Re: Sit-in to continue till victory, says Imran
i think these [we'll see when we get there/the rest will happen] are points the author (who is an economist) addresses. at any rate, it undermines the idea of Imran as a great economic hope. so far he hasnt offered any substantive economic ideas, hasnt assembled an economics specialist team, or done anything to inspire confidence in that area. his sole focus is rightwing populism wrt amreeka.. an idea JI beat him to by many decades. only does him a disservice to be such a one-trick pony.
Economy of Pakistan do look in bad shape but things are not that bad that one had to announce his team well before the elections..
Here are few steps which if taken the Economy of Pakistan will get back on its track
1) Stop lying about the Demand of 16,000 MW of electricty, in 2006-2008 when Pakistan was witnessing the economic boom kind of thing, the total demand through out the country in peak-hours was 12,000 MW.... now i don't know from where the extra demand of 4000 MW emerged since we have not installed any Aluminum Smelters nor does we have any Steel mill or Oil refinery project coming live!!!! so cut the crap and give the energy to the industry to produce... this will sort out lots of issues related to economy
2) invite Overseas Pakistanies to invest in the industrial and trade sector of Pakistan, unlike other foreign investors, the amount invested by Overseas Pakistani is not going to suffer from CAPITAL FLIGHT kind of syndromes
3) If 1st two happens, which are not impossible tasks, the foreign investment in the form of EQUITY would fly in and there will be more economic activities and if IK does not waste all the money on car-loans kind of schemes and invite he foreign investment in real-estate sector only, then the economic can do real well
4) Govt and Private sector should invest and improve the health sector of the country, where the wealthy Arabs can come and get the medical treatment...
5) invest time, effort and money in the natural resources
6) operate the Gawadar port
7) Build more roads and upgrade the railway sector gradually...
8) Impose agricultural tax and revoke indirect taxes, impose direct-tax on the profit margins of businesses and do not let the tax have Pass-through facility
The economy would do fine...