Unstable Pakistan Prepared To Fight India?

24 01 2009

Pakistan is not only disturbing the economy and the harmony with the neighbouring democratic countries like India and Nepal but also gaining a bad name for itself. If we look at the economical status of Pakistan in the present context, we will see that it is not even prepared to feed its military for two days in the time of war and it is talking of war. What an irony! Their intention is clear for one and all to see. Had the state wanted to spread peace, it would have helped India fight against terror. When New Delhi gave the list of 20 most wanted terrorists, Pakistan first denied that they had taken shelter there and now that there are clear evidences proving the fact, Pak  Prez blatantly refuses to extradite them. This when, Pakistan has emerged as a strategic ally of the United States in the “war on terror. They say that they will tackle the current situation in their own way.

“Pakistan is at the center of gathering firestorm engulfing south and central Asia in the most volatile confrontation since 9/11” says yaleglobal.yale.edu.

Pakistan’s 40% population is employed in Agriculture and poultry farming, the mainstay of economy of Pakistan. Cotton, wheat, rice, sugarcane, fruits, vegetables, and tobacco are the chief crops. Now the scene has been a bit disturbed with the global recession, situation is very gloomy across the nation.
Despite of the fact that it is the third largest recipient of U.S. aid in the world, seeing the current meltdown it seeks hope from Dubai, United Arab Emirates for monetary aid to combat the recession with war looming large on it. On the other hand, Dubai is trying its best to bring the situation to normalcy with negotiation with India.

If you believe the reports from a leading website abcnews.go.com Pakistan’s current deficit soared to $14 billion this year, threatening to prevent the country from being able to pay its foreign debts. Twenty-four percent inflation in the cities — and even higher in rural areas — has made everyday items, especially food, unaffordable for many Pakistanis.

In the last year, 10 million people have become malnourished and now nearly half the country can be considered food insecure, according to the United Nations. The deepening economic crisis, in addition to a huge deficiency of electricity, comes during a time when Pakistan’s security has never been worse. Dr. Bengali, a veteran economist fears the country might be in the risk of defaulting.

“The danger of default will be hovering over the country’s economy if Islamabad remains unable to inject much-needed dollar inflows into the rapidly depleting national kitty,” he warned.

 “Because of our strategic location and the nuclear program, the international powers will not let us default. However, we canno totally depend on that. We have to see in long term.”

While browsing through the website specially meant for Pakistan and its affairs, I found one website called Islamonline.net. I have read some disheartening facts about the current economical balance of the country. Lets believe the website, it says Economic woes have plunged millions of families in the South Asian Muslim country of 170 million below the poverty line. According to government statistics, poverty rate currently stands at 28 percent while independent estimates put it at 40 percent. 

The World Bank and the UN Development Program (UNDP) classify nearly one-quarter of the population as poor. The UN World Food Program (WFP) warns that about 77 million Pakistanis are food insecure, a 28 percent increase from last year. According to government statistics, the consumer price index was nearly 22 percent higher in June than a year earlier.

A kilogram of flour now costs 22 rupees, 70 percent up from last year, while a 49-rupee bag of rice is 123 percent dearer.

The story does not end here…I will continue (Lack of time)

Saurabh Verma


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