Pakistan Economic Crisis: The command of Pakistan is once again in the hands of PML-M leader Shahbaz Sharif. He took oath as the new Prime Minister of Pakistan on Monday (4 March). On Sunday (March 3), PML-N and Pakistan Peoples Party (PPP) joint candidate Shehbaz Sharif got 201 votes in the 336-member House, which is 32 more than the required number of votes to become the leader of the House.
Shahbaz Sharif has become the 24th Prime Minister of Pakistan, which is facing crisis on many fronts including the economy. Will his government be able to get Pakistan out of the crisis? This question is discussed.
Recently, Pakistani YouTuber Qamar Cheema (who is also an academic and strategic analyst in Islamabad) talked to Nadeem ul Haq, VC of Pakistan Institute of Development Economics (PIDE) on his channel and asked the question why beggarly words are said about us. Will the incoming government be able to deal with the challenges? On this the expert gave a shocking answer.
What did experts say about Pakistan?
Nadeem Ul Haq said, “There are many challenges, everyone knows… We as a country and all our leaders do not want to accept challenges… We have taken the contract of Islam, but if If you see, we are failing in every area. At present the politics we are running is bringing the same old faces, it is nothing new… Our government is running on things like the war of the Ekatdars (the government elite class during the Sultanate period), they have no idea. It is not a hobby to make progress in our country.
He said, “We are not concerned with the economy. We are still thinking that maybe America or China will waive something, so we are still in unemployment mode waiting for someone to waive our debt.
Taunted Pakistani people also
Pakistani expert Nadeem ul Haq also took a dig at the people of Pakistan. He said, “We are sitting here thinking that the government will give us something and we will not do anything. We will keep sitting and we (government) also say that we will get the loan waived off, no problem, we will sell some piece of land, we will sell some of our father’s property, we will sell some property, we will sell something else, we will just go away. So what to do in this? I don’t see any hope.
What did you say on the question of getting loan from IMF?
Nadeem Ul Haq said, “There is a treaty under which the IMF is formed. All countries sign that treaty. It is written in that treaty that the IMF will not get involved in politics, the IMF will remain only in economics… IMF has given us loans for 75 years and we have not done any work for 75 years…”
Why does Pakistan not have leaders?
Why are there no leaders in Pakistan? When asked this, Nadeem Ul Haq said, “We are not leaders because a leader is a visionary person who thinks and studies.”
