As PTI comes onto two years, I felt like making this post on account of seeing multiple people supporting PML-N for having an allegedly better economy for Pakistan, particularly with allegations present that PTI has done nothing for the economy. So here's a short list of some major achievements done by PTI in contrast to PML-N.
Stopping Pakistan from defaulting: The move to devalue the rupee was one done despite knowing the backlash that would be faced. Under Nawaz Sharif the rupee was artificially overvalued through loans and forex reserves, this meant Pakistan had no sustainable way for repaying those massive loans. Imran Khan on the other hand had to approach the IMF due to these overlaying maturing debts, lack of growth in exports under PMLN, decline in Foreign Direct Investment and an ever higher import bill. This was done at the cost of letting the rupee massively devalue against the dollar, however paved the path for economic stability as noted by the IMF.
Renewed focus on taxation: Easily the most controversial facet of the economic policy by PTI, but one that has shown merit and results. Overall, there has been a 40% increase in returns filers and a 17% revenue increase. This coupled with a massive austerity scheme, meant that the government has started an incline towards increasing it's revenues. While this hasn't been met with open arms, it presents a solution to the everpresent crisis that the Pakistan government has faced, in it's inability to increase it's revenues. Not only that, but the general taxation system was streamlined, making it easier for individuals to file taxes. Introductions of new apps and consolidating activities for the FBR were among the efforts as well. Moreover, businesses that were entitled to tax refunds are finally being granted them, under PMLN they were held onto so as to inflate collection numbers, however under PTI that has changed and it's not inflated. It is worth noting, that because of the covid-19 pandemic, the effect of the austerity schemes and feasibility have seriously dampened, and it's created a bigger problem for increasing revenue collection.
It is worth noting, that some may criticise the overall decrease in the account deficit to be a result of the decrease in imports, and the increase in worker remittances, however this was indeed a result of the overall economic impact from the covid-19 pandemic. And that general trends support the notion of exports increasing and the account deficit decreasing in the second quarter of 2019.
Tourism: The reforms and measures taken to facilitate tourism in Pakistan were evidently among the most successful — Pakistan went from being sidelined to being amongst the worlds top destinations to visit. There were multiple reasons for this, the removal of the mandatory NOC, the initiative for online visas for upto 175 countries alongside visa-on-arrival for 50 countries were among the facilitating measures taken for tourism.
Foreign Direct Investment: What can be appreciated is the general reception of Pakistan's economic outlook, where FDI climbed by upto 137% within this fiscal year, gathering upto nearly $2.1 billion. Yet, once again — the pandemic will undoubtedly cause most countries to rethink their economic policies for now, and the overall FDI might see a downward trend with regards to global decrease in FDI. Despite, the increases in FDI are welcomed, especially considering total foreign investment rose 380 percent to $2.375 billion in July-March FY2020. Yet the sustainability of this remains to be seen.
Dealing with covid: Despite all odds, Pakistan has somehow managed to deal well with the pandemic. Coming out relatively alright, in perspective of countries such as India, Mexico, Italy, Brazil etc. The factor that plays out, is that despite being incredibly vulnerable, the country managed to pull through and has markedly reduced the impact of the virus. With regards to the economy, taking a bold risk of abating a complete lockdown, whilst met with criticism was once again a factor that showed competency. Keeping in mind that 51 million Pakistanis lived below the poverty line, and the adverse effect it would have on the economy. Pakistan managed to come through the economic contraction with only a -0.38% growth. Although the full effects are still not abated or understood, what's commendable is the fact that Pakistan under PTI has kept itself from an even worse situation. Whilst managing to keep covid under relative control. Especially given increases in exports despite the pandemic in countries such as Qatar, Saudi Arabia, and Italy.
This is by no means a highly comprehensive list, just my opinion on some of the bigger achievements; saving the economy from defaulting, adopting tax reforms, tourism reforms, export reforms among them whilst managing covid and economic stability with relative success. There are of course a multitude of other factors, successfully avoiding a blacklist from the FATF, macroeconomic reforms, attempts to strengthen the working class; ehsaas programs, Naya Pakistan housing schemes alongside other relief efforts. These are measures in accordance with curtailing the effect of increasing taxation and attempts to abate the economic slowdown that came as a result of forcing an increase in government revenue. Alongside the focus on multiple new hydroelectric dams, industrial cities, reduction of the PM office staff from 552 to 298, 10 billion tree project and an overall renewed interest in renewable energy and green Pakistan. The list is comprehensive. Pakistan remains on a rocky path, it is not out of the woods yet. Covid-19 has seriously hampered the overall projections, and caused a worldwide economic contraction. Not only that, but there are criticisms that can be attributed to the government as well, as they are not without fault. However, the overall achievements of the government with regards to the economy do present hope for the long-term fiscal policy and development of Pakistan.
(Note: You can learn about a Killer Forex Strategy “Double Trend Line Principle” here) CHFJPY H4(4 Hours) Chart Analysis – Bullish Trend Pattern, Parabolic Sar, ADX Indicator Looking at the H4 chart we could see that the price which is moving higher has created a bullish trend pattern in the form of three higher highs, higher lows, which we may consider as evidence of bullish pressure. Trendline alert indicator by fitzy the trend line to draw a. Online analysis you can this trading insta forex traders. Trend line strategy, discuss, and automated trendline breakout. Broker regulated for forex trading. In xero. pm forex trading the rate of a channel trading strategies and guide when trading. Representations, describe the main rules and how a workable. Great work has had argued ... Post and discuss the Forex indicators here. World Wide Invest was established in 2009 with a vision: To provide unmatched online trading solutions to a broad range of traders and investors group around the world. The Aroon is a Forex trading technical indicator that measures if there is a trend, how it's developing, and how strong is it. Aroon indicators play with the idea that the trend can be measured by evaluating how recent the previous highest highs and lowest lows were. The recentness of the highest high is reflected in the Aroon's bullish line, while the recentness of the lower lows is reflected ... Opening of deals on the trend will always give the maximum profit and is most suitable for beginners who do not have experience in trading in complex techniques, such as swing trading or countertrend positions. But to say that the main thing to determine the direction of the market and go at the very beginning is simple, but to determine when this moment will come much more difficult. Forex Forum. Forex Indicators (Req) Logical Trendline Indicator. Thread starter stevekong04; Start date Mar 29, 2017; S. stevekong04 New member. Mar 29, 2017 #1 Hi, looking for this, You must be registered for see links . Has anyone got it to share? Thanks. vitalfx Forex Trader. Banned Users. Oct 4, 2017 #2 If anybody has this indicator then please share.... A. Aravind Active member. Oct 5 ... It?s only a helpful tool to trendline trading. In itself, this indicator never gives a perfect entry point, because it depends on your system (indicators, timeframe, instrument)." On the forex market the anybody knows the holygrail not exist, so i never said this. N. neilrickaby Member . Dec 17, 2011 #19 mywid said: Lol, so you claimed that you found the holygrail. If so, Im sure you have made ...
⚠ Danger! Subscribing to this channel will turn you into a stock market expert! 🔥 INSTAGRAM: https://www.instagram.com/theimpeccab... 📚 FREE INVESTING COURSE... ForexMT4Indicators.com is a compilation of free download of forex strategies, forex systems, forex mt4 indicators, forex mt5 indicators, technical analysis and fundamental analysis in forex trading. I Will Show In This Video How To Attach MTF Super Trend Indicator With MT4 And Live Trading -----... Finding trend indicators is easy. Finding GOOD trend indicators is not. In this video, I show you how to narrow this search down to make it much, much easier.... TYP: Freeware TrendLineFr is a modification of the TrendLineD indicator. It draws trendlines by extreme points determined using the standard Fractals indicator. Download MT4 and Start Trading http ... Ready for some TRADING and INVESTING action? https: ... Forex Trend Indicators - How To Find The Good Ones - Duration: 25:14. No Nonsense Forex 360,658 views. 25:14. Price Action Trading: How to ... indicator forex 2014, robot forex 2014, forex tester 2, forex strategy 2014, live forex trading 2014, level 2 forex, forex tester 2 tutorial, forex tester 2 key, forex tester 2 crack, forex tester ...