Loud Thinking

Archive for the ‘Pakistan’ Category

Mian Muhammad Nawaz Sharif,

Honourable Prime Minister of Pakistan,

Dear Sir,

Please remember that MAN IS MORTAL HIS GOOD DEEDS ARE IMMORTAL.

Kindly peruse below a news item published today by the Times of India, which reflects that the Indian PM is talking nothing at the G20 summit in Australia, except about the BLACK MONEY repatriation to India.

Mr. Prime Minister, we are very surprised that although, BLACK MONEY was the main agenda of the PMLN’s Elections 2013 campaign, yet, you have personally never ever talked on this issue, since you became the PM in June 2013.

Your Excellency, the nation demands that your government must seriously fulfil its promises on bringing back nations looted money from abroad; and also fulfil another extremely important promise of breaking the bowl of foreign loans.

Moreover, please also ask your finance minister that he should remember that he was the minister of the Pakistani government and not appointed by either the IMF or the Swiss government. He should not ruthlessly tell the nation that looted money repatriation from abroad was well neigh impossible; and at the same time our government officials are continuing excursion trips of Switzerland, as if they were employed by the nation to have joy rides.

Everyone going abroad on state expenses, must inform on return to the nation that what tangible benefits materialised for Pakistan, due to his foreign trip.

Mr. Prime Minister, please also stop your ministers and officials from taking the nation on a ride.

Mian Sahab, the nation wants results on your promises of bringing back the black money from abroad and breaking the bowl of the curse of the foreign loans. We Pakistanis do not want to be burdened with useless statements and more and more IMF loans.

Kindly give the following ONLY Two tasks to Mr. Ishaq Dar for completion, during your current tenure:

– To get rid of Pakistan from the entire foreign debt, either by getting it written off or by any other way.

– Bring back the ENTIRE looted money of Pakistan of ANYONE and EVERYONE, parked anywhere in the world.

And if the finance minister says that he can not accomplish these two assignments or to him these two tasks looks impossible … then please appointment someone else, as the finance minister with these monumental assignments, which if achieved, will make the tenure of your current rule IMMORTAL.

Mian Sahab, remember MAN IS MORTAL HIS GOOD DEEDS ARE IMMORTAL.

Times of India news report published today, is as below:

G20 summit: Narendra Modi calls for ‘close coordination’ on black money

BRISBANE: As India makes attempts to recover black money from abroad, Prime Minister Narendra Modi on Sunday asked every country, especially tax havens, to provide information for tax purposes in accordance with treaty obligations.

Raising the pitch on the black money issue, Modi in his intervention at the summit of the Group of 20 industrialized and major emerging economies called for close global coordination to address the challenge posed by it.

Modi voiced India’s support for a new global standard on automatic exchange of tax information, saying it would be instrumental in getting information relating to unaccounted money hoarded abroad and enable its eventual repatriation. He also extended India’s backing for all initiatives to facilitate exchange of information and mutual assistance in tax policy and administration.

The prime minister made the remarks at the plenary session on the subject of “Delivering Global Economic resilience” on the second and final day of the summit held at the Brisbane Exhibition and Convention centre.

He also expressed the hope that Base Erosion and Profit Sharing (BEPS) system would fully address concerns of developing and developed economies.

BEPS is a technical term referring to the effect of tax avoidance strategies used by multinational companies on countries’ tax basis. BEPS is known more commonly as “Transfer pricing”

This term is used in a project headed by the OECD that is said to be an attempt by the world’s major economies to try to rewrite the rules on corporate taxation to address the widespread perception that the corporations don’t pay their fair share of taxes.

The prime minister also said that increased mobility of capital and technology have created new opportunities for avoiding tax and profit shifting.

Modi underpinned the need for the world community to take coordinated decisions although each country has its domestic priority.

“Need for policy coordination among major economies remains strong,” he said.

“Close coordination is important not just for addressing the challenge of black money but also security issues like terrorism, drug trafficking and arms smuggling,” he said.

Touching upon the resilience of the financial system in the world, Modi said it will also depend on cyber security.

An article of 2 October 2012 is still waiting for answers from the past and present governments and parliamentarians of Pakistan.

Our rulers owe us answers to the following 6 questions:

Hope our rulers and parliamentarians are aware of a research which reveals that suicide rates have gone up in the countries taking loans from the IMF etc.

Our worthy MNA’s and Senators Must obtain the answers to the following questions from the former Minister of Finance Mr. Abdul Hafeez Sheikh (who was also the key man in the privatisation of the PTCL) and also from the incumbent finance minister Mr. Ishaq Dar.

1. Pakistan is repaying $7.6 billion to the IMF. Did we receive exactly this much amount or the total sum was less than this figure?

2. How much amount of interest Pakistan will be paying over the principle sum of this loan of $7.6 billion from the IMF? Or the IMF will be charging interest on the whole sanctioned amount of $11.3 billion?

3. Did Pakistan pay and what was the total bill for the traveling, boarding and lodging of IMF delegations’s recent visit to UAE, for discussions with our economic team?

4. Besides the interest, how much service, handlers commission and or other charges were deducted by the IMF, on its loan of $7.6 billion to Pakistan? V V important question.

5. How much service charges or penalty was charged by the IMF to Pakistan, for not utilizing or obtaining the remaining $3.7 billion amount, from the originally sanctioned loan amount of $11.3 billion; because Pakistan got only $7.6 billion from IMF?

6. When will Pakistan get its overdue payment of $800 million from the Etisalat Telecom, which is controlling the whole PTCL management and other affairs, with a minority share holding? Why not reconsider the cancellation of the privatisation deal of the PTCL, in view of the serious default since the year 2006, by the UAE based telecom company ETISALAT? There is another option to resolve this problem by writing off this amount of $800 million (which in over 8 years must have grown over $3 billion) and treating it as gift, from the people of Pakistan to owners of the ETISALAT.

A half decade old proposal for the welfare of the families of the martyrs of war on terror..!

Syed Nayyar Uddin Ahmad on October 5, 2009 at 2:35 am said:

To :- All the Patriotic Pakistanis.

Dear Sir/Madam.

AoA.

Nowadays, the entire Pakistani nation is fighting a battle of life and death against terrorism.

Obviously, the terrorists are fighting on behalf of their masters who have plans to either dismember Pakistan or at least strip it from its nuclear weapons.

Obviously the will of nation and the determination of the entire security apparatus, to defend Pakistan with their blood, is standing in the way of the nefarious designs of the enemies of nuclear Pakistan.

However, one thing seems clear that this fight of the survival of the nation will be a long drawn battle.

And consequently, our security forces which includes armed forces, F.C., rangers, police forces etc. will be offering more and more sacrifices for the motherland.

No doubt central and provincial governments and respective departments look after heirs of our martyrs well, according to the available resources and their rules and regulations.

It is the need of the hour that entire population of Pakistan and expatriate Pakistanis come forward on a voluntary basis, to financially support the heirs of martyrs, whose loved ones have laid down their lives, for our safe and better tomorrow.

In this regard, it is proposed that the government should take the initiative to mobilize the public opinion and take the following action.

1. Declare the salary of entire people serving in all the security forces/agencies ( armed forces, F.C., police service, intelligence agencies, rangers etc.) as tax free. Plus, they should also be exempted from property tax.

2. Government should create a fund with initial investment of Rs.1 billion (amount to be released from US grant of Kerry Lugar bill.) Rest of the amount to be collected as donations from overseas and local Pakistanis on a continuous basis, till such time the war with terrorists continues.

This fund should be managed by persons of very good repute from government and non government sectors like Abdus Sattar Edhi, Syed Baber Ali, Fakhruddin G. Ibrahim, Justice (Retd.) Bhagwandas and Cowasjee etc.

It is proposed that heirs of each security force(s) martyr be paid Rupees one crore, as a humble tribute and contribution, for their future welfare, from their fellow countrymen.

Thank you.

Syed Nayyar Uddin Ahmad

What else is corruption Mian Nawaz Sharif Sahab?

He (Mr. Zubair) said that the delay caused by a stay order granted by the Peshawar High Court on the petition of Pakistan Tehreek-e-Insaf led provincial government and the sudden fall in oil prices in the international market reduced the government’s earnings.

Mr. Prime Minister, if the above statement of Mr. Zubair (MOS and Chairman Privatisation Commission of Pakistan) is true then it looks all the more unwise decision that the government has given a 6% discount on the previous day trading of the OGDCL shares at the Karachi Stock Exchange.

The discount would alone cause about Rs5 billion losses on last day’s trading.

Mr. Arun Jaitely and the Indian government are sadly and badly mistaken. The fact is that Pakistan and Kashmir are inseparable entities.

Actually, it is for the Indian government to accept the ground reality and decide between war and peace, with Pakistani and Kashmiri people.

Moreover, the Indian government should also be careful, while addressing all issues with Pakistan, which is neither Bhutan nor Nepal.

We the Pakistanis, know very well the worthlessness of India, which has even failed to subdue Sri Lanka, where recently about a dozen Indians, have been awarded death penalty.

Last but not the least, we Pakistanis also know that the United States leaders have clearly told India that it can’t be included in the UN Security Council, as its permanent member, until and unless india resolves Kashmir problem with Pakistan.

So, the fact is that it is in India’s own long term strategic interest, to be at peace with Pakistan; which obviously can’t be achieved without resolving the Kashmir dispute, in accordance with the UN resolution; and the aspirations of the people of Kashmir.

Indian policy makers must repeat must, clear their mind that it can not gain anything, by its newly adopted policy of verbal and military aggression. Pakistan is NOT made of the material, which can be subjugated by India.

Mr. Arun Jaitely, you can’t have your cake and eat it too.

My reply to the Indian defence minister’s following statement:

@DunyaTV: Pak should decide whom to talk to, govt or separatists: Jaitley http://t.co/oYfV3iLQKL

My reply:
@arunjaitley @ForeignOfficePk Pakistan and Kashmir are inseparable it is for India to decide if its wants to live in peace with Pak or not.

Pakistanis beware of being gassed (those using gas of Rs.500/ month up till now may well be paying up to Rs.5000/month) in this Economy of loans & corruption .http://t.co/MFKF1ASCRU

Massive increase in gas tariff likely

Khaleeq Kiani

Published about 6 hours ago

.—AFP/File

ISLAMABAD: Amid a controversy over excessive power billing, the government is set to face another wave of public outcry as gas tariff for all categories of consumers, including domestic, is likely to be increased by three to five times in a month or so.
The phenomenal increase is anticipated in the wake of failure of the Oil and Gas Regulatory Authority (Ogra) and the federal government to notify consumer prices over the last four months.

“Our estimate is that a domestic consumer who receives a monthly bill of Rs500 will get a bill of about Rs5,000,” an Ogra official told Dawn.

Know more: PM orders fresh probe into overbilling

It could create a political crisis for the government as the people would forget power over-billing, he said.

A part of the surge would be caused by higher consumption in winter, but the major increase would come because of recovery of Ogra-determined revenue from consumers in eight months instead of 12 months.

The problem emanates from the inability of the government to advise the regulator how a Rs35 billion tariff increase be passed on to different categories of consumers within the stipulated time.

As a consequence, Ogra did not notify the consumer tariff by the deadline of July 1.
The Ogra law requires the government to advise the regulator about the adjustment in consumer tariff on the basis of prescribed price set by Ogra for two gas utilities. In case, the government fails to advise Ogra about the subsidy it wants to provide from the budget or through cross-subsidisation among different consumer categories in 15 days, the regulator is legally bound to issue a consumer tariff notification based on prices determined by it.

“Ogra has failed to meet its legal obligation for four months,” the official said. The private shareholders have started sending legal notices to the regulator and the government to take the matter to the court.

Informed sources said Ogra Chairman Saeed Ahmed Khan had repeatedly asked the government to advise it about the subsidy portion. Last week, he is reported to have written a strongly worded letter to the secretaries of the cabinet division and the petroleum ministry about the government’s inability to come up with an advice and the legal challenge arising out of the notices.

They said Mr Khan had warned that the regulator had determined around 14 per cent increase in average tariff on the basis of full year billing, but the average increase had now gone beyond 20pc because Rs50bn would now have to be recovered in eight months.
The sources said legal experts had advised Ogra to issue a notification in the first week of this month to avoid being dragged in the courts.

On top of that, Ogra will be required to notify consumer tariff at the rate of Rs470 per unit for each category of consumers irrespective of existing lowest tariff slab of Rs106 per unit for domestic consumers.

NEGATIVE EQUITY: According to an analyst, unless the increase is recovered from consumers, the capital market equities of the Sui Northern Gas Pipelines Limited (SNGPL) and the Sui Southern Gas Company (SSGC) can turn into negative. The SNGPL’s equity has been estimated to be Rs15bn in the negative.

The sources said the managing directors of the two gas utilities had been interacting with the minister for petroleum and natural resources, but to no avail.

Recently, they had an ‘SOS’ meeting with Finance Minister Ishaq Dar and told him that the balance sheets of the companies would be in the red and prices of their shares would plunge if the government did not immediately intervene.

Ogra had worked out 14pc increase in average gas rates in July on the basis of 4.5pc unaccounted for gas (UFG) losses to meet revenue requirements for 2013-14 through a public hearing.

This is in addition to Rs50bn the government had earlier asked Ogra to recover from consumers to meet losses of the two utilities for 2010-11, 2011-12 and 2012-13 on account of gas theft, non-recovery of dues because of law and order situation, increase in retail network and sabotage.

The ministry of petroleum and natural resources had recommended that the amount should be recovered through gas tariff by allowing higher UFG losses (up to 7pc) to bail out the gas companies.

In its estimates sent to the government, the Ogra had approved an increase of Rs58.29 per MMBTU (million British thermal unit) for the SNGPL and Rs22.90 per MMBTU for the SSGC with a maximum prescribed price of Rs469 per MMBTU.

Under the law, the government can advise Ogra to fix different rates for different consumer categories like domestic, commercial, industrial, power sector and cement but remaining within the average rate approved by the regulator.

Because of political considerations, the government has been passing on higher tariff increase to industrial and commercial consumers and lower tariff increase to domestic consumers through cross subsidisation.

Published in Dawn, November 4th , 2014.

An Open Letter Dated 04 October, 2011 to the then PM Pakistan YRG but still very relevant to MNS..!

PHIR NA KAHNA HAMEIN KHABAR NA HUI

An Open Letter Dated 04 October, 2011 to the then PM Pakistan but still very relevant to MNS.

H’able Makhdoom Syed Yousuf Raza Gillani Sb.

A.O.A.

You may be aware that the electricity load shedding has brought the country to the brink of abyss. The writing on the wall is there for every body to read and take immediate, repeat immediate, drastic and emergent steps, before the situation explodes to a point of no return. In fact, the country has now reached a defining moment.

In this regard, now as all powerful Prime Minister, it is high time that you may take personal charge of the looming crisis.

For your consideration, I take this opportunity to submit the following proposals to stem the rot of the current electricity crisis of Pakistan.

1. Impose total country-wide ban on use of air-conditioners in all official, public and private offices and residences ( which includes the offices and residences of the President, P.M, Governors, C.M’s and state guest houses with no exceptions, even for the foreign guests). We should not forget that in 60’s Indian government imposed a nation-wide ban on serving of dinner, to meet the severe food shortage.

2. Order, closure (strictly) of all shops and offices after 6 P.M. Remember, every Watt saved is Watt generated.

3. Order prohibition of every type of decorative lighting in the country.

4. All TV channel transmissions and cable services must be ordered to be closed at 9 P.M. through out the country.

5. The services of Police, Rangers, F.C and Armed Forces may be acquired to detect and permanently disconnect, the electricity connection of all those premises, who are getting electricity through illegal means. These premises, under no circumstances, be allowed electricity connection in future. Remember, there is more than 30% (latest NEPRA losses figures are at 40%) electricity theft in the country and civilian agencies can never overcome this problem.

6. Order, immediate one hour advancement of clocks and five days working in a week.

7. Order, immediate maximum facilitation to all and sundry, installing and using Solar energy at their premises, like as in India, bank loans are given for Solar energy at 4% interest rates. Our customs department charge tax on one pretex or other, on Solar energy equipments, although the government has declared it as tax free. This matter should be resolved once for ever.

Wishing you all the success, in your endeavours to serve the country, in a manner to be remembered in the annuls of the history.

Na Samgho Gay To Mit Jao Gay Aay PPP Walo,

Tumharey Datan Tak Na Ho Gy Dastano mein.

7 Questions for Mr. Ishaq Dar Finance Minister Pakistan

Posted at www.snayyar.com by Syed Nayyar Uddin on August 26, 2013 in Action Plan to Revive Pak Economy, My Views, Pakistan | Edit

Daily The News reports today that “Conditions of IMF met for $7.3 billion bailout package”.
Link:- http://images.thenews.com.pk/26-08-2013/ethenews/t-25004.htm

Mr. Ishaq Dar kindly clarify the following 7 questions relating to the facts regarding the Pakistan’s economy..!

1. Firstly, you stated on the floor of the house that we are taking fresh loan from the IMF to repay the old IMF loan.

2. You also stated on the same floor of the house that the loan amount from the IMF will be $5.5billion at an interest rate of 3%, which was exorbitantly high interest rate considering that IMF had already decided in December, 2012 to give loan on ZERO interest rate to poor countries.

Kindly inform which country can be poorer than Pakistan, who was unable to even repay its loans?

Your kind attention is invited towards the following news item titled “IMF extends zero interest rates on poorer country loans” published by the daily “Pakistan Today” on 23 December, 2012 detailed news available at the link :- http://www.pakistantoday.com.pk/2012/12/23/news/profit/imf-extends-zero-interest-rates-on-poorer-country-loans-2/

3. Secondly, you pledged on the floor of the house that loan terms will not be against the interests of Pakistan.

4. Then you increased the electricity tariff for the Pakistani industrial users by a whopping 70% to fulfil the IMF conditions for the loan.

5. Don’t you think that this power tariff increase will destroy our economy and create unemployment, as the increased cost of production of each and every item, under the use of the poorest of the poor, will make the goods highly expensive and the poor will become even more poorer?

In fact, your this step will ever be remembered in the history of Pakistan, as the one and only top most action which murdered the economy of the country and pushed additional millions of people below the poverty line.

I am also afraid that your this single step may not forever seal, the fate of PMLN’s chances in coming to the power again, as and when the negative impact is gradually filtered down the line.

If I were the PM Pakistan, would never have approved this fatal decision of increasing power rates of the already limping industry of Pakistan.

5. Why you earlier mislead the nation that $5.5billion is being taken for the repayment of the old loan and now the cat is out of the bag and the loan amount is actually $7.3billion?

6. The above fact at #5 also proves that you also wrongly said that this loan was being taken to repay the old loan.

7. Hope you remember the maiden speech of the PM in the Parliament house wherein, the PM promised with the nation on the floor of the house, that nothing will be hidden from the nation.

Then why you hid the fact that this loan is being taken NOT just for the repayment of the loan; and why you hid the fact that this loan amount was actually $7.3billion and not $5.5billion?

An early reply shall be highly appreciated.

Best regards,

Syed Nayyar Uddin Ahmad

New Year Resolution (written on 31 December, 2013 refreshed on 27 October, 2014 and 17 January, 2015 and still even more relevant TODAY, when both the countries are almost on the brink of a nuclear war, due to very aggressive ceasefire violations by the Indians on the LOC; and as admitted and claimed by the Indian National Security Advisor, Ajit Doval, Indians have embarked upon a proxy terror war against Pakistan, under the nomenclature of “Defensive Offensive” doctrine. However, under the scenario, it is not very difficult to visualise the reaction of a nuclear Pakistan, if another Indian sponsored terror attack on Pakistan, resembling the type and magnitude of 16, December 2014 genocide of school kids in Peshawar, is repeated on its soil, by the proxy Indian trained and financed agents, as per own admission of Ajit Doval).

From Pakistan With Love to All the Indians… – Ring out the thousand wars of old, Ring in the thousand years of peace.

Posted at www.snayyar.com by Syed Nayyar Uddin on December 31, 2013 refreshed on 27 October, 2014 & 17 January, 2015 in India Peace and Pakistan, International Affairs, My Views, Pakistan | Edit | Subscribe

New Year Resolution – From Pakistan With Love to All the Indians

While wishing all the Indians a very happy and prosperous new year 2015, we would like to inform everyone in India that if at all we have to be friends, then that friendship must be in a true sense; and we must not act and behave with each other, in a hypocritical manner.

Let India and Pakistan be friends in true sense, or else let the leaders of both the countries inform the teeming millions of the sub-continent that an India vs Pakistan all out nuclear war, IS AN OPTION.

It must be clear to ALL the civilian and military leaders in India that assuming (just theoretically) without any Pakistani retaliations, if India (God forbid) reduces the entire Pakistan to rubbles, with a nuclear attack, INDIA TOO won’t be able to survive the radiation, which will reduce the vast agricultural lands in Indian Punjab and other areas, totally uncultivable for hundreds of years, leaving millions of Indians to die, of hunger and diseases.

However, as per the more plausible scenario, if Pakistan decided to empty on India, all and entire of its nuclear arsenal, (Pakistan’s nuclear arsenal is increasing at a pace faster than any other country and now is reported to have more nuclear weapons than that of India, reports TOI in its news item of 17, January, 2015 titled “Pakistan’s fourth nuclear reactor appears operational”) either as a first strike, or second strike, almost entire India will be vaporised. And as calculated by the scientists, this all out nuclear exchange between India and Pakistan, will raise so much dust that the entire planet Earth, will have a complete blackout of sun rays for decades, resulting in a dooms day day scenario, for every living organism on Earth.

Moreover, no foreigner will even think of staying and visiting india, with so much high radiation everywhere. Indian nuclear policy decision makers must know in advance that nuclear wars are ABSOLUTELY NO option, with very close neighbours. In such a geographical and military situation, which exists between India and Pakistan, nuclear war is a ZERO sum game, if at all, it is a game.

We would also like to assure the Indians that even if we wanted we can’t conquer India. At the same time even if India wanted, it can’t pull down Pakistan, without India being destroyed, as well.

So, why to waste our time and energies in an imaginary hatred policies? Why to waste our precious resources, in being the prisoners of our foolish past? From the first day of the new year 2015, let us bury our bitter past and be friends in true sense, like all the European countries. India and Pakistan can and must live like United Europe, rather than wasting all the precious resources for living like divided Korea.

Ring out the old, ring in the new,
Ring, happy bells, across the snow:
The year is going, let him go;
Ring out the false, ring in the true.

Let us have a genuine peace. Let India remove all its strike forces from the Pakistani borders, without any fear. Let us join hands to wage a war against poverty, hunger, disease and illiteracy. Let us turn this subcontinent into a bastion of peace and a heaven on earth.

Ring out false pride in place and blood,
The civic slander and the spite;
Ring in the love of truth and right,
Ring in the common love of good.

Ring out old shapes of foul disease,
Ring out the narrowing lust of gold;
Ring out the thousand wars of old,
Ring in the thousand years of peace.

India and Pakistan just need a period of single decade of genuine peace, to turn around its fortunes, for emerging as the most potent economic and cultural power house of this world.

The only condition is the genuine and authentic peace, like the one which exists in between the EU countries.

Don’t be afraid of problems between the two countries, because they will remain for ever, but we have to give priority to peace, over the problems.

Let us make a new start from the beginning of the new year 2015, with the slogan:
– Long live the friendship of the teeming millions of India and Pakistan.