Re: Taste of new government on economical front
Hanibal: you are wrong that there are investors who have no choice. These days, investors have all choices where to invest. All this theory is also BS that people in West are moving their money to Pakistan because of war on terror or anything like that. Fact is that, other than illegally obtained money (like drug money), all money are safe anywhere in the world and find its destination where it can get best return. Even drug money up to a quantity is safe in West as you should know that most Western drug dealers are Europeans who keep their money in Europe. Many Pakistani corrupt politicians and bureaucrats even now have billions of dollars invested in West.
As for foreign investment, that may go back with interest or profit, but in the end it is investment that creates wealth and that wealth is always more than what investors get. Well, if no wealth is created then investors get nothing or can even lose their investment, but if wealth is created then investors get a portion of created wealth, no more.
In short, if 10 billion dollars come to Pakistan as foreign direct investment (FDI) then 1 billion dollar may go back as profit every year, but for that, those 10 billion dollars must be producing profit of 2 to 3 billion dollars, giving FDI recipient country at least 1 to 2 billion dollars a year in taxes plus thousands of jobs getting created in the country because of 10 billion dollars investment further giving billions of dollars worth of income within the country to workers whose taxes are extra.
Dear Brother,
Have u ever been in the investment world? have u ever met with the people ( 1st type of investors) if yes, then still i must say u have no idea what are the things they go through or how they are living around, yes few of them are settled by majority is looking for alternative, Pakistani Passport is one of those passports which fall into the category of NOC from CENTRAL Agencies in numerous countries, Now let me know when i said Western Countries? i Said Gulf Countries and i did mentioned thed sector of investments but i guess u haven't red it or missed it ( but u have to disagree) and created a assumption that i said this...
brother its no use having discussion with propoganda people, as they never believe in the facts, they only believe what their masters tell them...
Prime example is this post... I think u r the one who use to favour musharaf and allies alot for the economic development and now u r the one who is admiting that yes there was wrong doingss.....
for change, it would be good if u can think as a Pakistani & for Pakistan... instead of blindly following some one...