Eagle_Defender
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Not a flame, but it looks to me that the great irony is that nearing Pakistan's Independence Day, Pakistan is on the verge of martial law and there is instability in the country with the talk of the President being removed, to top it all, the President is still a dictator.
Agonistic Muslim, i agree, i was confusing myself, but there were talks of Pakistan again being labelled as a 'failed state'. Now that is against the very essence of freedom, that it transpired that a new and would be successful nation is born.
Though i am inclined to say that i dont trust the data that Pakistan releases about its economic growth AT ALL. It has happened numerous times that the dictator when in office was declaring all well, and the economy was up, but as soon as he was supplanted, the real truth came out, about how it was all a sham, regarding the economy. So i remain sceptical about Musharraf's claimed economic growth.
On the bright side, our economy has almost tripled in the last eight years from approximately sixty to a hundred and sixty billion,
Not a flame, but it looks to me that the great irony is that nearing Pakistan's Independence Day, Pakistan is on the verge of martial law and there is instability in the country with the talk of the President being removed, to top it all, the President is still a dictator.
Yes, i agree to that, however i read some time back that some instituition, had downgraded Pakistan's debt rating on some account.His figures on the macroeconomic improvements in the economy are something I trust, more so than any from a possible future political leader if they run the economy the way they used to. The reason I trust his figures is because of the institutional reforms he initiated, and because he staffed his economic team with economists and bankers. The State bank of Pakistan was made autonomous, the same with the SECP, and the GoP is currently negotiating with the ADB for a 400 million dollar loan to start the next stage of reforms within the organization. Pakistan's economic turnaround has also been acknowledged by international financial institutions that have upgraded its debt rating, and for the most part validated the numbers released by the government.
On this issue i disagree with you completely, the very recent showdown between the news channels of Pakistan and the government bore testimony to that. Musharraf has very wisely given the impression of a free and fair media and the crackdown was very severe, and incase of the Chief Justice case as well. And this is not to mention the crackdown on printed media. You will remember Dawn newspapers constant harrasement by the GoP as well.Going back to the issue of comparisons with past dictators, I think that if you were to do that, you would also find that unlike them, and past democratic governments, Musharraf has allowed the media to flourish as the fourth pillar of the state. And if you accept that, then you cannot argue that his performance on the economic front would be the same as that of his predecessors, solely based on the fact that he is a "dictator".
Yes, i agree to that, however i read some time back that some instituition, had downgraded Pakistan's debt rating on some account.
Anyways, i agree with what you say on the whole, Pakistan is afterall in the N-11 nations.
Pakistan's Outlook Cut by S&P on Security Concerns (Update4)
By Cherian Thomas and Farhan Sharif
July 10 (Bloomberg) -- Pakistan's credit rating outlook was cut by Standard & Poor's to ``stable'' from ``positive'' on concern security is worsening in the South Asian nation.
On this issue i disagree with you completely, the very recent showdown between the news channels of Pakistan and the government bore testimony to that. Musharraf has very wisely given the impression of a free and fair media and the crackdown was very severe, and incase of the Chief Justice case as well. And this is not to mention the crackdown on printed media. You will remember Dawn newspapers constant harrasement by the GoP as well.