AGL 38.02 Increased By ▲ 0.08 (0.21%)
AIRLINK 197.36 Increased By ▲ 3.45 (1.78%)
BOP 9.54 Increased By ▲ 0.22 (2.36%)
CNERGY 5.91 Increased By ▲ 0.07 (1.2%)
DCL 8.82 Increased By ▲ 0.14 (1.61%)
DFML 35.74 Decreased By ▼ -0.72 (-1.97%)
DGKC 96.86 Increased By ▲ 4.32 (4.67%)
FCCL 35.25 Increased By ▲ 1.28 (3.77%)
FFBL 88.94 Increased By ▲ 6.64 (8.07%)
FFL 13.17 Increased By ▲ 0.42 (3.29%)
HUBC 127.55 Increased By ▲ 6.94 (5.75%)
HUMNL 13.50 Decreased By ▼ -0.10 (-0.74%)
KEL 5.32 Increased By ▲ 0.10 (1.92%)
KOSM 7.00 Increased By ▲ 0.48 (7.36%)
MLCF 44.70 Increased By ▲ 2.59 (6.15%)
NBP 61.42 Increased By ▲ 1.61 (2.69%)
OGDC 214.67 Increased By ▲ 3.50 (1.66%)
PAEL 38.79 Increased By ▲ 1.21 (3.22%)
PIBTL 8.25 Increased By ▲ 0.18 (2.23%)
PPL 193.08 Increased By ▲ 2.76 (1.45%)
PRL 38.66 Increased By ▲ 0.49 (1.28%)
PTC 25.80 Increased By ▲ 2.35 (10.02%)
SEARL 103.60 Increased By ▲ 5.66 (5.78%)
TELE 8.30 Increased By ▲ 0.08 (0.97%)
TOMCL 35.00 Decreased By ▼ -0.03 (-0.09%)
TPLP 13.30 Decreased By ▼ -0.25 (-1.85%)
TREET 22.16 Decreased By ▼ -0.57 (-2.51%)
TRG 55.59 Increased By ▲ 2.72 (5.14%)
UNITY 32.97 Increased By ▲ 0.01 (0.03%)
WTL 1.60 Increased By ▲ 0.08 (5.26%)
BR100 11,727 Increased By 342.7 (3.01%)
BR30 36,377 Increased By 1165.1 (3.31%)
KSE100 109,513 Increased By 3238.2 (3.05%)
KSE30 34,513 Increased By 1160.1 (3.48%)

There comes a time in almost any life, when one has to tighten one’s belt and rein in one’s consumption, for the sake of health and longevity. A time to pull back the stomach to what it was when we were younger and fitter and improve our muscles with a bit of dieting and exercise.

This is that time in Pakistan.

Our imports and consumption are out of control. We are importing luxury cars like never before. Gone are the days when a 1600 CC car was considered a luxury, and most people made do with 1300 CC. A modest or a younger man started with an 800 or a 1000 cc car. Petrol at thirty-six rupees a gallon was considered expensive, so, many used bicycles or tongas.

Now a 2000 CC SUV is considered the minimum to establish social status. Every fourth car is a Land Cruiser which consumes a litre of petrol for every 4 kilometres. A trip from say Lahore to Islamabad costs Rs30,000 one way! Just for the fuel.

The normal “cash and carry” in any city will have eight brands of imported olive oil, six brands of olives, four brands of coconuts, coconut oil, imported mushrooms and gherkins. Apples from New Zealand and France and grapes from Iran. Even pickled cucumbers are being imported; as if we are incapable of growing and pickling our own cucumbers.

The doyens of “high society” are worried about the supply of imported dog and cat food, so they are stocking up for the impending famine. If our common man can survive on Daal and Roti why must the pets be fed imported luxuries? Just go to the toys section and you will be bewildered by the flood of imported toys and gadgets.

There are plastic cars, horses, hundreds of dolls and toy houses and kitchen sets and so on. There are sixteen models of bicycles that are imported for children from the age of five to fifteen. There are cars, and planes and boats that run on batteries and can be commanded by remote controls.

It is difficult to find the amount spent on these trinkets as the statistics hide the luxury items under say “plastics and items made of plastic.” Container loads of such goods arrive at Karachi port full of such toys and bubble gums, nachos, chips, chocolates, sweets and sugary drinks.

If they are worth say 40 million rupees, they will be mis-declared for four million, the customs inspector will refuse the declaration and add back 50% and reassess the duty at six million. The importer then pays a hefty 60% customs duty which may amount to 2.4 million rupees.

Now this is only six percent of the original value of 40 million. No wonder goods are sold in Pakistan at the same price as Dubai. Soybeans arrive as chicken feed, luxury foods as medicines, the mis-declaration of cargo is rampant.

A capable and motivated government can surely put a stop to these malpractices. We can do without bubble gums and imported chocolates for a year.

The other national malaise is that of conspicuous consumption. If my house is not floored with Carara marble from Italy, Spanish tiles, German kitchen fittings and fancy ornamental lights my status in society begins to dwindle. This fascination for all things foreign is not only wasteful but is undignified and displays an inferiority complex.

Similarly, why must we have over 80 ministries? Why can we not do with 16 as we did 50 years ago when our country was twice as large. Why must special planes transport our leaders and army chiefs when first class seats on regular flights are just as comfortable and probably safer.

Officers and employees of the Government of Pakistan, whether civilian or military should not get luxury cars at the poor taxpayer’s expense. Fleets are being imported while our own car assemblers are laying off their workers.

In the field of energy a national conservation plan has to be evolved. Each agency or area of activity should be asked to reduce their consumption of electricity and gas. Electricity is wasted by our civic agencies mercilessly. Road and intersection lights are left on all night, even when there is no one around.

Neon lights are left on for publicity all night in empty markets and roads.

How come our shopkeepers and traders get away by defying all appeals to shut the markets by eight in the evening. Shops and stores in most of the rich countries shut down by seven in the evening, why not ours? All large buildings and Public sector buildings should be asked to reduce consumption. The air-conditioning should be reduced, as surely most of our countrymen live without it.

The holy month of Ramazan is just a few weeks away. It teaches us to live with less, particularly food and luxuries. The lesson we are supposed to learn is not just to eat less and fast during the day, it also teaches austerity. We turn the whole thing on its head.

The national consumption of cooking oils and ghee goes up by 50%, sweets, pakoras, fruits and all luxury foods go up and not down. The whole point of the lesson is turned upside down. For sure this is all wrong.

The trade figures for January show a massive contraction of imports and narrowing of the current account deficit. It’s been done by the government restricting the flow of foreign currencies on imports. The value of the rupee has been driven down to a ridiculously low level.

It is now 260 to the dollar whereas the Indian rupee is steady at 80 to the dollar. We used to be nearly at par. Surely, the productivity of a Pakistani is not one-third of an Indian? All these are indications of our national policies and priorities going completely wrong and we need to set them right before we are driven into a complete collapse.

Let’s cut down on our luxuries and waste, before our necessities are snatched away from us.

Copyright Business Recorder, 2023

Tahir Jahangir

The writer is also the current Chairman of the Towel Manufacturers Association of Pakistan

Comments

Comments are closed.

ZAHID Feb 23, 2023 04:14pm
Very well written topic..We never stood as a one nation..we are always a ill mannered crowd. The scarifice should not begin with common man. Everyone whether they are associated with business or government job should pay the price of the current situation of Pakistan..Its not which party we support..Its about the survival of our beloved country...No person including Government employ should have the liberty to send millions of dollars to buy expensive properties in Dubai US and England..This time its the so called " Hukmarans" who should pay the price.. Not always a person who is Riding on a 70cc Bike..
thumb_up Recommended (0)
Bashaam Bachani Feb 23, 2023 04:35pm
Finally found someone speaking sense and not an endless loop of doom and despair. Author rightly points out that our problems are a result of our excesses. Well done, sir.
thumb_up Recommended (0)
Qasim Khwaja Feb 23, 2023 05:11pm
I think everyone would happily tighten their belts, but what about the politicians and the beauracracy? Will they stop steal from the people as well for one year?
thumb_up Recommended (0)
Zaryab khan Feb 23, 2023 06:05pm
Absolutely agreed with this beutiful article. Should be implimented as soon as possible. Its the only fast solution of pakistan,s collapsing economy.
thumb_up Recommended (0)
HH Hussain Feb 23, 2023 10:43pm
The simple life need today crucially was never before. This is what our religion teach us. Government needs to fix all such things without further delay and should discourage such luxurious spending by implementing it first on elite and making it rule of life and death for Pakistan.
thumb_up Recommended (0)
HH Hussain Feb 23, 2023 11:03pm
Interesting is this that despite harshly need of such measures the international lenders like IMF shall never ever recommend it to make part of their conditions?
thumb_up Recommended (0)
Syed Hadi Feb 23, 2023 11:39pm
I think it all starts from top. When most powerful personality in the country is getting wealthy through property or other commissions and whoever tries to pinpoint this is punished, then the number two to the lowest say " just get rich by hook or crook". Still there will be no belt tightening by our top. The cars will be imported, their kids will live abroad with money from Pakistan, businesses will be established through sale of gifted properties here, no one will sacrifice.
thumb_up Recommended (0)
Az_Iz Feb 24, 2023 04:19am
This article is so on the money.
thumb_up Recommended (0)
Az_Iz Feb 24, 2023 04:22am
The government wants loans with easy terms, so the consumption binge can go on, and the government can stay in power. So they will not take the hard decisions. iMF is forcing the government to take the hard decisions which is actually good.
thumb_up Recommended (0)
Ahsan Feb 24, 2023 07:53am
If our businesses start paying a fraction of the tax due we would not need to tighten our belts to this extent
thumb_up Recommended (0)
Mansur Ali Quettawala Feb 24, 2023 08:43am
Excellent! But how are we going to implement? We are a conscious less nation. Selfish to the core!
thumb_up Recommended (0)
Orion Feb 24, 2023 08:45am
All sensible points but this Nation will not do it voluntarily. A leader will make them do it, that man or woman is nowhere to be seen
thumb_up Recommended (0)
Mansur Ali Quettawala Feb 24, 2023 08:46am
Excellent! But how are we going to implement this? We are a conscious less nation. Selfish to the core!
thumb_up Recommended (0)
Amir Feb 24, 2023 11:59am
Within a couple of years of so-called independence from UK, we became a slave nation just like hundreds others to the west which includes US and ironically UK. India is a terrible example quoted here since life there is far worse than in any African third world country. Simply leave Pakistan and send dollars back to your families here so they don't suffer like hundreds of millions of others in Pakistan and many billions all across the world like ants without brains.
thumb_up Recommended (0)
Sabeeh ud din baber Feb 24, 2023 02:05pm
Sorry to say pakistan dont have any capability to produce petfood here So import of pet food for pets are zaroori Bezuban ko kon puchy ga? Insan ka sub b zaroori ha lekin pets k lye krna bht barri naiki ha
thumb_up Recommended (0)
Sidra bilal Feb 24, 2023 02:20pm
Extremely well studied n conveyed ,I wish our nation to understand the gist of this article n follow it in true letter n spirit.
thumb_up Recommended (0)
Taimoor Feb 24, 2023 02:20pm
1st and the most important task is to reduce military lavish expenditure. It accounts for 70% of our loans.
thumb_up Recommended (0)
Rizwan Feb 24, 2023 05:25pm
What's there to tighten? In general, save upper middle class and the rich, Pakistanis have always lived a frugal lifestyle .
thumb_up Recommended (0)
Hamid Feb 24, 2023 05:34pm
@Tahir No arguments about the necessity in cutting down on imports. However, living with simplicity will not solve our problems. The only expenditure that needs to reduce is government (incl military). Private expense should just be taxed properly; rupee should free float and that customs properly collected. An artificial control over private expense would be detrimental. Policy should focus on increased industrial activity. We need to produce more as a nation, for both domestic consumption and export.
thumb_up Recommended (0)
Saif Ullah Khan Feb 24, 2023 07:21pm
Dear BR! I hope you know your readers. Please don't waste our time by publishing such "Rona Dhona" waste of cyber space. There is nothing new about this 10 minutes waste of time, not even the perspective is new. Kindly maintain the standard for your readers take out time and read your blog.
thumb_up Recommended (0)
Abdul Aziz Feb 28, 2023 08:18pm
Excellent article. I hope we follow the advices seriously
thumb_up Recommended (0)
Abdul Aziz Feb 28, 2023 08:19pm
Excellent article. I hope we implement it seriously.
thumb_up Recommended (0)