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"So what news from Pakistan..."
"In terms of politics?"
"Well with reference to democracy Musharraf says it took centuries for the Europeans to get where they are and that they should give Pakistan more time..."
"But India started the same time we did and look at them. They have an independent judiciary and..."
"They are infidels."
"Is that how the Lotas are justifying it all?"
"Don't be facetious."
"There are also quite a few retired generals who have called for Musharraf to step down."
"Musharraf has no exit strategy and he is scared that the judiciary may get him if he leaves the seat of power..."
"He was scared the judiciary would get him even when he was in power."
"It's happened to other heads of state before. They have been investigated and cases filed against them but you need an independent judiciary for that."
"That does explain a lot, doesn't it?
"That may explain it all actually."
"Anyway, I was more interested in what is happening to Pakistan in terms of the economy."
"The economy, Musharraf says quoting growth figures alone, is doing well."
"And what is propelling the growth rate? Not farm output as we know from the wheat and cotton crop outputs."
"No it's not farm output."
"Couldn't be industrial output either what with this load shedding?"
"No it isn't."
"Then could it be the services sector?"
"I don't think so - the qualified don't want to stay in Pakistan any more, anyway their business is down too."
"Then what is propelling the growth rate?"
"Part of it could be the $10 billion that was given to the armed forces by the US?"
"Ah yes, borrowing all."
"Indeed."

Copyright Business Recorder, 2008

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