S-2
PROFESSIONAL
- Joined
- Dec 25, 2007
- Messages
- 4,210
- Reaction score
- 0
"Privatizing the largest loss making PSE's would give Pakistan around 300 billion rupees additionally (no more subsidies to cover their annual losses)."
This would be contingent upon their sale into the private sector. That's problematic unless the profit potential is there without undue investment narrowing the margins. Are these PSEs currently attractive or, if not, can they be made so?
"Expansion of the tax base would yield hundreds of billions more."
That's long been a desire. Expansion would be attendant with tax reform, would it not?
"These reforms generate far more revenue than cuts in the defence budget ever could..."
Perhaps. Nonetheless, until they're implemented there'll be no way to determine absolutely if that's the case. Bureaucratic mechanisms move slowly whether in the form of U.S. aid, Pakistani public sector enterprise sales and tax reform or even military transformation.
"...and they allow for enhancing our development without compromising our national security."
We'll disagree here that you nat'l security would be compromised by the proposed transformation changes. I'm not, however, opposed in principle to your proposals. They generally make sense in any case. Anything that can be a net contributor to Pakistan's nat'l health is a valid consideration IMV.
This would be contingent upon their sale into the private sector. That's problematic unless the profit potential is there without undue investment narrowing the margins. Are these PSEs currently attractive or, if not, can they be made so?
"Expansion of the tax base would yield hundreds of billions more."
That's long been a desire. Expansion would be attendant with tax reform, would it not?
"These reforms generate far more revenue than cuts in the defence budget ever could..."
Perhaps. Nonetheless, until they're implemented there'll be no way to determine absolutely if that's the case. Bureaucratic mechanisms move slowly whether in the form of U.S. aid, Pakistani public sector enterprise sales and tax reform or even military transformation.
"...and they allow for enhancing our development without compromising our national security."
We'll disagree here that you nat'l security would be compromised by the proposed transformation changes. I'm not, however, opposed in principle to your proposals. They generally make sense in any case. Anything that can be a net contributor to Pakistan's nat'l health is a valid consideration IMV.