Last Hope
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We've talked about it so many times, why don't we make a sticky?
First of all, what is US Aid? Who gets it? Whats the use?
US Government has been giving billions to Pakistan in the name of Military and Economic aid. This is basically used for development and stability. With the number of loans taken from IMF, Pakistan has to pay them back over long terms, and this is a huge setback. The millions taken from IMF are going into Swiss banks, just a minimal part of it is actually put into use. In short, IMF loans is a way of getting large capital into your bank, which would be paid by taxpayers and government's fund over a long period. Hence it is a loan which you take, but someone else pays it back. Disastrous for economy.
Military has proved it that they are mature and can now stand on their own feet and raise their own finance, hence all types of military aids are cut. And they have proved it quite well. But the economic sector is different. Though not all the aid goes into its desired use, it still has given some stability to government. These aids are used to pay for imports and payback of loans. The military showed it to the government, and now the government should reject all aids (and loans unless they are put into proper use) and learn to stand on it's feet. This would make Pakistan independent on foreign aids and learn to stand on it's own in this cruel world.
But again, we are forgetting that 80% of the governmental departments are filled with worst of all Pakistanis and this is highly impossible till their position isn't replace by someone capable. Conclusion is simple. Pakistan is now spoiled on foreign aids and its high time we must learn to stand on our own feet. Any sudden cut in the aid would result in short-term crisis where all the crooks would leave the government and go back to where they belong, West, taking away anything and everything they can. Now that's the turn where everything starts to settle as new comers try to clean the mess and within few years, finally get back on track with much better efficiency. It is just this aid and large amount of money they have laid their hands onto which have saved them the seats.
First of all, what is US Aid? Who gets it? Whats the use?
US Government has been giving billions to Pakistan in the name of Military and Economic aid. This is basically used for development and stability. With the number of loans taken from IMF, Pakistan has to pay them back over long terms, and this is a huge setback. The millions taken from IMF are going into Swiss banks, just a minimal part of it is actually put into use. In short, IMF loans is a way of getting large capital into your bank, which would be paid by taxpayers and government's fund over a long period. Hence it is a loan which you take, but someone else pays it back. Disastrous for economy.
Military has proved it that they are mature and can now stand on their own feet and raise their own finance, hence all types of military aids are cut. And they have proved it quite well. But the economic sector is different. Though not all the aid goes into its desired use, it still has given some stability to government. These aids are used to pay for imports and payback of loans. The military showed it to the government, and now the government should reject all aids (and loans unless they are put into proper use) and learn to stand on it's feet. This would make Pakistan independent on foreign aids and learn to stand on it's own in this cruel world.
But again, we are forgetting that 80% of the governmental departments are filled with worst of all Pakistanis and this is highly impossible till their position isn't replace by someone capable. Conclusion is simple. Pakistan is now spoiled on foreign aids and its high time we must learn to stand on our own feet. Any sudden cut in the aid would result in short-term crisis where all the crooks would leave the government and go back to where they belong, West, taking away anything and everything they can. Now that's the turn where everything starts to settle as new comers try to clean the mess and within few years, finally get back on track with much better efficiency. It is just this aid and large amount of money they have laid their hands onto which have saved them the seats.