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Pakistan now a donor country, says Musharraf

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Pakistan now a donor country, says Musharraf :pakistan:

CHOTI ZAIRIN (May 28 2007): President General Pervez Musharraf has said that the present government has changed the country's status from an aid-recipient to a donor nation. He stated this while addressing notables of the area, at a luncheon hosted by former President Sardar Farooq Ahmed Khan Leghari at his residence on Sunday.

The President said that the government would continue its policies to further develop the country. The country's defence has been made impregnable and the economy has been strengthened, he added.

President Musharraf recalled that when he took office in 1999 Pakistan was being run on borrowings and he too begged for the country, which was a painful experience. He said even motherland's defence was not strong enough due to the weak economy. But after attaining prosperity, Pakistan has donated rice and wheat to three Muslim countries and it has written off 20 million dollars loan to Bosnia.

Amidst loud clapping, he said, it was the duty of every government to work for the welfare of the people and the incumbent government was doing its utmost efforts to reduce poverty, unemployment and price hike.

President Musharraf said provision of basic necessities of life such as health care, education, clean drinking water, electricity and Sui gas is the duty of the government and it is taking all possible steps to serve the people.

He said 2007 is the election year and elections can only be won with unity. Musharraf said, "We are one family with the same lofty aim of developing our country and attaining prosperity for our people."

He said there is no scarcity of funds and the development projects must be proposed. It is the duty of the government to fulfil the peoples' basic needs, he added.

He lauded the role of Sardar Farooq Leghari, saying he is an enlightened chieftain and is working hard to educate his people by setting up good educational institutions here.

Earlier, President Pervez Musharraf held a meeting with tribal chieftains of various tribes of Punjab and Balochistan and asked them to forge unity among themselves and elect enlightened and moderate candidates during the next elections, so that the development process could continue uninterrupted. He said the present assemblies will complete their tenure and elections will be held as per schedule.

Appreciating the performance of the incumbent government, he said, due to prudent policies being pursued by the PML government the basic necessities are being provided to the common man at their doorsteps.

PML President Chaudhry Shujaat Hussain, Governor Punjab Lieutenant General (r) Khalid Maqbool, Chief Minister Sindh Ghulam Arbab Rahim, Federal Ministers Yar Muhammad Rind, Awais Ahmed Leghari, senators, MNAs and MPAs also attended the luncheon.

Federal Minister for Information Technology and Telecommunications Awais Ahmed Khan Leghari gifted a horse of an elite race to the President on the occasion.

http://www.brecorder.com/index.php?id=569679&currPageNo=1&query=&search=&term=&supDate=
 
I don't buy the donor country part.

Has Pakistan paid back all its loans?

More importantly, will Pakistan be able to function without US Aid?
 
I don't buy the donor country part.

Has Pakistan paid back all its loans?

More importantly, will Pakistan be able to function without US Aid?
$1.5bn USD was the amount for economic AND social, education and health aid. How would that have an affect on a market of tens of billions of $? Musharraf also said without U.S. aid (which was pretty small), the Pakistani economy would continue to do well. It isn't aid which is a concern, it would be economic sanctions by U.S. and refusal to trade which would be a problem - as it was in the 1990s.

As for loans...aren't there a few 1st world/developed countries out there with outstanding loans to banks and other privately owned financial institutions?
 
I don't buy the donor country part.

Has Pakistan paid back all its loans?

More importantly, will Pakistan be able to function without US Aid?

Isn't the US considered a donor country despite its soaring debt? I think the idea is that the capacity to continue to pay back and service those debts needs to exist.

The majority of the aid to Pakistan is reimbursements for expenses incurred in the WoT. The services being rendered could simply be stopped in the absence of payments.
 
BTW aid is just a soft loan, not free money...

...and not very soft either when he had to trade in our peoples' blood for it.

...and even then we only got like $3bn USD split between military and civil.
 
I don't buy the donor country part.

Has Pakistan paid back all its loans?

More importantly, will Pakistan be able to function without US Aid?

Paying back loans has nothing to do with becoming a donor. Every single donor country in the world has external debt that is owed to some country or private lending agency.

US aid is 3 $billion over 6 years. Are you trying to tell me that this aid has something to with with the GDP of the country doubling in the past 8 years?
 
Do some of you write under the influence

or may you people have spent all your lives in luxury homes.

Go out and see, millions of children and picking food out of ***** and in Pakistan. Old people barely able to walk stand in line for hours to get flour and oil.
 
Do some of you write under the influence

or may you people have spent all your lives in luxury homes.

Go out and see, millions of children and picking food out of ***** and in Pakistan. Old people barely able to walk stand in line for hours to get flour and oil.

Neither....been there, seen that...stood in lines at least myself...children picking food out of the trash is nothing new in Pakistan or for that matter anywhere else in the world.

Ask the ******* hoarders in the business community of Pakistan where their sense of patriotism is instead of thinking of folks as immature. Don't just ride the bandwagon and bash the government because someone else told you to do so...open your eyes, think about the problem...22 million metric tons of wheat does not just simply disappear...someone is holding back and its not the Government of Pakistan.
 
Neither....been there, seen that...stood in lines at least myself...children picking food out of the trash is nothing new in Pakistan or for that matter anywhere else in the world.

Ask the ******* hoarders in the business community of Pakistan where their sense of patriotism is instead of thinking of folks as immature. Don't just ride the bandwagon and bash the government because someone else told you to do so...open your eyes, think about the problem...22 million metric tons of wheat does not just simply disappear...someone is holding back and its not the Government of Pakistan.

It must be the kids or the poor that made 22 million metric tons of wheat disappear.

Whetehr its the hoarder, the business community or the government or who ever, the Pakistan is a third world country where life for majority is miserable. They breath polluted air, drink dirty water, have no health care, hardly any education. The situation of human rights is despicable.

And on top of that someone brags we are a donor country or we have tons of dollars lying in our banks---gimme a break.

By the way, if they can't catch them atleast the government can tell the people who those hoarders are, so that people don't vote them into the next assemblies. Or is that too hard also.
 
"Pakistan now a donor country"!!!!!!
Good one!:rofl:
Pakistan cannot survive without the US aid or US.
 
"Pakistan now a donor country"!!!!!!
Good one!:rofl:
Pakistan cannot survive without the US aid or US.

What ever you have posted in your brief stay here is only negative, are you realy from Pakistan or hiding under our sacred flag. :pakistan:

MOD: Please check his authenticity
 
I don't buy the donor country part.

Has Pakistan paid back all its loans?

More importantly, will Pakistan be able to function without US Aid?

From Wikipedia:

In 2005 the public debt was 64.7% of GDP according to the CIA's World Factbook ; this meant that the U.S. public debt was the 35th largest in the world by percentage of GDP.[4][5]

Other than this, the US is in $9.1 trillion in debt. They are still a donor country aren't they? ;)

U.S. National Debt Clock
 

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