Darnomics - Where to now joker?

[karachiwala]

Finance Minister Ishaq Dar seems to have run out of steam ever since he returned from Washington.
His aggressive approach towards the economy and the exchange rate is absent. He is no longer talking about bringing the dollar down to below Rs200, and the “befitting response” promised to Moody’s after it downgraded Pakistan’s rating, has yet to materialise.
All of this only suggests that the economic crisis is deepening. Another leading ratings agency, Fitch, also downgraded the country’s rating earlier this week. With it, hopes of borrowing from commercial markets have faded away and inflows from credit sources have dried up, claims Rashid Masood Alan, a seasoned banker currently associated with a World Bank’s subsidiary providing funds to banks for low cost housing in Pakistan.
Read the full analysis at the following link:
https://www.dawn.com/.../analysis-are-more-loans-the...

 

[surfer]

There was a befitting response, except it came from IMF to Dar
#sherayesheraye

IMF presses Pakistan to foist more taxes | The Express Tribune

Demand comes amid fears tax-to-GDP ratio would fall short even if FBR achieves annual target

tribune.com.pk

 

[Melanthus]

Noon Lid was touting Mumshi Dar to be the saviour.He was going to turn the economy round.The money launderer was going to bring the dollar to rupee exchange rate to 150.Where is he hiding?

 

[xecutioner]

They will sell nuclear capability and will conveniently say beggars are not chosers