AZADPAKISTAN2009
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I say don't take loan eat once a day
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only 3 percent of pakistani pay tax but they expect world class service.... how government iz managing I m wondring... think the day us will stop giving aids... so best stop terror factory and move up pay taxes you wont need to beg.... BTW some of pakistnai where saying we have china for loans we wont need imf n all now what happened to them....
Nearly 3% of the population.Only 3.37 Crore out of the 47 Crore (taxable) filled taxes.ummmm...do u know how many people(percentage wise) pay taxes in India??
How Many People In India Pay Income Tax? Hardly AnyoneIn December, Indias finance minister, Palaniappan Chidambaram, said that 2.89 percent of the population (about 36 million people) filed income taxes. (In contrast, in the U.S., about 45 percent of the population pays taxes, which means that, despite Indias much-larger population, more Americans than Indians actually pay taxes.)
Misleading title !
IMF is a bank, it's their business to lend money.
Yes, he would ask government to increase education and health budget.
Then Pakistan would never be able to raise taxes. I love the way people perceive economics.
Then by htis token and extending your logic, we are beggars therefore it is our right to beg. No.IMF or any MF can never solve pakistans problems unless someone makes really harsh decisionsa at the grass roots and initiates reforms which solve the inherent problems which pakistan faces. Till we do that we shall forever be dependant on this or that MF.
Araz
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The three broad areas likely to decide the fate of the new IMF programme will be: deep fiscal adjustments to reduce the budget deficit, increased revenue generation, and energy sector reforms coupled with a withdrawal of subsidies.
IMF, govt to bargain over loan conditions – The Express Tribune
What you're saying is in perspective of economic cycle smoothing. But Pakistan is trapped in debt-recession spiral on the contrary where debt swelling out of control, pushes economy into recession.You don't know what you're saying I'm afraid, you should know what raising taxes means in economics
In a boom taxes are raised to reduc spending and hence reduce inflation, but if we do the same now as we suggest the recession will only worsen, leaded to job losses and errthang
I say don't take loan eat once a day
I say don't take loan eat once a day