Thread by @waqas03

Financial Score Card of PTI Government:

(page 1)

PTI had 4 Finance Ministers in 4 years. These FMs failed in all the basic fundamentals of economy. This is not a political post but a statistical analysis of what went wrong & how Pakistan reach the verge of financial default.

1. GDP Growth
PTI crashed the stable Growth of 5% to 2%. This happened pre-covid when intl commodity prices were still low. This happened because @Asad_Umar was not prepared to juggle between loan payments & trade deficit. @ImranKhanPTI pushed him ultimately for @imf_pakistan

2. Import Optimization
Govt had no control of imports. Traders took max benefit of their utter unprofessionalism. Agriculture Pak imported weight upto 1 Billion $ in an year. Example incl Banned CBU units of PM friend @JAfridi10 went for imports for hundreds of millions (MG HS).

3. Trade Balance

The only duty of a FM is to control Trade balance but our average jumped from 20 B $ to 50 billion $. Even after @Asad_Umar & @Hammad_Azhar, PPPs "imported FMs" @shaukat_tarin & @a__hafeezshaikh couldn't do much. They failed to estimate rising commodity prices

4. Current Account
PTI was lucky during covid because all the intl loan payments were rolled over. There was no organic trade & Pak received extra billion $ for covid releif. This was short lived favorite statistics of all PTI supporters. Other then 2020, they failed in this KPI

5. External Debt

Which side is #shaukattarin & @MuzzammilAslam3 actually was when he admitted:

"PTI obtained 76pc, not 80pc, of total debt, admits @shaukat_tarin

6. Inflations /CPI (مہنگائی)

Historic Inflation was recorded in PTI tenure. #PTI put @Shahid_Abbasi_1 to jail for ordering 4 $ LNG & then opened tender for the same at 28 $ in 2022. Yes, they are running power plants on crude & importing wheat & sugar worth Billions of $.

7. Interest Rate
Interest rate at @NawazSharifMNS was as low as 6% with inflation rate at 3%. Honda city prices were reduced from 15.5 lac to 15.1 lac during 2016. The interest rate of 15% is reflective of confused planning of @shaukat_tarin for so called "opening up" of economy.

8. Tax to GDP.
Other then the exorbitated hue & cry, PTI didnt collect better tax to GDP. their reformer @SShabbarZaidi claimed big but then run away for several weeks due to "personal issues" & then ultimately became a defector because he knew the #pti bankers will default Pak

9. Exchange Rate
Remember when @Asad_Umar made an hour long speech for 1 Rs pkr depreciation during @MIshaqDar50 tenure. @shaukat_tarin disposed of 5 Bil $ to openmarket & still couldnt control collapse; yes its called performance not "artificial control".

#pti bankers failed Pakistani Middle class.
Video:

#asadumar #crudeoil #gdpgrowth #hafeezsheikh #hammadazhar #inflation #miftahismail #shaukattarin #balanceoftrade #tradedeficit #imf

@MiftahIsmail @MIshaqDar50 @betterpakistan @aikhwaja @MaryamNSharif