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Forum => Kenya Discussion => Topic started by: Nowayhaha on April 21, 2023, 12:04:15 PM

Title: Pakistans Solution To Macro Economics-Buy Russian Oil and Not In $$$
Post by: Nowayhaha on April 21, 2023, 12:04:15 PM

Something KK govt should be doing or they are waiting for Ndii to advice on the same ?

https://www.rt.com/business/575052-pakistan-russia-oil/



With discounted Russian oil, cash-strapped Pakistan will see relief in the face of a balance of payments crisis and critically low foreign exchange reserves. According to statistics, energy imports make up the bulk of the country’s external payments.

Transactions for Russian energy supplies will reportedly be settled in currencies other than US dollars.

Title: Re: Pakistans Solution To Macro Economics-Buy Russian Oil and Not In $$$
Post by: RV Pundit on April 21, 2023, 12:10:00 PM

Good for them. Bad for Russia.