Cash gk
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- Sep 20, 2015
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- #61
I beg to differ with one of your point. I will not invest in India. Even my all investment goes down in Pakistan. I will stick with country where my elders are buried. We will keep investing in our forefathers land. Asim anjam and maryam we will fix them inshallah1) remittances should not be given to Pakistan, as it supports the crooks to stay in power. They should only be given if elected people are given power back, meaning Pakistanis are given power back
2) dark economy should be taken out, and only digital currency should be allowed. this will allow smooth taxation and digital foot print leaves a track, BUT, govt will never allow it as it weeds out and crushes corruption.
3)FDI wont happen, as no one trusts pakistan,
as an example as overseas Pakistani, i investment close to $100,000 in a startup business, but the people i knew from my childhood swindled the money. My american wife talk about it everywhere we go, that how corrupt Pakistanis are. just imagine the shame people bring to Pakistan. on a flip side if pakistanis who swindled the money, had worked honestly, the projected growth was 18% to 25% per year. just imagine if business grows, more money would've poured in..
i moved my investment to India and now have invested roughly $400,000. and same projected return.
there is something seriously wrong with DNA of Pakistanis. At Pakistan embassy washington DC, met with Ambassador Masood khan with american pakistani entrepreneurs, majority of issues were around money swindling, hard to invest in pakistan, as govt wants share (corruption) and lastly, $ being stuck in invesments in Pakistan for various reasons.
who will like to invest in Pakistan.. no one will, its a mess of a country, i recommend every pakistan american in my entrepreneurial group to not invest in pakistan unfortunately
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