Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

How the Army, corrupt elite turned Pakistan into a basket case
India Narrative ^ | 15th May 2023 | Mahua Venkatesh

Posted on 05/18/2023 10:21:46 PM PDT by Cronos

Pakistan’s Army needs to take a large chunk of the blame for ruining the country’s economy. Last year, former Army Chief, General Qamar Javed Bajwa officially admitted that the military has been meddling in politics for decades.

“In my opinion, the reason for this is the constant meddling by the army in politics for the last 70 years, which is unconstitutional,” he said, adding that the crumbling economic situation must be taken as a lesson and all stakeholders need to work together to safeguard the country’s interest. Last year in November General Asim Munir took charge as Pakistan’s new Army chief.

But evidently, lessons have not been learnt.

The recent arrest of former Prime Minister Imran Khan, who soured his relations with the powerful military has once again led to intensifying political turmoil in the country, which is staring at a default. The political crisis will dent the economy further.

While Islamabad is currently in talks with the International Monetary Fund for a $6.5 billion bailout package, the two have not yet come to an agreement despite negotiations dragging on for months.

The business community now fears that the multilateral lender may leave its stamp on the budget slated to be announced on June 9. What has irked the business captains is Pakistan Finance Minister Ishaq Dar’s lack of interest in inviting them for talks before framing the budget contours.

Without the IMF’s financial assistance, Pakistan may not be able to avert a default. But with the deepening political crisis, many fear that the IMF will further arm twist Islamabad before it gives its approval for the loan.

In Pakistan, political crises are nothing new. Fair elections are rare in the county and no prime minister has ever completed his tenure.

“While the much-feared second breakup of Pakistan is not going to happen, the downward descent will accelerate as the poor starve, cities become increasingly unlivable, and the rich flee westwards,” an editorial published in local newspaper Dawn said. It also said that running the country is not the economy is not the Army’s job.

A decisive role in national politics, whether covert or overt, was sought for personal enrichment of individuals and it has nothing to do with national security, the Dawn noted.

A Brookings research pointed out that political parties in Pakistan directly point to the military’s interference in politics, “but only when they are in opposition; when they are in government and enjoy that support, they do little to challenge it.”

“This was true of Khan’s party when it was in power, and it is true of Sharif’s government now,” it said, adding that the interests of the common citizens have always been disregarded and they have continued to pay the price for the country’s long history of political instability.


TOPICS: Business/Economy; China; Foreign Affairs; Iran
KEYWORDS: balochistan; baluchistan; brics; ccp; china; india; iran; kashmir; pakistan
After a $2 billion loan rollover in March, the Industrial and Commercial Bank of China Limited last week approved another assistance of a $1.3-billion. Despite this, bilateral loans from friendly countries are now shrinking amid the geopolitical and geo-economic uncertainties. This has caused concerns for Islamabad.

Pakistan—in case of a default– will be the second South Asian country to go bankrupt after Sri Lanka.

Incidentally, Sri Lanka too kept denying reports of a default until it officially announced bankruptcy.

1 posted on 05/18/2023 10:21:46 PM PDT by Cronos
[ Post Reply | Private Reply | View Replies]

To: Cronos
If there is trouble in a country, it's always wise to check the presence of US/CIA involvement.

"This is a list of activities ostensibly carried out by the U.S. Central Intelligence Agency (CIA) within Pakistan."

Where there is trouble, there is the....

2 posted on 05/18/2023 10:41:59 PM PDT by Karl Spooner
[ Post Reply | Private Reply | To 1 | View Replies]

To: Karl Spooner

That is very good advice.


3 posted on 05/19/2023 12:27:32 AM PDT by agere_contra
[ Post Reply | Private Reply | To 2 | View Replies]

To: Karl Spooner

The CIA is like Ben Crump, or Al Sharpton rolling into a community; when they show up things are just going to go to hell.


4 posted on 05/19/2023 1:50:01 AM PDT by Antihero101607
[ Post Reply | Private Reply | To 2 | View Replies]

To: Cronos

Practically since the founding of the Pakistan state — a country with a multitude of ethnicities that have little love for one another — and now for 75 years, the Pakistan Military ISI intelligence element has played a direct role in the state. For decades it has been involved in narcotics trafficking out of Afghanistan, and it has become a popular assignment for corrupt officers on the make. The CIA knows all about it, as do most European services. They play along because Pakistan’s civilian politicians have historically been as corrupt as the military.


5 posted on 05/19/2023 1:56:53 AM PDT by Bookshelf
[ Post Reply | Private Reply | To 1 | View Replies]

To: Cronos

.


6 posted on 05/19/2023 2:24:00 AM PDT by sauropod (“If they don’t believe our lies, well, that’s just conspiracy theorist stuff, there.”)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Bookshelf

Nothing said about how Islam perpetuates poverty, tyranny, and warmongering.


7 posted on 05/19/2023 3:33:32 AM PDT by Socon-Econ (adi)
[ Post Reply | Private Reply | To 5 | View Replies]

To: Cronos

Substitute the word America for Pakistan and see the future. You too can be a psychic.


8 posted on 05/19/2023 5:34:28 AM PDT by VTenigma (Conspiracy theory is the new "spoiler alert")
[ Post Reply | Private Reply | To 1 | View Replies]

To: VTenigma

you think the US Army interferes in the USA the same way Pakistan’s army does?

If you think that, you really don’t know anything at all about Pakistan and very little about the USA


9 posted on 05/19/2023 6:02:27 AM PDT by Cronos
[ Post Reply | Private Reply | To 8 | View Replies]

To: Cronos

Give it time.


10 posted on 05/19/2023 6:24:15 AM PDT by VTenigma (Conspiracy theory is the new "spoiler alert")
[ Post Reply | Private Reply | To 9 | View Replies]

To: VTenigma

it’s not going to happen. the ethos of the military in the USA is utterly different from that in Pakistan


11 posted on 05/19/2023 8:04:50 AM PDT by Cronos
[ Post Reply | Private Reply | To 10 | View Replies]

To: Cronos

That may be true. Go to Bannon’s warroom and see what Seb Gorka said yesterday. Pretty much mirrors my comment and I saw his piece after I commented.


12 posted on 05/19/2023 12:54:35 PM PDT by VTenigma (Conspiracy theory is the new "spoiler alert")
[ Post Reply | Private Reply | To 11 | View Replies]

To: Cronos

That may be true. Go to Bannon’s warroom and see what Seb Gorka said yesterday. Pretty much mirrors my comment and I saw his piece after I commented.


13 posted on 05/19/2023 12:54:35 PM PDT by VTenigma (Conspiracy theory is the new "spoiler alert")
[ Post Reply | Private Reply | To 11 | View Replies]

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson