....k guys....i'm gonna give an idea here.....be'humdulilah aaj pakistan ka 58th Independence day hai..........Alhumdulilah all over the world Pakistanis are so uplifted ....having fun ....praying for a prosperous Pakistan .....and doing all what we should be doing ........self accountability, history lessons emphasizement , future plans for Pakistan's streatnghtenment .....Alhumdulilah.....................Friends i gotta idea ...n dis is i wana share wd all the pakistanis all around the world ..................... i wanna see the possitive attitude comming up Inshallah ......... if yes , we gonna do the real real favour or i should say duty to our homeland.................... In goverment's records today pakistan's population is around 16 caror aur pakistan pae moujouda waqt main ''baerouni qarza'' hai around $34 billion US dollars ......So my point is that if all over the world pakistanis contibute only $2 US dollars so we can reach the level where Pakistan would be almost out of depts ......in the given situation inwhere our economy is prospering anyways we'll help make Pakistan one of the most out strained economies in the world ...and then we can achieve the goal of ''Prosperous Pakistan'' within a year or two Inshallah.....Sooooooo please lets do it..........$2 US is absolutely nothing for most of us even for the pakistanis living in pakistan its just near nothing when compare to the benifits our nation is to gain after it........Sooooooooooo plzzzzzzzzzzzzzz read it all carefully and do not comeup wd negative approaches .....LETS DO IT..........

MAY ALLAH SWT BLESS PAKISTAN


PAKISTAN PAINDABAAD

I'm up to help out but how do we make sure the money goes to where it should? Sorry I couldn't understand much of what you said but i got the drift of it.

To pay off debt of US $30 Billion, each Pakistani will have to pay US $200 (Rs 12,000), not US $2.

Pakistan's Population: 150 Million

200 x 150,000,000 = 30,000,000,000 = 30 Billion

Sorry, forgot to add that we sure appreciate your spirit but it should be understood that debt is not always bad if used properly.

There you are brother a lil more elaboration ........i have started the same thread in another forum ''MUZIQPAKISTAN''........ (i'm srry main 'typing ka chore' hoon)........ I hope it's gonna be helpful.....



http://www.muziqpakistan.com/board/index.p...5&#entry1125505

saeed khan well done brov..............brother i'm happy to get some responsible answers........i'm sorry if i have calculated it wrong but as i wrote in my mail ppl like me whoz not even living all that lavish life but by being here in britain if i get such circumstances inwhere i know my money is gonna go for such anoble cause i wouldn;t pay two pounds and sit at home ....... i'ld love to pay as much to serve my country....the same implies to all the ppl living in west once they've got the trust they'll pay good ammounts not only two dollars and sit relaxing.......Need is only for TRUSTFUL innitiative and TRUSTLY delivery.

There is a good debt and a bad debt. I am not sure if it will help us in retiring the good debt.

Bad debt, that is high intrest or/and a debt tied to economic measures should be retired fast.

Its a god idea to retire the debt and come up with a national approach to do it too, but what are the eonomic repercussions of it are much more complex than you and I think.

Cheers!

There is no such thing as good debt and bad debt. All debt is bad and a burden on the economy.

There is only bad debt, which splits into expensive : high interest

and cheap debt: low interest.

islamically speaking - which is the only way - all debt should be paid asap

bhai wah!

This isnt how it works, even if Pakistan somehow comes up with $36bn we will still have to pay the debt in installments, we cannot pay two installments at once, we have to follow the conditions which we signed when taking the debt.

So, jazbati honay ki koi zaroorat nahi, all we have to do is not take any more debts (for Non-Developmental purposes).

i think we should get rid of the debts as soon as possible.

And also we should not build up our forex reserves too much, like india, china and japan. This can be deadly if dollar falls.

Janoo german, i guess you studied economy in German language, upper sey guzar gye....

joking aside, a debt is never good even at zero interest, only because you have to make the payment every year taking money out other resources. A debt is only good when you receive it ( just like the first purchase you make on a newly issued credit card), after that its all bad.

anyway, dont think anyone would mind paying $200 only if we know its will go where its suppose to, chances of which are very slim. Remember what happend to Nawaz sharif's debt retiring scheme, how much of that was used to retire debt.

Exactly

The idea is very good. What we should do, given that $200/£130 is not affordable for all people, is contribute to some sort of fund/project which can built facilities for Pakistan's poor.

There must be 2 milion NRP's globally, who between then can raise 500 million or something, that can go along way to providing clean water and so on for all our peoples.

xyxmt Ace brov/sis can you tell us the source of what you've written ....that Pakistan can not pay off all the depts lumsum.....actually it makes sense after all The capitalism is nothing but as they say ''shaitani nazam'' in which the ''interest'' is like sucking the blood of needy. beherhall plz give us sm inside of it............Jazak um Allah Kher.

Interesting Point you think PAKISTAN should Invest the money in capital ........... maybe create an Industrial state as early as possible and get the reserves in some other form as Gold or so am i Right????

QUOTE

Remember what happend to Nawaz sharif's debt retiring scheme, how much of that was used to retire debt.

This is an obvious Question which is to be raised by public thats why i in my first post have emphasized on the root of the problem which is TRUST .....Goverment has to provide this trust to the people that their money is not going anywhere but for one cause and that is Economic Progress of Pakistan and if you read my first post i have mentioned it that the innitiative has to be taken on govermental\civil bases in which top media figures , trustworthy journalists , writers , University Professors , Economists can be representatives of the civil Society ....and they all can be directly ellected by the public of pakistan in some voting manner the criteria should be The Most Honest, The Most Trustworthy, The people of the knowledge Indivisuals from Pakistani society.

Thanx for appriciation applepie ..... Basically as mentioned above at the time of nawaz sharif as they betrated people's trust ........For Goverments it'll be HARD to regain public's trust in them ...........Only by their actions they can show themselves different then the previous rulerz and in my opinion i have seen in present Learder (may not be the whole Infrastructre) A sense of sincerity towards Pakistan .....kuch ker guzarnay ki Lagan.......and dis has given me the spirit and made me to mobalize our nation to Get along and use the time to do smming better for PAKISTAN ....our lil contributions collectively can Really Really make a difference.......here i'ld appreciate your thinkig of ...

QUOTE

some sort of fund/project

but emphasize again about the Anti flawed measures ...in my oppinion they can be set by the honest//patriot Majlis/Think Tank made by Goverment/civilian collaboration. Jazak um Allah Kher to all who replied and assisted.

We on this board could contribute towards a small scholarship fund for Pakistani student or students (up to say 3) of very high academic ability to allow them to study overseas in fields useful for Pakistan, like Engineering, medicine ect. Or to allow them to attend a good school in Pakistan.

Say the board has 200 active members (I am member # 6000 and something!) ,and we were to annually contribute £100 each, (thats less then 10/month!) that's £20,000...

We could call it PDF studentship for the Sciences, and a committe of 7 members (its my idea! :p ) could review applications and allocate the fund in installments to allow Pakistanis access to high class education.

If I ever have lots of money, insha-allah, I would open a system where I would fund a number of Pakistani students thru there university education, on the condition that they use there gain to further Pakistan, ie work there for 3-4 years AFTER graduating, before they can do what they like.

I am not rich, but one day insha-allah, this can happen.

In the mean time, a combined effort to open access for Pakistani kids to Western education is possible.

Wasalaam,

Applepie.

Oye!! Forex does not mean dollar investments only!!

India is putting more and more of its forex into yen and euro, and a small portion into speculative currencies such as the ruble. Nobody except Japan puts so much into the US$ (and Japan is forced to do it because of security guarantees from USA).

The more forex a country has, the more influence it has on the countries whose currency it holds. Example: Japan can shake the US economy if it decides to sell US$. Hence the US is extra nice to Japan.

FOREX is ECONOMIC POWER!! Those who have it will be listened to by everyone. Those who don't have it are the chootiyas of the world.

Really appreciate your thoughts but again Applepie Trust is the key to all these projects ............. I personally think not a small scale move but an International level kick start is needed for our nation.....plzzz go through my posts up on thread you'll get my vision ....I want Goverment/ Civil society working togather for prosperity of Pakistan....Its not hard .........A healthy enviorment of honesty and Trust needs to be created ...then sky is the limit for our nation Alhumdulilah.

There was another post by ''Postman'' here its missing now (i wonder why) i quite liked his ideas but cuz of lack of time cudn't reply to it kher as i being posting b4 aswell Goverment can create a think tank for this project which could analyse all the possible fallouts and flawed chances and work on to eleminate the chances of them and then ''A Month of Focussing on Economy'' can start through out the world for Pakistani citizens Inwhich we'll be pouring the funds in the created Account...in a month all the reports all the media focus all the analyses can be helpful in ensuring transparency.

Yes I know the value of trust. But the question is, then, how do we develop trust amongst our brothers globally?

Ummm gents we're forgetting that 1/3 of our population lives on less then 1$ a day.

Yes, hence the possibility of a fund to help them.