bari bari baaten...hmm hmmm hmmm !!
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aamerjamal
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اے طائرِ لاہوتی۔۔۔۔۔ چل آئی ایم ایف تَوں منگن چلئیے
aaj nawaz sharif kashkool lay ker phir raha tha IMF kay darbar mien !!
sath mein uska yateem ishaq dar bhi tha...
so to pay interest of IMF loan, they are out there begging IMF to give more loan so that they can pay the interest installment !!
@Jazzbot @Awesome @nuclearpak @Zarvan
@aks18 @jaibi
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@cb4 @Fracker I think one of you had some integrity in this matter? anything to say?
and I asked a simple question: what have pmln put in budget or a plan to raise revenue or allocated revenue to pay off this loan/interest installment?
lolololololol.......... KPK budget tax free. or in ki batain sunooo pencil khatak jis budget ko super duper samajh raha hai us k liye additional paisey kis ney diye.......
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Pakistanisage
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We go to IMF like a DRUG ADDICT who needs a FIX. Instead of correcting the problem that fixes underlying causes, we keep borrowing more and more and pay more than half of our GDP in Interest payments. So now we will be paying 75% of GDP in interest payments and again we will need to go to IMF to run the Government till this Nation goes bankrupt.
Zarvan
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اے طائرِ لاہوتی۔۔۔۔۔ چل آئی ایم ایف تَوں منگن چلئیے
aaj nawaz sharif kashkool lay ker phir raha tha IMF kay darbar mien !!
sath mein uska yateem ishaq dar bhi tha...
so to pay interest of IMF loan, they are out there begging IMF to give more loan so that they can pay the interest installment !!
@Jazzbot @Awesome @nuclearpak @Zarvan
@aks18 @jaibi
----------------------------------------------
@cb4 @Fracker I think one of you had some integrity in this matter? anything to say?
and I asked a simple question: what have pmln put in budget or a plan to raise revenue or allocated revenue to pay off this loan/interest installment?
they may get loan on their terms because if IMF doesn't agree than they may go to Saudi Arabia and u.a.e and Qatar to get money because Pakistan need money and need it fast
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اے طائرِ لاہوتی۔۔۔۔۔ چل آئی ایم ایف تَوں منگن چلئیے
aaj nawaz sharif kashkool lay ker phir raha tha IMF kay darbar mien !!
sath mein uska yateem ishaq dar bhi tha...
so to pay interest of IMF loan, they are out there begging IMF to give more loan so that they can pay the interest installment !!
@Jazzbot @Awesome @nuclearpak @Zarvan
@aks18 @jaibi
----------------------------------------------
@cb4 @Fracker I think one of you had some integrity in this matter? anything to say?
and I asked a simple question: what have pmln put in budget or a plan to raise revenue or allocated revenue to pay off this loan/interest installment?
unless Imran becomes Asherfi $hitting donkey there is no other way
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اے طائرِ لاہوتی۔۔۔۔۔ چل آئی ایم ایف تَوں منگن چلئیے
aaj nawaz sharif kashkool lay ker phir raha tha IMF kay darbar mien !!
sath mein uska yateem ishaq dar bhi tha...
so to pay interest of IMF loan, they are out there begging IMF to give more loan so that they can pay the interest installment !!
@Jazzbot @Awesome @nuclearpak @Zarvan
@aks18 @jaibi
----------------------------------------------
@cb4 @Fracker I think one of you had some integrity in this matter? anything to say?
and I asked a simple question: what have pmln put in budget or a plan to raise revenue or allocated revenue to pay off this loan/interest installment?
Do you even know what "Bailout" means in economy? Barray ay economist. "Bailout" is not a new loan but extension to pay old one. Don't expect them to find some treasury which will get them out and let them to pay whole loan right away.
They also need to take care some of the barking dogs, which will definitely hurt their performance.
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SBD-3
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Whats the interest of the country? default? Just google and see what happened to Argentina kid!
And btw it was you who opened the thread "Imran will collect taxes and NS will go to IMF: Choice is yours". And do let me know if PTI had shown any spine whatsoever to raise taxes in their first test (Budget 2013). Jo ghora pehli race main he har jai woh agay kaya karay ga.
SBD-3
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The problem is that Media knows the economists of Gali Mohallah. Even the economists we are prominently shown at media are just there because they fall into "Andhon main kana raja". These economists are only good for publishing in an urdu newspaper.
SBD-3
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Now take an example of this column published today in Jang.
See how unrealistic claims are made
1-Dr Shahid sahib claims that 0.5% of tax (which is, in fact, not a tax but a income support levy) is imposed upon the assets of people who have already paid tax on their incomes. Now this levy is applicable to all those people who maintain movable assets (Cars,Bank Accounts etc) and not all of them are in tax net.
2-Dr Sahib claim that at current, the tax potential is around 8500 Billion PKR which roughly translates into 43% of Tax to GDP which is very unrealistic. Tax to GDP can't increase overnight because taxation potential increases with real GDP growth. Unless GDP doesn't grow by an impressive percentage, the taxation potential will always remain undermined.
3- Dr sahib puts illegal money at 23000 billion PKR which roughly is 1.15 times more than the current economy. Even the most liberal empirical estimates put the total undocumented economy as 50% of the current economy ( most of the empricial estimates put it around ~30-40%) which rougly translates into 10000 Billion PKR. An important consideration here is that even in black economy, the income distribution is just like documented economy. So it is also inappropriate to say that all 10000 Billion PKR can be taxed. Reference 1 Reference 2
4- Dr sahib further claims that Sales tax has been increased by 6.25% ((17-16)/16). However, doctor sahib forgets that both taxes are already in percentage point and when percentage indicator changes, its change is always indicated in real change rather than relative change. For example the tax increase is 1%, not 6.25%. This percentage is used when the underlying are not in percentage terms.
5- Doctor sahib notes,"instead of increasing FX reserves, IMF bailout package was approached". Now even a common person in Pakistan knows that Pakistan's economy and exports growth has haulted due to energy crisis. If State Bank of Pakistan had the authority to print US Dollars (which it doesn't) only then we could increase our FX reserves at will. So I don't know how Pakistan could increase FX reserves when its FX earning hubs lie dead due to power shortages.
See how unrealistic claims are made
1-Dr Shahid sahib claims that 0.5% of tax (which is, in fact, not a tax but a income support levy) is imposed upon the assets of people who have already paid tax on their incomes. Now this levy is applicable to all those people who maintain movable assets (Cars,Bank Accounts etc) and not all of them are in tax net.
2-Dr Sahib claim that at current, the tax potential is around 8500 Billion PKR which roughly translates into 43% of Tax to GDP which is very unrealistic. Tax to GDP can't increase overnight because taxation potential increases with real GDP growth. Unless GDP doesn't grow by an impressive percentage, the taxation potential will always remain undermined.
3- Dr sahib puts illegal money at 23000 billion PKR which roughly is 1.15 times more than the current economy. Even the most liberal empirical estimates put the total undocumented economy as 50% of the current economy ( most of the empricial estimates put it around ~30-40%) which rougly translates into 10000 Billion PKR. An important consideration here is that even in black economy, the income distribution is just like documented economy. So it is also inappropriate to say that all 10000 Billion PKR can be taxed. Reference 1 Reference 2
4- Dr sahib further claims that Sales tax has been increased by 6.25% ((17-16)/16). However, doctor sahib forgets that both taxes are already in percentage point and when percentage indicator changes, its change is always indicated in real change rather than relative change. For example the tax increase is 1%, not 6.25%. This percentage is used when the underlying are not in percentage terms.
5- Doctor sahib notes,"instead of increasing FX reserves, IMF bailout package was approached". Now even a common person in Pakistan knows that Pakistan's economy and exports growth has haulted due to energy crisis. If State Bank of Pakistan had the authority to print US Dollars (which it doesn't) only then we could increase our FX reserves at will. So I don't know how Pakistan could increase FX reserves when its FX earning hubs lie dead due to power shortages.
Devil Soul
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I admit that i dunno much about Economics, but yesterday on GEO, quite a few Economists interviewed were of the view that PAK needs to sit with IMF ASAP instead of going to so called brotherly nations, on the other hand its not easy to please the masses, if u goto IMF your criticized, if you goto so called brotherly countries ur criticized, if you impose tax ur criticized, in my humble opinion we are at that stage that we need to take unpopular decisions...
Leader
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https://www.facebook.com/video/embed?video_id=137109499827413[video]https://www.facebook.com/video/embed?video_id=137109499827413[/video]
Marshmallow
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Damned @Leader, I came to PDF to post this video in Stupid & Funny thread, but after seeing your post, I think this video better belongs here..
@nuclearpak @Armstrong @AstanoshKhan @mafiya @Slav Defence @Marshmallow @Talon @jaibi @Mani2020 @Echelon check this video out..
lolssss ye lion ki awaz kisi hey?
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Jazzbot
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