Dr. Kaiser Bengali (@kaiserbengali) 's Twitter Profile
Dr. Kaiser Bengali

@kaiserbengali

Economist

ID: 776333120740200449

calendar_today15-09-2016 08:13:34

735 Tweet

63,63K Followers

23 Following

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Earlier, CPEC - a game changer! Then, SIFC - agriculture export boom! All claimed to rain foreign investment $s! ... "final solution" to economic crisis! Results: zilch Now, Uraan Pakistan ... n ... minerals! And now ... 'brawn' export! When will this gimmicry end?

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Time to celebrate Australia Junior Squash Championship at Melbourne. Pakistan team - Mehwish Ali, Azan Ali Khan, Mahnoor Ali, Ahmed Ali Naz, Iszea Amani Ishak - win 4 Golds n one Silver. Congratulations Team!

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"Pakistan's minerals could help fix trade imbalance with US" - Finance Minister How? National resources can be exported (including to USA). But that will further widen our trade surplus with USA. Unless plans are under way to hand over our minerals to USA to balance its deficit.

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Pakistan achieved tactical victory on Day1. India is baiting us, but we should not fall into the trap. Further rounds may bring more such victories. But if our economy only tanks, it will be a strategic disaster. Time to step back n highlight the tactical victory as our revenge.

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Post-cease fire talks with India, We must insist on: 1. Independent international enquiry into Pahalgam tragedy 2. Establishment of permanent body, under UN auspices, to investigate any future terrorist action in either country 3. Restoration of status quo re Indus Water Treaty

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Pakistan has done well standing up to Indian aggression All praise to our armed forces, especially Air Force Govt also managed foreign policy very well We must push 4 international standing committee to investigate terrorist act in either country to forestall future aggression.

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Current Expenditure on 'Running of Civil Government' was Rs 753,000 million in last fiscal year. Committee for Right sizing of Federal Government is meeting since mid-2024. Imperative that the coming Budget allocates lower than last amount.

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Current Expenditure on 'Running of Civil Government' was Rs 753,000 million in last fiscal year. Committee for Right sizing of Federal Government is meeting since mid-2024. Imperative that the coming Budget allocates lower than last amount.

Dr. Kaiser Bengali (@kaiserbengali) 's Twitter Profile Photo

Current Expenditure on 'Running of Civil Government' was Rs 753,000 million in last fiscal year. Committee for Right sizing of Federal Government is meeting since mid-2024. Imperative that the coming Budget allocates lower than last amount.

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World Bank's "Effects of Taxes and Transfers on Inequality and Poverty" report says GST is the largest contributor to poverty. We have been saying that for 40 years!! (see SPDC Annual Reports 2001 & 2004).

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World Bank's "Effects of Taxes and Trasfers on Inequality and Poverty" report says BISP is the largest contributor to reducing inequality. BISP is 100% home grown, concept to designing to implementation. Zero foreign input.

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The real worth of the Rightsizing Committee will be tested by how many Grade 22 posts (Secretary, Director General, Chairman) are abolished. In my considered opinion, that number is about 50. Anything less would be mere show casing.

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Threat of enemy aggression is real; needs combat readiness - n resources. However, oppose any increase in Defence budget. All combat resource needs must be met by shifting non-combat allocations to combat needs.

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GB traders are protesting. News of other protests in GB (n AJK) keeps filtering out. Is Islamabad listening or is it waiting for the situation to turn explosive?

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Govt concedes faulty policies have led to drop in wheat crop acreage n output; requiring more imports with borrowed foreign exchange We had flagged this when govt unintelligently scrapped support price for wheat Need policy reversals to prioritize food security for the people

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Expectation from Federal Budget 2025-26 * Allocation for 'Running of Civil Government' should be less than Rs 753 billion * No increase in Defence allocation; combat expenditure needs be met frm shifting non-combat heads of expenditure

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This is a 'kill the economy'-'kill livelihoods' budget. Increase in defence allocation is unfortunate. Combat expenditure needs should have been met out of non-combat allocations. Relief measures will marginally benefit at most 20% of the population; bottom 40% will be crushed.

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Ministry of Maritime Affairs grand plans for Gwadar are just hot air. Gwadar lacks land connectivity to market centres which make the port uneconomical. Ferry service will transport people, but not goods. Key to Gwadar's development is rail connectivity to Helmund, Afghanistan.