Tag Archives: hope for reforms

Impending bankruptcy creates hope for reforms

– Gul Agha, Champaign, Illinois, USA, gul.agha@gmail.com
Let us hope the IMF does the right thing rather than push to punish rural poor through agricultural taxes and the like (as Dr. Shaikh believes). Already the rural areas are suffering (they should have been booming with the rise in world global price hikes), particularly in Sindh and Balochistan.

Sindh pays 70% of the revenue and almost 70% goes to the defense … Not really needing a security forces (like Costa Rica), the per capita Sindh govt. spending would be 9 times richer without establishment of Pakistan (even assuming Pakistan were apportioning on a per capita basis all of its civilian budget, which it is not).

“I see no option but for Pakistan to go, begging bowl in hand, to the IMF,” said Dr. Farzana Shaikh of London-based think-tank Chatham House.

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