Why Not $ 10 Billion Foreign Exchange?

9 May 2023
Respected Prime Minister of Pakistan

اسلام و علیکم

Yesterday, the news came that now Pakistan is striving to arrange another one billion USD to fulfil the next condition of the IMF for approving its agreement with Pakistan.

There was another media report that your government is planning to provide relief to the common man in the next budget, with 50% and 30% increases respectively, in the pay and pensions of the government employees and fixation of Rs.40,000/- as the minimum monthly wages, which is a laudable step, but won’t make better, the life of a common man, unless, the above increases are doubled, keeping in view the recent unprecedented and unimaginable increases in the rents, rates and prices of every item of the daily use.

Obviously, for such a huge relief package and to meet the IMF’s condition, government will require additional resources, for which your attention is again invited towards my proposal of 4 March 2023, to generate a minimum of 10 billion USD in a very short span of time, which must be tried, because even if this plan fails, it would not cost your government a penny.

Moreover, another relief for the government and private sector employees should also be considered by changing salary payment duration on weekly or fortnightly basis, instead of the current system of payment after 30 days, which is too long a period during such a high inflation era.

Best wishes and kind regards,

Syed Nayyar Uddin Ahmad
03219402157
Lahore

Proposal of 4 March 2023
AoA.

I take this opportunity to humbly suggest that Pakistan can collect 10 billion USD in a flash by mobilising two million overseas Pakistanis (and resident Pakistanis as well) to deposit ONLY 5000 dollars in special [Save Pakistan Account ] on a profit of 10% per annum payable in PKR (so for all times there will be no pressure of repayments in FE) on quarterly basis.

Syed Nayyar Uddin Ahmad
03219402157
Lahore.