IMF sees surge in Pak economy

[Edevelop]

WASHINGTON: The International Monitory Fund (IMF) says the Nawaz Sharif government has cut the load shedding hours and the country has seen a surge in its economy.


The IMF said the government has collected more taxes and it seems economic reforms will continue.


Talking to Geo News, IMF Pakistan Mission head said: “We are approving loan since the Nawaz- government seems resolved to introduce economic reforms”.


He said that in the past, IMF programs with Pakistan could not succeed as the governments in Islamabad got loans in difficult times but forgot their promises.


IMF sees surge in Pak economy - thenews.com.pk

 

[Pakistanisage]

Pakistan should go the same route as Turkey. Pay off loans and never borrow again. If they need to raise Capital, they should tap the expatriate Pakistani diaspora but must not cheat them.

 

[Airboss786]

Pakistan should go the same route as Turkey. Pay off loans and never borrow again. If they need to raise Capital, they hould tap the expatriate Pakistani diaspora but must not cheat them.

Wishful thinking here, my friend!

 

[arushbhai]

WRONG NEWS!! I was just watching Mubashir Luckman show on ARY and he said there is no such thing as IMF... lol

 

[he-man]

Pakistan should go the same route as Turkey. Pay off loans and never borrow again. If they need to raise Capital, they hould tap the expatriate Pakistani diaspora but must not cheat them.

Debt =money dude
Without debt even usa and china will crumble.

As far as imf loans are concerned u guys must build up ur foreign reserves enough to fend imf off

 

[SHAMK9]

Debt =money dude
Without debt even usa and china will crumble.

As far as imf loans are concerned u guys must build up ur foreign reserves enough to fend imf off

That's for the tip she man

 

[he-man]

That's for the tip she man

u are welcome schmuck

 

[Pakistanisage]

Debt =money dude
Without debt even usa and china will crumble.

As far as imf loans are concerned u guys must build up ur foreign reserves enough to fend imf off

China is a net Creditor Nation, which explains it booming Economy, Genius.

US is a debtor nation which explains its crumbling Economy.

Do you know anything about Economy ?

 

[he-man]

China is a net Creditor Nation, Genius.

US is a debtor nation which explains its crumbling Economy.

Do you know anything about Economy ?

U must be stupid to compare chinese with usa.
88 pc of world transactions use dollar so its value never falls.usa can print how much money it wishes without degrading the dollar value.
That was responsible for iraq war as saddam agreed to trade oil in currencies other than dollar,same is the syrian problem.

Chinese yuan makes up just a fraction of global trade as of now,hence there is no competition really.
Till dollar remains preferred currency to trade,usa can have anymuch debt as u can think with absolutely 0 consequences.

 

[Fahad Khan 2]

jang group is like PTV when in it comes to PML-N... IMF said they are giving money because Nawaz is IMF Jeejo... hahaha... but they will take money back from Pakistan people... tax collection is through indiret taxes and through inflation...

 

[he-man]

jang group is like PTV when in it comes to PML-N... IMF said they are giving money because Nawaz is IMF Jeejo... hahaha... but they will take money back from Pakistan people... tax collection is through indiret taxes and through inflation...

India had to mortgage gold to imf in 1991,shit happens.

But yeah pakistan's taxation system is very bad and there have been no landreforms.

Imf pressure may help pakistan to initiate tax reforms that may help u guys in future

 

[Fahad Khan 2]

India had to mortgage gold to imf in 1991,shit happens.

But yeah pakistan's taxation system is very bad and there have been no landreforms.

Imf pressure may help pakistan to initiate tax reforms that may help u guys in future

But they collecting money through indirect taxes.... They have lowered the corporate tax and increased they tax on salaried class people.... Pakistani are buying the most expensive petroleum products due to indirect taxes even the dollar prize has got lowered....

 

[he-man]

But they collecting money through indirect taxes.... They have lowered the corporate tax and increased they tax on salaried class people.... Pakistani are buying the most expensive petroleum products due to indirect taxes even the dollar prize has got lowered....

You have to levy tax from the comman man to increase the base collections,corporate taxation dosen't cut much ice.

Corporates in the end create job and if they have no money to set up factories and shit then whats the use?

No harm in giving them some respite

 

[zabalestmsm]

Hate this IMF. It has made us hostage. PML(N) u will have to end this loan!

 

[ziaulislam]

U must be stupid to compare chinese with usa.
88 pc of world transactions use dollar so its value never falls.usa can print how much money it wishes without degrading the dollar value.
That was responsible for iraq war as saddam agreed to trade oil in currencies other than dollar,same is the syrian problem.

Chinese yuan makes up just a fraction of global trade as of now,hence there is no competition really.
Till dollar remains preferred currency to trade,usa can have anymuch debt as u can think with absolutely 0 consequences.

you cant print dollars like that. any body knowing econmics will know that