Friday, March 30, 2012

Can anything be done about Pakistan’s economy?

Pakistan is struggling. Struggling to keep afloat in a sea of political, economic and social issues. It suffers internally from inflation, power shortages and fear of losing our jobs, homes and families. Its people are divided along ethnic, racial and religious lines. Injustice and corruption rule the night and the day. All this is being reined by leaders who purport to represent the people but fail to mention who exactly is included in “the people”.

While the county’s political scenario has been interpreted as productive or destructive, depending on which house you belong to, its economic productivity is relatively easy to determine. Measures like the balance of payments, imports and exports, taxes and revenue can give a good picture of where the economy stands. The current picture is, unfortunately, quite miserable.

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