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Financial Score Card of PTI Government:
(page 1)
PTI had 4 Finance Ministers in 4 years. These FMs failed in all the basic fundamentals of economy. This is not a political post but a statistical analysis of what went wrong & how Pakistan reach the verge of financial default.
(page 1)
PTI had 4 Finance Ministers in 4 years. These FMs failed in all the basic fundamentals of economy. This is not a political post but a statistical analysis of what went wrong & how Pakistan reach the verge of financial default.
1. GDP Growth
PTI crashed the stable Growth of 5% to 2%. This happened pre-covid when intl commodity prices were still low. This happened because @Asad_Umar was not prepared to juggle between loan payments & trade deficit. @ImranKhanPTI pushed him ultimately for @imf_pakistan
PTI crashed the stable Growth of 5% to 2%. This happened pre-covid when intl commodity prices were still low. This happened because @Asad_Umar was not prepared to juggle between loan payments & trade deficit. @ImranKhanPTI pushed him ultimately for @imf_pakistan
2. Import Optimization
Govt had no control of imports. Traders took max benefit of their utter unprofessionalism. Agriculture Pak imported weight upto 1 Billion $ in an year. Example incl Banned CBU units of PM friend @JAfridi10 went for imports for hundreds of millions (MG HS).
Govt had no control of imports. Traders took max benefit of their utter unprofessionalism. Agriculture Pak imported weight upto 1 Billion $ in an year. Example incl Banned CBU units of PM friend @JAfridi10 went for imports for hundreds of millions (MG HS).
?Why #AsadUmar resigned from Finance Ministry
اسد عمر کا استعفی، عمران خان کی پہلی وکٹ گر گئی۔ ویڈیو پارٹ 1
@ImranKhanPTI @Asad_Umar @CMShehbaz
#FinanceMinister #AsadUmar #Khan
اسد عمر کا استعفی، عمران خان کی پہلی وکٹ گر گئی۔ ویڈیو پارٹ 1
@ImranKhanPTI @Asad_Umar @CMShehbaz
#FinanceMinister #AsadUmar #Khan
Why #AsadUmar resigned from Finance Ministry
اسد عمر کا استعفی، عمران خان کی پہلی وکٹ گر گئی۔ ویڈیو پارٹ 2
@ImranKhanPTI @Asad_Umar @CMShehbaz
#FinanceMinister #AsadUmar #Khan
اسد عمر کا استعفی، عمران خان کی پہلی وکٹ گر گئی۔ ویڈیو پارٹ 2
@ImranKhanPTI @Asad_Umar @CMShehbaz
#FinanceMinister #AsadUmar #Khan
Why #AsadUmar resigned from Finance Ministry
اسد عمر کا استعفی، عمران خان کی پہلی وکٹ گر گئی۔ ویڈیو پارٹ 3
@ImranKhanPTI @Asad_Umar @CMShehbaz
#FinanceMinister #AsadUmar #Khan
اسد عمر کا استعفی، عمران خان کی پہلی وکٹ گر گئی۔ ویڈیو پارٹ 3
@ImranKhanPTI @Asad_Umar @CMShehbaz
#FinanceMinister #AsadUmar #Khan
A detailed thread on Pakistan's debt and Foreign exchange reserves. #NayaPakistan is on the way becoming #NayaPaisaPakistan
In August 2018, foreign exchange reserves with the State Bank of Pakistan (SBP) stood at $10bn. Pak borrowed $3bn from SaudiArabia and $2bn from UAE. As of March 8, 2019, foreign exchange reserves with the SBP stood at $8bn. Still they are in talks with IMF to get $12bn more.
By Jan2019, the accumulated stock of circular debt had soared to Rs1.4 trillion. For the record, the PTI govt added Rs260billion in 137 days. The PTI govt is adding Rs2bn a day every day of the year (a few years ago, the same figure was Rs1bn a day). ((Rs is PKR currency))
