Harris Abbas

Director Angels International College-Believer in the agricultural potential of Pakistan-Majored in Economic Policy from @nyuniversity-NY

[Harris Abbas @harrisabbas]

Extremely proud to share that Angels International College shall be representing #Pakistan in rugby at the #ParisWorldGames! Wishing our boys all the best for the exciting journey ahead! @TBandey @RanaSikandarH

[Harris Abbas @harrisabbas]

Great to see our judiciary embracing technology, a step in the right direction. CJP #QaziFaezEssa must bring attention to pending court cases awaiting decision and perhaps work on expediting the judicial process.

[Ali khizar @AliKhizar]

Exchange companies exist forever
hawala/hundi and smuggling have been there forever

Question - why dollarization is picked up in Pakistan in the last one year or so?

We need to cure the disease, not the symptoms

[Harris Abbas @harrisabbas]

@AliKhizar The nation will be in their debt forever if they fully complete the privatisation process & follow the @IMFNews program. PR gimmickry can wait for now!

[Harris Abbas @harrisabbas]

@asadnasir2000 Most of our economic woes are a result of delayed economic decision making. Govt has no choice but to squeeze oil demand in order to reduce the import bill. We can’t afford to increase our circular debt anymore, fuel price adjustments must be inline with global prices.

[Ali khizar @AliKhizar]

The current account is likely to post a surplus of $300 million in June 23

FY23 CAD is to be at $2.6 billion (0.8% of GDP) - its the lowest deficit since FY11 (even better than the COVID year). However, it doesn't come without a cost of unemployment and growth contraction

[Reza Baqir @rezabaqir]

…that have been hit hard by the past year of v high inflation and no growth; (3) a broader and fairer tax base to stop penalizing those who are already paying taxes; (4) restructuring and privatizing SOEs that are draining public resources, and (5) perhaps most importantly…4/7

[Harris Abbas @harrisabbas]

@Matiullahjan919 @CMShehbaz @pmln_org @NawazSharifMNS No sir, #IMF deal was a result of taking necessary economic actions. Govt will have to/should take necessary measures that lead to stabilisation. Credit to @CMShehbaz, but why celebrate borrowed money…..

[Harris Abbas @harrisabbas]

@CynthiaDRitchie Had the pleasure of staying at his beautiful palace multiple times. Prince Atta was a true gentleman, took Tentpegging to the international level & was a gracious host.Passed away while on his way to a local Tentpegging competition. May he rest in peace!

[Harris Abbas @harrisabbas]

Our circle of ridiculous borrowing to fund unprofitable & unproductive SOE’s is coming to an end. Excuses of geopolitics & blaming previous government are no longer bought by the public. We must decide that govt has no business in running businesses, we must privatise all! @AbdulRehman0292 @Official_MNazir @nadeemmalik @HamidMirPAK @shazbkhanzdaGEO @AajKamranKhan @TBandey

[Harris Abbas @harrisabbas]

@IMFNews $3 Billion is not the solution to our economic vows, considering we have entered multiple programs earlier. Our never ending relationship will continue until we live within our means. Why can’t @GovtofPakistan share a clear roadmap of privatisation of SOE’s?

[Harris Abbas @harrisabbas]

#PIA requires its losses to be funded by sovereign guarantees. Discos are unable to control power theft. Billions of Rupees are spent on giving salaries & pensions of #PakistansteelMill ghost employees.

[Harris Abbas @harrisabbas]

The #IMF deal should give us time to reflect, privatise & opt for structural reforms. Without doubt @CMShehbaz deserves credit for putting his diplomatic muscle to use, however #IMF loan shouldn’t be a time for celebration. Time to put the house in order!

[Harris Abbas @harrisabbas]

@najam_ali @PakPMO Govt should focus on bringing investor friendly policies, doing business should be private sector’s job!

[MN Ahmad @mnz_7866]

@asadnasir2000 @AbdulRehman0292 @hiktweets @iihtishamm @nomanaziz83 @nfhassan @ZubairKhanPK @ZulfiqarAhmed69 @pakpatriot71 @PSX100 @StockiestRes SOE’s privatisation and Airports/ Terminals / Ports outsourcing is a very positive indicator of govt strategy

[Harris Abbas @harrisabbas]

لَبَّيْكَ اللَّهُمَّ لَبَّيْكَ، لَبَّيْكَ لاَ شَرِيْكَ لَكَ لَبَّيْكَ، إِنَّ الْحَمْدَ وَالنِّعْمَةَ لَكَ وَالْمُلْكَ لاَشَرِيْكَ لَكَ

#Hajj1444

[MN Ahmad @mnz_7866]

لَبَّيْكَ اللَّهُمَّ لَبَّيْكَ، لَبَّيْكَ لاَ شَرِيْكَ لَكَ لَبَّيْكَ، إِنَّ الْحَمْدَ وَالنِّعْمَةَ لَكَ وَالْمُلْكَ لاَشَرِيْكَ لَكَ

I am at Your service, O Allah, I am at Your service. You have no partner. I am at Your service. Praise and blessing belong to You, and the Kingdom. You have no partner.

[Murtaza Syed @murtazahsyed]

Some lessons for Pak policymakers: tell the truth, correctly diagnose your problems, trust economic experts, provide them political cover, stop pretending there are quick fixes, integrate with the world & inspire your people with a hopeful but honest message. It's about time.