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Sunday, November 24, 2024

Save Pakistan from bankruptcy - The Nation

Last updated Wednesday, November 10, 2021 13:57 ET

Pakistan is going through a bad patch of its history due to our inadequate economic policies which have created non-bearable heavy foreign and local loans leaving the country in a dangerous crisis. I was watching political developments in the country since last week, especially the slogans and speeches by the white-collar politicians of our country.
I have been raising my voice against the continuous depreciation of the rupee and increase in prices of basic food commodities, oil, and petroleum products and advising the government to take necessary steps but the government does not seem serious in addressing the country’s serious financial problems and its root causes. I am glad that some political parties gradually decided to take the lead based on my research. The public needs to know if it is a genuine move against price hike or the creation of some political fears/space through ‘fear technology’. This idea was used by me for the first time in one of my reports submitted to the then President Asif Ali Zardari while handling day-to-day statecraft and I will mention its context sometimes later. Briefly, fear technology has multiple uses in the intelligence world.
It is very disappointing to see hollow slogans against price hikes from some of the political elite class whereas no one among the elite political class could be seen on the stage or parliament to tell the world about the daily suffering of the public. Unfortunately, one does not appear to spot any representative...



Read Full Story: https://nation.com.pk/11-Nov-2021/save-pakistan-from-bankruptcy

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