Islam & Pakistan! Technology & Me!
Posts tagged economy
The PEACE Act 2009 (Kerry-Lugar Bill)
Jun 27th
The PPP government celebrates the passing of the “Pakistan Enduring Assistance and Cooperation Enhancement Act” by the USA Congress which would provide an estimated $1.5 billion per year in financial assistance to Pakistan for the next 5 years. The conditions that have been set for the provision of this assistance are, to say the least, humiliating for any patriotic Pakistani.
The conditions associated with this bill constitute most text of the text this bill contains which I took the time to read through in detail.
Let me highlight only a few of the absolutely disappointing clauses that are included as “conditions” for this aid:
to ensure access of United States investigators to individuals suspected of engaging in worldwide proliferation of nuclear materials, as necessary, and restrict such individuals from travel or any other activity that could result in further proliferation;
This is a clear indication that the PPP led government is ready to risk a National Security issue of such importance for a small amount of money. By accepting this assistance, the government intends to agree to give the United States access to nuclear scientist, Dr. Abdul Qadeer Khan, which is absolutely NOT acceptable to the people of Pakistan. More >
(No Ratings Yet)
Loading ...Pakistan Democracy fails us.. Yet Again!
Feb 28th
By Laila Sohail
Saturday, 28th February – 2009
How many times does it take to fool someone? Once? Twice? Over and over again? No, Mr Sharif is not the one I am referring to, no need to keep count for natural fools. I am referring to the people of this country. Fooled once, fooled too many times.
The ugliest face of Pakistani politics unmasks itself once again. Burning buildings, blocked roads and angry jiyalas: welcome to Pakistani democracy. First we had an incompetent government, and now we have an opposition to match. The current government is a failed one with only individual self actualization on its agenda, and the future one is sure to bring times that are as dark.
There is no plan for the economic crises. There may be an inflated cabinet in place and countless committees formed, but there is no policy for any issue we are facing on ground. With the newly begun wrestling match, things will only go from bad to worse.
During the current global economic recession, private companies are announcing budget cuts and cost cutting measures, and while the government budget deficit is alarmingly high, the extravagance is no less. Dinner parties, huge entourages and foreign trips, our elites know how to maintain their life styles, while the common man struggles to earn a decent meal with the rising inflation. PEPCO may run all the advertisements it wants on television, but how can you ask a man to minimize the use of the one light bulb he can afford in his house, while he sees those in the Capital residing comfortably in dazzling buildings.
The Tourism Minister Maulana Attaur Rehman has been sent for a visit to the beaches in South France and Switzerland, so that the romantic peaceful environment may help him think of more innovative ideas to attract tourists. Maulana Sahib here is an idea: start by cleaning the beaches, more tourists may be attracted if they are assured there is no danger of getting throat and eye infections at the Clifton beach. AND I did not have to go to France to think of it.
Corruption, favoritism and nepotism characterize power struggle. There is overstaffing in the government and semi government departments, even the PPP workers who had lost their jobs ten years ago are being reinstated. Cars with number plates that say NAZIM (translation: do not mess with me, I am king) rule the roads, as for the jeeps with dark windows; it is impossible to see what their number plates say as they go zipping past. Accountability is a word only found in the dictionary. The PIA building in Rawalpindi looks like an inartistically designed PPP poster. Coins and stamps with political leaders’ faces on them, Bhutto family pictures replacing the pictures of Quaid-e-Azam and a Prime Minister who says that he is a member of a party, and will follow the party decision, even if he disagrees with it…this is Bhutto land. So all that is important is that we keep remembering the great legacy of our rulers, the rest of the trivialities we are already used to.
A hand written undisclosed will determines the future of the biggest political party in Pakistan. A piece of paper called the NRO turned a man facing charges (including criminal ones) into the President of the country. The lust for power brought the two arch rival parties together, until they realized there was only one prize, and the same lust tore them apart. Mr Nawaz Sharif placed his bet on one Mr Iftikhar Chaudhery and the great lawyers’ movement, while Mr Zardari relied on the charm of his wide grin, and the PCO judges. Mr Nawaz Sharif will play his lawyers’ movement card now, and he wants the people to join him. In this battle of the courts, the final decision is yet to be made.
The lawyers’ movement has managed to get quite a bit of attention by the educated class and the media, because of its high claims of standing by principles and reinstating an independent judiciary. All that Mr Iftikhar Chaudhery will do for Nawaz Sharif is what Justice Doghar is doing for Zardari. The precedence set by the NRO will continue to be followed. The 3rd Nov actions may be unconstitutional, but even if the right principles are used for wrong reasons, they still remain wrong reasons. Replacing one pawn with another is not going to achieve the end of an independent judiciary.
So what does it matter if the courts gave a decision against the Sharif brothers? It is just another move in the game we call Pakistani politics. Its now all up to the power of the streets, and a match between the PPP jiyalas and the PML N workers. Mr Sharif is openly calling for policemen and other civil servants to revolt. Students are missing school and taking their energy out by causing violence and destruction on the roads.
The two parties are at each others’ throats again. And it wont really make a difference to any one of them. No matter who wins this round, there is always another one to follow. The only sufferers in this cat fight are the people of Pakistan.
“No one party can fool all of the people all of the time, that’s why we have two parties” Bob Hope.
How literally true for us.
Zardari may be nearing his end, but what is there to rejoice for if Sharif is his replacement?
Whether it is Zardari or Sharif, both are incompetent, and both belong to parties that are non democratic. Both have been given chances, Sharif twice before and Zardari currently {not counting his wife’s tenures} and at the end they have taken more than they have given and the country was better off before them. Both are products of dynasty politics, and neither of them deserves any share in the running of anything…be it the party, or the country. The only thing they can do for the country is to leave it alone, but that is too much to ask.
Unfortunately there will be more to follow. In a disgusting display of defamation and dirty politics, the economy is already being hit, and the security conditions can only worsen. Instead of tightening the belt, its all you can eat…and everyone wants a piece of the cake. So those who think Mr Sharif is some ray of hope…think again. He offers nothing different. He is a part of the same dirty system that brought us here in the first place. The lawyers’ movement is just another power tactic, and the only way to hope for some real change, is to say no to both these leaders. Whether it is from the public, the polity or the military, a third force needs to come up and fight for the interests of the people of Pakistan.
Laila Sohail is a young Pakistani commentator and can be reached at: blabbersboo[at]gmail.com
© 2008. All rights reserved. Ammar360.com
Copying and distribution of this article is permitted provided this copyright notice remains intact.
—————————–
Previous Columns by Ms. Sohail at Ammar360.com:
Time to go solo: Stop Begging, Start Building!
No to the President, No to the media
Wake up, we are already at War
Where there is a will – There is a way! Zardari’s Success Story
(No Ratings Yet) Loading ...Economic Crisis – Only if we hadn’t ignore Jinnah
Dec 25th
By Arsalan Tariq Mir
Friday, 26th December – 2008
While searching for the great Quaid’s speeches on the eve of his birthday I came across this last speech he delivered 2 months before his death. After reading this I understood the real cause of economic crisis we face today, which was well-known to the Quaid-e-Azam on the inauguration of the State Bank of Pakistan.
Quaid-i-Azam’s Speech on the occasion of the Opening Ceremony of The State Bank of Pakistan on 1st July, 1948.
“Mr. Governor, Directors of State Bank, Ladies and Gentlemen.
The opening of the State Bank of Pakistan symbolises the sovereignty of our State in the financial sphere and I am very glad to be here today to perform the opening ceremony. It was not considered feasible to start a Bank of our own simultaneously with the coming into being of Pakistan in August last year. A good deal of preparatory work must precede the inauguration of an institution responsible for such technical and delicate work as note issue and banking. To allow for this preparation, it was provided, under the Pakistan Monetary System and Reserve Bank Order, 1947, that the Reserve Bank of India should continue to be the currency and banking authority of Pakistan till the 30th September, 1948. Later on it was felt that it would be in the best interests of our State if the Reserve Bank of India were relieved of its functions in Pakistan , as early as possible. The State of transfer of these functions to a Pakistan agency was consequently advanced by three months in agreement with the Government of India and the Reserve Bank. It was at the same time decided to establish a Central Bank of Pakistan in preference to any other agency for managing our currency and banking. This decision left very little time for the small band of trained personnel in this field in Pakistan to complete the preliminaries and they have by their untiring effort and hard work completed their task by the due date which is very creditable to them, and I wish to record a note of our appreciation of their labours.
(No Ratings Yet) Loading ...Time to go solo: Stop Begging, Start Building!
Nov 29th
By Laila Sohail
Saturday, 29th November – 2008
The economic crisis has taken us exactly where it was expected…straight into the account books of the big bosses at the IMF We may be told that it’s a do or die situation, but there are options available. We should first get the IMF off our back, and then work on our own development programs. What Pakistan needs right now, is an out of the box solution…and some courage.
The IMF is going to bail us out with 7.6 billion dollars. The interest rate is going to be between 3.51% and 4.51%, but an official announcement is yet to be made. Apparently that’s it. We take $4bn this year, $3.6bn the next, and repay it by 2016. Or at least that’s the part we are told. According to speculations, the deal comes with an implicit price. A 30% cut in the defense budget is demanded. Other cuts may ask for reducing the number of pensionable posts in the government and semi government departments, devaluing the rupee, increasing sales tax by Rs 50billion, and imposing a 7% tax on agriculture.25% of government assets may be kept as mortgage, and the future annual budgets may now be prepared by the IMF and not the Ministry of Finance, so now it is not only at the borders where our sovereignty is compromised.
There are also concerns about the very reasons for going to the IMF. The notion being that the whole economic crisis was exaggerated so as to leave no other options open. The IMF hawks want us to go under, America wants us to go under…and now the government wants us to go under. It may be the last nail in the package to ensure that even the economy is no more independent.
It does not really matter what the intentions of the IMF are. The fact is that the Fund is not a charity institution. Regardless of its noble claims of strengthening countries, it is at the end an institution working in its own interests, and one should not be naive enough to either deny or criticize that. The loans may be meant to stir up the economy, but history has shown us the failures of this policy. One can not blame the IMF for our own ineffectiveness. Borrowing to develop, and then borrowing again to finance the previous borrowing, is a policy that can now safely be called a failure, as we have no development, but only borrowing bills to show for it. More >
(No Ratings Yet) Loading ...Long March ‘Fizzles’ out
Jun 15th
Well done! Well spent! As people in their hundreds flock around utility stores in the country for cheaper food, a long march has come to an end, or has rather ‘fizzled’ out achieving a lot. No! I firmly believe the intention was not just to restore the judges or the judiciary, but several other things in its contrast.
(No Ratings Yet) Loading ...
