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Fitch Rating Pak Rupee Depreciation Edible Oil Imports Knitwear Exports Dada Pota Show 23-01-2019

Dada Pota Show of 23-01-2019. The only program of business and economy in Pakistan.

Fitch Rating Pak Rupee Depreciation Edible Oil Imports Knitwear Exports Dada Pota Show 23-01-2019

Dada Pota Show 23-01-2019 based on Fitch Rating Pak Rupee Depreciation Edible Oil Imports Knitwear Exports.

Today, Dada G shared his opinion on important news that Fitch says SBP likely to devalue rupee in coming months.

Fitch Solutions on Monday said the State Bank of Pakistan (SBP) is expected to devalue rupee against US dollar again in the coming months, as the currency will remain under depreciatory pressures with weaker external finances.

The rupee fell over 25 percent in 2018 driven by a large current account deficit and increased foreign debt repayments. This has also put inflationary pressures on the cost of inputs for many domestic manufacturers, including the pharmaceutical companies.

In a report on the country’s pharmaceutical sector, Fitch quoted Zahid Saeed, chairman Pakistan Pharmaceutical Manufacturers Association (as saying that the manufacturing cost of medicines in the country had surged four percent, given the record devaluation of rupee and increase in duties and taxes on the industry.

Given that local pharmaceutical companies fulfil nine percent of the medicine need of the country, “recommendations were necessary to save the industry”.

Pakistan’s pharmaceutical market continues to face a number of headwinds that make it decidedly difficult for multinational drug makers. Besides several shortcomings in Pakistan’s regulatory and business environment along with endemic political instability, the country’s pricing environment continues to be an impediment to the pharmaceutical sector.

“Government of Pakistan aims to increase the prices of medicines, which bodes well for the domestic drug makers,” said the Fitch Solution’s industry trend analysis of the pharmaceutical sector. “The revenue generating opportunities for local pharmaceutical companies in Pakistan would improve following the decision.”

By & large, Dada G & Pota G presented a very good show. We received huge feedback in the form of SMS & facebook posts. If you missed today’s Dada Pota Show, there is no need to worry because you are just a click away. You can download and listen it now. “Dada Pota” show on-air at www.dadapota.pk.

World Bank Dasu Dam PIA Paris Barcelona Inefficient Power Plants Political Economy Dada Pota Show 22-01-2019

Dada Pota Show of 22-01-2019. The only program of business and economy in Pakistan.

World Bank Dasu Dam PIA Paris Barcelona Inefficient Power Plants Political Economy Dada Pota Show 22-01-2019

Dada Pota Show 22-01-2019 based on World Bank Dasu Dam PIA Paris Barcelona Inefficient Power Plants Political Economy.

Today, Dada G shared his opinion on important news that World Bank rates progress on Dasu project as ‘moderately unsatisfactory’.

The World Bank has lowered the 2,160-megawatt Dasu hydropower project’s rating to ‘moderately unsatisfactory’ after Pakistan could not resolve outstanding issues in the past over two years, which will now push the completion period beyond 2021.

It was the second downward revision in the project’s implementation rating over the past two and a half years, indicating the systemic bureaucratic weaknesses that have started affecting strategic projects. Last time, the World Bank had cut the progress rating to moderately satisfactory in June 2016.

The previous federal government had failed to resolve a host of land-related issues and could not ensure safety measures, leading to casualties. “The implementation progress of the DHP-I has remained slower than expected,” said the latest implementation status report of the World Bank-funded project, released in the outgoing week.

By & large, Dada G & Pota G presented a very good show. We received huge feedback in the form of SMS & facebook posts. If you missed today’s Dada Pota Show, there is no need to worry because you are just a click away. You can download and listen it now. “Dada Pota” show on-air at www.dadapota.pk.

Sahiwal Incident LNG Exports Target Political Economy Dada Pota Show 21-01-2019

Dada Pota Show of 21-01-2019. The only program of business and economy in Pakistan.

Sahiwal Incident LNG Exports Target Political Economy Dada Pota Show 21-01-2019

Dada Pota Show 21-01-2019 based on Sahiwal Incident LNG Exports Target Political Economy.

Today, Dada G shared his opinion on important news that JIT declares CTD officials responsible for Sahiwal incident.

The Joint Investigation Team (JIT), formed to probe into the alleged encounter of Counter Terrorism Department (CTD) in Sahiwal which left at least four persons including two women dead, declared the law-enforcement agency officials responsible for the incident on Sunday.

According to Dunya News sources, the JIT comprising Inter-Services Intelligence (ISI), Intelligence Bureau (IB) and Military Intelligence (MI) officers in its initial report declared the CTD officials responsible for the incident after which they are likely to be suspended.

Sources said that the initial report of the JIT would soon be prepared and handed over to government officials.

It is pertinent here to mention that Punjab Inspector General on Saturday had formed a Joint Investigation Team (JIT) comprising Inter-Services Intelligence (ISI), Intelligence Bureau (IB) and Military Intelligence (MI) officers to probe into the alleged encounter of Counter Terrorism Department (CTD) in Sahiwal.

Four persons including two women were shot dead by the CTD officers in a purportedly high-speed pursuit in Qadirabad area of Sahiwal city.

CTD claimed that the ‘terrorists’ were killed in an intelligence-based operation (IBO). Three other terrorists including Shahid Jabar and Abdul Rahman managed to flee during the chase near the toll plaza of Sahiwal.

CTD claimed of confiscating explosives and weapons from the car adding that officers were investigating into the matter as part of the operation in Faisalabad on January 16.

Contrarily, an eye witness has told the media that the deceased were neither equipped with any weapon nor resisted officers whereas three children were also present in the car.

The eyewitnesses further said that the children while speaking to them at a nearby petrol station claimed that the “police has killed their parents”. “Following the firing incident, the police left the children at the petrol station where they spoke to us. A few minutes later, however, CTD officials returned and took the children with them to an undisclosed location,” the eyewitnesses added.

By & large, Dada G & Pota G presented a very good show. We received huge feedback in the form of SMS & facebook posts. If you missed today’s Dada Pota Show, there is no need to worry because you are just a click away. You can download and listen it now. “Dada Pota” show on-air at www.dadapota.pk.

Foreign Direct Investment Cell Phones Duty Russia Power Projects Political Economy Dada Pota Show 18-01-2019

Dada Pota Show of 18-01-2019. The only program of business and economy in Pakistan.

Foreign Direct Investment Cell Phones Duty Russia Power Projects Political Economy Dada Pota Show 18-01-2019

Dada Pota Show 18-01-2019 based on Foreign Direct Investment Cell Phones Duty Russia Power Projects Political Economy.

Today, Dada G shared his opinion on important news that Foreign direct investment falls 77.2pc to $899.5m.

Pakistan’s Foreign Direct Investment (FDI) during the first half of current fiscal year (2018-19), fell by 77.2pc to $899.5 million as compared to $3,950 million in the same period last year (2017-18), according to the data released by State Bank of Pakistan on Wednesday.

On a year-to-year basis, the FDI also plunged to $230 million in December 2018, against FDI of $2,740 million in the same month of the preceding year.

According to details, the net FDI from the United States fell from $407.5 million in July-December 2017-18 to negative $196.2 million in the same period of the current fiscal year.

Similarly, the net FDI from China also fell from $1,107.4 million in the corresponding period of 2017-18 to $754.2 million in the same period of the current fiscal.

By & large, Dada G & Pota G presented a very good show. We received huge feedback in the form of SMS & facebook posts. If you missed today’s Dada Pota Show, there is no need to worry because you are just a click away. You can download and listen it now. “Dada Pota” show on-air at www.dadapota.pk.