No IMF as Saudi comes to assist Pakistan

[Kabira]

I'm divided about this. If Pakistan doesn't go to IMF which may force us to privatise PIA etc Tell PPP either PIA or we go bankrupt.

If Saudi money mean we put reforms on back foot then this isn't long term solution. 5 years from now next gov will cursing previous one.

 

[shah_123]

Dr Ikram ul Haq
in Op-EdOn September 20, 2018

Raising Rs. 8 trillion!
We need a simple, fair and predictable tax system.

As mentioned in last week’s column, the governments — federal and provincial — are lax about taxing the rich and mighty. On the contrary, they extend them extraordinary tax-free perks and perquisites, while derisory allocations are made for health, education and other social services to mitigate the sufferings of the poor that are increasing day by day. Millions are pushed to become what Franz Fanon called, the Wretched of the Earth. Due to pro-rich policies, wealth has become increasingly concentrated into a few hands. The dilemma of Pakistan is cronyism, greed and corruption on the part of the elites. They are parasites, not growth catalysts or innovators. By improving compliance and broadening the tax base, it is not at all difficult to raise funds of over Rs. 8 trillion, and using this money to make dams, improve infrastructure and provide social services to the needy. To achieve this, we need to restructure the existing tax machinery, withdraw concessions and immunities and crack down on tax evaders and the plunderers of national wealth.

https://dailytimes.com.pk/300456/raising-rs-8-trillion/amp/?__twitter_impression=true

 

[Menace2Society]

So deals signed in Saudi?