naumananjum
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khazana khali hai
jaibein bharnay k lyai loan lkaina paray ga...!!!!
jaibein bharnay k lyai loan lkaina paray ga...!!!!
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even PTI would've gone to IMF as Mr. Asad Umer said.i'm just saying that it's not a bad thing.Rampage,my point of view is,why that PML-N lied to us?just to get votes?why didn't they said this earlier?we all knew that PML-N will get loan,but the truth is,we were not ready to hear the truth since beginning..
No actually we want them to lie us...!!
even PTI would've gone to IMF as Mr. Asad Umer said.i'm just saying that it's not a bad thing.
Rampage,my point of view is,why that PML-N lied to us?just to get votes?why didn't they said this earlier?we all knew that PML-N will get loan,but the truth is,we were not ready to hear the truth since beginning..
No actually we want them to lie us...!!
Real reason is confusion among Pakistanis on whether Taliban are our friends or our enemies. Consequently there complete breakdown of law & order. This in turn affects economy and our ability to pay back existing loan.
Naturally the lender wants to ensure that the money loaned will be recovered. Ishaq Dar says that we need to borrow to pay off previous IMF loan. Thus new IMF loan will have stringent conditions making lives of ordinary Pakistanis even more unbearable. A classic catch 22.
Unless you stop tax theft (most MNAs/MPAs dont pay tax either), tax agricultural income, cut down subsidies and reduce non development expenditure; improve law & order situation and provide sufficient power to the industries; this is a never ending cycle.
No gov't has a magic wand or a hidden formula unknown to anyone else that will solve this problem. You simply cannot continue to spend 101 rupees when your income is only 100.
Not the fault of PML-N. They were put into terrible financial crisis period by PPP and IMF option had to be realized. Hopefully the money would be used in the right areas to get the economic growth rate moving positively and sooner than later, they pay the money back.
even PTI would've gone to IMF as Mr. Asad Umer said.i'm just saying that it's not a bad thing.
So,Mr.Niaz,this conversation fully sums up following factors:
--We need to work on improvement of Law and order situation.
--Need to take money laundering cases seriously.
--Government must make clear policies about TTP and such terrorist organizations.I have seen that many people support Taliban because they think that Taliban are fighting against Americans.
--Furthermore,one clear example of people's confusion about such concepts is,their expression of sympathies for cases like terrorists of Lal masjid.
So,it is clear that issues are inter-related with each other,but I present only one solution to you which will solve all our problems.
--Strong,corrupt free leadership and responsive,sincere,non-corrupted government body..
and this is impossible.
Agreed 100%. As you mentioned, from where would we get such statesmen? Elections keep throwing up the same faces or same names with different faces. You got to work with what you have got.
I have better proposals..
1- Stop subsidies for Indian transit and check smuggling.
2- Privatize PIA, Steel, Railway, Judiciary and police.
3- Liberalize investment in alternate energy.
..........
Pakistan seeks $11 billion bailout package from IMF, donors
Cash-strapped Pakistan on Tuesday moved closer to securing a massive $11 billion economic bailout package from international donor agencies including the IMF, to revive the ailing national economy, media reports said.
After lengthy discussions between finance minister Ishaq Dar and International Monetary Fund (IMF) team led by Jeffery Frank, the two sides have reached closer to finalising $5.4 billion loan package, The Dawn reported.
In addition to the IMF assistance, Pakistan will also get a $5.6 billion loan from the Asian Development Bank and the World Bank as well as countries like Japan, U.S. and U.K..
The agreement with IMF will pave the way for additional money from the donor banks and countries and the “total volume of loan will be $11 billion,” the paper said citing official sources.
Pakistan needs to meet tough conditions of the donor community before the money starts pouring in, including IMF’s demand to reduce fiscal deficit to 4.5 per cent from nearly 8 per cent, increase power tariffs, withdraw subsidies, increase tax base and restart privatisation.
Some of the conditions, if met, will result in price hike and joblessness but the country will have to swallow the bitter pill to kick start the revival of the economy.
Pakistan seeks $11 billion bailout package from IMF, donors - The Hindu
Clean up ur house first to start with collect taxes and reduce military budget.
US, UK, Japan? If am not wrong the pakistani keyboard warriors troll them the most (If u exclude India).