PTI power polcy & challenges ‘Circular debt to be Rs50-60 billion by July 2020’

[ziaulislam]

 

[ziaulislam]

1. The circular debt is much bigger if portions of hydal profit added
2. Distribution is bigget issue
3. Issue of Baluchistan tube wells
4. Reforms
5. Problems of furnace oil is much bigger and was ignored in the past
6. Large structural reforms coming

 

[Death Professor]

Hard to believe from 1.4 trillion down to 50 or 60 billion. It's not going to be long, year will pass in no time, lets see. Hope for the best...

 

[Nilgiri]

6. Large structural reforms coming

Will these involve bureaucrats being fired and better ones hired on merit?

Fight against entrenched oligarchy should be the focus of this administration....numbers will take a hit short term regardless (because of inertia/bad policy from before)

 

[ziaulislam]

Hard to believe from 1.4 trillion down to 50 or 60 billion. It's not going to be long, year will pass in no time, lets see. Hope for the best...

They are talking about yearly addition of circular debt from 300b this year(& 450 last year) to around 50-60b which will be than covered in budget thus circular debt will arrest in 2020-21
Onwards they one parked in power holding will slowly be paid (off the books debt). The rest will be already oaid through govt loans

 

[Death Professor]

They are talking about yearly addition of circular debt from 300b this year(& 450 last year) to around 50-60b which will be than covered in budget thus circular debt will arrest in 2020-21
Onwards they one parked in power holding will slowly be paid (off the books debt). The rest will be already oaid through govt loans

ahh, was wondering about that figure. 300 down to 50 or 60, yeah I can see that happening.

 

[ziaulislam]

ahh, was wondering about that figure. 300 down to 50 or 60, yeah I can see that happening.

The issue is not 1400 billion ..issue is the 450b added each year...
Thats the challenge to arrest the circular debt!
Othwerise clearing this debt is easy simply take a loan and clear it or park it in power holding like PMLN did.
This year 50b will be saved while 100b will come from price increase.
This will be repeated in next 2 years..

This is prime differences between IMF PTI۔ imf wants these changes quickly

 

[Syed1.]

Hard to believe from 1.4 trillion down to 50 or 60 billion. It's not going to be long, year will pass in no time, lets see. Hope for the best...

Read again.... he says the new addition to circular debt will come down to 50-60billion a year rather than the 400billion a year... but please don't let facts or logic come in the way

 

[VCheng]

Will these involve bureaucrats being fired and better ones hired on merit?

Fight against entrenched oligarchy should be the focus of this administration....numbers will take a hit short term regardless (because of inertia/bad policy from before)

Some rounds of musical chairs will indeed be played by the bureaucracy, that is all.

 

[BATMAN]

Hire retired generals as ministers, at least waste would be controlled and productivity will increase.