[/COLOR]And I very clearly gave you the reasons as to why those countries dont have to panic, and why we do. With a rolling manufacturing and service sector, India doesnt need to worry about i)investors, and ii)source of funds to pay its next import bill. Whereas we are without a rolling manufacturing and service sector. We rely on i)expat remittances to get a cheaper dollar, and ii)foreign lenders to pay off our debt servicing bills. Trade figures dont even figure in our bill payments. How sad is that?
Somehow PMLN always likes to use scare tactics to further their agenda..like you just did here. Who said anything about selling nuke assets? Who said to go and offer everything to west in return for cheap loans? Goes to show you havent been reading what good economists have been shouting all this time. Foreign investors dont invest in assets inside Pakistan because of our inherently corrupt structure. Why do you think China was able to sign obscenely high interest based contracts in just a few months? MOUs worth $42 billion take years to finalize, before all details are ironed out. Instead, our govt offered them obscenely high rate of return, and the chinese jumped at the chance, not knowing if they would come across someone this stupid again. Bloody 32% guaranteed return on the USD. This is called sub prime lending. Google it, and see what it did to America's housing and economy in the late 2000s.
Please buddy...you have to be real! PTI has presented a bill for FBR audits, starting from MNAs...not once, not twice, but thrice. Twice , it was not even put up for debate. The third time, it was shot down by Dar. And you say Imran can do it all even though PMLN has majority in the assembly?
Electoral reforms committee has taken 3 years to finalize its recommendations, that too after incessant prodding by PTI. But I dont know if it is in time to institute these reforms before next elections. Guess PMLN succeeded there as well.
Surely you havent been reading what I posted earlier, else you wouldnt repost this statement. IPPs can help us right now..not in Zardari's era. IPPs run on furnace oil, which is cheap right now, and should be utilized. Instead, the govt is hoarding oil in order to profit from higher prices later. Old game being played. During Musharraf's era, they should have been used, which they didnt.But then again, load shedding wasnt that bad during Musharraf era.
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