The Insafian - انصافیان

We will discuss News, Economy, and Politics, alongside posting regarding the understanding of the economic factors at play in the Global Economy.

[The Insafian - انصافیان @theinsafian]

After doing business for three years in Pakistan spending tens of millions of dollars, Airlift is about to announce complete shutdown of the ecommerce operations. Fears of Global recession, and drying VC investments are believed to be the reason behind this debacle.
#airlift

[The Insafian - انصافیان @theinsafian]

Middle East back on the geopolitical chessboard as President Putin announces to visit Iran next week. His visit to coincide with President Biden's visit to Saudi Arabia.
#SaudiArabia #Iran #Putin #Biden

[The Insafian - انصافیان @theinsafian]

Pakistani Government has pulled back the Petrol Subsidy which was holding back the IMF deal. As a result petrol prices have jumped to 180/Litre, and IMF is expected to release a tranche of $900Mn out of the total bailout package signed by the previous Government.
🇵🇰⛽️

[The Insafian - انصافیان @theinsafian]

This is sheer extremism and autocratic attitude to suppress women rights. Abortion is effectively banned by the Government and the process for handing out driving licences to females has been scrutinised.
God knows where Turkmenistan 🇹🇲 is headed!

[The Insafian - انصافیان @theinsafian]

Turkmenistan has a new President, Serdar Berdymukhamedov. He took over power from his father Gurbanguly after elections in March 2022. President is young hence people expected him to be a bit more Liberal than his father. However, he seems to be a more obsessed fanatic.

[The Insafian - انصافیان @theinsafian]

The New President is obsessed with micromanaging the lives of his citizens. Police are enforcing these laws very with relish. Raids are carried out to inspect the lips of women for signs of enhancement. Radio Liberty reported that couples were being arrested for holding hands.

[The Insafian - انصافیان @theinsafian]

@sabahbanomalik Pakistan lacks entrepreneurship, the risk taking ability. Its due to many factors like difficult procedures to acquire capital, land, and lack of committed labour, and many more.

[The Insafian - انصافیان @theinsafian]

Pakistan right now:
●Stark Schism due to political differences
●Mendacious Government attitude giving birth to menacing Uncertainty
●Foreign partners have pulled their hand back
●US rising Interest Rates, High Oil prices, and Global Inflation putting a strain on financials

[The Insafian - انصافیان @theinsafian]

Let me coin a new term of the division between Pakistanis in general due to the political drama, "stark schism".

[The Insafian - انصافیان @theinsafian]

@rogueonomist Everyone has to agree on one thing that ARY News for PTI is equal to GEO News for PDM/PMLN

[The Insafian - انصافیان @theinsafian]

@samuraivibe Primarily IMF. Government has to take concrete steps to manage the crisis, like devaluation of the currency, debt restructuring, and implementing economic austerity measures.

[The Insafian - انصافیان @theinsafian]

@samuraivibe Default occurs when a country pulls back from its financial obligations. When a country defaults on its Sovereign Debt, then only International Financial Institutions come to rescue....

[The Insafian - انصافیان @theinsafian]

Pakistan is not necessarily in a bad position financially or economically. The problem is uncertainty. Government is not ready to take tough decisions which will eventually restore the investor confidence. The uncertainty is killing the economy.
Wake Up!
#Pakistan #imrankhanPTI

[The Insafian - انصافیان @theinsafian]

Pakistan is at very dangerous stage right now. The country is divided and the Government is paying no heed to the grievances of people. Petrol Suppliers have announced that they will not supply fuel under these security arrangements.
Worrisome Situation!

[The Insafian - انصافیان @theinsafian]

...ballooned the foreign debt of Pakistan.
Devaluation of Currency is often a good policy to reduce the Trade Deficit of the country, however the Marshall-Lener Condition is the important metric the determines the result.

[The Insafian - انصافیان @theinsafian]

A very interesting thread 🧵on the understanding of the Marshall Leaner Condition.
⬇️⬇️

[The Insafian - انصافیان @theinsafian]

The exports which stood at $30Bn in 2018 only increased marginally to $35Bn in 2021.
This shows that the policymakers did not take into account the Marshall-Lener Condition while making their plans. The policy has not only eroded the savings of Pakistanis, but has also...