Discover and read the best of Twitter Threads about #Euro5

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1. Ref. news based on the opinions/views expressed at a virtual moot organized by Think Tank at Islamabad Policy Institute attributing Govt's move to import Euro V Standard Fuel as 'premature decision', is strongly rebutted by this Division.

#PetroleumDivision #Euro5 Image
2. The main argument was built about burden on the local consumers is incorrect. In view of PSO's tender results for Euro-V,prices either equal/even ⬇️ thn Euro-II petrol prices. Therefore, no huge financial impact on public or any -tive effect on balance of payment is expected.
3. As regards absence of Euro-V compliant engines, it must be known be tht less sulfur+additives allows older engines to operate efficiently, will ensure better performance by vehicles. The relevant stakeholders in the automobile sector have also admired the GoP decision
Read 5 tweets
THREAD: UBERMISPRICERS.
Why the long love affair between governments and mispricing is not only likely to go on, but it could go wild, especially in the #EU. (1/13) @BaldingsWorld @Trinhnomics @DavidBCollum @amlivemon @Halsrethink @eshow1969 @nglinsman @DukeMarcude @galietti82
During this loooong #Lockdown, there are a number of wild barking dogs, but a considerable number did not bark, or didn't show up at all. Governments reasserted supremacy. Central bankers turbocharged their spigots. BUT, no consideration has been given to price discovery.(2/13)
If anything the fact that the response so far has been monetary, and through banks and stabilization of financial markets, belies that the love between governments and its chief mispricer, the Central Bank, is stronger than ever. Financial markets are more than suspect. (3/13)
Read 13 tweets

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