LAHORE: The Punjab government on Wednesday formally increased the price of a 20 kilogram flour bag by Rs 75, fixing it at Rs 375 from the previous rate of Rs 300.

Similarly, the ex-mill rate has increased from Rs 290 to Rs 365 for 20 kilogram. Punjab Chief Minister Sardar Dost Muhammad Khan Khosa made the decision at a meeting with the Pakistan Flour Mills Association, Punjab branch, at the Chief Minister's Secretariat on Wednesday.

The meeting was attended by PFMA President Habib-ur-Rehman Leghari, Liaqat Ali Khan, Aasim Raza, Khalil Ahmad, Mujahid Khurshid, M Yousaf, Muzzammil Hussain and Hassan Shaheen. Member National Assembly Saud Majeed was also present.

However, a handout issued here stated that the Punjab Chief Minister, Sardar Dost Muhammad Khan Khosa, had announced reduction of Rs 5 in the support price of 20-kg atta bag. According to the decision, the retail price of 20-kg atta bag will now be Rs 375 and its ex-mill rate will be Rs 365.

He said the provision of relief to the common person was the top priority of the government and all-out measures would be taken for the purpose. The chief minister directed the authorities to ensure flour availability at the fixed price.

He said all the district governments and the Food Department should ensure implementation of the action plan evolved for the flour supply to consumers. He warned that the shortage of flour would not be tolerated as it was a basic necessity.

Khosa also directed the administrative machinery to play its role for maintaining the flour price at a reasonable level, adding strict action would be taken against hoarders and profiteers.

Pakistan Flour Mills Association Punjab President Habib-ur-Rehman Leghari assured the chief minister of cooperation for provision of flour to the people at the fixed rate.

Meanwhile, according to a spokesman of the millers, they have announced a voluntary reduction of Rs 5 in the flour prices. They said it was agreed that flour mills would be allowed to keep wheat for 72 hours with them and they could procure wheat from their respective districts, while in order to procure from outside their district they would seek permission from their DFCs. It was also decided that flour mills could hold wheat after the government met its procurement target.

Habib Leghari thanked the chief minister and appreciated the measures taken by Khosa for solution of problems being faced by the masses. He said the association would keep a good working relationship with the new government and the chief minister.

He also directed all the flour millers to ensure full and timely supply of flour in their respective areas.

http://www.thenews.com.pk/top_story_detail.asp?Id=14145

Welcome to the regime of our new democratic overlords...

pakistanis need to change their diets, fish and chips anyone?

i think we should change our diet as psyco bro said we should switch to rice and we have to start compaign two days a week is set for rice.

regards

When it was PML-Q government you accused them of hiding the food deliberately, now it is your government suddenly you want us all to stop eating roti....

well i think thats how it happened, the freakin' flour mills owners' were like , we won't sell until the price hit 375...gov was like ok make it 375 now and sell it and noooo storing. :D

We should take kabzah of the mills and imprison the millers. they are holding the nation hostage!

So when its your boys in the office .......... we should change our diet


Awsome ... hypocracy and lies reach a new height ...



Bravo Khawarkhan ... Braaaavo

On a very bad day...it is burning hot, there is no electricity & water, there is no food, parents are losing their children to diseases....and all the elites have to say is:

"Stop eating roti, switch to chawal and imported IMF funded water..."

On a very bad day someone is going to crack, and with the "jahil mullahs" as loud as ever in their shaded mosques...you're looking at your worst nightmare.

A bloody revolution for some warped interpretation of Islam.

instantexcess next we will hear Khawarbunga saying that increase in atta prices by Rs75 is another example of Shaukat Aziz fudging the figure and that in fact atta price have gone down by Rs75

it may well have... you never know, Musharraf might have forced the news to report it as otherwise.

Mark, currently I'm fearing exactly what you are saying, i don't want to be the sunni Iran.

Correction bro - it may well have... you never know, Gillani might have forced the news to report it as otherwise.

Musharraf has no say, no strength. Remember, he's going to get impeached, step down, his time has come, Kiyani didn't let him rig elections, his party lost to PPP (although he doesn't have a party, but never mind).
I'l stop here, if I carry on, PDF's bandwidth will diminish.

It gets worse, because the means to achieve the Sunni Iran would be un-Islamic - if there was any Islam, we wouldn't be a Sunni Iran...but alas get prepared for some idiot to declare us the Islamic Emirate of Pakistan, and have his own son literally prepared for succession. The only hope would be Islamic Republicans (i.e. power to the word of God) defeat the fanatical elements and place Pakistan on rigid progression in the name of Islam.

I thought someone dumb, bald looking promised us to lower the prices of Gasoline, food and on and on...

Well he must have promised himself some hair.

That he got the first thing he laid his hands on PML campaign money.
He took his share of elections funds, and said "oops, I'm ineligible to run" - "Oh well let's buy some hair".


He even promised the awaam impeachment, and IC to be restored, and .....

In his imagination he is prince charming. have you not noticed that priceless look when he is on Geo and struggling to find vocabulary in Urdu and often get paused like someone yanked his strings or pushed the nail in his back.

Oh dear what ever happened to those election “half price atta” slogans. Oh well guys give them some time maybe things will get better inshallah

Gasoline price up by ~4 rupees, nice going Nawaz "the lair" Shareef.

Again did anyone really expect anything different?

Khawar did you change your diet yet?

Everything going up.

Aoa

I know not many expect much from this government BUT sheeesh guys!

How long since the elections? Not too long you know... You need time to solve these problems -

Food, well, you can't just grow food in one day, the food crisis is from the previous government... Next year and the one after - if the problem of food shortages persists then I'd blame them but right now it's not their fault.

Electricity, well, you need a lot of time to build power stations and stuff -and all that. You can't just wish it there... Still, it's the previous government’s fault that they didn't do much about it - considering the fact that we had a lot of money...

Fuel, well, we all know that that's beyond the control of the Government... at the moment...

Economic deficit - if anyone says that it's the fault of the present government, he'd have a hard time convincing people about a lot of things...

If the present government subsidises food to a point where it is half the price then most would blame them of wasting money on subsidy... We already have some financial issues to deal with...

In short - we have a lot of problems, and most are not the fault of the present government.

Someone burps in the assembly and everyone starts to welcome each other to the 90s… lolz, This is ridiculous…

w/salaam

Sniper shots of the Barret .50 cal Sniper Rifle to the bellies of these haraamkhor mill owners...

and one for that bastard ganja who pushes to remove visa restrictions for TSI and ###### the nation with his old lies...

I m just counting the days of this coalition of plunderers... this coalition is gonna go nowhere and neither will Pakistan (from its woes)

Than please give us an estimate to which you think that these guys will be able to resolve the problems.
6 months? 1 year? 2 years? >5 years?

Because i am of the opinion that all these guys are third rate thieves and by the time they are done raping this country this time around, they won't even leave the bones as evidence.


But please give us a time line. by which time we can expect the 20 KG atta bag to be 1/2 pf Rs. 550, while PPPP stands @ Rs. 2600. Either PPPP doubling or atta getting 1/2 price or some combination of the two is what i wait for as promised by Nawaz.














Yes, thats what they told us to begin with. That the Musharaf led setup created the problems and now once elected they will solve them.

So this argument that because the problems are not their fault, they have no onus to fix them is fairly invalid.

A wise woman of PDF once said, Democracy is a __________________?
Just allow them to bloom like a flower, and you shall reap it's fruits;
Below is a totally controlled move, nothing to do with SA's tenure.
Let's see if Darr can Charge Sheet this!

http://dawn.com/2008/04/19/local2.htm

KARACHI: PTCL subscribers in for a rude shock

By Imran Ayub

KARACHI, April 18: Hundreds of thousands of Pakistan Telecommunication Company subscribers are likely to experience a 100 per cent rise in their phone bills from next month, as unbeknown to most the country's largest telephony service provider has reduced the duration of a unit call from five minutes to two minutes.

Although the Pakistan Telecommunication Authority, the telecoms regulator in the country, is aware of the new PTCL package, which came into effect on April 1, it does not seem to have become alarmed at the prospect of thousands of PTCL subscribers having their phone bills doubled.

The PTCL has revised its local call pulse duration from five minutes to two minutes for peak hours (8am to 9pm) and four minutes for off-peak hours (9pm to 8am) with effect from April 1, 2008,?says a PTA statement spelling out the PTCL package.While high-ups at the telecoms watchdog and the PTCL are tightlipped about the new call package and the need for such a downward revision of a unit call pulse, consumer bodies and telecoms experts take a dim view of the recent move.

Experts feel certain that the phone bills of most PTCL subscribers would double from next month.

揟he subscriber will now be paying Rs6 for a five-minute call, which used to cost him Rs2 before March 31, 2008,?said Haroon Rashid, adviser on telecoms to the International Chambers of Commerce.

He said the PTCL should at least alert its subscribers through an automatic beep, which can be generated in analogue and digital switches when a unit call has been made and the next one is about to start. He added that such a facility would help subscribers limit the duration of their calls.

揟his is a standard practice worldwide followed by major telephony service providers. But it is surprising that the PTCL has not even bothered to put in place such an alarm system for the consumers, most of whom are in the dark about the recent step,?said Mr Rashid.

Analysts suggest that the shrinking of the duration of a unit call is likely to earn the PTCL more than four billion rupees by the end of the financial year in June 2008.

The company reported a 24.7 per cent drop in net profits for the 2006-07 financial year, with growing competition leading to a decline in revenues from call traffic. The fresh move seems to address the concerns of the business planners in the PTCL.

揕ocal calls contribute more than 60 per cent towards the company抯 total revenue every year,?said Saad bin Ahmed, head of research at Capital One Equities.

揑t has not yet been calculated, but the PTCL move would definitely have a positive impact on the company抯 financial results by the end of June 2009.?br>
The PTCL has over five million subscribers.

He said all over the world value-added services have been becoming part of basic telephony offered by telecoms companies, which ultimately make local call charges a little cheaper than other facilities.

While the PTA has yet to initiate action over the new PTCL package, consumer bodies plan to the take up the issue at the highest level.

揑t is deceitful to take such a step all of a sudden without publicizing it,?said Sharfuddin Memon, chairman of the Consumer Rights Council (CRC).

The CRC was established under the Sindh Consumer Protection Ordinance, 2007.

揝uch a step should have been taken after obtaining feedback from consumers. This move would definitely adversely affect the common man, who already has several battles to fight amid the ever-rising inflation rate.?br>
Furthermore, he said, the PTCL step could also increase the cost of education, as a large number of students use the Internet through basic telephony service for academic purposes.

揑n such a situation, the PTA, being a regulator, should intervene. We also request PTCL costumers to come up with complaints if they have any and write to us at info@crc.org.pk so that we can take up the issue with the authorities concerned.?br>

What?! We don't have a shortage of mobile phones! Why are they doing this?

Aoa

Firstly, I wasn’t really saying that they would do anything or otherwise - I was just stating that it is too early to judge. We should not let our personal attachments blind us to reality and what is… Otherwise, how would one differentiate between a reasonable person and a ‘Jiala’?



As for the timeframe - well for food I’d say a year or two. You need to formulate policies that encourage farmers to plant wheat etc, and then maybe in a year or so the policies would show effect - if they are effective. (now if you wish to take political rhetoric literally, I can’t say much - but in general the food prices should come down sufficiently in year - at least to the previous and that would be sufficient in my opinion)

As for the electricity - apparently the Government itself has said that the problem would be solved permanently in 3 years.

But to be honest, their 5 year term is the timeline - after that is over; one would be in a good position to judge thier performance.



Ha, ok. I didn’t say that because the problems were created by the previous government, the new government does not need to address them. Obviously, they have to - that’s why they have been elected. What I was trying to say was that whenever something about high prices of atta or electricity came up - someone would start blaming the current government and I was saying that it is not reasonable to do that.

As for the Musharraf led setup created the problems and they would solve them - well would you have said the same about BB and NS when they created the problems that they created?

w/salaam

Aoa



ha, IMHO, I think it's exactly why they are doing it - too many mobile phones taking away their customers and business... So they want to maintain thier profits or at least reduce thier losses by increasing the price of thier service.

w/salaam

I disagree. We were promised instant change, we have none.

That was what promises they made.

Aoa



However; I think one should apply the test of reasonableness to these things. In my opinion it is analogous to saying that the poet should be held to his words when he says that he can get the stars for his beloved - or wait for a thousand years. If the politicians state that they would solve the problems when they come to power, one should assume that they meant in a reasonable timeframe - not literally the moment they come to power. That’s how rhetoric works - you exaggerate to put stress.

Obviously, that’s my opinion - and you are entitled to disagree with it.

w/salaam

DEAR BROTHER THIS WAS JUST answer or in response od psycoo bro no political intentions believe me.

regards

Instant :

in pakistan some siane log kehte hain k gaon main aik aurat k bete ki shadi hui after walima saas of girl strt to ask k betee mujhe larka chahie and she starts on daily bassis after few more days she asked her daughter sun le mujhe beta chahie tu suntee hai k nahi larki ne tang aa kar eik din bola k ami g time aye ga to pata chale ga abhi to shadi hui hai it takes 9 month to produce baby. so you are like saas you want baby next day of marriage.


smegster:

its you ignorance or what if previous govt would have raised price of pure wheat or wheat crops. in july and it was required to announce prices of wheat in or max august why they postponed it to new Govvt, if they had done this situation would have been different and one thing i cant understand that if you had surplus wheat why this short fall, or if you had produced so much crops which is short of our requirement than why premier clerk aka Shaukat Aziz exported this wheat???? I told you SA might be hero for you he is not for me and for majority of pakistani ppl. he was imposed on us by our master bush and mush, he did his work and enjoying now, it actually happens in movie that some one accomplish his work and at end or climax it is shown that hero or main character is found on beaches or enjoying his life after accomplishment of his target. in real life that just matches to SA.

regards

http://www.fao.org/docrep/010/ai465e/ai465e08.htm#22



http://www.fao.org/docrep/010/ai465e/ai465e04.htm



http://www.dailytimes.com.pk/default.asp?p...9-4-2008_pg1_11



http://www.bloomberg.com/apps/news?pid=206...amp;refer=india



http://www.dailytimes.com.pk/default.asp?p...5-4-2008_pg7_23


khawarkhan I see you have produced another RANT and RAVE without producing FACTS or FIGURES. Please read some books on basic economics or some newspaper and then may be able to workout why there is a shortage of wheat in Pakistan. (firstly look up the meaning of supply and demand and then research how they affect prices)

khawarkhan rather than the usual RANT (SA and Mush is following his master BUSH, BLAH BLAH BLAH) please enlighten all of us, which policies you would like the government to pursue and how these would have made the situation better.

(The reason I like Shaukat Aziz is because when he took over the economy it was virtually bankrupt now even though the government of LOOTER has taken over the economy is still expected to grow by 6%, when these LOOTER were last in power in the 1990's, average growth was just 4%, so Shaukat Aziz must have done something right)

So does North America and Europe, please help me derive logic from your statement which began with a HA.

From 5 minutes per unit down to 2 minutes per unit, that's a jump of 150% in costs (for the consumer).
They are not increasing the price, but reducing the service you got in 5 minutes, down to 2 minutes.
The bill, for a lower/mid-class sector, which PPP got their vote from, will now, besides petrol, gas, electricity, Wheat, will pay from Rs. 200 per month to Rs. 500 per month (local calls), and pro-rate the same for International calls.

How is that justified?
The Democrats made certain pledges, shouldn't the CJ take suo moto whatever this time around?

And the time-line you gave, is not acceptable either, 5 years, Pakistan will go bankrupt in this insane experiment you call democracy. SA showed his worth in the second year of his tenure, and the rest of his term speaks volumes.
Your sole rebuttal here can be that SA was the finance Minister prior to being the PM, and to that, I'll toast "Thank Goodness"!

Aoa



I don't follow. I was just saying that was, in my opinion, the reason why PTCL did it [or one of the reasons why].

PTCL is a government or a privately owned company - I thought it had been privatised or something...

Shaukat Aziz was an intellegent and a decent person - and I think he did his best OR at least didn't mean any harm (I don't have any evidence to the contrary) - but in the broader context - I think i'll let history judge him; cause I don't have the facts... I have nothing against him. lolz, why did you bring it up?



I am not a big fan of democracy or any other cy or ism or whatever - I just support whatever works; If it does the job, it's good enough for me.

I think my posts above gave that impression [and some other posts in some other threads] - however; the reason why I wrote them was not because I supported the system or this government but rather because I thought that it was something that needed to be pointed out - personal hatred or love has a tendency, a very strong one at that, to influence people's judgements - and I thought that in this particular case some people were being influenced more then what is reasonable - and not that I expect something from this government (I hope but that's different).

I hope that made sense.

w/salaam

Did someone say "If there's no bread, let them eat rice?????" If there's no roti why don't people eat paratha, halva, biryani, sheermaal and shahi tokray?

Didn't Marie Antoinette say "If the people don't have any bread let them eat cake???" Didn't she have her head cut off?

Are we going to witness Zardari and Gang being beheaded in public?

They will survive. hyenas survives because they can scavenge on other dead's carcasses

The way things are heading...imagine a hot & humid day in Karachi...no electricity; no water; no bread; a man lost his 2 year old girl to very much preventable disease...he files a plea to the government - they said "too bad"...then someone like khawarkhan gives HIS very smart suggestion....

Revolution.

LOL no he will blame it on agencies.

a smaller wheat crop is expected in Pakistan this year. Output is forecast at one million tonnes less than last year’s record, reflecting a reduced area due to sowing delays, less availability of irrigation water and high fertilizer prices. However, output could still be 5.3 percent higher than the five-year average. The price of wheat in Pakistan remains lower than in neighbouring countries, so that wheat (flour) is being smuggled out of the country domestic food prices are increasing as a result.

Pakistan cereal production ( million tonnes)
Wheat

2006 21.7
2007 22.5
estim. 2008 22.0

yes this is true picture that smaller wheat crop is expected in 2008, while SA announces that super bumper crop will be in 2007 while he knows that it will not be just to export wheat to get profit ? or it was his incompetency but in 2007 actual wheat prod was not even 22.


Pakistan (2007-06-01)

http://www.fao.org/giews/ENGLISH/countryupdates/0607e/02.asp

Harvesting of the 2007 winter wheat is complete in the main wheat-growing provinces. A record production of some 23 million tones is anticipated, as a result of increased use of fertilizers, following Government’s subsidies, and favourable weather. Given the increase in domestic wheat supplies expected, the country is expected to export some 1.5 million tonnes of wheat in 2007/08.

The planting of the paddy crop just started and 2007 paddy production is tentatively forecast at some 8.4 million tonnes. The 2007 coarse grains output, mostly maize, is forecast at some 3.5 million tonnes. Pakistan is one of world major rice exporters and the 2007 export is forecast at some 3 million tonnes.


http://www.fao.org/docrep/009/j9247e/j9247e06.htm

this shows natural climate was ok but very supportive also :

In Pakistan, prospects for the 2007 wheat crop have improved as the arrival of rain and snow in December increased irrigation reserves. Current indications suggest that the 2007 output may equal last year’s bumper crop.

these are actually figure taken by UN deptt from govt deptt which proofs that Govt set target at 23 or+ MT of wheat prod.

**Pakistan will need to import 500,000 tons to 1 million tons,'' said Farhan Rizvi, economist at JS Capital Markets Ltd. in Karachi. ``The country may just meet its domestic needs but if we account for smuggling, we will need to import.

now come to how much actually they achieved and how much they present it to public and institutions:

http://www.brecorder.com/index.php?id=5874...rm=&supDate

ISLAMABAD (July 06 2007): The Ministry of Food, Agriculture and Livestock (Minfal) is facing embarrassment due to unreliable wheat output statistics as some of the policy makers are contesting the production figures of 23.5 million tonnes.

Business Recorder on Thursday interviewed some government officials and private sector individuals who were unanimous that the actual wheat production was about 21 million tonnes but the government projected it at 23.5 million apparently to show GDP growth of 7.02 per cent in 2006-07."

Prime Minister Shaukat Aziz, in his speech to the National Economic Council (NEC) on May 31, said that production of wheat was 23.523 million tonnes, the highest ever in the country. "I am a witness to it that last year one million tonne wheat was added in the overall wheat production figures just on telephone call to improve the GDP growth figures," claimed one of the top official on condition of anonymity.

He was of the view that this year too the same technique was used to show that GDP growth has surpassed 7 percent, which was earlier projected at 6.5 percent......

again explain overstatement by Govt: i dont want to comment why???

this was in sept 2007....

http://www.dawn.com/2007/09/19/top10.htm

Informed government sources said the wheat production estimates were increased to 23.5 million tons in order to achieve a 7 per cent GDP (gross domestic product) growth target for the fiscal year ending June 30, 2007.

“If the difference of 1.3 million tons between the government’s original estimates and the TCP’s estimate is taken into account, the GDP growth rate for fiscal year 2006-07 would tumble down perhaps to 6.5 per cent or even less,” says a retired government official who served for years as a member of the National Accounts Committee.


Govt set target at 23 MT and annouced that they have achieved it and they just exported it with out 2nd thought than later thay come to know ohhhhh it was 21+MT not 23 MT it was typo mistake so now we are shot of 15 MT from our own consumption.

just to inform you about achievement of Your liked one Mr Aziz this is from his own collegues in interm Govt cabinate :

http://www.thenews.com.pk/top_story_detail.asp?Id=12541

ISLAMABAD: In a shocking development, the interim government headed by Muhammadmian Soomro has expressed no-confidence in the figures firmed up by the Shaukat Aziz government about various major economic indicators such as the GDP growth, major crops produce, inflation, poverty, and industrial data.

Quite disturbed with the flour crisis, energy crisis, and the economic data of FBS, particularly food inflation, employment and poverty figures, which mostly do not match with ground realities, Prime Minister Muhammadmian Soomro has constituted a high-powered committee to ascertain the accuracy, reliability and credibility of the data gathered by the Federal Bureau of Statistics (FBS).

"The economy about which the previous government used to make tall claims was exposed in the four-day wheel jam strike after the assassination of Ms Bhutto and the government has been compelled to readjust all economic indicators," a senior government official told The News.


Cereal stocks set to fall to 25-year low

Unchanged from the previous forecast in February, world cereal stocks by the close of the seasons ending in 2008 are expected to fall to 405 million tonnes, down 21 million tonnes, or 5 percent, from their already reduced level at the start of the season and the smallest in 25 years. At this level, the ratio of world cereal stocks to utilization falls to 18.8 percent, down 6 percent from the previous low in 2006/07.

World wheat stocks by the close of seasons in 2008 are forecast at 144 million tonnes, down 9 percent from their already reduced opening level. The sharp decline is even more notable in major exporting countries, with their combined wheat reserves falling by as much as 10 million tonnes. Strong demand in domestic and world markets has contributed to the depletion of stocks in major exporting countries where production in 2007 suffered from exceptionally poor yields. Even in the United States, where wheat output increased in 2007, stocks are expected to fall to 8 million tonnes, 4 million tonnes less than the already reduced level last season. Larger exports are mostly responsible for this reduction in stock in the United States. Inventories in the EU are forecast to drop to 9.5 million tonnes, more than 3 million tonnes below the previous season’s low, a reduction that is mainly caused by a sharp production shortfall in 2007.
1- we are not among larger exporters for atleast wheat coz of un predictable production track and due to stagnant production capacity of wheat during last 7 years.
2- I know i think i have little idea about demand and supply but Shaukat Aziz never had otherwise he had not exported wheat by showing manipulated figures.

i told you he was not economist he was banker these two are different things. grow up.

khawarkhan rather than the usual RANT (SA and Mush is following his master BUSH, BLAH BLAH BLAH) please enlighten all of us, which policies you would like the government to pursue and how these would have made the situation better.

See atta crises are due to poor management and loose control of law enforcement agencies: wheat to india is impossible to smuggle, and smuggling to Afghanistan is low but atta smuggling to Afghanistan is high coz they dont have mills to produce atta from wheat. where as china nearly impossible without approval of authorities Iran yes possible but again major threat for smuggling is to Afghanistan whch i thing again is not big issue if we are willing to control.

another big issue is to set prices support prices as we have lowest price in region than there are ample chances of hoardings for smugglings and by enforcing strict law we can reduce artificial shortage.

How we can improve economy inshallah i can give you some valued points also i think today not possible tommorow inshallah

regards

Pure capitalism dictates that if necessary, people should die from lack of food, but nothing should be done against a trader who wants to sell food at sky high prices. Communism or socialism arent the answer either, but cases such as these should show that pure capitalism has no moral right to exist. After the 2005 earthquake, we heard capitalism supporters supporting traders who increased price of water and other basic necessities. For them everything is just supply and demand..........

He's an economist, a financial whizz, not an agriculturist, how can he ever predict bumper crops, that too one year after his tenure and the harvesting done by people not in the cabinet, have you lost your marbles?

Show me the link, proof, back your statement up, mind-you, you did say SA said that, show us all.

This is what the Sindh and Punjab government appraised him of, in a "High'Level" meeting.
SA didn't say anything himself, let alone predict, he's not an agriculturist.

QUOTE

Officials in Sindh government said that a high level meeting with Prime Minister Shaukat Aziz in chair recently took stock of the wheat situation. Sindh has been asked to procure 0.7 million tons but it should procure 0.3 million tons more to maintain a buffer stock of one million tons. The PASSCO has been given the job to purchase 1.3 million tons and Punjab government will procure 2.5-3 million tons.

smegstr brother as i promissed u about economics so here it is:

What is GDP?

brother GDP is the sum of value added. right

What is Value added ?

Value added comes from four sources — all the wages that are earned by employees and workers, all the rent that is earned by property owners, all the interest that is earned by owners of capital and all the profit that is earned by businessmen. am i right just correct me its been long away from book.
GDP will go up if only wages go up or if only profits go up. or if only rents go up.

Let us now examine GDP:

it grew at 8.4%, but banking sector GDP grew at 30%. it is like if iam in this group is 35 years old you are 20 years old, the average age will be well above 27. You remove me and your average age drops to 20. So, one sector growing at 30% pulled up the average GDP growth rate. But that was not the only sector that pulled up the average GDP growth rate. Because of consumer banking you could also buy cars, suddenly everybody was buying cars. we can see the traffic on the road because of that. The automobile industry output also went up. The automobile industry for 3 years running was growing at 40-45% per annum.

Now GDP is looking very good, but it’s because consumer financing allows banks to make exorbitant profits. Banks are giving money for cars, so automobile firms are making exorbitant profits. But what will happen if you remove consumer financing? Nobody will buy cars or sme ppl will buywho can efford that is very minimum, so the automobile growth rate drops. Banks are not making the same profit, so the banking sector growth rate drops; in turn the GDP growth rate drops. So they created a bubble, which was standing on banking credit. so it means SA was running all econmy on lease???? You remove bank credit and everything else collapses. Then the other aspect of this is that by bank credit you only increase the consumption expenditure. Bank credit was not going into investment, bank credit was not going into setting up factories, and bank credit was not going into promoting exports. thats why we saw no investment in our infrastructure of our industrial sector.

SMEGSTR BRO

That is why if you look at another few ratios that we have, one is a tax GDP ratio that out of your total national income what is the proportion of tax collected? The total tax collection in Pakistan is equal to about 10% of our GDP. That has remained constant. So if the economy is growing so fast why aren’t taxes increasing? Our export GDP ratio is constant, but I think in fact it has slightly declined. If the economy is doing so well why aren’t we exporting more? — Because the whole stress of the growth was consumption, rather than investment or expansion of the economic infrastructure, and the failure to think of infrastructure.

Shaukat Aziz was every week saying so many refrigerators ac, deep fridge,plasmas are selling which shows our economy. He completely forgot that fridges, air conditioners and deep freezers work on electricity. if i say most of these things were on lease i cant be wrong. right.

Since 1999 till mid-2007, the government did not put in investment to produce even one mw of power. When this huge crisis blew up they started searching all over the world for thermal power plants. And when the government in the [b][u]1990s, the People’s Party government, made agreements with foreign power producers to provide power at 6 cents per unit there was a hue and cry. But now they have[b] made agreements for 11 cents a unit[/b]. [/u][[/b]b] i was also among those who prepared presentation of that deal but it was not bad at all and it proved now. But we have no choice right now, we have a power shortage and just we have to pay whatever price they’re asking for otherwise there will be no power.

All these statistics that you see are hollow and are manuipulated , they don’t mean anything. That is why the economic miracle of the last 6 or 7years is beginning to evaporate before us. Everybody now talks about the economic crisis, even those industrialists and businessmen who were very DH supporters of General Musharraf and Shaukat Aziz like you. When you create something that has no basis, it cannot last; we did not create economic assets and assets created in the 1960s and 1970s are deteriorating.

I hope its clear for you now, some part of above explanation is from our guest professor lecture at my institute.

regards

And in your entire links or posts, where did Shaukat Aziz said what you're claiming; Next Year will be (insert Bull-crap)...

Shaukat Aziz said that he's a witness to that year (the then current year), he never made any claims that the following year will be what you claim he said.

Nothing more, or nothing even close to what your 5 paragraph summarization to one 3 line statement actually depicts.

To kwackharn

Why lie in saying no infustructure was not built at all?

Saying growth all to do with consumer finance read about Mirani dam and raising of Mangla dam. Only problem is the ineffinecy of Pakistani engineering and construction firms because they take alot of time to make. Just citing them two examples shows your mistaken.

Khawarbunga why do you need to lie so much, no wonder no one takes you serious, every time you write you seem to make a fool of yourself.

Rather than relying on RANT and RAVES you need FACT and FIGURES


http://202.83.167.93/pcportal/psdp2007-08.htm

See Water & Power Division

WATER & POWER DIVISION (POWER SECTOR)
Expenditure upto June 2007 (Million Rupees)

1 Bhasha Diamer Dam Project Near Chilas District
Diamer/Kohistan (NWFP/ N.
771.300

2 Golan Gol Hydro Power Project,
Chitral, NWFP
632.500

3 Khan-Khawar Hydro Power
Project, Shangla, Besham,
NWFP (Abu Dhabi Fund)
3304.500

4 Allai Khawar Hydro Power
Project, Batagram, Besham,
NWFP (Abu Dhabi Fund)
3058.400

5 Dubir Khawar Hydro Power
Project, Kohistan, NWFP (Abu
3919.400

6 Jinnah Hydro Power Project,
Mianwali, Punjab
1582.000

7 Neelum Jhelum Hydropower
Project, AJK
5391.000

8 Bunji Hydro Power Project
193.690

9 Dasu Hydro Power Project,
Kohistan NWFP
400.700

10 Lawi Hydro Power Project
Chitral, NWFP
54.800

All i have seen from this government is a blame game and nothing else for every problem they are blaming the previous government they have been there for long enough and they cant control a single thing they are more bothered about there politics and blaming the old government than solving the problems i saw the interview of some ppp minister on geo or ary that they would solve the electricity problem in 3 years all i can see are empty promises which would be broken later.


SPEEDY
enjoy

we were discussing atta i think here if you can copy paste some details of above mentiond golden figures u will be very much appreciated,coz what i know is that these are just figure and allocation on ground nothing else physically, and raising of dam just started now last month i do believe qleague had taken step of raising but why delayed till last moment.

iam here not to get applause and what do you think iam here for applause or appreciation that smegster bhaia will give me applause you are mistaken the knowledge you have got i have seen in above posts other than twisting the topic you cant do any thing or copy paste.

If you can prove me wrong in atta figures manipulation you are most welcome.

by adding different name is really not adding to the quality of your post but it tells us thae quality of person only.

regards

dear brother

tell me in which post i said that he predict about future for which they have not even cultivated yet it is not possible for him to perdict or even for any one but he said we have got super bumper growth this year and it was not this is what i mean. if some one can prove me wrong most welcome.

regards