Fragile economy and spendthrift govt

| 12th November, 2012
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THIS is apropos of a photograph (Nov 2), showing Senate Chairman Syed Nayyar Hussain Bokhari in Birmingham visiting Queen Elizabeth Hospital to inquire of Malala.

The people of Pakistan are constantly being robbed of their hard-earned wealth and incomes by constant decrease in the value
of Pakistani rupee against US dollar.

This is happening at a time when US dollar itself worldwide is already under pressure.

The government should have taken serious and stringent measures to stabilise the national currency, observing austerity on all fronts.

In a recent incident of corruption case a Turkish firm Karkay ship-mounted power plant of Rs22 billion made a booty of millions of dollars before leaving the shores of Pakistan because of dishonesty of our own rulers.

The strange part of all this is that instead of making accountable those responsible for causing such huge loss in foreign currency to the exchequer, he has been rewarded with the premiership of the country.

The news is that advance payments of $79 millions were paid, while the NAB recovered Rs1.62 billion, that too in Pakistani currency and not in badly needed foreign currency from Karkay.

Apart from other several instances, we see Malala’s case. When another government took the victim girl abroad for treatment, everyone started on public expenditure sojourn to the UK for a photo session with Malala whom they failed to protect at home.

First went the Khyber Pakhtunkhwa minister who was turned out without meeting the victim girl by hospital authorities. Now the senate chairman went to Birmingham on the same pretext on public expenditure for a photo session to further burden the exchequer.

S. ISRAR ALI
Karachi

COMMENTS

  1. They are all corrupt and there is no accountability. What you have mentioned is just one instance of corruption and I am sure there are many more by all our politicians. It saddens me to think that these people are ruling our country. Elections are coming and I am sure it will be the same faces in Parliament again. God help us.