AJ Profile picture
16 Apr, 6 tweets, 1 min read
Our Meeting with Pm chairing along with Hammad Azhar & Shaukat Tareen was in regards to Economic Approach Insafians have been showing their concerns about. It was Gracious of Prime Minister to heed the concerns erupted after ST’s appearance on Talk Shows.
Even more so by ST to take the heat,he was the first one to walk in & the last one to walk out.

Regarding interview,said it went out of context when he said Economy needed direction,was stated in context of the inception of the state,reiterated his support for SBP independence
Pm & ST both assured continuation of Economic Policy this Govt adopted to address external imbalances. ST supports the idea of Growth only within the academic context & not as of a political approach that might land Pak back into BoP crisis.
Hammad Azhar is an emerging star & would always be an integral part of Decision Makings, ST said, assured to work within the domain of Finance Ministry dealing with fiscal policy along with raising Investment to GDP ratio to promote Revenue Collection.
Agrees with Circular Debt placing Pak in Catch 22 situation as well as raising electricity base tariff could spike inflation, which he thinks he can deal with by seeking help from Chinese IPPs by requesting to review PPA’s.

He’s Appointed by the Pm & Pm owns his decisions.
Concerns shown by Insafians over his appointment reflect the ownership we insafians take in Our Party & The Government,purely cos we all want Pm to succeed. We wish our Country an emerging economy after having to deal with the worse Economic Crisis.

We want Pti to Succeed.

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More from @AhmedWJanjua

18 Apr
Unfair criticism being drawn towards Pti for going hard on TLP by taking action to establish writ of the State compared to Pti Supporting TLP Dharna in 2017.

Thread
Critics blaming Pti for supporting TLP to gain political strength when in opposition.
Pti is now being blamed to challenge miscreants from same organisation while being in power because it doesn’t Suit Pti,which is NOT true.

TLP Dharna in 2017 was a response from various religious & political parties including Pti,PPP & JI, to National Reform Act 2017.
Pmln had re-elected ousted Pm Nawaz Sharif as president of the party, day after the National Assembly passed the Election Reform Bill 2017.

The bill contained a controversial clause that allowed politicians disqualified from holding public office to lead political parties.
Read 18 tweets
16 Apr
عمران خان نے سکھر میں 14 اضلاع کا پیکج اناؤنس کیا جس میں ایک جزیرے پر بات کی "کراچی میں ایک جزیرہ ہے جو کہ ایسے ہی پڑا ہوا ہے" جس پر ہمارے ملک کے ایک طبقے نے عمران خان کو ٹرول کرنا شروع کردیا-

سندھ حکومت 18 ویں ترمیم کی آڑ میں کس طرح انا میں پاکستان اور سندھ کا نقصان کررہی ہے-
کراچی انڈس ڈیلٹا میں 2 دریا اور پورٹ قاسم کے درمیان 2 جزیرے ہیں جن میں سے ایک کا نام "بُدو جزیرہ" دوسرے کا نام "بَنڈل جزیرہ" ہے- ان کو لوکل زبان میں "بَنڈر اور ڈینگی" جزیرہ بھی کہتے ہیں- ڈیفنس فیز 8 سے اس جزیرے کا فاصلہ صرف 1.5 کلومیٹر ہے- ٹوٹل ایریا تقریبا 12 ہزار ایکڑ ہے
گورنمنٹ ان جزیروں پر دبئی، شرم الشیخ اور نیوم شہر جیسے شہر تعمیر کرنا چاہتی ہے ، تعمیر کے لیئے پرایئویٹ انویسٹمینٹ کو لایا جائے گا- پورا شہز بسایا جائے گا جس میں بلڈنگز، جن میں کلبز، ہوٹلز، ریسٹورینٹس، تجارتی منڈیاں، سیورج سسٹم، ہاربر مارکیٹس، فش پراسسنگ پلانٹس۔۔
Read 15 tweets
22 Mar
Former CJ SC Iftikhar Choudhry appointed Qazi Essa straight out of nowhere from a simple Lawyer in Quetta as the Chief Justice of Baluchistan High Court without being a judge for even a single day.
Former President Aasif Ali Zardari issued the notification of appointment of Qazi Faez Issa Wednesday upon the recommendation of Chief Justice of Pakistan Iftikhar Muhammad Chaudhry

google.com.pk/amp/s/nation.c…
Unheard of anywhere. Iftikhar Ch did this in his famous shuffle of PCO judges where he dismissed all the judges of Baluchistan high court including its Chief Justice.

google.com.pk/amp/s/timesofi…
Read 18 tweets
6 Dec 20
Our refineries are not deep conversion which can distillate heavy crude into lighter products so FO being the residual product of crude oil will continue to be produced unless the existing oil refineries invest into existing setup to upgrade their refineries.
30-40% FO produced in the county is sellable to parallel market which are not IPPs and remaining 60-70% production which is around 150KT may not be consumable due to its high price and not meeting the merit order for power sector and thus should be exported.
Export Price would be very low in international market so the refineries likely to take the hit of price differential in orde to keep their refineries running and producing lighter products.
Read 4 tweets
5 Dec 20
Dear @shazbkhanzdaGEO you’re once again confusing the mechanism & this time with LNG Pricing Index,You’ve been more likely busy googling JKM forward curve modelling/ Pricing Slope esp for long term contacts & definitely not applicable in our case.
@shazbkhanzdaGEO you prolly find linking natural gas to crude oil “fabricated” However, nearly three-quarters of all the world’s LNG trade is tied to oil prices & not the %. Image
Unlike Oil, the global gas trade has no single benchmark to unify it like Brent. The market has grown more liquid over time as more LNG producers, large commodity traders have gotten more involved,led to more short-term and spot buying with gas hub-linked prices almost everywhere
Read 9 tweets
4 Dec 20
Dear @shazbkhanzdaGEO giving fact is not character assassination,playing victim card on a hypothesis would get woke club attention but that’s about it.
Your calculations on losses are purely hypothetical claiming,had The Govt imported LNG in time,there would be no loss of 122 Bn
But you fail to understand Our LNG terminals (one runs full capacity & other close to full) are operational.

The government has been striving to boost gas supply by incentivising indigenous production with other efforts to import gas by pipeline and as LNG.
However, OGRA predicts an inexorable decline in indigenous production, from 3.3bn ft³/d in FY2018 to 1.7bn ft³/d by FY2028. 

LNG projections at arnd 1.2bn ft³/d for FY2020, rising to 1.8bn ft³/d in FY2021 and beyond cos ministry counts LNG projects that have received licences.
Read 13 tweets

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