Pakistan reserves decrease $591 mln to $7,457.3

[KhalaiMakhlooq]

Its because you spend more than you earn. Because you run a huge trade deficit. Your trade deficit with Iron brother alone is more than 15 billion dollars. You don't produce anything worthwhile to export. You have no manufacturing base. You, like Venezuela are an import dependent company. After some time, you are prone to approaching Ummah, Iron Brother and IMF for a lifeline. Its an addiction you need to work upon.

Trade deficit would be accounted for on the balance of trade, commercial balance, or net exports, is the difference between the monetary value of a nation's exports and imports over a certain period. Sometimes a distinction is made between a balance of trade for goods versus one for services.

Foreign currency reserves can be affected by trade amongst many reasons, but your view is too simplistic to infer that what you say is the reason for the fall in foreign currency holdings. You are dealing with macroeconomics, not 1+1=2.

 

[Novice09]

Damn, we need to open a few call centres to give the clowns from next door to do something with their worthless lives.
One wonders why the so called supa pawa still needs aid from donors.

India Receives Billions in Aid from Japan to Revitalize the Northeast
https://www.irinsider.org/south-asi...in-aid-from-japan-to-revitalize-the-northeast

It is not your fault... people over here have tough time in understanding LOAN, INVESTMENT, AID, GRANT etc... these financial terms are really INSANE...

ODA Loans and grants are different things... we repay these loans without begging in front of RSA, CHINA OR WORLD BANK...

 

[KhalaiMakhlooq]

ODA Loans and grants are different things... we repay these loans without begging in front of RSA, CHINA OR WORLD BANK...

Are you sure about that?

India largest recipient of World Bank loans for last 70 years

https://www.business-standard.com/a...-bank-loans-over-70-years-116011300637_1.html

 

[Novice09]

Are you sure about that?

India largest recipient of World Bank loans for last 70 years

https://www.business-standard.com/a...-bank-loans-over-70-years-116011300637_1.html

Yes, we repay these loans...

 

[KhalaiMakhlooq]

Yes, we repay these loans...

Yes, your comment

It is not your fault... people over here have tough time in understanding LOAN, INVESTMENT, AID, GRANT etc... these financial terms are really INSANE...
- don't care where money comes from

ODA Loans and grants are different things... we repay these loans without begging in front of RSA, CHINA OR WORLD BANK...
- when can't pay it back, go beg the banks

 

[kris]

Where " AXACTly" such call centers will be situated to acomodate guys next door?

Hope and pray such plans work for your country and lift your sagging forex reserves

Sagging like what exactly??

 

[SunilM]

You can imagine them celebrating the loan of 3 billion dollars by UAE. Once you start celebrating taking loans, then its akin to addiction to khairaat!

 

[Novice09]

Yes, your comment

It is not your fault... people over here have tough time in understanding LOAN, INVESTMENT, AID, GRANT etc... these financial terms are really INSANE...
- don't care where money comes from

ODA Loans and grants are different things... we repay these loans without begging in front of RSA, CHINA OR WORLD BANK...
- when can't pay it back, go beg the banks

You are really upset because of taking bailout after bailout...
There is a difference between BAILOUT and LOAN too...

Do you really understand the reason why there are DEVELOPED, DEVELOPING and Least DEVELOPED countries...

When your income is not enough to start or expand your business... you take LOAN to do that... if you can easily payoff that loan... no issue...

 

[enquencher]

You can imagine them celebrating the loan of 3 billion dollars by UAE. Once you start celebrating taking loans, then its akin to addiction to khairaat!

Last 72 years have passed on loans generations have survived on loans.now taking n getting loan is celebrated without shame..where is all this heading...a recipie for disaster.

 

[KhalaiMakhlooq]

Do you really understand the reason why there are DEVELOPED, DEVELOPING and Least DEVELOPED countries...

Tell me whats the economic growth rate of an industrialised nation? theoretically.

 

[SunilM]

Last 72 years have passed on loans generations have survived on loans.now taking n getting loan is celebrated without shame..where is all this heading...a recipie for disaster.

And its done so shamelessly. Press conferences are held and credit is taken for taking huge loans.

 

[enquencher]

And its done so shamelessly. Press conferences are held and credit is taken for taking huge loans.

Lak lak vadaiyaa...hame loan mila hai.

 

[Fawadqasim1]

nope, dont want any competition in backyard.


its over 100 days for Pakistan under new PM and you guys are still facing this same problem from the first day of him becoming a pm.

why hes not doing anything ?

So all these financial problems were created
In the last 100 days?

 

[Laozi]

Tell me whats the economic growth rate of an industrialised nation? theoretically.

Their economic growth rate exceeds their inflation rate. And per capita GDP is on a very high side wrt to developing nations.

 

[KhalaiMakhlooq]

Their economic growth rate exceeds their inflation rate. And per capita GDP is on a very high side wrt to developing nations.

Growth is only when going from 'Industrialising' to 'Industrialised'. When a country reaches 'Industrialised' status, the GDP growth rate should be zero.

The reason is the country reaches full utilisation of resources and therefore growth tends to zero.

You can see here for an explanation of how: https://www.weforum.org/agenda/2016...eloped-economies-six-charts-that-explain-why/