Posts Tagged ‘aid’
How To Easily Resurrect Pakistan’s Economy
The degree of the sovereignty of a nation is directly proportional to the state of economy of that nation. Actually, in constant growth & development lies our salvation. Secondly, we Pakistanis must know without any doubt, that the easiest and surest way of moving ahead, is to stand on our own feet. Foreign aid, can keep us afloat, but won’t allow us to swim.
Biggest factor in any victory is self confidence. Anti-thesis of terrorism is education, coupled with economic emancipation.
As such, the nation must embark upon the following agenda, to resurrect our economy without any further loss of time.
1. Request to all foreign donors for a 5 years moratorium, on all debt repayments by Pakistan.
2. 20% per annum reduction in all non-developmental government expenditures, plus total freeze in all perks paid from the national exchequer, involving foreign currency.
3. Increase in productivity & exports with liberal tax relief to industry, commerce & trade.
4. Set a target for 20% per annum increase in foreign remittances, by offering innovative incentives to expatriate Pakistanis.
5. Abolish FBR (which will alone increase income by Rs.500 billion) & impose flat 10% tax on all & every type of income, withour any exemption (except for the security forces personnel, whose salaries should be doubled with receipt of un-precedented increase in revenue, due to this formula). This will not only reduce income tax burden on salaried class ( with max. tax rate of 10%) but will also result in so much increase of revenues that government will not require any tax imposition in the budget. Plus, the government will be able to give tax free salaries to all armed forces, rangers, police and other security agencies personnel, who are shedding their blood, in fighting the menace of terrorism, for our safe tomorrow.
6. Initiate steps (by imposing economic emergency) to bring each and every economic activity under document.
Mr. Ambassador! Be Our Friend Not Master
The recent statement of US ambassador to Pakistan that :(ISLAMABAD: US ambassador to Pakistan Cameron Munter has said that the United States has right to interfere in Pakistan’s economic and governance affairs as the former provides funds to it, Geo News reported.
Addressing a ceremony here, Cameron said that the United States provides largest aid to Pakistan, therefore, it has right to interfere in economic and governance affairs.http://www.thenews.com.pk/NewsDetail.aspx?ID=8937) has clearly laid bare the American mind set towards Pakistan.
Although, US president calls Pakistan as an enormous country and an ally of America, who has given tremendous sacrifices in fighting the menace of terrorism, yet, Mr. Munter has the audacity to tell us that America has a right to interfere in our internal affairs, just because we are receiving their aid. By this analogy, can the US ambassador to Israel, give the same statement, because that country is the biggest recipient of US aid?
I will ask Mr. Munter, if helping another country is the criteria for interference in its affairs, then Pakistan has all the right to meddle in the affairs of your country. Hope, you remember our greatest favour, in making America the sole super power. So, before uttering such statements, just weigh our favours to America in monetary terms, and calculate how much you still owe to us, in return of Pakistan’s just one favour to America.
Mr. Munter, should also know that there is a long list of our favours to his great country, starting from permitting U-2 flights over USSR, facilitating Kissinger’s visit to China, saving American soldiers’ life in Somalia etc. He should not force us to think that to call him and his country a friend, is a mistake. Perhaps, he only understand one language taught by the brave people of Vietnam, Iraq & Afghanistan. True friendship, has no meaning in any of his dictionaries.
The government of Pakistan must immediately take notice of this blatant interference in its internal affairs by the American ambassador and send him back to his country. This punishment will restore the sanctity of our integrity and shall be remembered by Munter, throughout his life. This will also send a message to the world, that Pakistan is an honourable nation and it will not offer other cheek, if slapped on one.
Actually, every individual and nation must understand that, one can only be insulted to the extent, it is permitted. In other words you can’t be insulted, more than you allow.



