i totally agree with mr. javaid bashir . for banks it has now become the game of money or funds and security manipulation. financial institutions are being badly exploited by people in power and no proper legislation in this regard is available

The IMF conditions make sense. They have provided us the guidelines. It is upto us to work on them for the betterment of our system and economic progress. The banks must ensure to follow reforms. We must expand our revenue resources and cut the subsidies to different organization to make them self dependent and introduce administrative reforms. The insurance sector must be strengthened and cover provided to the small banks for the bail outs in case of a crisis. The reformation can kick start our economy. Javaid Bashir Kahore

Gone are the days(1999-2008) when Pakistan was one of the fastest growing country in the 138 UN member states with 7% GDP growth, the highest in the history of Pakistan (Zaidi) with low deficit of 4.3%of the GDP , low inflation of 6.6%fy 01-08 and FDI of 5.4BS (Nauman) with stable economy of 62 rupees to a dollar and 16.4B$ in reserve in 2007 and got rid of IMF. (Sir A. Rasheed) Five years of democracy pushed the country fifty years back. The second IMF loan is in pipe line , the third loan is under consideration and we have not paid the first IMF loan yet . From on ,beg and borrow will be the future along with load shedding which have crippled the textile industries which constitute 40% of our export.There is no fund available for power generation as the govt is already on life suport on IMF loans and may just want to finish its five years term if lucky.

well, technically, you are not in a position to cut back subsidies when you are already suffering from massive indirect taxes and rising inflation and mounting unemployment with nothing worthwhile really happening. Consumers purchasing power has been snatched away.So, instead of giving them confidence to spend you are indirectly forcing them to make both ends meet. These steps will make sure that people do come on road and demand for what they really need as basic necessities. If I talk about Power, we depend mainly on furnace oil to produce electricity, whilst other sources are not contributing much so far to add power to the main grid. Besides, Our Tax Collection Base ( Direct Taxes ) is poor which surely needs to be improved and tax evaders should be treated spot on. Considering masses live below or alongside poverty line and taking away subsidies should be the last step the government should take. The only main source of revenue for the government is Taxes, which if not improved, we won't be able to even pay the interest payments of loan we are being granted so how the heck do you think those structural reforms will take place at all??? We should bring tax evaders, money launderers in the net. It depends how smartly strategies be devised to increase the revenue. We need foreign direct and indirect investment to grease our corporate machinery but for that we need to fix deteriorating law and order situation on priority basis so corporate sector gains confidence to atleast invest their money, besides we need power to run the factories and in turn we need resources to produce the power. Since, furnace oil source is expensive and so do nuclear, gas is cheaper but we are running out of resources on those grounds too. The safest source that we can turn to is to build dams to store water which can be used as a raw material for hydro electricity and also for irrigation purposes. We can work on Thar Coal Projects and can also make power via Tidal Waves mechanism. Also, if we come across cheaper electricity that we can export from our neighbors, we can avail that option too. We need to work on our trade models and should focus on our strengths, like we should revive our agriculture sector and ancillary exports and every other sector we are good at. Once we lay the good foundations we can set ourselves on the road of progress, which is difficult but not impossible. Taking loans is not a good idea when we all know we have no sufficient avenues to generate revenue streams on such short notice. Its time for us to rethink, whether we want to dig deep and apply patches to our wounds or we should continue with our borrowing habits and put our country to strain which is already staggering.

The IMF's expects too much of Pakistan. Whatever party comes to power will struggle achieve just one of these reforms. Just reforming the power sector will take a decade.

Nothing in the world can help Pakistan except we ourselves. Here, the President's Kitchen spends Rs 18 lacs a day and the PM's Rs 11 lacs beides 32 cars and 7000 men paid by the Treasury for personal security of an opposition leader in NS. How can you ever improve anything? Pujab Govt ate up the entire investment in Roti plants and by buying $200.00 worth laptops for $370.00 ea. Unless, the finance criminals are hung in public, they will keep hanging the people. in 1950's and 60's, were the people throwing their newborns into Jhelum out of hunger? Wake up my coutrymen! Read the book of Allah SBT to foresee where are you heading?