Pakistan seeks $10b in US backstop facility

[Ali_Baba]

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What a terrible economic plan

There is "no plan".. only "targets" with no plan on how to achieve them. That is what passes for governance in Pakistan.

 

[RocketLaw]

There is "no plan".. only "targets" with no plan on how to achieve them. That is what passes for governance in Pakistan.

Very Disappointed. Sick.

That's what concerns me. There seem to be plenty of "targets" but no clear plan for how to achieve them. That's why I don't understand why we're still not making progress with the economy for too long.

 

[Samlee]

Instead of asking for more loans, why doesn't the Pakistani government focus on attracting FDI?
FDI creates factories, jobs, and exports. Cities like Karachi could become major manufacturing hubs for global companies. The government could offer free land and a 10 year tax holiday to attract investors.

When The Priorities Of Our Rulers Is To Setup High End Gated Communities Instead Of Industrial Estate or SEZs You Can Understand Why We Are In This Quagmire

DHA seeks 6,000 acres of seafront land in Karachi for expansion

Mayor Wahab says Sindh govt considering the request; DHA wants land for "martyrs’ families and armed forces personnel".

www.dawn.com

 

[mythbuster]

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What a terrible economic plan

We are not allowed to offer tax incentives as long as we are in IMF programme... Pakistan is exploring alternative to IMF .

 

[onlinpunit]

If managed properly it will be absolutely profitable large scale investment... I vaguely remember, you floated this idea before.

Yes ! In the old forum !

 

[Thinking]

FDI doesn't buy private jets and real estate in Dubai. Do you think these people actually care about the people?

I recently saw a video on literacy rate. All of south Asia was essentially illiterate when Brits left. Now India is about 84-85% literate, BD a little behind..SL far ahead. Pakistan is only ahead of Afghanistan. Even GCC countries are highly literate. You can't build an economy with less than 60% literacy (and somewhat falling).

You need to pump money in education, health...social spending. This is first of many steps needed. Boosting HDI is absolutely must to attract any FDI.

 

[Samlee]

Yes ! In the old forum !

Me Too I Can Post The Link If You Want I Said That Pakistan Should Take Advantage Of The Trump 1.0 Trade War With China And Relocate Industries To Pakistan

https://defence.pk/threads/something-better-than-oil.619969/page-1

 

[hydrabadi_arab]

Looks Like You Don't Read DHA Got The Choicest Land In Pakistan At A Mere Pittance A Land That Could Have Been Developed For Something Much More Productive

Ok So KPT Officers Getting Some Juicy DHA Plots As A Bribe Makes It Ok My God Your Pathetic.And If This Land Exchange Was OK Why Did Supreme Court Rule Malik Riaz's Land Exchange Deal With MDA For BTK Illegal And Ordered Him To Pay Full Market Rate For The Land???


And Even Now They Want More 6000 acres of More Waterfront Land

DHA seeks 6,000 acres of seafront land in Karachi for expansion

Mayor Wahab says Sindh govt considering the request; DHA wants land for "martyrs’ families and armed forces personnel".

www.dawn.com

The Greed Just Never Ends

Hawksbay area is barren waste land, I hope DHA get it so they can develop in to modern city and compensate families of martyred families. Its the future of Karachi, only DHA will make it work. No one else will even bother before DHA, others will follow. Thats the reputation DHA have. Otherwise it will be made in to another machar colony.



If I'm going to die for my country then I hope my family is taken care of. Its a bare minimum you can do.

 

[Mobius]

Even after all the Trump @$$ licking, if this facility is agreed and provided it's the everyday Pakistani which will still get screwed. When will these "Leaders" learn that loans are not the way forward.....

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[onlinpunit]

Hawksbay area is barren waste land, I hope DHA get it so they can develop in to modern city and compensate families of martyred families. Its the future of Karachi, only DHA will make it work. No one else will even bother before DHA, others will follow. Thats the reputation DHA have. Otherwise it will be made in to another machar colony.

View attachment 207772

If I'm going to die for my country then I hope my family is taken care of. Its a bare minimum you can do.

If the area is a barren waste land then establish a manufactureing hub. Give incentives to foreign and domestic to establish industries. Give electricity and others facilities.
A few Billions via FDI route can do wonders.