ziaulislam
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thats whats happening exports were heavily taxed...this changed just last year and result was double digit textile growth..What do you mean - Taxes on exports? That is ridiculous. It should be the opposite? For example, if I buy a non locally made car and try to import a new one; I will pay 100% levy here. All reconditioned vehicles imports are banned and even if you do import, most parts wont fit.
other problem is heavy co operate taxes and levies are besides
ultimately textile industry had to pay 15% value added tax and around 35% coperate taxation apart from numerous surcharges on power
While many fanboys/defense enthusiasts and many other Pakistanis alike would love Pak forces getting new goodies but the need of the hour is to REALLY focus on the economy.
In fact even if the new purchases have to be halted for a 5 year period...I would say go for it. At the current pace(of the economy) Pak would not be able to keep up this arms race. Using USSR as an example it should be an eye opener for all Pakistanis. I'm really hoping that the next government(whoever it may be) really cranks up economic reforms and focuses on the big problems like water shortages, need of more dams, etc. The public should keep a firm pressure on the government to deliver on their promises...and I'm also hoping that the crack down against corruption keeps going and cleans out other scumbags like Altaf, Zardari, PML-Q goons, etc.
finally some one knowing something..this is what india knows as well, RAW took a page from ISI..best way to defeat an enemy is economic collapse...
look at Argentina and USSR, argentia was once one of the richest country now its defaulted
things are not that bad now, thank God Mr dar was fired, but the damage was done