We are going to burn through reserves

[ziaulislam]

If pakistan just implement point to sales and digotize its economy(this can be done in 6 months)
It revenues will be up to 12,000 b
It will enough fiscal space to give 200b subsidies needed to solve power crisis(due to exepensive PMLN deals & 20-25% losses vs standard loss of 10-15%) and will have enough fiscal space to support export subsidies(300b)

This will solve all of our problems and debt to gdp will drop furthet due to better documentaion


So pakistan ONLY problem arguably is tax collection

Lack of tax collection is whats making govt do blunders(taxing the exports that sre easy to catch or making electricity /utility expensive for exports)

==
On topic
Will we burn through reserves

Not sure..if you look at sbp dats almost all CAD is due to oil imports so if we can get oil on deffered payment we will not burn througj reserves

But what will happen in 4 months when deferred paymnet is over??

That is the real question
We can hope for execellent demand, and low oil prices at around 50$ but thats about it

 

[ziaulislam]

You think so, Is that why PML_N is offering premier ship to PPP and PPP is offering it to PML_N? NO, it's because they both knows whom ever takes the top job is finished for good...

I disagree

PMLN ddint go finsihed depsite screwing people for 30 years

I dont know but PMLN led to bankrupcy in 1998 rupee devalued by 100% (it devalued only by 20% during IK era)
Yet PMLN was and is famous as ever
They increased sale tax by 2% yet they are as famous as ever

Its like erdogan no matter what he does he will be famous even if he does idiotic policies ..why?

Because people are in love with nawaz sharif and erdogan they saw both of these leaders as young chrismatic leaders who delivered(did they?)
Remeber nawaz sharif has been in politics earlier then bilawal(in 1980/40 years AGO!!!)
most of his voters remeber the young chrismatic anti PPPP leader who made people cry during his joshila speeches

Now yeah sure he is only popular in punjab since sindhis think he is fraud and KPK on other sideof indus thinks he was the one who made them starve for wheat but does he even need anyone else?

All PMLN needs is central punajb
You win 80/100 in central punjab ans you dont need anyone else(they won 94/100 in 2013)

Everything will fit together by itself as rest 30-40 seats can come from south punjab vaderas and free memebers or small parties

 

[HttpError]

Does that mean our PKR will turn into Toilet Paper? Wow, that wouldn't be a surprise.

 

[SoulSpokesman]

@ziaulislam @Zibago @Turingsage

GDP to debt ratio of pkistan is lowest in region Problem isnt debt but tax collection

And GDP is most understated for Pak. Zia sb is right. Pakistan doesn't have a economic crisis. What it has is a public finance crisis.

Regards

 

[ziaulislam]

@ziaulislam @Zibago @Turingsage

GDP to debt ratio of pkistan is lowest in region Problem isnt debt but tax collection

And GDP is most understated for Pak. Zia sb is right. Pakistan doesn't have a economic crisis. What it has is a public finance crisis.

Regards

Today if FBR decide not to collect tax(haopened in past we had years with negative growth) we will be bankrupted even if we have zero debt

Pakistan problem has never been debt it has always been unable to pay debt due to poor revenue collection and external crisis due to poor exports

The former needs taxing the retail/service sector(40% of our gdp)
The later needs diversification, technical education and utilities susbsidies to export industries

 

[peagle]

You think ?
This is election fever and NOTHING has been thought out regarding the economy.
IMF will not comment as it would be accused of being partisan.
IMF are spitting feathers but must stay mum.

In your old age, I recommended practicing prayer, rather then hate.
Your relentless hate towards Pakistan, Muslims and Islam is just shameless.

What the heck are you talking about?

The IMF is not a political organisation, it makes no statements, it merely has to comment on anything regarding the program.
The government discussed the package with the IMF before it was announced, so your point is a retarded lie, born out of hate towards Pakistan. You are a shameless individual.

 

[ghazi52]

Man your lucky
Everywhere in the world prices have rocketed
Bills upto your eyeballs increase of 30% on average here in West Indies
Wages still at same level as before
Suffering and strife

And your still complaining lol

No end for complaining this is in DNA,

 

[ziaulislam]

In your old age, I recommended practicing prayer, rather then hate.
Your relentless hate towards Pakistan, Muslims and Islam is just shameless.

What the heck are you talking about?

The IMF is not a political organisation, it makes no statements, it merely has to comment on anything regarding the program.
The government discussed the package with the IMF before it was announced, so your point is a retarded lie, born out of hate towards Pakistan. You are a shameless individual.

Give him a break he is an old man
They change seldom

 

[Turingsage]

It does but the way to fix this requires tough measures that have been delayed multiple times due to political implications

Problem isnt debt but tax collection

Then borrow away. Visit every capital in the world asking for loans and freebies

So pakistan ONLY problem arguably is tax collection

No. Its the irrational and regressive taxation system engineered by the same group of people who bring different "leaders" in a "democratic" election promising something different but actually play with deck chairs on a Titanic.

The government discussed the package with the IMF before it was announced,

Indeed it did. It just broke that agreement after collecting latest $1 billion tranche. IMF is stuck with recalcitrant govts who do not follow through on the agreed reforms.
22 times.

 

[peagle]

Give him a break he is an old man
They change seldom

That is a picture of Homi Bhabha, we don't really know who he is. But he pretends to be old, so I'll call him as such.

He could be anyone, but we shouldn't care who he is, if he preaches hate, then he does not deserve any respect whatsoever.

Just because you are old, it doesn't mean you have the freedom to spread and preach hate. According to him, He was kick out of Africa, at the very least, he should know better, he should try to promote harmony, rather then the repetitive hateful crap he comes out with on PDF.

If this was a Pakistani spreading the same rubbish on an Indian forum, they wouldn't just threat him, but they would rape him, physically, doesn't matter if he's an old man. He doesn't have the shame to realise he is being treated with a degree of respect by Pakistanis, but he still chooses to endlessly spray vile hate.

Old, man? he is a vile bigot, that's what he is, and nothing else.

 

[ziaulislam]

Then borrow away. Visit every capital in the world asking for loans and freebies



No. Its the irrational and regressive taxation system engineered by the same group of people who bring different "leaders" in a "democratic" election promising something different but actually play with deck chairs on a Titanic.



Indeed it did. It just broke that agreement after collecting latest $1 billion tranche. IMF is stuck with recalcitrant govts who do not follow through on the agreed reforms.
22 times.

Lol

 

[Turingsage]

In your old age, I recommended practicing prayer, rather then hate.
Your relentless hate towards Pakistan, Muslims and Islam is just shameless.

You mean commenting on a taxation system geared for the benefit of the rich is hate of Muslims than I will indeed pray for you.
When have I pilloried Islam ?
I rarely mention religion being a atheist from the age of 15 when I learned to think with a brain, evolution has gifted.

He could be anyone

I am old. You are right about that.

 

[BRAVO_]

Govt is doing exactly what they were suppose to do long back anyways those people who are against the current step of Govt few days back they were saying why govt is not giving any relief.. and now when govt has given relief suddenly they become spokesmen of IMF.

Coming back to the point how govt will support their relief related to Fuel, Pakistanis consume on average 1.5 billion litters of it every month which mean govt will spend 15 billions Rupees a month. and package will persist for next 4 month total value will be 60 billion Rupees.

Govt is already ahead of 286 billions Rupees their tax collection target during last 8 months, on the other hand they have already imposed 350 billion rupees Taxes in January, accumulative figures will increase more than 1500 Billions and we are talking just 60 billion for fuel subsidy here and for electricity they will spend 170 billions ??

eventually it will decrease cost of goods and improve the over all market situation

 

[peagle]

You mean commenting on a taxation system geared for the benefit of the rich is hate of Muslims than I will indeed pray for you.
When have I pilloried Islam ?
I rarely mention religion being a atheist from the age of 15 when I learned to think with a brain, evolution has gifted.



I am old. You are right about that.

Brain, you don't have brain in your head, you have hate, for all things Pakistani, Muslims and Islam.

I know about hypocritical Indian atheists, they love to use this word, it's time to let go because it is nothing but a war cry to develop favourable argument, pure BS.

I'm referring to your total contribution on this site, on PDF, all your comments are filled with lies, double meanings and naked hate.

Now, you telling naked lies about your lies, you are a shameless individual. You should feel lucky you are amongst Pakistanis, who have enough decency to tolerate the likes of you, because by nature they are an accepting lot.

Whereas, you are consumed by hate, I hope it eats you.

 

[Turingsage]

Hate is a wasteful emotion but its your posts that reflect that hate.
I asked where have I denigrated Muslims or Islam???
And If I am lying point out the lies.
Calling someone a liar without pointing out a lie is just a distorted opinion