Thursday, 19 October 2017

An Islamic nation, with a casino economy.


  • Increasing amount of loan.
  • No direct foreign Investments.
  • Exponential increase in Population.
  • Challenges in exports sector.
Pakistan is a country who is facing problems from the beginning. The country continues to survive on the back of few peoples with strong will. But the stage, this great country is heading towards is Miserable for it by all means. 
The amount of loans has gone to a horrible level, and according to the records Pakistan may soon be ineligible for world bank loans because of decreasing foreign exchange reserves.Pakistan's total debt(local and foreign) had increased by $55 billion in the three-odd years of the current government, and at the rate it is progressing, the analyst firm says by 2020  the foreign debt will reach $87.1 billion (PKR 9.12 trillion). Over the years, the problems of terrorism and increasing taxes results in a fluctuation of direct foreign investment which currently stood at 2761.10 USD Million. The improper enforcement of taxes e.g "
 The richest 10pc of the population pay 10pc of their income in indirect taxes, and the poorest 10pc pay 16pc". 
 And after all that, we've seen that an agricultural based country is facing a problems in exports sector. Never before in the country's history have imports been over two-and-a-half times of exports as they are now.

All these factors are turning the country's economic structure into a casino structure, where the money could be found in the Stock Market, Property Dealing and Under advising of imports, Which has nothing to do with Job Opportunities and strengthening the exports.

The country is going through a period in which its people can see the steps of development but has been made blind by the side affects and bad consequences from it. This country is an example of a Tree's Trunk which is standing firm at its place, but from insides the "Termites" are slowly making it a Hollow Trunk.


we can only hope for the betterment, obviously it's the easiest thing to do.



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