Pakistan's Currency at Record Low

Abhinav

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Government of Pakistan last week reached a preliminary agreement with the IMF for $6 billion bailout. After that move Pakistan’s currency has reached a new all-time low against the dollar. The currency dropped to 146 against US Dollar.

Pakistan is facing major economic challenges, with declining foreign exchange reserves, diminishing growth and increasing trade deficit.

Pakistan’s currency reaches all-time low against U.S. dollar
 
They waste so money on their military. Despite sharing their borders with peace-loving countries like India and Afghanistan. Same will be our fate. If we keep on wasting our money on statues and bullet trains. Let's learn from this and invested our money in airline companies. Rather than useless projects like bullet train.
 
They waste so money on their military. Despite sharing their borders with peace-loving countries like India and Afghanistan. Same will be our fate. If we keep on wasting our money on statues and bullet trains. Let's learn from this and invested our money in airline companies. Rather than useless projects like bullet train.
Absolutely, our government is also prioritizing Military over essential things like Education
 
Currency devaluation is not bad as it seems as long as you keep import checked, it helps boost export hugely thus helps increasing manufacturing and GDP. Look at Korea 1,192.50 South Korean won = 1USD.
 
Overspending in military :biggrin::biggrin: What to do when someone attacks India( two hostile neighbors) ? Show them your other cheek like the coward Gandhi to get slapped? We are the followers of Udham Singh if you mess with us, we will come to your house and make sure you think next time before doing something stupid. Gandhi's followers are free to show their cheeks or bend over whatever suits them best. :cautious:
 
Overspending in military :biggrin::biggrin: What to do when someone attacks India( two hostile neighbors) ? Show them your other cheek like the coward Gandhi to get slapped? We are the followers of Udham Singh if you mess with us, we will come to your house and make sure you think next time before doing something stupid. Gandhi's followers are free to show their cheeks or bend over whatever suits them best. :cautious:
War can be prevented by "Diplomacy" Government is decreasing education Budget instead of increasing. Is war more important that Education? Sword is Stronger than Pen :unsure:

Education spending was 4.4 per cent in 1999 and it has now dropped to this value of 3.5 per cent which means a steady decline in a country that is supposed to be focusing on skilling its labourers to increase growth rate. Budget 2018: Education sector analysis
 
Overspending in military :biggrin::biggrin: What to do when someone attacks India( two hostile neighbors) ? Show them your other cheek like the coward Gandhi to get slapped? We are the followers of Udham Singh if you mess with us, we will come to your house and make sure you think next time before doing something stupid. Gandhi's followers are free to show their cheeks or bend over whatever suits them best. :cautious:

congress should have rejected petition proposal unanimously but Nehru agreed on partition so that congress leaders can become Ministers
 
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