Posts Tagged ‘World Bank’
Pakistan is the only country in the world which allows repatriation of 100% foreign investment and profits
July 4th, 2013 | 
Author: 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 Dhabi helped Dubai in its financial crisis by providing 10 billion dollars. We can also approach our friends to help us on the same terms.” Unquote.
Somehow, our government and the bureaucracy is very fond of IMF and the World Bank for the reasons not secret anymore.
Hope Pakistani rulers are not sleeping over the opportunity of our friend’s investment in Pakistan before they exhaust all their funds elsewhere.
We must inform the world that Pakistan is the ONLY country in the world where foreign investors can take back 100 % profit and capital whenever they wish so. Pakistan is also the only country in the world where there is Zero income tax on Independent Power Plants (IPP’s).
One very important thing to be noted is that the strategic interest of our friends will also align with India after their financial stakes are deposited in Indian lockers.
As a law, political, diplomatic and military support follows the financial interest. As such, government must act immediately before its too late for Pakistan.
Wake up Pakistan before its too late.
A news reported on 4 July, 2013 by the daily “The News”.
NEW DELHI: Abu Dhabi has promised to invest $50 billion in India’s cash-hungry infrastructure at a time when growth in Asia’s third-largest economy has sharply slowed, a newspaper reported Wednesday.
The pledge by Abu Dhabi was the key factor in pushing New Delhi to approve a bilateral deal to increase flights between the two countries, an Indian official told the Indian Express.
“A commitment to invest $50 billion in the infrastructure sector of the country by Abu Dhabi was a key reason for us to agree to the increase,” a senior government official, who declined to be named, said.
News of the investment comes just months after the International Monetary Fund criticised India for not improving its creaky infrastructure during the period it experienced growth rates close to double figures.
The IMF said in February that India would likely see slower growth than expected in 2012/13 at 5.4 percent and pay the price for failing to ensure investment in infrastructure kept pace with economic growth in the previous decade.
The plan to increase flights between the UAE and India is linked to a controversial proposal by the Abu Dhabi-based Etihad airline to purchase a 24 percent stake in India’s Jet Airways for 20.5 billion rupees ($342 million).
That deal, the largest foreign investment proposal in India’s aviation sector, faces regulatory hurdles, with many ministries raising objections over the bilateral increase in flights as well as over control of Jet after the sale.
Robert Zoellick – The Visionary Statesman of World Bank
“When prices of staples soar, the poor bear the brunt. Without global action, people in poor countries will be deprived of adequate and nutritious food, with tragic consequences….” – Robert Zoellick.
It is a matter of great satisfaction that the world bank’s chief has the realisation of the situation, which (global hunger) now in fact, has become a matter of human rights violation.
In order to avoid the tragic consequences of impending hunger bomb, the following proposal may be considered by the all concerned.
In this regard, It is proposed that all world governments (without exception) must give 50% of the government’s share to the poorest of the poor (right to vote gives them right to govern as well), in their respective countries, just like some countries include on mandatory basis, women & other sections of societies in their parliaments.
Until and unless, those feeling the pangs of hunger, are given a chance to directly participate, in the governance of their affairs, any planning to eradicate the menace of hunger, will be faulty from its inception.
New Middle Income Donors Announce Increase in World Bank Donor Funding – Courtesy the Efforts of Robert Zoellick President WB
I take this opportunity to advise Mr. Robert Zoellick, that the constant problem of getting funding for the WB can rather, easily be tackled, by laying more emphasis on the counter corruption measures for governments of the Aid Recipient Countries (ARCs).
Moreover, this counter corruption strategy (CCS) will provide manifold benefits, both to the WB & the ARCs.
Just to elaborate the above proposal, it should be understood that mainly the corruption has two roots i.e. direct kick backs and denying installing regimens, that puts full stop to the leakages of billions of dollars of government revenues.
In this regard, Turkey could be cited as a glaring example, where government revenues increased manifolds, when one of such systems was put into practise, on cigarette industry.
In case, World Bank under the dynamic and visionary leadership of Mr. Robert Zoellick, needs my assistance on the proposal, I shall be too glad to offer my services, which may help improve the living conditions of the poor & the suffering people of the world.
