Exports increase to $25 bn: Hammad Azhar

[Will_Bite]

IMF agents are not doing good job. They can't fight for 6bn loan when this money could be retrieved from tourism only. Overseas send 22bn to run this country and the politicians are installing IMF and foreign agents. Imran khan needs to do some soul searching

IMF loan is less about the amount, and more about credit worthiness, as it opens doors to foreign investments, and multilateral agreements

 

[Will_Bite]

Thank you Asad Umar for the steps that led to increase in exports.

 

[FahadBhatti]

IMF agents are not doing good job. They can't fight for 6bn loan when this money could be retrieved from tourism only. Overseas send 22bn to run this country and the politicians are installing IMF and foreign agents. Imran khan needs to do some soul searching

there is no doubt that there is a huge potential for tourism earning but to make use of this potential the government actually has to spend money to introduce proper facilities for the international and local tourists. Pakistan should start working on it right now and after 5-7 years they can start reaping benefits but at this point of time we cannot hope to earn much from tourism.

 

[FahadBhatti]

Exports increased 2% last nine months. During PML(N)'s last year exports increased 12%.

and decreased a total of 700 million dollars in their 5 years which amounts to 2.9% decline in 5 years which is utter failure of economy and not to forget the trade deficit increased from 20 billion dollars to whopping 40 billion dollars.

 

[iftikharalam]

If Nawaz looted money last five years why there is not a single case filed by NAB against him. All cases are thirty year old and so far have not found evidence of corruption even in them.

Tumhara qasuur nahin hai bhai!

 

[Awan S]

and decreased a total of 700 million dollars in their 5 years which amounts to 2.9% decline in 5 years which is utter failure of economy and not to forget the trade deficit increased from 20 billion dollars to whopping 40 billion dollars.

Imports increased because there were so many mega projects in construction that is why lot of machinery and other stuff were imported. Import also went high because business were booming and that is why demand of stuff caused big imports. Purchasing power of common man increased and import increased therefore. Now exports has not increased but imports decreased indicating there is way less demand or purchasing power.

 

[Awan S]

It decreased overall in 5 years from $25billions in 2013 to $23billions in 2018.

Yes that is the only area government performed bad but other parametes were good like:
GDP increased from 3.5 to 6
Inflation reduced from 9.4 to 4.8
foreign currency reserves increased from 9 Billion to 20 Billion
Tax collection doubled in five year (every year increased 20%)
stock market from 32000 to 53000 (at day before Nawaz disqualification)
Entire world was praising Pakistan's economy with leading financial newspaper writing on it.

 

[ahameed]

Yes that is the only area government performed bad but other parametes were good like:
GDP increased from 3.5 to 6
Inflation reduced from 9.4 to 4.8
foreign currency reserves increased from 9 Billion to 20 Billion
Tax collection doubled in five year (every year increased 20%)
stock market from 32000 to 53000 (at day before Nawaz disqualification)
Entire world was praising Pakistan's economy with leading financial newspaper writing on it.

بھائی جی آپ کی سارے فگرز غلط ی نا مکمل ہیں

 

[Awan S]

بھائی جی آپ کی سارے فگرز غلط ی نا مکمل ہیں

یہ سارے فگر انٹرنیشنل میگزین جیسے فوربیس میں ہر سال چھپتے ہیں اس کے علاوہ آپ اس ویب سائٹ پر دیکھ سکتے ہیں یہ بھی پوری دنیا کے مہاشی اشاریھے دکھاتی ہے -
https://tradingeconomics.com/pakistan/gdp

 

[ahameed]

Yes that is the only area government performed bad but other parametes were good like:
GDP increased from 3.5 to 6
Inflation reduced from 9.4 to 4.8
foreign currency reserves increased from 9 Billion to 20 Billion
Tax collection doubled in five year (every year increased 20%)
stock market from 32000 to 53000 (at day before Nawaz disqualification)
Entire world was praising Pakistan's economy with leading financial newspaper writing on it.

1. GDP was 5.2, not 6. and that also consumption based, not sustainable, just relying on loans, as soon you start paying back loans, it will crash.

2. Inflation was about 5 in may 2013 and 11 in Nov 2013.

3. Foreign reserves were about 8/9 billions when PMLN left the Govt.

4. Tax collection was doubled using massive import duties on imports, denying refunds to the bizs which eventually destroyed pak's economy and exports.

5. Stock market was around 40K when PMLN left the Govt.

6. Entire world was praising, but at the end of PMLN Govt, Pakistan had only reserves for 2-3 weeks imports and at the verge of collapse and begging to IMF for another package.