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MR.SHOUKAT AZIZ EXPECTATIONS FROM PAKISTANIES

 
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MR.SHOUKAT AZIZ EXPECTATIONS FROM PAKISTANIES
Ehrar_ACMA
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#4
08-03-2003, 03:46 AM
Hi Friends

Thanks Mr Sumaaan and Mr Pervez. Actually I never use internet in office(Bank) other than office work. I have cable net in my home and daily i check mail after few hrs studies of CIMA.

The other side pointed by you is very imortant for an economy but you did not go in deep. The interest rate should be low for lending & investment point of view, I agree with u but my point is what about the retired & old persons. If there is certain provision in tax law for these peoples keeping interest rate & other things remain the same then ..? What will happen, they will be relaxed to fight against povert & inflation.

As far as quantity is concern , if you go through the ecnomic events from 1995 & on ward (GHS)Golden shake Hand (Vouluntry retirement scheme) was introduced by the government . Under this scheme many persons have been retired. On the contrary many financial institutions has been wound up after giving GHS.

Few are as under
Banker equity Limited (closed) ICP(Closed), PIDC(CLosed), Mehran Bank (Closed),American express Bank(Took over). Philips (Down sized, 5000 employees),Platinium commercial Bank(Took over by KASBB) UBL(took over by ALfalah gp)ABL(is in process of Privitization), PSo is in process, Pak railway in process, PIA( down sized) etc

These all had/have many branches that either has been closed or going to be or Down sized. In all the case they all have been given GHS. This is the policy adopted by Privitization Commission (PC) as per intructions given by our FM. But why he did not think on the contrary if he is economist.

After the event of Sep 11, US govt. support all companies to struggle at possible extent.They think on the contrary.. Why our FM does n't...?

As far as FUnd managers are concern, What they will earn from Stock ..what a fund manager can do..? ok If he gives return but when after one year, or IS it poosible to get capital gain ...Why dont you think itis very risky ,painful and stressful job my dear. OK. try ur self if you registered with any broker for trading ..Do u know how many phone calls they do in a day or in an hour..?

They all agent they need commission on trading just ..Most of these are siple graduates orInter or masters as see the dwan u will find an add every sunday from Harvest . They give then title business executives after one month formal training do u think that training is enough no..no..nor fair for old men by FM.

DO u agree..?

Thanks








Kh. Ehrar Hasan
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Messages In This Thread
MR.SHOUKAT AZIZ EXPECTATIONS FROM PAKISTANIES - by Ehrar_ACMA - 08-02-2003, 04:46 AM
[No subject] - by sumaaan - 08-02-2003, 05:57 AM
[No subject] - by Pervez - 08-02-2003, 09:07 AM
[No subject] - by Ehrar_ACMA - 08-03-2003, 03:46 AM
[No subject] - by Pervez - 08-03-2003, 08:45 AM

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