Posts Tagged ‘World’
A Fit Case for Pakistan to Demand from the IMF & the WB Odious Debt Write off
By Nadeem M Qureshi
In 2008 when the PPP government of President Asif Zardari took office Pakistan’s total foreign debt was about $40 billion. Today, at the end of the PPP government’s term, it is $60 billion. Twenty billion dollars of new debt has been added. As the Government of Nawaz Sharif begins negotiations with the IMF to seek more loans, the people of Pakistan need to ask two basic questions. The first is: What happened to this money?
By almost any economic indicator people are worse off today than they were five years ago. Unemployment and inflation are higher. Vital infrastructure – railways, roads, public transport, hospitals, schools, water supply and sewage systems – have deteriorated to unprecedented and unacceptable levels. It is almost as though the $20 billion has vanished into thin air.
Well, some of it has. Consider, for example, the single case of the purchase of Boeing 777 aircraft by Pakistan International Airlines in 2011. Transparency International Pakistan maintains that of the $1.5 billion paid for the aircraft, $500 million were diverted as kickbacks to the government functionaries. Multiply this by dozens of multibillion dollar deals over five years, across different economic sectors, and it is clear that many of the billions taken in the name of the people of Pakistan have disappeared into private bank accounts.
Not all of the $20 billion is unaccounted for. Some of it is on rude display in the fleets of bullet proof luxury vehicles of politicians and bureaucrats. Less visible is the money spent on acquiring and maintaining the fleet of private jets at the disposal of the country’s ‘leaders’ and their acolytes. Also hidden from view but widely reported are the luxurious lifestyles of the people’s ‘servants’. A distasteful example of this was the news that the government planned to spend Rs. 260 million to renovate the President’s kitchen.
The second question that the people of Pakistan are entitled to ask is this: Should they be liable to pay back money taken in their name but used almost exclusively to enrich the ruling coterie? It is clear that the highly paid international bureaucrats who work for the IMF are not stupid. It cannot have escaped them that the money they are doling out is misused, or worse, stolen. Why then should the people of Pakistan pay for their willful negligence? This raises issues of legality and precedent. Is it lawful for a country to refute debt taken on by corrupt politicians? And, are there any precedents for this? The answer to both questions is yes.
The concept of odious debt was established in international law by Alexander Nahum Sack, a Russian born jurisprudence expert, in a paper published in Paris in 1927. Odious debt “is a legal theory that holds that the national debt incurred by a regime for purposes that do not serve the best interests of the nation, should not be enforceable. Such debts are, thus, considered by this doctrine to be personal debts of the regime that incurred them and not debts of the state.”
The doctrine further suggests that since odious debt is deemed the personal debt of the rulers in power at the time the debt was secured, recovery should be from their personal assets. There are also several precedents in which countries have repudiated national debt. The United States set the first precedent of odious debt when it seized control of Cuba from Spain. Spain insisted that Cuba repay the loans made to them by Spain. The U.S. repudiated that debt, arguing that the debt was imposed on Cuba by force of arms and served Spain’s interest rather than Cuba’s, and that the debt therefore ought not be repaid.
The debt was annulled. In recent times, there is the example of Haiti. When the dictator Jean Claude Duvalier was overthrown in 1986, 66 US senators supported a resolution calling for cancellation of Haiti’s debt on the grounds that the money was misused. In the end, half of Haiti’s debt was written off.
By far the most effective use of the ‘odious debt’ doctrine in recent times is by President Rafael Correa of Ecuador. In 2008 he repudiated Ecuador’s national debt of $ 3 billion and announced the country would default and fight creditors in international courts. He succeeded eventually in getting a 60% write off on Ecuador’s debt.
Sadly, it is doubtful that Pakistan’s current leaders will be able to take the IMF bull by its horns. They lack the competence, integrity and, yes the intelligence, to do so. What a tragedy for the poor people of Pakistan who will continue to pay for their leaders’ larceny.
(The writer is Chairman of Mustaqbil Pakistan)
Moreover, Mr. Naeem Sadiq wrote on 12, July 2013 in the daily “The News” quoted as below.
Quote.”Dear Bank
Naeem Sadiq
TheNews
Friday, July 12, 2013
Many thanks for the $5.3 billion loan. One small step for a bank, a giant leap for a chronic borrower. I can proudly claim that my debt, steadily rising every year, has now reached $66.17 billion. This would mean that every member of my family must cough out $366 to repay this loan. This can only happen if we all stop eating, drinking – in fact living – for the next 10 months. Is that what they also call collective suicide? I made sure not to consult my unenthusiastic family, on whose behalf these loans were taken. They never seem to agree with my lifesaving – or should I say death-delaying? – initiatives. You too must be equally ecstatic. After all you end up gaining the most. You will retain most of this amount as repayment of the earlier loan, while my unflinching yearly debt-servicing will keep you charmed for a long time to come.
You had raised a number of questions before you approved the loans. Why is it that despite such massive borrowing, my family shows no signs of getting any better? Why are 50 percent of the family members illiterate and 60 percent below poverty level? Why are half the children out of school? Why is there no electricity half the time? Why does no one in the family have access to clean tap water?
You also wanted to know the reasons for the striking disparity in the lifestyle of some other members of our family. They move about with armed guards in obscenely large vehicles (often smuggled), live in luxury homes, have properties and cash stacked in foreign lands and drink corporate soda or water only from those neat-looking plastic bottles. It is only this segment of the family that is forever pushing for more loans. They are the ones who justify the bank’s slogan of ‘poverty alleviation’ – since this is the only group whose poverty gets truly alleviated.
My sixth sense tells me that you already know the answers to all these questions. You were merely going through the motions, filling forms, giving an impression of officious formality and appropriateness. The fact that I earn little, waste a lot and pilfer the most, makes me an ideal customer for the sort of business you are in. I have learnt to plead my case by closely studying beggars who flock the streets of Karachi during the holy month of Ramazan every year. I use exactly the same techniques with only three minor variations – dress, language and location.
Now, some bad news for you. My entire family, except those very few who gained the most from your loans, got together last night to say that they would no longer tolerate being pushed into this bottomless cesspool.
When I gave them your message that they needed to tighten their belts, they said they were too poor and did not have any belts to tighten. They said they were fed up of the loans taken on their name – the loans that make the elite of the family get richer and have still more fun. The mounting loans have made them poorer than before and taken away the last shreds of dignity that covered their half-naked bodies. Getting crumbs like 0.8 percent for health and 1.8 percent for education made them still more unhealthy, and yet more uneducated.
In simple words, my family has decided not just to stop seeking any further loans but to also stop any further debt-servicing. An unemployed maths teacher in my family spent some time to calculate that we paid $37.2 billion as debt-servicing alone in the last eight years. This is many times more than the principal amount that we borrowed during this period.
We are absolutely sure that there is no law that can force us to close our schools, starve our children, privatise our resources and abandon our welfare, simply because our selfish elders borrowed huge sums on behalf of those who cannot even spell the word ‘loan’ or have ever seen a bank from the inside.
Having paid off the principal amount several times over, we have a good reason to ask for total debt cancellation and an immediate freeze on any further debt-servicing. Do you realise that discovering a new mode of dying – by getting trampled while struggling to receive free food donations – speaks volumes about the poverty that your loans have been able to alleviate?
Sincerely,
Issac.dare@gmail.com
naeem sadiq
twitter : @saynotoweapons ” Unquote.
An Ode for Mr. Ishaq Dar, the World Bank and the IMF
Attention Mr. Ishaq Dar, the IMF and the World Bank.
we paid $37.2 billion as debt-servicing alone in the last eight years. This is many times more than the principal amount that we borrowed during this period.
An Eye Opener by Mr. Naeem Sadiq
Dear Bank
Naeem Sadiq
TheNews
Friday, July 12, 2013
Many thanks for the $5.3 billion loan. One small step for a bank, a giant leap for a chronic borrower. I can proudly claim that my debt, steadily rising every year, has now reached $66.17 billion. This would mean that every member of my family must cough out $366 to repay this loan. This can only happen if we all stop eating, drinking – in fact living – for the next 10 months. Is that what they also call collective suicide? I made sure not to consult my unenthusiastic family, on whose behalf these loans were taken. They never seem to agree with my lifesaving – or should I say death-delaying? – initiatives. You too must be equally ecstatic. After all you end up gaining the most. You will retain most of this amount as repayment of the earlier loan, while my unflinching yearly debt-servicing will keep you charmed for a long time to come.
You had raised a number of questions before you approved the loans. Why is it that despite such massive borrowing, my family shows no signs of getting any better? Why are 50 percent of the family members illiterate and 60 percent below poverty level? Why are half the children out of school? Why is there no electricity half the time? Why does no one in the family have access to clean tap water?
You also wanted to know the reasons for the striking disparity in the lifestyle of some other members of our family. They move about with armed guards in obscenely large vehicles (often smuggled), live in luxury homes, have properties and cash stacked in foreign lands and drink corporate soda or water only from those neat-looking plastic bottles. It is only this segment of the family that is forever pushing for more loans. They are the ones who justify the bank’s slogan of ‘poverty alleviation’ – since this is the only group whose poverty gets truly alleviated.
My sixth sense tells me that you already know the answers to all these questions. You were merely going through the motions, filling forms, giving an impression of officious formality and appropriateness. The fact that I earn little, waste a lot and pilfer the most, makes me an ideal customer for the sort of business you are in. I have learnt to plead my case by closely studying beggars who flock the streets of Karachi during the holy month of Ramazan every year. I use exactly the same techniques with only three minor variations – dress, language and location.
Now, some bad news for you. My entire family, except those very few who gained the most from your loans, got together last night to say that they would no longer tolerate being pushed into this bottomless cesspool.
When I gave them your message that they needed to tighten their belts, they said they were too poor and did not have any belts to tighten. They said they were fed up of the loans taken on their name – the loans that make the elite of the family get richer and have still more fun. The mounting loans have made them poorer than before and taken away the last shreds of dignity that covered their half-naked bodies. Getting crumbs like 0.8 percent for health and 1.8 percent for education made them still more unhealthy, and yet more uneducated.
In simple words, my family has decided not just to stop seeking any further loans but to also stop any further debt-servicing. An unemployed maths teacher in my family spent some time to calculate that we paid $37.2 billion as debt-servicing alone in the last eight years. This is many times more than the principal amount that we borrowed during this period.
We are absolutely sure that there is no law that can force us to close our schools, starve our children, privatise our resources and abandon our welfare, simply because our selfish elders borrowed huge sums on behalf of those who cannot even spell the word ‘loan’ or have ever seen a bank from the inside.
Having paid off the principal amount several times over, we have a good reason to ask for total debt cancellation and an immediate freeze on any further debt-servicing. Do you realise that discovering a new mode of dying – by getting trampled while struggling to receive free food donations – speaks volumes about the poverty that your loans have been able to alleviate?
Sincerely,
Issac.dare@gmail.com
naeem sadiq
twitter : @saynotoweapons
———————————————————————
How the state promotes crime and militancy. Look at the yearly average for prohibited bore licenses (PB) and non prohibited bore licenses (NPB) issued in last 10 years to the rich and powerful, to friends and relatives and to party men and criminals.
Yearly average of PB licenses, from 2003 to 2007………361
Yearly average of PB licenses, from 2008 to 2012 ………13895
Yearly average of NPB licenses, from 2003 to 2007………15261
Yearly average of NPB licenses, from 2008 to 2012 ………240494
Ref: official info obtained by using FOI and SC Suo moto case 16/2011
Mr. PM! There are three options to avoid IMF loan
The daily “The News” published the following on Thursday, 27 June 27, 2013 at page # 4.
Link:- http://e.thenews.com.pk/6-27-2013/page4.asp#;
Link:- http://images.thenews.com.pk/27-06-2013/ethenews/t-23752.htm
Mr. PM! There are three options to avoid IMF loan
ISLAMABAD: Renowned economist Syed Nayyar Uddin Ahmad has written an open letter to the Prime Minister Main Muhammad Nawaz Sharif, in which he has suggested three out of the box solutions to avoid taking loan from the IMF.
The following is the text of the letter:
H’able Prime Minister Mian Muhammad Nawaz Sharif Sahib;
Salaam.
I am fully convinced that you still firmly believe in the content and spirit of the subject mentioned poetry (AY TAIER E LAHOUTI USS RIZQ SAY MAUT ACHI JIS RIZQ SAY AATI HOO PARWAZ MEIN KOOTAHI), which was also the punch line of one of your elections 2013 advertisements.
However, I was really disappointed by the speech of Mr Ishaq Dar, which he delivered at the NA on Saturday, 22 June, 2013.
Hope you remember very well, how the timid Pervez Musharraf had told the nation that if he had not accepted the US demands of war on terror, Pakistan would have been bombed by the USA, to the Stone Age. Similarly, Mr Ishaq Dar had tried to scare the nation, by saying that if Pakistan doesn’t take further loan from the IMF, for the repayment of the old loans, it will go into default. By the way we’ve paid off the principal anyway, as have dozens of countries, some several times over. In any case, when Argentina, Ecuador, even Dubai, defaulted heavens didn’t fall.
Sir, perhaps you remember, in one of my recent emails it was stated that “Fatemi Sahab, don’t make Musharraf of Mian Nawaz Sharif Sahab. Remember, a timid person can be a ruler but he can never be a leader. It’s the duty of the advisors to never leave the PM or the president, in a state, where he is forced to make decisions under the influence of fear. This can only be done if the advisor informs the leader all the strong and weak points in a balanced manner.”
I also hope that Mr Ishaq Dar knows very well the dirty role of the world lending agencies as exposed in his famous book “Confessions of an Economic Hit Man” written by John Perkins and published in 2004.
According to his book, Perkins’ function was to convince the political and financial leadership of underdeveloped countries to accept enormous development loans from institutions like the World Bank and USAID. Saddled with debts they could not hope to pay, those countries were forced to acquiesce to political pressure from the United States on a variety of issues. Perkins argues in his book that developing nations were effectively neutralized politically, had their wealth gaps driven wider and economies crippled in the long run. In this capacity Perkins recounts his meetings with some prominent individuals, including Graham Greene and Omar Torrijos. Perkins describes the role of an Economic Hit Man (EHM) as follows:
“Economic hit men (EHMs) are highly-paid professionals who cheat countries around the globe out of trillions of dollars. They funnel money from the World Bank, the US Agency for International Development (USAID) and other foreign “aid” organizations into the coffers of huge corporations and the pockets of a few wealthy families who control the planet’s natural resources. Their tools included fraudulent financial reports, rigged elections, payoffs, extortion, sex, and murder. They play a game as old as empire, but one that has taken on new and terrifying dimensions during this time of globalization.”
In 1988, economist Davison Budhoo revealed in his 22-page resignation letter – more of an expose of IMF ‘expertise’ – after his 11 years with it: “When we went on a mission, we did not even have the scope to innovate, to look at the country and make projections, that you thought were reasonable… there was already a briefing paper before we entered the country. We were told what we were expected to do, and give conditionality in terms of what the fiscal deficit was and how much it should be reduced; even before we entered the mission… we were expected to structure our findings in relation to the figures in the briefing paper, which were put there without any research, and were predetermined. So the conditionality was also predetermined… In this sense, every IMF mission is fraudulent even today…”
Mr. Prime Minister, not that I am only saying that your government must not take IMF loan to pay the old loan, which will be the biggest trap for our future generations; but I have also given three out of the box solutions (at the bottom of this write up) for Pakistan, to resolve this issue of old IMF loan payments, without taking fresh loans from the IMF.
As has been reported in the media, now a days, an IMF delegation is visiting Pakistan to offer fresh loan of $5-7 billion, to be mostly utilized by Pakistan, for the repayment of old IMF loan.
It is very surprising that PML-N’s government is not working on the lines to ask the IMF to have a heart; and be patient with our loan repayments, considering the fact that Pakistan has been totally destroyed during the last 15 years of war on terror, jointly fighting with 49 NATO countries as a major non NATO ally. Moreover, this war has inflicted more men and material losses on Pakistan than the combined losses of the 49 NATO countries. As such, Pakistan has a right to be given some moratorium in its repayment of IMF loans. Even otherwise, Pakistan has already repaid more than the entire amount of the loan by partnering the West in its WOT; and also by not demanding any penny from the NATO for the military over flights to and from Afghanistan. Here, the NATO must also be reminded that at the beginning of the Iraq war, NATO offered more than $20 billion to the Turkish government, for the over flights.
Mr. Prime Minister, every student of economics knows that never to use good money to chase bad money. Hence, there is no logic in seeking fresh loan to repay the old loan. This is a sure shot recipe for disaster, just like treating a cancer patient with fake medicines. IMF should be clearly told that Pakistan was well within its rights, to have asked for the write off, of the remaining unpaid amount of their loan. However, what we are seeking is just a moratorium.
Pakistan cannot afford to pay IMF’s remaining loan, over the peril of its economic demise.
In this regard, you may also order the Foreign Office to contact all the 49 NATO governments, to garner moral and financial support for Pakistan, so that we are also able to strongly look after their interests, in providing all the necessary facilities for their troops in Afghanistan. The USA and the NATO should also be reminded that Pakistan is not charging a single penny for their military over flights, for which they offered more than $20 billion to Turkey, during the last Iraq war.
As such, Pakistan’s whole hearted cooperation in the WOT deserves matching reciprocal response in the shape of using their influence in IMF, to facilitate Pakistan by way of at least 20 years moratorium in the IMF loan repayments.
Just for your information, I am reproducing below my six questions to the then finance minister of Pakistan, Mr. Abdul Hafeez Sheikh, which remained un-replied till date, but are an eye opener, that how Pakistan was plundered by the past government.
1. Pakistan is repaying $7.6 billion to the IMF. Did we receive exactly this much amount or the total sum was less than this figure?
2. How much amount of interest Pakistan will be paying over the principle sum of this loan of $7.6 billion from the IMF? Or the IMF will be charging interest on the whole sanctioned amount of $11.3billion?
3. Did Pakistan pay and what was the total bill for the travelling, boarding and lodging of IMF delegation’s recent visit to UAE, for discussions with our economic team?
4. Besides the interest, how much service, handler’s commission and or other charges were deducted by the IMF, on its loan of $7.6 billion to Pakistan?
V.V. Important Question.
5. How much service charges or penalty was charged by the IMF to Pakistan, for not utilizing or obtaining the remaining $3.7 billion amount, from the originally sanctioned loan amount of $11.3 billion; because Pakistan got only $7.6 billion from IMF?
6. When will Pakistan get its overdue payment of $800 million from the Etisalat Telecom?
Sir, I apprehend that Pakistan was being forced to pay back the loan with penalties for not utilizing the sanctioned amount of $11.3 billion IMF loan.
Remember, we got only $7.6 billion from the sanctioned amount. As such, IMF and the West are treating Pakistan like a conquered country, rather than a major non-NATO ally in the world war on terror (WWOT).
As far as the question of generating foreign exchange is the issue, the concerned may be advised to proceed on the following lines:
1. Like India did many years ago, we may also keep our gold as a security, with some of friendly country(s), in lieu of obtaining matching amount of foreign exchange.
2. Recently Abu Dhabi helped Dubai, in its financial crisis, by providing 10 billion US dollars. We can also approach our friends to help us on the same terms.
3. As a last resort, if the West and the NATO countries have decided not to help Pakistan in our financial crisis, and they are forcing us to take the loan from the IMF, to repay its previous liabilities; and for which they are not even ready to reschedule our loans, as was done with Pakistan in the Pervez Musharraf’s era, when Paris Club loans of Pakistan were rescheduled, then instead of going for the default option, we should offer nuclear umbrella, in exchange of a reasonable amount of payment, to our friends in the gulf and the Middle East, from the Oman to Syria, who are always weary, of the Israeli nuclear blackmail. I know this will cause a lot of furor in the West led by the USA, Israel and India, but they can be told in plain words that if a nuclear Pakistan goes bankrupt, it will be more dangerous for the whole region and severely catastrophic for the world. And after all, we will be going for this option only to repay their outstanding loans, so that the coffers of the West are kept full. As far Pakistan is concerned, it has already been forced to live in a Stone Age, fighting their imposed WOT, for the last more than a decade.
Email address: nayyar51@hotmail.com
Imran Khan No.1 Most Powerful World Leader ( Non Ruler Non International Position Holder )
Great news for Imran Khan for being rated as world No. 1 & 3.
Without prejudice to the former President of Pakistan Gen (retd) Pervez Musharraf or incumbent President Asif Ali Zardari or for that matter Nawaz Sharif, as per Global Post, none but Imran Khan, has been ranked amongst nine most powerful leaders of the world.
Where none of the three mentioned earlier have any place proves who is who.
Incidentally, it must be mentioned that all other persons except Imran Khan, are either rulers in their countries or holding international position. Whereas, Imran does not fall under such category which as such elevates him a bit higher than those.
Link:-http://www.nation.com.pk/pakistan-news-newspaper-daily-english-online/letters/12-Apr-2013/number-three-in-world
World Bank Have a Heart & Don’t Joke With Hungry People
Today on 28th April, 2013 again the World Bank and the UNO have asked the question that how to end the poverty from the world?
My Reply
Since, a recent study tells that countries which took loans from WB & IMF have experienced increasing suicide rates, there is hardly any answer required to the question, that; what it will take to end the poverty?
Moreover, who else know better than WB, IMF & UNO that 90% of the loans given to poor countries by the WB & IMF etc., is taken back in the shape of consultant fees and other such charges. In the end, the poor loan recipient countries hardly get about 10% of the benefits from your loans and they pay back 100% of the loan with very heavy interest charges as well.
The biggest proof of the failure of your policies are that you give fresh loans to repay the old loans.
During Musharraf era, there was a shocking news that in one particular loan case, it was conditional to hire the wife of the WB country chief, as consultant; and Pakistan was forced to pay her fees at an exorbitant rate equal to 65% of the total loan amount. No action was done by your anti-corruption department against that country Chief of Pakistan.
Your extremely hard/harsh loan terms are killing the poorest of the poor people in many ways, what to talk of poverty.
Don’t forget that very soon WB & IMF, may be tried for crimes against humanity; because your loans not only breeds and enhances corruption, they increase poverty, which also breeds terrorism.
Kindly immediately revisit all the inhuman terms and conditions of your loans, particularly given to the poor and developing countries; and also consider writing off these loans which are in fact, sucking blood from the poorest of the poor, to serve the lavish life styles of your employees, consultants, advisers and contractors etc.
So, this is the real face of the world loan giving agencies to the poor countries and then you have the audacity to ask questions and suggestions that how to end the poverty and hunger from the world, where EVERY NIGHT ONE BILLION PEOPLE SLEEP HUNGRY ON THIS PLANET.
HOPE YOU WILL NOT BE SO CALLOUS AND NOT REPEAT THIS JOKE WITH OVER ONE BILLION HUNGRY PEOPLE AGAIN.
An Open Letter to Mr. Barack Obama President of the United States
Dear Mr. Barack Obama,
Salaam.
Pakistan still remembers that you said “Pakistan was an enormous country”, during your last visit to India and now Mr. Leon Panetta, has very rightly said that stable Pak-US relations are critical to Afghan success.
In my opinion, after you Excellency, your Secretary of Defense, is the only man in the world, who can restore the snapped relations with Pakistan, provided he is given the ultimate authority to negotiate new terms of engagements, which in the end, must be a win win situation, for both the parties.
However, it must be remembered that stability of our relations won’t come over the blood of our martyred soldiers. Muslims are never taught to offer the other cheek, if slapped on one.
US and the NATO must understand our psyche, before even thinking of building stable relationship with Pakistan.
The only way to reach out Pakistan, for it’s cooperation and friendship, is to first recognize what it has sacrificed, for the imposed war and then deal on mutual and equal terms. Else, acrimony will stay permanently, even if some ad-hoc measures, diffuse the situation for the time being.
Wishing you, your family and all Americans, a very happy Christmas and Seasons Greetings.
Best regards,
Syed Nayyar Uddin Ahmad
Lahore – Pakistan.
Pakistan Must Demand From Swiss Government To Return Money In Swiss Banks
The news reported in the daily “Pakistan Today” (link:- http://www.pakistantoday.com.pk/2011/09/pakistan-has-97-billion-dollars-in-swiss-banks-director-swiss-bank/#IDComment194865889) that Swiss banks have 97 billion dollars, is a smoke screen to mislead the general public. By no means this figure can be less than 200 billion dollars i.e. more than three times the existing foreign debt of Pakistan.
Leaving aside the exact amount of Pakistan’s money in the Swiss banks, our civilian government & parliament, military establisment, bench and bar & the media must devise some mechanism (following the US government’s successful initiative with the Swiss government) to very strongly take up the issue with Swiss government, to immediately return back our money deposited in Swiss banks.
This is all the more necessary for the very survival of Pakistan (Indian defense budget is going to increase from 36 billion dollars to 60 billion dollars in next few years versus Pakistan’s current defense budget of 4-5 billion dollars). Moreover, Pakistan’s economic growth and development is absolutely necessary to stabilize the country to successfully fight the war on terror for the entire world. And we will not be demanding any charity from the Swiss government.
This money belongs to the people of Pakistan and the entire nation (including ruling parties and the opposition) is fully united on this issue. Rather, it will be the biggest gift from the Asif Ali Zardari led PPP to the nation for which voters will elect them to serve the nation for at least 100 years. So come on PPP, rise to the occasion, it is the golden chance for you to re-build a new properous & peaceful Pakistan.
America Honours Boxer Amir Khan – Pakistan Government Waiting?
As reported on a T.V. Channel, British born Pakistani boxer Mr. Amir Khan, who won in July 2011 world boxing light welterweight championship title at LAS VEGAS, by defeating Zab Judah, has been honoured by President Barack Obama with a dinner at White House, which was also attended by the Secretary of State Hillary Rodham Clinton and many other specially invited Muslim sportsmen.
Here in Pakistan, we are still awaiting decision from the government on a suggestion (Link:- https://www.snayyar.com/pride-of-performance-for-amir-khan-world-boxing-light-welterweight-champion.html), for awarding Pride of Performance to Mr. Amir Khan who brought so much joy, happiness and pride to the Pakistanis in particular and Muslims all over the world, by lifting world boxing light welterweight championship title, while specially wearing green and white Pakistani national colour.
Come on Mr. Asif Ali Zardari and Syed Yousaf Raza Gilani act quickly, lest you may miss this golden opportunity to act according to the wishes of the billions of Muslims world over and win their hearts.
Golden Words – World Breaks Everyone
| “The world breaks everyone and afterward many are stronger in the broken places.” |
| Ernest Hemingway (1899-1961);
novelist, Nobel Prize winner |
My Website Statistics 15 Nov. 2010 – 30 June 2011
The statistics of my website www.snayyar.com during the period 15 Nov. 2010 – 30 June 2011, reveals that by the Grace of Allah, it has received hits from 853 cities (from USA alone, 301 cities) of 96 world countries.




