You are contradicting yourself in the same post. on one hand you tell us that the gov't has no choice but to implement the project in this manner. On the other, you are blaming them for using foreign funding!!
You gov't doesn't have the money.....so if you have this much laying around, may want to give your government a loan on cheaper or no interest for your country? Sad part is, people like you, for your political reasons and bias, undermine your OWN country's interests. If someone actually works and does something, they are corrupt and lazy. If they don't do anything, they are still corrupt and lazy. So which one is it? Seems like you guys don't want your own country to move an inch forward from where its been for decades. Sad and silly posts like this show the world how seriously divided and negative you guys are.
By the way, any loan below 4% is really not a loan as the APR is so basic and cheap. Commercial loans usually go around 6-10% depending upon a country's rating. If you are getting these development loans at 4% or below, you should use these funds wisely and get the best out of these. These loans won't last long as the Western markets are moving up fast. In Pakistan's case, the biggest issue right now to kick start its economy, is the need for proper electricity. These dams will end up providing serious energy production and water saving and reserving value. In the long run, you'll save Billions of dollars in fuel costs and then will have saved a lot of water for agriculture and other purposes, that today, goes to total waste. Not sure why the criticism on any and every project!
