Is This Really Necessary?????????

[Samlee]

ECNEC Has Approved Projects Worth Rs 579 Billion

https://tribune.com.pk/story/2045186/2-ecnec-approves-16-projects-worth-rs579-billion/

Most Of These Projects Could Easily Have Waited Till Finances Were Improved.A Better Idea Would Have Been To Subsidise Natural Gas and Electricity Or Abolish Zero Rating And/Or GIDC.


There Is A Really Disturbing Feeling I Have That The Present Economic Team Would Turn Out To Be Even Bigger Economic Hitmen Than Dar

 

[AZADPAKISTAN2009]

Deficit is already cut by 73%

 

[Samlee]

Deficit is already cut by 73%

That Is Current Account Deficit Not Fiscal Deficit

 

[AZADPAKISTAN2009]

CPEC goes full steam ahead

Chinese are very coordinated folks they start and end projects on time
Every project is a piece which , solidifies the CPEC Project the more pieces gets completed the stronger the infrastructure for CPEC becomes which becomes backbone for Pakistan's future

It might be a trend in Pakistan that 2 year project becomes a 6.5 year project which brings lot of prosperity for contractors locally but that is not how China functions

 

[war&peace]

ECNEC Has Approved Projects Worth Rs 579 Billion

https://tribune.com.pk/story/2045186/2-ecnec-approves-16-projects-worth-rs579-billion/

Most Of These Projects Could Easily Have Waited Till Finances Were Improved.A Better Idea Would Have Been To Subsidise Natural Gas and Electricity Or Abolish Zero Rating And/Or GIDC.


There Is A Really Disturbing Feeling I Have That The Present Economic Team Would Turn Out To Be Even Bigger Economic Hitmen Than Dar

Development activity is also very important for economic growth. If there no are super expensive white elephants of projects like orange train etc, then no harm it.
Development is like protein in the body. You can't stop eating if your economy does not afford you good food.

 

[Samlee]

Development activity is also very important for economic growth. If there are super expensive white elephants of projects like orange train etc, then no harm it.
Development is like protein in the body. You can't stop eating if your economy does not afford you good food.

Some Things Can Wait A 'Pilot Shrimp Farming Project" Is Not A Matter of Life and Death For Pakistan Right Now

 

[Goenitz]

Some Things Can Wait A 'Pilot Shrimp Farming Project" Is Not A Matter of Life and Death For Pakistan Right Now

depends on the demand.... China consumes too much Soya, beef an shripms.. treat it like a tea in some african country which has no value there but here

 

[pkuser2k12]

ECNEC Has Approved Projects Worth Rs 579 Billion

https://tribune.com.pk/story/2045186/2-ecnec-approves-16-projects-worth-rs579-billion/

Most Of These Projects Could Easily Have Waited Till Finances Were Improved.A Better Idea Would Have Been To Subsidise Natural Gas and Electricity Or Abolish Zero Rating And/Or GIDC.


There Is A Really Disturbing Feeling I Have That The Present Economic Team Would Turn Out To Be Even Bigger Economic Hitmen Than Dar

zero rating has been abolished also pm relief for the industry on industrial wapda meters

 

[MystryMan]

Some Things Can Wait A 'Pilot Shrimp Farming Project" Is Not A Matter of Life and Death For Pakistan Right Now

These are small scale, if success can be replicated by private business and mostly for export.

 

[The Accountant]

Which project could have waited? Can you please name any except for billion tree Tsunami which again can't wait as target is 10 billion in 5 years so it has to get share in every year

ECNEC Has Approved Projects Worth Rs 579 Billion

https://tribune.com.pk/story/2045186/2-ecnec-approves-16-projects-worth-rs579-billion/

Most Of These Projects Could Easily Have Waited Till Finances Were Improved.A Better Idea Would Have Been To Subsidise Natural Gas and Electricity Or Abolish Zero Rating And/Or GIDC.


There Is A Really Disturbing Feeling I Have That The Present Economic Team Would Turn Out To Be Even Bigger Economic Hitmen Than Dar

 

[Foxtrot Delta]

Deficit is already cut by 73%

that was just for july... there are 11 more months in a year.

 

[Samlee]

Which project could have waited? Can you please name any except for billion tree Tsunami which again can't wait as target is 10 billion in 5 years so it has to get share in every year

"Save The Calf"

"Cage Culture Cluster"

"Pilot Shrimp Farm"

Even If These Projects Were Absolutely Necessary They Could Easily Be Financed Through Private Investment and Not Taxpayer's Money

zero rating has been abolished also pm relief for the industry on industrial wapda meters

Sorry Mistyped That I Meant Restore Zero Rating On Export Industry.GIDC Should Be Abolished Since It Is Just An Extortion

 

[war&peace]

Some Things Can Wait A 'Pilot Shrimp Farming Project" Is Not A Matter of Life and Death For Pakistan Right Now

Well that does not sound horrible... in fact a very good investment given the demand for sea food is going up rapidly, this will be the best use of the money which otherwise will be mitigated in value due to inflation and soaring dollar rates. I must congratulate the one who came up with this brilliant idea.

 

[pkuser2k12]

"Save The Calf"

"Cage Culture Cluster"

"Pilot Shrimp Farm"

Even If These Projects Were Absolutely Necessary They Could Easily Be Financed Through Private Investment and Not Taxpayer's Money




Sorry Mistyped That I Meant Restore Zero Rating On Export Industry.GIDC Should Be Abolished Since It Is Just An Extortion

LHC has ordered LESCO and FBR not to deduct income tax from zero rated industries untill further hearings .I think it is only for Lahore region .(If one is a registered zero rated he does not pay income tax on his bill others non zero rated even tax filers has to pay income tax.Further non filers also has to pay EXTRA TAX and FURTHER TAX on their electricity bills)

 

[FalconStar]

Most Of These Projects Could Easily Have Waited Till Finances Were Improved.A Better Idea Would Have Been To Subsidise Natural Gas and Electricity Or Abolish Zero Rating And/Or GIDC.

So how would that benefit the country. People will get subsidised Gas and Electricity and they'll enjoy few good months then the Government would run out of this money as well and then the rates would be doubled.
How exactly this benefits anybody? These project even the small ones are investments to bring return in the future and actually benefit the whole country not just a select few.

Other countries are literally investing Billions of Dollars into new research and projects so they could get some return in the future, but no we just want a free lunch.

Half of our foreign exchange comes from Oversea's Pakistani and the rest we can take loans on loans and enjoy a good life. Let's sudsidise everything and that'll be it.