Pakistan Financial Condition during PMLN 2013-18 Tenure

After almost 4+ years of PMLN Govt.

• Pakistan steel Mill is still in LOSS -accumulated losses of the mill swelled to Rs166 billion and total liabilities to Rs173bn in 2015-16 from Rs26.50bn and Rs35bn, respectively, in 2008-09.
• PIA in MORE loss despite low fuel prices, new management, new services - total 103 billion loss in the tenure of PML-N government.
• Railway is in same financial loss -The total deficit for PR for 2015-16 amounted to around Rs28.3 billion
• Trade deficit of Pakistan increased by 40% Worst in history.
• Exports have decreased by 12%,
• Foreign remittance dropper 20% in 2016, another 10% in 2017.
• Foreign Direct Investment decreased 45% in one quarter in 2016.
• Circular debt is far more than 2012 despite over billing, tarrif increase and in spite of a substantial decline of around 50pc in global oil prices over the last three years.
• Pakistan in worst debt in history. Reaching an all time high of 74638 USD Million in the third quarter of 2016.

• There is not even a single institution / departement / industry where they can say - THIS WAS IN LOSS - NOW IT IS NOT.

Financial conditions of Pakistan are getting worse every year and the only reason we dont get to hear it a lot is our mode of information is MEDIA- and media only shows what are paid to or to blackmail to get paid.