@CriticalThought
I know you once said that world is not fair and these multinational corporations are milking tons of money so why they would reform Pakistan with a good will.
DAWn article is a difficult to understand for me as idk abc of economics. However, in our old discussion in charter of democracy thread, we know that our economy is informal, so taxing is low. Plus, our 70% economy is consumer based economy with little or no export potential.
The power tariffs the articles talked about is highly dependent on oil price. Unless they are diversified, we have to rely on tariff. Anyway, the article didn't talk about solution.
I think we have to cut number of ministries, judges pay with more austerity measurement. I know that their high pays are there, so that they don't look for bribes. As still they do, so reduce their halal income, anyway.
Article also mentioned about more exports. Besides, FDI, we have to support SMEs. Why? bcz we cannot setup large plants and run on our own. The govt/think tank look for small manufactured goods potential in neighbouring regions and support SMEs towards that.
Examples can be, many like more of our food products like chocolates/energy bars/jams/cereals/cheese (already but more).
I was thinking that our govt should convince gulf towards greener solution, for their own publicity, acknowledgement and praise.
Like bamboo straws, coconut shells bowls, coconut husk dish scrubbers, bamboo toothbrush, etc. For world appraisal, UAE would quickly adopt it.
View attachment 746427
coconut shell bowls
straws
View attachment 746428
View attachment 746429
husk scrubber
Also, these are expensive.
@The Accountant @JamD