"Of course Inflation will be now in double digit after Devaluation" FM

[Doom1111]

"Of course Inflation will be now in double digit after Devaluation and now after fuel cost will be increased and we will have to do a fuel adjustment on electricity prices as well. " FM
Shahzeb Khanzada Show.

My question to PTI fan is that what is the reason to hire Shaukat Tarin when PM Khan said " Sole reason of Shuakat Tarin recruitment as a FM is to handle inflation". PM Khan

 

[Doom1111]

I told arifkarim 2 months back. Good to be true.

"Course on me if lie. Yes i worried about devaluation and Of course Inflation will be now in double digit after Devaluation and now after fuel cost will be increased and we will have to do a fuel adjustment on electricity prices as well"

"I have to launch 10 billion international bond to manage pace of non import ourflows due to mismanagement of our bureaucracy."

 

[Citizen X]

Oh bus kerde yaar

 

[Doom1111]

What i felt is that Shahzeb Khanzada trapped him as he said that FDI was the worst ever in July 2021 for Pakistan since 2011. He blamed lack of interest in PKR and non import out flows are killing rupee. He did not say why out flows of investment is leaving but anyone can guess.

However he said that bureaucracy and some people inside the government does not want growth and due to outflow pace of non import out flow ,which i did not forecast will be managed by 10 billion international bonds.

 

[miafridi]

How do you control devaluation? Dar formula? throwing reserves into controlling the dollar rate artificially? but for how long? Until your reserves which are based mostly on loans are exhausted? And you have nothing left but a disaster like Lebanon where things went 50 times costlier in just a matter of 12 months.

And if you think imports can be curbed you need to know that current uptick in imports is mainly because of 3 reasons, Food imports, Fuel prices/consumption increase, and industrial expansion. None of which can be controlled in short term unless you want further chaos.

 

[Doom1111]

How to you control devaluation? Dar formula? throwing reserves into controlling the dollar rate artificially? but for how long? Until your reserves which are based mostly on loans are exhausted? And you have nothing left but a disaster like Lebanon which things went 50 times costlier in just a matter of 12 months.

And if you think imports can be curbed you need to know that current uptick in imports if mainly because of 3 reasons, Food imports, Fuel prices/consumption increase, and industrial expansion. None of which can be controlled in short term unless you want further chaos.

Only a fool like Imran Khan will go for growth at this time.

Pakistan can never afford growth until it has at least 50 billion dollar reserve, which are based on inflows not loans.

Growth at the cost of what? Shaukat Tarin said it today even if dollar goes to 190 still CAD will be about 13 billion dollar so what is the purpose of devaluation?

 

[miafridi]

How to you control devaluation? Dar formula? throwing reserves into controlling the dollar rate artificially? but for how long? Until your reserves which are based mostly on loans are exhausted? And you have nothing left but a disaster like Lebanon which things went 50 times costlier in just a matter of 12 months.

And if you think imports can be curbed you need to know that current uptick in imports if mainly because of 3 reasons, Food imports, Fuel prices/consumption increase, and industrial expansion. None of which can be controlled in short term unless you want further chaos.

Although there should be steps to contain the import bill, and it should not get out of control, but saying that it is just a piece of cake is a wrong assumption.

 

[JunaidMarwat]

Shaukat Tarin is not only honest but an extremely capable and competent guy. Can't say much about IMF installed Reza Baqir, but things are not going in the right direction as far as economy is concerned. By the way where is Hafeez Sheikh? Those who raised the interest rate to 13.5% in pursuit of hot money should be behind bars. Nadeem Babar should be held accountable for purchasing the most expensive LNG in our history. That guy has clear conflict of interest.

 

[miafridi]

Only a fool like Imran Khan will go for growth at this time.

Pakistan can never afford growth until it has at least 50 billion dollar reserve, which are based on inflows not loans.

Growth at the cost of what? Shaukat Tarin said it today even if dollar goes to 190 still CAD will be about 13 billion dollar so what is the purpose of devaluation?

Reducing growth might result in more catastrophic result than having somewhat moderate CAD. Earning 5% in an inflation of 10% is way better than earning 2% in an inflation of 6%. Compromising one thing over another in any economy are hard decisions and that also if you can control an economy at all.

Just look at what every international organizations had predicted about Pakistan's economy but the results show that economy is a fragile subject and no one really knows how it will play but you can only try to play with one or the other indicator and wait for the results.

Keep in mind that a single method cannot work for any 2 economies as well as the fact that the same steps followed in 2 different eras for the the same economy will not work either due to countless variables at play when it comes to economy.

 

[arifkarim]

Only a fool like Imran Khan will go for growth at this time.

Pakistan can never afford growth until it has at least 50 billion dollar reserve, which are based on inflows not loans.

Growth at the cost of what? Shaukat Tarin said it today even if dollar goes to 190 still CAD will be about 13 billion dollar so what is the purpose of devaluation?

Your obsession with devaluation is as if you yourself is Ishaq Dollar

 

[JunaidMarwat]

Reducing growth might result in more catastrophic result than having somewhat moderate CAD. Earning 5% in an inflation of 10% is way better than earning 2% in an inflation of 6%. Compromising one thing over another in any economy are hard decisions and that also if you can control an economy at all.

Just look at what every international organizations had predicted about Pakistan's economy but the results show that economy is a fragile subject and no one really knows how it will play but you can only try to play with one or the other indicator and wait for the results.

Keep in mind that a single method cannot work for any 2 economies as well as the fact that the same steps followed in 2 different eras for the the same economy will not work either due to countless variables at play when it comes to economy.

Da kam ze Afridi yeh?

 

[Citizen X]

Your obsession with devaluation is as if you yourself is Ishaq Dollar

Salay ne forex mein investment ki hui hogi

 

[JunaidMarwat]

Salay ne forex mein investment ki hui hogi

Bro are you retired?

 

[Fawad Javed]

How to you control devaluation? Dar formula? throwing reserves into controlling the dollar rate artificially? but for how long? Until your reserves which are based mostly on loans are exhausted? And you have nothing left but a disaster like Lebanon which things went 50 times costlier in just a matter of 12 months.

And if you think imports can be curbed you need to know that current uptick in imports if mainly because of 3 reasons, Food imports, Fuel prices/consumption increase, and industrial expansion. None of which can be controlled in short term unless you want further chaos.

why still importing chocolates, cookies, shampoo etc