PAK'S Turbulent economy

Pakistan economy is today standing at corridors of high interest rates, inflationary pressures, unemployment, depleting resources, stagnant growth rate and energy crisis looming large. The fiscal and monetary policy is nowhere supporting the overall economic degradation. Government's growing budget deficit and continuous support from SBP hasn't helped the cause of common man. Beside growing terrorism and unrest has greatly affected the FDI.
The last year's devastating floods quietly extended the $10 billion loss to the national exchequer. The mismanagement, corruption and lack of political will to initiate institutional reform particularly in FBR and public service enterprises. The ever increasing energy prices due to unrest in Gulf and North African countries resulting on passing the prices to end consumer has also dented the prospects of the economy. The increased petroleum prices are triggering the overall gloomy picture because the country's dependence on furnace oil is far  from optimal levels.
The country's debt management has been below par. The federal Government continuously deriving 2 billion PKR per day to finance its budgetary expenditures from SBP. Thus leaving little room for the private sector growth. The minimal private sector enterprising pinpoints concern towards overall unemployment and GDP. the economy needs to grow with accelerating pace to cope up with fresh entrants in work force and lightening population growth. The lack of economic opportunities would pose serious threats to overall security of the country. The gap between employed and unemployed would be exploited by militants and fanatics for their vested interests.
The grimmer of hope in deep darkness is the increasing monetary value of Pak exports because of boost in international commodity prices. The worker's remittances have also gained momentum as it might come close to $12 billion in current financial year  but analysts attribute it with growing Arab revolution in middle east and tightening checks and balances in western financial institutions due to Al-Qaeda  threats.
The critical economic situation demands austerity measures from all the stakeholders of the country so that deep rooted ills of the economy could be fixed.
The policy makers and and political leadership have to urgently address the core economic policy and at the same time  revamp the long-term planning in order to create more economic and enterprising opportunities. All efforts must be ensured to broaden the tax net, review interest rates, diversify exports, lower the fiscal deficit, and stabilize PKR. The regulatory measures must be ensured to check inflationary pressures existing in the economy  and foreign aid dependence must be reduced gradually in order to make more independent and sovereign economic decisions based on ground realities. The economic interests of the common man must be given priority in any planning and advisory.

The colourful Pk Politics

Pakistan is the country where the political landscape changes in Bink of an eyes. It literally surprises everyone and thus creates absolute thrill and drama. The friends become foes and foes turnaround as folks. The people just watch and  get along with this political feast. the country already starved off real entertainment finds it an ideal opportunity to witness this jigsaw puzzle. The warm weather and continuous energy shortages have just made our politicians real energetic and zealots.

The two traditional rivals PPPP and PML N have come on big time to each other. The days are not far when both leaders  zardari and sharif were calling themselves brothers and were promising to continue their brotherhood and friendship to next generations in form of hassan nawaz and bilawal zardari. The warmth from both sides was expected to last briefly and as anticipated sharif parted ways on account of false promises and commitments from zardari. but the classic friendship on government levels was still on as pppp was part of shahbaz led Punjab coalition and PML N as termed by critics was playing role of friendly opposition.

The things begin to slide in last February when shahbaz ousted the pppp ministers from its cabinet and nawaz started to pass on harsh comments to zardari. The recent showdown comes from AJK elections campaign when nawaz tightened its screws on zardari and termed the federal government along with zardari corrupt, timid and incompetent and blamed zardari for the pressing problems of Pakistan in terms of terrorism, load shedding, unemployment, corruption and growing inflation. The heat was on when zardari addressed the gathering on eve of BB birthday at naudero larkana. Zardari's outburst was rather more emotional hitting nawaz personally calling him apolitical, molvi and friends of militants. Zardari's burst was rather obnoxious as he is also president and analysts thought his brawl at the times was above the sanctity of his office which is constitutional and figurehead of federation.

Pak politics has now certainly entered into period of uncertainty and unpredictability. The traditional rivalry has once again resurrected and its just matter of time when the real battle of power begins. The things for zardari and pppp would not be smooth as uneasiness among masses on account on long breakages of electricity, unaccountable corruption, increasing prices and above all target killings and manifold terrorism nevertheless security failures in abbottabad and PNS mehran. Nawaz with all to play for may have set some targets to dislodge current set up and mobilize people for real change . The public at fences will have so much colourful political performances to look for in days to come.