“Give a man a fish, and he will be hungry again tomorrow; teach him to catch a fish, and he will be richer all his life.”
Khurram Schehzad
3,745 posts
Khurram Schehzad
@kschehzad
Advisor to the Finance Minister, Pakistan🇵🇰 I Invest Banker I Economic Policy & Financial Strategy I Investment Advisory I Tech Entrepreneur I Tweets imperfct
- Pakistan records a $9mn Current Acc. (CA) surplus for Nov23. For an import-based economy, low CA deficit/surplus means low growth, but notable takeaway is: exports +22% vs imports +3%. In 5M, exports +5% vs imports -16%. Rare to see exports growing without huge import growth.
- Fully Consolidated New Global & Domestic Entrants in Pakistan List 1. Aramco 2. Samsung 3. BYD (China – EV assembly planned by mid‑2026) 4. Gunvor 5. Abu Dhabi Ports (AD Ports Group – port and logistics concessions; industrial zone plans) 6. Mashreq Bank (additional investment🚨 Companies That Have Left 🇵🇰 Pakistan Since 2022 :- 1. Shell Pakistan 2. Telenor Pakistan 3. Microsoft 4. Careem 5. Uber 6. TotalEnergies (Total PARCO) 7. Pfizer Pakistan 8. Sanofi 9. Bayer 10. Eli Lilly 11. Lotte Chemical 12. Viatris
- From High-Risk to High-Prospect: Pakistan's Default Risk plummets as CDS Spread falls 93% amidst improved economic outlook. THREAD. Spread on Pakistan's CDS (Credit Default Swap) - insurance against credit default risk, has fallen to a normalized low of 505 bps (5.05%). 1/n
- PSX's revived Unicorn Club (listed Bn$ Cos) after 70% rally in PSX since yr's lowest: 2 in Jan23 ($): OGDC 1.4bn Nestle 1.1bn 7 in Dec23 ($): OGDC 1.9bn Colgate 1.4bn Nestle 1.4bn Pak Petr 1.1bn Mzn Bank 1.1bn Pak Tobac 1.1bn Mari Petr 1.0bn 45% represnt Govt! @pakstockexgltd
- Circulating World Bank's loan cancellation interpretation is absolutely wrong and totally opposite to the facts of the WB's program for Pakistan. There was no decision to cancel it as it was never planned in first place. See facts as per by the Economic Affair Division. 1/n
- Significant Positive News! Fitch Ratings has upgraded Pakistan's Long-Term Foreign-Currency Issuer Default Rating (IDR) to 'B-' from 'CCC+'. The Outlook is Stable. Its a strong endorsement on govt's economic policies and outcomes! @FitchRatings @GovtofPakistan @Financegovpk
- Volunteers of '#AlKhidmat' disinfect a Hindu Temple to prevent the spread of #coronavirus #CoronaVirusPakistan This is something extraordinary happening in our country #Pakistan 🇵🇰 #Humanity_Is_Above_Religions #PakistanFightsCorona #PakistanForAll @ImranKhanPTI
- Gwadar Cricket Stadium - a jewel in the crown! How abt Opening Ceremony / Matches of the Pak Super League-21 here this time? Agree? RT! @ImranKhanPTI @ArifAlvi @Asad_Umar @jam_kamal @thePSLt20 @thePSLt20tweets #PSL2021 @JAfridi10 @Salman_ARY @wasimakramlive @TheRealPCB @ICC
- Pakistan Workers Remittances continue to surge - up a massive 25% YoY in January to $3bn (monthly avg. $3bn). Cumulative for Jul-Jan25 surged to $20.8bn, up 32% YoY. At this rate, the full-year number will cross a record $35bn, thereby providing support to country's externals.
- With 10% super tax, Pak's select corporate income tax with all other taxes, goes beyond 50%! Corporate investor tax reaches 55%; highest in the region, one of the highest in the world; probably highest in Pak's history too. Why not tax the untaxed than taxing the taxed always?
- First batch of #Vivo mobile phones "Made in Pakistan" has been produced! More brands to follow! With 42% ppl hving Internet, 77% rise in Data Use, 53mn Mob. Acc., #Pakistan next big frontier! Way to go, "Made in Pakistan" @ImranKhanPTI @Hammad_Azhar @AlmasHyder @vivopakistan
- Exclusive: Pakistan Sees One of the Sharpest Drops Default Risk - Only Country with Consistent Improvement As per the latest data posted by Bloomberg, Pakistan stands out globally as the 2nd most improved economy in terms of reduction in sovereign default risk, as measured by
- A very Good News on Pakistan's long-term development front: The 10-year Country Partnership Framework (CPF 2025-34) worth $20 Billion, has been approved by the World Bank Board, just now. There are 6 key areas of developments agreed with the Wolrd Bank development teams... 1/n
