Economic priorities
• The federal and provincial government need to take care deep reforms as follows.
• To accelerate growth
• To accelerate lower debth
• Reduce inequalities
• Reduce poverty
• Reduce inflation
• Reduce youth unemployment
• Improve education
• Improve health sector
• Remove water and power shortages
Without such reforms
• Farmers will fight with farmers for waters.
• Provinces will fight with provinces for water.
• Cities will become unlivable
• Millions of unemployed people will join organized crimes.
what sould be done
• Pakistan economy must have an organized economic strategies on part of federation and provinces.
• Tax reforms are necessary to to reduce deficits and debts and to increase expenditure .
• Tax reform strategy must be introduced to increase the tax-GDP ratio at least 20 percent in five years.
• Far greater accountability and transparency is needed on defence. there needs to be a debate on the value of billions of dollars spent on the expensive assets,fighters,ships,submarines,heavy armament, which cannot be even protected.
• The defence establishment needs to focus on its core mission and get out of running cement and fertilizer factories, bakeries ,logistics and construction companies , housing and land development.
• Eliminating untargeted subsidies would yield massive savings. Like
• Subsidies to all non energy public enterprises such as PIA, Pakistan steel etc
• The subsidy on gas to fertilizers companies.
• An imported fertilizer and wheat.
• Subsidy on CNG.
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