Re: Dar, FBR & Free Fall Economy
Well, lets keep political differences aside fir a moment and lets discuss the primary issues which are hurting Pak Economy like anything!!! Economic Independence is the only way to get respected in International Arena!!!
So here are the list of Elements holding back Pakistan’s economy!!!
1 ) Ishaq Dar or Finance Ministers
these are the ridiculous policies haunting and killing Banking Sectors !
a) A bank account should be freezed of no transaction for six months!!! who on earth came up with this crap!!! this mean, if i live abroad, if i send me remittance and saving here and if for some reason i cannot operate my account fir 6 months!!! then i have be present myself there personally and get my account going for another six months!!!
b) You can deposit your money in the bank, but the moment yoy draw anything above 50,000 you are subject to tax deductions regardless of your tax-payer status!!! Again i dont know who cameup with this gem!!! 70% of traders/manufacturers/farmers dont believe in banking transaction and that means only salaried and tax-registered businesses/persons have to pay this!!! Result!!! i do need to havs dollar or foreign currency account , that means i may loose something in forex and continous pressure on Ruppee against Dollars…
c) Banking sector still living in 70s.
next i ll post idiotic policies of FBR!!!
He is beloved of your fallen leader. Ishaq Dollar or money launderer as per IK, is back against your wishes. Are there any insane people left in PML(N) who can hammer the head of your fallen leader? It does not matter to NS as he is billionaire, what Ishaq Dollar does with common people are continuously suffering the acts of these robbers and money launderers.