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External Debt Pakistan Mini Budget Afghan India Trade Political Economy Dada Pota Show 26-02-2019

Dada Pota Show of 26-02-2019. The only program of business and economy in Pakistan.

External Debt Pakistan Mini Budget Afghan India Trade Political Economy Dada Pota Show 26-02-2019

Dada Pota Show 26-02-2019 based on External Debt Pakistan Mini Budget Afghan India Trade Political Economy.

Today, Dada G shared his opinion on important news that Total external debt & liabilities soar to $99.1 billion by end of December 2018.

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The country’s total external debt and liabilities shot up to $99.1 billion by end of December last year compared to $95.3 billion, indicating almost $4 billion was added to the debt pile in the first half of the current financial year 2018-19.

According to data released by the State Bank of Pakistan (SBP), foreign debt was recorded at $96.7 billion and these latest debt and liabilities were equivalent to 35.8% of gross domestic product (GDP) by end of December 2018, reports an English daily.

And analysts projected foreign debt and liabilities to rise to $105 to $106 billion by the end of FY19.

Also, the external financing requirement is likely to be around $22 billion during FY19 and analysts stated Pakistan could clinch a bailout package soon from the International Monetary Fund (IMF) to meet external financing needs.

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.

Asad Umar Statement Investment Guideline Stock Market Real Estate Dada Pota Show 25-02-2019

Dada Pota Show of 25-02-2019. The only program of business and economy in Pakistan.

Asad Umar Statement Investment Guideline Stock Market Real Estate Dada Pota Show 25-02-2019

Dada Pota Show 25-02-2019 based on Asad Umar Statement Investment Guideline Stock Market Real Estate.

Today, Dada G shared his opinion on important news that Pakistan to be among five largest world economies by end century.

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Federal Minister for Finance Asad Umar has said that Pakistan would be among the five largest economies of the world by the end of this century.

He said that India’s decision to slap 200 percent duty on Pakistani products and withdrawal of the Most Favored Nations (MFN) status was tantamount to harming New Delhi’s economy more instead of causing any loss to Pakistan.

He also said that the differences with the IMF were narrowing down and discussions at technical levels were continuing with the Fund staff. “When we get closer to evolving an agreement, the IMF mission will be invited for finalising the talks,” Federal Minister for Finance Asad Umar said while talking to reporters after chairing the third ACCA’s Pakistan Leadership Conversation (PLC) here on Thursday.

When the minister was asked to comment on India’s move in the aftermath of Pulwama attack, the minister said that the steps taken by India demonstrated its immaturity that would become more harmful for its own economy.

The minister said that Pakistan would not face any loss in the wake of the recent steps taken by India where they slapped 200 percent duty on Pakistani products. To another query about the possibility of IMF mission visiting for striking a staff levelagreement, the minister said that Pakistani authorities and the IMF were continuously holding technical level talks and they interacted with each other this week and were expected to establish contacts next week as well.

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.

Federal Cabinet Shahbaz Sharif ECL PM Imran tax Payers Budget Deficit Gold Imports Dada Pota Show 22-02-2019

Dada Pota Show of 22-02-2019. The only program of business and economy in Pakistan.

Federal Cabinet Shahbaz Sharif ECL PM Imran tax Payers Budget Deficit Gold Imports Dada Pota Show 22-02-2019

Dada Pota Show 22-02-2019 based on Federal Cabinet Shahbaz Sharif ECL PM Imran tax Payers Budget Deficit Gold Imports.

Today, Dada G shared his opinion on important news that Federal cabinet approves to place Shahbaz Sharif on ECL.

The federal cabinet on Thursday approved placement of Opposition Leader in National Assembly Shehbaz Sharif’s name on the Exit Control List (ECL), sources told Geo News.

The cabinet meeting, presided over by Prime Minister Imran Khan, approved appointment of Azhar Hameed as chairman of Employees Old-Age Benefits Institution (EOBI), besides tasking Haroon Hussain and Co. for the audit of National Database and Registration Authority (Nadra).

The meeting gave a go-ahead to the appointment of Justice Shahid Kareem and Justice Tahira Safdar as special court judges. The cabinet also approved relaxation in visa policy and fee for different countries.

The prime minister also directed for action to prevent sale of adulterated milk across the country.

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.

Regulatory Duty Indian Items ECC Urea Gold Prices Political Economy Dada Pota Show 21-02-2019

Dada Pota Show of 21-02-2019. The only program of business and economy in Pakistan.

Regulatory Duty Indian Items ECC Urea Gold Prices Political Economy Dada Pota Show 21-02-2019

Dada Pota Show 21-02-2019 based on Regulatory Duty Indian Items ECC Urea Gold Prices Political Economy.

Today, Dada G shared his opinion on important news that Non-essential Indian items: 200 percent RD may be imposed.

Pakistan is likely to impose 200 per cent Regulatory Duty (RD) on non essential Indian imports in retaliation against recent Indian measures and raise the issue of India unilaterally withdrawing the Most Favoured Nation (MFN) status to Pakistan at the World Trade Organisation (WTO) in Geneva, well informed sources told Business Recorder.

The proposal was finalized after more than two hour long meeting in Commerce Division, presided over by Secretary Commerce, Younus Dagha convened to assess the effects of Pakistan’s withdrawal from MFN status with particular focus on exports and imports. The sources said Commerce Division has also prepared different options to be presented to the National Security Council (NSC) which is expected to meet within a couple of days, after which a final decision will taken.

According to sources in Ministry of Foreign Affairs, in the aftermath of terror on the Indian security forces in Palwama (Indian Held Kashmir) on February 14, 2019, the Government of India convened a meeting of the Cabinet Committee on Security on February 25, 2019. Following the meeting, the Indian Union Minister for Finance stated that Pakistan’s MFN status stands withdrawn. According to reports, around 300 trucks are standing at Wagha border, carrying cement and dry dates (Chuhara) after India clamped 200 per cent RD on Pakistani products. Shipment of 170 containers from sea route was also stopped. Pakistan exports to India from land route constitute around 70 percent of our total exports to the country.

Pakistan cement exports to India during 2017-18 amounted to 1.2 million tons and during the seven months of 2018-19 cement exports were around 648,000 Metric Tons. The sources stated that cement can be exported to other destinations like Sri Lanka and Africa, but the issue of dry dates is critical as India is a big market of this product.

The sources further stated that the issue of withdrawal of MFN status will be taken up at the WTO as no country can withdraw the status after granting it. Pakistan has not granted MFN status to India so far. Some participants of the meeting argued that Pakistan should withdraw trade concessions extended to India whereas another view was that negative list should be expanded like in the past. Some participants stated that Pakistan should slap Non Tariff Barriers (NTBs) on Indian imports while pothers suggested that since India has violated SAFTA which is a bilateral agreement, Pakistan should also reciprocate in the same tone.

There are reports that Afghan trucks, carrying perishable items destined for India through Wagha border are also stuck due to a large number of Pakistani trucks.

“We will present different options to the NSC one of which will be to impose 200 per cent RD on non essential items,” said one of the senior officials on condition of anonymity. The Ministry of Foreign Affairs, sources said, has left it to the Commerce Division to suggest retaliatory measures against Indian decisions.

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.