AGL 39.58 Decreased By ▼ -0.42 (-1.05%)
AIRLINK 131.22 Increased By ▲ 2.16 (1.67%)
BOP 6.81 Increased By ▲ 0.06 (0.89%)
CNERGY 4.71 Increased By ▲ 0.22 (4.9%)
DCL 8.44 Decreased By ▼ -0.11 (-1.29%)
DFML 41.47 Increased By ▲ 0.65 (1.59%)
DGKC 82.09 Increased By ▲ 1.13 (1.4%)
FCCL 33.10 Increased By ▲ 0.33 (1.01%)
FFBL 72.87 Decreased By ▼ -1.56 (-2.1%)
FFL 12.26 Increased By ▲ 0.52 (4.43%)
HUBC 110.74 Increased By ▲ 1.16 (1.06%)
HUMNL 14.51 Increased By ▲ 0.76 (5.53%)
KEL 5.19 Decreased By ▼ -0.12 (-2.26%)
KOSM 7.61 Decreased By ▼ -0.11 (-1.42%)
MLCF 38.90 Increased By ▲ 0.30 (0.78%)
NBP 64.01 Increased By ▲ 0.50 (0.79%)
OGDC 192.82 Decreased By ▼ -1.87 (-0.96%)
PAEL 25.68 Decreased By ▼ -0.03 (-0.12%)
PIBTL 7.34 Decreased By ▼ -0.05 (-0.68%)
PPL 154.07 Decreased By ▼ -1.38 (-0.89%)
PRL 25.83 Increased By ▲ 0.04 (0.16%)
PTC 17.81 Increased By ▲ 0.31 (1.77%)
SEARL 82.30 Increased By ▲ 3.65 (4.64%)
TELE 7.76 Decreased By ▼ -0.10 (-1.27%)
TOMCL 33.46 Decreased By ▼ -0.27 (-0.8%)
TPLP 8.49 Increased By ▲ 0.09 (1.07%)
TREET 16.62 Increased By ▲ 0.35 (2.15%)
TRG 57.40 Decreased By ▼ -0.82 (-1.41%)
UNITY 27.51 Increased By ▲ 0.02 (0.07%)
WTL 1.37 Decreased By ▼ -0.02 (-1.44%)
BR100 10,504 Increased By 59.3 (0.57%)
BR30 31,226 Increased By 36.9 (0.12%)
KSE100 98,080 Increased By 281.6 (0.29%)
KSE30 30,559 Increased By 78 (0.26%)

Now that the democratic government is in place, it is time to address the multitude of problems faced by the nation. First and foremost is to address the problems of the people of FATA, many of whom have, in the garb of Taliban, raised their arms and against innocent people of Pakistan, to avenge their vengeance against the alien forces from across the Durand Line.
Pakistan is a developing nation and as such should avoid entanglement in others affairs. If someone has a problem against anyone, we as a developing nation should avoid involvement in the affairs of others.
If one looks at the basic problem which has been instrumental in the free movement of the people living around the Durand Line, is that it has not been recognised as a legal boundary by the people living on either side of the border. If the Durand Line is recognised as legal border, the problem of infiltration will be minimised and the tribal people living on our side will not be made scapegoat with an excuse of harbouring terrorists.
On account of disturbed conditions created by the undesirable elements, peace of the country at large has been affected resulting in the creation of chaotic situations, which has become instrumental in the downward trend of the economy, because investors are very sensitive people and they shift their investments to safer places where they can have peace of mind and reap the benefits in peace.
The immediate solution to salvage the situation seems to be that in order to arrest the downward trend of economy, the government should take such measures as can provide assurance to the investors of safety and security. Besides, the government should set up group of professional people, who should plan out ways and means to arrest the decay in the existing system. Expenditure in all sectors should be rationalised and should be ensured to remain within budgeted forecasts.
Karachi, being the backbone of the revenue generation of the country, should never be treated as a step child, but should be given the top priority it deserves in providing funds for making the city worth its importance. Karachi should never ever face the problems it is facing now, in the form of power failures and many more.
Government should embark upon patronising and promoting indigenous products and ban the import of all such products which are produced locally, which can also bring about relief in balancing the budget.

Copyright Business Recorder, 2008

Comments

Comments are closed.