HOW TO SAVE PAKISTAN IN JUST 30 DAYS
A Method to Address Economic Recession,
Remove Poverty, Terrorism, Improve Law and Order, Reduce Drug Abuse,
Inflation And Taxes in an Interest Free Based Economy.
By: Dr. Niaz Ahmed Khan,
I have developed a new financial instrument which will be much more
valuable than the bonds or the treasury bills government sells in
the open market to raise much needed funds to run the country. These
are all interest based instruments and can only be used by institutions.
The instrument I am proposing is without interest and will be used
by everybody to purchase goods and services in the government and
private sector resulting in up to 66% discounts. This is why these
will be massively bought up front in large amounts in the shortest
period of time of one month to run the country for at least a year
and much more by the end of the year.
The world is facing many challenges with no solution in sight.
The main cause of all these ills is the POVERTY. Float bonds which
can be used by everybody rich or poor and are not debt to the state
so there is no question of interest.
How: Take the example of PAKISTAN which is going through a great
PAKISTAN borrows money by selling treasury bills and the interest
based bonds. The suggestion is to sell these bonds on non interest
1. Buy all goods and services under Government
control with these bonds and these bonds will replace Rupees with
2. 10 million duty waved off.
3. RS.1 Billion prize draw from the bonds held
by the public every day.
EXAMPLE: ONE Rupee will buy 6 bonds on the condition
that the amount should be RS.100000 or multiple of it paid to the
government and the government will issue 600000 bonds. Fewer amounts
will get the rate of five, four and three. This MASSIVE discount
period is only for first month at the start of the implementation
of this system. In the second month the rate will be 5 and in the
third month the rate will be 4 but the rate of 3 will apply to subsequent
months for the same amount.
THESE BONDS WILL BE USED?
1. All state controlled services and commodities.
EXAMPLE: A bill of (any service or Commodity) RS.100
can be paid with 200 bonds and there will be no exception to this
rule. A NET DISCOUNT OF 66%.
A simple formula will apply: Total bill in Rupees x2 is the number
of bonds surrendered. Price in bonds will not be less than the cost
price but without the direct indirect taxes and the duties which
are added to the present cost to make it very expensive.
It will attract at least 20 million people to take this opportunity
as early as possible. And if one is sure of making 100% profit within
30 days there will be many more that will help themselves.
Government gets at least Rs. 2.5 trillion Within a very short period
of time of few days and much more in the rest of the year. THIS
IS NOT A DEBT AS STATE HAS SOLD BONDS (Commodity) WHICH IS AN ALTERNATE
CURRENCY AND DO NOT CARRY ANY INTEREST.
One immediately thinks who will bear the loss and
this loss to the state will not be more than total year budget which
it collects in one year with all the taxes and the duties but the
bond price is simply a cost price without any kind of tax or duty.
So there is a net gain of approximately 2.5 trillion Rupees within
a short period of time. First floodgate of money has been opened.
WILL SELL THESE BONDS?
State will float tenders to select a private agency (PMF) PAKISTAN
MONITORY FUND JUST A NAME GIVEN TO THIS ORGANIZATION with the lowest
bid WHERE AS second, third and fourth bidders will be auditors of
PMF. This agency will employ at least 10 million unemployed on 10%
commission basis and without any salary. These agents will have
to pay Rs. 5000 as an annual fee to PMF in order to build the infrastructure
for the sale of bonds. Agents’ quota will be Rs. 300,000 per
month or they will be allowed to sell their whole year quota in
one day or in a month. This will only materialize if the agent shares
his commission with the buyer. Greater the share of commission quicker
the sale. The investor or a buyer will sell these bonds at the same
rate of 6 per Rupees and his bonds will sell like hot cakes every
day as there is no condition of the amount of money to purchase
the bonds. In this way even the poorest person will get the same
or near the same rate as the investor earns a profit from the commission
which he takes from the agent and makes almost 100% profit by only
investing Rs. 100,000. He will sell these bonds repeatedly and will
keep almost 6% profit every day till the demand lasts.
NOW THINK HOW MUCH FUNDS STATE HAS
ACCUMULATED Much more than few years budget in matter of only one
GATES OF MONEY AND TURNING POINT
This is the second flood gate of money and there are still four
more floodgates of money yet to open. So at the end of 30 days or
even much earlier the government declares tax free country forever.
With the removal of all kinds of direct and indirect taxes and duties
the price of oil electricity telephone and of all other services
under government control is now almost 66% less than before as these
are being purchased by bonds (which is the cost price) and not with
Rupees. The production cost of everything has come down tremendously.
STATE ALSO OFFERS 10 MILLION DUTY
FREE IF ONE DEPOSITS RS.100,000 NON REFUNDABLE. THIS BRINGS OUT
ALL THE BLACK AND SPARE MONEY WHICH STATE WAS NOT ABLE TO GET BEFORE
AND AS THERE IS NO TAX AND HENCE NO TAX EVASION SO ALL THE MONEY
IS WHITE AS IT IS BEING GIVEN TO GOVERNMENT .
This is the third flood gate of money and the amount will much bigger
than the first two flood gates
This was the third floodgate of money which is even bigger than
the first one and the exact amount is impossible to asses unless
the system is implemented.
In order to provide cheap bonds throughout the year government offers
three types of registration fees.
1. Pay Rs. 100,000 in the start of the year and
get the rate of 6 for the rest of the year and this will suit the
professional's and salaried person'
2. Pay RS.10,000 yearly and get 20,000 new bonds
at the rate 6 every month but one has to collect 10,000 bonds (equal
to fee) to get this cheap rate throughout the year. Higher the registration
fee more the entitlement of cheap bonds. This registration will
suit any small time business who will sell his product cheaper provided
15% bonds are also paid with rest of cash money by the customer
SEE THE NEXT REGISTRATION FOR FURTHER EXPLANATION OF 15%BONDS. This
will apply to all goods in private sector and does not apply to
the government sector. This is a big incentive to accept bonds in
the private sector as the business accepting more bonds will have
more business than the trader not accepting the bonds so the bonds
market will multiply and there will be a constant need for bonds
in the open market.
3. Third type of registration will be of Rs. 100,000
which will entitle the business to sell its products through PMF.
The value of merchandise sold through this source will help the
business to get the 6 bond per Rupees rate or opt for the duty free
option equal the amount sold. But with one condition of surrendering
15% bonds at each transaction
MERCHANDISED SOLD THROUGH PMF RS.1000. BONDS SURRENDERED 150 (15
%) ARE DEPOSITED IN STATE ACCOUNT TO BE SOLD AGAIN SO THE CYCLE
OF BONDS IS ESTABLISHED .A receipt of bonds surrendered is obtained
from PMF for evidence of sale of merchandise and this receipt will
entitle the traders to get cheap bonds or the duty free option throughout
the year BUT THE SAME RECEIPT CAN BE USED ONCE ONLY.
IS THE BENEFIT TO BUSINESS?
1. CHEAP BONDS THROUGH OUT THE YEAR
2. DUTY FREE OPTION WILL HELP INDUSTRY.
3. The quota which can be sold is ten times the
amount of Registration but not more unless the registration fee
is increased. Now all the business will opt for this registration
in order to reduce the cost of production. These 15% bonds the business
will get back through a chain of dealers sub dealers and ultimately
the customer will pay this bond portion as he will get the end product
very cheap because of tremendous cut in the cost of production by
the factors already mentioned. This will replace the GST or the
VAT or the two price system seen all over PAKISTAN. Almost everybody
will sell their product through this channel as it will be much
costlier to sell the product outside this system as cheap bonds
are not available otherwise.
According to rough estimate at least RS.10 trillion transactions
are carried out every day in Pakistan and at each transaction 15%
bonds are being surrendered, the price of 15 bonds is Rs. 2.5. So
2.5% of 10 trillion will be Rs. 250 billion which goes into government
account without any compulsion every day (UNBELIEVABLE). This is
the Fourth floodgate of money AND IS CALLED THE GOLD MINE. Now the
state is sitting in the driving seat and all the money in banks
of private sector has been transferred into government account and
banks are no more the lenders but are borrower from the state which
is the only source left and will invest in business with sound feasibility
study checked by the state bank. The state will offer to invest
80% and the bank will bring investor who is willing to pool rest
20%. This 20% will be deposited in the bank and the bank will oversee
the running the business, running expenses will be given to the
investor from its share of 20%. There will be no collateral and
share of the profit and loss will be shared in the ratio of 60 and
40. The bank will share the 60% with the investor and 40% will go
to state funds and the state will provide everything under its control
below cost which will farther reduce the cost of production and
at the same time will MARKEDLY improve the profit margins OF ALL
THE BUSINESSES. No major business can refuse this offer. Any bank
showing repeated loss will go out of business as there will be no
more funds available from the government source and all other interest
based sources are not available any more. Interest based banking
is gone forever or it may be at a very small scale and the state
will not offer loans on interest as these are not any more profitable
and risk free as there is no collateral.
The amount of profit government will
share will be unimaginable and this is the 5th flood gate opened.
NOT INVEST ON PROFIT AND LOSS SHARING BASIS
Last but not the least government will acquire all the land on lease
without any force and will provide all the needs to the formers THROUGH
CORPORATE FARMING SECTOR HIRED BY THE STATE below cost and will become
the shareholder according to the mutual contract with the land owner
this is the 6th flood gate of money opened.
|DRUG ABUSE ELIMINATED
When all the possible land is being cultivated by best agriculture
engineers there will be much better yield and much more profit to
land owner then who will not join hands with the government.
THE OBVIOUS BENEFIT WILL BE NO MORE POPPY CULTIVATION IN COUNTRIES
WHICH ARE POOR AND LARGELY DEPEND ON THE POPPY CROP. NOW THERE IS
NO MORE POPPY AND NO MORE DRUGS.
All the above claims have been proved to be true except the terrorism.
TERRORISM WILL BE ELIMINATED?
We have to look at root cause and it is POVERTY and NOT the religion
which is being falsely blamed. The going rate for a suicide bomber
is US $1,000 in Pakistan, Iraq and in Afghanistan. Can one believe
that anyone having at least two meals a day will blow himself? Never
the areas of the countries where these attacks are happening are
extremely poor and the extremist elements who themselves are or
were poor exploit these very poor people to carry out attacks for
money to save their families dying from hunger and this is an open
secret. Extreme elements has large force that is recruited from
poor areas as there in no job anywhere and they provide these raw
recruits with only food and shelter and at same time brainwash them
and train some of them to carry out these attacks by giving them
enough money in their lives to support their dependents. You might
mention few isolated cases of being well to do and still carried
out these attacks. Once the poverty is removed in these areas by
implementing this system these attacks will come to an end immediately.
This system is not only meant for PAKISTAN but will be easily applicable
to every country.
(1) Fifty lakh (5 million)
poor and unemployed will get a job of coupon selling agent on 10%
commission basis but no salary.
will get at least 3 trillion in just 24 hours and much more than
ten trillion by the end of the month and at least 50 times more
than annual budget by the end of the year.
kinds of tax removed.
of living and cost of production reduced 50 %.
revolution with millions of Jobs created in all categories.
of true interest free banking
South and North Waziristan will compete with Lahore and Karachi
in every field within a year.
of terrorism within 3 months.
least 200 billion euro remitted in less than 30 days when duty free
option on 10 million Rs. is waved of if 1000 Euro is remitted (non
refundable) within the first 30 days of implementing the system.
me wrong and win 10 million dollars.