Top Tweets for #Paknomics
Wrong question.
Terrorist did not “enter” in Pakistan but “created” in Pakistan.
Till the time you keep asking wrong questions, the economy can’t be revived in Pakistan 🇵🇰
#Paknomics
#PakistanEconomy
Very Alarming: Media & The Prime Minister is asking how the terrorist entered the police line in Peshawar.
Question should be: How the terrorist entered Pakistan!
Was it okay if it happened somewhere else? What a sad state of identifying problem
Should identify problem rightly
#Paknomics
🇵🇰 #SBP states a decline in foreign exchange reserve to $4.3 Billions in weekly report.
It includes payment of $1 Billion to UAE and Chinese banks.
Jan - 2022 - $16.6 B
Jan - 2023 - $4.3 B (still 3 weeks left)
Drop of $12.3 Billions in a year.
@shamsulislamkha
#Paknomics
Foreign direct investment in #Pakistan 🇵🇰 decreased by 52% to $348 millions in first 4 months of fiscal year 2022 (July-Oct) vs $727 in last year same months.
#Pak has to pay $1 billion against bonds maturing on Dec 5th.
Big trouble for Pakistan.
#Paknomics
1 USD = 240 PKR
1 USD = 80 INR
i.e.
1 Indian Rupee = 3 Pakistani Rupee
Also, Indian Foreign reserve (around $600B) = More than 65 TIMES of Pakistan Foreign reserves (around $9B)
#Paknomics 🇵🇰
1) More than 300 textile mills closed in Pakistan due to gas shortage.
Loss of more than $1 billion in exports has already been incurred because of it.
2) SBP had increased interest rate by 125 basis points to 15%, making loans costlier, impacting exports further
#Paknomics
Pakistani 🇵🇰Banks have run out of dollars and are now borrowing from various sources, including their own depositors, to make trade related payments for their clients.
#Paknomics
#Pakistan cuts occupied #Kashmir & #GB budget by 50% to $112 MN. The PoK administration decides to not present the budget to the public.
In contrast Indian govt allocated $14.5 BN in budgetary allocations to UT Jammu & Kashmir for 2022-23.
#Paknomics
Pakistan’s forex reserve dipped by $500 millions in a week. Now, at level of $9.2 Billions.
#Paknomics
Can somebody plz confirm if Pakistan imports any medicine from India?
If so, will Pakistanis boycott the Indian medicines also while running #BoycottIndianProducts campaign?
Is paar ya us paar !!
#Paknomics
“My advice to the government is to beg, borrow or steal (dollars) to stabilise the economy and external sector (as quickly as it can), and then move towards rapid growth." - Mian Mansha.
“Steal” is the key here!
#OverseasPakistanis need to be careful of their #RDA
#Paknomics
Big news -
Moody’s, a global credit rating agency, downgrades Pakistan's outlook from Stable to Negative after delay in IMF deal.
This simply means more expensive loans for 🇵🇰 in future, higher rates to trade, more interest payments & difficulties to get loans!
#Paknomics
Few data points on Pakistan economy as of May 29th, 2022:
@81ShahbazRana @shazbkhanzdaGEO
@Pakistanomy
Pakistani govt and @CMShehbaz having hard time by
IM-f
&
IM-ran
😜😜
#Paknomics
#longmarch
#IslamabadLongMarch
#Paknomics
Pak’s Islamabad-Tehran-Istanbul freight train carrying goods started in early March and is yet to reach Istanbul
This is happening when they r trying to get $$ by increasing exports.
Pathetic condition of Pak railways and administration
@Pakistanomy
@81ShahbazRana
#Paknomics
India’s GST collection for April (1st month of this financial year) is 1.68 Lakh crores INR which is 1680 Billions INR. This is equal to PKR 4210 Billions.
Pakistan’s FBR has collected PKR 4860 billions in taxes in 10 months of current financial year!!
@Pakistanomy
#Paknomics
With falling reserves ($10.55 B) and increasing deficits (CAD & Fiscal), rejecting #OgraSummary by @CMShehbaz will put more burden on #Pakeconomy
All eyes on Saudi trip now to get a package of $7.4B to avoid balance of payment crisis.
@Pakistanomy
@81ShahbazRana
Stock market to gain at least 500
Points tomorrow. #Paknomics
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