Archive for the ‘Action Plan to Revive Pak Economy’ Category

27 May 2018

Ten million jobs..!

Dear Mr. Asad Umar,

AoA.

Sir,

Please accept my wholehearted appreciation on your excellent article titled “Ten million jobs” published today on 27 May 2018 by the daily “The News”.

In this regard, as stated in your today’s article that Pakistanis should guide you on how best to provide an honourable livelihood to all our citizens and put the country on the path to sustainable prosperity; I give below my humble suggestions for engaging millions of our youth, in productive activities, through a well coordinated program, as per the details reproduced and also link given below:

Link:- https://www.snayyar.com/how-to-transform-pakistan-the-most-heroin-addicted-country.html#sthash.UXuhBx7d.dpbs

Best Regards,

Syed Nayyar Uddin Ahmad

What’s app +92 321 9402157

Cell:               +61 490098320

Sydney

The following email message from the VP USA, reveals how much importance the US government is attaching to combat the heroin and prescription opioid epidemic ripping apart families and communities in America.

Email of VP USA Joe Biden, reproduced below, as an eye opener:

From: “Vice President Joe Biden”
Date: 13 December 2016 at 9:37:24 PM GMT+5
To: <nayyar51@hotmail.com>
Subject: God willing, this bill will save lives:
The White House, Washington
Last Monday night, forty-four years after the people of Delaware first sent me to the United States Senate, I presided over a Senate vote for one of the last times.

As Vice President of the United States and president of the Senate, I served as the presiding officer as the Senate moved forward on the 21st Century Cures Act, a bill that will harness America’s best minds in science, medicine, and technology to tackle the biggest health challenges of our time.

This bill will help us combat the heroin and prescription opioid epidemic ripping apart families and communities. It invests in programs to improve mental health treatment and suicide prevention. It will provide resources for President Obama’s BRAIN and Precision Medicine initiatives, so that our world-class researchers can figure out how to better prevent, treat, and eventually cure Alzheimer’s, epilepsy, and traumatic brain injuries.

And this is the part that’s personal for me and for millions of Americans: The 21st Century Cures Act invests $1.8 billion to help us end cancer as we know it. For over a year, I’ve been leading our National Cancer Moonshot to fundamentally change the culture of our fight against cancer and inject a sense of urgency into it. This bill goes a long way to help us — investing in promising new therapies, enhancing prevention and detection efforts in every community regardless of zip code, and bringing us closer to the day when there are vaccines for all kinds of cancer, just as we have them for measles or mumps.

God willing, this bill will save lives.

While I was presiding in the Senate, my colleagues from both sides of the aisle renamed the section of this bill on cancer research for my son, Beau, who lost his battle with brain cancer, but like countless Americans who lost their own battles, inspires us to do everything we can for the loved ones we can save. My thanks goes out to the bipartisan leadership — Democrats and Republicans in the House and the Senate — who ensured that this important bill became law. Without this true bipartisan support, this piece of legislation, which will help millions of Americans, would not have been possible.

Today, President Obama will sign the 21st Century Cures Act into law. One last time in our Administration, I will stand right by him at a signing ceremony — proud of our country, and proud of the work we’ve done to give people hope.

I hope you’ll join me.

Thanks,

Joe
We wish our federal and provincial governments in Pakistan were also aware about the drug related damage, being caused by this menace which is more damaging than terrorism, to our future generations.

In this regard, the recent deaths of a student of LUMS in Lahore and a lady in the Chamba House Lahore, reportedly due to the drugs overuse, is just the tip of the iceberg.

If anyone wants to know the stark reality of the gravity of drug menace in Pakistan, the following two paragraphs of an article’s link given below, will suffice as an eye opener:

Quote:
“Pakistan, a country already tormented by regional insurgencies, is fighting a losing battle against a different kind of foe: drug addiction. In the country’s northwestern province of Khyber Pakhtunkhwa (KPK), an estimated 11 percent of residents use illicit substances – primarily heroin. Peshwar, the provincial capital of KPK, is a city rife with homeless addicts and dirty needles.”

“Pakistan’s illegal drug trade is believed to generate $2 billion a year [making] Pakistan the most heroin-addicted country, per capita, in the world.” Unquote.

Link:- http://thediplomat.com/2014/03/pakistan-the-most-heroin-addicted-country-in-the-world/

In this connection, it is earnestly and urgently requested that the Prime Minister of Pakistan and all opposition parties, particularly having representation in the parliament (because they are ruling in all the four provinces of the country), to accord top priority to protect our future generations, from the most deadly menace of increasing drugs use trend, in our kids and youth on streets and educational institutions, by joining hands in planning and execution of legislation and action plans, on war like emergency basis.

In this regard, we should not only concentrate to fight the drug menace from just one angle, but our plan should be multi pronged, encompassing every conceivable activity in society, to provide healthy atmosphere to our youth.

First of all we must include the dangers of drugs use in the curriculum of the junior classes to educate and brain wash our youth in their early ages.

Sports is another activity in which, fortunately, our youth loves to indulge in.

Revival of sports in country will also provide jobs to many jobless youth in our country.

In this regard, a presentation on how to revive sports in Pakistan was given to the PMO on 6 September, 2016 wherein, it was also suggested to build few modern sports cities (as a part of CPEC program) to channelise the energy of our youth from drugs, crime and terrorism towards healthy sports activities, along with automatic provision of jobs, from the newly created sports industry.

Somehow, it seems that like all previous governments, this PMLN government does not even consider sports, as one of its last priorities.

If anyone wants to know the importance of sports in transforming a society, kindly peruse the following statement of late Nelson Mandela, slightly modified to be applicable on current Pakistani state of affairs of the society.

Quote:
“Sports has the power to change Pakistan…it has the power to inspire. It has the power to unite Pakistani people in a way that little else does. It speaks to the Pakistani youth in a language they understand. Sports can create hope for the entire Pakistani nation, where once there was only despair, lawlessness, hunger, unemployment, poverty, drugs, suicide bombings and alarming increase of suicides due to the economic hardships. It is more powerful than government in breaking down the menace of drugs and terrorism which has blown the country to the smithereens.”
Unquote.

Best Regards,

Syed Nayyar Uddin Ahmad

An advice/plan previously given on 26 June 2016 to PMLN’s government titled “How to improve economy with sports?” which fell on deaf ears of those who were never bothered about the welfare of the teeming millions of Pakistan.

How to improve national economy and reduce expenses on health budget with investment in sports..?

26 June 2016

Respected Mian Muhammad Nawaz Sharif Sahab,

اسلام و علیکم

Sir,

The subject mentioned article is submitted for your personal kind perusal and is based on an old maxim quoted as below:

“The battle of Waterloo was won on the playing fields of Eton”.
(i) The British were given to believe the real reason which tipped the balance in their favour in wars was the superior character of its young men built in boarding schools while playing games like cricket.

(ii) Eton was one of the famous English boarding schools that trained English boys for careers in the military, civil service and the church. (DAANISH Schools of the Punjab Government are a great example of a visionary project to turn around the fortunes of the future generations of Pakistan).

(iii) Famous public schools saw team sports like cricket not just as outdoor play, but as an organised way of teaching English boys, the discipline, the importance of hierarchy, the skills, the codes of honour and the leadership qualities that helped them build and run the British Empire.

(iv) Through the game of cricket-the ideal that cricket was played not for victory or profit but for its own sake, in the spirit of fair play, the British imperialists sought to justify their conquests and glorify the self image of English elite as “unselfish acts”.

(v) Though it suited the English ruling class to believe that it was the superior character of its young men built on playing fields that tipped the balance, the Napoleanic wars were won due to the economic resources of England. It was progress in trade and industry which made England, the world’s greatest power.

As such, a humble effort is made with the subject mentioned article reproduced below, to raise this nation’s full economic potential in trade and industry, through a physically super-fit Pakistani population, which must collectively believe in the saying “healthy body healthy mind’.

Last but not the least, we have to consider the 200 million population of Pakistan, as a huge manpower asset of this planet, which needs to channelise its positive energy into specific future goals, set by the nation’s visionary leadership. The national leadership must also determine, how to achieve these goals.

ARTICLE.

It is no secret that how politics coupled with corruption, has spoiled the sports in the country, which has earned the DUBIOUS distinction of the worlds BIGGEST nation, NOT to have earned a single medal in the Olympics, since the year 1994. While, much smaller and poorer countries like Ethiopia, Afghanistan and Kenya, have proved that winning medals at international level is just a matter of commitment, dedication and simple hard work, sans politics.

In the past, luckily our cricket, hockey, squash and some other sporting teams and players have been bringing laurels for Pakistan; with very little money, extremely small size governing boards and minimal politics.

Gradually, the foundations of key sports in Pakistan were eaten up by the greed of money, rampant corruption, nepotism, politics and incompetencies of the successive governments, sports managers and the players combined.

If, we have to put the sports in Pakistan back on the right track, two basic things are necessary.

Firstly, a vision and secondly, visionary and totally focused sports leadership, to put Pakistan back on top, at the worlds’ sports map.

As far as, the vision is concerned, nothing ever said about sports can match the following quote of Mr. Nelson Mandela, “Sport has the power to change the world…it has the power to inspire. It has the power to unite people in a way that little else does. It speaks to youth in a language they understand. Sport can create hope where once there was only despair. It is more powerful than government in breaking down racial barriers.”

Now, taking a cue from the above mentioned statement of Mr. Nelson Mandela, it is suggested that Pakistani government should slightly re-phrase it and declare the following as its VISION statement:

“Sports has the power to change Pakistan…it has the power to inspire. It has the power to unite Pakistani people in a way that little else does. It speaks to the Pakistani youth in a language they understand. Sports can create hope for the entire Pakistani nation, where once there was only despair, lawlessness, hunger, unemployment, poverty, drugs, suicide bombings and alarming increase of suicides due to the economic hardships. It is more powerful than government in breaking down the menace of terrorism which has blown the country to the smithereens.”

Moreover, sports raised in the country on modern and scientific lines can be one of the biggest economic sector; providing employment, reducing poverty and drastically improving public health and fitness levels.

Under an sports advisor to the Prime Minister, we need to have a Pakistan Sports Commission (PSC) responsible for central planning under the banner میرا پاکستان sports system.

Under the this system, Pakistan will root out talented young children and put them in special academies from as young as four years old. If they are able to progress, athletes who make the cut should be put into a relentless training programme, filled with targets they must regularly hit, and paid by the government a monthly wage of Rs.60,000/-

Each year, the best athletes should then be sent to national training centres to be established at all the provincial capitals, where they will compete to enter Pakistan’s national team.

If they will succeed, they will move with their families into these training centres and live there all year round. These centres will train the sportspersons having the following mission statement:

“There will be no breakthrough without the hardest hardship. You cannot be a champion without going through the ultimate pressure”.

For as long as they will be successful, the national team members will benefit from perks including air tickets for their parents to watch them compete and, in some cases, sponsorship deals.

Sportspersons who will win medals in international competitions, or with national titles, can attend university after their career ends, with the tuition fee paid for, by the government.

The Pakistan Sports Commission (PSC) should have three units under the Advisor on Sports to the PM, namely the administrative departments, sport competition management centres, and other support and services institutions.

The PSC will be closely tied with All Sports Federations of Pakistan and the Pakistan Olympic Committee (POA). Besides forming strategies for sport development, overseeing their implementation, and developing mid- and long-range sport development plans, the PSC will be responsible for 9 number of functions as detailed below:

1. Creating a national sport framework

2. Promoting physical activity and exercise participation in schools and local and regional communities

3. Organising national sporting events

4. Organising international sport events in Pakistan.

5. Enforcing antidrug and anticompetitive measures.

6. Supporting research into the development of sports.

7. Implementing regulations governing the sport industry, sport market, and sport-related business activities.

8. Implementing national physical training standards and supervising public health in coordination with the Ministry of Health.

9. Overseeing sport activities with foreign associations and teams, and sport-related cooperation and communication with foreign countries.

To fulfill the nation’s Olympic strategies and ambition, the PSC and sport authorities at the provincial level will play a key role in promoting sport development in Pakistan.

One of the strategies should be the sponsorship of the Pakistan National Games (PNG), modelled after the modern Olympic Games; the PNG will be the largest and most important sport extravaganza in Pakistan. Each province-level administrative unit should send a team to compete in the PNG. The preparation for and competition at the PNG will allow the government to cultivate elite Pakistani athletes for major world competitions.

The essence of Pakistani Olympic strategies and ambition will be a unique system of selecting and training elite athletes.

Pakistan will become one of the few countries in the world that dedicate and use spare-time sport schools extensively to train and prepare future elite athletes. A spare-time sport school will be a boarding school specialized in sport and established to train Olympic hopefuls. Students will be selected for their athletic talent. They will take academic classes in the morning and engage in rigorous sport training sessions in the afternoon. These sport schools will serve as a reserve pool for elite sport teams at the provincial and national levels.

The Sports Law of Pakistan should became effective within six months of the formation of the PSC, becoming the first fundamental legal document for sport.

The Sports Law will establish the main tasks and key principles in managing the sport industry, confirming the importance of mass sport, and identifying the duties and responsibilities of sport-related organizations.

Essentially, the law will set the framework for the development of modern sport in Pakistan. The enactment of the law will signify that the sport industry in Pakistan has entered a new era under the protection of the country’s legal system.

Based on the Sports Law, local governments at provincial and city levels will have the right and authority to make their own rules for managing sport within their jurisdictions.

The Plan for Olympic Glories should also be released by the PSC within six months of its formation. The plan should outline three goals:

(a) restructuring the system in elite sport training and management.

(b) enhancing the elite athlete delivery pipeline and system (including sport schools).

(c) endeavours to maintain the nation’s leading position in world sport competitions.

The PSC should also promulgate the guidelines for a national fitness program. The guidelines should be drafted with the aim of improving the health and the overall physical condition of the general population.

The guidelines will encourage everyone, especially children and adolescence, to engage in at least one sporting activity every day, learn at least two ways of keeping fit, and have a health examination every year.

The aim will be that by 2020 about 40 percent of Pakistan’s population would be regularly participating in physical activity and that clear improvement would take place in the physical fitness level of Pakistani citizens.

In this modern era sports needs professionalisation which will lead to commercialisation; this means that sports associations become profit-making entities and that there will be a club system and professional sports leagues will also be formed. Sports clubs operations will cover ticket sales, advertising, club transfers, commercial matches, and television broadcasting.

This will open for world wide sports playing and related job opportunities for Pakistani sportspersons.

Best Regards,

Syed Nayyar Uddin Ahmad

If the Indian numbers of receiving $70 billion remittances (after including $4.9 billion remittances from Pakistan) in the year 2015 were not a lie, then either both the World Bank and State Bank of Pakistan are lying or it is a fact that a massive amount of $4.9 billion in 2015 and $4.7 billion in 2014 = $9.6 billion in two years moved from Pakistan to India purely on account of REMITTANCES and not on trade or any other account.

SHABASH to NAB for grabbing the bull by its horns.

@WorldBank must first say that #India was lying that it got $70 billion #remittances in 2015 which included $4.9 billion from #Pakistan only then WB’s denial can b accepted‬.

‪World Bank denies reports that #Nawaz #Sharif #laundered $4.9 billion to India http://toi.in/zSl4Cb/a24gj via @timesofindia

Pakistan remitted a total of $9.6 billion in 2014 & 2015 to India:

Pakistan 4th largest source of remittances to India..!

Link:- http://wap.business-standard.com/article/current-affairs/pakistan-4th-largest-source-of-remittances-to-india-115122400035_1.html

$4.7b remitted to India from Pakistan in 2014 & $4.9 billion in 2015 total = $9.6 billion: report

https:/www.google.com.pk/amp/s/www.pakistantoday.com.pk/2015/10/08/4-7b-remitted-to-india-from-pakistan-in-2014-alone-report/amp/

Written 3 years ago on 5 March, 2015.

A clarion call to the PM Pakistan..!
Mian Muhammad Nawaz Sharif,

AoA.

Sir,

Now today when your party has won every possible seat in the senate, it is not the time to rejoice. Rather, you must rise to the occasion with more humility and statesmanship to serve the nation in a unique way by uniting all the political forces and the stake holders, on a plan of charter of development for next hundred years for Pakistan, wherein, every aspect of economic activity affecting the poorest of the poor should be decided with consensus.

In this regard, all the national stake holders should decide now about all future plans (for the next hundred years these plans should be divided in 20 five plans) in the educational, health, infrastructure, science and technology, housing, social services, communications, IT and all other segments of civil and military sectors.

And after a consensus is developed amongst all the stake holders, on the charter of Pakistan for the next hundred years, for example, which dams, roads, ports etc., will be constructed during the next century; no politics should be allowed on this rebuilding of the country and all future governments must be bound (as per a law passed from the parliament) to adhere to this agreed plan in a most sacrosanct manner.

Sir, it must be made clear to all and sundry that during the last almost 68 years, our preferences of self serving politics, over the development of Pakistan (for example not allowing to build certain mega dams and projects) has practically made the nation bankrupt, where a stage has arrived that we have to take the loans to repay the loans; and against about $15 billion foreign exchange reserves, foreign debt stands above $70 billions.

As such, under the circumstances, denial for a consensus is not an option. If at this turning point of our history, the collective national leadership will fail the nation, then the following couplet of Dr. Allama Iqbal should also be remembered by replacing Hindustan with Pakistan:
نہ سمجھو گے تو مٹ جاؤ گے اے ھندوستان والو
تمہاری داستان تک نہ ھوگی داستانوں میں

Best Regards,
Syed Nayyar Uddin Ahmad

5 March, 2015 (Exactly 3 years ago).

PAKISTAN has accumulated expensive loans, a huge trade gap and a big current account deficit, declining remittances and state-owned enterprises are incurring losses of over $ 5 billion per annum. There is massive corruption in society, so much so that the size of the black economy has overtaken the country’s annual budget, money laundering is in excess of $10 billion annually; and a steeply depreciating rupee.

This is a sure recipe for disaster. Thus a radical change is the need of the hour.

Our political parties have shown no resolve to address the issues afflicting the country. It seems they neither have the capacity nor the will to deliver.

Perhaps, the system was never designed to serve the people. In view of the foregoing, it is the most appropriate time for a surgical corrective action.

We need a consensus government of young, qualified and honest people, who are less than 45 years of age at the Centre and the provinces to achieve the following six tasks in short and medium-term period.

1) Reviving the economy of Pakistan.

2) Draft a new social contract for every sector with special focus on the have-nots.

3) Devise a governance plan, which should be free from the blackmailing of the mafias, lobbies and the pressure groups.

4) Further enhance the scope of CPEC projects.

5) Develop mechanism to stop corruption and money laundering.

6) Plan up a robust strategy to bring back the wealth stashed abroad by Pakistanis.

To ensure that the country stays on the right track, every economic activity must be documented while taxes and duties should be reduced to bare minimum not exceeding 10% in any case.

I am in sixties, and have no qualms in admitting that our generation has failed Pakistan. Now it is high time, we must hand over the mantle to those who are qualified, energetic, capable and less than 45 years old.

Syed Nayyar Uddin Ahmad
Dawn 24 October 2017

Post Script:

The cardinal rule to build a sustainable economy is to live within the means; for which austerity is the secret of success.

In Pakistan, we can easily control our expenses, if the following statement is adopted as a motto/mission; and implemented as an official policy, and is also displayed in the offices of the civil and military bureaucracy, just below the portrait of Quaid-e-Azam Muhammad Ali Jinnah Sahab:

“Recall the face of the poorest and the weakest man whom you may have seen and ask yourself if the step you contemplate is going to be of any use to him.”

Qarz ki peetay thay mai aur samajhtey thay key haan
rang laavegi hamaari faaqa masti aik din

It seems that our economy is a fit case for putting it under ICU, considering that usable foreign currency reserves available with all commercial banks have slid to a mere $200 million.

Moreover, it has been reported that the net foreign currency reserves of the central bank would stand close to $4.5 billion even after including $2.5 billion that Pakistan borrowed last month from international debt markets; and that the $5.8 billion amount has to be excluded from the SBP’s gross official reserves of $15.1 billion, which will bring down the reserves to $9.3 billion. Further, another $4.8 billion have to be excluded on account of repayment of external debt in the coming months.

The gravity of the economic situation of the country can be further gauged with the fact that while the GDP was $304 billion our total domestic and international debt was +$250 billion which was + 82% against 60% limit set out in the Fiscal Responsibility and Debt Limitation (FRDL) Act of 2005 for the debt reduction path.

Recently, the International Monetary Fund (IMF) has asked Pakistan to adopt a new legal framework for public finance management, aimed at stopping the country from borrowing recklessly and ensuring strict oversight of parliament on unchecked expenditure, which in other words means adopting strict austerity measures.

Moreover, a report of the finance ministry has confirmed that by June this year seven out of nine debt sustainability indicators have weakened.

Our Ministry of Finance is culprit of misusing another avenue – the supplementary budget, which is issued during the course of the fiscal year, without prior approval of the parliament.

The finance ministry has (mis) used this avenue to buy luxury cars, pay subsidies to sugar barons and finance the expenditures that it deliberately camouflaged, at the time of the new budget’s approval, to hide the actual budget deficit.

In this regard, the issue of massive corruption coupled with increasing cost of living has forced even the middle class people, to take out their children from good private schools to average schools; and increasing incidents are being reported about suicides, due to the economic hardships and poor mothers giving birth on roads and floors of the hospitals.

To further add to the problems of the poorest of the poor population of about 14 crore Pakistanis, who are barely alive or living with daily income of maximum 2 dollars per day, the rulers have decided to further increase debt burden of the country; by agreeing on 8 December, 2017 with the IMF, to depreciate Rupee, which has the following two pronged adverse affects on the poor people:

Firstly, the cost of almost 100% items suddenly increases and secondly, every single Rupee devaluation, increases our total loan, by a whopping $2.5 billion.

Moreover, recently the government further increased the debt burden with an amount of $2.5 billion by floating bonds in the international market with extremely high interest rates (which discreetly includes waiving a dozen taxes to make deals more attractive for investors).

Under the foregoing circumstances, in order to avoid the dreaded melt down of economy, we will have to invent homegrown solutions to revive our economy, which in fact, is now a matter of survival of our nationhood.

Every sane person in Pakistan knew well in advance that Mr. Ishaq Dar will ultimately sink the country economically; and ditch it after recklessly borrowing loans, with interest rates as high as 8.25%, which till date, stands as a world record, for highest interest rate.
The solution for Pakistan’s economic malaise can not and never be found in getting loans to repay the loans and to build false foreign exchange reserves with loans.
The cardinal rule to build a sustainable economy is to live within the means; for which austerity is the secret of success.
In Pakistan, we can easily control our expenses, if the following statement is adopted as a motto/mission; and implemented as an official policy, and is also displayed in the offices of the civil and military bureaucracy, just below the portrait of Quaid-e-Azam Muhammad Ali Jinnah Sahab:
“Recall the face of the poorest and the weakest man whom you may have seen and ask yourself if the step you contemplate is going to be of any use to him.”
Moreover, the following austerity measures may be adopted on emergency basis till our budget deficit is overcome and total government debt is repaid:
1. No officially paid foreign treatment for any government official or public representative be allowed without exception.
2. No government official or public representative be allowed air travel (domestic & foreign) in business/first class, on official expense.
3. No foreign tours for government officials and public representatives on official expense, without the permission/clearance of the chairman NAB. In this regard, for the foreign visits of President, Prime Minister and CM’s, no more than two persons shall accompany them on official expense.
4. All public sector organisations/corporations/
companies and sports organisations falling under the purview of the federal and provincial governments of Pakistan, must be headed by a private sector person, who should be suitably qualified, experienced and duly recommended by the Federation of Pakistan Chambers of Commerce and Industry/PEC/PMDC and other such relevant apex bodies. Moreover, all such organisations must be bound to send their internal, external and special audit reports to the Chairman NAB on regular basis.
5. Immediate issuance of orders for 50% reduction in protocol expenses (specially the motorcade) of all VVIP and other government and public servants and representatives.
6. No subsidised food and other items be allowed to be served, in the canteens/restaurants/kitchens of the President/PM houses/offices, Senate, National and Provincial assemblies.
7. Complete bar/ban on any development allocation to the parliamentarians.
8. Total ban on announcements of funds/packages for development schemes by the President/PM, CM’s and anyone for any area, community, scheme, organisation, body or NGO. All such decisions should be mentioned in an organised manner in the annual budget.
9. No announcements by any government functionary of rewards for players/board employees of sports board/body/Federation etc from the national exchequer, as was recently done in July last, to the cricket players and employees of the PCB, after the victory in the Champions Trophy, when besides players, board employees were also given crores of Rupees from the national exchequer of the country, which is obtaining loans to repay its debt.
10. Strict moratorium on purchase of news cars/vehicles by any government department or organisation, before 10 years use of the old car.
11. Complete ban on official entertainment (Breakfast, Hi-Tea, Lunch or dinner) except one dish serving for any local and foreign guests.
12. No payment (in any official legal case of government or its allied departments/organisations) to any lawyer on government expense over Rs.1 million. Beyond this amount payment approval must be obtained from the chairman NAB.
13. Only one premises should be given the status of President House, Prime Minister House, Governor House and the Chief Minister House.
Besides the above austerity measures, the following steps are also suggested to rejig the national economy on a fast track mode.
1. Request to all foreign donors for a 10 years moratorium, on all debt repayments by Pakistan, which is a frontline state of the world’s war on terror (WOT). Here, don’t forget that the world powers have totally written off loans of many countries, for much less cooperation than Pakistan, which is practically fighting their war, for more than a decade and a half.

2. 20% per annum reduction in all non-developmental government expenditures, plus total freeze in all perks paid from the national exchequer, involving foreign currency.

3. Maximum tax rate on each and every type of income in Pakistan should be fixed at 10%. This will not only bring huge revenues to the government, but will also discourage the tax evasion tendencies.
The size of our undocumented economy is almost equal to the yearly budget of Pakistan.
The best way to minimise black money is not the launching of amnesty schemes, because the black money keeps flourishing after taking advantage of such facilities. If we really want to deal with the menace of undocumented economy on a permanent basis, the ideal way is to either eliminate taxes or reduce the rates of taxes to a minimum level i.e., not more than 10%. This low level of tax rate will not only spur an economic boom, but will also automatically encourage people towards paying the taxes; rather than giving bribes to the government officials to save higher payments of taxes.

4. Impart training on war footings, of various modern skills to the country’s huge unskilled manpower, for increasing the industrial and agricultural productivity, competitiveness, value addition & exports.

5. Special support and incentives for developing world class facilities for enhancing income from tourism sector, which should encompass religious, medical, educational, hunting, entertainment and traditional tourism, specially keeping in view how rapidly Dubai has become a world tourist destination, by juxtaposing technology with innovative ideas. In technology and innovation Pakistan will have to be one step ahead of Dubai and Singapore.

6. Set a target for 20% per annum increase in foreign remittances, by offering innovative incentives to expatriate Pakistanis, which should even attract foreigners to park their money in Pakistan.

7. Outsource FBR functions (which will alone increase income by Rs.1000 billion) & IMPOSE FLAT 10% tax on ALL & EVERY TYPE OF INCOME (as already mentioned at 3. above), without any exemption (except for the security forces personnel, whose salaries may be doubled with expected receipt of un-precedented increase in revenues). This will not only reduce income tax burden on salaried class (with max. tax rate of 10%. Here don’t forget consultants are already paying 10% tax), but will also result in so much increase in revenues, to the extent that government will not require any tax fresh imposition, in the budget. Plus, the government will be able to give tax free salaries to all the armed forces, rangers, police and other security agencies personnel, who are shedding their blood, in fighting the menace of terrorism, for our and our children’s safe TOMORROW.

8. Pakistan’s Foreign policy is excellent in theory, perhaps the best in the world. However, this policy should be implemented in its true letter and spirit, with core emphasis on PEACE particularly with its neighbours; and Foreign Policy thrust and motto of all our diplomats should be that any and every action in their embassy, must result in the economic benefit of the country. Foreign missions exceeding their allocated targets of investments and remittances should be lavishly rewarded with monetary benefits.

9. Initiate steps (by imposing economic emergency) to bring each and every economic activity under document. In China even road side vendors issues receipts for sales of minor items.

10. To attract huge world wide foreign exchange deposits from expatriate Pakistanis and foreigners, allow profit rate of 3% PA to be paid on half yearly basis, on Dollar and other specified foreign currency bank accounts in Pakistan. We should not forget that in 2013 Pakistan borrowed at 3% from the IMF and sold Eurobonds at 8.25%.

Pakistan Paindabad.

Few suggestions to improve economy on fast track after the great escape of the hitman..!

According to a news item reported today, our federal government is moving fast in the direction of further burdening Pakistan, with the borrowing of fresh loans.

Link:
Amid declining reserves, Pakistan set to start borrowing journey https://tribune.com.pk/story/1564936/2-amid-declining-reserves-pakistan-set-start-borrowing-journey/‬

As we are well aware that currently Pakistan’s total internal and external debt liability stands at a whopping number of $250 billion, which is almost equal to our GDP of under $300 billion. [ Finance Minister Ishaq Dar is often accused of manipulating figures to show reduced fiscal deficit as well as the total debt that according to the central bank rose to Rs22.2 trillion in 2016-17 compared to Rs14.8 trillion of 2013. The latest figure of the total debt stands at Rs25 trillion. link…https://tribune.com.pk/story/1544770/2-ticking-economic-bomb/ ]

Every sane person in Pakistan knew well in advance that Mr. Ishaq Dar will ultimately sink the country economically; and leave it after recklessly borrowing loans, with interest rates as high as 8.25%, which till date, stands as a world record, for highest interest rate.

The solution for Pakistan’s economic malaise can not and never be found in getting loans to repay the loans and to build false foreign exchange reserves with loans.

The cardinal rule to build a sustainable economy is to live within the means; for which austerity is the secret of success.

In Pakistan, we can easily control our expenses, if the following statement is adopted as a motto/mission; and implemented as an official policy, and is also displayed in the offices of the civil and military bureaucracy, just below the portrait of Quaid-e-Azam Muhammad Ali Jinnah Sahab:

“Recall the face of the poorest and the weakest man whom you may have seen and ask yourself if the step you contemplate is going to be of any use to him.”

Moreover, the following austerity measures may be adopted on emergency basis till our budget deficit is overcome and total government debt is repaid:

1. No officially paid foreign treatment for any government official or public representative be allowed without exception.

2. No government official or public representative be allowed air travel (domestic & foreign) in business/first class, on official expense.

3. No foreign tours for government officials and public representatives on official expense, without the permission/clearance of the chairman NAB. In this regard, for the foreign visits of President, Prime Minister and CM’s, no more than two persons shall accompany them on official expense.

4. All public sector organisations/corporations/
companies and sports organisations falling under the purview of the federal and provincial governments of Pakistan, must be headed by a private sector person, who should be suitably qualified, experienced and duly recommended by the Federation of Pakistan Chambers of Commerce and Industry/PEC/PMDC and other such relevant apex bodies. Moreover, all such organisations must be bound to send their internal, external and special audit reports to the Chairman NAB on regular basis.

5. Immediate issuance of orders for 50% reduction in protocol expenses (specially the motorcade) of all VVIP and other government and public servants and representatives.

6. No subsidised food and other items be allowed to be served, in the canteens/restaurants/kitchens of the President/PM houses/offices, Senate, National and Provincial assemblies.

7. Complete bar/ban on any development allocation to the parliamentarians.

8. Total ban on announcements of funds/packages for development schemes by the President/PM, CM’s and anyone for any area, community, scheme, organisation, body or NGO. All such decisions should be mentioned in an organised manner in the annual budget.

9. No announcements by any government functionary of rewards for players/board employees of sports board/body/Federation etc from the national exchequer, as was recently done in July last, to the cricket players and employees of the PCB, after the victory in the Champions Trophy, when besides players, board employees were also given crores of Rupees from the national exchequer of the country, which is obtaining loans to repay its debt.

10. Strict moratorium on purchase of news cars/vehicles by any government department or organisation, before 10 years use of the old car.

11. Complete ban on official entertainment (Breakfast, Hi-Tea, Lunch or dinner) except one dish serving for any local guests and two dishes for foreign guests.

12. No payment (in any official legal case of government or its allied departments/organisations) to any lawyer on government expense over Rs.1 million. Beyond this amount payment approval must be obtained from the chairman NAB.

13. Only one premises should be given the status of President House, Prime Minister House, Governor House and the Chief Minister House.

Besides the above austerity measures, the following steps are also suggested to rejig the national economy on a fast track mode.

1. Request to all foreign donors for a 10 years moratorium, on all debt repayments by Pakistan, which is a frontline state of the world’s war on terror (WOT). Here, don’t forget that the world powers have totally written off loans of many countries, for much less cooperation than Pakistan, which is practically fighting their war, for more than a decade and a half.
2. 20% per annum reduction in all non-developmental government expenditures, plus total freeze in all perks paid from the national exchequer, involving foreign currency.
3. Maximum tax rate on each and every type of income in Pakistan should be fixed at 10%. This will not only bring huge revenues to the government, but will also discourage the tax evasion tendencies.
The size of our undocumented economy is almost equal to the yearly budget of Pakistan.
The best way to minimise black money is not the launching of amnesty schemes, because the black money keeps flourishing after taking advantage of such facilities. If we really want to deal with the menace of undocumented economy on a permanent basis, the ideal way is to either eliminate taxes or reduce the rates of taxes to a minimum level i.e., not more than 10%. This low level of tax rate will not only spur an economic boom, but will also automatically encourage people towards paying the taxes; rather than giving bribes to the government officials to save higher payments of taxes.
4. Impart training on war footings, of various modern skills to the country’s huge unskilled manpower, for increasing the industrial and agricultural productivity, competitiveness, value addition & exports.
5. Special support and incentives for developing world class facilities for enhancing income from tourism sector, which should encompass religious, medical, educational, hunting, entertainment and traditional tourism, specially keeping in view how rapidly Dubai has become a world tourist destination, by juxtaposing technology with innovative ideas. In technology and innovation Pakistan will have to be one step ahead of Dubai and Singapore.
6. Set a target for 20% per annum increase in foreign remittances, by offering innovative incentives to expatriate Pakistanis, which should even attract foreigners to park their money in Pakistan.
7. Outsource FBR functions (which will alone increase income by Rs.1000 billion) & IMPOSE FLAT 10% tax on ALL & EVERY TYPE OF INCOME (as already mentioned at 3. above), without any exemption (except for the security forces personnel, whose salaries may be doubled with expected receipt of un-precedented increase in revenues). This will not only reduce income tax burden on salaried class (with max. tax rate of 10%. Here don’t forget consultants are already paying 10% tax), but will also result in so much increase in revenues, to the extent that government will not require any tax fresh imposition, in the budget. Plus, the government will be able to give tax free salaries to all the armed forces, rangers, police and other security agencies personnel, who are shedding their blood, in fighting the menace of terrorism, for our and our children’s safe TOMORROW.
8. Pakistan’s Foreign policy is excellent in theory, perhaps the best in the world. However, this policy should be implemented in its true letter and spirit, with core emphasis on PEACE particularly with its neighbours; and Foreign Policy thrust and motto of all our diplomats should be that any and every action in their embassy, must result in the economic benefit of the country. Foreign missions exceeding their allocated targets of investments and remittances should be lavishly rewarded with monetary benefits.
9. Initiate steps (by imposing economic emergency) to bring each and every economic activity under document. In China even road side vendors issues receipts for sales of minor items.
10. To attract huge world wide foreign exchange deposits from expatriate Pakistanis and foreigners, allow profit rate of 3% PA to be paid on half yearly basis, on Dollar and other specified foreign currency bank accounts in Pakistan. We should not forget that recently Pakistan borrowed at 3% from the IMF and sold Eurobonds at 8.25%.

Best Regards,

Syed Nayyar Uddin Ahmad

PMLN must repay personally the current national total loan burden of USD 250 billion.
Dear Messrs Nawaz Sharif, Shahid Khaqan Abbasi, Muhammad Ishaq Dar, Ahsan Iqbal, all cabinet members and entire PMLN party leadership.

Sir,

Hope none of you will be aware that as of now, the latest figure of the total debt of Pakistan (internal+external) stands at Rs.25 trillion or $250 billion, which is almost equal to the total GDP of Pakistan.

Here, I would like to remind you the following:

1. The main election slogan of PMLn in 2013 general elections was:

Ae Tair-e-Lahooti! Uss Rizq Se Mout Achi
Jis Rizq Se Ati Ho Parwaz Mein Kotahi

2. PMLN’s E13 manifesto specifically made the following two commitments:

a). Beggars bowl will be broken.

b). Pakistan’s wealth stashed in foreign countries will be brought back in the country.

In view of the 100% failure of your government on the above commitments, resulting in Pakistan’s virtual economic subjugation before its creditors, the only honourable way left for your party and its top leadership is to quit the government immediately; as an atonement for deliberately pushing Pakistan towards the darkness of the economic abyss, before the mass awakening, for demanding registration of cases, against the entire cabinet and party leadership, for the recovery of total odious loans, obtained in your tenure of the government, personally from all cabinet and party members.

Best Regards,

Syed Nayyar Uddin Ahmad
PS. Related news item:
Finance Minister Ishaq Dar is often accused of manipulating figures to show reduced fiscal deficit as well as the total debt that according to the central bank rose to Rs22.2 trillion in 2016-17 compared to Rs14.8 trillion of 2013. The latest figure of the total debt stands at Rs25 trillion or USD 250 billion.
Link:- https://tribune.com.pk/story/1544770/2-ticking-economic-bomb/

PMLN must repay personally the current national total loan burden of USD 250 billion.
Dear Messrs Nawaz Sharif, Shahid Khaqan Abbasi, Muhammad Ishaq Dar, Ahsan Iqbal, all cabinet and PMLN party leadership.

Sir,

Hope none of you will be aware that as of now, the latest figure of the total debt of Pakistan (internal+external) stands at Rs.25 trillion or $250 billion, which is almost equal to the total GDP of Pakistan.

Here, I would like to remind you the following:

1. The main election slogan of PMLn in 2013 general elections was:

Ae Tair-e-Lahooti! Uss Rizq Se Mout Achi
Jis Rizq Se Ati Ho Parwaz Mein Kotahi

2. PMLN’s E13 manifesto specifically made the following two commitments:

a). Beggars bowl will be broken.

b). Pakistan’s wealth stashed in foreign countries will be brought back in the country.

In view of the 100% failure of your government on the above commitments, resulting in Pakistan’s virtual economic subjugation before its creditors, the only honourable way left for your party and its top leadership is to quit the government immediately; as an atonement for deliberately pushing Pakistan towards the darkness of the economic abyss, before the mass awakening, for demanding registration of cases, against the entire cabinet and party leadership, for the recovery of total odious loans, obtained in your tenure of the government, personally from all cabinet and party members.

Best Regards,

Syed Nayyar Uddin Ahmad
PS. Related news item:
Finance Minister Ishaq Dar is often accused of manipulating figures to show reduced fiscal deficit as well as the total debt that according to the central bank rose to Rs22.2 trillion in 2016-17 compared to Rs14.8 trillion of 2013. The latest figure of the total debt stands at Rs25 trillion or USD 250 billion.
Link:- https://tribune.com.pk/story/1544770/2-ticking-economic-bomb/

It is not a rocket science to understand that for any military to perform its national duties, sound economic conditions are as important, as ammoniation for its guns.

It is also a well known documented fact that Pakistan’s repayments of extremely expensive loans, coupled with huge trade gap, yawning current account deficit, declining remittances, huge losses of the state owned enterprises like PIA, Steel Mills and Railways etc., massive corruption which has grown to such an extent that the size of Pakistan’s black economy has overtaken the size of the annual budget of the country, huge level of money laundering, surpassing the figures of $10 billion annually and depreciating Rupee value has virtually strangulated and stunted the growth and development of the country.

As such, business as usual is a sure recipe for disaster and imminent radical change, the need of the hour for Pakistan.

Somehow, no political party worth its name in Pakistan, has proved that it can solve the issues afflicting the masses of the country. It looks all of them have neither the capacity, nor the will to deliver in the true sense. May be the system in our society, was never designed to serve the teeming millions.

Under the circumstances, there are clear signs written on the wall that very soon, Pakistan may face chaotic law and order situation, resembling the turmoil of the French Revolution.

In view of the foregoing, where the statehood of Pakistan seems to be facing imminent existential crisis, it is high time that immediate corrective surgical actions, like bringing in a very lean but professional consensus government of young, qualified, renowned, reputed and honest people of less than 45 years age, be installed in the center and the provinces, with the below mentioned specific tasks, to be completed, in six months:

– Revival of economy.

– Drafting a new social contract, with special focus on the have nots, which should also encompass devising new policies for the next 100 years, on every sector like education, health, industry (civil & military), mining including mining of precious metals, shipping, air/road/river transportations, space/science and technology, IT, agriculture, justice, tourism, development of new mega cities, energy, housing, sports, service sectors, films/arts etc etc.

– Devising a workable governance plan and innovative presidential political system (which should be free from blackmailing of the elected representatives) to convert every division of the country, into a province, with 100% devolution of power and provisions of funds, to the last tier of the local bodies system.

– Develop plans to further increase the scope of CPEC projects.

– Develop mechanism to minimise corruption and money laundering.

– Prepare robust strategy to immediately bring back illegal wealth, stashed abroad by the Pakistani nationals, which is estimated to be around worth $1 trillion in cash, real state and other forms.

– Prepare plan to bring each and every economic activity, under documentation.

– Devise plans to increase productivity and competitiveness of the local industry.

– Prepare Plans for minimising taxes and duties etc.

I have no qualms in admitting that the current elder generation, has utterly failed to save Pakistan, from going bankrupt, in the every sphere of life; therefore, we must hand over the mantle to the younger generation, to come forward and try to re-build our nation, to the highest stage of the glory.