Pashto Times

  Roundup of Dr Atif Mian’s podcast with Shehzad Ghias Sheikh 1- Follow Socratic Methodology 2- Pakistan is not a poor country 3- Pakistan’s elite is unproductive 4- Pakistan’s women are discriminated 5- Under 5 mortality is 115,000 per annum which is negative marker on per capita income 6- Investment is 50% low as it should be 7- Exports are 50% low due to unproductive elite 8- Pakistan has a skewed and unequal process of development involved in Land brokerage and rent seeking 9- Pakistani elite mints illegal value by seeking Govt incentives in real estate 10- Real estate tycoons rob value created by productive middle class professionals and traders by converting agriculture land in the urban areas. 11- The investment should be diversified and given to productive section of the society 12- Land should be taxed so that real estate becomes unattractive 13- Invest in the right sector especially hi-tech. 14- Pakistan must create an ecosystem based on cash flows in emerging sectors to ...

Key Points Of The IMF 112 Pages Country Report About Pakistan. By Farukh Abbasi IMF’s 112 page Pakistan country report was just released. It clarifies a lot of things that are being discussed about our economic affairs these days.  This THREAD will highlight key points. • IMF revived the program and extended the facility after the current govt showed some progress on 7 key steps that were promised by Shaukat Tareen. These included taxes and levies on fuel, increasing tariffs on electricity and gas and also increasing taxes on salaries class. • Imran Khan’s four month relief package led to a missed end-June fiscal target by a lot.  It also widened the fiscal deficit by more than 1.5% of the total GDP. • After some initial delay, the new government started to unwind the relief package in late-May 2022 removing the untargeted power and post-tax fuel subsidies, commencing the restoration of the Petroleum Development Levy (PDL, ¶14), while expanding social support schemes. • Additi...

Is Capitalism exploitative? By Naeem Khan CSP. Critics of capitalism view wrongly that the system is inherently exploitative as capitalists control the means of production (e.g. factories, businesses, machinery and so on) and workers control only their labor, the worker is naturally coerced into allowing their labor to be exploited. This is a wrong assumption as labor receives recompense for what it gives . We ask for employment ourselves.  Capitalists don't force us. There are labor unions,  associations and courts to redress any injustice with labor class.  Nowadays machine is replacing typical labor so human capital is now only managers or scientists or technologists and  that image of poor shabby laborer is gone.  In countries where Capitalism is in vogue like Japan or Canada or USA or Europe,  everyone is equally rich with all the basic facilities of life.  Both owners and workers of businesses are enjoying a satisfying life. We don't have low pai...

IMF, Brazil, Amazon, World Powers, Pakistan, Sri Lanka And Default. ماته د IMF او پاکستان راتلونکى روښانه نه ښکاري. د نړئ مالياتي چلبازه له يوې اوږدې مودې راهیسي د پاکستان د قبضه کولو کوشش کوي، پاکستان د هغوى له منګولو د وتو لپاره خپلي هڅي کوي خو دا مهال د شطرنج په بستر کي موږ ډېر کمزوري يو هر کله ماتېدى شو.  د نړۍ ډېر هيوادونه له داسي حالاتو سره مخامخ سوي دي، راځئ وګورو چي د ماتي خوړو څخه د ژغورلو لپاره هغوى څه وکړل، لومړى يو نظر په برازیل اچوو.  غالباً په برازیل باندي 130 بيليونه ډالره قرض و، هغوى قسطونه نسو ادا کولى او د سقوط په لور روان و، برازیل امريکا، يورپين يونين او  IMF  ته واضح وويل چي موږ په يوه داسي حالت کي نه يو چي قرض ادا کړو يا د قرض سود ادا کړو.  دا چي دا اداره د کمزورو هيوادونو د اقتصادي ودي لپاره جوړه سوې خو له هغوى سره د کار کولو باوجود هم زموږ حالات ښه نه سول نو ځکه زموږ قرضونه بايد ختم شي. امریکا او نورو قوتونو برازیل ته واضح وويل چي تاسو بايد قرض د سود په ګډون ورکړئ ستاسو لپاره هيڅ کوم بل اپشن نسته.  برازیل په ملي سطح يوه پرېکړه وکړه ا...