Death by perks
Pakistan faces a horrendous economic crisis, where the state must take on vast foreign and domestic debts, not to invest in socio-economic development projects, but to pay exorbitant salaries, pensions, and perks. If anything, we need to lower the public payroll and reform public-sector salaries and pensions. We have witnessed the collapse of the Soviet Union, which despite being the equal of US and Nato in military terms, failed to achieve the pace of economic progress needed to cater for the welfare and aspirations of the masses. To avoid a similar fate, now is the time to rectify our bloated public sector and revive the moribund private economy.
It is an established fact that our expenditure on the bureaucracy far exceeds our means and has become a burden on this nation. There is no rationale for the wide gap in pay between our managers, doctors, engineers, and our high-ranking bureaucrats. For a country like Pakistan foreign loans should only be procured for investment in vital infrastructure, health, and R&D with not a penny for a salary raise. Sanity must prevail before it is too late, and we become so bankrupt that our vital nuclear deterrence may be compromised. It is the economy that sustains national security and not vice versa.
Malik Tariq Ali
Lahore
-
Lola Young Makes Reflective Statement About Mental Health: 'Recovery Doesn't Necessarily Mean Drug Recovery' -
XAI’s Last Original Co-founder Leaves Company -
Lola Young ‘holistic’ Choice To Treat Addiction Post Onstage Fall -
Mother Of Edo Mapelli Mozzi's Ex-fiancé Breaks Silence On Princess Beatrice -
Lisa Kudrow Roots For Michael Patrick King’s Milestone -
David Alan Grier Gets Real About His Biggest Career Miss -
Economic Outlook: How AI Could Reshape London’s Business Landscape -
Why Smartphones, Laptops, And Gaming Gear Are Costing More? -
Aimee Lou Wood Rethinks Obsession With Astrology After 'The White Lotus' Role -
Kim Novak Criticises Sydney Sweeney ‘Scandalous!’ Role: ‘Totally Wrong’ -
Myles Bailey Stretchered Off After Leg Injury In Florida State Game Against Duke -
Harry Called Prince William A ‘country Bumpkin’? Biographer Exposes His Issues With Middletons -
COVID-19 ‘Cicada’ Variant: Here’s Everything To Know -
Audra McDonald Reveals 'three Weeks' Rule Making Her 13-year Marriage To Will Swenson Work -
Canucks Vs Flames: Calgary Powers Past Vancouver With Big Second Period In 7-3 Win -
Andrew Garfield Spills On Secret 'creeper Accounts': 'They've Figured Us Out'