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
-
Margaret Cho Finally Reveals Why She Turned Down 'Heated Rivalry' Role -
Hailey Bieber Melts Hearts With Sweet Video Of Son Jack Blue -
Mauricio Umansky Addresses Lala Kent's Claim He Slid Into Her DMs: 'She's A Liar' -
Xi, Trump Hold Friendly Talks As US-China Summit Begins -
Jennifer Lopez Makes Rare Remark About 'Office Romance' Co-star Brett Goldstein -
Late 'Storage Wars' Star Darrell Sheets Receives Emotional Birthday Tribute From Son Brandon -
Kate Middleton Gets Lauded To ‘international Stage’ Representation -
Kate Middleton Shares ‘storytelling’ Glimpses From Time In Italy -
Prince Harry Breaks Silence On Anti Semitic Attacks In Britain -
FIFA World Cup: US Waives Visa Bonds Of Up To $15,000 For Ticket Holders -
Meet Kevin Warsh—The New Fed Chair Confirmed By The US Senate -
Kate Middleton To Italy Trip Could Be Vital For Cancer Recovery -
Prince George Hesitates In Front Of Royal Super Fans -
OpenAI Chief Sam Altman’s Investments Draw Scrutiny In Musk Lawsuit -
King Charles See Driving As ‘sense Of Freedom,’ Says Ex Aide -
How King Charles Leaves Princess Charlotte ‘spellbound’