1/5)Thread on Net International Reserves (NIR) & claims of @SaleemFarrukh, @81ShahbazRana & @betterpakistan.
Using IMF's definition, end 30th June 2016 NIR were +$7.9B & end 30th June 2018 NIR were -$7B. This means in last 2 years of PMLN, NIR worsened by $15B due to Darnomics. https://twitter.com/saleemfarrukh/status/1325804329681477642

2/5)When PTI came, by Sep18 NIR reached -$8.3B as reserves were bleeding rapidly due to high C/A deficit, that's why AU/IK say we were near bankruptcy. Govt took measures to control CAD & depreciated PKR. After 2 years, end Oct20 NIR are -$7.9B, improving & better than 2018 level

3/5)IMF calculates NIR by subtracting SBP Forex liabilities including IMF liabilities from gross reserves as given in my table above. @SaleemFarrukh did wrong calculations, cant cherry pick loans for NIR. Chinese loan isnt SBP liability & Forward/SWAP position is $4.8B not $5.6B.

4/5) @81ShahbazRana didn't correct @SaleemFarrukh's format of calculating NIR as per IMF definition but somewhat endorsed it while saying that adding IMF liabilities as per IMF definition NIR are more than negative $9B which is incorrect as NIR are actually less than -$8B.

5)Later Shahbaz Rana tweeted IMF's figures from Feb/March 2018,
@betterpakistan probably used it & said NIR were -$764M in March 2018 which is wrong. IMF gave provisional Feb 2018 estimates with Dec 17 figures. End March 2018 NIR were -$3.2B & down $15B in last 2 years of PMLN.