Unfortunately, Pakistan fell into the hands of selfish politicians and dictators soon after independence, and its economy was ruined. It became dependent on foreign aid and loans. Every leader who assumed power claimed to want to root out corruption from the country and work for economic recovery – by borrowing from international lenders.
Ironically, they all blamed their predecessors for creating the need to borrow. At the same time, the government being replaced blamed the incumbent rulers for being IMF puppets. Even now, while the PML-N and the PPP claim that the country is being ‘sold’ to the IMF, the PTI is pinning the blame on them for creating the mess in the first place. One wonders if things will ever change.
Raja Shafaatullah
Islamabad
Once again, Managing Director IMF Kristalina Georgieva has told our government to collect more taxes from the wealthy...
Inflation has touched every product and service one can think of. From flour and sugar to diesel and petrol, it...
Pakistan is one of the most polluted countries in the world, particularly in terms of air pollution. Emissions from...
With the ECP’s recent announcement scheduling the general elections for the last week of January next year, the...
Pakistan is facing a trifecta of challenges: economic crises, political unrest and climate change. The adverse...
The people of Lahore are suffering due to the city’s smog problem. This issue has been raised numerous times in a...
