in the coming years. 🤣 🤣
 

arifkarim

Chief Minister (5k+ posts)
Premium Member
8 billion was current account deficit.

What Inistuation we made in Dictator Ship?

1) PIA

2) Pakistan Steel Mill

3) PCB etc

All destoryed when Democracy came.

Forigen Banks in Dictator Ship

1) HSBC
2) RHB
3 Royal Bank
4) Maybank etc

All left when Democracy came.


Best foreign policy was in dictatorship
Ayub dictatorship came with development at the cost of Indo Pak war and separation of East Pakistan
Zia dictatorship came with development at the cost of Afghan refugees, violence, drugs and forced islamization
Musharraf dictatorship came with development at the cost of 70000 Pakistanis dead in American war on terror, electricity shortages
 

Desprado

Minister (2k+ posts)
Ayub dictatorship came with development at the cost of Indo Pak war and separation of East Pakistan
Zia dictatorship came with development at the cost of Afghan refugees, violence, drugs and forced islamization
Musharraf dictatorship came with development at the cost of 70000 Pakistanis dead in American war on terror, electricity shortages
All foreign agency landers, CPEC, and all foreigners only trust the word of our Army not our Civilian government.
 
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