Is it possible to improve the economy without taking loan from IMF? Know from Dr Hafeez Pasha
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Liberal 000
Chief Minister (5k+ posts)
No we are not ready ... our politicians live in houses built on hundreds of canals and pay a tax equal to a 17th grade officer lol
Nikita Chaudhry
MPA (400+ posts)
reduce only Army's Budget by 20% for 3 years (read: Army not Air Force or Navy's budget which is already not high) and keep nukes ready with full budget.
And, problem will be solved !
BUT, no the plan is to kill ordinary people killed by inflation while Generals (read: not Sepay, Subedar uptil Brigadier level) will continue to enjoy luxurious lives in Pakistan
And, problem will be solved !
BUT, no the plan is to kill ordinary people killed by inflation while Generals (read: not Sepay, Subedar uptil Brigadier level) will continue to enjoy luxurious lives in Pakistan
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bhaibarood
Chief Minister (5k+ posts)
Sell DHA palaces
Nadir Bashir
Minister (2k+ posts)
We should work on simple calculations.............
We have around 18 Billion Dollars of remittances sent by oversees Pakistanis which will vary between 18 to 20 Billion Dollars....................
Secondly we have around 23 billion dollars of exports which will vary from 23 to 25 billion dollars..................
So in total annually we have 18+23 = 41 billion dollars
Considering the imports and other payments, we can only afford to spend 30 billion USD per year........................and remaining 11 billions shall be used to pay back loans for next three years to bring foreign loans to a range of 50 billions USD.............................
I think nation is ready and we can not afford a development at the cost of increasing foreign debt...........................................We must ban luxury for some time.....................we can live without this...........................
We have around 18 Billion Dollars of remittances sent by oversees Pakistanis which will vary between 18 to 20 Billion Dollars....................
Secondly we have around 23 billion dollars of exports which will vary from 23 to 25 billion dollars..................
So in total annually we have 18+23 = 41 billion dollars
Considering the imports and other payments, we can only afford to spend 30 billion USD per year........................and remaining 11 billions shall be used to pay back loans for next three years to bring foreign loans to a range of 50 billions USD.............................
I think nation is ready and we can not afford a development at the cost of increasing foreign debt...........................................We must ban luxury for some time.....................we can live without this...........................
Nikita Chaudhry
MPA (400+ posts)
Rumor is that Yesterday, Asad Umar asked Commercial Banks to transfer Govt's money to State Bank to have better control over Govt's money and Deficit and Expenditure.
With no access to Govt's money in Commercial Banking, trust on Commercial Banking will drop and foreign remittances will dry up.
Who would want to send money to Pakistan and then have no access to it ??
I repeat, we are FUCK*d beyond what you can imagine.
With no access to Govt's money in Commercial Banking, trust on Commercial Banking will drop and foreign remittances will dry up.
Who would want to send money to Pakistan and then have no access to it ??
I repeat, we are FUCK*d beyond what you can imagine.
