Financial terrorism committed by the Govt-Military duos

[VCheng]

The proof is the proof and that's the proof.

One of the best lines on PDF I have read lately.

 

[CriticalThought]

Look I tell you one thing when I see Indian media they have enemies number one Pakistan army and imran khan rite? If imran khan and Pakistan army is enemy of Pakistan as per your claim and india take them as enemy as well. What should I think about you.. they are enemies of Pakistan then India must be happy of those two. Do you understand what I am saying? They both doing something which is hurting Pakistan's enemies.

What would happen if Indian media started singing songs about Bajwa and Khan? They will become instant traitors in the eyes of Pakistanis. Apply some game theory and common sense. Your enemy knows exactly how to manipulate you. Will you get manipulated by the enemy?

 

[CriticalThought]

@CriticalThought

1. Neutral tone is advised for 'constructive criticism' - if this was the intent. By declaring both sitting PM and COAS as traitors, you did disservice to yourself and your article in one stroke.

Do you always emphasize this neutrality? Do you always call out when some is being biased? No you don't. As a matter of fact, you have a history of pushing American supremacy in people's minds. So of course you take issue as soon as I point fingers at your master's puppets.

The title could be like: What the current Pakistani establishment is doing wrong? Something on these lines.

No it can't. There is a reason why I chose the words I used. You want some different words, write an article yourself.

2. IMF does not choose its targets. Economically struggling countries (with Balance-of-Payment crisis) go to IMF to bail them out instead.

IMF is not a charity organization in fact. It will inject liquidity into the borrower (i.e. an economically struggling country) and push for macroeconomic reforms in it through which it will be able to recover its investment and the borrower will be able to move forward as well. These reforms can be tough on Public pockets unfortunately.

https://www.imf.org/en/About/Factsheets/Where-the-IMF-Gets-Its-Money

You also have a history of quoting advertising material that glorifies the West. Of course IMF says all that about itself. But this is a thread for mature people to discuss the true motivation behind IMF's actions. I am sure you are aware of the concept of economic hitmen. Let me open the eyes of fellow Pakistanis.

3. How Pakistan landed in FATF Grey List?

NOTE: The FATF is a global watchdog for money laundering and terror financing.

Food for thought in following articles:

https://www.researchgate.net/publication/271471250_Money_Laundering_In_Pakistan

Money laundering and terror financing: issues and challenges in Pakistan | Emerald Insight

1

www.emerald.com

Nobody is denying that Pakistan had a money laundering problem. But being the agent of West you are, you are dishonestly focusing on Pakistan's problems to make the case for Pakistan's enlisting on the gray list. So let me open your eyes and the eyes of others. Here is money laundering happening in Australia:

This article is from Jan 2021

Aussie banks laundered $500m for cocaine cartels

Sophisticated criminal networks laundered half a billion dollars through nine Australian financial institutions over four years, the Border Force says.

www.afr.com

This from Sep 2020

These are the Australian banks named in leaked files as having helped move potentially dirty money around the world

The leaked FinCEN Files, published in part on Monday, show how big banks have helped move dirty money around the world for criminal networks. While big global banks are responsible for the bulk of the transactions, which helped launder money, circumvent international sanctions, and facilitate...

www.businessinsider.com.au

So why isn't Australia on the grey list? Because the Australian government doesn't go around telling the whole world 'We have a money laundering problem and the world is at risk from us'. It doesn't tell the world 'We have no clue at all how to identify and fight money laundering'. If any government does this, it is sure to land in the grey list. And Imran Khan made sure of it. Personally.

3.1. It is important to understand WHEN and HOW corruption took roots in Pakistan.

3.2. It is also important to understand and monitor the Flow(s) of Funds under the garb of charities and religious sentiments.

The tragedy of Pakistan is that it failed to produce many visionary and sincere leaders after the unexpected assassination of PM Liaquat Ali Khan. Pakistan became mired in political rivalries involving military leaders and influential families. It took many years for the country to understand that this political dynamic is damaging to the country.

That both PM and COAS are on the same page on various matters and issues of national significance, is something to be appreciated and a good political dynamic for the country.

You just declared the sitting PM-COAS parternship BKT on the other hand?

View attachment 773494

Because both traitors are on the same page on being slaves to their Western masters. Now face palm that. And OP along with my discussion on this thread are the exposé on their criminal nature.

Do I need to expand on the Money Laundering activities of PML(N) leaders? The 'corruption' aspect of previous GOP?

Pakistan is in dire need of the Culture of Accountability. I give you this.

Please do. Open people's eyes on the sordid deeds of leaders past and present. I have taken up the battle against the present ones, you can open another front if you like.

 

[VCheng]

. IMF does not choose its targets. Economically struggling countries (with Balance-of-Payment crisis) go to IMF to bail them out instead.


IMF is not a charity organization in fact. It will inject liquidity into the borrower (i.e. an economically struggling country) and push for macroeconomic reforms in it through which it will be able to recover its investment and the borrower will be able to move forward as well. These reforms can be tough on Public pockets unfortunately.

If only people understand this simple concept. The IMF is not a villain, but a rescuer of last resort that helps its member countries balance their books when their own financial management has failed.

 

[CriticalThought]

The FATF had placed Pakistan on the grey list in June 2018, before IK was elected Prime Minister of Pakistan.

Go read the link in OP again. In June 2018, Pakistan had been identified as having serious deficiencies and given time to implement reforms. And during that time Imran Khan told the world 'Look, we have terrorists'.

I love your proofs. The proof is the proof and that's the proof

Just remove the 'r' from proofs. That's what you really love.

If only people understand this simple concept. The IMF is not a villain, but a rescuer of last resort that helps its member countries balance their books when their own financial management has failed.

You should be his heroin. Now don't make an R rated Hollywood movie, you naughty girl.

 

[VCheng]

You Indian nothing to do with profs.. tea was fantastic n it was great prof n still you guys think it was your victory lol

Any proof I am an Indian?

 

[CriticalThought]

Any proof I am an Indian?

I was trying to make you a Hollywood heroin and here you are looking for Bollywood roles. Oh well...

 

[VCheng]

I was trying to make you a Hollywood heroin and here you are looking for Bollywood roles. Oh well...

So where is your proof? Oh wait, just like before, you have none.

How typical!

Now, lets us talk about your original fountain of bullcrap in the OP.

 

[CriticalThought]

So where is your proof? Oh wait, just like before, you have none.

How typical!

Now, lets us talk about your original fountain of bullcrap in the OP.

Take a long walk, relax, take a deep breath, and read what you wrote. You are starting to talk nonsense.

 

[Cash GK]

One of the best lines on PDF I have read lately.

You Indian nothing to do with profs.. tea was fantastic n it was great prof n still you guys think it was your victory lol

What would happen if Indian media started singing songs about Bajwa and Khan? They will become instant traitors in the eyes of Pakistanis. Apply some game theory and common sense. Your enemy knows exactly how to manipulate you. Will you get manipulated by the enemy?

Now you talking about possibilities rit.....aha putwario ah

 

[Zibago]

Only a boomer who never studied basic economics would write something this bizzare

If only people understand this simple concept. The IMF is not a villain, but a rescuer of last resort that helps its member countries balance their books when their own financial management has failed.

People want to pay zero taxes and want subsidies for products that arent even produced in Pakistan

Tough love IMF recommends is actually a cure for our economic issues

 

[CriticalThought]

Only a boomer who never studied basic economics would write something this bizzare

People want to pay zero taxes and want subsidies for products that arent even produced in Pakistan

Tough love IMF recommends is actually a cure for our economic issues

No it isn't. The IMF program initially envisages balancing the books and then FDI. This is a recipe for economic dependence like Taiwan and Vietnam. Which is exactly the dream of Pakistani libturds - to keep groveling at the feet of their masters and celebrate the bits and pieces they receive. These servile people will sell their values, their religion, their honor to receive praise and validation from their masters. There are those of us who don't want such a fate.

 

[maverick1977]

NOTE: This article includes suggestions about dealing in interest bearing instruments. Interest is Haram in Islam and the author abides by this Islamic teaching. Unfortunately, a discussion on the problems of Pakistan's interest based economy necessarily needs to include interest based solutions. The discussion on how to convert the economy to a non-interest one is out of the scope of this article, and beyond the capabilities of this author. More knowledgeable people and actual religious scholars are encouraged to inform everyone on this very important topic.

I have on many occasions criticized the Bajwa-Khan duopoly that has ensnared Pakistan within its heinous tentacles. I have maintained that this regime is taking Pakistan towards complete Western takeover and eventual secession into multiple independent countries. One important component of this heinous crime is financial subjugation of Pakistan. I feel the BKT (Bajwa-Khan Traitorship) has shown its true nature by perpetrating terrorist policies, and the time is now ripe to bare these policies in front of Pakistan.

First let us review the high level roadmap of BKT's malicious plan:

1. Circa April 2019 - Imran Khan accepts the existence of terrorists in Pakistan during visit to Iran, thus going against Gen Raheel's policy to deny the existence of terrorists within Pakistan. https://www.dawn.com/news/1477837

2. Circa May 2019 - Influence China to stop blocking the declaration of Maulana Masood Azhar as a global terrorist. https://www.thenews.com.pk/print/465278-un-to-declare-masood-azhar-a-global-terrorist-today

3. Circa June 2019 - Pakistan is put into the FATF gray list. https://www.dawn.com/news/1418143

So far, everyone can understand the anti-Pakistan machinations of these traitors. In this article, we shall discuss at length the more obscure parts of this plan:

4. Circa June 2019 - Pakistan agrees to IMF conditions that go against its national interests. The relevant program can be accessed here: https://www.imf.org/en/Publications...he-Extended-Fund-Facility-Press-Release-47092

5. Under the IMF program, a huge focus is given to increasing government revenue through tax collection. This has been a multi-year odyssey of the PTI government.

6. Under the IMF program, key financial positions are given to IMF agents. The Governor State Bank Raza Baqir, FBR Chairman Shabbar Zaidi, and Adviser later to be Finance Minister Hafeez Shaikh have all served in IMF or World Bank.

7. A superfluous strengthening of the Rupee is seen which is followed by a sudden drop.

8. A superfluous improvement in Current Account Deficit is seen which is followed by a sharp increase.

9. The agenda of privatizing key government entities is pushed.

10. No attention to flight/loss of capital in the name of 'exports'.

All the while, no one amongst Pakistan's intelligentsia and political elite has the motivation or capability to speak truthfully about the country's troubles and how to fix them. This gives a free hand to BKT to shamelessly tout their treason as economic growth and improvement.

In what follows, I will first explain the real problem being faced by Pakistan, and the actual solutions needed to fix them. It will be abundantly clear how BKT's policies amount to financial terrorism.

Dollars - Pakistan's biggest problem

Pakistan's biggest problem today is the dollar denominated debt that needs to be paid to the tune of approximately 10 billion dollars every year. Any sensible person would argue that Pakistan needs to generate dollars to pay back this debt. Instead, under IMF dictation, the sole focus is on revenue collection in Rupees. These need to be converted into dollars, thus weakening the rupee even further just by paying back debt. The practical outcome of this insidious policy is the strengthening of PKR when debt was temporarily suspended due to COVID. As soon as the COVID crises ended, the PKR lost that strength. This is exactly the IMF plan to keep a country forever indebted: by focusing on revenue collection in the vernacular currency, subjecting the country to exchange rate shocks when it is converted into dollars on the international market.

Instead of highlighting this fundamental problem and discussing solutions for it, BKT has built and controlled a false narrative around CAD (Current Account Deficit) and revenue generation.

So this is Pakistan's question to BKT terrorists: why are you forwarding IMF's agenda to keep Pakistan under ever increasing debt?

Earning dollars - The fix for Pakistan's problems

Let us discuss the means through which Government of Pakistan can earn dollars.

Holding US Treasuries

Economically powerful nations keep a part of their dollar reserves in the form of US Treasuries. Japan and China are two of the biggest holders of such bonds. The key benefit of holding T-Bills is that they are interest bearing. Instead of money sitting idle in the reserve, treasures generate more dollars, albeit the inflation adjusted outcome my still be negative. A sound economic policy must include treasuries within the reserve basket.

Investment through Sovereign Wealth Fund

The IMF supports the formation of 'Sovereign Wealth Fund' and has done a lot of work in the recent past to define acceptable practices around the management of such funds. This is one case where at least some Pakistanis have tried activism to raise awareness. Googling for 'Pakistan Sovereign Wealth Fund' brings up the page for an advocacy group that aims to free Pakistan from its current financial shackles. But under BKT leadership, no work has been done on this very important front.

The management of an SWF cannot be left simply in the hands of foreign managers. Pakistan needs professionals of highest caliber, who are also patriotic Pakistanis, to manage such a fund. But again, we find complete absence of policy and direction from BKT in creating the required human resource for this.

Careful investment by an SWF can be a powerful tool to earn dollars that can be used to pay off Pakistan's debts. The complete absence of Treasuries and SWF from BKT's economic plan shows either incompetence or subversion. In either case, this presents an extremely poor picture of BKT's three year tenure.

Government enterprises for exporting goods and services

This is a sordid chapter of BKT's reign. Imran Khan seems take an almost fetishistic interest in selling off PIA and Steel Mills. Thankfully, there is a PAF general heading PIA which has been the saving grace. Otherwise, Imran Khan's own minister has gone out of his way to ensure the demise of the national carrier:

Pakistani pilots grounded over 'fake licences'

Pakistan's aviation minister said a large number of pilots cheated in exams or have fake qualifications.

www.bbc.com

The saga of the licenses of Pakistani pilots was a direct attack on Pakistan's economic well-being. Most people have been fed the propaganda of state run enterprises being inefficient. Be that as it may, there is nothing to suggest that state owned enterprises should also be inefficient. Unfortunately, in an environment of misgovernance, the past experiment with a German CEO has not borne any fruit. But this is misgovernance. PIA can earn valuable foreign exchange for the government if managed properly. And given its potential and the state of Pakistan's economy, this should have been one of the highest priority projects.

Similarly for Steel Mills. Export of high quality steel or finished products can become a big source of dollars, but again the enemies of Pakistan are making every single effort to make sure that dollar revenues are denied to Government of Pakistan.

The current crisis is the perfect case for creating government owned enterprises that lead to both domestic job creation and exports earnings. Why is no attention being paid to this important aspect? And why is BKT taking a completely 180 degrees approach?

Dollar denominated excise and customs

Yet another source of dollars can be duties and taxes on imports that are denominated in dollars. This author does not have the necessary data regarding dollarization of the tax regime, but had this been implemented properly, we would see a generous revenue stream.

A regime focused on destruction

The reader should now have a fairly good idea of what good economic management would look like. Which immediately shows BKT's economic management as not just disastrous, but outright anti-Pakistan. Let us now discuss another false narrative - rising exports.

It is true that Pakistani exports are doing much better than before. But what is not being discussed is the loss of revenue. This is how the export model of many Pakistani companies is structured. They have sister companies in Western countries that finalize business deals. These sister companies then proceed to buy goods and services at cost from their local operations and sell them at a profit. Pakistan only receives the cost in dollars whereas the real profit is kept overseas. This author is not aware of any studies into the size of this revenue loss, but just this component can easily run into billions of dollars.

Similarly, Foreign Direct Investment, or FDI is pushed as a silver bullet, especially by IMF. But FDI can be a double edged sword. Without proper government oversight, FDI can lead to dollar outflows. It is for this reason that well managed countries have mechanisms for deep government oversight. Take a look at how the Australian government reviews foreign investment:

Foreign investment | Treasury.gov.au

Australia’s foreign investment review framework strikes a balance between facilitating investment and protecting Australia’s national interest.

treasury.gov.au

Conclusion

It should be abundantly clear to the reader that the Bajwa-Khan Traitorship has been installed by the enemies of Pakistan to further their agenda of economic and financial terrorism. Until and unless this nation learns to take its leaders to task and make them pay for their crimes, Pakistan will remain a joke in the eyes of the world. The common man will continue to suffer under exorbitant prices and lack of services. When will Pakistan wake up and rise?

Pls close this thread. the anecdotal data without facts is pissing the hell out of me.

 

[CriticalThought]

Pls close this thread. the anecdotal data without facts is pissing the hell out of me.

And you are fibbing through your teeth. Go somewhere else if facts are burning you.

 

[El Sidd]

salute to all survivors of lynchings.