Islamic Republic of Pakistan : News, Discussions & Updates
- Thread starter Butter Chicken
- Start date
The establishment in Paxtan is currently looking to create strife and disturbance inside and on the border.
Why you may ask. Im the Dim is currently leading polls and might pull off a proper majority. They want to delay polls till the situation is handled.
Army refused to help in poll duty recently
A second thread in works is to control Im (and not kill the drama queen) by putting him under arrest and co opting some of the PTI leadership.
IMF did ask for a reduction in the defence budget on purely financial and economic grounds. No country can sustain a force that eats more than 10% of the GDP. Ask the erstwhile comrades in the Moscow. So PA is not interested in dealing with them.
Instead going full retro (applying old solutions to new problems) PA is grabbing even more land (45000 acres this time) in the name of agriculture. Yes PA will now grow crops and share the revenue with the civil govt.
Does anyone want a corner plot? Quite a few might be coming on sale.
Why you may ask. Im the Dim is currently leading polls and might pull off a proper majority. They want to delay polls till the situation is handled.
Army refused to help in poll duty recently
Army ‘not available’ for election duty due to security situation, ECP told
Defence ministry officials brief chief election commissioner on military's deployment within country and on borders.
www.dawn.com
A second thread in works is to control Im (and not kill the drama queen) by putting him under arrest and co opting some of the PTI leadership.
IMF did ask for a reduction in the defence budget on purely financial and economic grounds. No country can sustain a force that eats more than 10% of the GDP. Ask the erstwhile comrades in the Moscow. So PA is not interested in dealing with them.
Instead going full retro (applying old solutions to new problems) PA is grabbing even more land (45000 acres this time) in the name of agriculture. Yes PA will now grow crops and share the revenue with the civil govt.
Army handed over 45,000 acres for ‘corporate farming’
Insiders claim military will "reap no benefit"; 40pc of revenue to go to Punjab, 20pc for R&D.
www.dawn.com
Does anyone want a corner plot? Quite a few might be coming on sale.
Well , behind the entire concept of riyasat e pudina lies the harking back to the Mughal Empire . They see themselves as the successor state to it which is why - ghazwa e hind , haskar liya tha Paxtan , ladd kar lenge hindustan & the unfurling of Paxtani flag from the Red Fort .The establishment in Paxtan is currently looking to create strife and disturbance inside and on the border.
Why you may ask. Im the Dim is currently leading polls and might pull off a proper majority. They want to delay polls till the situation is handled.
Army refused to help in poll duty recently
Army ‘not available’ for election duty due to security situation, ECP told
Defence ministry officials brief chief election commissioner on military's deployment within country and on borders.www.dawn.com
A second thread in works is to control Im (and not kill the drama queen) by putting him under arrest and co opting some of the PTI leadership.
IMF did ask for a reduction in the defence budget on purely financial and economic grounds. No country can sustain a force that eats more than 10% of the GDP. Ask the erstwhile comrades in the Moscow. So PA is not interested in dealing with them.
Instead going full retro (applying old solutions to new problems) PA is grabbing even more land (45000 acres this time) in the name of agriculture. Yes PA will now grow crops and share the revenue with the civil govt.
Army handed over 45,000 acres for ‘corporate farming’
Insiders claim military will "reap no benefit"; 40pc of revenue to go to Punjab, 20pc for R&D.www.dawn.com
Does anyone want a corner plot? Quite a few might be coming on sale.
Unknownst to them they'd already achieved two of the above three criteria in 1947 itself , when they partitioned India , they also achieved the establishment of the Mughal empire with Bengal as their subba except this wasn't the kind of Mughal empire they sought.
The Mughal empire was settler colonialism , a tad better than the Delhi sultanate with the administration / military following the policy of extraction typical of all such settler colonials , run by those settler colonials from central Asia viz present day Uzbekistan , Tajikistan , Kazakhstan , Kyrghyzstan , Turkmenistan , Iran , Iraq , Azerbaijan , Arabia etc & local collaborators who were almost all exclusively Hindu comprising the senior echelons of the empire.
The only advantage local muslims had were that they were not liable to pay jizia which meant they could be compelled to offer military service which was rarely enforced & were ineligible for slaves to be trades across the Hindukush. Otherwise there wasn't any difference between the status of the local muslim vs the local Hindus.
The local muslims received their due only after the death of Aurangzeb , an Alivardi Khan here or there notwithstanding . The Sayyid Bros were the first of the lot of Indian Muslims who rose to the top & exercised power behind the throne after the demise of Aurangzeb.
You replace the Mughal empire with the state of Paxtan, the army , bureaucracy , etc with local elites & voila everything is the same minus the kafirs . The ordinary citizen exists to serve those elites which he is just like in the Mughal empire.
Translation
A child died in Karachi when a man along with three other family members tried to commit suicide by consuming poison allegedly due to inflation.
Human cost of Pakhanistan's Economic collapse started but political and military elites don't care ....
The situation's much more serious than previously thought. Even well heeled paxtanis seem to be suffering from the after effects of hunger.
Pakistani police storm home of former PM Khan, arrest 61
Police in Pakistan have stormed former Prime Minister Imran Khan’s residence in the eastern city of Lahore and arrested more than 60 people.
apnews.com
istani....
It's bloody eerie how history keeps repeating itself in the NW of the sub continent since more than 2 millenia ( beginning with the Greeks under Alexander but the Bactrian Greeks on a more permanent basis in recorded history although real history could stretch that much further back ) with the Pashtuns being the latest of the marauders assailing this land since at least a Millenium more so since the past 3 centuries.
Thank you Jinnah!!
@Jaymax
You might want to see their dealings with the Balochs and the feudal landlords as well.
Yup. The Baloch were paid jizia too . Before 2006 , it was the norm now it's all stick no carrot except for a few sellouts .
Pre 99 coup, there were areas where the writ of the government did not run partially or completely. Mush admitted to it in his book.
In these areas the writ of the lord ran supreme. The lord could get away with murder and many did. The cops just stayed away or came in on special days to collect their allowance and gifts.
The Balochs were brought to heel largely but the feudal lords still live the good life
Pakistan's first transgender news anchor attacked by gunmen in Lahore, escapes death
Pakistan’s first transgender news anchor Marvia Malik survived after she was shot at by unidentified assailants outside her residence on Friday, local media reported. The gunmen opened fire on Malik, 26, when she was returning home from a pharmacy in Lahore, Pakistan.Malik told police that she had been receiving threatening calls for some time for raising her voice for the transgender community in Pakistan. She cited her “activism” as the reason behind the attack, reported The Independent.
Malik said she left Lahore out of fear for her life and relocated to Islamabad and Multan. She had returned to Lahore a few days back for a surgery, reported Pakistani media outlet, The Dawn.
Malik made history by becoming the first transgender person to become a news anchor in 2018 after being “disowned” by her family.
She made her debut appearance on Pakistan’s Kohenoor TV just days after becoming the first transgender model at a prominent fashion show held annually by the Pakistan Fashion Design Council, according to reports.
When she made headlines in 2018 after becoming the country’s first transgender television host at the age of 21, she received an “overwhelming” positive response from the people.
“I got a lot of appreciation from those associated with the fashion industry when I did catwalk modelling two weeks back, and now this... it’s quite overwhelming,” she was quoted by Reuters as saying at the time.
“I was thrown out after [10th grade] after which I joined a beauty salon, earned just about enough to put myself through college, but it was not easy. My story is no different from that of a hijra on the street you see begging,” she had told Reuters.
In several interviews, she said that she is an example for everyone, including her own community. If transpersons can make a place for themselves in the fashion or media industries, then they are important in other fields as well.
Pakistan's first transgender news anchor attacked by gunmen in Lahore, escapes death
Pakistan's first-ever transgender news anchor Marvia Malik survived a gun attack in Lahore when she was returning to her home from a pharmacy.
Pakistan owes $22 billion in a year to foreign lenders and debt repayment fears are rising
Pakistan economic crisis: Moody’s slashed Pakistan’s sovereign credit rating and said the country’s increasingly fragile liquidity "significantly raises default risks". How much external debt Pakistan owes and what are the challenges? Read on to know.
Ever since Pakistan's economic crisis made headlines, questions are being raised as to whether the cash-strapped country will be able to repay its debts and loans. As of December 2022, the Pakistan government's External Debt stood at PKR 17.87 trillion — down from PKR 18 trillion (1 INR = 3.18 PKR) in September 2022, according to the data shared by the State Bank of Pakistan (SBP). Pakistan's net foreign exchange reserves (with SBP) hovers around $3.2 billion as of February 17.
Global ratings agency Moody's cut Pakistan's sovereign credit rating to 'Caa3' from 'Caa1' - the lowest in three decades, Dawn reported on Tuesday. The global rating agency said the country’s increasingly fragile liquidity "significantly raises default risks".
The agency also changed the country’s outlook from negative to stable. This came as the Pakistan government is in talks with the International Monetary Fund (IMF) to secure a $1 billion loan, which has been pending since late last year over policy issues.
Moody’s estimated Pakistan’s external financing needs for the rest of the fiscal year ending June 2023 to be around $11 billion, including the outstanding $7 billion external debt payments due. "The remainder includes the current account deficit, taking into account a sharp narrowing as imports have contracted markedly," Geo TV reported.
Daunting default risk looming over Pakistan
Burdened with debt, Pakistan continues to take loans from China banks. Last week, the Board of China Development Bank (CDB) Wednesday approved a $700 million credit facility for Pakistan. This comes on top of $30 billion that Pakistan already owes China and Chinese commercial banks, the Guardian reported.
As the default risk continues to mount over Pakistan, the country said it is due to repay foreign debt and interest worth almost $22 billion over the next 12 months, according to the Express Tribune report in February.
The report quoted data from the SBP showing that "Pakistan is to replay a total debt of $21.95 billion in one year; $19.34 billion in principal and another $2.60 billion in interest on the total debt". It added that the SBP data projects no foreign debt inflows for the next 12 months.
Adding to its woes, the foreign direct investment (FDI) inflows plunged 44.2 percent to $683.5 million during the first seven months of financial year 2023 against $1.22 billion in the same period last year, Dawn reported. In Pakistan, the government's fiscal year is July 1 of the previous calendar year and ends on June 30.
This has brought Pakistan on the cusp of a daunting economic crisis - with the government trying numerous ways to handle the finances amid skyrocketing inflation and falling currency. The Shehbaz Sharif government has already rolled out a tax-loaded mini-budget which is expected to make people's life more difficult in the cash-strapped country.
Moody’s hinted at the reduction in default risk potentially "to a level consistent with a higher rating" with external financing — such as "through the disbursement of the next tranches under the current IMF programme and related financing" — being available "in the very near term".
IMF and other challenges
All this unfolds in the backdrop of the Pakistani government's ongoing talks with the IMF. Moody and other economists believe that a payment by the IMF may help to cover Pakistan’s immediate needs but warned that "weak governance and heightened social risks impede Pakistan’s ability to continually implement the range of policies that would secure large amounts of financing".
Experts believe that Pakistan needs to come up with innovative measures and follow a collective approach that is "not anti-India but pro-Pakistani", said Ashwani Mahajan of the Swadeshi Jagaran Manch and Amir Jahangir. Pakistan also needs to reduce its dependence on China and focus on manufacturing goods in the country itself.
Next, "Pakistan need to showcase that the system is transparent - that the money is spent on the issues and challenges that Pakistan is facing right now," Amir Jahangir, Founder and CEO of Mishal Pakistan said. There should also be accountability in the system, he argued.
Pakistan to repay foreign debt worth $22 billion in a year as default risk looms and Moody's slash its ratings - CNBC TV18
Pakistan economic crisis: Moody’s slashed Pakistan’s sovereign credit rating and said the country’s increasingly fragile liquidity "significantly raises default risks". How much external debt Pakistan owes and what are the challenges? Read on to know.