Strat's Long Term Stress Free Trading Page 953 Forex ...
Pakistan - Economic Forecasts - 2020-2022 Outlook
Introduction - Long Forecast
INTRODUCTION TO THE FOREIGN EXCHANGE MARKET
2 years of PTI with the economy
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.
Forex Market Overview Long Term Trends Today's Price Surprises Highs & Lows Forex Market Map Performance Leaders Currency Converter Crypto Market Pulse Crypto Market Overview Performance Leaders Market Capitalizations Bitcoin Futures This page has economic forecasts for Pakistan including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Pakistan economy. Long-term investments need accurate forecasts of economy development indicators. The Economy Forecast Agency is independent from any banks, funds and other market players. We provide with original forecasts based on our unique methodology. Methodology Our specialists use mathematical and statistical methods of prediction based on the existing historical data. They take into account the ... If you are looking for Forex pairs with good return, USDPKR can be a profitable investment option. USD/PKR rate equal to 158.499 at 2020-11-13. Based on our forecasts, a long-term increase is expected, the Forex rate prognosis for 2025-11-07 is 269.040. With a 5-year investment, the revenue is expected to be around +69.74%. Your current $100 ... TRADING ECONOMICS provides forecasts for major currency exchange rates, forex crosses and crypto currencies based on its analysts expectations and proprietary global macro models. The current forecasts were last revised on November 12 of 2020. Share ideas, debate tactics, and swap war stories with forex traders from around the world. Strat's Long Term Stress Free Trading Page 953 Forex Factory Home Thus, it became useful for scalpers, day traders and even long-term market participants. 2. Forex Stochastic Maestro 5 Strategy Stochastic Maestro 5 Forex System . Forex Stochastic Maestro 5 Strategy is a strong trend following trading strategy. We call it strong because it uses Heiken Ashi, Signal Line, Moving Averadsgoogleage and Stochastic Oscillator all together to make sure a perfect ... 6. Forex. Forex trading means trading of different currencies. This is also a great investment opportunity because of its convenience and ease. Study the trends in currencies, keep yourself updated with the latest currency rates and financial situations, and try to invest accordingly. Al Rostamani Exchange: Working towards improving the remittance sector for the long term Supporting the CBUAE in setting remittance standards Published: November 04, 2020 16:26 Special to GN Focus Traders make money in the forex market by analyzing trends and making smart decisions. The gain on each trade is a small step in the direction of his or her long-term goals. Myth 2 – The forex market is rigged . Sometimes you might hear a trader complaining that the market is against them. Every trade they make is a losing one. They blame the broker, the interbank, the government, the timing ...
Forex Trend Trading - Best Strategy Long Term Trend ...
http://www.learncurrencytradingonline.com This video looks at the Forex trading strategy which is favored by professional traders - long term trend following... Pakistan is the 27th largest economy of the world in terms of purchasing power and 45th Largest in absolute dollar terms. Located in the heart of Asia, Pakistan is the gateway to the energy rich ... ACCOUNT HAS BEEN BLOCKED WAITING TO HEAR FROM IQ OPTION. Identifying forex trends is not hard if you know how to do it. Forex market trends don't come often but if they do, you can use it to trade the trend. I want... How I Make $500 Daily Strategy http://2by.us/money Forex Trend Trading - Best Strategy Long Term Trend Following Forex Trend Trading - Best Strategy Long... XtreamForex Completes its Forex Education Seminar Proudly in Pakistan. We promise to continue sharing our educational expertise with all of our traders always. Less greed and more patience. That's how the game is played. In this video, we go over a long-term trading mentality of targeting 2k+ pips and etc. Enjoy.