The Current Economic Condition of Pakistan

 

How We Can Contribute to Improve the Economy of Country?

We mostly criticize the government for its poor policies. Especially regarding the economic development of the country, we think that only government can do something for the economic stability of the country. If we only keep worrying about the country and keep criticizing our country will do nothing, let us start learning about we can do something for the stability of our country by doing small things in our daily routine life.  Being a nation, it is our prime responsibility to contribute to the stability of our country. These days the county needs our support regarding economic stability. If we follow the Following 8 steps it will helpful for the development of our country.

      Pay Taxes to Government

We individually prefer to pay some portion of the tax as a bribe to the tax officials in order save almost of half tax, it will increase risk of tax audit and its consequences in future but also it will cause zero deposit in government tax collection from your side. Being a good citizen and a contributor to the economic development of the country you should pay taxes to the government instead of paying a bribe to the tax officers, this will surely work, and it will also make you a contributor to increasing the revenue of the Government. Even a single penny also matters. You are also advised to file tax returns every year. Being a filer in FBR, you will be able to avail yourself benefits such as low bank charges, low taxes on buying, become a good citizen. Filling returns on the website of FBR is simple and there is also a toll-free number for guidance and support. If you need any assistance in filing returns or depositing taxes, please feel free to comment at the end of this blog.

2.     Buy Local Brands.

There are so many products which are imported from overseas, even having low quality but because of the brand name, we prefer to buy in this way we are harming the economy of us on the country.  Now the question is why we buy local brands. There are several reasons for this question. First is the import process is very time-consuming products are travel to our country through the ship, it will reduce the quality of the product. Secondly, the imports can increase our current account deficit, and directly we will be contributing to harming the economy of the country. The revenue of only Pepsi from Pakistan is around 1. 7 USD Billions per year, we buyers change our mind towards the local products it will make a great change in the economy of our country.

3.     Focus on Education of Children

Education is the most important factor in the development of any country. So being a good citizen we should visit our neighbor school, we can suggest them to improve the quality of education. We should also keep proper checks and balance on the education quality of our children. We should prefer the education of international standards. We can volunteer to provide financial support for the education of any one child, who has missed school due to the unavailability of funds. If we look around there are so many brilliant children who left schools due to the unavailability of funds.

4.     Vote

The most important factor of our contribution for our country is to vote the right person who can contribute towards the development of the area, development of our country in general. We should not vote based on Religion, Race, Caste Etc. The vote should be based on merit only. Let us promise we will to the right person during upcoming elections. Some people do not vote it is recommended everyone must vote.

5.     Avoid the Things which are not Necessary.

There are so many things which we can avoid, and we can save our money and it will contribute to the development of the country. First, we should try quitting smoking, we should try avoiding tea. The current account has a big burden on imports of tea and cigarette. Both are injurious for our health and as well as harming the economy of our country. So, we should quit both habits. We should also try to not waste food.

6.     Plant Trees

This is one of the important factors of the development of any country, by planting more trees we can increase or improve the air quality. This will improve the health of the people of the country. By this we can save the cost of medical expenses and a healthy nation can contribute more to the development of the country.

7.     Contribute to improving the Law and Order of The Country

The law and order of the country play a vital role in the development of any country. A peaceful country contributes to improving the businesses of the country, living quality of the people, and increase international and local tourism of the country.

8.     Try to earn online  

There are so many simple ways to earn online, even from the social sites which we are already using, we need to learn some simple ways to earn online. This will become an addition to our income and as well as contribute to the development of the country through income in USD. The Blog is available on Earning online you refer to it or you contact us for getting guidance and support for getting side income. Please refer to this link.

https://www.worldfinancereviews.com/2021/01/how-to-earn-money-online-at-home.html