Ishaq dar is leading country to low growth , recession and agricultural production collapse in the n

[shaikh]

Ishaq Dar is forcing Pakistan into economic recession by taxing into growth areas and is already responsible for dismal performance of agricultural sector and actual contraction . Eye brows are being raise as to what his real intentions are.

It has become a pastime of several political administrations to first drive money to stock markets and then arrange a crash and earn tremendously. So two biggest heavens of investment are being uprooted . The National saving rates have been reduced to 5.5% from about 10-12 % thus driving pensioner's investment elsewhere to stock market to play with and crash one day .

The estate sector is being taxed and property evaluations elevated . This second move is disastrous for industries of Pakistan as large sector of our industry and retail has to do with construction industry , steel , ceramics , pipes , roads , bricks , curtains , electrical appliances and so on . He is making investment in Estate impossible so these industries will also collapse like agriculture collapsed last year with contraction.

Banks which finance are also being parasitized by levying taxes on non filers . How ever good it may look on face this has led to Banks becoming deserted and their deposits not expanding as they should with low oil prices .

So object being to drive all money from national saving schemes and estate to stock market and then earn big there for cronies.

If Mr.Nawaz wants to survive himself and the country to prosper he has to have a properly groomed economists team , low growth and no electricity and chasing out private sector in the name of whitening money is going to lead Pakistan to economic collapse .

There are people suspicious that Agriculture production is falling not only due to high cost of pesticides , taxes and low water but also the PMLN connected lot is interested in importation from India of vegetables etc and earn . People also claim that importation of Dengue with epicentre at lahore is owing to trucks not cleaned from India which had dengue for a long time .

 

[amir_ali]

Documentation of estates is a must and it is one of the most appreciable task this gov is doing.

How could you allow people to invest their ill gotten money in property without any check and see that money getting more value after consistent betting on real estates, let b@stards become millionaire then billionaire, kingpins and then king makers.

 

[shaikh]

Documentation of estates is a must and it is one of the most appreciable task this gov is doing.

How could you allow people to invest their ill gotten money in property without any check and see that money getting more value after consistent betting on real estates, let b@stards become millionaire then billionaire, kingpins and then king makers.

These undocumented billionaires are the source of running of a viable economy , the estate drives almost half the construction and even retail industry , you block from front the money will go out side the country and unemployment will result . What looks good on books and to the class which has no experience of private enterprise and industry is usually detrimental to country , we have seen it in Bhutto nationalization , we have seen it in india being held back in the name of socialism by Nehru .

The Black economy of Pakistan is the real income generating and employment generating economy , the official economy is PIA , Pakistan steel, Pakistan railways and hundreds of other enterprises.

A rupee in black economy works wonders , once it becomes official it ends up abroad or in some corrupt civil servant or contractors pocket , like METRO .

 

[dingdong]

cycle ko puncture lagaanay walay haram Khore money launderer munshi ko finance minister bana karr amb hi milna thaa

 

[asadrehman]

ساری زندگی نواز شریف کے پیپمر دھونے اور پاجامے لیک کرنے والے منشی منی لانڈرر کو وزیرِ خزانہ بناؤ گے تو پاکستان نے تباہی کے گڑھے میں ہی گرنا ہے۔ یہ کھوتییوں کا گروہ پاکستان کو تباہ کروا کے ہی دم لے گا۔

 

[amir_ali]

These undocumented billionaires are the source of running of a viable economy , the estate drives almost half the construction and even retail industry , you block from front the money will go out side the country and unemployment will result . What looks good on books and to the class which has no experience of private enterprise and industry is usually detrimental to country , we have seen it in Bhutto nationalization , we have seen it in india being held back in the name of socialism by Nehru .

The Black economy of Pakistan is the real income generating and employment generating economy , the official economy is PIA , Pakistan steel, Pakistan railways and hundreds of other enterprises.

A rupee in black economy works wonders , once it becomes official it ends up abroad or in some corrupt civil servant or contractors pocket , like METRO .

How it actually works is that a person develops a piece of land, which by the way is almost always agri, brokers market it, investors from abroad invest in it by sending their hard earned money from abroad, which we call foreign remittance, a part of the money goes into the broker's pocket, major chunk goes in the pocket of the developer, who puts a part of the money in development, major part is sent abroad by whatever channels, this way a major part of the money leaves this country again.

This is only one of the scenario, a lot of the money goes into civil servants etc pocket, which again leaves this country on is invested in real estate again.

This is easy money, industrialists are now spending more on real estate than in the industries, for example in Faisalabad all the major industrialists are spending in real estate for a part of this easy money.

What happened as a result is drastic increase in price of property, the 5 Marla piece of land which used to price rs. 5 to 10 lacs have gone 50 lacs plus, in dha lahore a 5 Marla house in dha lahore would cost you more than 1 crore, 10 Marla 2 + crore, 1 kanal 4 + crore, this is too much .

Societies such as bahria town purchase land for thousands and after some development works sell them for crores, a mere 5 Marla commercial plot is worth more than 5 crore.

This black economy is not helping us in any way, Pakistan is a country of 20 crore people , construction work would always be at its peak here, money would be earned, the black economy is doing us harm.

 

[shaikh]

How it actually works is that a person develops a piece of land, which by the way is almost always agri, brokers market it, investors from abroad invest in it by sending their hard earned money from abroad, which we call foreign remittance, a part of the money goes into the broker's pocket, major chunk goes in the pocket of the developer, who puts a part of the money in development, major part is sent abroad by whatever channels, this way a major part of the money leaves this country again.

This is only one of the scenario, a lot of the money goes into civil servants etc pocket, which again leaves this country on is invested in real estate again.

This is easy money, industrialists are now spending more on real estate than in the industries, for example in Faisalabad all the major industrialists are spending in real estate for a part of this easy money.

What happened as a result is drastic increase in price of property, the 5 Marla piece of land which used to price rs. 5 to 10 lacs have gone 50 lacs plus, in dha lahore a 5 Marla house in dha lahore would cost you more than 1 crore, 10 Marla 2 + crore, 1 kanal 4 + crore, this is too much .

Societies such as bahria town purchase land for thousands and after some development works sell them for crores, a mere 5 Marla commercial plot is worth more than 5 crore.

This black economy is not helping us in any way, Pakistan is a country of 20 crore people , construction work would always be at its peak here, money would be earned, the black economy is doing us harm.

Estate is the main engine of economy after agriculture has started to falter owing to high pesticide costs , low water availability and migration to cities . Ishaq Dar's move tried to subvert this engine of growth . If he really wishes cheap plots for poor then state has no dearth of lands under it, they can ban transfer of such allotment altogether as was case in Islamabad before Bhutto . Dar is not documenting economy he is ruining it . Despite low oil prices exports are falling , agriculture is going down , now estate and corporate (see new link of mine) are under attack . He is acting as Dheemak of civil servants who want every thing under their thumb so as to ruin it .

 

[amir_ali]

Estate is the main engine of economy after agriculture has started to falter owing to high pesticide costs , low water availability and migration to cities . Ishaq Dar's move tried to subvert this engine of growth . If he really wishes cheap plots for poor then state has no dearth of lands under it, they can ban transfer of such allotment altogether as was case in Islamabad before Bhutto . Dar is not documenting economy he is ruining it . Despite low oil prices exports are falling , agriculture is going down , now estate and corporate (see new link of mine) are under attack . He is acting as Dheemak of civil servants who want every thing under their thumb so as to ruin it .

You are mixing development with estate, development work is in full swing in Pakistan, it is beneficial to economy and population as is creates direct job opportunities, almost all other industries are linked with it. The estate only favours a hand full of people.

 

[shaikh]

You are mixing development with estate, development work is in full swing in Pakistan, it is beneficial to economy and population as is creates direct job opportunities, almost all other industries are linked with it. The estate only favours a hand full of people.

OH NO , a big mistake is being made here , The Estate buying and selling is just the engine , the train itself is all industries the linked to construction , like steel, cement , brick, ceramics, interior decorations , electrical , pipes , hardware , lightings , paints , fans , and hundred of other items . If you block the engine , you block all . After Agriculture ,and textile this is biggest job giver which Dar is teasing foolishly .