Wasiq1's Week-ly Blog : September 2016

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Pakistan’s IMF-supported program has helped the country restore macroeconomic stability, reduce vulnerabilities - Furusawa

IMF Executive Board Completes the Twelfth and Final Review Under the Extended Fund Facility for Pakistan

September 28, 2016

IMF completes the final review of Pakistan’s IMF-supported economic reform program
Energy sector reform allowed a reduction of power outages and energy subsidies
The authorities are committed to pursue reforms in the post -program period

The Executive Board of the International Monetary Fund (IMF) on September 28, 2016 completed the twelfth and final review of Pakistan’s three-year economic reform program supported by an Extended Fund Facility (EFF) arrangement. The Board’s decision enables the immediate disbursement of the final tranche in an amount equivalent to SDR 73 million (about US$102.1 million). On September 4, 2013, the Executive Board approved the 36-month extended arrangement under the EFF in the amount of SDR 4.393 billion (about US$6.15 billion, or 216 percent of Pakistan’s current quota at the IMF. (See Press Release No. 13/322).

Following the Executive Board’s discussion of Pakistan, Mr. Mitsuhiro Furusawa, Deputy Managing Director and Acting Chair issued the following statement:

“Pakistan’s Fund-supported program has helped the country restore macroeconomic stability, reduce vulnerabilities, and make progress in tackling key structural challenges. Economic growth has gradually increased and inflation has declined. External buffers have been bolstered, financial sector resilience has been reinforced, and the fiscal deficit has been reduced, while social safety nets have been strengthened. Tax policy and administration reforms allowed for further revenue mobilization. Steps have been taken to strengthen the State Bank of Pakistan’s autonomy. Energy sector reform allowed a reduction of power outages, energy subsidies, and accumulation of power sector arrears. A country-wide strategy to improve the business climate was adopted.

“Significant challenges remain for Pakistan in the post-program period, and the authorities’ commitment to continue implementing strong policies to reinforce macroeconomic stability gains and advance growth-supporting reforms is to be commended. In light of the significant public debt burden, the authorities’ plan to further reduce the fiscal deficit is welcome. The 2016/17 budget and the revised fiscal responsibility framework can anchor fiscal policy in support of further gradual fiscal consolidation. Further accumulating international reserves in a context of sufficient exchange rate flexibility will help strengthen confidence and competitiveness, while maintaining a prudent monetary policy stance will be key to supporting low inflation and macroeconomic stability. Swiftly addressing the remaining recommendations of the 2013 Safeguards Assessment is needed to further strengthen the central bank’s autonomy. Further progress in advancing financial sector reforms will be important.

“Moving forward with key structural reforms is pivotal to foster higher and more inclusive growth. Restructuring and attracting private sector participation in public enterprises is needed to ensure their financial viability and reduce fiscal costs. Completing the power sector reform will be important to strengthen the soundness of the sector and support growth. Continuing to move forward with the implementation of the new business climate reform strategy will help increase competitiveness, foster investment, and support private-sector-led growth and job creation.

“Close Fund engagement with Pakistan will continue through policy dialogue in the context of regular consultations and post-program monitoring, along with ongoing technical assistance.”

IMF Communications Department

MEDIA RELATIONS

PRESS OFFICER: WAFA AMR

PHONE: +1 202 623-7100EMAIL: MEDIA@IMF.ORG Image result for Mitsuhiro Furusawa pakistan

P230	Khanjar ("Dagger")	1981	Kaman

Today is the 25th of September 2016,the 22nd of Zilhij 1437 till sunset(6:25 pm) and this is my The Sunday Blog # 25 . Amazing isn't it 25th blog on the 25th of september which btw is also my dearly departed Ammi's third Birthday sep14 sep 15 and now sep16 . No no its okay infact i should begin my Sunday Blog # 25 with a LOL everybody knows a Rook has two sides . please don't try to contemplate what i have said above you will always be too young to understand (period) .

So Pakistan have won again in the karachi owned desert. Good ! The neighbourhood nite cricket league is too scared tonight so they are having a BBQ on my rooftop Obviously i am not invited or probably they didnot want to disturb me during the match. While all neighbourhood what do they call sataybaaz in english i believe betters or batters so while all bet-ers are playing they kick out their irritating young ones so they were all on my rooftop . It is very difficult to tell if they won or lost because its like a job for them . i am not sure if i am unfortunate or lucky to be born here and no place else to go even on a saturday night. Still the funny thing is that this neighbour who usually motivates the hula in my house is so scared that if i ring his door bell two-three hours from now in the wee hours of the morning he will pee in his bed 100 % . no ofcourse i am not going to try this because only this week i fell near his doorway while going to buy icecream due to the slippery wet slope and my old rubber slippers . My right leg just slipped and i could not keep the balance and fell like leaning tower . Luckily my head did not hit anything on the ground or the ground but my right leg's toe was badly hurt and bleed . The left hand toe and wrist were also hurt and so was the left feet. Usually when i fall or slip my knees are hrt badly not this time So in $$ terms it wasn't a fall i just tip-toed on the neighbours kerb.

So the purpose of telling all this is that i could not sit straight for very long so don't expect a very big blog tonight and in the day that follows even though the beginning looks very impressive already and the kids have all gone to sleep so there is no disturbing or distraction . Also since i am not using the net or power to do this blog yet chances are that the shankhigh Electric may not be offended or Amused at anything i say here in this blog BUT you never know if the Angels on my left and right shoulders could record any and everything without my knowing probably somebody else can record my murmur during the typing its a habit that i was never able to overcome despite years of practice. ok its almost 1:40 am so now i connect see how many words have i typed already then i will decide if i should watch the Hindi movie Aligarh to sleep or stay up and make some tea . yes here i go .

O my God its 542 words plus this wish i could show it here how the number keeps growing even though i do not type in the wordpress draft just save it there just in case .

Okay so tea it is .

Tonight in memory of my dearly departed Ammi who's third Birthday it is after leaving me here with such poor neighbours , I am doing my The Sunday Blog # 25 not on the desktop but on my new laptop placed on my Ammi's Electric Sewing Machine's wooden stand its perfect table height and i am able to sit straight with the dinner table chair . We had such quality time together on this feather brand sewing machine specially when her eye-sight grew weak she used to call me for help in putting the thread in the needle and i was always very glad to respond to her call no matter what. Her Both eyes were laser treated but i don't remember if she ever sat on it again after the lens replacement . I think we were both corrupted by the cable and Net that is she with cable and me with Net . Because of it we missed so many family gatherings weddings and funeral that we became socially challenged equal equal despite her being the most social person in her family and Papa's for over half a century .

Good Morning !

Okay so i had tea , watched the movie Aligarh and also sleep for few hours . The Shankhigh Electric has begun its magic so there is no Net . who cares !

The post eid ul Azha week went very well the mutton leg roast turned out to be very well awesome ! pulao, qorma, karhai etc were all very good and tasty . Brother and his family went back . a little breeze started so the hot climate eased a bit . so other than my fall everything was just fine. The political scene remained very tense . As the Mossack Fonseca sponsored PM 's speech in the UN they also raised the tensions between delhi and islamabad over kashmir which was difused after the very important Meeting between the COAS Gen Raheel sharif and the then finance minister mr Dar . ThankGod .

The Piggy Bank Party chief celebrated his 28th Happy Birthday this week don't you think we should officially apply for his policewali bride before the scotland yard stick it from their yard. Anyways the Saein in dubai and his gang cautiously remained very aloof from the MQM kabbadi tournament .The sad truth is that nobody wants MQM in any colour but everybody wants the elected head count. First his Master's voice from London wished that the elected should resign because they were chosen by the traitor , for the traitor and off the traitor . Yesterday he demanded that the govt should release the Mayor first as if he is in negociations with government at some level. Not to forget that the Jailed Mayor has already denounced him and his leader .

3:00 pm So finally the Shankhigh Electric decides to restore the power and net . Thankyou so very Much . or whatever they say in chinese谢谢 or shankhighish 非常感谢你 even if this shutdown was for me to enjoy the airforce show off . یا الله تیرا شکر ابھی تک پاکستان ائرفورس نے کوئی طیارہ نہیں گرایا

3:33 pm Pepsi break

So i was wondering if the water shortages in karachi continues soon we will overcome the traffic problem . Because of No water in the shower the extremely health and hygiene conscious people will not go out that's about 10 % of the karachi traffic gone off streets than there are the 10-20 % who will prefer the online profile to represent them instead of the sleepy face they don't want to showup with at work or the social gatherings . okay so without water we can cut the karachi traffic problem at least 30 % . Well i am no auto engineer but i am sure most automobiles use water to cool the engine and distill water in the battery . without that water we can surely reduce the karachi traffic down further 40-50 % . So now comes futuristic thinking . If we are able to reduce the karachi traffic down to say 60 - 70 % a lot of new generation will not be very keen about driving or learning to drive especially the social media savvy like myself . The future looks so bright don't you think ? Image result for karachi aviation expo

Anyways no no i was googling for the Royal Aviation expo 2016 and this photo showed up of my long lost crush ...ever since we had those Memon kamenuty sponsored CNG rickshaws This art and education have completely died . RIP ! Amen ! Miss Ya ! So Much ! Never ! Chal Bhootni ki Ab nikal na Singal down hai ....Ackh rd Tu !

23rd Zilhij 1437

Good Evening !

Okay the Biryani is ready . But don't you think its too early to eat Biryani . I'll probably wait for another Hour or two .

Even though i am eating very good food even after Ammi passed away more than two years ago But the fun part has clearly gone . If she had been alive today we probably be having a bar be Q or i would have rushed to the Kabab house she preferred for the take away of her liking . Every evening i plan to go and in the end eat what is served . We did have few Bar Be Q's in the house after her but all i did was take pictures and eat. Even the Teasing Bar Be Q's organized by the neighbors and estranged relatives on the rooftop does not tease that much as it used to during her lifetime. I am sure they do not get much pleasure out of it as well. And if they do then please praiseth the Lord because we (i) donot care about Bar Be Q's that much anymore . But I am sure someday these neighbours and their friends will realize that teasing her on her death bed in the last few years when we were desperately trying to make her live just few more days if we could , was not a very wise thing to do just to irritate us (me) .

نئے کپڑے بدل کر جاؤں کہاں اور بال بناؤں کس کے لیے

وہ شخص تو شہر ہی چھوڑ گیا میں باہر جاؤں کس کے لیے

جس دھوپ کی دل میں ٹھنڈک تھی وہ دھوپ اسی کے ساتھ گئی

ان جلتی بلتی گلیوں میں اب خاک اڑاؤں کس کے لیے

وہ شہر میں تھا تو اس کے لیے اوروں سے بھی ملنا پڑتا تھا

اب ایسے ویسے لوگوں کے میں ناز اٹھاؤں کس کے لیے

I don't believe this needs any translation by me there must be some better ones on the net.

So now i am at the same point i was last week at this point . I could begin the ending of this Sunday Blog or i could go out get some fresh air see life , traffic and strangers and return and do the ending with about a few hundred more words that nobody will read but me and few others Only God Knows Why .

By the Way the wordPress Counter reads 1714 words .15

U.S. CONSUL GENERAL GRACE SHELTON

So as i was about to leave or may be not the pre-planned monkey weight started . LOL

FALLING IN LOVE (IS HARD ON THE KNEES

9:03 pm Since last night i have been doing this The Sunday Blog # 25 with an open door
9:05 pm Aha the Airforce is up again
okay as i was saying since midnight today i was doing my The Sunday Blog # 25 without shutting my door or the door of the other room where the desktop is or even the exit door even though i knew that it is only the second sunday after eid ul Azha and the first sunday after my dear very dear brother and his lovely family left us to make more money and more property in much less time than some Americans will make in two or three or four maybe more lifetimes. So Anybody means Anybody could walkin anytime which i so fondly call a chaapa ~ Unfortunately nobody felt the urge to come visit us today maybe they are busy or partying or whatever . Anyways so now i think the Shankhigh electric will not be interested in anything i do or not do tonight . Which means that tonight i am in a very safe zone both mentally and physically and so are all my Ammi's Children and their Children . So Why i am the only person singular who can see this or feel this ? Why all my other siblings and their children cannot see or feel this ? Why ?

Okay now i move on to the Movies of the week :

1. Raaz Reboot

2. Pink

3. Ishq Click

4. Freaky Ali

5. Aligarh

Okay i watched 5 movies besides eating and sleeping and having a very good time with visitors yes they are all watchable movies but a little slow for the action lovers . I will not comment on Aligarh until i have studied the section 377 ipc which is about all unnatural sexual offenses and the supreme court verdict to criminalize homosexuallity in india . Even though the subject does not interest me that much but the acting of Manoj Bajpayee

is awesome as always. He is a Great actor indeed

its only 10 pm and i have made it to the 2000+ words already So ? LOL

It was Boneless Chicken Biryani .

It has been Almost over two months since our neighbor died on the Eid Day People are still coming to mourn him and offer their condolences to the family especially on weekends and Thursdays . If i remember correctly my Ammi died on 1st july we had her chehleum on 10 August after eid A cousin from out of town came on 14th August and uncle came in march or april next from canada. Thats it . We have been free to go along our lives as we wish . Nobody bothers us anymore or remind us of her except us . I am so sure nobody will mourn my death . But Then there is always somebody who will ask " Acha acha bahut afsoos hua ,,Wasiq karta kya tha ? ( very sorry to hear it .. What did wasiq do ? )

Gotch Ya !

So Finally this is the real end to my The Sunday Blog # 25 With a Hindi Movie Song that is more unbelievable ...yet Fundamentalistically Romantic from the Movie Josh Image result for josh full movie