The solution is simple.
1. Control CAD and keep it down to minimal.
How?
2. Sell off all State enterprises especially the loss making ones
To whom? Who will buy it? Pakistan does not have any large private industrial base to absorb industries such as Steel Mills. Selling it to foriegn companies on a discount would make Pakistan a hostage for generations to come.
3. End subsidies especially the ones which are helping the elites.
The elites won't allow that. Be practical.
4. Projects that are making loss such as metro should be closed down temporarily
Projects like metros can't be shut down temporarily. It'll require laying off tousands of people including non-replacable technical experts. If they're sent on LWP they might shift to other fields and never return.
5. Revisit the IPP projects and in due time focus on hydro power, solar power, wind power, coal power with local coal
This is something that IMF has suggested in the past, there was a strong backlash from China and their agents within Pakistan. China will want every cent they can sqeeze out of Pakistan, they'll not conpromise on their money.
6. Restructuring of FBR and start taxing the elites (property tax)
Property tax and stamp duty will result in Pakistani elite, many of whom are non-residents simply selling off property there and investing that money overseas. The loss of currency would be catastrophic for Pakistan and might actually do moer damage than good.
7. Focus on increasing agricultural output through R&D
Pakistan(especially SIndh) still has wadhera culture, where one single landlord has thousands of acres and sharecroppers farm his lands in exchange of rent paid via crops. This means majority of Pak's agriculture is done on a rental basis. The owner has no real incentive or drive to invest heavy amounts in arranging irrigation facilities or use scientific methods to ensure soil preservation over many years.
India on the other hand underwent massive land-reforms. Land was taken from rich zamindars and given to the poor farmhands farming that land. Does Pakistani govt. have the courage to do so?
8. Human Resource development
How? Population is exploding, there isnt enough wheat or pulses to even feed the population. Pakistan is importing staple food items every single year. Where will the govt. find money to make schools and colleges and training centers? India built the IIT's in 60s and started seeing rewards only in the 90s. It takes 20-40 years(1-2 generations) for Human resource development to pay off.
9. Slash defense budget (20% atleast)
Haha haha haha haha hahaha hahahahahahahahahahahaha
yeh dekho zara
. I dont know who's got the crappest takes on these forums, Indians or patwaris. But the fact that you're both on the same side is very reassuring.
Biggest pandemic on the planet that wiped out every economy on the planet- especially India's- somehow gave IK "breathing room"
Yeah, great breathing room to have a fiscal year with -0.4% GDP growth with global GDP growth in the double digit negatives lmao
Quite the opposite. As Wion and Major Arya have spoken in the past, it is in India's best interest that IK comes to power with his socialist policies. In a nation struggling to pay salaries to it's employees, starting vanity projects like Billion Tree Tsunami was a a joke. Don't go around buying Marble statues when there's no food in the kitchen.
If IK comes to power it'll damage Pakistan economically to a point where we can finally start our final push to take back Azad Kashmir and GB.