Tragedy of Pakistan, Pakistan reached on default, how we can save from this default.

by m.a.rana 

Default of sri lanka, In March 2022, the last gasoline ship arrived in Sri Lanka. The ship remained at sea for two weeks, but the government had no dollars. The boat came back and Sri Lanka failed. Factories also came to a standstill due to power outages and traffic stoppages.

There was also a food crisis due to transport and the shortage was met by unemployment until the government defaulted on April 12, 2022 and then the whole country took to the streets and whatever people could get their hands on. Whether it was the government or the opposition, whether it was the bureaucrats or the businessmen, it was cheated and today Sri Lanka lives by selling its ports, roads, forests, mountains and buildings.

Believe it or not, we too are going through the same process right now. The Ministry of Petroleum warned the State Bank three days ago that there would be a shortage of petroleum products in the country. LCs are not open to oil imports. PSO's oil cargo was cancelled.

The delivery of the second one was expected on January 23, but its LC failed to open. Instead, there are also two oil cargoes of 535,000 barrels of Pak Arab refinery.

The cargo of Pakistan Refinery Limited carrying 532 thousand barrels of oil will arrive on January 30th but their LC is not opened so the oil crisis will start in February and the crisis will be severe in March and April. God willing, lines will also be installed at petrol pumps.

The food supply will also stop, public transport, the subway, trains and ships will also stop, a terrible electricity discharge will also begin and factories will also close, this is a situation where, on the other hand, the salaries of civil servants have also decreased. Started to stop.

Think for yourself if the embassy does not get money for rent, gas, fees and salaries, how will it work, because the conditions in the embassies have become very bad. Take a tour of Karachi - 75% of the factories have closed and are causing a terrible storm of unemployment in the country - a flour crisis has also broken out.

Cooking oil is also becoming scarce and dollars are not available even in nominal value, so it would not be wrong to say that Pakistan is almost bankrupt.

These are the conditions and on the other hand, a political circus is brewing from Karachi to Khyber Pakhtunkhwa. Fighting has begun' Local body elections have been held in Karachi and Hyderabad and parties are facing each other with batons.

The Electoral Commission will delineate new constituencies within 4 months of the census, and the country will thus be able to hold new elections in August. Now the question is, will the election in the two provinces be according to the old census and the old constituencies and in the remaining two provinces and the federal election will be according to the new constituencies? Thirdly, will the country have KP and Punjab elections in April and then Sindh, Baluchistan and federal elections in October?

Meanwhile, Imran Khan will also fight in the by-elections from 70 constituencies of the National Assembly and even after winning 70 seats he will not go to the National Assembly and if it happens, will the government hold elections? Will he play or arrange petrol, electricity, gas, food and exports and other crucial issues?

It should be realized that we cannot survive without the IMF, and after the conditions of the IMF, the prices of electricity, gas and gasoline will also double and taxes for the unemployed will also increase, which will lead to the tragedy of inflation. It will take shape. By accepting the terms of the IMF, one and a half million people will become unemployed in the country, and food and drink will come three times to one. Our friends Saudi Arabia, United Arab Emirates and China are also ours. Tired of helping.

We have been flatly denied by them and the US has long since turned away from us, so now we have only two assets left to sell - the atomic bomb and the military - if we continue to accept the terms of the international powers. If we continue to take out loans like this, we will eventually have to accept these two conditions.

He will have to give up the nuclear program and reduce the size of the military, and these two conditions come at a price. Sri Lanka, Nepal and Bhutan will remain.

Here we assume that Army Chief General Asim Munir will convince the IMF, World Bank, Saudi Arabia and China and these countries will help us one last time. Will it work and will we not be in a worse position next year than today? So now the question is what is the ultimate solution to this situation? This is the solution if we can;

Solutions of this tragedy:

1-      The army should bring together all the stakeholders of the country, admit their mistakes, apologize, tell the politicians about their mistakes and then sign the Charter of Pakistan and then the chapter of crisis should be closed forever. Decide that there will be no extension in the country after today. Like the Chief Justice of Pakistan, the Chief General of Mostek will in due course become the Commander of the Army and no Prime Minister will have this authority after today.

2-      The army chief will also retire on time and no official of the country will be able to extend his tenure. Even though governments will keep changing, the assembly will complete its term in any case. The Election Commission will be 100% independent and independent. The Election Commissioner's decision will also be based on 100% merit and automatic system.

3-      The tax policy will be in place for 20 years and will not be changed so that investors can invest accordingly." "Religious gatherings and processions will be banned" The sound from the loudspeaker will only be heard inside the mosque.

4-      The prayer time will be the same throughout the country, the call to prayer will be at the national level, and at the same time the curriculum for children will be the same for the entire republic, the roads will be the same.

5-      The population will be controlled, two in the bureaucracy. Reforms will be implemented within the year and the entire system will be made online and simplified. Institutions like PIA, railways, radio, PTV and steel mills and all other losable institutions swallow 1500 billion rupees annually. These will be sold within a year and the proceeds will be divided between the employees.

6-       And the final decision that we will export 250 billion dollars every year and create a solid and reliable system for it. If a country like the Netherlands can stand on its own two feet selling only flowers or Colombia only coffee, why can't we?

Conclusion:

If we take these decisions we will be saved, otherwise this crisis of confusion will engulf this country and we will be victims of civil war by the end of this year. If we do not take it seriously, No one would save this country from default and after effects of that.