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How PTI managed Economic Crisis in his time?

The solution is simple.

1. Control CAD and keep it down to minimal.

2. Sell off all State enterprises especially the loss making ones

3. End subsidies especially the ones which are helping the elites

4. Projects that are making loss such as metro should be closed down temporarily

5. Revisit the IPP projects and in due time focus on hydro power, solar power, wind power, coal power with local coal

6. Restructuring of FBR and start taxing the elites (property tax)

7. Focus on increasing agricultural output through R&D

8. Human Resource development

9. Slash defense budget (20% atleast)

Do this for the next 10 years.
 
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The solution is simple.

1. Control CAD and keep it down to minimal.

2. Sell off all State enterprises especially the loss making ones

3. End subsidies especially the ones which are helping the elites

4. Projects that are making loss such as metro should be closed down temporarily

5. Revisit the IPP projects and in due time focus on hydro power, solar power, wind power, coal power with local coal

6. Restructuring of FBR and start taxing the elites (property tax)

7. Focus on increasing agricultural output through R&D

8. Human Resource development

9. Slash defense budget (20% atleast)

Do this for the next 10 years.

I suggest even simpler solution bro

1. Political stability. Allow governments to complete their terms.

2. Ban every politician/heads of any department from ever leaving the country. You want to hold positions of power in Pakistan, you can’t leave this country. They can’t leave for any reason whatsoever and must live and die in Pakistan.

Pakistan will not run but fly
 
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I suggest even simpler solution bro

1. Political stability. Allow governments to complete their terms.

2. Ban every politician/heads of any department from ever leaving the country. You want to hold positions of power in Pakistan, you can’t leave this country. They can’t leave for any reason whatsoever and must live and die in Pakistan.

Pakistan will not run but fly
True. That should be an all encompassing method of governance.

Stability and Accountability.
 
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Pakistan wouldn’t be in this mess today if PTI had paid off loans like they promised and not taken anymore but we all know what happened.

They were taking out loans to repay the ridiculous terms noonies had set up.

Which smartass sets up $$Billions to be repaid in 5 years? Do some simple math on $1Billion/yearly that's taken on 3% rates to be paid back in 5 years. That's just the loans how about the phenomenal genius behind XY% guaranteed returns? Do some math on that too.

You talk a big game without knowing lots of facts or the mathematics of budgeting behind it.
 
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Don't worry Shahbaz and sons busy making billions ..

Shahbaz-Sharif-Solar-System-Scheme-3-550x412.jpg
 
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PDM puppets decided to take the suicide mission for I don’t know why, probably blackmailed that they would be exposed. Everyone with half a brain knew that IK govt ouster was a favour upon him and breathing a new life into his politics. I just don’t know why PDM agreed to this suicide
You hit the nail on the head. If they let him complete his term its unlikely he would have got reelected many people including relatives of mine turned against him. But after the whole regime change debacle the same people that hated him now support him because they hate these crooks more.

I suggest even simpler solution bro

1. Political stability. Allow governments to complete their terms.

2. Ban every politician/heads of any department from ever leaving the country. You want to hold positions of power in Pakistan, you can’t leave this country. They can’t leave for any reason whatsoever and must live and die in Pakistan.

Pakistan will not run but fly
Also don't let them or their immediate family hold business interests or properties overseas while they are in government.
 
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In my opinion PTI got lucky. Covid hit and that gaave the govt. some breathing space because most lenders became extremely lenient.

During their tenure, they kept on taking loans. Pakistan was on path to default by 2018, but PTI made sure that recovery would be very very slow by taking immense loans @USD 17 billion every single year. https://theprint.in/world/imran-khans-erstwhile-government-procured-usd-52-billion-in-loans/958873/ I believe Pakistan would take 2-3 decades to fully recover from this crisis, especially considering the CPEC payments to be made every single year. At least one generation would live in extreme poverty which is only seen in sub-Saharan Africa.

Every time there was an economic issue, IK simply replaced the Finance Minister, this reshuffling meant that every Finance minister was only looking at 2-3 months at a time and could never take strong unpopular decisions which were crucial for a possible recovery. When the history of Pakistan's default is written, the period of 2015-2023 would be most important, from the year CPEC started to the year of the default.
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
 
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They were taking out loans to repay the ridiculous terms noonies had set up.

Which smartass sets up $$Billions to be repaid in 5 years? Do some simple math on $1Billion/yearly that's taken on 3% rates to be paid back in 5 years. That's just the loans how about the phenomenal genius behind XY% guaranteed returns? Do some math on that too.

You talk a big game without knowing lots of facts or the mathematics of budgeting behind it.

We were made promises like these and this was the grand plan.


As a Muslim we know breaking promises isn’t a small thing and will be held accountable for it.

Unfortunately we weren’t told the maths being this difficult
 
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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.
 
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If you are an Indian, please stay out of this discussion.

My context was Pakistan needs to make tough decisions.

And for your comment on Billion tree Tsunami, prefer you do some research. And Pakistanis are least bothered about some random Indian Major’s opinion.
 
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Projects that are making loss such as metro should be closed down temporarily
Extremely dumb take. Public transportation projects run on loss everywhere in the world. We should reduce oil import by maximising public transportation infrastructure.
 
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How? Population is exploding, there isnt enough wheat or pulses to even feed the population. Pakistan is importing staple food items every single year.

On the contrary there is enough wheat to feed and then some. Pakistan has a big smuggling problem. In PTI government, so much of it was smuggled by the clean honest person that for the first time we started importing it at exorbitant prices. Sugar also disappeared because the ATM of clean honest person was involved in disgusting practices.

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.

Politicians aren’t the reason for Pak economy demise. It’s some other agents but those same agents are also the reason India can never take over Pakistan
 
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Extremely dumb take. Public transportation projects run on loss everywhere in the world. We should reduce oil import by maximising public transportation infrastructure.
Not a dumb take considering metro serves very little purpose.

Public transportation should not be closed but that’s not the case with metro.
 
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Extremely dumb take. Public transportation projects run on loss everywhere in the world. We should reduce oil import by maximising public transportation infrastructure.
hongkong running in profit so stop lying


Flour available nahi chalay lahore metro train bananay
 
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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.
LOL Pak had reserves touching $20 billion under IK's rule which are $3 billion right now (lowest import cover in Pak history)

So with reserves at such a low extent....jao tattay hain so go ahead invade Kashmir, and GB. Pak army popularity is at its lowest too so nobody will fight for them, right? So why arent you guys invading? Wheres your balls?

Oh wait, never mind. Last time you guys tried some shenanigans, you got a bloody nose the size of a Wing Commander, that too given by none other than IK despite Bajwa's shivering legs.

By all means though, keep feeding yourselves these delusions. Like I said, both Indians and Patwaris crying over IK the big bad meanie is very reassuring (and fun lmfao)
 
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