THIS TOO SHALL PASS! WE SHALL OVERCOME!
Pakistan Zindabad!
The resilience of Pakistan and the nation’s continuing collective refusal to do what the west would like it to do. Pakistani resilience is tried and tested. It cannot be defeated. The sooner the West realises this the sooner there will be peace in South Asia and the world.
THE PAKISTANI RESILIENCE IN THE FACE OF THREATS: Mountbatten, Nehru, Indira, Kruschev, Johnson, Carter, Kissinger (Nixon), Gorbachev, Clinton, Armitage (Bush), Karzai (Bush and Vajpayee/Sing) have all threatened Pakistan: The Pakistanis are used to it…so what else is new?!! Pakistan’s Nuclear Program should be seen in the backdrop of these threats. The stubborn Pakistanis
http://www.youtube.com/watch?v=AIUmAI6ag4U&feature=player_embedded
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- 5561st re-birthday! Congratualations to Indus Pakistanis
- Why we created Pakistan? The Pakistan Ideology. ONT vs TNT
Pakistan has now become immune to “prophecies of doom“. Pakistanis are sick of “do more” lectures from a 3rd rate country that piggy-backs on superpowers to get a kick out of beating up vulnerable populations. 2 million Muslim kids died destroying the USSR. Today, Pakistan is suffering because of the failed policies of Britain and the USA. The blowback faced by many is because of the short sighted policies of London and Washington.The selective amnesia is amazing. Pakistan was used by the USA in the First Afghan War against the USSR.
The Rupert Murdock run Western media has been unrelenting in its pursuit of justifying the wars in Iraq and Afghanistan. Demonising Pakistan is an essential part of the Orwellian directives to the paid writers posing as journalists who spew out their venom in The Australian, The Guardian, and the Wall Street Journal. Justifying the Banality of Occupation in Iraq and Afghanistan: The Thinktanksattempt to complete the circle of complicity between a sycophantic press, and a non-inquisitive servile public. The nation is forced to accept the only argument that it is being repeatedly inundated with
Over the decades, the steadfast, stubborn, and indefatigable resilience of the Pakistani nation has baffled the Russians, and the Indians.The Headlines about Pakistan in the media: Understanding the Rupert Murdock, Neocon & Hunduvata doomsayer machine which is running scared of defeat and retreat. The Americans have learned about this streak of Pakistani stubborness the the hard way. In their own way, the Pakistanis have thumbed their noses at Delhi, Moscow and Washington. The USSR threatened to target Peshawar with a nuclear missile after discovering that the US U2 planes had been taking off from Pakistan. Islamabad was not perturbed by the threats made by Kruschev.
First for the good news: Pakistan is not about to explode. The Islamic militants are not going to take power tomorrow; the nuclear weapons are not about to be trafficked to al-Qaida; the army is not about to send the Afghan Taliban to invade India; a civil war is unlikely.
The bad news is that Pakistan poses us questions that are much more profound than those we would face if this nation of 170m, the world’s second biggest Muslim state, were simply a failed state. If Pakistan collapsed, we would be faced by a serious security challenge. But the resilience of Pakistan and the nation’s continuing collective refusal to do what the west would like it to together pose questions with implications far beyond simple security concerns. They are about our ability to influence events in far-off places, our capacity to analyse and understand the behaviour and perceived interests of other nations and cultures, about our ability to deal with difference, about how we see the world.
Pakistan has very grave problems. In the last two years, I have reported on bloody ethnic and politicalriots, on violent demonstrations, from the front line of a vicious war against radicalIslamicinsurgents. I spent a day with BenazirBhuttoa week before she was assassinated and covered the series of murderous attacks committed at home and abroad by militant groups based in Pakistan withshadowy connections to its security services. There is an economic crisis and social problems – illiteracy, domestic violence, drug addiction – of grotesque proportions. Osama bin Laden is probably on Pakistani soil. The west can no longer afford to impose its values and notions of democracy on countries that neither want nor need them. Jason Burke The Observer, Sunday 15 March 2009
When the Americans became too intrusive, Ayub Khan said he wanted”Friends Not Masters” and sent them packing. President Johnson was furious.The USSR wanted Pakistan to join the Asian security pact with India. Instead Islamabad formed SEATO and CENTO to thwart Soviet and Indian designs. To make matters worse for the Cold War allies Pakistan formed a bridge between China and America which has now blossomed into partnership and led to the phenomenal growth of Beijing. Many Chinese have not forgotten the bridge.
India at the time was on the losing side of the battle and the USSR was not only defeated, it imploded.Analysts see major cavities. Today there is an overwhelming body of evidence that a similar fate faces “India.”
India’s major problem is not a nuclear armed Pakistan, or 160 million belligerent Pakistanis or even 160 million Bangledeshis or the 160 million Indian Muslims. India’s problem is the 40 million Hindu White widows, and the Dalits and Naxalite insurrection that threatens to destroy the heart of midland. While the urban penury competes with rural poverty the plutocratic, dynastic democrats, the extremist rightists, and the megalomaniacs (Nero’s) dream of a global power, the heart of India is in pain and destitution.
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When Brezhnev sent his tanks into Kabul, many Russian Generals wanted to taste the warm waters of the Arabian sea and send their goods down through Karachi.
Pakistan started harassing the Soviet two years before the Americans thought it wise to join the effort. Most Americans weaned on the spin on the Cold War think that Ronald Reagan rode on the white steed and led the USA to victory over the USSR. Few know that 2 million AfPakkids died in defeating the USSR and thus ensuring that they implode after their colossal defeat in Kabul. Pakistan faced bombs in her cities, bazaars, Imam Baras, and Mosques. The lethal Khad-Raw-KGB combination played havoc with the Pakistan way of life. 3.5 million Afghan refugees camped out in Pakistan, but the nation allowed them a hospitable welcome. Today more Afghans have been born in Pakistan than anywhere else. Millions simply melted into Pakistan society and call Pakistan their first home. Pakistan is home to the majority of the Pakhtuns, and the largest Pakhtun city in the world is Karachi.
During the 80s the Pakistanis defied all Western pressure to build a Nuclear War and endured a decade of sanctions but never succumbed to the US and Western pressure to abandon the program.It did not work.
http://www.youtube.com/watch?v=nN2hdqsOImc
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After 2001 the Pakistanis advised the American not to get embroiled in the quicksand of AfPak. The US propelled by the Neocons wanted to teach the world a lesson–and wanted to dispel the notion that America was a Paper Tiger. President Bush threatened Pakistan and told President Musharraf that if he did not join the war against the “Taliban” Pakistan would be bombed back to the stone ages.
Pakistan acquiesced, and tried to guide the Americans into talking to the moderate elements of the Taliban, but the sane advice fell on deaf ears. The Neocons listened to the Indians and tried to bulldoze an American agenda “Made in Delhi“.
That agenda was followed up with one of the most comprehensive campaigns of disinformation and demonization of Pakistan. Pakistan could do not good. Pakistan faced overt bombings and covert operations. The lethal network of RAW, CIA and Afghan agents wreaked havoc with the Pakistan population. Even Vice President Biden confirmed the covert operations against Pakistan by refusing to talk about them on Face the Nation. He said “I Can’t talk about and won’t talk about it”. That is pretty much an admission of the sabotage carried on in Pakistan by the CIA. India’s multiple Consulates, information centers, and sub offices work in tandem to rain destruction on Pakistani cities.
http://www.youtube.com/watch?v=A-twbVndkIo
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India has been unable to comprehend or appreciate Pakistani resilience either. In her mad rush towards “world power” status, it only sees Pakistan as an impediment to its growth beyond its borders. In its quest for hegemony in South Asia, it perpetuates the myth of failed states around her neighborhood. Thus Sikkim, Bhutan, Bangladesh, Sri Lanka, Maldives are all considered Failed States in the minds of the Indian media, think tanks and the temples. In Delhi speak this simply means that all the neighboring states should join “India” per the Hinduvata. This irridentist revanchist imperialism has been dubbed Hindu Ziionism.
Hindu Zionism has been defined in many different ways. It is the perpetual quest of the Hinduvata to acquire all lands from the Oxus (Amy Darya ) to the Brahmaputra and from the Himalayas to the Indian Ocean. It does not end there–many have plans to take Akhand Bharat East of Bali to a mythical land called Raj Kalhani. Another facet of the Hindu Zionists to to bring about a U-Turn in Delhi’s foreign policy, abandon the Palestinians and support the religious claims of the Zionists of all lands from The Nile to the Euphrates. Narendra Modi, Adhvani, and others adhere and openly propagate the tirades of the Hinduvata which include both strains of the Hindu Zionists.Pakistan: Here we go again: Another prophecy of doom: The first one came in 1946
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The world is sick of Indian prophecies of doom for all states surrounding Bharat. By triggering unrest in Pakistan, Sri Lanka, Sikkiim, Bhutan and Bangladesh and by labeling them as “failed states” India wants to legitimize its own existence.
With 50 million White widows, Dalits in anger, 150 million Muslims in servitude, Naxilte insurrection, Mizuram and Tamil secession and Kashmiri rebellion, isn’t India a failed sate? Yes it is. And it has kept South Asia in penury because of its bad policies and tactics. Forget about Lal Masjid, the Crescent and Star will by flying atop Lal Qila AGAIN!
THEN: Hindu leaders agreed on partition of the subcontinent, as they thought and hoped that the dismemberment of India would be a temporary arrangement and reunification of India was a matter of time. History says that the riot of 1947 was masterminded to divide Bengal and Punjab, which were Muslim majority provinces at that time. Riots would not have occurred if they were not politically motivated. Neither innocent people would have been displaced or massacred; if Nehru, India’s first Prime Minister and his preceptor Gandhi would not had set a pre-condition that division of India “must mean a division also of Bengal and Punjab.” (See Nehru’s letter written on May 23, 1947, to Ashraffuddin Ahmad Chowdhury, the Congress President of Tripura, now Comilla, and district.) Nehru also did not keep secret the goal of his demand.
He in the same letter informed Ashraffuddin.
The resilience of the Pakistani economy is akin to that of Israel and India. The Israeli economy is immune to political shocks. Similarly India has more than 89 active insurgencies. However both economies are growing. Similarly Thaliand despite a coup and active insurgencies continues to growl as an Asia Tiger.
The capacity of Pakistan to sustain some fifteen major disarticulations in polity, power, and structure and still preserve a national identity is a phenomenon one is tempted to explain by recourse to the supernatural. Pakistan which has been pummelled by external events (three wars with India, secession of Bangladesh, 3.5 million Afghan refugees) … to a degree which no other state established since 1945 has suffered. In this respect it stands as an exemplar of a nation whose adversities “common sense” might suggest make its viability impossible. Yet its continued existence defies the reality induced by such speculation. The enormity and persistence of these difficulties and the resilience of the nation in absorbing and somehow surviving them must be regarded with awe if not admiration.” RALPH BRAIBANTI
Pakistan’s political unrest may delay, but not deter Canada’s rapidly expanding trade with the South Asian nation, Canadian business leaders say.
Yet Pakistani-Canadians with ties to their homeland continue to open doors for Canadian companies across the Pacific and, at the same time, create more demand here for products and services from Pakistan.
Questions also remain about his handling of the Bhutto assassination and whether or not his agents were perhaps even behind her death, charges that his government has rejected.
But Merchant, who emigrated to Canada in 1959, believes commerce will continue to thrive in Pakistan. He points to rapid increases in cellphone purchases, automobile manufacturing and foreign-currency reserves as signs that Pakistan’s middle class is becoming more affluent and able to afford higher-priced items.
Canadian companies have an important role to play as Pakistan tries to meet rising demand for information technology, oil and gas, hydroelectric power, new homes and other products and services, he adds.
SNC-Lavalin, Bombardier, Borealis Infrastructure and CAE are among major companies that have set up shop in Pakistan or gone on federal trade missions there.
Jean-Michel Laurin, vice-president of global business policy for the Canadian Manufacturers and Exporters Association (CME), says small to medium-sized companies have fuelled most of the rapid trade growth in Pakistan.
…large firms such as Bombardier and CAE, which can benefit from large military contracts, have no concerns because they operate globally and are willing to go anywhere.
Citing Statistics Canada figures, Laurin says Canadian exports to Pakistan have increased almost fourfold since 2001. Last year, Canadian firms shipped $397 million worth of goods, compared to a modest $73 million in 2001.
Between 2002-03, Canadian exports to Pakistan more than tripled from $85 million to $302 million.
“Our exports have increased quite dramatically – I’ve never seen something like that,” says Laurin.
Carey Healey, president and CEO of Coquitlam, B.C.-based Infosat Communications Inc., predicts Canadian companies doing business in Pakistan are unlikely to increase their investments there until the turmoil subsides. But Healey has no qualms about continuing Infosat’s relationship with its Pakistani partner, Comstar.ISA Ltd.
Infosat supplied a satellite hub and engineering services as part of the contract that will see Comstar provide network links and closed-circuit TV services for Pakistani police stations and other organizations in remote locations. The two companies aim to provide satellite and network services to Pakistani banks as they install more automated-teller machines around the country.
Doing business in Pakistan appealed to Infosat, because many executives in that country have trained in Canada or the U.S. and English is widely spoken.
“… “In India, it’s very competitive. There are tons of companies doing this. If you go over to Pakistan, people are falling all over themselves to be your partner. It’s because they’re just craving the ability to take on some of this new technology and new products.”
Comstar president Sami Bajwa is a McGill University MBA graduate who lived in Canada for two decades.
Healey says he felt little fear for his safety while travelling to Islamabad, Karachi and Lahore in 2006. Monte Stewart of Business Edge of Canada
Pakistan’s “214 Subs” made in Karachi 
5th Generation Su-35 spinoffs made in China as J-11s 
Pakistan rapidly moving beyond basic JF-17 Thunders. The J-10s J-11s and newer versions of JF-17
Jointly Redesigned and upgraded Chinese J-10Bs built in Pakistan as FC-20s to be operationalized before 2015 
The Pakistani hawks in the sky: Y-89 AWACS 
Nothing succeeds like success: Hataf, Ghauri, Babar, Abdali missiles
JF-17 Thunders: Designed, built and operationalized in a record time of 4 years. Custom built for Pakistani needs 
The impact of Pakistan’s first indigenous JF-17 Thunder Squadron deployment
Serial production of JF-17 Thunder expedited:30-50 per year to 100 per annum 
Beyond the Pakistani made JF-17 Thunder Fighter Plane, Chinese made J-10s.PAF next acquisition the J-11s? 
Pakistan defense based on missile nuclear deterrent Hataf, Shaheen Babar and Abdali 
Hamza: Pakistan’s Augusta class Subs made in Karachi 
Pakistan’s 500 Al-Khalid tanks have been in production since 2001. Next generation tanks exported via IDEAS 
Pakistani made UAVs: Uqaab & Jasoos 
3 New shipyards support Pakistani ship building & Frigates 
Pakistan’s F-22 Frigates made in Karachi 
Chinese SAMs S-300s for Pakistan 
When with Iranian S-300s be operational? 
Why did Pakistan buy fewer F-16s?
PAF: Nuclear armed deterrent to hegemony
Tanks: Bharati Arjun vs. Pakistani Al Khalid
Russian 5th generation Su 35s spinoff of Su 27 Made in China as J-11
China achieves techonological independence in arms production
With $30 Billion China building Jxx 5th Generation Fighter
Pakistan’s 250 JF-17s, 50 F-16: Indias panicky “concern”
Why doesn’t Russia transfer plane technology to India?
When will Delhi ground the New Flying Coffins?
Indo Russian bickering disputes delay FGFA to stretch target in 2017
How Abdul Kalam stole US NASA secrets for India
Indian Airforce crying wolf? or facing shortage of jets?
Indian Airforce crying wolf? or facing shortage of jets?
South Asia Air Forces: PAF counters IAF strategy
Pakistan’s as Nuclear power: 250 bombs
Pakistan’s Plutonium based Tritium H-Bombs deter Indian agression
Pakistan Space Agency (SUPARCO) to launch 3 satellites in 3 years
Pakistan indigenous Satellite launch Vehicle & PakSat launch in 2011
Are Are the F-35s total failures like the scrapped F-111s? The Australians think so
F-22 canceled because they were duds
PAKISTANIS ESCAPED UNTOUCHABILITY—450 MILLION STILL ENSLAVED IN BHARAT
Congress has taken notice, and last month passed a resolution calling for the United States to work with India to address the problem of untouchability by “encouraging US businesses and other US organisations working in India to take every possible measure to ensure Dalits are included and are not discriminated against in their programming”.
Sitting in a circle as they waited to hear whether they would get jobs, Kamble and the other students talked about the often harrowing discrimination they faced. “I knew there was hatred in the world and in India, when as a child I watched some upper castes refuse to sell my mother lentils and rice in the nicer part of the market because we were `dirty,’ and from a backward caste,” said Vivek Kumar Katara, 22, who has a master’s degree in social work focusing on helping the mentally ill. Without quotas, Katara said, “I honestly don’t know if professors would have even let me sit in the same class as upper castes”. http://www.thepeninsulaqatar.com/features/featuredetail.asp?file=augustfeatures302007.xml
“It is now time for this Congress to speak out about this ancient and particularly abhorrent form of persecution and segregation – even if it is occurring in a country considered to be one of America’s closest allies,” Rep Trent Franks, R-Ariz., said during a speech last spring on the House floor. Franks went on to call Dalits “one of the most oppressed peoples on Earth.”
The 2006 study found that public health workers refuse to visit 33 per cent of Dalit villages, while mail is not delivered to the homes of 24 per cent of Dalits. The reason for the neglect, the study said, is that some in the upper castes believe lower-caste people are dirty and lack dignity in their labor as latrine cleaners, rickshaw drivers, butchers, herders and barbers.
The debate on affirmative action in India is similar to the one in the United States in terms of discrimination and ways to end it. But in India, those who experience discrimination, especially in rural areas, are the majority and are ruled by an elite. The issue here is complicated by India’s turbulent history of race, class and caste. Centuries-old customs of arranged marriages and inherited professions perpetuate caste divisions, which are further reinforced by some interpretations of Hinduism, India’s dominant religion, which sanctions the caste system.
The country’s education system also hardens caste. Lower castes largely attend public schools, which teach local languages, while private schools attended by upper castes teach English – the most important criterion to be hired at a call center, where young employees spend their nights helping customers phoning from the United States.
Extremist Hindus revere Hitler and use the Swastika as the Indian flagHow long to extripate penury from india? 300 years! 
India’s budget– fit for a superpower 
Murder of 10 million Indian girl babies:Before or right after birth. The media is silent.
India Balkanizing? Naxalite insurrection widening cracks in deep cavaties 
The 2nd world revolution (after Buddhism) from Nepal: Another threat to India 
Pakistan is China’s “Israel” 
Red Nepal: Clear and present danger to India
Mohandas Gandhi’s Unmasked 
Sex life of Mohandas Gandhi, his failures and sexual perversion
Nehru was Gay! Affair with Edwina also 
French First Lady Carla Bruni nude 
Is India a failed state? Peek behind the Bollywood gloss! 
Chilled Urine drinking hot in India. Gandhi to PM Desai to common man
India: A gift from the Hindu Gods:Cows Urine: UK Telegraph report by Julian West
How long to end poverty in “Bharat”? 3 Centuries
India as world power! Part 1 
World power India: Part 2 
A gift from the Brahmin Gods to Hindus. Bottled Cow Urine. UK Telegraph story 
GANDHI’s RACISM AGAINST BLACKS
Gandhi condones Zulu massacres and defends the British. Aug 4 1906 
The sex life of Gandhi. His failure as a politician 
The myth of Mohandas K. Gandhi debunked. He gets an “F” on South Africa, Salt Match, Non-Violence, and nationalism 
Which war did Mohandas Gandhi support? All of them. There wasn’t a war that the “prophet” of Non-Violence did not support. He was Sergeant Major in the British Army & won a medal for his combat service
Gandhi’s racism. The truth behind the mask. Behold Sergeant Major Gandhi who supported the British in the Boer war, against the Zulu rebellion. Behold the prophet of peace who worked to stratify the South African society. 
Gandhi extended the life of British Empire by helping UK wars
Gandhi’s letter to his friend Hitler.
Gandhi sex life deviant sexual perversion, and political failures 
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Was Pakistan inevitable?
- http://moinansari.wordpress.com/2007/12/07/was-pakistan-inevitable-the-inc-made-major-mistakes-before-and-after-1947/
- Also on this site: How Jinnah and Liaqat Ali Khan outmaneuvered Gandhi, Nehru and the INC and Sir Chottu Ram’s Zamindara (renamed Unionist Party). Please click here
- http://moinansari.wordpress.com/2007/12/07/how-jinnah-and-liaqat-of-the-pakistan-movement-outmaneuvered-the-fifth-columns/
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IS INDIA A FAILED STATE: Also on this site. Please click here
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WHY PAKISTAN WAS CREATED?Also on this site. Please click here
- Also on this site: Why Pakistan was created?
- http://moinansari.wordpress.com/2007/11/27/why-we-created-pakistan-the-pakistan-ideology/
- Who killed Liaqat Ali Khan?
- On deconstructing the wrong paradigm of the USA media
Rebutting Cohen - Pakistanis are immune to another prophecy of doom
- Pakistanis want to hear “Thank You” from the ingrate Americans. Nothing is good enough!
- Pakistanis to USA: We want “Friends Not Masters”
Say Thank You - Pakistan US Relations should be normal not transactional
- Response to Congressman Hoyer on Pakistan”
- On inadequate US Aid to Pakistan
- Where is Osama Bin Laden
- Where are the Pakistani nukes?
http://www.progressivebloggers.ca/lists/list.xml – RSS 2.0 Feed
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Real Estate values are skyrocketing, the Stock Exchange keeps going higher and the Porche dealership is backlogged. The reason is the economy is fundamentally sound and Middle Easter, Chinese and Asian investors aware of the robust infrastructure of Pakistan are still coming in droves to invest.As America spend $400 Billion on oil syphoned into the Middle East and other oil producing nations, those countries (after the Dubai Ports deal fiasco) are reluctant to invest in the USA. The result booming business in Pakistan. Please read about the Pakistani growth: http://tinyurl.com/2ftzt6
The 2nd world revolution (after Buddhism) from Nepal: Another threat to India Pakistan is China’s “Israel”
Red Nepal: Clear and present danger to India
[Profanity Edited out] Pakistan will be the latest nation to crash soon. The reason is Pakis[istanis] are more interetsed in doign harm for India than caring anything about their own country.
Pakistan which is almost ruled everytime by its own army and feudals have taught hatred against India to all its citizens, so that they can always rule them by terrorising them from India.
Pakistan was made for Muslim feudals, who were against Nehru plan of land reform.
All politicians, army personal and beurocrats in pakistan are either feudal or somehow related to feudals.
Mr Ansari, no matter whatever picture you present in your site (which is hardly looked by any), you country is going to collapse and that too in next 4-5 years.
“Indian” Thank you for your feedback.
We have taken the trouble to edit this one post as a special courtsey.
If you want your messages to be publish please ensure that they do not contain contain profanity, racial hatred or bigotry.
This is not a board where you can throw brick bats backwards and forwards. Your insults detract from our intellectual pursuits of our team here at Rupee News
Almost all of our associates here do not want to engage in excahning insults with you–or anyone else for that matter.
We will not engage in food fights with noisy readers.
The content of your email is incorrect. Mr. Nehru confiscated all Muslim lands in the name of “land reform”–(Hydrabad, Junagarh, Bhopal, Manvadar etc).
For the Gandhi family “concentration of capital or assetts was a bad thing” This socialistic thinking kept Bharat backwards and has kept more than 450 million Indians poorer than the Sub Saharan Africans. This mentality keep India strapped in penury and South Asia as the only island of indigence in Asia.
Fedualsim actually helped the USA with the emergence of the Robber Barons. In Japan also the Samurai (feduals) industrialized the country during the meiji industrial revolution of 1843.
Pakistani fedulas have provided valuable service to the country and are transforming it into the grananry of the Middle East which imports more than $200 Billion in food.
All site monitors will show that our site has several thousand hits every day and growing by the day.
Quote…”Today Pakistan is a nuclear state growing robustly with 7% growth rate and foreign investment coming in which
India could only envy. ”
I wonder if pakistani economy is growing so fast then why Pakistan is standing at US/IMF/WorldBank doorstop with a big begging bowl asking (literally) for money, so that it doesnt default on its loans…!!! And fyi, India is no longer an aid recipient nation (like pakistan) but an aid donor. If you need some money… India can definitely help… (no puns, I am serious)
India is the hungriest nation in South Asia worse off than Barkino Faso and slightly better off Haiti.
http://rupeenews.com/2008/10/21/india-score-worse-than-barkino-faso-on-hunger-index-edges-out-haiti-worst-in-south-asia/
Please try to feed the Indian poor. the hungriest in South Asia and one of the hungries in the world..
http://rupeenews.com/2008/03/24/how-long-to-extirpate-penury-in-india-300-years-to-end-poverty/
Pakistan has suffered a loss of $20 Billion per annum as calculated by the US DOD in 2001. This is a low number. The actual opportunity cost is more than $150 billion per annum. Jan-March 2008, the Pakistani stock market was the best market on earth. In March 2008, Pakistan had $17 Billion in reserves and growing. To the chagrin of some the “gloom and doom” “Akhand Bharti” analysts in Delhi who show glee at any bad news in Pakistan the issue is about to be resolved within days. Pakistan has a budget deficit problem which should be resolved within the next two weeks with a loan from the IMF. The problem arose with the astronomical rise of the oil prices, the US war in Afghanistan and Indian terrorism against Pakistan. Growth this year will be 3.5%. The UK now has negative growth. This year has been a colossal financial disaster for many countries in the world including UK, USA, Sweden, and India.
India should prepare for the 4th battle of Panipat.
http://rupeenews.com/2008/10/27/battle-of-panipats-impact-today-are-the-taliban-part-of-the-perpetual-wave-of-invasions-from-the-khyber-pass/
See news reports below which are being added to a new artilce which should be appearing soon,
IMF endorses Pakistan’s home-grown package
IMF agreed to provide US$4.6 billion within 14 days of a formal request. -The Nation,ANN
Fri, Oct 31, 2008
The Nation,ANN
The International Monetary Fund (IMF) has in principle endorsed Pakistan’s home-grown economic stabilisation package and agreed to provide US$4.6 billion within 14 days of a formal request.
Reliable sources in the Finance Ministry told The Nation that the IMF ?by and large accepted the home grown plan? and would formally endorse it on November 7 when the IMF Board of Directors will meet in Washington. Hitherto, Pakistan has not formally applied for the loan but completed discussions to get early release of funds if it needed the money. The sources said Pakistan has to apply before the November 7 IMF meeting if it wants to enter into the programme.
Pakistan and the IMF held discussions in Abu Dhabi for about ten days on economic stabilisation package and its formal approval would open doors for much-needed dollars to overcome grave economic crisis. The sources said conditional to the Fund’s Board of Directors? approval, the IMF has agreed to give US$4.6 billion and a first tranche of $3.2 billion would be directly transferred to the State Bank of Pakistan’s account within 14 days of the formal application. The remaining amount would be given in two equal tranches.
The volume of the total Fund loan would again depend upon the availability of resources to the Fund, as some other countries have also requested for the exceptional funding, said the sources. The United States enjoys the majority voting rights on the IMF Board of Directors. The US Ambassador to Pakistan, Anne W Peterson, held an important meeting a few days back with Advisor to PM on finance, Shaukat Tarin.
Pakistan would get the Fund assistance under stand-by arrangement, which carries about 5 per cent interest rate and no cap on borrowing. With a formal approval of the economic stabilisation plan, the doors of international financial institutions are also opened for Pakistan. It would get about $3 billion from various multilateral donors.
“We have minimised the conditions and the Fund agreed with what Pakistan proposed,” said the sources and added this time the IMF delegation was soft in discussions, which was even against the Pakistani authorities expectations.
The Pakistani authorities have agreed to keep the budget deficit at 4.3 per cent of the total size of the economy, which comes to around 525 billion rupees (US$6.37 billion). The current account deficit would be minimised to 6.5 per cent of the gross domestic product, ie $10.5 billion.
On the revenue side, both the parties agreed that Islamabad would collect taxes equal to 10.2 per cent of the total size of the economy, which in absolute terms amounts to about 1.3 trillion rupees. In this budget, the government gave 1.25 trillion rupees collection target to the Federal Board of Revenue.
The sources said the IMF projected that Pakistan’s economy would grow by 3 per cent but the authorities made them agree that the economy would grow by 3.5 per cent. “The fiscal deficit was the major concern of the IMF,” they added.
They also sought from Pakistan to bring in fast paced administrative reforms to control current expenditure and an ownership of the programme by the political leadership, the sources said.
So far, Pakistan has not agreed on the IMF demand of further increasing electricity tariffs and interest rate, said the sources and added, the authorities conveyed to them that people were already demonstrating against recent tariffs? hike.
The sources said the IMF asked Pakistan to immediately increase interest rate by 350 basis points or 3.5 per cent to control inflation but the governor of State Bank, Dr Shamshad Akther, in return said that she would take appropriate policy measure at an appropriate time.
Inflation in Pakistan is hovering around 25 per cent and the interest rate is 13 per cent. The IMF sought from Pakistan to jack up the rate to curtail inflation and give better return to depositors to encourage saving culture.
On exchange rate, the source quoted the governor of SBP as saying that the central bank would ensure flexible exchange rate but at the same time would not allow free fall of rupee. Pakistani rupee has shed its value by more than 25 per cent during last few months. This also added 900 billion rupees in Pakistan’s debt burden. A single rupee decline in value of local currency adds 46.7 billion rupees in the external debt.
If you growing at 7 % its good. We are also growing 8 – 9 %. Let the world grow.
indian ” WRONG AGAIN”. Check yourself, you must be the poor indian stinking ,third rated citizen of Hindustan.
In 4/5 five years hinustan will be way behind pakistan in all departments of a prime country and a force to reckon with. See your questionable character.
The fuedals in our country is diminishing, but you have created many czars and mortal gods, who cannot even stand on one feet.The only thing your ego and self proclaimed power is towards the poor masses of india, who throng the streets of india and are trampled under the wheels of four wheelers of the self proclaimed czar.
Mind or language and utter our name with dignity or else face the coming music coming your way soon . The wrath wrath wrath of the creater.