The best way to manage political un reset is to make sure that political parties conduct annual elections and family at large can't be at the helm for more than a year. Interesting yet is the fact that the self proclaimed educated party members continue to rally and support
Dynastic politics. Nothing has been more responsible for the regression of the nation more than this singular unfortunate two party system for decades & now the suffering will continue for the awaam at the hands of the kids of the same leeches who have economically done us in
More fascinating is the support and endorsement 60+ yr old party members continue to give pea brained harbingers of the next generation. No better self serving insurance scheme than in Pakistan where the people pay the premium of the destruction these charlatans bring.
For a young nation young representation is key. Make it mandatory for the party to have 30% women and 50% membership to be under 40. This is the only way we will ever experience change else we will be led by a circus of 342 opportunists who have perfected being untouchable
How u ask? Look at their tax returns. Most pay less than a middle class salaried Pakistani. Per capita we are governed by those who don't pay taxes on land as they declared agriculture tax free, they collect subsidies on those lands & farming.Every 1s a Harvard level entrepreneur
Because they write the rules that benefit them. They control land parcels and the people that come with them. They ensure the youth don't get access to education so they can use their land and people grab to continue to be voted into the circus of life called govt.
It's a circus because it's not fair and a show. Some thing that's scripted and no one without generational access land or tax chori can make it through. Perhaps only exception are the religious parties who run on a different mandate. Again the similarity is controlling minds
Vs controlling or delivering outcomes for people. It's all ideology driven because we have kept the masses poor, un educated and governed by fear and jagirdari and subaydari systems. With the rising tide of the youth & access to the outside world via the internet things won't be
Easy for the incumbents. Oppression and suppression may have worked with their parents but sooner rather than later injustice, control and lack of jobs will create an implosion that may start to erode the foundation of unfair capital & wealth distribution & thus lead to
A chance where political outcomes and alignments change. We are ways away from all that. On one end we want to increase exports in tech and textiles but on the other hand we cant seemingly tax any one out of karachi or already in the tax net. Tax is optional in
The rest of Pakistan. This whole land mafia allows massive politically ill-gotten money to be channeled via land holdings which the tax man can't go after. You want one segment of society to pay for the ills of one policy change, ala tax that can change the fortune of this land.
Who will decide to make broad based tax reform. 4 fbr chiefs and counting. As we focus on growing biz we must focus on growing the tax base. This is easy from the outside but since it directly impacts most if not all parliamentary folks it likely ain't happening.A word to the IMF
Should u be interested in knowing a little secret after billions of dispensed loans.Make this a pre condition. Land reform and tax reform of your next engagement with the country. Likely the last time govt comes for a loan but if u had our growth interest at heart vs not ud do it
The fault in our stars is that our stars sadly are not scientists and researchers and outstanding people from education/academia but instead it's the same genetic profile of political mutants whose rocket proof cars the system rallies behind. True progress will be when leaders
Don't need those cars and can engage with their constituents in person vs bullet proof glass. That class of politician and political movements aren't there yet. Till there is a systemic clean up of the pea brained IQ that runs out parliamentary systems and the babus that benefit
Not much will change. It seems we have been solving for the wrong problem. The real exam question to fix this for the tax paying awam to demand tax reform for the political class. That's the first step. Also publish the income statement of every law maker online + link their
And their families social media profiles for all to watch. Kissing babies and calling on the sick by day and hashtaging their private plane rides by night #blessed. Truly social media will eventually be the equalizer when every one sees the life of the rich and tax chor mafia
Nothing will change till we the tax payers rally behind structural tax reform to have the missing generation of political self interest be added to the list. Just like ECL was a thing TEL(tax evader list) should be a thing to regulate the un regulated who continue to burden us
Economically and by a lack of governance and growth agenda. The only way this changes if we decide that it should and work towards it. Not easy but it starts with reforms that start with watching zero political TV shows & banning these idiots on TV & making 60% education content
All dreams from a distant land but all great things start from a dream. Let us dream to take back our country for our youth and enhance their outcomes as citizens of the globe who are respected and revered vs ridiculed and written off. The choice is ours. Only if we choose to
Every culture has some ritual for joining two people together and making them stay that way, and ours is giving tax breaks to those in power. @rebootdude @raza_matin @babushka99 @fmsheik @Huk06 @jehan_ara @afiasalam @FaizaYousuf @YusufJan @rogueonomist

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More from @faizansiddiqi

4 May
Roshan Digital Accounts to be converted to Digital Bank Accounts.. Makes you think, local banks barely have their services digitally enabled for the clients whose deposit baSes results in their profits, but it's clearly more imp to have digital accounts for NRPS. (Let it sink in)
Similarly give them cars at cheaper bank rates and not only that, enable them to stop using hundi to send funds back.… . The Hon SAPM said it not me. So the problem is in-bound hundi:) Boggles the mind how far and wide this circus has gone.
What about those in corridors of power & patrons of influence who have been using hundi to wire money out of the country?Basically if they decide to bring that cash back, it gets legal protection, cheaper interest rates, faster car delivery and a special place in the SAPMs heart.
Read 13 tweets
4 May
Small business funding + business training on running a micro enterprise for young entrepreneurs esp women needs to be thought through as a tool for empowerment, economic growth and finial inclusion. How so? We need to power other people's ability to fail and make failure safe.
So if you are a no-body with some money in the tank, this is how you help break this circle of life by funding young fe(male) entrepreneurs in this country at a low low entry price sans daddy dollars. The concept is simple, you need to enable others to build either your idea,
a shared idea or their idea, but with the catch that they deploy the MVP or business in under 60 days. It could be as simple as funding some ones inventory or as complex as a Monetization idea for m-commerce.
Read 15 tweets
4 Apr
There is a real opportunity lurking in a host of govt entities. My current fav is the Utility Stores Corp of Pakistan. Some stats below around their makeup.
Interestingly enough their biz model is to use your and my tax rupees and subsidize products. Clearly can't expect govt to figure out a sustainable biz model. But I digress. What caught my attention was this news story.…
So this story came out in March and by July the utility stores corp will be digitized. I mean I'm all for it but who are the miracle workers who will usher us down this path. We'll your friendly PTCL yup u read that right. A company they can't get its own house in order.
Read 10 tweets
3 Apr
Offline distribution eats digital distribution for lunch in PK. The real oppty is infra and investments in bridging the offline to online gap. We arent ready for digital first only products for the mass market, what wins in the end has to be hybrid..
Because u can't service offline ppl in an online channel only. We continue to build products like lending, digital banking etc these aren't for the masses we are modeling at best the urban or semi urban poor from our ivory towers.Thinking what service they want or need. Bad idea.
Delivery not just ecom related but last and middle mile is key. Supply chains are broken but they don't need to be. If u are some one sitting on cash instead of real estate invest in logistics even if it's two guys and a truck. Idea is to deploy it in the right market.
Read 12 tweets
10 Feb
Our univ & startup curriculum are broken. Most treat education like buying vegetables so long as u generally do ok no one will worry about the specifics. Visiting faculty is akin to educational malpractice(see this nugget floating around that got fwded) some one with 3yrs of exp
Teaching others their craft. The odds of that skill existing and then transferring is as low as u getting diabetes from watching some one else eat a cake. Worse is when these visiting clowns teach u entrepreneurship or courses on startups. Given u saw their own intake is corp exp
Here's what they don't teach u in school & after meeting 100s of founders if not more n working with them, I wish they did teach. If you are willing to invest 4 mins of ur time vs 4yrs to give this a quick read u may walk away better informed. No guarantees but it's worth a shot
Read 18 tweets
8 Feb
The Punjab government has been working to establishing an insurance company following the good performance of the insurance sector. Can't make this stuff up. What's next vaccine production? Or Education? They've already done tech in prev govt.…
Instead of working on streamlining regulation and promoting enforcement to support the growth of the sector the govt decides to use our tax payer money to compete with private enterprises in a highly regulated space where it makes the laws. Yes u read that right. Epic stupidity.
By this count soon nothing will be left in the fee enterprise space. Between having provincial govts having banks & formerly the Punjab govt competing with startups by copying their ideas and launching its own startups & building software vs buying locally we have witnessed all.
Read 11 tweets

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