January data shows pressure easing

[ziaulislam]

https://i.imgur.com/hlCQr2w.jpg

 

[ziaulislam]

1. Things went bad after 2015-16
2. Due to artificial valuation of rupee and making exports un competitive . the deficit is about 12b$
3. Imports
These can easily be repaced with some investment
petro products 6b$(need a refinery)
Metals about 3b$
Fertilizer 0.8b$(if we just impot gas)
Food 6b$

 

[Hakikat ve Hikmet]

And, it's only January.....

A moth eaten IK is better than no IK....

 

[Verve]

1. Things went bad after 2015-16
2. Due to artificial valuation of rupee and making exports un competitive . the deficit is about 12b$
3. Imports
These can easily be repaced with some investment
petro products 6b$(need a refinery)
Metals about 3b$
Fertilizer 0.8b$(if we just impot gas)
Food 6b$

These are grim figures ... this is what the 'experienced' team did!! Nearly everything in double digits YoY.

FY19 FY18 YoY +/-
Food 5,417,010.00 5,501,979.00 2%
Machinery 7,410,222.00 8,785,263.00 16%
Transport 2,643,281.00 3,206,474.00 18%
Petroleum 10,606,793.00 13,263,025.00 20%
Textile 3,589,143.00 4,091,127.00 12%
Argi 7,122,838.00 8,314,846.00 14%
Metal 3,673,599.00 4,785,045.00 23%
Misc 1,195,983.00 1,255,552.00 5%

 

[ziaulislam]

These are grim figures ... this is what the 'experienced' team did!! Nearly everything in double digits YoY.

FY19 FY18 YoY +/-
Food 5,417,010.00 5,501,979.00 2%
Machinery 7,410,222.00 8,785,263.00 16%
Transport 2,643,281.00 3,206,474.00 18%
Petroleum 10,606,793.00 13,263,025.00 20%
Textile 3,589,143.00 4,091,127.00 12%
Argi 7,122,838.00 8,314,846.00 14%
Metal 3,673,599.00 4,785,045.00 23%
Misc 1,195,983.00 1,255,552.00 5%

imports have dropped for FY19
these figures are FY18-FY17

i assume you understand simple graphics

secondly nothing can be done acutely in 2- years to change these figures however, planning should be visible, and it is,

1. exports are being given priority and subsidy,
2. oil refinery
3. and edible oil policy is out,
4. textiles going up is not a bad thing as its a raw material for export neither is machinery,
5. we saw subsidy for agriculture fertilizer production rather than pure imports
6. and transport sector automobile companies are coming
7. steel mills and PIA both important source of dollars following out are being looked at..

to balance the books it might take 3-4 years or even more but trend should be visible in next 6-12 months

 

[Verve]

imports have dropped for FY19
these figures are FY18-FY17

i assume you understand simple graphics

secondly nothing can be done acutely in 2- years to change these figures however, planning should be visible, and it is,

1. exports are being given priority and subsidy,
2. oil refinery
3. and edible oil policy is out,
4. textiles going up is not a bad thing as its a raw material for export neither is machinery,
5. we saw subsidy for agriculture fertilizer production rather than pure imports
6. and transport sector automobile companies are coming
7. steel mills and PIA both important source of dollars following out are being looked at..

to balance the books it might take 3-4 years or even more but trend should be visible in next 6-12 months

yes, simple graphics I can do.

I was just wondering about the YoY analysis from 2008 or even before, and that data graphed against the increase in population and other factors such as poverty. But data from the post 2008 governments is shady to say the least.

 

[Baby Leone]

what a shame a big country like us cant even supports imports of mere 50 billion dollars and still the shameless govt instead of talking about increasing exports taking pride in curbing imports that too in major power sector

seems like still we dont have a perfect person who understands Pakistan economy very well and dont know what to do.