Showing posts with label SEMFO Global Plan Project. Show all posts
Showing posts with label SEMFO Global Plan Project. Show all posts

Sunday, September 13, 2009

IMF Says the global economic crisis will continue




http://www.thenews.com.pk/daily_detail.asp?id=198128

Sunday, September 13, 2009

BERLIN: The global economic crisis will continue and countries must do more to adopt financial market regulations, International Monetary Fund (IMF) Managing Director Dominique Strauss-Kahn told a German magazine on Saturday.

“The global economic crisis will continue, even if Germany and France had some good figures in the second quarter,” Strauss-Kahn was quoted as saying in an advance copy of an article to be published in Der Spiegel on Sunday. Strauss-Kahn said he wanted to see more action from nations to curb bankers’ pay and tighten capital requirements in the banking sector. “It is right to say that not enough has happened. I hope the Group of 20 meeting in Pittsburgh will bring new momentum,” he said. Leaders of the G20 meet later this month to try to agree on measures to help stop a repeat of the financial crisis.

Strauss-Kahn said the lesson of the financial crisis was that the market economy needed rules to function. “Without new rules, there will be a return to the old behaviour,” he said. Governments needed to develop ‘exit strategies’ from the stimulus packages introduced to boost economies, said Strauss-Kahn, adding, however, that it was dangerous to think the crisis was already over.

“We need such “exit strategies”. We are working on them, but I would disagree with any demand to think about implementing them now,” he said. Strauss-Kahn said a combination of higher interest rates and ending direct intervention of central banks would be needed.

IMF had sufficient resources for now but that if the body were to take on additional responsibilities to coordinate a financial safety net for countries in financial difficulty, it would need a further financial boost.


THIS SHOULD BE NOTED THAT THE ABOVE MENTIONED SITUATION ONCE AGAIN REQUIIRES PLANS LIKE MY OFFERED "SEMFO Global Plan"

Friday, September 11, 2009

World Bank okays $300m for Pakistan’s projects





Saturday, September 12, 2009

KARACHI: The World Bank has approved two projects worth $300 million to help Pakistan strengthen its social safety nets and improve higher education.

While fighting a Taliban insurgency in the northwest, Pakistan is struggling with a weak economy and over a third of its people live in poverty.

The World Bank said $200 million was being allocated for the Pakistan Social Safety Nets Development Policy Credit to establish an effective framework.

“Pakistani households are highly vulnerable to income shocks, and existing social assistance programmes cover only a very small fraction of the poor,” Yusupha Crookes, the country director for Pakistan, said in a statement received on Friday.

“This project will help build a robust safety net system that provides chronic and transient poor people with both basic income support and access to opportunities that will help lift them out of poverty.”

The World Bank allocated $100 million to support the government’s efforts to improve higher education.
(http://www.thenews.com.pk/daily_detail.asp?id=197909)

Thursday, September 3, 2009

Pakistan's Foreign Assistance Updates


IMF and Other Donors Provides USD:8.8 bn to Pakistan:

During the fiscal year 2008-09 Pakistan has received a total of USD:8.8 billion in terms of loans and financiasl assistance.

According to a report

Wednesday, April 8, 2009

SEMFO Global Affiliate Program








SEMFO Global Affiliate Program is meant for over all Socio-Economic betterment in Food, Energy, Poverty Reduction, Education sectors.

The aim of our affiliate program is to set up a global pool of all those countries, organizations, groups and individuals who are engaged with food, energy, poverty reduction and education sectors in any part of the world.

We invite all of them to join us and tell us that how we can work together in these sectors for the betterment of humanity and global development.


For details and contact:

Saeed Khan Abbasi
Socio-Economic, Media, Lobbying & Image Building Expert
Karachi-Pakistan, South Asia
Cell: 0333-2124418 (Int. Dialing: 0092-333-2124418)
E-mail: semfoproject@gmail.com , saeedabasi@yahoo.com
Please visit: http://semfo.blogspot.com
Find my SEMFO Global Plan at:
www.twitter.com/semfo
www.facebook.com
www.blogspot.com
www.wordpress.com
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www.google.com
Or search on any other search engine

Tuesday, April 7, 2009

SEMFO Global Plan








• SEMFO (Socio-Economic Management Formula) is amid at providing structural strength and profiteering results to ailing economies in any region of the world. The said plan would be a Global Model for any country, economy or organization.
• Through the said SEMFO Plan, it is possible to enable any country to draft their Deficit Free Federal Budget despite stern domestic or international economic conditions.
• By presenting the said plan I would like to promote this idea that besides government, people from all walks of life should get ahead to get their country out of such crisis-like situation.
• That is why SEMFO project will work as a professional international think-tank. The SEMFO based think tank would offer services to countries for their economic competence as well as organizations/companies/groups to tackle recession and yielding new versions of profit coupled with a very effective excellent image building.
• SEMFO plan based think tank will involve both governmental and private sectors in implementing required up-to-date socio-economic strategy.
• SEMFO Plan will enable any country to get rid of trade, fiscal and social sector deficit. It will be in case of any business, corporate, developmental and professional organization or group too.
• It would enable any country or organization with immediate emergency liquidity (funding flow) to tackle their liquidity problems and default threat, no matter what extent of amount is required. In developing or poor economies, lack of such finance/liquidity always enforces them to contact the IMF and other financial bodies.
On the other hands in developed countries, this liquidity problem leads to extensive unemployment, less production activities, high inflation and rise in taxes. With SEMFO plan, there would be no need to rely only on the IMF or World Bank for any country’s own fiscal and economic budget making, while these donors and agencies like the IMF, WB, and ADB etc will be taken on board as Friendly Economic & Monetary Advisors instead of the merely Loan Providing Sources. SEMFO Plan can enable developed countries to avoid extensive unemployment, tax rising and high inflation situation.
• SEMFO would assist the IMF, World Bank and such other institutions/organizations to chalk out a workable strategy in recession effected countries to revive their economies by following realistic plans in line with a country’s own socio-economic environment. While a fund raising plan can be implemented for the international funding agencies to enable them with plenty of funds. This is possible because of my SEMFO-oriented lobbying & image building strategy.
• SEMFO Plan would slash high inflation rate gradually at very low level. Besides this SEMFO Plan would add more strength to currency value, and in case of organization /company to their market/ product / service value will be strengthened.
* SEMFO plan would increase a country’s GDP growth rate from lower stage in short period.
* SEMFO plan would overcome current account deficit besides domestic and foreign reserves problems by implementing a Constant Reserves Policy. Domestic and foreign investment would be brought at a very lucrative level.
• By implementing the said SEMFO Plan, there would be no need to slash a huge developmental amount from budget; instead of this, a country’s budget would have adequate finance for social and development programs.
• SEMFO would enable people with a stable and positive purchasing power while a specific country will be able to get the image of an investment heaven country. Providing international image building and lobbying will be part of SEMFO Plan‘s strategy in this regard to attract large number of local and foreign investors under secure environment.
• SEMFO plan can help to prepare a "Credible Recovery Plan" of a specific country for submitting them before international donor agencies, countries and monetary organizations like the IMF, WB etc as well as their domestic banks or agencies. This would enable a country to acquire credible monetary and economic status and to get rid of heavy domestic and foreign debts’ burden.
• While adopting the proposed SEMFO plan, a country and organization would be part of an international Food and Energy Resources Generating and Planning Campaign. Being part of that campaign, a country or organization would be able to get its own profit in terms of food, energy and financial benefits besides having their global share towards Social Responsibility Performance.
As the above-mentioned plan is a GLOBAL SOCIO-ECONOMIC MODEL, I offer my formula plan to help all countries and organizations of the world confronting either the worst or less global recession.
Presently SEMFO Pakistan Model and SEMFO African Model are under consideration for providing practical and profiteering solutions for their socio-economic betterment.

About Moderator(s)




Saeed Khan Abbasi:Chairman/Chief Executive/Owner

Saeed Khan Abbasi is from Karachi Pakistan (South Asia), with Socio-Economic, Media ,Lobbying, Image building and Community Learning skills. Saeed Abbasi has been engaged with print & electronic media News & Current Affairs responsibilities with different news papers and later on with a local private satellite television channel in Karachi (Pakistan). He has extensive experience of community development and Socio-economic analysis, while despite lack of resources he researched and announced a unique Socio-Economic Management Formula (SEMFO) Plan to confront recession. Presently he is engaged with lunching his proposed SEMFO Plan theory as a global consultancy think-tank to provide services all over the world.