This article was published in the Herald's November 2018 issue. To read more subscribe to the Herald in print.
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(37 comments)
Comments (37) Closed
AmunRa
Nov 13, 2018 08:24am
i pity Mr Khan, much of his energy is getting wasted in surviving the economic crisis.
Chronic habit of corruption is past admin are to blame.
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Haziq khan
Nov 13, 2018 09:48am
Clearly an imprudent and short -sighted approach by government
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Suraj
Nov 13, 2018 09:53am
No!
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Syed irfan ali
Nov 13, 2018 10:22am
Well-researched...
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Raging Phoenix
Nov 13, 2018 10:47am
Answer is no. Because to fix economy he needs to be in-charge.
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Rizwan
Nov 13, 2018 11:19am
No he can't can not fix Pakistan economy
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Last Word
Nov 13, 2018 11:31am
A meticulous analysis with a score of perfect ten.
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Abdul Hafeez Shahid
Nov 13, 2018 11:47am
With this economic team, it looks difficult....
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Zak
Nov 13, 2018 11:55am
If anyone can take us out of financial quandry and fix our economy, it is IK.
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SM
Nov 13, 2018 12:27pm
Well done, team! Suggest to increase the frequency of such pieces - how about making it a monthly article which would be more expansive?
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SAM
Nov 13, 2018 01:16pm
I think Khan lacks the ability to deliver on any front. his lack of vision is the biggest hurdle. PTI as a party is so confused that whenever they are asked a question on any topic that start that the previous Govts were corrupt.. leadership is completely missing, vision is not there at all, people who want to deliver are in other parties, and whatever is left is whats running the govt these days.
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pervaiz
Nov 13, 2018 01:56pm
Big NO NO
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Pulak
Nov 13, 2018 05:29pm
Negative
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Anonymous
Nov 13, 2018 05:48pm
Only free market can fix Pakistan economy and no politician has the brain or the guts to implement it.
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Shah mir
Nov 13, 2018 06:43pm
At least khan is trying. Trying hard with every knuckle.. It's not easy as After all who and why will anyone help pakistan for no benefits .so It's a hard battle. Hold on there keep trying there will b a beautiful dawn soon inshallah and Pakistan will b green and strong..
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Hyder
Nov 13, 2018 07:28pm
If IK stays for the next 10 years as PM, the economic and overall situation will improve alot.
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Ali
Nov 13, 2018 08:33pm
If only such reporting was done for the past 10 years we wouldn't be in the mess Imran needs to clean up, instead the media was extolling the virtues of the PPP and the PMLN not heeding the cries of those of us who knew how disastrous the short-sighted and ill planned concoctions of the PPP and PMLN from Laptop schemes to Metros and Danish schools would land us in this mess.
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sri
Nov 13, 2018 08:50pm
@Hyder IF economy improves IK will remain in power for 10 years. Unfortunately this is a chicken and egg problem.
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ahmed
Nov 13, 2018 08:52pm
No, he can't fix PK economy in such a short time because it took years to clean the treasury by past govts. PK is in a mess and IK needs time to fix while helping the poor.
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LAHORI KID
Nov 13, 2018 09:59pm
It can be accomplished, but with reasonable planning, and not overreaching statements. It took decades to get where we are today financially, its not going to take months to overcome it. It will be a long term process, Mr PM needs to be realistic in his speeches, in his approach, in his planning. Otherwise, all he's doing is digging his own grave(Sort o speak) He is held accountable for every promise he makes, every statement he delivers. People tend to have a short memory when it comes to politicians making promises, they will only focus on what the government didn't accomplish, overlooking at the goals achieved, especially when it comes to issues directly related to their daily lives.
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Pathanoo
Nov 13, 2018 10:52pm
From all we know about Imran Khan so far; the answer is an emphatic - NO. Imran Khan has neither the qualifications, dedication of purpose nor integrity to stay the course and take up unpalatable decisions that would be necessary to fix the Pakistani economy. He will just make grandiose, haughty pronouncements and will never follow up.
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MSSyed
Nov 14, 2018 02:31am
Big yes. IK is fixing the disorder of economy at present. This research report is dubious.
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R Sultan Khan
Nov 14, 2018 03:37am
The short answer to the question raised is No.
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sajed syed
Nov 14, 2018 05:31am
Imran Khan and his advisers have no clue about economy and world trade.
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Sara
Nov 14, 2018 10:41am
Before Imran can fix the economy - he needs to fix the mind set of its fundermentalist population.
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Zak
Nov 14, 2018 11:20am
@MSSyed agree.
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Sharif farooq
Nov 14, 2018 01:52pm
InshahAllah yes, because Imran khan has no agenda of making hidden properties outside Pakistan.
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common man
Nov 14, 2018 08:44pm
Really? A joke of the century.
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Noman
Nov 14, 2018 08:56pm
I can really help in fixing this.
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sam
Nov 14, 2018 09:16pm
No one single person can solve such massive problems regardless of how able he or she is anywhere in the world.
In the end, it is the morality of its people in any nation that can improve its own problems.
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Fazlullah sharief
Nov 14, 2018 10:11pm
Yes - the economy can be fixed. Fixing the economy should be understood in the context of the concepts of centralization and decentralization. Why does Pakistan want to be a bad imitation of the West - Europe and North America? Costa Rica has banned the use of fossil fuels, and applies a 20% import tax on vehicles. Denmark has no fossil fuel powered transportation in most cities. Centralized transportation such as public transportation (buses, trains, subways, etc) uses much less fuel than decentralized - individual transportation such as cars, bikes, etc - banning decentralized - individual transportation will save the economy much as it lowers fuel import costs. It will also minimize air and noise pollution, and bumper to bumper traffic in cities, etc. Decentralization has many applications also. Bon voyage!
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ijaz
Nov 14, 2018 11:30pm
There are some fundamental structural changes that are needed within the Pakistani economy to fix its problems. Whether it is 20bn, 25bn or 30bn dollars exports are far too low for a country of this size which leads to a huge balance of payment deficit. This is mitigated to some extent by remittances from overseas, hence the government's desire to see them go through banking channels. Even if this proportion was to increase, the overall level of remittances are likely to decrease in the medium term.
Fundamentally, the PM must reset the economy by: -
1. Making it much easier to invest for both services and manufacturing. This means liberalising the economy, privatisation and encouraging inward investment.
2. Shift resources from current high defence spending to education to enable a work force able to make things the world may want.
3. Increase the tax base. The current burden falls disproportionately on sales taxes and duties. The income tax net must be widened to include large farmers.
I am sure the PM knows all this, but to deliver it will require real resolve as vested interests will almost certainly work against him.
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Waseel Ahmad
Nov 15, 2018 10:29am
Yes
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Jitendra Singh
Nov 15, 2018 09:34pm
If from a cricketer, he can become PM of Pakistan .....IK can fix economy.Yes , he does not a team .... because he has not been allowed to . Right now,he is doing fire fighting for Pakistan....Once it is over...he will definitely build a better team ....a better response to negative environment....leading to a much better economy of Pakistan. If India and Bangladesh can improve ...why not Pakistan???
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Babar
Nov 17, 2018 10:40pm
I doubt with the cabinet he has structured.
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aem
Nov 20, 2018 12:44pm
@SAM strange analysis,people who can fix the problem are in other parties?in which party?
those parties are responsible for this crisis.
billions of dollars they have looted.
so sad
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aHMAD
Nov 20, 2018 12:53pm
@Jitendra Singh yes you are right,but our people want it overnight,it will take time to fix the issue and we know that he is dedicated and try his best to improve the economy but unfortunately and other parties who are responsible for the crises and our media personals trying their best to prove him fail
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