GOOD NEWS:Govt Started to workout its commited relief to Public!

[pkpatriotic]

The Oil and Gas Regulatory Authority (OGRA) Thursday increased the petrol and diesel prices further by Rs3 per litre.

The new petroleum products’ prices will take effect after 12 midnight.

The announcement of the price rise came after a delay of one day because matter was to be consulted with the Federal Finance Minister, Ishaq Dar.

The price of petrol and diesel were proposed to be increased by Rs3.50 per litre. However, finally the prices were raised by Rs3 per litre after consultation with the Federal Minister, Ishaq Dar.

Here I must congratulate the Government of honorable Elites, upon great commencing of their 100 days programe committed to the poor public, as the brillient Finanace minister has already been announce that, the policy of prvious govt: will be continue.

But their is a big question rosed in our mind that, if they dont have any new and policy aderess to the financial problem particularly to control the sky rising prices of basics of cost of living for common peoples, then what will be the change they claimed to prevent Pakistani poors, before election???

Fortunatly, we are educated peoples and always keep ethical manners & values, otherwise this thing made peoples mad that, now we will bear next 5 year with these stupid guys who don't have any expertise, They have proved now that, they just are ultimatly senseless and heartless selfish peoples who made fool peoples just for the sake of their own personal interest.

If some one here has any contact with this Finance Minster, so plz let him know that, if he recognised that, he can not confront the issues faces by nation then he must resigned. Or he may asked it to public or make a think tank to get best pre-Budget advises for the betterment.

We being the member of this valued forum, may give him best and complete revelotionary proposal to boost exports upto US 5-7 billion with in two years- upto Dec-2009, can also manage huge investment power generation, and the fast generation of Jobs, and sound education system as well, to initial for good governance of country economy, with out taking any single penny just for the sake of our loving country. Even i dont like ot use my name, as I always like to be Kingmaker rather then to be a king.

Almighty Allah bless us all and protect the peoples of Pakistan

 

[Imran Khan]

this is first good news from gov please welcome.only 3 ruppes up the price of patrol very soon people seen complete film this is only trealer of film wich name is [ MAHNGAI KA TOFAAN ]

 

[EagleEyes]

People of Pakistan deserve this. They voted for what they wanted.

 

[AgNoStiC MuSliM]

I don't think either Musharraf or the new government are to blame.

World food prices have increased by an average of 70 percent in the last five years, oil prices are at record highs (which influences the price of everything else). The Afghan border continues to defy control, and smuggling of wheat continues, but then Afghanistan itself is suffering even more (not good signs for Karzai or NATO winning "hearts and minds").

There is an urgent need to reform the agricultural sector (and not by commercializing it and having corporations take over ala US), but by educating farmers, perhaps helping them set up cooperatives, better seeds, better practices etc.

 

[HAIDER]

Imagine Isaq Dar is not granted this seat on the merit base, because he is close relative of Nawaz Shareef, Who has no experience in this sensitive field. He will do what bureaucracy will tell him to do. An extremely incompetent person for this post.

Nawaz has given at least two most lucrative ministries to his close relatives. The most powerful Ministry of Finance will be headed by Senator Ishaq Dar, who happens to be the father-in-law of Sharif’s daughter.

 

[EagleEyes]

I don't think either Musharraf or the new government are to blame.

Blame game tactic should be used in this case.

 

[Imran Khan]

just wait sir after 5 years of this gov price of gold low then suger . patrol only for seen not for use.program is started with name of [ghareeeb mukao ]

 

[pkpatriotic]

The moments of worries and we need to have a revolutionary package for short term, medium, and long terms basis for the country to reduce inflation, and generate employment for mass.

As after a Jerk of a rise In Petrol's price which may effect to each commodity, while there are indicators demanding the attention from our decicion makers, as Foreign investment recorded a significant drop of 46 per cent during the first nine months (July-March 2007-08) of the current fiscal year, compared to the same period of the last fiscal year.

The country attracted an all-time high foreign investment during the same period of fiscal year 2006-07. The foreign investment remained in a narrow band, even after democracy was restored in the country through general elections on February 18.

The current statistics of State Bank of Pakistan (SBP) showed that in March 2008, Pakistan attracted only $300 million foreign investment. This is less than the expectations of economic experts, who were predicting much more investment under a democratic government.

However, economists are confident that in the remaining three months of the current fiscal year, overall investment would grow robustly due to the issuance of Global Depository Receipts (GDR) of National Bank of Pakistan (NBP) and some other companies.

As per official statistics of SBP, during July-March 2007-08, net foreign investment stood at $2.98 billion compared to $5.55 billion in the same period of the last fiscal year. This meant that foreign investment dropped by $2.57 billion during the first nine months.

It seems that foreign investors are still reluctant to invest in Pakistan, despite the fact the election process has been smoothly completed without any problems. The new government has taken charge and the law and order situation is improving gradually.

Major decline was recorded in portfolio investment, which fell by 103 per cent, with a decrease of $53 million during the first nine months of the current fiscal year, compared to an investment of $1.69 billion during the corresponding period of fiscal year 2007-08.

Analysts were of the view that the current growth in foreign investment was not sufficient to meet the expanding current account deficit of $11 billion and the government would be compelled to rely on international debt.

“We are expecting that at the end of current fiscal year, overall investment would reach near $4 billion, as presently the average quarterly foreign investment stood at one billion dollars,” stated an economist. However, he said that if the GDR of NBP and other private companies is issued, then overall foreign investment could cross $5 billion mark by the end of June 2008.

 

[Dynamic_Dynasty]

LOL here we go again.

One guy come up say Jiye Musharraf there you go a WAVE came up with Intizamiya too.

First of all GAS prices are sky high all over the world. Do your self a favor and start reading Finance News maybe I should give u a source here >> Yahoo! Finance

Secondly Musharraf's time is over.

 

[pkpatriotic]

<>>>>> You are really Dynamic dude.............. and here I agreed with you.....I may add few more words...........that........ we shud be optimistic but realistic rather pestimistic........and broad mindedly realise the fact regardless any gurj to any one personal, but have pursue the issues, and that's why as i hv told in Blue highlighted lines in my previous above message, addressed to the further rising problems besides the current issues.

We shud avoid to involve in politics on such serious issues,.............. and shud not talk about individuals of past or present, but Our economical situation demanding serious steps to be taken indeed, and as such ultimatly we need proactive natured executives rather reactive, to attempt for best stratigical solutions in view of global situation, to confront the problems facing by nation.

Most of us who belongs well -off family /culture, may not have complete understanding about the seriousness of the crises faced by majority of our poor brothers due to unemployments and inflations, as such its not a time to crtisize to individuals .........but ultimatly have to chase the seated decicion maker for keep their attention to resolve issues ............. and prevent peoples to follow Bushra Ultimatly (Bushra socieded with two childrens, on Railway track in lahore).