It’s always going to be a busy week when the recently erstwhile finance minister gets into a twitter spat with the incumbent and his successor. Of course, that was not the only thing on everyone’s minds as we returned to the six-day work week under Prime Minister Shehbaz Sharif after Eid. Ariba Shahid brings you all this and more in this week’s social media roundup.
'Federal Government Offices shall work 6 days a week', Cabinet Secretariat notification issued.#Pakistan pic.twitter.com/Lj0QPT4XBn
— Yusra Askari (@YusraSAskari) May 6, 2022
While the world is moving towards a 4 day work week, Pakistan is moving towards a 6 day work week. You don’t need people to work longer, you need people to work smarter and efficiently. Besides, everyone knows Saturdays are fluff days at work where you only go to mark attendance (not for us at Profit though, we work more on Saturdays than the rest of the week). More importantly wouldn’t a 4 day work week save fuel?
Ab lagta hai petrol kee prices bhi naheen barhayain ge!
— Adeel Azhar (@adeel_azhar) May 6, 2022
It’s the same cycle. When you’re in opposition you pressure the government to keep prices stable. When you’re in government you can’t increase prices even though you have to because of all the political moves you’ve already made. Who pays? People like you and me. But for now, take that subsidized road trip before things go out of control.
As I said to Fawad & as you understand, tax to GDP under PTI has been below our level. Asad Umar & Hafeez Sheikh actually took it to single digit. You improved it, but only due to huge imports. Tax to gdp today lower than in 2018. Local sales tax collection has actually decreased https://t.co/RL940ZD4BP
— Miftah Ismail (@MiftahIsmail) May 2, 2022
Who would’ve thought Shukat Tarin would join Twitter and debate with the current finance minister? Wouldn’t it be cool to see them debate on live TV?
VCs be like "startup valuations are super inflated"
My brother in christ YOU were signing these term sheets
— Josh from Party Round (@joshqharris) May 5, 2022
Bulls create a bull market. That’s it. That’s the statement.
They’ve gone full Pinterest. Just printing this on a color printer will bankrupt the country. Hope they don’t. https://t.co/DXnn2PUFXr
— People’s Commissar (@faisal_parla) May 5, 2022
We’re not going to comment on Dr Reza Baqir’s performance here because we have more serious content pages for that. But this graphic design is like the brochure you get when you go to an amusement park. Too colorful.
In my view you are a pillar for our economic stability. I want to especially thank Deputy Governors and SBP Corporate Management Team for your teamwork and support. I also want to thank the 4 Finance Ministers and 5 Finance Secretaries I worked with over my 3 years 6/n
— Reza Baqir (@rezabaqir) May 3, 2022
Speaking of former governor, Reza Baqir, we have to point out that his sass game is on point. Welcome to twitter Dr Baqir, looks like you’ll already fit in.
Ishaq Dar literally said "REER, oh bhai mujhe batayein konsa formula hai, kis kitab mein hai, mein nay bhi sub kuch parha hua hai" https://t.co/BrJrLoTJi0 pic.twitter.com/doQKXNct2w
— Athena • ایتھینا • एथेना 🇨🇦 (@LahoriElite) May 1, 2022
Leave it to a glorified accountant to tell you that there is no such thing as the real effective exchange rate. It is very much REAL.
Pakistan capital markets @pakstockexgltd don’t need concessions, we just need a level playing field with other asset classes. And we will support economic growth, higher tax revenues, savings & investment rates, and greater equality of wealth @MiftahIsmail @SECPakistan https://t.co/fEtT0Tv3CH
— Farrukh H Khan (@FarrukhHKhan) April 28, 2022
In a world where it’s easier to invest in real estate, the only way to bring in more investors to capital markets is to give a level playing field.
Just two weeks of government Alhamdolillah! 🇵🇰🇵🇰🇵🇰 pic.twitter.com/YNIOoVA1vO
— Maryam Nawaz Sharif (@MaryamNSharif) April 27, 2022
Lowkey thinking of featuring a chart crime in our weekly social media roundup. Pakistan is filled with them. This is this week’s chart crime.
How to bring the #CAD under control? Import duties? Not really. This below: pic.twitter.com/mbfPYuW8S1
— Gonzalo Varela (@gonwei) April 27, 2022
The obsession with a fixed exchange rate or an over valued one is absurd. The same way obsession Over fuel prices is absurd.
Sir – woh PSX aur Dollar ka view day dain aik dafa aur, awam kay liyay pic.twitter.com/BJ0RYfYbKB
— Syed Arif Rehman (@arif1981r) May 6, 2022
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The only good thing about corporate life! pic.twitter.com/gVZFB4LFlV
— Affan (@AguyfromLahore) May 6, 2022
Corporate life in Pakistan revolves around Chai.