Ten questions from PTIans

[mhafeez]

First question: How can a government committed to austerity cause a budgetary deficit that is the highest in at least 40 years? Most economists consider budget deficit as the root of most financial ills.

What went wrong? How on earth did we hit a budget deficit of 8.9 percent of GDP? How on earth did government expenditure exceed its income by a colossal Rs3.4 trillion? If this is not macro-economic instability, then what is? For the record, Bangladesh’s budget deficit is at 5 percent of GDP and India’s is at 3.4 percent.

Question 2: How can a government so averse to taking additional loans raise our debt-to-GDP ratio to 104 percent? For the record, in September 2018, a month after the PTI took over, our debt-to-GDP ratio stood at 80 percent. How on earth did we manage to hike our debt-to-GDP to 104 percent of GDP in just 9 months? What sort of a transition is that?

Question 3: How can a government so committed to institutional reforms increase debt of Public Sector Enterprises (PSEs) to Rs2.1 trillion? What went wrong? For the record, in September 2018, a month after the PTI took over, PSEs debt and liabilities stood at Rs1.359 trillion or 3.5 percent of our GDP. How on earth did we manage to take PSE debt to Rs2.1 trillion or 5.5 percent of our GDP? What that means is that PSEs are bleeding more profusely than ever before.

Question 4: How can a government so averse to taking loans raise Pakistan’s total debt and liabilities to an unprecedented Rs40 trillion? For the record, the PPP took Pakistan’s total debt and liabilities from Rs6 trillion to Rs16 trillion in five years (2008-2013). Yes, the PML-N took Pakistan’s total debt and liabilities from Rs16 trillion to Rs30 trillion (2013-2018). How on earth did the PTI manage to take Pakistan’s total debt and liabilities from Rs30 trillion to Rs40 trillion in just one year? How did the PTI government manage to add Rs10 trillion in just one year? Lo and behold, it took the PPP five years to add Rs10 trillion.

Question 5: How did we manage to miss our export target of $28 billion by a hefty 20 percent? Who had set the target and what went wrong?

Question 6: Why has there been a drop of 25 percent in the quantity of petroleum products?

Question 7: Why is the capacity utilization in the cement sector down to 50 percent?

Question 8: Why have car sales dropped by 50 percent?

Question 9: Why has private sector borrowing fallen sharply to a negative Rs85 billion in the past two months?

Question 10: What is the government’s policy to fight inflation?

Prime Minister Imran Khan has an ‘iron will’ but there are a thousand miles between that ‘iron will’ and his team’s ‘capacity to implement’. In this era of ‘artificial intelligence’ it’s all about algorithms: ‘iron will’ plus ‘capacity’ equals ‘delivery’. Clearly, will is ‘necessary’ but not ‘sufficient’. No capacity, no delivery.

Dr Farrukh Saleem
The writer is a columnist based in Islamabad.

 

[PakGem]

نون نے پانچ سال میں ایکسپورٹس میں کتنا اضافہ کیا؟

نون کے آخری بجٹ کا خسارہ کیا تھا؟

جب نون آئی تو تجارتی خسارہ کیا تھا اور جب گئی تو کتنا تھا؟

جب نون آئی تو کرنٹ اکاؤنٹ خسارہ کتنا تھا اور جب گئی تو کتنا تھا؟

جب نون آئی تو پاور سیکٹر کا گردشی قرضہ کتنا تھا اور جب گئی تو کتنا تھا؟

جب نون آئی تو ریلوے کا خسارہ کتنا تھا اور جب گئی تو کتنا تھا؟

جب نون آئی تو پی آئ اے کا خسارہ کتنا تھا اور جب گئی تو کتنا تھا؟

ملک کے سارے ادارے خسارے میں چلے گئے اور مریم، حمزہ، حسین شریف کے اکاؤنٹس میں اربوں روپے کہاں سے آتے رہے ؟​

 

[Dr Adam]

ہیلو ہیلو ؟؟ کون ؟؟ آواز نہیں آ رہی

بھائی آواز نہیں آ رہی . اونچا بولیں

اونچا بولیں او بھائی آواز نہیں آ رہی

ہیلو ؟ ہیلو؟؟ ہیلو ؟؟؟ ابے اونچا بول آواز نہیں آ رہی

ہاں ، ابے بولا ناں کہ آواز نہیں آ رہی

ارے بھائی مذاق کیوں کر رہے ہیں صاف تو آ رہی آواز

اچھا تجھے آ رہی ہے ؟؟ ہاں بالکل صاف آ رہی ہے

تو پھر تو جواب دے دے ​

 

[zinh]

Q4:
Some one tell this """Dr.""" you have to pay back loans with interest. Pakistan doesnt have the money to even pay the interest of the loans which were taken by the govts he seems to fancy. Lets go back to 30 trillion, now tell us how is Pak expected to pay them back if theres no money here? The money has to come from somewhere. The previous loans would be justifiable if Pak benefitted from them enough to pay them back.

 

[zinh]

Q4:
Some one tell this """Dr.""" you have to pay back loans with interest. Pakistan doesnt have the money to even pay the interest of the loans which were taken by the govts he seems to fancy. Lets go back to 30 trillion, now tell us how is Pak expected to pay them back if theres no money here? The money has to come from somewhere. The previous loans would be justifiable if Pak benefitted from them enough to pay them back.

This is exactly why the current govt despised taking loans in the first place. Now they have to rely on them just to pay those back.

 

[zaheer2003]

https://twitter.com/x/status/1169204604116131845

 

[PakGem]

This is exactly why the current govt despised taking loans in the first place. Now they have to rely on them just to pay those back.

Current Gov hasn't even took loans equals to the last Budget Depicit announced by Noon.

Last Budget announced by Noon was 24 Billion USD in Depicit.

 

[pinionated]

Q4:
Some one tell this """Dr.""" you have to pay back loans with interest. Pakistan doesnt have the money to even pay the interest of the loans which were taken by the govts he seems to fancy. Lets go back to 30 trillion, now tell us how is Pak expected to pay them back if theres no money here? The money has to come from somewhere. The previous loans would be justifiable if Pak benefitted from them enough to pay them back.

Yes. Just the interest on loan causes the deficit to inflate. Nawazoo and Zardari r to blame for taking unnecessary loans on poor conditions

 

[mhafeez]

Q4:
Some one tell this """Dr.""" you have to pay back loans with interest. Pakistan doesnt have the money to even pay the interest of the loans which were taken by the govts he seems to fancy. Lets go back to 30 trillion, now tell us how is Pak expected to pay them back if theres no money here? The money has to come from somewhere. The previous loans would be justifiable if Pak benefitted from them enough to pay them back.

یہ مارجن تو پچھلی حکومت کو بھی دینا چاہیے کہ انہوں نے بھی قرضے واپس کرنے تھے مگر انہوں نے ساتھ میں ڈیلوپمنٹ بھی کی تھی

 

[mhafeez]

https://twitter.com/x/status/1169204604116131845

کس نے کہا تھا ڈالر کی قدر کو فاریکس ڈیلروں کے رحم و کرم پر چھوڑ دیں اور شرح سود میں تین گنا اضافہ کردیں؟؟​

 

[Truthstands]

بھائی صاحب ایان علی نے اور اس جیسی دوسری ہونے کتنے چکر لگائے یے اس کا بھی تو جواب دے دو اقاما وزیر کس کے سب سے زیادہ لندن میں اتنی جائیدادیں کیسے بنائیں اس کا بھی بتادو و و مریم کے اکاؤنٹ میں اتنے پیسے کیسے آئے وہ بھی بتا دو بلا ول کے اکاؤنٹ میں اتنے پیسے کہاں سے آئے تھے وہ بھی بتا دو

 

[mhafeez]

Yes. Just the interest on loan causes the deficit to inflate. Nawazoo and Zardari r to blame for taking unnecessary loans on poor conditions

لیکن آپ نے قرضوں کی واپسی کیلئے جو پیسے دئے ہیں وہ لئے گئے قرض کا بیس فیصد ہے باقی کا اسی فیصد کہاں خرچ ہورہا ہے؟؟

 

[mhafeez]

بھائی صاحب ایان علی نے اور اس جیسی دوسری ہونے کتنے چکر لگائے یے اس کا بھی تو جواب دے دو اقاما وزیر کس کے سب سے زیادہ لندن میں اتنی جائیدادیں کیسے بنائیں اس کا بھی بتادو و و مریم کے اکاؤنٹ میں اتنے پیسے کیسے آئے وہ بھی بتا دو بلا ول کے اکاؤنٹ میں اتنے پیسے کہاں سے آئے تھے وہ بھی بتا دو

اب تو نہیں جارہے اب کیوں برا حال ہے؟؟

 

[Billo Rani]

Apna chooran d a n i s h g a r d i pe jaa kar baich. Yaha par jootay khanay aa jata hai har rooz raiwind ka economist, Ishaqay Dar ka maalshi tattoo.

 

[Truthstands]

ہا ہا ہا۔۔۔۔ ٹیپیکل پٹواری

اب تو نہیں جارہے اب کیوں برا حال ہے؟؟

 

[scholar]

تم پی ٹی آئی والو سے دس سوال پوچھتے ہو اور میں تم سے ایک ہی سوال پوچھتا ہوں کہ لوٹے ہوئے مال کی رسیدیں نکالو ۔۔ رسیداں کڈو

 

[mhafeez]

ہا ہا ہا۔۔۔۔ ٹیپیکل پٹواری

نہیں، جواب دو

 

[3rd_Umpire]

First question: How can a government committed to austerity cause a budgetary deficit that is the highest in at least 40 years? Most economists consider budget deficit as the root of most financial ills.

What went wrong? How on earth did we hit a budget deficit of 8.9 percent of GDP? How on earth did government expenditure exceed its income by a colossal Rs3.4 trillion? If this is not macro-economic instability, then what is? For the record, Bangladesh’s budget deficit is at 5 percent of GDP and India’s is at 3.4 percent.

Question 2: How can a government so averse to taking additional loans raise our debt-to-GDP ratio to 104 percent? For the record, in September 2018, a month after the PTI took over, our debt-to-GDP ratio stood at 80 percent. How on earth did we manage to hike our debt-to-GDP to 104 percent of GDP in just 9 months? What sort of a transition is that?

Question 3: How can a government so committed to institutional reforms increase debt of Public Sector Enterprises (PSEs) to Rs2.1 trillion? What went wrong? For the record, in September 2018, a month after the PTI took over, PSEs debt and liabilities stood at Rs1.359 trillion or 3.5 percent of our GDP. How on earth did we manage to take PSE debt to Rs2.1 trillion or 5.5 percent of our GDP? What that means is that PSEs are bleeding more profusely than ever before.

Question 4: How can a government so averse to taking loans raise Pakistan’s total debt and liabilities to an unprecedented Rs40 trillion? For the record, the PPP took Pakistan’s total debt and liabilities from Rs6 trillion to Rs16 trillion in five years (2008-2013). Yes, the PML-N took Pakistan’s total debt and liabilities from Rs16 trillion to Rs30 trillion (2013-2018). How on earth did the PTI manage to take Pakistan’s total debt and liabilities from Rs30 trillion to Rs40 trillion in just one year? How did the PTI government manage to add Rs10 trillion in just one year? Lo and behold, it took the PPP five years to add Rs10 trillion.

Question 5: How did we manage to miss our export target of $28 billion by a hefty 20 percent? Who had set the target and what went wrong?

Question 6: Why has there been a drop of 25 percent in the quantity of petroleum products?

Question 7: Why is the capacity utilization in the cement sector down to 50 percent?

Question 8: Why have car sales dropped by 50 percent?

Question 9: Why has private sector borrowing fallen sharply to a negative Rs85 billion in the past two months?

Question 10: What is the government’s policy to fight inflation?

Prime Minister Imran Khan has an ‘iron will’ but there are a thousand miles between that ‘iron will’ and his team’s ‘capacity to implement’. In this era of ‘artificial intelligence’ it’s all about algorithms: ‘iron will’ plus ‘capacity’ equals ‘delivery’. Clearly, will is ‘necessary’ but not ‘sufficient’. No capacity, no delivery.

Dr Farrukh Saleem
The writer is a columnist based in Islamabad.

میں تمام حرامجادے پٹواریوں سے صرف اور صرف ایک سوال کروں گا، کہ

سب حرامجادے پٹواری اپنے بچّوں کی سرکی قسم، یا والدین کی سر کی قسم کھائیں کہ امرتسری بھڑووں نے کوئی چوری، ڈکیتی، یا نوسر بازی نہیں کی ، اور سارے کیس جھوٹے ہیں


میں آج امرتسری بھڑووں کے ہاتھ بیعت کر کے پٹواری بننے کے لئے تیار ہو جاؤں گا​

 

[Munawarkhan]

First question: How can a government committed to austerity cause a budgetary deficit that is the highest in at least 40 years? Most economists consider budget deficit as the root of most financial ills.

What went wrong? How on earth did we hit a budget deficit of 8.9 percent of GDP? How on earth did government expenditure exceed its income by a colossal Rs3.4 trillion? If this is not macro-economic instability, then what is? For the record, Bangladesh’s budget deficit is at 5 percent of GDP and India’s is at 3.4 percent.

Question 2: How can a government so averse to taking additional loans raise our debt-to-GDP ratio to 104 percent? For the record, in September 2018, a month after the PTI took over, our debt-to-GDP ratio stood at 80 percent. How on earth did we manage to hike our debt-to-GDP to 104 percent of GDP in just 9 months? What sort of a transition is that?

Question 3: How can a government so committed to institutional reforms increase debt of Public Sector Enterprises (PSEs) to Rs2.1 trillion? What went wrong? For the record, in September 2018, a month after the PTI took over, PSEs debt and liabilities stood at Rs1.359 trillion or 3.5 percent of our GDP. How on earth did we manage to take PSE debt to Rs2.1 trillion or 5.5 percent of our GDP? What that means is that PSEs are bleeding more profusely than ever before.

Question 4: How can a government so averse to taking loans raise Pakistan’s total debt and liabilities to an unprecedented Rs40 trillion? For the record, the PPP took Pakistan’s total debt and liabilities from Rs6 trillion to Rs16 trillion in five years (2008-2013). Yes, the PML-N took Pakistan’s total debt and liabilities from Rs16 trillion to Rs30 trillion (2013-2018). How on earth did the PTI manage to take Pakistan’s total debt and liabilities from Rs30 trillion to Rs40 trillion in just one year? How did the PTI government manage to add Rs10 trillion in just one year? Lo and behold, it took the PPP five years to add Rs10 trillion.

Question 5: How did we manage to miss our export target of $28 billion by a hefty 20 percent? Who had set the target and what went wrong?

Question 6: Why has there been a drop of 25 percent in the quantity of petroleum products?

Question 7: Why is the capacity utilization in the cement sector down to 50 percent?

Question 8: Why have car sales dropped by 50 percent?

Question 9: Why has private sector borrowing fallen sharply to a negative Rs85 billion in the past two months?

Question 10: What is the government’s policy to fight inflation?

Prime Minister Imran Khan has an ‘iron will’ but there are a thousand miles between that ‘iron will’ and his team’s ‘capacity to implement’. In this era of ‘artificial intelligence’ it’s all about algorithms: ‘iron will’ plus ‘capacity’ equals ‘delivery’. Clearly, will is ‘necessary’ but not ‘sufficient’. No capacity, no delivery.

Dr Farrukh Saleem
The writer is a columnist based in Islamabad.

2 words.

Wrong Data.

 

[Munawarkhan]

یہ مارجن تو پچھلی حکومت کو بھی دینا چاہیے کہ انہوں نے بھی قرضے واپس کرنے تھے مگر انہوں نے ساتھ میں ڈیلوپمنٹ بھی کی تھی

Can you share develloopment in first year of PMLN govt?