Loud Thinking

Posts Tagged ‘Pak Economy’

Security of Pakistan’s future depends in its economic growth & development. Moreover, we Pakistanis must know without any doubt, that the easiest and surest way of moving ahead, is to stand on our own feet.

Foreign aid, can keep us afloat but won’t allow us to swim. Biggest factor in any victory is self confidence. Anti thesis of terrorism is education, coupled with economic emancipation of masses.

As such, the nation must embark upon the following four point agenda, for the economic salvation of the country, without any further loss of time.

1. Request to all foreign donors for a 5 years moratorium, on all debt repayment by Pakistan.

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. Increase in productivity & exports with liberal tax relief to industry, commerce & trade.

4. Set a target for 20% per annum increase in foreign remittances, by offering innovative incentives to expatriate Pakistanis.