State Bank publishes annual report: All the targets are missed

kakajee

Minister (2k+ posts)
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http://www.sbp.org.pk/Reports/Annual/arFY15/Anul-index-eng-15.htm
 

kakajee

Minister (2k+ posts)
Re: State Bank publishes annual report: All the targets were missed

Even with fudged numbers they could not do any better.

Meanwhile Patwarais

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Pak1stani

Prime Minister (20k+ posts)
Re: State Bank publishes annual report: All the targets were missed

yes you are right and my post is not intended to merge this thread with the other one.




That was only one issue. This is SBP annual report.

MODS, PLZ DONT DELETE OR MERGE THE THREAD. ITS SEPARATE
 

صحرائی

Chief Minister (5k+ posts)
Re: State Bank publishes annual report: All the targets were missed

کاکا جی کچھ اندر سے بھی پڑھا کرو ، بس سوشل میڈیا سے تصویر اٹھا کر لگا دینا اور حکومت کے خلاف تھریڈ بنانے کی جلدی ہوتی ہے


1.1 Overview

While emerging economies are facing slower economic growth, Pakistan’s economy did reasonablywell in FY15.1 GDP growth posted a marginal increase over last year, whereas key macroeconomicindicators, like inflation, fiscal balance and current account balance, recorded improvements (Table1.1).

Particularly, the external sector has becomemore stable on account of a robust growth inworker remittances; continued support fromIFIs; and a sharp decline in global oil prices.The country’s FX reserves have reached an alltimehigh level of US$ 18.7 billion, which canfinance over 5 months of the country’s importbill.2 This improvement in the external sectorwas critical in maintaining exchange ratestability during the year, and also in dilutingglobal risk perception for Pakistan.


http://www.sbp.org.pk/Reports/Annual/arFY15/Overview.pdf




That was only one issue. This is SBP annual report.

MODS, PLZ DONT DELETE OR MERGE THE THREAD. ITS SEPARATE

yes you are right and my post is not intended to merge this thread with the other one.
 
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kakajee

Minister (2k+ posts)
Re: State Bank publishes annual report: All the targets were missed

Very quick postmortem of your post:

1). Remittance
2). Oil prices
3). Borrowed money to increase reserves.


Do Remittance and oil price reduction have anything to do with the government performance? Absolutely NOT. Pakistanis will continue to send the remittances from abroad to help feed their families. Oil prices, again an international game. Despite of being at 10 years low at 35 $, they are still high in Pakistan.

And regarding reserves, I give you a loan of 10 $. so you start boosting as your your hard earned money and consider it as your capital. Do you seriously think that you have 10$?

Well you can, if you have no intentions to give them back or want to simply pass on the debt to your next generations. Does it make you rich?
 

Pak1stani

Prime Minister (20k+ posts)
Re: State Bank publishes annual report: All the targets were missed

compare pakistan growth with other south asian countries. India Bangladesh Sri Lanka, Maldives Nepal.

And what you say about Govt. missing all growth targets mentioned in the report?



CV8FC4LWsAAE5xW.png

کاکا جی کچھ اندر سے بھی پڑھا کرو ، بس سوشل میڈیا سے تصویر اٹھا کر لگا دینا اور حکومت کے خلاف تھریڈ بنانے کی جلدی ہوتی ہے


1.1 Overview

While emerging economies are facing slower economic growth, Pakistan’s economy did reasonablywell in FY15.1 GDP growth posted a marginal increase over last year, whereas key macroeconomicindicators, like inflation, fiscal balance and current account balance, recorded improvements (Table1.1).

Particularly, the external sector has becomemore stable on account of a robust growth inworker remittances; continued support fromIFIs; and a sharp decline in global oil prices.The country’s FX reserves have reached an alltimehigh level of US$ 18.7 billion, which canfinance over 5 months of the country’s importbill.2 This improvement in the external sectorwas critical in maintaining exchange ratestability during the year, and also in dilutingglobal risk perception for Pakistan.


http://www.sbp.org.pk/Reports/Annual/arFY15/Overview.pdf
 

arafay

Chief Minister (5k+ posts)
Re: State Bank publishes annual report: All the targets were missed

Very quick postmortem of your post:

1). Remittance
2). Oil prices
3). Borrowed money to increase reserves.


Do Remittance and oil price reduction have anything to do with the government performance? Absolutely NOT. Pakistanis will continue to send the remittances from abroad to help feed their families. Oil prices, again an international game. Despite of being at 10 years low at 35 $, they are still high in Pakistan.

And regarding reserves, I give you a loan of 10 $. so you start boosting as your your hard earned money and consider it as your capital. Do you seriously think that you have 10$?

Well you can, if you have no intentions to give them back or want to simply pass on the debt to your next generations. Does it make you rich?

patwario ko itni lambi angrezi samaj nahi ati. is wakt pakistan buht delicate position me ha. jab bhi oil price uper gai pakistan ka diwalia nikal jaye ga.

foreign exchanged saved with low oil prices has been balanced by declining exports and interest payments on expensive short term loans. This means that when eventually oil prices return to $80-100, pakistan could go bankrupt if exports don't bounce back.
 

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