Comments on: Crisis fears mount as IMF talks tough

By: Vaidhya

Vaidhya — Sun, 09 Dec 2012 17:47:03 +0000

India should stop funding IMF if the money is ill-spent on countries that are on the brink of failure..The 3+ billion dollars given to IMF could be better spent in poorer countries as well as reforms in India itself.

By: abdussamad

abdussamad — Wed, 05 Dec 2012 17:05:00 +0000

First you talked about the cost of military hardware and now you are talking about the entire defence budget. Those are two separate things. Spending on military hardware is not the cause of Pakistan’s economic problems period.

By: Akram

Akram — Wed, 05 Dec 2012 15:28:16 +0000

If Pakistanis paid their taxes fairly, the state would not need a begging bowl. However the same people who complain that Pakistan should not beg, should ask themselves how much tax have I paid over the last 10 years, and how much should I have paid?

We all want someone else to pay the tax, whilst we want our own voice heard. This is why Pakistan is in the current mess.

By: peddarowdy

peddarowdy — Wed, 05 Dec 2012 08:32:25 +0000

Oh please, just to service a million strong army it would be a drain on the exchequer. The Musharaff Govt hid many aspects of the Military allocation with the civilian. The debt servicing along with Military expenditure, taking into account end to end expenditure, is around 60% of Pakistani Budget.

I can show you IMF and WB reports, but the comment would not get approved.

The world will say if you can have so many arms, you might as well not beg.

By: abdussamad

abdussamad — Wed, 05 Dec 2012 06:27:13 +0000

Nukes and missiles have nothing whatsoever to do with Pakistan’s economic troubles. The major portion of the government’s budget is spent on subsidising electricity and servicing debt. Our foreign exchange reserves are falling because of high oil import bills and debt repayments. The cost of nukes and missiles isn’t even worthy of a footnote in our accounts.

By: Neo

Neo — Tue, 04 Dec 2012 14:49:47 +0000

lol, good one… Bong on target

By: Neo

Neo — Tue, 04 Dec 2012 14:47:23 +0000

just saying they have to go, they will not go.. come to the streets and protest.. get a force of a few million like minded citizens and your voices will be heard…. try it… works wonderfully well..

By: Jamil

Jamil — Tue, 04 Dec 2012 14:45:58 +0000

Bring back Musharraf.

By: peddarowdy

peddarowdy — Tue, 04 Dec 2012 08:46:13 +0000

How can Pakistan build costly weapons like Nukes, Missiles, realistically expect others to give it money?

You can’t stand on your own feet, but want to buy big toys to play with big boys?

Big toys belong to big boys!

By: peddarowdy

peddarowdy — Tue, 04 Dec 2012 08:44:29 +0000

If Pakistan can build nukes, missiles and whatnot, why does it need the money?

You want the world to fund Pakistan’s weapons? Its like an alcoholic pointing the gun to his own head, threatening he will kill himself if he doesn’t get his fix of alcohol.