Three Major Reasons Of Pakistan Default Risk

BankJobsPakistan
0

 There are several small Reasons which can cause of Pakistan Default in term of International Payments in US Dollars Currency. Here we will explain the 3 Major Reasons which are Destroying the Economic Situation of Pakistan.

·        Establishment Involvement/ Pakistan Army Generals

·        Political UN-Stability

·        Corruption in Government Institutions

 

Establishment Involvement and Pakistan Army Generals:

After Becoming Pakistan in 1947, Pakistan army generals always involve  in Government Matters whether matter was about foreign policy of Pakistan, Defense Policy or Defense budget. Pakistan generals always use Political Leaders in front of Pakistan Public. Pakistani army Generals always use the other Pakistan institution like Supreme court of Pakistan, NAB, Federal Investigation Agency to black mail the Political Leaders of Pakistan National Assembly. The best example is recently regime change in 2022 by General Bajwa (Ex Chief of army Staff).

Political UN-Stability:

Another Reason is Political UN-Stability in Pakistan.  When one party come in government with the help of Establishment, they always create cases their all opposition parties. IN Pakistan all Political Parties come in Federal Government for their own interest as well as Establishment desires instead of Public interest  when their government period come to end they started blame on Establishment. This double policy is choose by All Political Parties when they come in Federal Government of Pakistan.

Corruption in Government Institutions:

This is  major Reason in becoming Pakistan default Risk, Pakistan Government institutions are totally corrupted from Upper management to lower management. Even Forces like Senior Head officer , Assistant Senior Inspector and Senior Inspector Police officer does not work without any Political link or money from middle Class. PIA (Pakistan International Airlines) institute has been economically destroyed due to Corruption of government officers as well as also Political leaders Corruption which cause of extra Tax Burden on middle class and lower class people of Pakistan while Superior class people enjoy  on tax money of middle class People and  Loans taken from International Banks like World Banks, IMF and Asian Development Bank as well as financial Aid from Muslims Countries  like Saudi arab, UAE and Turkey etc. These Money Borrow on the development of lower middle class people and infrastructure of different Sectors but these fund are cause of Corruption.

Post a Comment

0Comments

Please Select Embedded Mode To show the Comment System.*

#buttons=(Accept !) #days=(20)

Our website uses cookies to enhance your experience. Check Now
Accept !