Recent
Indian excitant punitive proceedings over Kashmir have also revealed the
political economic operation of India over Pakistan. Federal Minister for
Finance and Treasury Mr. ishaq Dar has disclosed this fact in his latterly
published interview that India is supporting smuggling of gold in Pakistan upon
state flash; to save its decaying economy and to injure Pakistan. India has
also protected illegal trade of gold in this region, its negative policies
could also be considered in Pakistani gold market by seeking unusual rise and
fall of gold price. The downfall of Indian currency in forex market and
uprising of Indian extremist Bhartiya Jannata Party in 2014 general elections
is a distress and will effect badly on South Asian regional market and economy.
With respect to population and territory this much more larger neighbor of
Pakistan always throw dark shadows upon Pakistan’s economy. Under above
circumstances Indian putative so called high caste Hindu compounds are trying
to weaker Pakistan’s economy from a long time by united conspiracies. Gold is
one of the tools.
After the successful atomic bomb explosion
experiment of 1998, international trade restrictions were imposed on Pakistan
which results in dollar crisis, Indian smugglers then ask for exchange of gold
for stocks and products instead of currency from Pakistan’s hoards. It is also
a vexatious reality that last two governments; one of military and second of
democracy both never cognized this issue from its utmost point. They remain
under the dazzle of friendship and peace unknown to the reality that on the
back foot of this sparkling India inclined serious wounds to Pakistan. The
former minister for finance having popular label of “juggler of facts and
figures” was unacknowledged about economic issues and granted India as
“favorite nation for business” and he is still advocating his duncery.
According to him, by means of this perfect nonsense Pakistan trade will get
boost all apart in European markets and Pakistani stocks and products could be
easily supplied in European markets. Hence , it was proved that advocacy was
baseless, clean wrong and dead loss not only to Pakistan economy also to
Bengladesh; only Indian market could be benefited by this means.
Another annoying reality is “cartels”
undeclared unions banks and trading departments of developing world including
Pakistan, theirs purpose is to get indeed possession over progressive world
economy. Former two governments were eventually unascertained of this fact and
by theirs negligence and coercion the rich country with the wealth of mineral
and natural resources has commencing weakening economy. Personalities like
Shoukat Aziz and other blood spinners of Pakistan are appointed in return of
million dollars salaries in World Bank and IMF upon the wish of these cartels.
After the riot tenure of these type of stripped rulers the elections of 11th
may will definitely changes the situation. Behest risk can be cognized which can
be discerned. From the words of Mr. Ishaq Dar it could be granted that he is
taking such coercive measurements to restrain Pakistan’s economy from all kind
of external aggression; i.e “India could not be further titled as favorite
nation” antagonistically said and also quarrelsome mode while talking about
Indian smuggling and hoarding. These all are red signals to India to beware of
uprising Pakistan.
It should be also reminded that when Former
Prime Minister Benazir Bhutto was trying to conciliate with Prime Minister
Nawaz Sharif she also expanded her wishes for economical and financial
delegation towards Ishaq Dar for future instances. The manner in which he has
countered 50.3 Billion curricular debt which was irresponsibility of past
governments both civil and military; this service could also be considered as
sustaining the economy sincerely and wisely. This is also an accepted reality
that in last tenure of Pakistan people’s party loan average floated from the
past 61 years 1947-2008, most of the currency was malpractice, and was outcome
where government was unable to give salaries to government employees. After
announcing budget of 13-14 Minister for information and broadcasting Pervez
Rasheed, while answering the objections of opposition leader that this charisma
couldn’t be performed by any other then Ishaq Dar in such abstruse
circumstances he blessed us with such a budget, even when after people’s
party’s five year tenure we don’t even have enough credits to entertain
government employees with theirs salaries.
From this perspective it is an auspicious
portent for Pakistan that personality of Ishaq Dar is regulating the economic
affairs, whose personality is undoubted even by contenders of N League. Further
provided that by his excellence and wise policies our previous mistakes could
be rectified, specially energy crises which has drubbed eragastically our
economy for many years.
Advocate
Jahanzeb Butt