Get ready for tough Situations I Global Economy is Facing Shocks I

Despite experiencing much economic and political adventurism, Pakistan has still been unable to break the ramshackles of the development enigma. The question that keeps surfacing is why has nothing worked so far. Today, the basic ingredients of development are known i.e., well-defined property rights,
Let us have an open conversation on what is stopping Pakistan from achieving economic growth and development.
Why has Pakistan not been able to develop?
Why is Pakistan still trapped in the vicious boom-bust cycles, with the
boom becoming rarer with time?
effective judicial system, rule of law, efficient institutional frameworks, and
market-based economy, to name a few. If all the ingredients are known, then
what's missing?
Everyone in #Pakistan is worried about the economy. Whether it’s a social gathering, a friends’ meet up or a TV talk show, conversation drifts towards the economy. We all know that the economic crisis in Pakistan is a tale as old as its emergence in the league of nations. The country that was once considered to become the next #AsianTiger is now struggling to keep its head above water.
EconFest Website: econfest.pide.org.pk/
For Further Details Please Visit:
@PIDEOfficial
www.pide.org.pk
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[@mudasirhassan2255]

Dr. Nadeem shb is the Socrates of Pakistan. He is serving Pakistan in the best way.

[@UmeshGupta-sh7nj]

Pakistan problem is not economic but political. If Pakistan can’t live and behave like normal country nothing would happen.

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[@javaidak4204]

Very useful content, brilliant Qs & Ans , fully agree and commend the effort 🎉

[@imiikhan]

IMF has-been successful in preventing the crisis but not very successful in changing the ways in which economy is functioning 👍👍

[@ashrafalam6075]

Respected Sir, As per my perspective Pakistan basic problem is Governance. Charter of Economics will proof to be a Paper piece. Every government tried for very short term policies. We need a very clear objectives at least for next 25 years. Governments were unable to understand the real issues, that's why unable to solve the problems.

[@AbuHaiderSafdar]

That was very important for our youth to gain knowledge and I really appreciate what you have started,

[@attamuhammadattamuhammad9953]

From which sectoral sector to start development first in Pakistan?

[@asaddani6735]

Very nice and humble person....Sir Masood ahmed

[@attamuhammadattamuhammad9953]

Local investor important or foreign investor important?and which one more beneficial for country?

[@suzie901]

Dear sirs, we read the Quran and pray 5 times daily to Allah. We follow Islam. Pak means pure. Why does the almighty not listen to us? Is praying to Allah not the solution?

[@asadalisheikh110]

In case of IPPs there was no design flaw as Dr. Masood states. The kickbacks in every project were duly factored in, which were the very purpose of such projects.

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[@attamuhammadattamuhammad9953]

From which GDP sector agriculture, industry or service sector to start growth and priority ?

[@engineeringworld7336]

we have to grow in all these on urgent basis.

[@pervezmemon743]

I wander why these all are not working at all?

[@Iramkabir7298]

Why Pakistani economy worse up even having every resources human ,natural.etc but why failed to achieve economic growth and why poverty increase day by day in Pakistan ?....

[@asadalisheikh110]

In country like this a poor shopkeeper can't run his shop peacefully but a man (rather many more land-grabbers like him under official patronage) can grab lands thousands of acres without payment. And when SC fixes the liability, he gets the national money coming from NCA, UK transferred in his liability account with SC and for the rest he says go to hell. This kind of things don't happen even in banana republics. Various African countries have reformed themselves. But the nexus of so-called rulers (landlords and industrialists) and mafia in business have devastated this country.

[@quddusquddus136]

The problem is the huge capacity of a chronic borrower to lie. The state of Pakistan in fact doesn’t exist. How policies could be framed if the interests of the state have never been considered? For a functioning state with an army, a dynamic economic sector is needed. How to expect such a sector, if industries are shutting down. The export sector is vanished. Who gave the chronic borrower the right to talk of global economy? Importing luxury items such as German cars and Cuban cigars while barely exporting cotton towels may entertain a billionaire ex-army chief. But how a chronic borrower could learn how to export industrial goods? What is needed is a recognition that state of Pakistan died with a slogan: “Jihad Fe Sabillilah.”

[@attamuhammadattamuhammad9953]

Why we not encourage local investor to invest in country or not give a chance or path?

[@engineeringworld7336]

yes the govt should give opportunity to local investors with solid terms and conditions as we have large numbers.

[@attamuhammadattamuhammad9953]

Aslam o alikum 🥀🌹🌺

[@asadalisheikh110]

We use exotic jargon of macroeconomics to identify our problems. However, if we really explore the ills of our reaching to brink of default, the reason that we find is not that we are just financially insolvent; we are actually insolvent in terms of governance. And why there is no governance rather chaos, because if we explore, shall find lack of ethics among the ruling class. They are the leeches which have sucked the blood of Pakistan. The biggest the position or institution and large would be the level of corruption, compromise, conflict of interest or ulterior motives of them. When national money goes in private pockets or disproportionately and nation is denied a government of their own in the true sense, and most of all emergency aid too is pocketed by them and booked against the masses in terms of inflation, devaluation of currency and high rate of interest, there is little chance we can get out of economic malaise that we are in, unless we have a government that works on human development and makes use of all the resources judiciously and honestly.

[@attamuhammadattamuhammad9953]

کیا ہم نے یا ہمارے پاس گہرائی سے مطالعہ ہے مسائل یا اسکے حل کا ؟

[@MysticSage-hg3jh]

Very Poor Audio

[@blackhawk8678]

Country is in economic crisis, but its people are rich..... 😂😂😂

[@UmeshGupta-sh7nj]

Pakistan neither have goods services for export nor market. There is no country exist towards east of Pakistan. So what to do?? No one would talk.

[@saadaturrehman261]

IMF.. SWEET WORDS...AND WORST AGENDA...

[@debashishkar3647]

😂

[@rapidfire8223]

We should implement Shariah in totality. All problems would go away.

[@nehabalapure5365]

- [ ] Muslim League had practically no contribution in the Indian independence movement and Pakistan was offered for free. Then the Cold war and 9/11 funded Pakistan for multiple decades so Pakistan was not earning any money on their own and the freebies meant they never invested in education and living by the day. Matter was made worse due to madarasa education and fact that Muslims didn’t want to be be ruled by British or Hindus, the basis for Independent Pakistan, which made Pakistanis very arrogant. The result is in front of everyone, the situation is beyond repair. Separate Pakistan state was the biggest mistake of Muslim League and its just a matter of time when civil war will end the state called Pakistan. This is the bitter truth and no discussions or workshop’s can prevent breakup of Pakistan.

[@nehabalapure5365]

What a meaningless discussion

[@nehabalapure5365]

India has the lowest interest rates , you fake Sir

[@nehabalapure5365]

Look at the speakers and the audience, they both are madarasa graduates in suits and boots and speaking English in a strange accent, what arrogance, only big talk and nothing on the ground.

[@manavendrasharma1069]

Farak unme or tumhe yehi hai key tumahra aage ise kataa hua hai