PML-N responsible for the economic mess: ICST

[Path-Finder]

Obviously. Half develop brain and lack of guidance gives birth to a confused generation. Who is blindly following a demagogue.

mian tooi sharif?

 

[Ghessan]

The problem now with PTI is that they are paying the price for having foolishly promised too much before an election, and people campaigning for them remained ignorant of what would actually be needed and what is possible when they become the governing party. Talking shit is easy in opposition, look how easy it is even for PMLN and PPP now that they are relieved of power.

Also, on the topic of the economic mess, every old government is accused of screwing the new. And I have to agree, it seems governments don't think past elections. If PTI is the first to break this cycle and leave the finances of the government in a stable position with no impending crisis, even if the homes and jobs they promised don't come, I'll count them a success.

However, it still begs the question, if I as an ordinary individual could see a forex crisis and bailout coming in 2016 and warning signs even earlier, why couldn't people who are supposedly competent anticipate it? From the media to politicians including PTI, why couldn't they see this coming? And why did they applaud and take credit for shit economic policies at the time, which no doubt makes life easier in the short term and boosts popularity, but aren't sustainable?

please tell me what they could do in 2016 even if they did saw matters going that way. and forget 2016 what about 2017-18 financial year when pmln used 5.8 trillion

That was a tongue in cheek statement on how PML-N brought in more loans to Pakistan than Imran Khan did. Some say $40B worth, not counting CPEC loans.

Maybe you can answer my comment to Vapnope.

once again you have proved having no economic sense, useless talk to you.

 

[randomradio]

lol you are very delusional and as usual falling for the propaganda by your media. Have you ever considered that info you are being feed might have ulterior motives. Just do some research.

So why don't you tell the army to make public all their businesses? Let's see how many skeletons come tumbling out.

Going by your logic there should be no competition, there should only be 1 factory for each product in the whole country because it will take the profits from the other company. See how absurd that sounds

What I said is the exact opposite.

once again you have proved having no economic sense, useless talk to you.

So there are differences between the loans taken by IK and Sharif?

You haven't answered another question. Who is responsible for CPEC? Sharif? Zardari? Army? All three?

 

[hassan346]

idiots like you who let go corrupt and expects.other.to fix.it for you. I am sure in nect election you will vote for pmln or ppp because it satisfiy your brain cells.

,$40 billion taken by pml and you are expecting that PTI fix.for you and let go PMLN or PPP

this is what they did for you .. mwahhaaa

 

[Vapnope]

Yeah, serving officers made an industry they can join after retirement. But what about all those civilian industries that are losing out on contracts because the army can simply swallow up entire industries as a monopoly? There is only so much business that goes around.

I wonder if competition works against them.

If you do not know how Fauji Foundation came into being then ask instead of making unfounded claims. Since you have no idea about the competitors of their businesses you are welcome to Check Nurpur pasturized milk vs Prema pasteurized milk. You can compare any bank with Askari bank, you can check check best way cement vs Askari cement. And industries under fauji foundation pay taxes unlike many other companies.

 

[Jf Thunder]

i see you are still trying to dodge the question, perhaps you are just a pessimistic person or worse have ulterior motives, its hard to say but would like to give benefit of doubt and hope its the first one.

When has PTI taken credit of LNG deal? The changes required take time, when you sow a seed it takes time for it to fruit. Be patient, atleast we know that our tax money is not being spent on white elephants for kickbacks, the rest will happen in due time.

lets wait, while we get more taxes levied upon ourselves without any increase in pays

so 300 billion rupees 26 km rail tract is more important than 1700 km ML1 which would have cost around 700 billion

it all depends upon priorities ....metros should be built but cost effective only..you cant relate a 50 km plus network which cots 1/4 the price of orange line that will pay for itself and is sponsored by international reknown donor agency rather than CPEC related secrecy shrouded loans

having said that orange metro is neither good or bad...bad is what they did with our power, gas, exports, FOREIGN LOANS(local loans dont matter) and rupee value

FACTS AND FIGURES GOOGLE IT I WILL GIVE YOU ONE EXAMPLE
price of electricity and gas was reduced for textile and duties were removed on imports of machinery

Peshawar metro is cost effective?

and yet you used if like it did. It didnt a d failure and waste of money by PMLN. Come to reality from dream of if and but.

if PTI didnt hijack it
we could have used it
just like we used Isb/Lahore Metro
and Multan/Isb2 Metro, if it was not stopped

 

[ziaulislam]

lets wait, while we get more taxes levied upon ourselves without any increase in pays


Peshawar metro is cost effective?


if PTI didnt hijack it
we could have used it
just like we used Isb/Lahore Metro
and Multan/Isb2 Metro, if it was not stopped

asian bank say so...now should i take their word or your word ...you decide...at 68b rupees you have 30km plus network with no other parallel running transport and your own buses that are both electrical and diesel with distance base ticketing ..

Eh? What did PTI hijacked? The moon?

--
Let see hiw FBR does..PMLN was doing better in first 6 months as well..its possible that PTI performs horribly as well if it cant reform FBR for direct taxes, energy refroms and if doesnt lead an export driven growth rather than last yr note printing strategy

 

[Jf Thunder]

asian bank say so...now should i take their word or your word ...you decide...at 68b rupees you have 30km plus network with no other parallel running transport and your own buses that are both electrical and diesel with distance base ticketing ..

Eh? What did PTI hijacked? The moon?

--
Let see hiw FBR does..PMLN was doing better in first 6 months as well..its possible that PTI performs horribly as well if it cant reform FBR for direct taxes, energy refroms and if doesnt lead an export driven growth rather than last yr note printing strategy

I see, if what you are saying is true, then that is fair enough

 

[randomradio]

If you do not know how Fauji Foundation came into being then ask instead of making unfounded claims. Since you have no idea about the competitors of their businesses you are welcome to Check Nurpur pasturized milk vs Prema pasteurized milk. You can compare any bank with Askari bank, you can check check best way cement vs Askari cement. And industries under fauji foundation pay taxes unlike many other companies.

Such a system shouldn't exist in the first place. An army man after retirement should live on pension, not run a business directly for the army.

Fertiliser, cement, power, gas, oil, finance, food, real estate... You really think it's a good idea for an army to run all this.

Anyway your examples are bad. Nurpur milk has apparently been banned. And Bestway is a foreign company. Although I get the point you're making.

But if you really wanna fix your economy, you need to bring it all up by the roots, not just coat a layer of paint over all the muck.

 

[AZ1]

lets wait, while we get more taxes levied upon ourselves without any increase in pays


Peshawar metro is cost effective?


if PTI didnt hijack it
we could have used it
just like we used Isb/Lahore Metro
and Multan/Isb2 Metro, if it was not stopped

If you have proper planing no one can hijack it what good was PMLN govt for? Can't protect their 1 big project and wasted people's money on it.

 

[Jf Thunder]

If you have proper planing no one can hijack it what good was PMLN govt for? Can't protect their 1 big project and wasted people's money on it.

stop the funding for the project, and its Hijacked
for example, the second Isb metro

 

[Imad.Khan]

So why don't you tell the army to make public all their businesses? Let's see how many skeletons come tumbling out.

Actually alot of the business are publicly listed on PSX. Still it doesn't explain what economic benefit would be gained by taking profit making business that is funding the military veterans by nationalizing and the privatizing them when these companies already pay taxes as well?

lets wait, while we get more taxes levied upon ourselves without any increase in pays

It seems you don't have answers to back anything that you claim?

 

[randomradio]

Actually alot of the business are publicly listed on PSX. Still it doesn't explain what economic benefit would be gained by taking profit making business that is funding the military veterans by nationalizing and the privatizing them when these companies already pay taxes as well?

The army is going to have to start acting like an army and give up civilian business. They have too much power.

 

[AZ1]

The army is going to have to start acting like an army and give up civilian business. They have too much power.

yeah and also give away country to nawaz so that he can gift it to india no thank you

 

[VCheng]

The army is going to have to start acting like an army and give up civilian business. They have too much power.

Now why would they do that? WHY?