[Pakistani Rupee To USD] How High Will Pakistani Rupee Appreciate In Exchange With US Dollars?

When Zia Ul Haq left, our total debt was $13 billion Then came PPP and PMLN. Debt increased to $39 Billion. Then came the Musharraf era. Although, debt only increased by $1.7 Billion to $ 40.60 Billion. During the Musharraf era, the aid given to Pakistan was 32 Billion Dollars. Musharraf devalued the Pakistani rupee to US Dollar only to leave people whimsical in his consumer economy bubble with the hire-purchase model.

Let’s just conveniently ignore all the easy debts and rescheduling that took place after 2001 which made Musharraf look like a messiah and put an extra burden on the next governments to further your propaganda! (The Paris Club offered $12 Billion in loans for 38 years. Under the arrangement Pakistan would have to pay nothing in debt servicing during the first 15 years.)

Not to forget, it was Musharraf who had left the country’s lest its resources on the war on terror for years and budgets to come meaning the exchange rate dollar to Pakistani rupee was 1 to 65 for not very long until its correction to around 100 soon after he left.

AND AGAIN. Then came PPP and PMLN. Debt increased to $96 Billion. Our problem with PTI is that it campaigned that they will implement new taxes on people but they will take money from the corrupt mafia. And the Govt. needs to improve its business strategy and earn something. Not lose extra bucks on Peshawar BRT. 2.3 Billion PKR per KM. Duh?

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