Terrorist Islamic Republic of Pakistan (TSP): June 30, 2011

abhijitm · Post by **abhijitm** » 22 Jul 2011 23:46

Cnn is discussing earlier evidence of locals getting trained in somalia and pakistan. What more interesting is repeated appearance of these two most notorious countries together. There IS sure a link between somalian pirates and paki navy

jagga · Post by **jagga** » 22 Jul 2011 23:52

gakakkad wrote:What did Norway ever do to the Pakis?

Here is the answer, jo lawhore mein gandu woh norway mein bhi gandu
Expatriates in Europe to return if poor governance taken care of

Acting President of Pakistan Norway Association (PANA), Amir Iftikhar Warraich, has said that Pakistani expatriates living in Europe will be more than willing to return to their homeland if ‘push factors’ like loadshedding, law and order issues and poor governance are taken care of.

He said that a non-practicing Muslim who abandoned all manifestations of Islam from his public and private life finds all the doors open in social and economic life in the First World but anyone who values his religion in any degree is most likely to be blamed of disturbing national homogeneity while living in Europe. He recalled blasphemous caricatures that sparked protests around the world in the last few years. He said that the cartoons were recently repeated by some publishers what he believed in a bid to let Muslims know that they will have to forsake their sensitivities. He said that current European mindset wants assimilation of Muslims into their societies and were not content with mere integration.

vishnua · Post by **vishnua** » 23 Jul 2011 00:14

SSridhar wrote:All in all, PA's bravado of standing up to America cannot last many days. But, they have to do all these because of relentless high-pressure from the Islamists and the general public.

Exactly....I think the PA's top brass will come to terms real fast (couple to few months) after finding out that 1 friend (USA) is lot valuable than other 2 1/2 friends.

But how will they manage from Islamists is the question? May be this is where the breaking point will be reached which could result in war or another 26/11 or may be more...

Either way India better be ready in the short term i..e 1 to 2 years..

vishnua · Post by **vishnua** » 23 Jul 2011 00:23

partha wrote:
RamaY wrote:
Wow! Sashi Tharoor is making interesting statements nowadays.
It's good that more and more people are seeing the true face of Paki lib-e-rals. Also, remember Tharoor getting pissed off at the Pakiness of Mohd Hanif at Kovalam literary festival.

If Shahi bhai continues on this path, I would not hesitate to have him spokeperson/PR person in the international fora and also promote him on foreign TV channels..especially in US...

He is getting there.. Will have to see how long it will last..

Charlie · Post by **Charlie** » 23 Jul 2011 00:52

partha wrote:

If Shahi bhai continues on this path, I would not hesitate to have him spokeperson/PR person in the international fora and also promote him on foreign TV channels..especially in US...

He is getting there.. Will have to see how long it will last..

If you havent observed, he has already been sidelined for having his own views separate from CONGIs... now he is reduced to tweeting... the fact that an idiot like SM Krishna is at the helm at MEA should tell us smthng.

BijuShet · Post by **BijuShet** » 23 Jul 2011 00:54

Xpost from TSP arms thread:
PNS Alamgir formally inducted into navy

our correspondent
Thursday, July 21, 2011
Karachi

The small tanker-cum-utility-ships (STUS) — Madadgar and Rasadgar — have been commissioned and the PNS Alamgir, a frigate given by the USA, has been formally inducted in the Pakistan Navy Fleet during a ceremony held at the Pakistan Navy Dockyard.

Chief of Naval Staff Admiral Noman Bashir was the chief guest at the occasion.

The ceremony was attended by officials from Ministry of Defence, flag officers from Pakistan Navy, senior management of the Karachi Shipyard and Engineering Works (KS&EW) as well as other guests.

According to a statement of the Pakistan Navy, Rasadgar and Masadgar, the first ships of their class, were indigenously constructed in Pakistan by the Karachi Shipyard & Engineering Works.

These state of the art ships are designed and equipped for multi facet roles with robust and reliable modern machinery as well as equipment.

PNS Alamagir (formerly USS McInereney) is an Oliver Hazard Perry (OHP) Class guided-missile Frigate. The ship was commissioned to Pakistan Navy on 31 August, 2010 after which she underwent major refurbishment and essential repairs in the US.

The OHP Frigates are being used by a number of navies. PNS Alamgir will augment Maritime Security Operations capacity in the Arabian Sea in addition to supporting Pakistan Navy Surface Fleet.

On the occasion, Chief of the Naval Staff Admiral Noman Bashir, while addressing the audience, congratulated all those who were involved in the STUS Project and on the induction of Alamgir.

He expressed satisfaction on the induction of these crafts in the Pakistan Navy Fleet. Chief of the naval staff said that the commissioning of these tankers cum utility vessels is a manifestation of PN’s commitment and resolve towards self reliance and indigenisation.

Commander Pakistan Fleet Vice Admiral Abbas Raza reiterated that the PN Fleet is committed to defend Pakistan’s sea frontiers and will continue its contribution towards peace and stability in the region.

He said the STUS Project, undertaken by KS&EW, will provide PN with greater flexibility and endurance for a wide range of support operations to PN fleet and coastal stations.

The indigenous projects that are well underway range from platform design and construction to development of sensors, command and control systems, simulators and computer based training modules, said the PN statement.

and News from earlier this year:
Frigate, Pier Damaged At Drydock

POSTED: Friday, January 21, 2011
UPDATED: 2:46 pm EST January 21, 2011

The PNS Alamgir and the drydock it was in were damaged while testing the ship's engines Friday morning.
JACKSONVILLE, Fla. -- A Navy guided missile frigate that was sold to the Pakistani navy earlier this year was damaged on Friday morning, along with the pier of a Northside shipyard where the ship is undergoing repairs.

The USS McInerny was transferred in August and renamed the PNS Alamgir. It was at BAE Drydock -- formerly Atlantic Drydock -- in the 8500 block of Heckscher Drive for renovations before it was to steam for Pakistan next week.

The U.S. Coast Guard said the ship's engines were being tested when it lurched forward, slamming into the pier causing heavy damage to the pier and the bow of the ship.

There was no oil or fuel spill, but the hull was crumpled.

Fidel Guevara · Post by **Fidel Guevara** » 23 Jul 2011 01:38

Hypothetical scenario: Xinjiang separatists get more active, do a couple of high-profile blasts/assassinations and are also proven to have Pak training links. No official support, Allah forbid, but support only from "non-state actors". This is actually a likely scenario in the not-too-distant future.

What will China's response be to this? A couple of blasts can be absorbed by the tarrel than mountaineers, but what if this becomes a regular routine...blast somewhere in Xinjiang every Friday, and a regular stream of exposes about their links to Pak. You can be sure the see eye eh will do all it can to find the connection and publicize it.

Would China take the punches for greater strategic objectives, or are they likely to (best case) close the border, stop openly supporting Pakistan on international fora, and perhaps even temporarily stop mil assistance? I think they would probably take the punches, but turn the screws on Pak through many other means.

In such a scenario, the real benefit will be psychological - as of now the biggest morale booster for the RAPEs is that they are associated with the "next superpower". If this crutch is also taken away, they will truly realize the cr@p that they are in.

Prem · Post by **Prem** » 23 Jul 2011 02:00

Fidel Guevara wrote:Hypothetical scenario: Xinjiang separatists get more active, do a couple of high-profile blasts/assassinations and are also proven to have Pak training links. No official support, Allah forbid, but support only from "non-state actors". This is actually a likely scenario in the not-too-distant future.

There is rumor out there that Talibans have promised to suppy few dirty U bombs to opressed Uighers . Gawd forbid if they let one go in Shenzen or Shanghai. Chinese will be able to trace the finger prints of such bum very easily.

Prem · Post by **Prem** » 23 Jul 2011 03:40

The article was published in "Nazaria-e-Pakistan," a monthly magazine published by the Nazaria-e-Pakistan Trust, a research institute established under legislation passed by the government of Pakistan's Punjab province to propagate the ideology of Pakistan. The Trust is headed by Majeed Nizami, a veteran Pakistani journalist and editor-in-chief of the Urdu-language daily Roznama Nawa-i-Waqt, its English-language sister publication The Nation, and the Waqt television channel.
( How i miss learning Uurdoo to read such nuggets of wisdom )
http://www.memri.org/report/en/0/0/0/0/0/0/5486.htm

The Jewish Spirit is Islam's Enemy and a Jihad Killer"
"The Jews are rulers of the world who control international institutions and allied countries. Though the Jewish population is few in number, their achievements are great. The Jewish spirit is Islam's enemy and a jihad killer. To rule the world, Jews first captured Europe and afterwards established their control over the United States."The Jews First Occupied the European and American Economy – And Then Tamed the Political and Military Leaders of the West... With Their Money Power... Be It Dick Cheney... or Miliband of Britain – Everyone Is a Jew

"

ranjbe · Post by **ranjbe** » 23 Jul 2011 05:23

Prem wrote:The article was published in "Nazaria-e-Pakistan," a monthly magazine published by the Nazaria-e-Pakistan Trust, a research institute established under legislation passed by the government of Pakistan's Punjab province to propagate the ideology of Pakistan. The Trust is headed by Majeed Nizami, a veteran Pakistani journalist and editor-in-chief of the Urdu-language daily Roznama Nawa-i-Waqt, its English-language sister publication The Nation, and the Waqt television channel.
( How i miss learning Uurdoo to read such nuggets of wisdom )
http://www.memri.org/report/en/0/0/0/0/0/0/5486.htm
The Jewish Spirit is Islam's Enemy and a Jihad Killer"
"The Jews are rulers of the world who control international institutions and allied countries. Though the Jewish population is few in number, their achievements are great. The Jewish spirit is Islam's enemy and a jihad killer. To rule the world, Jews first captured Europe and afterwards established their control over the United States."The Jews First Occupied the European and American Economy – And Then Tamed the Political and Military Leaders of the West... With Their Money Power... Be It Dick Cheney... or Miliband of Britain – Everyone Is a Jew
"

Mad Majeed has also said that Pakis should use their nukes to make India see reason (which he said are much superior to those of India), and that he hates India so much that he has refused to visit it. Majeed is much loved by the Paki RAPE establishment and he has a plethora of medals and awards, including Sitara-i-Pakistan, Sitara-i-Imtiaz and Nishan-i-Imtiaz. The good news is that he is very old (born in 1928) and senile, and is on his way to his 72's soon.
See his biography in http://www.nation.com.pk/majid-nizami.html

Vivek_A · Post by **Vivek_A** » 23 Jul 2011 05:37

Majeed Nizami is the owner of the nutty nation.

shiv · Post by **shiv** » 23 Jul 2011 06:00

Fidel Guevara wrote:Hypothetical scenario: Xinjiang separatists get more active, do a couple of high-profile blasts/assassinations and are also proven to have Pak training links. No official support, Allah forbid, but support only from "non-state actors". This is actually a likely scenario in the not-too-distant future.

What will China's response be to this? A couple of blasts can be absorbed by the tarrel than mountaineers, but what if this becomes a regular routine...blast somewhere in Xinjiang every Friday, and a regular stream of exposes about their links to Pak. You can be sure the see eye eh will do all it can to find the connection and publicize it.

Would China take the punches for greater strategic objectives, or are they likely to (best case) close the border, stop openly supporting Pakistan on international fora, and perhaps even temporarily stop mil assistance? I think they would probably take the punches, but turn the screws on Pak through many other means.

In such a scenario, the real benefit will be psychological - as of now the biggest morale booster for the RAPEs is that they are associated with the "next superpower". If this crutch is also taken away, they will truly realize the cr@p that they are in.

China would take punches alright. There is nothing else it can do. It is a fairy tale to believe that "strong-willed nations" like China and the US can actually take on Pakistan in a hot war. Very few Indians, least of all on BRF want to believe this because there is a tendency to see India as weak and the US and China as strong. We tend to view Pakistan through that lens - and believe that weak India mollycoddles Pakistan and that "strong China" might do something different.

Pakistan is strong in comparison to India because the US and China have made it strong. If Pakistan tries to take on China or the US, the best they can do is to stop making Pakistan stronger and to allow Pakistan to become weak. Fighting Pakistan is not an option because any nation is faced with Hobson's choice. If you fight the people - the leaders of Pakistan get more support. If they get the leaders the people are out of control and you have a mess. If the US and China back out and allow Pakistan to get weaker, the one entity that was being opposed by Pakistan - that is India, will benefit greatly.

So yes - China will absorb hits and do WKK type stuff with Pakistan. The Chinese are a bunch of blow hot blow cold. They got Mushy to work for them on Lal Masjid and Mushy got thrown out soon. They will get kicked and swallow it.

Pakistan is NOT a problem that either the US or China can solve by money or will power. But they have to figure that out. The uS is having its own "Smell the coffee" moment. China needs have one. A loose nuke in Xinjiang would be just right. After all it was china that chose war and perfidy to create a border with Pakistan - which was previously non existent. They must reap the benefits now.

chetak · Post by **chetak** » 23 Jul 2011 06:07

abhijitm wrote:Cnn is discussing earlier evidence of locals getting trained in somalia and pakistan. What more interesting is repeated appearance of these two most notorious countries together. There IS sure a link between somalian pirates and paki navy

A lot of the weapons captured from the somali pirates are paki in origin.

The subtle hand of the ISI is surely present.

What better private money making enterprise for some ambitious and upwardly mobile mid ranking officers?

They can cut their teeth in field operations as well as further the cause of the qaum.

shiv · Post by **shiv** » 23 Jul 2011 06:11

chetak wrote:
What better private money making enterprise for some ambitious and upwardly mobile mid ranking officers?

Objection your honour. Why low ranking? This is national business for Pakistan. It's not as though arming terrorists is the work of some opportunistic entrepreneurs of Pakistan.

KLNMurthy · Post by **KLNMurthy** » 23 Jul 2011 06:21

Charlie wrote:
partha wrote:

If Shahi bhai continues on this path, I would not hesitate to have him spokeperson/PR person in the international fora and also promote him on foreign TV channels..especially in US...

He is getting there.. Will have to see how long it will last..
If you havent observed, he has already been sidelined for having his own views separate from CONGIs... now he is reduced to tweeting... the fact that an idiot like SM Krishna is at the helm at MEA should tell us smthng.

Maybe his brand-new Kashmiri Pandit wife is kicking some sense into Mr. Tharoor!

chetak · Post by **chetak** » 23 Jul 2011 06:25

shiv wrote:
chetak wrote:
What better private money making enterprise for some ambitious and upwardly mobile mid ranking officers?

Objection your honour. Why low ranking? This is national business for Pakistan. It's not as though arming terrorists is the work of some opportunistic entrepreneurs of Pakistan.

Right you are Saar, cannot disagree.

Prem · Post by **Prem** » 23 Jul 2011 06:35

shiv wrote:
chetak wrote: What better private money making enterprise for some ambitious and upwardly mobile mid ranking officers?Objection your honour. Why low ranking? This is national business for Pakistan. It's not as though arming terrorists is the work of some opportunistic entrepreneurs of Pakistan.

Lets not forget that this method of accumulating and using wealth in the path of Jihad -Fisabiillah is sanctioned by the doctrine itself.

Singha · Post by **Singha** » 23 Jul 2011 07:04

http://edition.cnn.com/2011/WORLD/europ ... tml?hpt=T1

Norway apparently struck by two deadly attacks - not just one. a 32 yr old man arrived on a offshore island used by campers and started shooting with a automatic weapon. he had a fake police badge. police say *80 killed* atleast....

no id yet on the name and history of this man, but we can be fairly certain a member of the melanesian buddhist community..at this stage nothing can be ruled out.

Singha · Post by **Singha** » 23 Jul 2011 07:12

suspect is apparently a 32yr old norweigan farmer named breivik. details awaited...

Charlie · Post by **Charlie** » 23 Jul 2011 07:18

Singha wrote:suspect is apparently a 32yr old norweigan farmer named breivik. details awaited...

Charlie · Post by **Charlie** » 23 Jul 2011 07:21

80 innocents, most of them kids

What evil

Singha · Post by **Singha** » 23 Jul 2011 07:37

the island was 400m offshore, hardly anyone can swim that distance in a pool let alone open water. some 50 people apparently tried to swim, many could have drowned.

abhishek_sharma · Post by **abhishek_sharma** » 23 Jul 2011 07:59

What is cooking between the US and the Pakistani Army ? - Part III

Less Is More: Cutting U.S. military aid to Pakistan might be just what the world's most frustrating alliance needs.

Prem · Post by **Prem** » 23 Jul 2011 08:05

Musharraf: India Wants a "Subservient" Pakistan
http://www.nationaljournal.com/musharra ... n-20110722

Former Pakistani President Pervez Musharraf lashed out at India, accusing New Delhi of mounting a concerted push to drum up anti-Pakistani feelings within the United States, turn Afghanistan into a pro-Indian proxy, and ensure that Pakistan remains permanently weaker than its larger neighbor.“They want total dominance,” Musharraf told reporters at an Atlantic Media luncheon on Friday. “India would like to have a subservient Pakistan, politically and economically subservient.” Musharraf took a strikingly hard-line position on India, which he identified as the primary cause of Pakistan’s security threats and diplomatic problems. Musharraf said India was expanding its navy so it could control the Indian Ocean and said New Delhi was funneling money and aid into Afghanistan so the country would be a reliably proxy in an ongoing shadow war with Pakistan.Musharraf also blamed India for Pakistan’s troubled relationship with Washington, which has spiraled to a historical low in the months since U.S. Navy SEALs mounted a unilateral raid into Pakistan to kill al-Qaida leader Osama bin Laden. “India certainly is trying to create an anti-Pakistan Afghanistan,” he said. “Sometimes I have a nagging suspicion that they are even trying to create an anti-Pakistan U.S.”
Musharraf was harshly critical of the Obama administration, which he accused of having an overt pro-Indian bias. He faulted Obama for visiting India and using the trip to publicly criticize Pakistan, a move that Musharraf said had gone over very badly inside Pakistan, a country which Obama has yet to visit. He also criticized the White House for failing to make any serious efforts to bridge the Pakistani-Indian divide over Kashmir.“The U.S. is pro-India entirely,” Musharraf said. “No U.S. official utters a word about the Kashmir dispute. At least talk about it, even if you don’t do anything.”Musharraf said India’s size and wealth gave it undue influence within the United States, including over the American press. “I think the media is dominated quite a lot by Indians,” he said, drawing laughter from the assembled reporters. Musharraf later said he had misspoke and meant that India had “influence” over the American media.

(Sarree duniya se tum Gubo Kaarat hai, Phir SDRE Indian mizzle se kyon darat hai ?
Chorro Mush Miyan yeh Kissa Puarana, Baar Baar ronna orr horr se Cheekho Chillaana
Aajjmaa kar tho Dekho aye Poaqer, Indians ko bhi aata tum pei 200% Vaizleen lagaana. )

Prem · Post by **Prem** » 23 Jul 2011 08:27

Kafir middle finger again created this dupe!!

Prem · Post by **Prem** » 23 Jul 2011 08:27

Fry-Day cant be Dry-Day in Jannnat.
13 killed so far in latest Khi violence
http://pn.com.pk/details_en.php?nid=19957#

KARACHI: The death toll in the latest wave of violence in the city has climbed to 13, Geo News reported.After four days of peace, violence returned to the streets of the metropolis when firing erupted between two groups in Malir and Landhi which led to the killing of 13 people, Geo News reported. Rangers were deployed to Malir to maintain law and order after which the situation in the area improved.Funeral prayer of two MQM members killed in the above incident was held in Kala Board.According to police, firing started in Malir on Friday morning and continued for several hours. The firing took place in Naad Ali, Jinnah Square, Khokhrapar, KDA Office, Dak Khana, Liaquat Market, Umar Yasir Soceity, Jafar Tayyar Society and other areas of Malir.Ten dead bodies and 16 injured were taken to Jinnah Hospital, two dead bodies were shifted to Sindh Government Hospital Malir and one was brought to Abbasi Shaheed Hospital.

shiv · Post by **shiv** » 23 Jul 2011 08:27

Prem wrote:Musharraf: India Wants a "Subservient" Pakistan
http://www.nationaljournal.com/musharra ... n-20110722

(Sarree duniya se tum Gubo Kaarat hai, Phir SDRE Indian mizzle se kyon darat hai ?

Simple onlee saar. Simple onlee. "Pakistaniyat" is defined as Paki Islamic warrior race licking the asses of anybody and everybody so they don't have to appear inferior to Indians.

Prem · Post by **Prem** » 23 Jul 2011 08:31

US refused permission for Quetta consulate

http://nation.com.pk/pakistan-news-news ... -consulate

ISLAMABAD -Pakistan has refused permission to the United States for opening consulate in Quetta, sources told The Nation here Friday.
An approval was earlier accorded by Islamabad in 2010 but fast changing circumstances had made Pakistan realise that this can create numerous problems for Pakistan as well as the US. Though a formal approval for the US diplomatic mission in Quetta was accorded early this year, but Balochistan government was yet to take a decision on the site for this purpose.
Security agencies have advised against the construction of the US mission, contending that its presence in Quetta may worsen the already poor law and order situation caused by the armed Baloch insurgency. Pakistan Army has also objected to the presence of US personnel in Balochistan and has already terminated CIA’s drone operations from the sand strip of Shamsi in Kharan.The United States had proposed that consulate in Quetta will help oversee the development activities carried out by Americans in Balochistan. “It will also ensure a close liaison between the Baloch people and the US since visa facility at the consulate would save lot of time being wasted in going to Karachi and Islamabad,” the US had stated.

( Unkil is Mahan and knows how to make lemonade from Poaklemons)

abhishek_sharma · Post by **abhishek_sharma** » 23 Jul 2011 09:45

Talib al-Britani

chetak · Post by **chetak** » 23 Jul 2011 10:13

KLNMurthy wrote:
Charlie wrote: quote="partha"

If Shahi bhai continues on this path, I would not hesitate to have him spokeperson/PR person in the international fora and also promote him on foreign TV channels..especially in US...

He is getting there.. Will have to see how long it will last..

If you havent observed, he has already been sidelined for having his own views separate from CONGIs... now he is reduced to tweeting... the fact that an idiot like SM Krishna is at the helm at MEA should tell us smthng.
Maybe his brand-new Kashmiri Pandit wife is kicking some sense into Mr. Tharoor!

Brand new?

Vikas · Post by **Vikas** » 23 Jul 2011 11:17

^ He got re-married few months back with the KP lady..

abhishek_sharma · Post by **abhishek_sharma** » 23 Jul 2011 11:19

DEALING WITH PAKISTAN: CONFLICTING VIEWS: Howard and Teresita Schaffer

CRamS · Post by **CRamS** » 23 Jul 2011 11:43

abhishek_sharma wrote:DEALING WITH PAKISTAN: CONFLICTING VIEWS: Howard and Teresita Schaffer

Recent writings of both this husband & wife combo seems to indicate a desperate call by US (and India) to kiss Paki ass. And this from the same couple who know TSP perfidy very well and TSP's art of negotiation. Has the ISI turned up the level of sponsorship?

abhishek_sharma · Post by **abhishek_sharma** » 23 Jul 2011 11:45

CRamS wrote: Recent writings of both this husband & wife combo seems to indicate a desperate call by US (and India) to kiss Paki ass. And this from the same couple who know TSP perfidy very well and TSP's art of negotiation. Has the ISI turned up the level of sponsorship?

They are old Paki lovers. aur kuch bhi nahi.

shiv · Post by **shiv** » 23 Jul 2011 11:59

abhishek_sharma wrote:DEALING WITH PAKISTAN: CONFLICTING VIEWS: Howard and Teresita Schaffer

Folks some piskology here. Can you vote on one of these two choices. Which do you think fits better?

1. The killing of Osama in Pakistan was the culmination of (nearly) decade long search for the terrorist who masterminded 9/11
2. The killing of Osama in Pakistan was a grave aggravation of the worst crisis in U.S.-Pakistan relations since 9/11

Because here is how the article above starts

U.S. SEAL task force killed Osama bin Laden at his Abbottabad hideaway, gravely aggravating the worst crisis in U.S.-Pakistan relations since 9/11.

chetak · Post by **chetak** » 23 Jul 2011 12:02

VikasRaina wrote:^ He got re-married few months back with the KP lady..

Both have been around the park earlier!

Anujan · Post by **Anujan** » 23 Jul 2011 12:12

http://tribune.com.pk/story/215640/reve ... ll-at-fbr/

Apparently Pakis did some Sialkot Statistics and Madrassa Mathematics about their revenue collection figures and have been caught with their Chaddis down. The issue is serious enough to kiss IMF loans goodbye.

Charlie · Post by **Charlie** » 23 Jul 2011 12:19

Reposting in Full

Revenue targets: After misleading nation, heads to roll at FBR

After initial claims of meeting the revised revenue collection target were found to be inaccurate, the government is likely to hold several senior Federal Board of Revenue officials responsible for an embarrassing admission that may well cause the International Monetary Fund to cut off the last few tranches of its $11.3 billion bailout package.
On June 30, at a hastily-called press conference, FBR chairman Salman Siddiqui stunned the nation by proudly declaring that the government had achieved its revised tax collection target of Rs1,588 billion – something that was absolutely unexpected.
On Friday, however, Siddiqui admitted to The Express Tribune that the real figure was Rs1,550 billion, short of the target by Rs38 billion.
With the new figures, the revised fiscal deficit for the year that ended June 30, 2011 comes to Rs1,174 billion, or about 6.5% of the total size of the economy, a finance ministry source told The Express Tribune. This number includes Rs120 billion in payments to the energy sector to resolve the inter-corporate circular debt.
The original target agreed with the IMF was a budget deficit of Rs722 billion, or about 4% of gross domestic product. The FBR had originally targeted collecting Rs1,667 billion, but had revised the figure downwards after the country was hit by the worst floods in over 70 years during the summer of 2010.
The government missed even the revised target, despite having levied Rs53 billion in new taxes in April, which in turn has caused the budget deficit figure to go up by 0.2% of GDP.
Sources familiar with the matter said that the government had taken advance taxes of about Rs45 billion from commercial banks to meet its revenue targets. On June 29, The Express Tribune had reported that the FBR had planned to use this manoeuvre to artificially ‘achieve’ its target.
Sources inside the finance ministry confirmed that the advance taxes were returned to the banks in early July, which will likely lower net tax collection figures for the first month of fiscal year 2012.
The finance ministry had a strong indication that the budget deficit was likely to exceed 6% of GDP, admitted one finance ministry official, but chose to mislead Parliament on the eve of the budget presentation on June 3. The ministry had also contested the accuracy of a story published in The Express Tribune on June 9 that reported that the deficit may go beyond 6.3% of the GDP.
That such a glaring blunder took place on the watch of the finance ministry’s “best manager” – Finance Secretary Waqar Masood – is likely to embarrass the government further, though sources say that Masood was appointed despite opposition from Finance Minister Abdul Hafeez Shaikh.
While the senior-most economic managers in the country are likely to keep their jobs, there is expected to be a major reshuffle within the FBR, said sources familiar with the situation.
Members of parliament appear to be outraged at having been deceived by the finance ministry.
“The false claim of the FBR will hurt the confidence of international financial institutions [in Pakistan], and now they might ask Pakistan probing questions,” said former Foreign Minister Shah Mahmood Qureshi on the floor of the National Assembly. “This has put the credibility of the country at stake.”
Officials within the finance ministry agreed with Qureshi’s sentiments.
“Had these false figures been reported to the IMF, it would have led to imposition of penalties on Pakistan,” said a senior finance ministry official. He added that the country may have lost any chance of reviving the current bailout programme.
“The only option left is to obtain a new [bailout] programme and that will come wrapped in the toughest conditions,” said another government official who deals with the IMF.
The FBR chairman tried to defend his institution by saying that the difference between the figures announced on June 30 and the final figures was due to a ‘misunderstanding’ about the difference between gross and net sales tax collection.{Standard juvenile Paki attempt} Siddiqui claimed that gross sales tax collection of Rs675 billion had been ‘assumed’ to be net tax collection.
Published in The Express Tribune, July 23rd, 2011.

Charlie · Post by **Charlie** » 23 Jul 2011 12:26

Anujan wrote:http://tribune.com.pk/story/215640/reve ... ll-at-fbr/

Apparently Pakis did some Sialkot Statistics and Madrassa Mathematics about their revenue collection figures and have been caught with their Chaddis down. The issue is serious enough to kiss IMF loans goodbye.

This FBR vs Government fight is all drama... all birathers are the lafangey of the worst kind...they are all in it together..they might have tried to cheat the IMF by doing some Shaukat Aziz type madressa accounting before realizing that the world was watching..

chetak · Post by **chetak** » 23 Jul 2011 12:33