PML-N Worse than PPP in Managing Economy

[Lucky Breeze]

Viper,

My man---I don't know what you are upto---. There are no programs to advance the country--.

The bus doesn't do anything---. Industry needs electricity and gas----. The bus is a fraud project. People have no medicine---uneployment getting higher and higher---loot and plunder all over---.

I told you pappy---we will hang them----when the revolution comes---every single member of their families----young---old---child--adult---male---female----everyone of their family and everyone in PMLN and PPP will be executed---mark my words----and all those associated with them will enjoy the kiss of the hangman's rope around their necks---.

We will try and make sure that there is no HASSINA WAJID left-----.

A nation who further divides into hundreds of sub-nations under language, sect and casts etc etc. Do you think they could gather under one leadership for revolution. Do you think they will spill their blood? If under many leaderships then sorry we have seen it before.

 

[Tameem]

Ok MK, I don't know which world you live in these days, but its definitely not the planet earth. There are too many "statements" but 0 substance.

1) China isn't stupid to pour money because of what is happening in SCS. The investment that has come in, wasn't just from the Chinese government. It is from Chinese businesses but the GUARANTEES are within the two governments. And no business invest billions into another hostile system till 2012, unless you saw a profit of at the least 30-50% on your investment. You make it sound like the Chinese HAD to invest . When the fact is, if they weren't close to Pakistan, they could've invested into Afghanistan and would have much better relations with India because of it. Or Sri Lanka, many African nations, etc. Trust me, 75% of the world would love these massive investments!!

Which is why keep saying on every other thread bashing NS and others on CPEC that 99% of the writers can't even explain what's included in three phases of the CPEC.

2) Nawaz government should take a trillion dollar loan if that helps progress Pakistan economically. The US had borrowed a trillion from China a few years ago to grow our economy. Today, we are up and they are down economy wise. So the trillion dollars were spent well. That's what should happen in Pakistan too. Its very obvious that you have no experience in running an economy. India at times run 50% GDP to debt ratio too because they didn't have money 20 years ago and they started all these projects that took them in top 5 economies in a couple of decades. Pakistan today is where India was 20 years ago. Embarking on an economic journey towards success.

3) What was "looted" and where did it "go"? Any proofs? Or just statements? I'll tell you what "looting" is. A general distributing over $ 1 billion between himself and his few buddies and his supporting gangsters in Karachi called MQM!!!! Mushy's son's worth went from $ 5 million to over $ 500 MILLION in the US. Not including his palacsin London and Turkey.

Gen. Kiyani just returned 6.7 billion rupees to the government with assurances that his name wouldn't be out in corruption. Instead, his brother will be "blamed" as he was the front man . Now why don't you show me a proof of looted money that every NS hater whether IK supporter or a military rule lover conspires on these thread day and night? The above are proofs and you can check them. On NS, I'd like some REAL proof. Not he said, she said or ARY's manufactured documents that they show while being five feet away from the Cameras!!! If those documents can't be presented on Cameras, you think those can make it to the court as "presentable facts" he no. Good job making up stories though .

4) And who's fault it is that no tax system, no economic growth plans, no public welfare work was done for the past 60 years? The name of the responsible party starts with "Mil*****". I hope you got it.

If there were civilians running the show for the past 60 years, the debt would've spread out over 60 years and majority of it paid back already. But since NO work was ever done by the military for the people of Pakistan, guess what? The work is now being done so the debt would look like mounting too. Someone is trying to do what didn't happen in the past 70 years, and that, without a tax system, without an economy and a real market!!!!!

Excellent Post

 

[mr42O]

A billion dollars spent on yellow journalist for sure don't produce PhD's in journalism. Corrupt journalists remain corrupt and write these fake, propaganda articles.

But I think I side with the yellow journalist who wrote this "detailed" analysis is in English, without having the qualifications to understand things written (or stolen and compiled from other sources). I agree that PMLN is WORST than the PPP and PTI.

WHY???? Well, the other two don't do shiit and this government is ACTUALLY doing everything opposite of the laziness exercised by everyone in Pakistan who remained in power. In PPP and PTI's world, the little money goes to corruption (a few billions) and everything else remains the same like it has been since the 1950's. So nothing gets done for the PEOPLE. So nothing really gets done outside of corruption, so why even have the DEBT ??

So this government IS worst. Its doing SO MUCH work and programs across almost all areas that grow a country. As a result, because the others didn't do jack shiit for 60 years, everything is NOW happening that didn't happen for the past 60 years. That too, without having an economy or $$$$ in the bank account. So there will be debt as no MOFO from before left any money for the nation, or did these things that should've started back in the 50's for God's sake!!

So I agree. The current government IS SO MUCH worst than everyone by doing public welfare work and putting all other lazy ****es behind in dust!!

Last 60 years hmm let me know who has been power since 1980s ... and what u do if u dont have $$$ in bank accounts and cant pay back either since your income is low ?? Do you try to earn more or do u borrow more until u have to take suicide ? On solution would be collect taxes ?

 

[MastanKhan]

A nation who further divides into hundreds of sub-nations under language, sect and casts etc etc. Do you think they could gather under one leadership for revolution. Do you think they will spill their blood? If under many leaderships then sorry we have seen it before.

Hi,

If you do not understand the workings of a revolution---then I am not here to teach you.

 

[pak avatar]

Ok MK, I don't know which world you live in these days, but its definitely not the planet earth. There are too many "statements" but 0 substance.

1) China isn't stupid to pour money because of what is happening in SCS. The investment that has come in, wasn't just from the Chinese government. It is from Chinese businesses but the GUARANTEES are within the two governments. And no business invest billions into another hostile system till 2012, unless you saw a profit of at the least 30-50% on your investment. You make it sound like the Chinese HAD to invest . When the fact is, if they weren't close to Pakistan, they could've invested into Afghanistan and would have much better relations with India because of it. Or Sri Lanka, many African nations, etc. Trust me, 75% of the world would love these massive investments!!

Which is why keep saying on every other thread bashing NS and others on CPEC that 99% of the writers can't even explain what's included in three phases of the CPEC.

2) Nawaz government should take a trillion dollar loan if that helps progress Pakistan economically. The US had borrowed a trillion from China a few years ago to grow our economy. Today, we are up and they are down economy wise. So the trillion dollars were spent well. That's what should happen in Pakistan too. Its very obvious that you have no experience in running an economy. India at times run 50% GDP to debt ratio too because they didn't have money 20 years ago and they started all these projects that took them in top 5 economies in a couple of decades. Pakistan today is where India was 20 years ago. Embarking on an economic journey towards success.

3) What was "looted" and where did it "go"? Any proofs? Or just statements? I'll tell you what "looting" is. A general distributing over $ 1 billion between himself and his few buddies and his supporting gangsters in Karachi called MQM!!!! Mushy's son's worth went from $ 5 million to over $ 500 MILLION in the US. Not including his palacsin London and Turkey.

Gen. Kiyani just returned 6.7 billion rupees to the government with assurances that his name wouldn't be out in corruption. Instead, his brother will be "blamed" as he was the front man . Now why don't you show me a proof of looted money that every NS hater whether IK supporter or a military rule lover conspires on these thread day and night? The above are proofs and you can check them. On NS, I'd like some REAL proof. Not he said, she said or ARY's manufactured documents that they show while being five feet away from the Cameras!!! If those documents can't be presented on Cameras, you think those can make it to the court as "presentable facts" he no. Good job making up stories though .

4) And who's fault it is that no tax system, no economic growth plans, no public welfare work was done for the past 60 years? The name of the responsible party starts with "Mil*****". I hope you got it.

If there were civilians running the show for the past 60 years, the debt would've spread out over 60 years and majority of it paid back already. But since NO work was ever done by the military for the people of Pakistan, guess what? The work is now being done so the debt would look like mounting too. Someone is trying to do what didn't happen in the past 70 years, and that, without a tax system, without an economy and a real market!!!!!

God what a inaccurate and illogical post
1) i thk u havent read, China has invested in all those Countries. The major reason CPEC is attractive to Chinese is bcuz it reduces the risk of blockade through the Malacca Strait.
2) Trillion dollar loan to Pakistan, i think your the one who doesnt understand how economics work.....interest ap pay kerho gaay usper?
3) plz explain how NS's son has apartments in Park Lane UK, and if they are legal, through which banking channel and wat tax NS+family paid on that amount?

4) i think u r forgetting ur Hero NS and his party is a product of Mil**** party.

If civilains ran the show for 60 years we would have been bankrupt. Nationalization+ bangladesh fiasco are thanks to civilians. Tarbela and Mangalla Dams are thanks to Mil****. Incompetent Civilians cant even agree on Kalabagh.

 

[Muhammad Omar]

\
3) plz explain how NS's son has apartments in Park Lane UK, and if they are legal, through which banking channel and wat tax NS+family paid on that amount?
.

If they had apartment in Park Lane UK why would they give tax to Pakistani Gov? are you serious about that? their Apartment is in UK so they will pay tax to UK gov not Pakistan

2) Trillion dollar loan to Pakistan, i think your the one who doesnt understand how economics work.....interest ap pay kerho gaay usper?
.

Last time We Checked Pakistan total Loan stand on 68 Billion Dollars where did this Trillion dollar figure came from???
like Take example of Lahore Orange line metro Chinese are giving 1.6 Billion Dollar loan for that how we gonna pay it... Chinese will operate those trains for 20 years and the income that will be generated from that metro will be given back when they get their 1.6 billion back with interest they'll hand over that system to Pak Gov

US has the Debt of Trillion dollars and increasing every second why they are not paying it ? Every Country of the world has take loans

If civilains ran the show for 60 years we would have been bankrupt. Nationalization+ bangladesh fiasco are thanks to civilians. Tarbela and Mangalla Dams are thanks to Mil****. Incompetent Civilians cant even agree on Kalabagh.

Didn't those military took any loan from IMF and others? Bangladesh Fiasco well Military 90000 men surrendered in front of India were those 90000 were incompetent???
Did Musharaf in his 8 year rule made any power Plant ? he was also taking loans from IMF...
Civilian govt still making Dasu Basha Suki Kinari Karot and Neelum jehlum dams aren't these considered as dams even civilian govt is extending Tarbela dam what about that??

 

[pak avatar]

If they had apartment in Park Lane UK why would they give tax to Pakistani Gov? are you serious about that? their Apartment is in UK so they will pay tax to UK gov not Pakistan

Bhai they r Pakistani, where did they get the money to buy the apartments, obviously from Pakistan, so there shd be a source/transfer of funds to the UK to buy those apartments, if they were transferred legally...that money shd have been taxed in Pakistan

Last time We Checked Pakistan total Loan stand on 68 Billion Dollars where did this Trillion dollar figure came from???

Im quoting Viper who gave an example of trillion, atleast bother reading before mindlessly defending Nooras

Didn't those military took any loan from IMF and others? Bangladesh Fiasco well Military 90000 men surrendered in front of India were those 90000 were incompetent???
Did Musharaf in his 8 year rule made any power Plant ? he was also taking loans from IMF...
Civilian govt still making Dasu Basha Suki Kinari Karot and Neelum jehlum dams aren't these considered as dams even civilian govt is extending Tarbela dam what about that??

He was comparing past performance i.e past 60 years, not future. We r talking abt economic leadership, not military battles.

 

[Muhammad Omar]

Bhai they r Pakistani, where did they get the money to buy the apartments, obviously from Pakistan, so there shd be a source/transfer of funds to the UK to buy those apartments, if they were transferred legally...that money shd have been taxed in Pakistan
.

His son is a businessmen there he could have got after he put his Factory there

 

[mr42O]

If they had apartment in Park Lane UK why would they give tax to Pakistani Gov? are you serious about that? their Apartment is in UK so they will pay tax to UK gov not Pakistan



Last time We Checked Pakistan total Loan stand on 68 Billion Dollars where did this Trillion dollar figure came from???
like Take example of Lahore Orange line metro Chinese are giving 1.6 Billion Dollar loan for that how we gonna pay it... Chinese will operate those trains for 20 years and the income that will be generated from that metro will be given back when they get their 1.6 billion back with interest they'll hand over that system to Pak Gov

US has the Debt of Trillion dollars and increasing every second why they are not paying it ? Every Country of the world has take loans




Didn't those military took any loan from IMF and others? Bangladesh Fiasco well Military 90000 men surrendered in front of India were those 90000 were incompetent???
Did Musharaf in his 8 year rule made any power Plant ? he was also taking loans from IMF...
Civilian govt still making Dasu Basha Suki Kinari Karot and Neelum jehlum dams aren't these considered as dams even civilian govt is extending Tarbela dam what about that??

If u are living in Pakistan you have property or business outside Pakistan you have to declare it . Its same here in Norway and u have to pay tax

 

[Manidabest]

Cause Khattak will also ask for Orange Line metro in Peshawar too

so what if he asks for orange line??? dont u think pashtuns in Pakistan have equal rights to have such development projects in Peshawar???

 

[WAJsal]

Incompetence ? Really ?

- Inflation 12 year low
- Tax to GDP improved
- Foreign Reserves all time high
- Improvement in world corruption index
- Railways earning profit in every fiscal year since arrival of new faces
- PIA earning profit in every fiscal year since arrival of new faces
- Manufacturing and Industry sector producing and earning all time high and less loading shedding
- GSP with E.U
- Increasing trade with Central Asia and capturing markets
- GDP growth rate 5 year high
- 3G/4G auction
- First ever Auto and Aviation policy. Safety & invitation of new cars, new airports, taxes, etc
- First ever Energy policy. Mix use of Coal, Wind, Solar, Hydro, 10,000 MW in the next 3 years etc
- New Urban Transport systems
- CPEC, nation's largest FDI
- First ever National Health Insurance policy and funding

Answer this point by point, wont be surprised if you wont, have a nice day. Emphasis on, 'point by point'. BTW the topic is economy. I love how this mafia is fooling people so easily, stop worshiping these families.

According to data released by the State Bank of Pakistan (SBP) on Wednesday, FDI decreased by $989.3 million year-on-year in July-June, as it amounted to almost $1.7 billion in 2013-14.

2014-15: Foreign direct investment shrinks by 58.2% - The Express Tribune

Pakistan’s exports have plunged to a four-year low of $23.9 billion in the recently ended financial year – missing the target by $3.1 billion and tattering the much-trumpeted ‘Vision 2025’ that promises six times increase in exports in the next 10 years.

The country exported goods worth $23.9 billion during the last financial year 2014-15, which were $1.3 billion or 4.9% less than the previous fiscal year, reported the Pakistan Bureau of Statistics (PBS) on Thursday.

It was a poorer performance compared to Pakistan Peoples Party’s (PPP) last year in office, which is generally considered as a bad year in terms of economic policies and governance. In the last year of the PPP government, the exports had increased to $24.5 billon.

Alarming: Pakistan’s exports plunge to 4-year low - The Express Tribune

Pakistan’s external debt is projected to grow to a whopping $90 billion in the next four years and the country will need $20 billion a year just to meet its external financing requirements amid concerns that all constitutional arrangements put in place to manage debt have become ineffective.

Pakistan’s external debt set to grow to whopping $90b - The Express Tribune

While one moaned the excessive borrowing spree of the PPP led government, debt piling over the last two and half years has been no less scary. Violating all norms (including constitutional) of permissible level of debt in an economy, Pakistan seems headed towards a debt trap. From poorly negotiated terms with the IMF that decelerate economic activity and negate employment creation in home markets, the story is endless: crowding out the of the private sector (more than 85% loan portfolios of the commercial banks in the last 3 years are directed towards the government); compromising the very concept of sovereign debt - cost of governmental borrowing, which in-turn can have far reaching implications not only on the structure of debt but also on the sheer long-term
ability of future governments to reduce the debt ratio; the interest rate conundrum and compromising on the option of using national savings at a given time to reduce national debt; raising expensive debt to retire cheaper borrowings; and last but not least, the whole business of questionable dollar denominated bond issues in the international markets. Pakistan’s total external liabilities at commercial rates today stand at about 36% of our total debt, our principal and interest payment alone tend to be as much as 20% of our total export earnings and the total debt today is as high as nearly two and a half times of our total annual export receipts.

National debt: Facts from fiction?

“The cotton crop has failed and output is likely to be down by over 18 percent. This alone can reduce the GDP growth rate by one percentage point, given the role of cotton in the national economy,” it added. “Exports plummeted by over 14 percent in the first six months. Imports grew in overall quantity terms, thereby adversely impacting on production in import-substituting industries.” -

It said, according to the Social Policy and Development Centre’s estimates, the number of poor is annually increasing by more than three million. “The pressure for fiscal contraction under the IMF program has probably been one factor contributing to the recent increase in poverty,” the statement said.

It said there were also a number of factual inconsistencies in the statement made by Finger on the state of public finances and the IMF mission chief asserts that the reduction in fiscal deficit is a major achievement of the program.

The fiscal deficit is projected to come down to 4.3 percent of the GDP in 2015-16 from 8 percent of the GDP in 2012-13. However, in the latter year, there was a retirement of circular debt of the magnitude of 1.4 percent of the GDP.

“Currently, these liabilities have exceeded two percent of the GDP and inclusive of this the fiscal deficit will reach at least 6.3 percent of the GDP in 2015-16,” the statement said. “This indicates that the underlying magnitude of the fiscal deficit remains high.”

The think tank said the cash deficit may exceed 4.3 percent of the GDP in 2015-16 due to the cost of the prime minister’s agriculture relief package, higher tariff differential subsidy following the reduction in electricity tariff by Rs3/kilowatt hour, lower revenue from the gas infrastructure development cess and lower cash surplus by the provinces. “In fact, it will not be surprising if the fiscal deficit in 2015-16 exceeds the level attained last year of 5.3 percent of the GDP,” it added.

Think tank slams IMF for being soft on Pakistan’s economic indicators | Business | thenews.com.pk

My question to you is, if everything is hunky dory as the articles you posted make it out to be, why is Pakistan's overall economic situation getting worse.

According to the articles you posted, Investors are flocking to Pakistan and Pakistan's exports are increasing. But why do the final numbers say that FDI is at an all time low, Exports are at an all time low, Loans are at an all time high and most importantly our Cotton Crop has failed. SPDC has estimated that the poor in Pakistan are increasing at a rate of 3 million annually, so if the economy is improving than why is the number of poor increasing instead of decreasing.

Instead of making tall empty claims, why don't you provide any factual data.

Obviously there would be low FDI as Pakistan is Energy Deficient Country why would one Invest in Pakistan when you don't have power don't have proper Road network terrorism was all time high which just in 2015 came down by 70%

First Pakistan has to Become Energy Sufficient Country then investors will come
Due to Power Crisis our existing Industry is facing problems in the end of 2015 they (industries) were given electricity and 0 load shedding was done

in 2013 our country was about to default with just 6 billion dollars reserves left in the Reserves so if they didn't took loan that time where would the Money would come from? Our institutions was down to Earth in 2013 which was about to close down PIA had only 14 planes operational and Railway freight operations was 0

Better post, the problem lies with the priorities. Taking too much loan will create a massive problem in coming years, all in all very disappointing if you compare it with the amount of loan this government has taken, corruption ends the argument for them.

A PDF Average Moderator.......Hats Off @WebMaster @Irfan Baloch @Icarus

Is the truth that sour? I hope you all are ready for Maryam Nawaz, she is groomed quite well to take over her father, oh how the politics work in this country, hats off to this facade.

I will leave you people to your misery, it's not like we don't deserve Nawaz Sharif, or Bilawal Bhutto. Ciao!

 

[Foxtrot-Bravo]

Whatever, the goons are just not going to admit it.

 

[Muhammad Omar]

If u are living in Pakistan you have property or business outside Pakistan you have to declare it . Its same here in Norway and u have to pay tax

His son don't live in Pakistan Sir g

so what if he asks for orange line??? dont u think pashtuns in Pakistan have equal rights to have such development projects in Peshawar???

Who's stopping them to build it by their their own... same goes for Sindh

 

[Devil Soul]

Raheel Sharif Zindabad

 

[Tameem]

Is the truth that sour? I hope you all are ready for Maryam Nawaz, she is groomed quite well to take over her father, oh how the politics work in this country, hats off to this facade.

You wana taste the truth? Let me share US court order here on the authentication of an illegal Child of your leader or Benami transactions or justice wajih's findings on the absolute corruption within PTI, how that will be for your tongue to check what an actual truth look like? sour or sweet?

I will leave you people to your misery, it's not like we don't deserve Nawaz Sharif, or Bilawal Bhutto. Ciao!

Nawaz Sharif or Bilawal, whatever they are.....still a lot lot better then pathetic Taliban Khan under which we might negotiating with TTP at constitution avenue at this time.....hunnnhh!!