POLITICS & POLICY Pakistan can manage financial crisis without IMF: Asad

[Yankee-stani]

ISLAMABAD: Finance Minister Asad Umar has said that Pakistan can manage its financial crisis and improve the economy without approaching International Monetary Fund (IMF) for loan.

Talking to a private news channel, he said the Saudi financial package for Pakistan is unconditional and on minimum interest rate of three percent.

He said there was a huge increase in country’s exports volume last month. Responding to a question, he said the government would not increase prices of electricity and gas for low-income people.





Copyright PPI (Pakistan Press International), 2019

 

[Skull and Bones]

I have no reason to not to believe this guy.

https://www.thenews.com.pk/latest/401738-no-economic-crisis-in-country-says-asad-umar

 

[nahtanbob]

I have no reason to not to believe this guy.

https://www.thenews.com.pk/latest/401738-no-economic-crisis-in-country-says-asad-umar

he cannot sound the alarm in public unless he wants an economic collapse

 

[Yaseen1]

Living in foolsparadise and delusions will not be solution to problems unless he has complete economic plan as alternative to imf

 

[nahtanbob]

Living in foolsparadise and delusions will not be solution to problems unless he has complete economic plan as alternative to imf

to be fair someone or he is working hard on friendly states even though I do not believe the claims of unconditional aid

 

[Yaseen1]

to be fair someone or he is working hard on friendly states even though I do not believe the claims of unconditional aid

Economy not work on doubts and ambiguoty about govt policy stock market already lost 50billion valuation in first four months of govt mainly due to govt policy is not clear and investor confidence has damaged

 

[nahtanbob]

Economy not work on doubts and ambiguoty about govt policy stock market already lost 50billion valuation in first four months of govt mainly due to govt policy is not clear and investor confidence has damaged

i am sure all the crackdowns on corruption does not help. government needs to carefully evaluate how far they want to go

 

[AZ1]

Economy not work on doubts and ambiguoty about govt policy stock market already lost 50billion valuation in first four months of govt mainly due to govt policy is not clear and investor confidence has damaged

Yeah thats why export increase, import decrease and decifit shrinks.

https://tribune.com.pk/story/1885631/2-trade-deficit-shrinks-5-16-8b-imports-go/


Hater can see only hate and talk nonsense yet manage to not go to IMF when $40 billion loans has been taken by PMLN govt.

ISLAMABAD - The Pakistan Muslim League-Nawaz (PML-N) government has broken all previous records of taking foreign loans, as it borrowed $40 billion from external sources during its four and half years tenure.

https://nation.com.pk/26-Dec-2017/government-got-record-40b-loans

PML-N govt took record loans that will take generations to pay, Senate

PML-N government adds to country's indebtedness | Business Recorder

 

[Max]

He is confused so does economy of Pakistan. If you are not going to IMF then address media and tell them your future plans instead of addressing chosen people.

 

[Yaseen1]

deficit decrease due to fall in international oil prices and not mainly due to increase in exports .Also economy is in slowdown and economic activity has decreased

Yeah thats why export increase, import decrease and decifit shrinks.

https://tribune.com.pk/story/1885631/2-trade-deficit-shrinks-5-16-8b-imports-go/


Hater can see only hate and talk nonsense yet manage to not go to IMF when $40 billion loans has been taken by PMLN govt.

ISLAMABAD - The Pakistan Muslim League-Nawaz (PML-N) government has broken all previous records of taking foreign loans, as it borrowed $40 billion from external sources during its four and half years tenure.

https://nation.com.pk/26-Dec-2017/government-got-record-40b-loans

PML-N govt took record loans that will take generations to pay, Senate

PML-N government adds to country's indebtedness | Business Recorder

 

[AZ1]

deficit decrease due to fall in international oil prices and not mainly due to increase in exports .Also economy is in slowdown and economic activity has decreased

Please share something rather than just words.


Pakistan trade deficit narrows in July-December 2018

https://in.reuters.com/article/pakistan-tradefigures-idINKCN1P42GF

When good thing happens its by nature and not by PTI but when paying back loans of old govt doing its PTI fault? Do you know the definition of hypocrates?

 

[Yaseen1]

one main quality of good leader is that he takes responsibility for what is happening under his leadership instead of blaming what wrong happened in past if leaders not take responsibility and continue to blame all their mistakes on others they will become failed leaders

Please share something rather than just words.


Pakistan trade deficit narrows in July-December 2018

https://in.reuters.com/article/pakistan-tradefigures-idINKCN1P42GF

When good thing happens its by nature and not by PTI but when paying back loans of old govt doing its PTI fault? Do you know the definition of hypocrates?

 

[AZ1]

one main quality of good leader is that he takes responsibility for what is happening under his leadership instead of blaming what wrong happened in past if leaders not take responsibility and continue to blame all their mistakes on others they will become failed leaders

Hahaha wow so if nawaz and zardari loot the country current leader Imran khan should be held responsible for them because he is current leader?

What currently Imran has done is posted above. I have not posted UAE, Saudia relationship to Pakistan due to Imran khan and upcoming oil refinery agreement which will handle 2lac+ barrel capacity which is huge. $10 billion of investment.
Please do enlighten me if any previous govt has brought such investment in span of 4-5 month after came in power.

Yet you have not given any link just words on economy.

So far its all payment back of loans that previous govt has taken and yet you held responsible PTI & Imran khan.

Just after they came in power they have to arrange $9 billions and that is just payback



ISLAMABAD - Pakistan’s overallexternal debt servicing obligation would be $9.3 billion in the current fiscal year.

https://timesofislamabad.com/21-Aug-2018/how-much-loans-pti-government-has-to-repay-in-fy-2018-19


Just listen to this

I have.no hope that this wi open your eyes but if this doesnt then I think nothing will.

 

[Yaseen1]

joblessness has increased due to economic slow down.stock market has lost 50 billion of valuation in their first 4 months due to their bad policies and investor confidence has decreased this is their achievement so far lets wait and see what they do in next two years and whether there is reality in their claims of huge foreign investments or not

Hahaha wow so if nawaz and zardari loot the country current leader Imran khan should be held responsible for them because he is current leader?

What currently Imran has done is posted above. I have not posted UAE, Saudia relationship to Pakistan due to Imran khan and upcoming oil refinery agreement which will handle 2lac+ barrel capacity which is huge. $10 billion of investment.
Please do enlighten me if any previous govt has brought such investment in span of 4-5 month after came in power.

Yet you have not given any link just words on economy.

So far its all payment back of loans that previous govt has taken and yet you held responsible PTI & Imran khan.

Just after they came in power they have to arrange $9 billions and that is just payback



ISLAMABAD - Pakistan’s overallexternal debt servicing obligation would be $9.3 billion in the current fiscal year.

https://timesofislamabad.com/21-Aug-2018/how-much-loans-pti-government-has-to-repay-in-fy-2018-19


Just listen to this

I have.no hope that this wi open your eyes but if this doesnt then I think nothing will.

 

[AZ1]

joblessness has increased due to economic slow down.stock market has lost 50 billion of valuation in their first 4 months due to their bad policies and investor confidence has decreased this is their achievement so far lets wait and see what they do in next two years and whether there is reality in their claims of huge foreign investments or not

See after all I have posted you are still stuck where you were.

After careem and uber launch I dont think anyone having job problem if anyone want to earn as they hire everyone even bikers. Besides jobs in Pakistan other country also giving jobs
Qatar urged to fulfil 100,000 jobs promise



$10 billion investment coming to you country as oil refinery in 4-5 months.

Share the link which says about investor confidence otherwise $10 billion investment is the reflection. Exxon mobil searching for oil is another investment.

What else you want? As i said hater cant see anything beyond their hate.
Enjoy propaganda.