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HomeOpinionJourney To Self Reliance - Express Urdu

Journey To Self Reliance – Express Urdu

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Journey To Self Reliance – Express Urdu

It is impossible to deny the fact that the ship of the national economy is reeling in the whirlpool. The facts on the ground suggest that the national economy will face more shocks in the next few years. The graph of inflation will be high, the hardships of the people will increase, the debt burden will increase, the loan program of the IMF will be bound by strict conditions, the graph of interest payments on loans will be even higher.

According to Federal Minister of Development and Planning Ahsan Iqbal, the current situation is that the government is meeting all its expenses by taking loans and we have to repay 70 billion dollars in the next three years. He also said that if there is no improvement in law and order and political stability and continuity in policies are not established in the country, we will continue to go round in the same way. As if the country’s economy will continue to slip out of the hands of the government like sand.

We have been going around in circles for seven decades. All our journey so far is an example of reverse progress. As a result, our journey on both internal and external fronts is shaky. For economic stability, it is necessary that there should be political stability and peace and order in the country. In the coalition government of the (N)-League and the PPP formed after the February 8 elections, both the major parties retained major positions, but there was mutual agreement with the major and difficult decisions for the political and economic stability of the country. It is necessary and taking the opposition along is the biggest challenge for the government.

Last week when Prime Minister Shehbaz Sharif visited Karachi, the business group here met him and clearly said that political stability is indispensable for economic development. The businessmen suggested that when the Muslim League (N) could form a government with its rival PPP, it should automatically extend its support to the founding PTI. Similarly, progress should be made in economic cooperation with its neighbor India. The Prime Minister and his family have extensive business experience.

Big Mian has been the prime minister three times, this is the second term of government of Shahbaz Sharif himself, but he could not bring the country to economic stability. Observers and analysts believe that political stability cannot come to the country without the agreement and unity of all classes without the elimination of corruption and corruption at the highest level, strict system of accountability, and neither can the country be brought out of economic crises. Is.

It is right that we are trying to strengthen bilateral relations with the Islamic brother countries of Saudi Arabia and Iran for the promotion of investment and economic cooperation. In this regard, the arrival of a high-level delegation to Pakistan led by the Saudi Foreign Minister, the signing of the memorandum of investment agreements worth billions of dollars, and the possible bilateral visits of the Saudi Crown Prince and the Prime Minister of Pakistan have brightened the hopes of economic improvement.

Similarly, Iran’s President Ibrahim Raisi’s visit to Pakistan after a long time and the signing of Pak-Iran trade agreements have opened a window of economic cooperation, from which it can be hoped that there will be some improvement in the country’s economic situation. Saudi Arabia and China are our friendly countries who are ready to help Pakistan in every difficult time. Our CPEC plan with China is called a “game changer”, but new problems arise with the change of governments and policies, and due to the pressure of international powers, especially the US, the situation increases.

Pak-Iran gas line project is a living example of this. The recent visit of the Iranian President to Pakistan is also notable in the US. Washington has warned that Pakistan may face sanctions on Pakistan-Iran trade agreements. Understanding the nuances of the global and regional situation, we have to tread cautiously. In order to reach the destination of economic and financial stability, we have to embark honestly on the journey of self-reliance, side by side with external cooperation. Pakistan is rich in natural resources. In order to utilize this wealth, sincerity is required.

Journey To Self Reliance – Express Urdu

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