An Excellent Out of Box Solution for the Entire Economic Malaise of Pakistan
An Excellent Out of Box Solution for the Entire Economic Malaise of Pakistan. Pakistan must give a try to this novel idea to easily eliminate poverty and unemployment. The other untapped ‘free’ money July 17, 2013 Najma Sadeque An Article About a Novel Idea to Easily Eliminate Poverty & Unemployment Published in the daily “The […]
A Fit Case for Pakistan to Demand from the IMF & the WB Odious Debt Write off
By Nadeem M Qureshi In 2008 when the PPP government of President Asif Zardari took office Pakistan’s total foreign debt was about $40 billion. Today, at the end of the PPP government’s term, it is $60 billion. Twenty billion dollars of new debt has been added. As the Government of Nawaz Sharif begins negotiations with […]
An Ode for Mr. Ishaq Dar, the World Bank and the IMF
Attention Mr. Ishaq Dar, the IMF and the World Bank. we paid $37.2 billion as debt-servicing alone in the last eight years. This is many times more than the principal amount that we borrowed during this period. An Eye Opener by Mr. Naeem Sadiq Dear Bank Naeem Sadiq TheNews Friday, July 12, 2013 Many thanks […]
Mr. Ishaq Dar why IMF loan at abnormally high rate of 3% why not at 0% for which IMF has already decided to extend zero interest rate to poorer countries?
Dear Mr. Ishaq Dar, Your kind attention is invited towards the following news item titled “IMF extends zero interest rates on poorer country loans” published by the daily “Pakistan Today” on 23 December, 2012 detailed news available at the link :- http://www.pakistantoday.com.pk/2012/12/23/news/profit/imf-extends-zero-interest-rates-on-poorer-country-loans-2/ In this regard, as per my many earlier submissions to the PM and […]
Mr. PM! You Will Have to Take Personal Charge..!
H’able Mian Nawaz Sharif Sahab, Salaam. The above mentioned news reported today on 10 July, 2013, by the jang.com.pk that Saudi Arabia and UAE are providing (interest free and conditions free) cash and kind assistance of $8 billion to Egypt, further highlights the importance of my three doable suggestions put forward for your kind consideration […]
Mr. PM! There are three options to avoid IMF loan
The daily “The News” published the following on Thursday, 27 June 27, 2013 at page # 4. Link:- http://e.thenews.com.pk/6-27-2013/page4.asp#; Link:- http://images.thenews.com.pk/27-06-2013/ethenews/t-23752.htm Mr. PM! There are three options to avoid IMF loan ISLAMABAD: Renowned economist Syed Nayyar Uddin Ahmad has written an open letter to the Prime Minister Main Muhammad Nawaz Sharif, in which he has […]
Re-born Pakistan
Now our economic malaise has reached such a stage that business as usual, is going to jeopardise our statehood, not in years, but in months. The degree of the sovereignty of a country, is directly proportional to the state of the economy of that nation. Actually, in constant growth & development lies our salvation. Secondly, […]
Pakistan – An American Recipe For Curbing Our Debt Problem
Midwestern tycoon Warren Buffett, pictured here adorably eating a parfait, presented his quick and easy solution to America ’s debt problem today on CNBC: “I could end the deficit in five minutes. You just pass a law that says that anytime there is a deficit of more than three percent of GDP all sitting members of […]
No to Loan Write off – Says Finance Minister of Pakistan
Senate of Pakistan has passed a resolution calling writing off of entire debt of Pakistan. President, PM & Interior Minister, Mr. Rehman Malik, are on record, demanding loan write off for Pakistan. Also, Oxfam has campaigned internationally for write off of Pakistan’s Foreign debt. However, our worthy Finance Minister, Hafeez Sheikh, has the guts to […]
Case for Pakistan Debt Write-off
Senate of Pakistan has passed a resolution calling for writing off of entire debt of Pakistan. President, PM & Interior Minister Mr. Rehman Malik, are on record, demanding loan write-off for Pakistan. Also, Oxfam has campaigned internationally for write off of Pakistan’s debt. However, our worthy Finance Minister, Hafeez Sheikh has the guts to say that Pakistan will not seek debt waiver. And in fact, he […]
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