Capital Market Assignment 16U00535/A Farhan Siddiq Tahir

Article 1: Of reliance and neglect.

 Current forex crisis of Pakistan’s are rooted in structural weakness. Analysis reveals two
contributing factors.
 Export volumes remain nominal despite percentage growth of structural problems such as
disrupted energy supply to export industries, dearth of highly skilled, well-disciplined workforce.
 Despite ups and downs in Pakistan and U.S relations the long-term strategic nature of relation
remains conducive.
 The article also discussed regarding overseas Pakistanis mentioning that A large number of
Pakistanis reside in US, UK and in Gulf countries so many of them are professionals and able to
send money to Pakistan.
 It is also believed that Pakistanis in GCC countries- relations are good but still doubtful that will
they remain unaltered.
 KSA and UAE have already started accommodating a great Indian workforce to deepen their
relation with India.
 The total numbers of Pakistanis registered for employment in KSA are 143,363 in 2017 and
275,436 in UAE.
 The article further discusses that China would is working on CPEC with us but it’s our duty to
bring more foreign investments from as many countries as possible.
 True changes will only come about when structural weaknesses that are responsible for
impeding sustainable growth.

Article 2: What to expect in mini-budget?

 Government counseled with the IMF. A monetary change of 1.5 to 2 percent is being
considered.
 Expansion will ascend to 8pc with costs of 500 things going up most definitely.
 These means must be taken before any formal discourse with the IMF to guarantee a smooth
progress into the program.
 Auxiliary changes should be tended to once budgetary issues have been managed.
 Tax cuts will be pulled back.
 This will result in a cut being developed consumption.
 Import of 130-150 things delegated pointless will be prohibited with obligation rates expanding
on extravagance things. An effect of $1 billion on current record shortage can be normal.
 Cost of expense and obligation exclusions will be conveyed down from Rs.550bn to Rs.200bn.
 Regions are required to improve their money surplus targets.
 Any difficulty to monetary development combined with expansion is awful for a typical man.
 The rates of flammable gas and power are to go up by Rs.157bn and Rs.200bn individually.
(Rs.60bn for the administration)
 Unlawful and unjustified abundance of Pakistani's abroad will likewise be managed.