arifkarim
Prime Minister (20k+ posts)
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تیری یاد آئی تیرے جانے کے بعد
- Thread starter arifkarim
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zaheer2003
Chief Minister (5k+ posts)
He left after losing Senate election. Imran Khan did not fired him. It was needed by law
گجنی قوم
arifkarim
Prime Minister (20k+ posts)
He lost senate election due to rigging by Yusuf Reza Gilani. Remember the videos of his son trying to bribe PTI lawmakers? Anyway Imran Khan never wanted to keep him. He could easily make him senator from Punjab or KPK. My theory is that govt wanted him to lose that senate election seat so they could get rid of him without making it look like they fired him
zaheer2003
Chief Minister (5k+ posts)
yes election was needed by law but instead of Islamabad senate seat, PTI could have arranged a senate seat from KP for him. in KP assembly PTI has 3/4 majority whereas in federal/islamabad PTI and allies have razor thin majority.
Conclusion is that IK wanted Tareen who was all talk 6 months ago. Now he has reversed all financial discipline in search for GDP growth. As a result, high inflation has returned and current account deficit is almost out of control.
zaheer2003
Chief Minister (5k+ posts)
You mean IK want to loose most important seat just to remove Hafeez ?
Do you remember He had to take vote of confidence after this loss.
Wallah bhai g this Gambler IK is ?
zaheer2003
Chief Minister (5k+ posts)
You mean IK want to loose most important seat just to remove Hafeez ?
Do you remember He had to take vote of confidence after this loss.
Wallah bhai g this Gambler IK is ?
zaheer2003
Chief Minister (5k+ posts)
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Demand of growth is. More demand more import. If we had followed hafeez model pakistan would had only max 2 billion dollar cad by now addition is due to artifical demand created by flawed budget.
Now look at those items causing more import bill
Demand of growth is more so demand is more for import. If we had followed hafeez model pakistan would had only max 2 billion dollar cad by now addition is due to artifical demand created by flawed budget
Now look at those items causing more import bill
zaheer2003
Chief Minister (5k+ posts)
Ohh so how to pay less for petroleum products ?
zaheer2003
Chief Minister (5k+ posts)
have u even read the data ?
zaheer2003
Chief Minister (5k+ posts)
o chal oye CHABAAL....
What was last year growth ? around 5% when more activities across the world was closed KHOTAY and projection by hafeez was more in next year
Last FY was 4% and now it is 4.5% with 7.6 billion dollar cad.
Sohail Shuja
Chief Minister (5k+ posts)
Ban on imports is a double edged sword. It also slashes down the revenue collection of the Govt, sourced from duties and taxes. Plus, your traders also start to die...
At the end, if there is a revenue shortfall, then the Govt has to turn to the banks for loans. So, it becomes another problem from the other side round. Specially in an economy like Pakistan, which had been relying on imports for decades and where the local manufacturing and production had been on a steep decline due to 10% and 20% mafias.
For the past six months (almost), the major imports are of machinery and plants which are being set up here in Pakistan. So, this is a one time pain for us. You must have heard that Samsung has started manufacturing in Pakistan. Likewise, the other projects when completed, will start kicking back this money into the economy, create more jobs and export potential as well. But while we make a transition through this phase, we have no other option but to pay its price..... i.e. inflation.
arifkarim
Prime Minister (20k+ posts)
Hafeez Sheikh was right. Pakistan cannot have a GDP growth rate of more than 4 percent without getting a CAD crisis. Imran Khan ignored his professional advice and now paying the price in the form of that dinosaur Shaukat Tareen
arifkarim
Prime Minister (20k+ posts)
Vote of confidence could be a smokescreen. Reality is that Imran Khan never tried to elect Hafeez Sheikh from Punjab or KPK as senator which were much safer than Islamabad. Secondly Imran Khan wanted to get rid of IMF program which he did after Shaukat Tareen became the architect of new budget. Now everybody is paying the price of that mistake
arifkarim
Prime Minister (20k+ posts)
Shaukat Tareen a walking talking disaster. He promised no import based gdp growth ?
