Economic Policies of Nawaz Sharif in 90s - Appreciated Internationally

[Tiger Awan]

Oh, they were such great policies, the world bank still remembers them, every Pakistani still remembers them.

1. Freeze the dollar accounts .... a shock to Pakistan's economy that is still shaking.

Look at the circumstances, if you think we should not have tested atomic bombs then :/

but if you think we should have tested then we had to face such problems

2. EMPTY Foreign reserves !

Check State Bank of Pakistan report on reserves in 2001, from where that money came???? mush ka aik bayan and its a fact now lol

3. Tell people about the "Kashkol" policies, and the resultant jokes !

Saifullah, don't lie to people like this.

if you are paid to come to internet forums and post lies, than you need to get some fair mean of employment.

IF you happen to be a policitician, or from a politician, I wish and pray that you rot in hell along with your ancestors and young.

You call this Kashkol????

 

[Saifullah Sani]

aukat unko batai tou bura maan gaye ?

LANGUAGE MR

 

[Tiger Awan]

LANGUAGE MR

This is the best language they can use and administration think there is no harm.

 

[Saifullah Sani]

This is the best language they can use and administration think there is no harm.

wait a minute actually he is a part of administration

 

[Leader]

Nawaz Sharif’s Bushonomics for Pakistan

Following up on Nawaz Sharif’s 10% Disaster Economics – Sayem Ali explains how Nawaz Sharif’s economic plan so closely resembled G Bush vision which lead to the world financial crisis in the US history after WW II
“I received some interesting responses to my previous article titled, ‘Nawaz’s 3E formula’. Dr Abbasi in his letter to the editor defended Nawaz Sharif’s 3Es policy of massive tax cuts to big business and the top 10 percent income earners. According to Dr Abbasi, similar tax cuts to big business encouraged higher investment spending and created more jobs in Europe and the US. Hence, Dr Abbasi suggests Nawaz Sharif’s 10-percent tax formula will work in Pakistan. I strongly disagree.
The tax cuts implemented by George Bush for big business and wealthy taxpayers led to the worst financial crisis in the US since World War II and caused record unemployment and sharp rise in poverty. Corporate tax rate was slashed from as high as 39.6 percent down to 15 percent and hefty tax breaks were doled out to wealthy individuals. These tax cuts were supposed to encourage higher spending by big banks, oil companies and multinationals for new job creation. Instead, big business and wealthy taxpayers used the money to bet on the stock markets and real estate, leading to a flush of liquidity in speculative investments. Instead of investing in the real economy and creating jobs, the money from the tax cuts created asset bubbles. When the bubble burst in 2008, the whole world was left reeling”
Pakistan’s rich & famous will NOT behave any differently
The News: Bushonomics in Pakistan – Sayem Z Ali
- shared on Facebook by Awab Alvi
Nawaz Sharif’s Bushonomics for Pakistan | Teeth Maestro


haha

 

[ziaulislam]

running uner IMF
having virtual no foreign reserves and most importantly shunning project like thar sandek copper mining
strict policies to reduce foreign investment and most of all blocking all foreign accounts creating massive panic were his great achievements

however, for the common man, especially of KPK, the greatest achievement was blocking all wheat supply!!
thats why u wouldnt find a single supporter in peshawr !

 

[Sinnerman108]

Look at the circumstances, if you think we should not have tested atomic bombs then :/

but if you think we should have tested then we had to face such problems



Check State Bank of Pakistan report on reserves in 2001, from where that money came???? mush ka aik bayan and its a fact now lol



You call this Kashkol????

Both of these, PML liars.

Pay attention to the Nawaz Sharif years !

now lets talk about Foreign reserves

1999 -------------- 1.96 Billion Dollars
2007 -------------- 16.4 Billion Dollars
2008 -------------- 8.89 Billion Dollars
2009 -------------- 17.21 Billion Dollars.


Poverty Level

1999 ------------- 34%
2007 ------------- 24 %

Now, look at the interest rates, which were at 20% level thanks to the inflation and corruption by Bhola and Bhutto company.

 

[Tiger Awan]

Both of these, PML liars.

Pay attention to the Nawaz Sharif years !

now lets talk about Foreign reserves

1999 -------------- 1.96 Billion Dollars
2007 -------------- 16.4 Billion Dollars
2008 -------------- 8.89 Billion Dollars
2009 -------------- 17.21 Billion Dollars.


Poverty Level

1999 ------------- 34%
2007 ------------- 24 %

Now, look at the interest rates, which were at 20% level thanks to the inflation and corruption by Bhola and Bhutto company.

Take a close look. Pmln inherited the worst GDP but still improved it ( despite Nuclear test etc )

And regarding forieng reserves i told you, you. Look at 2000 and 2001 numbers, there was a sudden increase in them ( with no explanation )

And regarding interest rates the graph is for a very short period of NS govt,

 

[AZADPAKISTAN2009]

I do not approve of Ganja

Time for fresh blood , with out Ganja pan


All I remember of Nawaz is yellow cab scheme , that is all they can think of

The number of hair left on the head is equad to the number of yellow cabs left in service idiotic policies