Pakistan and its military:
The military economy of the state
Pakistan's total GDP in nominal terms: 277billion$
Pakistan military assets owned: 107billion$
Military public financial reports: 27billion$
Non-audited military owned industries worth: 80billion$
Businesses run by Pakistan Army:
Fauji Cereals
Foundation Gas Overseas Employment Services
Fauji Foundation Experimental And Seed Multiplication Farm Associated
Fauji Fertilizer Company Limited
Fauji Fertilizer Bin Qasim Limited
Fauji Cement Company Limited
FFBL Power Company Limited (Fauji Power Company Ltd)
FPCL.
Fauji Kabirwala Power Company Limited
Foundation Power Company Daharki Limited
Mari Petroleum Company Limited
Fauji Akbar Portia Marine Terminal Limited
Fauji Oil Terminal And Distribution Company Limited
Pakistan Maroc Phosphore, S.A., Morocco
Foundation Securities (Pvt) Limited
Askari Bank Limited
Askari Cement Company
Fauji Meat Limited
Fauji Fresh n Freeze
FFC Energy Limited
Fauji Foods Limited
Foundation Wind Energy - I
Foundation Wind Energy - II
100 Fauji Foundation schools
100 Fauji Foundation hospitals
10+ Fauji Foundation other educational institutes
Not all of them are having profits. Only 9 presents financial reports or those who are listed on stock exchange. Musharraf had many times subsidized and bail-out many army owned industries. They arent economists, but they are army-men as well as business-men.
Army Welfare Trust businesses:
Askari Aviation
Mobil Pakistan
Askari Airline Pakistan Askari Tower, Lahore
AWT Investments
Army Welfare Sugar Mills, Badin Askari Project, Lahore
Army Welfare Mess and Blue Lagoon Restaurant, Rawalpindi
Askari Guards, Rawalpindi
Askari Fuels and Petrol Pumps, Rawalpindi
Askari Seeds, Okara
Askari Enterprises, Rawalpindi
Fauji Security Services, Rawalpindi
Askari Apparel, Lahore
Askari Lagoon, Faisalabad
Two stud farms in Pakpattan and Okara
Askari Bank
Askari General Insurance
Askari Life Insurance
Businesses of Pakistan Navy (Bahria Foundation):
Bahria Foundation Schools and Colleges
Bahria Estates
Bahria Maritime Works Organization
Bahria Commercial Businesses
Businesses of Pakistan Air Force (Shaheen Foundation):
FM 100 radio
Shaheen Airport Services
Shaheen Aerotraders
Shaheen Knitwear
Shaheen Complex, Karachi
Shaheen Complex, Lahore
Shaheen Medical Services
Hawk Advertising
Fazaia Welfare Education School System
Fazaia Housing society
SAPS Aviation CollegeAir Eagle Aviation Academy
Shaheen Welfare Housing Scheme, Peshawar
Pakistan's economy is trapped between free capital markets and military inc. where businesses are owned by Ministry of Defense. Only 9 companies give their financial reports. Rest are not audited or dont have the power to do so by Federal Board of Revenue and Auditor General of Pakistan.
Total businesses are over 107billion$. Pensions are easily covered by federal 11.7billion$ budget.
This amount is under the custody of only 7 lac personnel based institutions. Only top cadre officers are involved in all this.
Pakistan's military only has 107billion$ business economy and 11.7billion$ defense budget.
Pakistan's civilian population of 200+ million people have 160billion$ worth GNP if we exclude military inc.
No military ever on this planet Earth has this much control over country's economy. Fauji Foundation alone is the world's largest military corporation in the world.
DARK days are coming....!!
Under El-Sisi, Egypt's military is also controlling economy. Same happened under Nicolas Maduro. Well everyone knows about Venezuelan crisis.
P.S.: This post is for information purpose only and doesnt provide source of propaganda.
Regards:
Mubeen Sajid
superb job.
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