ziaulislam
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If pakistan just implement point to sales and digotize its economy(this can be done in 6 months)
It revenues will be up to 12,000 b
It will enough fiscal space to give 200b subsidies needed to solve power crisis(due to exepensive PMLN deals & 20-25% losses vs standard loss of 10-15%) and will have enough fiscal space to support export subsidies(300b)
This will solve all of our problems and debt to gdp will drop furthet due to better documentaion
So pakistan ONLY problem arguably is tax collection
Lack of tax collection is whats making govt do blunders(taxing the exports that sre easy to catch or making electricity /utility expensive for exports)
==
On topic
Will we burn through reserves
Not sure..if you look at sbp dats almost all CAD is due to oil imports so if we can get oil on deffered payment we will not burn througj reserves
But what will happen in 4 months when deferred paymnet is over??
That is the real question
We can hope for execellent demand, and low oil prices at around 50$ but thats about it
It revenues will be up to 12,000 b
It will enough fiscal space to give 200b subsidies needed to solve power crisis(due to exepensive PMLN deals & 20-25% losses vs standard loss of 10-15%) and will have enough fiscal space to support export subsidies(300b)
This will solve all of our problems and debt to gdp will drop furthet due to better documentaion
So pakistan ONLY problem arguably is tax collection
Lack of tax collection is whats making govt do blunders(taxing the exports that sre easy to catch or making electricity /utility expensive for exports)
==
On topic
Will we burn through reserves
Not sure..if you look at sbp dats almost all CAD is due to oil imports so if we can get oil on deffered payment we will not burn througj reserves
But what will happen in 4 months when deferred paymnet is over??
That is the real question
We can hope for execellent demand, and low oil prices at around 50$ but thats about it