Sunday, August 1, 2010
Due to Zardari Govt policies 400 Billion Rs of State Bank will be damage in PASCO.it will be another shock for ppl of pakistan. (sheikh Rasheed -waqt news 2 May)
Oil price increased by Zardari govt on 1st MAY AS no fluctuation in international market its only due to IMF Pressure.As govt promised to IMF to increase electricity charges to reduce budget deficit in MAY , but govt done this through petrol increase.(Hasb haal 2 MAY)
Zardari Govt. is going to impose 16% VAT (value added Tax-Australian formula) on ppl from July 2010 & 700 to 800 billion Rs is expected to collect ,but economic experts say removal corruption from FBR can save 300-500 billion Rs per year.(21 march jang news)
PPP Govt increased petrol price 5 Rs/litre in MAY due to imf pressure ,rite now govt is considering to reduce the petrol price 5-6 Rs for june 2010 .but question is , who is responsible for increase (mangayi-rising prices) in MAY 2010 due to 5 Rs increase in petrol price ,to reduce petrol price in june wil never bring back old prices, even if we reduce petrol price up to 20 Rs per litre. (great game of hidden powers to unstable pakistan economy)
1770 billion Rs tax target in budget 2010, 50-70 billion Rs new taxes added in budget, compare to last yr budget .In which arround 650 billion Rs reserved for returns of loans as per instructed by IMF to Govt of pakistan.