Comments on: Pakistan: impact of foreign debts

By: independentthinker

independentthinker — Thu, 10 Jan 2013 22:53:25 +0000

corruption is from top – down. Unless our leaders decide to give up filling up their own pockets with bribes, there is no hope for the rest of us to see any change. how can a small percentage of our population carry the load of all of us, by paying their share of taxes. If our leaders stop accepting bribes, they can instill the same values on their sub-ordinates. I have seen income tax officers making mediocre salaries, but living like millionaires. Police officers living way beyond their means. These are just a couple of examples, but corruption is wide spread – again, starting from the top.

By: Reet

Reet — Thu, 10 Jan 2013 22:16:48 +0000

So, going bankrupt financially too, eh?

By: george

george — Thu, 10 Jan 2013 22:09:38 +0000

No problem. As long as Pakistan can terrorise the west, money will flow in.

By: Ahmer

Ahmer — Thu, 10 Jan 2013 17:15:57 +0000

How much more belt tightening can we do? Many countries under heavy debt have used the threat of default and forced the external lenders to write off some of the debt and renegotiate the terms of the remaining debt to a lower interest rate and longer term.

By: Kris

Kris — Thu, 10 Jan 2013 16:51:36 +0000

You mentioned corruption in Pakistan. Dawn has published so many articles on corruption but it is not going away. We are electing our leaders most of them do not pay their taxes and hence money does not come in to treasury but we need money to spend on the development programs. Our population is exploding at the highest rate when our resources do not expand proportionate to the population growth. We used to feed the world and now we are dependent on the world for feeding ourselves. I think the solution starts with check on corruption. How to do this – no one knows how.