My Vision to My Country
“I belive that no country can prosper until the people themselves realises the worth of their country”.
Unity, Faith and Discipline, was the slogan of Mohammad Ali Jinnah but unfortunatley few follow him.Today we are fighting,we are arrogantt and most of all we have corrupt politicans
OVERVIEW
It is an undeniable and well-established fact the last decade was disastrous for Pakistan. While many developing nations made substantial progress, Pakistan lurched from one Energy and economic crisis to another, mainly of its own making. Weak macroeconomic management, lack of commitment and courage to undertake difficult structural reforms, a personalized and politicized state of decision-making and alarming levels of corruption were typical of the quality of governance.
Commercial banks and other financial institutions became instruments of political patronage and profit for favored cronies. The gross mismanagement of public sector enterprises like the Electricity,Water & Power Development Authority, the railways, Pakistan Steel Mills, Pakistan National Shipping Corporation and Pakistan International Airlines, NICL and Hajj Scandle added further to the problems.
Failures in enhancing revenues consistent with growing expenditure requirements, decline in exports and other foreign exchange inflows, imbalances and vitiated caused the insecurity to foregin companies to invest in pakistan. On the political side, successive governments during this decade pursued twin agendas of blatant self-aggrandizement and ruthless revenge. In last 5 years level of living gets down and down and people are unable to get even Necessities of Life. Undesireable and unpredictable load shedding is the gift of Last Government.
In the comity of nations, Pakistan faced isolation and remained on the defensive on a number of issues, which were vital to its international standing. Such a state of affairs had a far-reaching impact on the country’s economic well-being. There was
Unity, Faith and Discipline, was the slogan of Mohammad Ali Jinnah but unfortunatley few follow him.Today we are fighting,we are arrogantt and most of all we have corrupt politicans
OVERVIEW
It is an undeniable and well-established fact the last decade was disastrous for Pakistan. While many developing nations made substantial progress, Pakistan lurched from one Energy and economic crisis to another, mainly of its own making. Weak macroeconomic management, lack of commitment and courage to undertake difficult structural reforms, a personalized and politicized state of decision-making and alarming levels of corruption were typical of the quality of governance.
Commercial banks and other financial institutions became instruments of political patronage and profit for favored cronies. The gross mismanagement of public sector enterprises like the Electricity,Water & Power Development Authority, the railways, Pakistan Steel Mills, Pakistan National Shipping Corporation and Pakistan International Airlines, NICL and Hajj Scandle added further to the problems.
Failures in enhancing revenues consistent with growing expenditure requirements, decline in exports and other foreign exchange inflows, imbalances and vitiated caused the insecurity to foregin companies to invest in pakistan. On the political side, successive governments during this decade pursued twin agendas of blatant self-aggrandizement and ruthless revenge. In last 5 years level of living gets down and down and people are unable to get even Necessities of Life. Undesireable and unpredictable load shedding is the gift of Last Government.
In the comity of nations, Pakistan faced isolation and remained on the defensive on a number of issues, which were vital to its international standing. Such a state of affairs had a far-reaching impact on the country’s economic well-being. There was