Economy

Economy

• PPP Tripled Growth Rates and Doubled the National Revenues

The PPP government presided over boom economies during its three tenures in office. Sound macro economic management allows private entrepreneurs to build investment, trade and develop the economy. The PPP tripled growth rates and doubled the national revenues while enjoying lowest deficit figures and bringing in massive investment which created jobs and promoted the service industry including housing.

• Free Flow of Capital

As the party that introduced the privatisation bill and streamlined the revenue services while creating boards at local bank branches for quick disbursement of loans, the PPP is committed to the free flow of capital. The flow of capital is the engine that drives a growing economy encouraging the youth while ending unemployment which brings misery.

• Introduction of an Autonomous State Bank

PPP introduced an autonomous State Bank and a strong regulatory authority is necessary to safeguard the deposits of the working and middle classes in the banking sector. The seizure of foreign exchange reserves and collapse of cooperatives as well as investment companies when PPP was in Opposition robbed ordinary citizens.

• PPP Power Projects

PPP power projects, mass telephone system enabled ordinary people to set up businesses when previously power shutdowns and twenty year waiting lines for phone prevented them from success in private initiatives.

PPP focuses on making the changes that help people make successful businesses. PPP times are boom times for the business communities as well as for the labour that is absorbed by a booming market.

• Adoption of a Pay As You Earn Scheme

To support middle class purchases a Pay As You Earn Scheme (Credit Purchases) will be adopted in Government Corporations and other salaried institutions. A credit bank will be established the purpose of which will be small and medium loans to encourage instalment purchases of television, furniture, cars, houses, refrigerators and other household and daily life necessities which are too expensive for outright purchase by young and middle age purchasers. This scheme will be expanded to include non-salaried institutions gradually.

Open Minds, Open Markets, Open opportunities is our slogan as we change IOUs into MOUs.

A PPP Parliamentarians government is necessary for sound macro management as well as for investment, revenues, growth, employment and safeguarding the savings of the people.