Friday, October 17, 2008

Beggers are not Choosers !

At this time when i am writing this blog, our honorable ambassadors around the globe, our ministers, and all our government officials are trying their best to get some financial aid to support the deteriorating economic situation. Within a very small period of 6 months, the Forex Reserves of our nation have plummeted from a record high $17 billion to less than $8 billion. This is really such an alarming situation, considering the fact that the present government has come into power with claims of full support of the public, thus commanding their full cooperation and still is unable to bring about any financial reforms for them. I just happened to read in today's newspaper that the Indian government is going to reduce the petrol and diesel oil prices upon which all the Indian airlines have announced to decrease the airfares by 30%, whereas over here in Pakistan, the dollar has risen to a record high Rs. 86 per dollar, fuel prices soaring, all food grains nearly out of reach of the poor, and the economy about to slump until someone will come to our aid. I am no supporter of any of the political parties nor of the Army, however for the last 8 years during the tenure of Musharraf, i had never ever seen such an alarming price hike that i am witnessing nowadays. Such is the state of confidence of the public on the present state that people are on the verge of liquidating all their forex reserves from the banks, thus adding more to the misery of the government. In all this mayham, our honourable columnists of the various newspapers are still just concentrating on either the former Chief Justice, or making stories out of the stories of ppl like Aafia Siddiqui, Mukhtaran Mai, Sonia Manhas, or the man who sold his children, or the person who set himself on fire. They feel NO responsibility at all in contributing in this state of affairs, and instead are just concentrating on their story telling and composing skills. The industrialists, the economists, the financial analysts, someone must have some idea to pull us out of this or else we should look abroad for foriegn consultancy if we can't take care of our matters. Sphere: Related Content

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