jupiter2007
SENIOR MEMBER
- Joined
- Feb 19, 2007
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- 5,252
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deeper the cut, the harder it take to heal.
Economy was on ventilator and it’s finally showing some signs that it’s almost on the road to recovery. Actual recovery may take decades but as long as we don’t lose focus and try to eliminate corruption, we will continue to see improvements. IK biggest challenge is to deal with bureaucracy. If he can over come that, he will be able fulfill some of his promises.It will take 10 to 15 years to fix economic issue.
We have the enough natural resources to be among the top 10 economy of Asia, unfortunately we have been ruled by corrupt incompetent people with lack of vision and planning. We need a visionary leadership who takes proper steps to improve economy and this can done if government use multi-prong strategy to stabilize the economy and turn it into a sustainable economy.
current government already doing that without any kickbacks.
- Build small, medium and large DAMs.
- introducing technology to reduce corruption
- Health cards
- Dealing with bureaucracy which is still supporting corrupt mafia.
- Reducing government overhead.
- bring reform in government institutions
- Uplifting the government institutions that are losing money and trying to turn them into profitable.
- Reducing imports and increasing exports
- No previous government ever thought about creating a Sustainable economy. IK and his team is working on that.
- Majority of the problems can be fixed by digitalizing the whole economy and IK government is already working on the solution.
- BlockChain or any similar system can be implemented with centralized database. Digitalization of data is extremely important, all records should be digitized. Once data is there it can be imported in blockchain.
- What are the benefit of digitalization?
- It will make it easy to collect tax when the whole economy is digitalized.
- If the whole economy become digitalized, it will be almost impossible to do the money laundering.
- It will improve our business transactions and banking sector.
- It will make it easy to do land reform when land records are digitalized.
- Buying and selling of vehicles will be easy when the ownership record is digitalized.
- Easy for government to hire if the background check process is digitalized.
- If the Criminal record is digitalized then it will be easy to find criminals.
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