Home Currency Fast Depreciating
Pakistan is currently going through most challenging time since its creation back in 1947, Pakistan loaned Japan back in 1960 and now knocking doors of IMF, World Bank, ADB, United States and China.
Civil and Financial Anarchy is hovering our heads as the sharp devaluation of rupee would be bringing more expensive food, medicine and cost of living making poor’s life more miserable than ever. Already hard earned money in the form of saving has bees depreciated by over 22% from December’2017. Current account deficit is increasing, foreign exchange reserves are fast depleting, ballooning trade imbalance would turn Pakistan one again in the hands of IMF, World Bank & the United States.
Slow GDP Growth Projections
World Bank has already cautioned that Pakistan GDP will slow down, prominent political figures have already expressed about pre-poll planned rigging involving state’s crucial arms.
The overall situation has become too chaotic, recent terrorism in election rallies also shows institutions inability to curb terrorism from the root level.
FATF Challenge
Money Laundering Financial Action Task Force is an international organization which has put Pakistan in the Grey List for not taking appropriate measures to curb money laundering and root out terrorist organizations at the grass root level.
Controversial Political Arrests
Former Prime Minister and his daughter have been arrested and prisoned as National Accountability Court has awarded sentences for not justifying the wealth and properties held abroad. But the main point is the full bench of Supreme continued trial against the former prime minister for two years and could not prove corruption charges leveled against him, but deposed him from the premiership and declared him ineligible for a lifetime to contest elections.
Foreign Debt Retirement Gets More Difficult
The government has limited time to act after the July 25 elections, as external debt obligations will pick up more rapidly in 2019,” the release continued, without elaborating what steps might be required to arrest the trend.
The integrity of State Institutions Becomes Questionable
Till date, many questions have risen about the impartiality of National Accountability Bauru, Election Commission Pakistan and the Judiciary and even the Executive.
Pakistan to Weather Against All Odds
Pakistan is undergoing from a severe water shortage crisis, border skirmishes with India are increased, our country is primarily agriculture based country that heavily relies on its crops.
In last four decades, none of the Government in Pakistan did proper measures to strengthen the economy and political stability, but the question arises that all that has happened to Pakistan was Natural or someone planned to lead to such vulnerable and pathetic situation where Nuclear Powered Pakistan has to bow before International Donor Agencies.
A Prosperous Future Ahead
Pakistan today meets most of the essential requirements that the foreign businesses and investors are looking for. Macroeconomic stability, deep-rooted structural reforms, high standards of economic governance, outward-looking orientation, liberalized trade and investment regime, easy access to policymakers, low production costs, sophisticated financial sector and its location as a regional hub makes it a highly attractive country for business and investment.
We should focus deeply about international conspiracies against Pakistan to destabilize, disintegrate, weaken it as dominant Company firmly believes in its projections and power that it can control the world the way it wants, but entirely ignorant to Z-dimension which is controlled entirely by the Al-Mighty in which Pakistan’s Whole Nation Trust and was created in the Divine Theology.
So underestimating Pakistan capabilities would be gross mistake enough for its demise that Quran had already promised 14 centuries ago.
By the Grace of Almighty Pakistan would meet all the challenges without compromising its integrity, and in the light of Quranic teachings, Muslims would rule the whole world under the supreme and just Muslim leadership.
Indigo Developers wishes all the success for our beloved Country Pakistan being a Gift from God to endure all the hardships and emerge as the most prosperous nation in modern times, leading all the Muslim Ummah.