Watch the show he said my entire data of 2 months was wrong and mismanaged by ECC, which lead to CAD. He said i relied too much on devaluation ,however, it did not benefited 1 bit and SBP had to hike interest rate and now i will have to do entire rework on this and ban on Imports and now officially announce that Honeymoon of imports are over as we are short of dollars.
Pakistan economy to grow 4.2pc in FY22: Fitch
- Thread starter miafridi
- Start date
arifkarim
Prime Minister (20k+ posts)
Dangar finance minister
The short of dollar was the reason to crash market today. He said that we when will have dollar that in our view sustainable. I am saying Yes "The Honeymoon of import is now over".
arifkarim
Prime Minister (20k+ posts)
Short of dollar is the reason why devaluation happened
He said FDI and lack of investment is the reason.
In my view.
"The successful conclusion of the talks would facilitate immediate disbursements of $1 billion by the IMF and another $1.6 billion by the Asian Development Bank ($600 million) and the World Bank ($1 billion) over the course of the current fiscal year."
Pakistan will get 1.6 billion dollar more in October and he said Yes IMF will now say to us that "we need to reduce growth and it should be sustainable as yes we want growth at all cost but it we also do not want the growth to explode like it did in 2 months".
IMF talks on Oct 4 for release of $1b tranche | The Express Tribune
Successful negotiations would facilitate immediate disbursements of $1b by the global money lender
tribune.com.pk
arifkarim
Prime Minister (20k+ posts)
Both of which causes shortness of dollars
Yes he said Pathetic and said i will now focus on Start ups and FDI is RIP now he said officially.
arifkarim
Prime Minister (20k+ posts)
He is right. Removing Hafeez Sheikh was a blunder. He massively improved exports during PPP
It means budget 2021-2022 already flopped and consider it fake already?
arifkarim
Prime Minister (20k+ posts)
Of course
Mini budget in November?
Masud Rajaa
Siasat member
INSHALLAH
