Zarb-e-Azb for reviving Pakistan’s economy..!
Now our economic malaise has reached such a stage that business as usual, is going to jeopardise our statehood, not in years, but in months. This situation can be gauged from the following facts, derived from the State Bank of Pakistan report of September, 2014: a). Interest payments on domestic debt grew by 80.5 […]
Economy of loans by loans and for loans..! or the economy of corruption by corruption and for corruption…?
My comments on the below mentioned news: If I were the PM, would first replace the finance minister before giving the go ahead for any mini budget. Unfortunately, this FM has neither the vision nor the will to act upon any out of box thinking. He can only think the easy way of taking loans […]
Debt or DEATH trap..?
Mian Muhammad Nawaz Sharif must read this editorial titled “IMF’s debt trap” published today, by the daily “The Frontier Post”. However, I would have titled it “IMF’s economic DEATH trap”. Moreover, Pakistan needs immediate appointment of a VISIONARY finance minister, who can take us out of the death trap of the ultra high foreign and […]
Why the World Bank is Supporting the Perpetual Genocide of Muslims in Myanmar..?
Shame on World Bank. Human Rights Watch, Amnesty International, USA and the UN Security Council must stop WB which plans to invest $2 billion in Myanmar where worlds worst genocide of Muslims is continuously taking place for the last about 2 years. We must remember that a recent UN report has stated that “Muslims in […]
An Excellent Out of Box Solution for the Entire Economic Malaise of Pakistan
An Excellent Out of Box Solution for the Entire Economic Malaise of Pakistan. Pakistan must give a try to this novel idea to easily eliminate poverty and unemployment. The other untapped ‘free’ money July 17, 2013 Najma Sadeque An Article About a Novel Idea to Easily Eliminate Poverty & Unemployment Published in the daily “The […]
A Fit Case for Pakistan to Demand from the IMF & the WB Odious Debt Write off
By Nadeem M Qureshi In 2008 when the PPP government of President Asif Zardari took office Pakistan’s total foreign debt was about $40 billion. Today, at the end of the PPP government’s term, it is $60 billion. Twenty billion dollars of new debt has been added. As the Government of Nawaz Sharif begins negotiations with […]
An Ode for Mr. Ishaq Dar, the World Bank and the IMF
Attention Mr. Ishaq Dar, the IMF and the World Bank. we paid $37.2 billion as debt-servicing alone in the last eight years. This is many times more than the principal amount that we borrowed during this period. An Eye Opener by Mr. Naeem Sadiq Dear Bank Naeem Sadiq TheNews Friday, July 12, 2013 Many thanks […]
Mr. Ishaq Dar why IMF loan at abnormally high rate of 3% why not at 0% for which IMF has already decided to extend zero interest rate to poorer countries?
Dear Mr. Ishaq Dar, 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/ In this regard, as per my many earlier submissions to the PM and […]
Pakistan is the only country in the world which allows repatriation of 100% foreign investment and profits
Abu Dhabi pledges $50bn investment in India. I exactly referred to the above mentioned opportunity, as option No.2, in my article titled Mr PM! There are three options to avoid IMF loan published by the daily “The News” on page 4 dated 27 June, 2013 (link:- http://images.thenews.com.pk/27-06-2013/ethenews/t-23752.htm ) quoted as below. Quote. “2. Recently Abu […]
Mr. PM! There are three options to avoid IMF loan
The daily “The News” published the following on Thursday, 27 June 27, 2013 at page # 4. Link:- http://e.thenews.com.pk/6-27-2013/page4.asp#; Link:- http://images.thenews.com.pk/27-06-2013/ethenews/t-23752.htm Mr. PM! There are three options to avoid IMF loan ISLAMABAD: Renowned economist Syed Nayyar Uddin Ahmad has written an open letter to the Prime Minister Main Muhammad Nawaz Sharif, in which he has […]
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