Tuesday, March 8, 2011

Condition in Pakistan deteriorating rapidly

My letter on Pakistan's deteriorating condition was published in Sakal Times on 07/03/2011


http://epaper.sakaaltimes.com/SakaalTimes/7Mar2011/Enlarge/page8.htm


Following is the script


"Assassination of Pakistan’s minority’s minister Shahbaz Bhatti on 2nd March & Punjab governer Salman Taseer in January depicts looming uncertainty and danger for the future of minority communities of Pakistan. Two sensible, bright and secular people have fallen victim to a ridiculous law instigated by people who did not understand the basic principle of religion ‘To Live & Let live’. Pakistan’s social fabric is deteriorating rapidly and is being replaced by a dangerous Molotov cocktail of hate, violence & fanaticism. Stephen Cohen, a prominent American political scientist, has said that Pakistan will be a failed state in next 6 years, a serious prediction for a nuclear power.


Pakistan’s economic condition is not healthy either; it is aided by IMF & US. To finance the high budget deficit Pakistan is printing Rs.200 crore everyday, a self destructing strategy which will lead to depreciation of Pak Rupee, loss of foreign currency reserves and hyper inflation. There is no major foreign investment coming in the country, long power cuts have crippled the domestic industry. Businesses are either closing down or are moving out which is leading to rising unemployment. Feudalism, insurgency in Baluchistan & Khyber Pakhtunwa region, regional water dispute, corruption, broken education system, security problem all are adding to the woes of the government headed by two very incompetent leaders. Pakistan today is in dire straits economically, socially, & politically."

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