Reviewing Nawaz Sharif Government's Performance in First 100 Days

RiazHaq

Senator (1k+ posts)
http://www.riazhaq.com/2013/09/foreign-investment-up-load-shedding.html

FDI is up and load-shedding is down during Prime Minister Nawaz Sharif's government's first 100 days. However, there has been little progress on resolving fundamental issues such as lack of security, growing budget deficits, high current account deficits and continuing heavy subsidies to the power sector and various public sector enterprises like Pakistan Steel Mills, PIA, Railways, etc.

Foreign Inflows Jump:

Prime Minister Nawaz Sharif's first 100 days in office have seen a significant increase in foreign capital inflows.

Pakistan has $105.4 million foreign direct investment (FDI) in the first two month of the current fiscal year 2013/14 compared to $52.4 million received during the same month of the previous year, according to a Reuters' report. This is a continuation of the trend from the PPP government's last year in office which saw 76% year-over-year jump to reach nearly $1.5 billion foreign investment in fiscal year 2012-13.


Foreign remittances from Pakistani diaspora also saw a 7% increase to reach $2.64 billion in July-Aug 2013. IN addition, Pakistan reached a deal with IMF for $6.6 billion loan and the first tranche of $500 million was disbursed last week.

Load Shedding Decreases:

Circular debt payment of $5 billion by the government has induced power companies to buy more fuel and better utilize installed generating capacity in the last two months. As a result, the people are experiencing fewer hours of load shedding across the country.

The fundamental issue of the gap between cost of generating electricity and the electricity revenue receipts still remains. However, the Nawaz Sharif government is pushing higher electricity rates and lower fuel cost options to reduce this gap. Meanwhile, the circular debt has piled up again to nearly $1 billion in just the last two months. If this debt continues to mount and the government fails to clear it, the load shedding is likely to significantly increase soon.

Terrorism:

Prime Minister Nawaz Sharif's government is trying to start talks with the Taliban militants in an effort to reduce the mounting death toll in terrorist attacks. An all-parties conference in Islamabad has endorsed peace talks with the Pakistani Taliban. The TTP leadership has welcomed the talks offer but it has continued to kill soldiers, policemen and civilians to dictate terms to Pakistan government. This was brought in sharp focus when the Taliban killed a top general in Upper Dir recently. The Taliban appear to be exploiting the perceived weakness being communicated by the government in response to continuing attacks.



Recent data from South Asia Terrorism Portal indicates a decline in overall death rate from terrorism but it also shows that more security personnel are continuing to lose their lives in such attacks.

Structural Problems Remain:

Pakistan imports a lot more than it exports. Exports add up to about $25 billion while imports stand at about $45 billion. Similarly, Pakistani government spends a lot more than it takes in as revenue, leaving a budget gap of 6-7% of GDP. It is forced beg and borrow billions of dollars a year to fill this gap. Fundamental structural issues remain in terms of high current account deficits, widening gap between public revenue and spending, and large subsidies to public sector units including the power sector sapping public treasury. FBR is missing revenue target of Rs 2.5 trillion by Rs. 130 billion, according to an International Monetary Fund (IMF) assessment. Debt is accumulating again in the power sector. Economic growth is barely keeping up with population growth. Creation of new jobs lags growth of new entrants into the work force. National savings rate is only about 10% of GDP which reduces domestic investments needed for the future.

Future:

Reviving economic growth is the biggest challenge facing the Sharif administration. It's going to be difficult to revive the economy without structural reforms to increase domestic and attract foreign investments, which in turn requires solving the basic issues of terrorism, energy shortages and tax collection.

Here's a video discussion on the subject and other topics:


Viewpoint from Overseas host Faraz Darvesh discusses with Riaz Haq and Ali Hasan Cemendtaur performance of the Nawaz Sharif Government in its first 100 days; Pakistani government’s talks with the Taliban and the need to have a public opinion against the Taliban version of false Islam; Sumbul rape case in Lahore; Women’s rights in Pakistan; and Sheema Kermani and Dr. Shershah Syed’s recent of the San Francisco Bay Area to raise funds for the Koohi Goth Hospital, Landhi.
This show was recorded at 1 pm PST on Thursday, September 19, 2013.
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http://www.riazhaq.com/2013/09/foreign-investment-up-load-shedding.html
 
Last edited:

janijoker

Minister (2k+ posts)
Nation is not satisfied with Nawaz govt because of rapid increase in INFLATION...It seems Ishaaq Dar will drown Nawaz Govt by economical policy blunders....We still hope that govt will take right steps to revive economy,address energy and terrorism issue....More time should be given to Fed Govt for implementation of their policies...GOOD LUCK
 

scholar

Chief Minister (5k+ posts)
میاں صاحب آوٹ آف ماینڈ ہیں اس لیے 0 پر آوٹ ہو گیں ہیں
 

NasNY

Chief Minister (5k+ posts)
میاں صاحب آوٹ آف ماینڈ ہیں اس لیے 0 پر آوٹ ہو گیں ہیں

Tum Jantay nahee tumhari bath mai kitna sach hai.

http://www.espncricinfo.com/usa/content/player/42259.html


Nawaz Sharif

Pakistan



Full name Nawaz Sharif
Born December 25, 1949, Lahore
Current age 63 years 271 days
Major teams Pakistan Railways
Batting style Right-hand bat

635820.html


Batting and fielding averages
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[TR="class: head"]
[TH="class: left"][/TH]
[TH]Mat[/TH]
[TH]Inns[/TH]
[TH]NO[/TH]
[TH]Runs[/TH]
[TH="class: padAst"]HS[/TH]
[TH]Ave[/TH]
[TH]100[/TH]
[TH]50[/TH]
[TH]4s[/TH]
[TH]6s[/TH]
[TH]Ct[/TH]
[TH]St[/TH]
[/TR]
[TR="class: data1"]
[TD="class: left"]First-class[/TD]
[TD]1[/TD]
[TD]1[/TD]
[TD]0[/TD]
[TD]0[/TD]
[TD="class: padAst"]0[/TD]
[TD]0.00[/TD]
[TD]0[/TD]
[TD]0[/TD]
[TD]0[/TD]
[TD]0[/TD]
[TD]0[/TD]
[TD]0[/TD]
[/TR]
[/TABLE]
Bowling averages
[TABLE="class: engineTable"]
[TR="class: head"]
[TH="class: left"][/TH]
[TH]Mat[/TH]
[TH]Balls[/TH]
[TH]Runs[/TH]
[TH]Wkts[/TH]
[TH]BBI[/TH]
[TH]BBM[/TH]
[TH]Ave[/TH]
[TH]Econ[/TH]
[TH]SR[/TH]
[TH]4w[/TH]
[TH]5w[/TH]
[TH]10[/TH]
[/TR]
[TR="class: data1"]
[TD="class: left"]First-class[/TD]
[TD]1[/TD]
[TD]-[/TD]
[TD]-[/TD]
[TD]-[/TD]
[TD]-[/TD]
[TD]-[/TD]
[TD="class: padDp2"]-[/TD]
[TD="class: padDp2"]-[/TD]
[TD="class: padDp1"]-[/TD]
[TD]-[/TD]
[TD]-[/TD]
[TD]-[/TD]
[/TR]
[/TABLE]
Career statistics
[TABLE="class: engineTable"]
[TR="class: data1"]
[TD="class: left"]First-class span[/TD]
[TD="class: left"]1973-1974[/TD]
[/TR]
[/TABLE]
Profile
Nawaz Sharif was a right-hand batsman who made a duck in his only appearance for Railways against PIA in 1973-74. He then served two terms as Pakistan's prime minister, firstly between November 1990 and July 1993 and then from February 1997 to October 1999 when he was ousted by a coup led by General Pervez Musharraf. He was subsequently banned from holding public office for 21 years, and was exiled to Saudi Arabia. He returned in 2007 and won the 2013 general elections - in which his main opponent was the former Pakistan captain Imran Khan - and secured his third term as prime minister.
Cricinfo staff
 

scholar

Chief Minister (5k+ posts)
Tum Jantay nahee tumhari bath mai kitna sach hai.

http://www.espncricinfo.com/usa/content/player/42259.html


Nawaz Sharif

Pakistan



Full name Nawaz Sharif
Born December 25, 1949, Lahore
Current age 63 years 271 days
Major teams Pakistan Railways
Batting style Right-hand bat

635820.html


Batting and fielding averages
[TABLE="class: engineTable"]
[TR="class: head"]
[TH="class: left"][/TH]
[TH]Mat
[/TH]
[TH]Inns
[/TH]
[TH]NO
[/TH]
[TH]Runs
[/TH]
[TH="class: padAst"]HS
[/TH]
[TH]Ave
[/TH]
[TH]100
[/TH]
[TH]50
[/TH]
[TH]4s
[/TH]
[TH]6s
[/TH]
[TH]Ct
[/TH]
[TH]St
[/TH]
[/TR]
[TR="class: data1"]
[TD="class: left"]First-class
[/TD]
[TD]1
[/TD]
[TD]1
[/TD]
[TD][/TD]
[TD][/TD]
[TD="class: padAst"][/TD]
[TD]0.00
[/TD]
[TD][/TD]
[TD][/TD]
[TD][/TD]
[TD][/TD]
[TD][/TD]
[TD][/TD]
[/TR]
[/TABLE]
Bowling averages
[TABLE="class: engineTable"]
[TR="class: head"]
[TH="class: left"][/TH]
[TH]Mat
[/TH]
[TH]Balls
[/TH]
[TH]Runs
[/TH]
[TH]Wkts
[/TH]
[TH]BBI
[/TH]
[TH]BBM
[/TH]
[TH]Ave
[/TH]
[TH]Econ
[/TH]
[TH]SR
[/TH]
[TH]4w
[/TH]
[TH]5w
[/TH]
[TH]10
[/TH]
[/TR]
[TR="class: data1"]
[TD="class: left"]First-class
[/TD]
[TD]1
[/TD]
[TD]-
[/TD]
[TD]-
[/TD]
[TD]-
[/TD]
[TD]-
[/TD]
[TD]-
[/TD]
[TD="class: padDp2"]-
[/TD]
[TD="class: padDp2"]-
[/TD]
[TD="class: padDp1"]-
[/TD]
[TD]-
[/TD]
[TD]-
[/TD]
[TD]-
[/TD]
[/TR]
[/TABLE]
Career statistics
[TABLE="class: engineTable"]
[TR="class: data1"]
[TD="class: left"]First-class span
[/TD]
[TD="class: left"]1973-1974
[/TD]
[/TR]
[/TABLE]
Profile
Nawaz Sharif was a right-hand batsman who made a duck in his only appearance for Railways against PIA in 1973-74. He then served two terms as Pakistan's prime minister, firstly between November 1990 and July 1993 and then from February 1997 to October 1999 when he was ousted by a coup led by General Pervez Musharraf. He was subsequently banned from holding public office for 21 years, and was exiled to Saudi Arabia. He returned in 2007 and won the 2013 general elections - in which his main opponent was the former Pakistan captain Imran Khan - and secured his third term as prime minister.
Cricinfo staff
wah je ap ko tu bohat knowledge hain ...(clap)
 

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