Author Archive

Time for Economic Emergency

Respected Prime Minister Mr. Imran Khan Sahab.

AoA.

Sir,

IMF has only 8% share of our total foreign loans, but has 100% control on our financial and non financial matters and in fact, now moving towards controlling defence matters, as well.

According to a recent past working of Dr. Ashfaque Hasan Khan just for $ one billion 1st tranche loan of IMF we were forced to incur $40 billion expenses; and now for the next tranche even more extra burden on the poor public is in the offing, in the shape of highly stringent, impossible and humiliating conditions.

In view of the foregoing, we must ponder seriously that enough was enough and now you as our elected Prime Minister, must take a firm stance, else it may not take much time, where our sovereignty shall have to be compromised for just, extra one or two billion dollars.

As far as alternate doable plans to replace IMF loans for putting the country’s economy on an even keel is concerned, you may form an emergency economic task force consisting of an internationally reputed taxation/financial experts like Dr. Ikramul Haq, Dr. Ashfaque & Dr. Akmal Hussain who should be tasked with suitable authority (under economic emergency powers) to rehabilitate/revamp entire taxation system of Pakistan, which definitely has the potential of enhancing tax revenues to 100 billion USD, in a short time.

Best Regards,

Syed Nayyar Uddin Ahmad

Best ever recipe of a world level expert for the economic emancipation of Pakistani🇵🇰

The present downward slide could result in such an exchange rate collapse. But before that, hyper inflation generated by the precipitous depreciation of the exchange rate could destabilise the political system and become a major national security problem, God forbid. It is essential therefore that we take urgent measures to prevent such a disaster. The essential reason why the exchange rate is depreciating is that debt servicing has become so high that it cannot be financed from our meagre foreign exchange earnings. This means that we are borrowing at high interest rates on short term to finance servicing on past debts. But in the process further increasing the level of the debt stock and changing its composition towards high cost debt.


The way to address the problem is two-fold:
First, in the short term, repay the about USD 120 billion debt in one go from the earnings of leasing out under utilised urban government land in Lahore, Faisalabad and Islamabad, to property developers in the Middle East, US and China. This will quickly provide the fiscal space to chart a new course whereby we restructure the economy to work for the people rather than the foreign debtors.


Second initiate medium term policies to develop a people centred, high growth economy and diversify exports towards knowledge intensive, high value exports. ( See my paper in Strategic Thought, the NDU journal). This would liberate us from debt dependence and create an economy for and by the people. This would also create the economic underpinning of a sovereign state.

Dr Akmal Hussain

False Statement of Raja in the Senate Allows the Indians to Humiliate Pakistan

Dear Mr. Imran Khan Sahab.

AoA.

Sir,

During the eight year period between 2015 and 2023 Pakistan, Australia, WI, SA, NZ, SL, BD will receive from the ICC $120m and England $135m and India $415m.

From BCCI’s share, Mr. Ehsan Mani as Chairman ICC Finance & Commercial Affairs Committee, blocked approximately $25m due to a tax liability for which BCCI failed to provide a government tax waiver for an event in India.

Indian companies buy approximately 65% -70% of ICC media and commercial rights, and they exploit those rights to promote their own businesses, detailed as below.

Pakistan’s matches in ICC events are the second most followed matches on TV and digital media.

The single most watched match is always Pakistan vs India. A 10second advertisement slot is sold by Star for $35,000 vs about $20,000 for the next highest match. Star can generate $18m-$20m in advertising revenue from a single Pakistan / India match.

Raja’s allegation that Pakistan does not contribute to ICC revenues is completely incorrect. In fact, Indian Star TV earns approximately $18m-$20m in advertising income from a single Pakistan / India match, which proves that India earns almost PKR 3.40 billion from a match played with Pakistan, which in turn proves that Pakistan is a very lucrative financial vehicle for India and if seen in the context of Ramiz Raja’s statement at the Senate of Pakistan, it was the Pakistani PM who has the power to cut off this income for India; rather than the Indian PM having any authority to financially strangulate the PCB (as stated by Raja).

If there are 8 ICC events, Pakistan and India will play 8 first round matches. Assuming that they both qualify and play each other in 2 additional matches, over 8 years, Star will gross at least $200m (approximately PKR 34 billion) from Pakistan vs India matches.

Pakistan’s contribution is 50% plus advertising income that the broadcasters generate from other Pakistani matches.

Pakistan generates over 2-3 times more for the ICC commercial partners than it receives from the ICC and Ramiz Raja had the guts to glorify Indian role and disgrace and scare Pakistanis in the Senate of Pakistan, which needs strongest possible action against him, as honour and dignity of Pakistan was so badly tarnished in front of the Pakistani Senators that immediately the Indians taking cue from the false and pro India statement of Ramiz Raja, issued a video further insulting Pakistan which has gravely hurt the sentiments of all Pakistani patriots world over.

Submitted for your favour of an urgent action to minimise further humiliation of the sacred integrity and honour of the motherland.

Kind Regards,

Syed Nayyar Uddin Ahmad

No Compromise on National Honour

Dear Mr. Prime Minister,

Sir,

The following statement quoted below (reported by www.dawn.com) of the chairman PCB Ramiz Raja is absolutely absurd, an insult of Pakistani nation and above all devoid of facts:

Quote. “He said that if the Indian prime minister decides to stop funding at any point, the cricket board could “collapse”. Unquote.

The fact is that PCB is not getting any charity from India and ICC as per its rules, auctions media/adversing rights of its tournaments and this income is distributed among member countries.

As such, even the father of Modi has no power to seize the ICC’s payments of Pakistan’s due share, which could (God forbid) result in the collapse of the PCB.

In view of the foregoing derogatory and incorrect statement of Ramiz Raja which has insulted the entire Pakistani nation and severely hurt the sentiments of Pakistanis, all over the world, as well as demoralised and undermined the honour of our nation, the Prime Minister of Pakistan Mr. Imran Khan is earnestly requested to immediately remove him from his post and issue necessary orders for an appropriate/strict legal action as per relevant laws of the land, for defaming our motherland, while sitting on a very high post.
Link:- https://www.dawn.com/news/1650640/good-news-in-the-offing-new-zealand-rescheduling-pakistan-tour-ramiz-raja-tells-senate-body

An early action shall be highly appreciated in the length and breadth of Pakistan.

Kind Regards,

Syed Nayyar Uddin Ahmad
03219402157
Lahore.

8 October 2021

A Fervent Appeal for Saving the Honour of Our Motherland

Dear All in the Government of Pakistan
Dear All in the Parliament of Pakistan
Dear All Pakistanis in Pakistan and Abroad

AoA.

Nations (big or small) are known for their honour, dignity & self respect.

65 countries (including Pakistan which had no direct conflict with the USSR) boycotted 1980 Moscow Olympics & 14 countries boycotted the Los Angeles 1984 Olympics on principles. Similarly, in 1996 cricket World Cup West Indian and Australian cricket teams forfeited their matches and refused to play in Sri Lanka.

Another World Cup co-hosted by three countries and there was more controversy. This time it was Zimbabwe, under Robert Mugabe’s regime, that was facing heavy political unrest. In such a scenario, then British Prime Minister Tony Blair ordered England to not travel to Zimbabwe. He, however, requested the ICC to consider altering the venue which was denied. Zimbabwe were awarded a walkover and four points. However, unlike Australia and West Indies in the previous edition, the result had a huge bearing on England’s fate.

Both England and Zimbabwe finished with three wins each and a washout in Zimbabwe’s final game against Pakistan meant they qualified for the next round alongside Australia and India.

Similar to England, New Zealand too were apprehensive about travelling to Kenya owing to the security concerns. After multiple meetings with top officials, the New Zealand Cricket board decided to not send their team to Kenya.

As a result, four points were awarded to the African nation. New Zealand did qualify for the Super Sixes but because of the walkover, the Kenyan side had a four-point advantage over the Kiwis. As the format had points carried to the next stage, by the end of Super Sixes, Kenya were placed third with 14 points while New Zealand finished fifth on eight. That meant Kenya qualified for the semi-finals of the World Cup for the first time.

Pakistan is a giant cricket playing nation having won Champions Trophy 2017, ODI & T20 World Cup winners in 1992 and 2009 respectively and # 1 ranked Test Team in August 2016.

Since, we have tangible proof of FAKE Indian email sent to sabotage entire schedule of foreign team’s visits to Pakistan for many years to come, the honour, dignity and self respect of our motherland demands that we must boycott ICC T20I World Cup matches versus India (for indulging in state sponsored cricket terrorism in Pakistan), New Zealand (for cancelling the tour on baseless and fake threat and NOT cancelling the tour of England by NZ’s Women team despite having received the same type of threat almost at the time in U.K.) and England’s team (for cancelling Just two T20 matches tour without any threat or cogent reasons).

Our boycott will shake up the ICC and SPECIALLY the Indians, who are certainly bound to lose MAXIMUM media related revenue, proof of which can be gauged from the fact that yesterday, when online tickets purchase was sold out within two hours, for the India vs Pakistan match of the ICC T20I World Cup.

Last but not the least, playing the World Cup matches in the UAE with India, New Zealand and England will irreparably damage our dignity, honour and self respect; and in future NO team worth its name, will visit Pakistan, again, in the near and the long run. As such, we all Pakistanis are OATH bound to defend the HONOUR of the motherland must decide against any compromise (for whatsoever reasons) to the contrary.

PAKISTAN PAINDABAD

Syed Nayyar Uddin Ahmad

Lahore.

Pakistan
6 October 2021

A very thin line divides honour and dishonour

Mr. Prime Minister of Islamic Republic of Pakistan.

Sir,

There is not an iota of a doubt that New Zealand’s Cricket Board cancelled its Pakistani tour on a fake email originally generated from Mumbai by the Indian agencies to sabotage the flourishing cricket in Pakistan. Here, the meanness of the New Zealanders can be gauged from the fact that the so called threat communication was not shared with the Pakistani authorities, which is a fit case for legal action by the PCB to claim the damages suffered by the PCB on account of finances and reputation.

In this regard, PCB should also announce a boycott of all cricket matches against the NZ’s team starting from the match scheduled against them in the ICC T20I World Cup21, to be played in the UAE, till such time full losses of the PCB are paid and the NZ team visits again to Pakistan for the same duration compensatory tour.

Regarding the cancellation of England’s men and women cricket teams visit to Pakistan on even more flimsy and baseless grounds, the matter is much more serious, considering that the two reasons (security threat and players welfare) given by the Chairman ECB Mr. Ian Whatmore for cancellation of the tour.

In this connection, the British High Commissioner to Pakistan is on record having firmly said that no new Advisory about any change in the security status of Pakistan was issued.

Later on, media also reported that British PM Boris Johnson was angry over the ECB’s cancellation of Pakistani tour, without any reason.

Now, when the excuse of security threat was demolished by the British government, the players welfare excuse also automatically disappears, particularly when the players were not specifically touring Pakistan, but they were transiting to Pakistan before the World Cup for two virtually practice matches, before the start of the World Cup, for which they were coming to the region.

However, the story doesn’t end here. as the chairman ECB himself admitted about the wider damages to Pakistan‘s cricket, due to the England team’s cancellation of the shortest possible tour of just two T20 matches quoted as below.

Quote.
“ The repercussions of that decision are still playing out for Pakistan. There is concern within the PCB that England’s withdrawal would lead to Australia also not touring, as they are due to, early next year. That would leave what was supposed to be one of Pakistan’s biggest home seasons in recent years in tatters.”
Unquote.

In order to control any extremely serious and irreparable future damages to Pakistan’s cricket such as cancellation of the Australian team’s tour early next year, it is requested that PCB must call an emergency ICC meeting to clearly inform that since England’s en route tour of just two matches was erroneously and in a haste cancelled on totally false premise by the ECB, they must review it’s decision and visit Pakistan as scheduled earlier, otherwise, Pakistan has full right to decide not playing the T20I World Cup matches against the teams of England, New Zealand and India.

It is absolutely confirmed that the ICC and the Indian media companies having rights of broadcast and telecast can not afford such a huge loss of revenues, in case Pakistan boycotts three important matches, including the most revenue generating match against India.

The gist of the above suggestion is that respect is always earned and rights are snatched by the honourable nations; as such, since the PCB also has the trump card (option of boycotting three World Cup matches) we must show our firm resolve and resolutely stand for our rights and honour in the world arena of cricket at the ICC.

Kind Regards,

Syed Nayyar Uddin Ahmad
Lahore.

30 September 2021

A Roadmap for Pakistan – Post NATO Withdrawal From Afghanistan

Respected Mr. Imran Khan Sahab.


AoA.


Sir,


The below write up titled “What next for Pakistan after Afghan peace agreement?” (Annex –  A) is to invite your kind attention towards the fact that Pakistan can only move forward, if:

~ We decide as a nation to keep domestic politics freezed, for say about next 10 years: and simply focus on national development agenda, by involving the entire nation and not keeping any relevant stake holder at bay. In fact, this will put horse (development agenda) before the cart (domestic politics).

~ Involvement of entire population by authentic decentralisation, without mixing any semblance of domestic politics. Our local bodies system has inherent manufacturing defect that the cart (domestic politics) is put before the horse (development). As such, keeping this objective in view, it has been proposed in the 1 March 2020 write up titled “What next for Pakistan after the Afghan peace agreement?” to wind up the current set up of provincial governance system (in a least disruptive manner) to be replaced with a set up of an administrative units.

In view of the fact that after wasting almost three quarters of a century in doldrums, Pakistan must now make up the lost time, without any further delay, because, it is certain that no amount of wealth or resources can develop our country, without first changing the existing decadent system, which was and is, basically designed to serve the elite, at the expense of the teeming millions, turning it into a country of ONLY the rich, FOR the rich BY the rich.
As such, our motherland needs every Pakistanis personal contribution, by way of our intellectual involvement, in bringing a genuine CHANGE of system in Pakistan, focussed on the needs of the have-nots of Pakistan.


Warm Regards,


Syed Nayyar Uddin Ahmad

+ 92 321 9402157

Lahore.

7 March 2020


(Annex – A)

What next for Pakistan after Afghan peace agreement?
We must remember that behind this defeat of the 50 NATO countries alliance in Afghanistan is Pakistan and the biggest proof, evidence, testimony & symbol of their defeat is that the sole super power of the world called the United States of America was forced to sign the peace deal not with its puppet government in Kabul, but with the Afghan Taliban Organization, which USA till date, has not officially recognised.


The defeat of NATO forces and victory of Taliban in Afghanistan war can also be measured with the statement of Dr. Henry Kissinger quoted as below:


Quote:“ The conventional army loses if it does not win. The guerrilla wins if he does not lose.” Unquote.


Moreover, the set back to the Indian designs (of sandwiching Pakistan from two fronts)  far more outweighs its impact, over the western countries. 


For Pakistan, this is a moment of retrospect and thanksgiving to Allah (SWT) Who has blessed us with the total withdrawal of the inimical forces and its operatives, from our western frontiers, which has been achieved by the supreme sacrifices of the hundreds of thousands of Pakistanis blood, under the able civilian and military leadership of the country.


Now, specially India (to safeguard its commercial interests) will need unhindered access through Pakistani land, air and sea space for connecting with the CAR countries. 


Further, the CPEC has suddenly become strategically even more important, for the regional countries of Arab peninsula up to Bangladesh, Indonesia, Vietnam, Australia and NewZealand, for approach to CAR  countries.


In view of the foregoing, now Pakistan can be truly and suddenly turned into the gateway of China and CAR countries, for the this part of the fastest developing nations of the globe.


As such, Pakistanis must UNITE immediately to minimise politics from our body politic; and devote our entire repeat entire energies to aim for the following targets in next 10 years i.e., by the year 2030.


1. 100 % literacy of the population. 

2. 100 % education in population. 

3. 100 % Polio free population. 

4. 100 % toilets in homes.

5. $200 billion per year exports target.

6. 10% GDP growth.

7. 100 % self sufficiency in oil and gas supplies from domestic sources. 

8. Construction of dams for the next 75 year’s water & power needs.

9. 100 % villages to be provided electricity power from renewable power sources and construction of 100% farm to market metalled roads.

10. Radical reforms in the Judicatory, Police and  the Administrative sectors to cope with the modern day needs of the 21st century.

11. Creation of administrative units by eliminating the current governance system based on HUGE sized provinces. In this regard, each division should be called a unit and named as PK-1 to onwards. There should be no set up of governors and chief ministers.  Rather, each unit should be governed by an elected (on non party basis at least for first ten years) person who may be called Ameer or Mayor of the unit.This new set up is necessary, keeping in view of the failure of all other systems and set ups in Pakistan; and considering that decentralisation (not just in name, but in true sense, with total autonomy of all administrative and financial powers) is the main key for extremely fast speed development of Pakistan, with the sole aim of uplifting in ten years, more than 120 million poor people from below the 2 Dollar per day income level of earnings. Else, no civil or military government (led by any honest, sincere and competent leader) with the current system of governance (political, judicial, Police & Administration) can ever deliver for teeming millions of Pakistan, who, unfortunately, are being pushed below the poverty line threshold, with the advent of every new government.As such, CHANGE is the name of the game  for the survival of Pakistan, which has been unfortunately, left behind by ALL the countries of our region. 


Syed Nayyar Uddin Ahmad

1 March 2020

Pakistan will only be partner in Peace

Pakistani Prime minister Mr. Imran Khan informed the world about the policy of NAYA Pakistan under his rule very early in August 2018 that Pakistan will no longer participate in any others war and will only join hands with friends in the partnership of peace. His few minutes talk video is attached for ready reference and watching.

IK on Peace

Hydrogen Bomb and its It’s Link With Rare Earth Metals….Is Someone Listening in Pakistan?

India’s thermonuclear bomb https://tribune.com.pk/story/2070720/6-indias-thermonuclear-bomb/

India is setting the groundwork for a more ambitious hydrogen bomb project at the Rare Materials Plant, 160 miles to the south of Rattehalli, close to the city of Mysore.

It pains me to say that despite writing (dozens of times since the advent of PTI government) directly to the PM Mr. Imran Khan and his (many) Federal Ministers, about the Pakistan’s WORTH and STRATEGIC VALUE of the Rare Earth Metals, there was ZERO Progress.
Attached below are the latest news in the world’s arena, on the subject, which highlights that besides, money, how much a country like Pakistan, can be at the center of the importance of the developed world, if our mineral resources are speedily exploited (specially all 17 REM’s) of above $51 trillion, which can be judged by the fact that the 2018 GDP of the top ten economies of the world was $58 trillion.
Sorry to say that there looks no difference in the attitude of previous and the current government’s in such matters of huge national importance.

  1. From Discover on Google https://www.straitstimes.com/asia/se-asia/malaysia-can-draw-up-to-s33b-in-rare-earths-investment-over-next-10-years-minister
  2. From Discover on Google https://www.reuters.com/article/us-usa-rareearths-pentagon-exclusive/exclusive-pentagon-races-to-track-us-rare-earths-output-amid-china-trade-dispute-idUSKCN1U727N

29 May 2019
Subject:- Strategic importance of Rate Earth Metals wealth of Pakistan

Respected Mr. Imran Khan Sahab.

AoA.

Sir,

Your kind attention is invited towards the following two international news publications of 29 May 2019, about Rare Earth Metals strategic importance (link provided below), as already narrated in some detail vide email dated 23 May 2019 attached below:

  1. China gears up to weaponise Rare Earths as trade war..https://www.bloomberg.com/amp/news/articles/2019-05-29/china-gears-up-to-weaponize-rare-earths-dominance-in-trade-war
  2. US risks devastating blow from China’s Rare Earth monopoly..https://www.bloomberg.com/news/articles/2019-05-29/u-s-risks-devastating-blow-from-china-s-rare-earths-monopoly

In view of the very high strategic importance of the matter, kindly order top most priority for immediate start of work on recovery of mineral wealth of Pakistan, with particular reference to Rare Earth Metals wealth of Pakistan, which deserves much more importance than any other project of the country.

Best Regards,

Syed Nayyar Uddin Ahmad
03219402157
Lahore.

23 May 2019

Subject:- Mr. PM your urgent attention is requested – Pakistan have reserves of REM with much better recovery rate than China – Dr. Imran Khan – China’s rare earth supplies could be vital bargaining chip in U.S. trade war.

Dear Mr. Imran Khan Sahab,

AoA.

Sir,

According to Dr. Imran Khan, (as already informed repeatedly earlier), Pakistan’s worth of mineral wealth, minus oil and gas reserves is over $51 trillion which includes Rare Earth Metals ($53 trillion is the total worth of GDP of the top ten richest nations of the world).

In this regard, we can become top most wealthy nation of the world, if your government starts this project on a fast track basis, under the highly technical and professional guidance of Dr. Imran Khan, who is the only expert having done Geological Survey in Pakistan, India, China and the USA.

In this connection, in order to highlight the economic and strategic importance of the the REM’s; attached below is an article for your kind perusal, published today.

As such, kindly order top most priority for start of work on recovery of mineral wealth of Pakistan, which deserves much more importance than any other project in Pakistan.

China’s rare earth supplies could be vital bargaining chip in U.S. trade war

 Last Updated On 23 May,2019 02:20 pm

Samples of rare earth minerals, Cerium oxide, Bastnasite, Neodymium oxide and Lanthanum carbonate.
WASHINGTON (Reuters) – Rare earth elements are used in a wide range of consumer products, from iPhones to electric car motors, as well as military jet engines, satellites and lasers.

Rising tensions between the United States and China have sparked concerns that Beijing could use its dominant position as a supplier of rare earths for leverage in the trade war between the two global economic powers.

WHAT ARE RARE EARTHS USED IN?

Rare earths are used in rechargeable batteries for electric and hybrid cars, advanced ceramics, computers, DVD players, wind turbines, catalysts in cars and oil refineries, monitors, televisions, lighting, lasers, fiber optics, superconductors and glass polishing.

Several rare earth elements, such as neodymium and dysprosium, are critical to the motors used in electric vehicles.

RARE EARTHS IN MILITARY EQUIPMENT

Some rare earth minerals are essential in military equipment such as jet engines, missile guidance systems, antimissile defense systems, satellites, as well as in lasers.

Lanthanum, for example, is needed to manufacture night vision devices.

The U.S. Defense Department accounts for about 1% of U.S. demand, which in turn accounts for about 9% of global demand for rare earths, according to a 2016 report from the congressional U.S. Government Accountability Office.

A front-end loader is used to move material inside the open pit at Molycorp’s Mountain Pass Rare Earth facility in Mountain Pass

WHICH COMPANIES ARE MOST DEPENDENT ON CHINESE SUPPLIES?

Companies such as Raytheon Co, Lockheed Martin Corp and BAE Systems Plc all make sophisticated missiles that use rare earths metals in their guidance systems, and sensors. Lockheed and BAE declined to comment. Raytheon did not respond to a request for comment.

Apple Inc uses rare earth elements in speakers, cameras and the so-called “haptic” engines that make its phones vibrate.

The company says the elements are not available from traditional recyclers because they are used in such small amounts they cannot be recovered.

Since 2010, the government and private industry have built up stockpiles of rare earths and components that use them, according to Eugene Gholz, a former senior Pentagon supply chain expert, who teaches at the University of Notre Dame.

Some suppliers have scaled back their use of such elements, he said.

                  A bastnaesite mineral containing rare earth 

WHAT ARE RARE EARTHS AND WHERE DO THEY OCCUR?

Rare earth metals are a group of 17 elements – lanthanum, cerium, praseodymium, neodymium, promethium, samarium, europium, gadolinium, terbium, dysprosium, holmium, erbium, thulium, ytterbium, lutetium, scandium, yttrium – that appear in low concentrations in the ground.

Although they are more abundant than their name implies, they are difficult and costly to mine and process cleanly. China hosts most of the world’s processing capacity and supplied 80% of the rare earths imported by the United States from 2014 to 2017. In 2017, China accounted for 81% of the world’s rare earth production, data from the U.S. Geological Survey showed.

Importers made limited efforts to reduce rare earth consumption and dependence on China after a diplomatic dispute between China and Japan in 2010. Japan accused China of halting rare earth supplies for political reasons, sparking recognition worldwide of the risks of dependence on one supplier. China denied it had halted supplies.

Few alternative suppliers were able to compete with China, which is home to 37% of global rare earths reserves.

California’s Mountain Pass mine is the only operating U.S. rare earths facility. But MP Materials, owner of Mountain Pass, ships the roughly 50,000 tonnes of rare earth concentrate it extracts each year from California to China for processing.

China has imposed a tariff of 25% on those imports during the trade war.

Australia’s Lynas Corporation Ltd this week said it signed a memorandum of understanding with Texas-based Blue Line Corp to build a rare earth processing facility in the United States.

Rare earths are also mined in India, South Africa, Canada, Australia, Estonia, Malaysia and Brazil.

HOW ARE RARE EARTHS AFFECTED BY U.S. TARIFFS?

So far, the U.S. government has exempted rare earths from tariffs on Chinese goods.

OPTIONS TO REDUCE RELIANCE ON CHINESE IMPORTS

U.S. senators introduced legislation in May to encourage development of domestic supplies.

Recycling has also emerged as a potential source for rare earth minerals.

Nebraska-based Rare Earth Salts is taking old fluorescent light tubes and recycling them for their rare earth elements, which comprise about 20 percent of the bulb, according to the Association of Lamp and Mercury Recyclers.

Best Regards,

Syed Nayyar Uddin Ahmad
03219402157
Lahore.

Doctor’s Recipe for Jumpstarting Pakistan’s Economy

Dr. Ikram ul Haq’s doctrine for:

i) Fast track jump in FBR’s tax revenue to PKR 8 trillion per year (Income tax PKR 5 trillion & Sales Tax PKR 3 trillion).

ii). FBR should get 100 million registered as taxpayers before June 2021, out of that 20 million have taxable income.

iii) Refund of about PKR 70 billion from FBR to masses on account of unlawful advance income tax collected in cell phone bills will create huge goodwill in the masses about the PTI government.

FBR should register 100 million as taxpayers before June 2021, out of that 20 million have taxable income. By bridging tax gap [out of 2.4 million return received by FBR till today, 1.5 million declared NIL income], we can reach the figure of Rs. 8 trillion (Income tax Rs. 5 trillion and sales tax Rs. 3 trillion). FATF requirement of comprehensive data will also be met to come out of grey list. If Imran Khan pays back refunds of 12.5% of 80 million adults [having non-taxable or NIL income] who paid advance and adjustable income tax of 12.5% tax as pre-paid or post-paid mobile, PTI will get sure victory in next elections. 80 million having income less than Rs. 400,000 will get refund of about Rs. 70 billion for tax years 2019 & 2020 alone as total withholding under this head was Rs. 102 billion as per FBR Year Book for 2019-20 and 2018-19. Pakistan will have data of all 100 million adults—already verified through biometric and having mobile connectivity. Refund to them will be a great gesture of helping those earning no income or income below taxable limit in COVID-19 endemic.
Step 1: FBR to compulsorily register all 100 million mobile users.
Step 2: SMS message to them giving username and password to upload or update profile on FBR’s website answering just 4 questions:


A. Dependent or head of family as per NADRA record. If head number of dependents.
B. Self employed or salaried person [salaried person to write name of employer]
C. If self employed the nature of businesses or profession and address of business.

  1. Annual net income from all sources
    On the basis of above we will have National Socio-Economic Registry of households.
    *Those having taxable income but never filed income tax return and sales tax statement should be facilitated to file simple and easy one-pager tax return having declaration of gross sales or receipts, as the case may be, made available both in English and Urdu. Those living in areas where internet is not available can take help of Post Office nearby or a person having 3G/4G service of any mobile company to fill simple declaration. *It will help in documentation of all households and their earning levels at national level by matching family-tree data available with NADRA. Individuals earning below taxable limit should be paid Income support (negative tax) till the time the State provides them employment and not keep them beggars for life*. Those not registered as voters will be helped through ECP to become voters.
    30 March 2021
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