Fund Raising Status for Diamer Basha And Mohmand Dam

[AZADPAKISTAN2009]

Well , if we had a functional Tax system 20 Billion is possible and that is the hidden lesson in this exercise the nation is doing

Example of Functional System : 75%-90% Tax collection from Citizens not mere 0.14%

"Learning Importance of Tax paying benefits" by Bhasha Dam account

The Youth have understood this......it's a investment in future

It is about .....Unified ....donation

We have the power locally inside in our country to fix up to 20 Billion Dollar worth of repairs / news construction

RECENT DONATION Yesterday
Just 1-2 days ago ..... Lets look at this group ​

Almost 3 Arab Rupee raised" in few days salaries
1.5 Day Salary out of 365 Days but we use Pakistan resources 365 Days​

Eventually people will realize wow ......... there is more that could have been done




Punjab Government workers stepping up the Game

• Multiple Government working groups from Punjab (Mere 1-2 day salary)
• Punjab Government workers -----> 2 Arab 19 carore that's what I am talking about team work
• District Education Punjab ----> 55 Crore , 81 Lakh rupee
• District Health Punjab --------> 10 Crore , 80 Lakh rupee

Once these funds reach the Bhasha Dam account we will see a 3 Billion Jump

 

[maithil]

FYI.. cost of the dam went up by ~100 billions PKR yesterday. Some new taxes are needed now. LoL

 

[SSGcommandoPAK]

IA 5bn by tomorrow !

 

[AZADPAKISTAN2009]

Lets celebrate another end of week ... by donating to the Dam fund ...
With every hurdle another door opens


My good deed for the Week

 

[valkyr_96]

The only limit is our Imagination

Local Pakistani Citizens inside Pakistan
"200,000,000" 200 Million Pakistanis x $100 Dollar or (9,000 Rupees) = 20 Billion Dollar or 14 Billion Dollar

Expat Pakistani Citizens World Wide
2,000,000 Million Pakistanis x $1000 Dollar = 2.0 Billion ( Bonus)


Not difficult to do in 365 Days


2 Notes of 5,000 rupee in 365 days from each Pakistani do the Trick for Full Dam fund per Pakistani

or 1 (100 Dollar) bill from each Pakistani

This amount is Cost of 5 Pizza Hut Orders for Family Dinner (a mini party cost)


I prefer to do donate Bi Weekly , and now motivated to do Weekly
It's a on going project

How does all your collection turn into dollars? I can understand remittance but you can't convert pkr donations into dollars unless they are in dollars

 

[AZADPAKISTAN2009]

Either you collect $100 from every Pakistani ~ 20 Billion Dollar figure
Or you Collect 9,000 Rupee from every Pakistan ~ 14 Billion Dollar figure

Total Population Size : 200 ,000 ,000 Million People



https://www.researchsnipers.com/railways-to-charge-dam-fund-surcharge-from-sep-25/

Pakistan Railways would start charging the dam fund surcharge from the 25th of September. The surcharge would be of rupees one (Rs 1), rupees two (Rs 2) and rupees ten (Rs 10). The surcharge would be on the tickets categorized in the economy and business classes from tomorrow that is Tuesday.


Sheikh Rasheed Ahmed—the Federal Minister gave the instructions to the Pakistan Railways. On his directions, the railways decided to raise the fares for all the classes for contributing in the government announced—Diamer Bhasha and Mohmand dam fund.

As per a spokesperson of the Pakistan Railways, the ticket prices would be increased to make sure that the department plays a significant role in regard to the dam fund contribution.

 

[RIP Pak LAW]

Bank: State Bank of Pakistan
Account Name: THE SUPREME COURT OF PAKISTAN AND THE PRIME MINISTER OF PAKISTAN DIAMER-BHASHA AND MOHMAND DAMS FUND
Account No: 03-593-299999-001-4
Total Amount: Rs. 5,075,873,566
(Five billion seventy-five million eight hundred seventy-three thousand five hundred sixty-six rupees)

-

Amount collected so far : $ 38623296.53(Rs. 5,075,873,566 )
Target : $14 Billion
Percentage Achieved : 0.27%

But as per CJP, 25% of the required funds will be generated from donations and other means while rest of them, will be generated by the Govt. So if that is the case:

Target : $ 3.5 Billion
Percentage Achieved : 1.10%

 

[VCheng]

But as per CJP, 25% of the required funds will be generated from donations and other means while rest of them, will be generated by the Govt.

By what law does the CJP have this authority to determine financing of major projects?

 

[RIP Pak LAW]

By what law does the CJP have this authority to determine financing of major projects?

It was a generalized statement from him and we are still assuming how will the project gonna get financed.

 

[VCheng]

It was a generalized statement from him and we are still assuming how will the project gonna get financed.

A "generalized" statement? What does that mean? He has no legal authority in such matters.

 

[xyxmt]

How does all your collection turn into dollars? I can understand remittance but you can't convert pkr donations into dollars unless they are in dollars

why does it need to be converted into dollars

 

[RIP Pak LAW]

A "generalized" statement? What does that mean? He has no legal authority in such matters.

Whats wrong with you ? i said he just gave a generalized statement perhaps his best educated guest while keeping Pakistan's economy in mind. It is up to the Govt who will decide the financial requirements of the project. Though what CJP said, is not much different what govt intended to do so. Of course the dam can't be built completely on donations.

 

[Zhukov]

What about investing all these deposits into mutual funds and money market. and withdrawing as and when required? That would be a significant catalyst for economy and more funds generation for government. Anyone?

 

[valkyr_96]

why does it need to be converted into dollars

Why not? did we pay rupees for the feasibility study? what about the construction companies that will participate in building the dam? a major portion of the cost will be dollar denominated

What about investing all these deposits into mutual funds and money market. and withdrawing as and when required? That would be a significant catalyst for economy and more funds generation for government. Anyone?

Mutual funds bad idea.....rupee deposits can be invested in rupee denominated government instruments while dollar denominated should be invested in Treasury instruments....but for that we need to have a timeline. Two things I expected from this government was transparency on CPEC projects and transparency on dam projects so far its not happening which means sunk cost fallacy. On top of saying we have no money, the PM wants new housing (noble but not the need of the hour)

 

[zip]

Why not fund the damn thing Through equity capital .Float shares with minimum guarantee on returns rather than begging for money from public ..