Patna Express: Pakistan's Financial Problems: A Self-Inflicted Problem

Wednesday, 29 March 2023

Pakistan's Financial Problems: A Self-Inflicted Problem

Nowadays, I have been witnessing too much news related to Pakistan regarding its financial problems. Media organizations across the globe are reporting that Pakistan will default on its debt repayment obligations because it does not have sufficient foreign currency in its federal reserve. Pakistani PM Shahbaz Sharif has been begging for economic support right from his tenure but failed to succeed.

All Pakistan-friendly countries have declined to offer financial help to the country's government. Even the International Monetary Fund is not giving the promised loan despite several rounds of negotiations. Due to the shortage of foreign currency, Pakistan has stopped the import of essential goods and services from abroad. As a result, it has created many problems in the country, and people struggle to survive.

Have a look at the crucial facts detailed here below.

  • The total foreign debt of Pakistan is $51.322 billion, which is about 80% of the entire GDP of the country.

  • The foreign reserve currency of Pakistan is decreasing fast,

  • There is hyperinflation in the country, which is making people's lives quite complicated, and they are struggling for their survival.

  • Pakistan has stopped importing essential goods due to the shortage of foreign currencies. It has increased the difficulties of ordinary Pakistanis,

  • Pakistan's industry depends upon the import of necessary raw materials from abroad. As the country has stopped importing, many business organizations have shut down their operations. As a result, a large number of working professionals have become unemployed.

  • Terrorist activities are increasing in almost all parts of the country.

  • Street crime has reached an all-time high.

  • Most Pakistanis follow the toxic version of Islam and are ready to cut the throat of anyone in the name of religion. Due to the growing religious fanaticism, the country has been unable to make the required progress like a normal nation.

  • There is widespread discrimination and a state-approved crime against religious minorities in Pakistan. Most Muslims are not ashamed to attack Hindus and other religious minorities living in the country, abduct their girls, rape them repeatedly, forcing them to convert to Islam, and marry Muslim men against their will. The forceful conversion of religious minorities is one of Pakistan's many crimes that the world ignored.

  • Even Muslims are unsafe in Pakistan as they are divided into different groups and kill each other in the name of religion.

  • The Pakistani army and its intelligence agency control politicians and are involved in large-scale corruption. Higher officers of the Pakistani military have expensive properties and billions of dollars in western countries. After retirement from their services, they leave Pakistan for foreign countries and spend the rest of their lives using black money.

  • Pakistan uses a lot of money to export terrorism to India and other countries.

Pakistan is not a natural country. England, America, and other Western nations created it by dividing India into two states in 1947. Western colonial powers needed a buffer state in Asia that could follow their instructions and help them stop the invasion of the Soviet Republic and communism in the area.

From the beginning, the collective west provided enormous amounts of money and deadly weapons to Pakistan. With active help from America and its allies, Pakistan created many terrorist organizations and fought against Soviet Russia in Afghanistan. In addition, it launched a well-planned proxy war against the Soviet army, forcing it to return from Afghanistan after a massive defeat.

It wouldn't be wrong to say that Pakistan is a parasite state dependent on foreign countries for its survival in the world. As America had to destroy Soviet Russia and Afghanistan, it offered much money to Pakistan for many years.

The Pakistani army and government used that money to promote terrorism worldwide, ignoring its overall development like a normal country. After several decades of economic mismanagement and high-level corruption, Pakistan has faced the growing threat of defaulting on its debt repayment obligations and disintegration.

Western countries no longer need Pakistan after America's exit from Afghanistan. As a result, they have stopped offering financial help to this terrorist Islamic country. It wouldn't be wrong to say that due to its terrorism and other destructive activities, Pakistan has isolated itself from the world community and is living in a fool's paradise.

Nevertheless, most Pakistani people believe that one day the Islamic God Allah will send a messenger to their country to solve all problems and eventually bring peace and prosperity. You will be surprised to know that the Pakistani finance minister once said that Allah is responsible for the economic condition of Pakistan. You can easily imagine the situation in such a country where politicians do nothing but rely on Allah for everything.

Pakistan is the legitimate child of America and other Western countries that use it to perform dirty work in exchange for financial help. All the developed countries of the world lecture about eliminating Islamic terrorism, but they support Pakistan so that it can keep attacking India and other countries. The problem of global terrorism can easily be eradicated if America wants. But the corrupt deep state in the USA always needs wars and violence to sell its deadly arms to different parties involved in the conflict and make money.

The Pakistani army and its intelligence agencies are the most influential organizations in this Islamic country. They take considerable money from Pakistan's federal budget to protect the country. Apart from this, they control Pakistani politicians strictly and don't allow them to work independently for the welfare of Pakistan.

Moreover, corrupt Pakistani army officials have created many counterfeit companies in the name of charity organizations and are engaged in different business activities. They develop products and services and sell them within the country and to the rest of the world. But the bad thing is that they don't pay the required tax.

The Pakistani army and its corrupt politicians are responsible for the poor condition of Pakistan and its people. Therefore, the world community must not offer financial help to Pakistan, as it does not want to change its destructive activities and behave like normal humans.

Due to the lack of foreign currencies and massive loan obligations, Pakistan will disintegrate into different small regions, and there will be religious violence and other mayhem after that. The disintegration of the terrorist Islamic country is essential to ending Muslim terrorism across the globe and making the world a much better place. If powerful nations don't offer financial help to Pakistan, it will disintegrate in a maximum of 6 months. I will be the happiest person on the planet if it happens and Islamic terrorist elements go to hell.


No comments:

Post a Comment