My Vision to My Country free essay sample

Talibanâ€Å"I belive that no country can prosper until the people themselves realises the worth of their country†. Unity, Faith and Discipline, was the slogan of Mohammad Ali Jinnah but unfortunatley few follow him. Today we are fighting,we are arrogantt and most of all we have corrupt politicans OVERVIEW It is an undeniable and well-established fact the last decade was disastrous for Pakistan. While many developing nations made substantial progress, Pakistan lurched from one Energy and economic crisis to another, mainly of its own making. Weak macroeconomic management, lack of commitment and courage to undertake difficult structural reforms, a personalized and politicized state of decision-making and alarming levels of corruption were typical of the quality of governance. Commercial banks and other financial institutions became instruments of political patronage and profit for favored cronies. The gross mismanagement of public sector enterprises like the Electricity,Water amp; Power Development Authority, the railways, Pakistan Steel Mills, Pakistan National Shipping Corporation and Pakistan International Airlines, NICL and Hajj Scandle added further to the problems. We will write a custom essay sample on My Vision to My Country or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Failures in enhancing revenues consistent with growing expenditure requirements, decline in exports and other foreign exchange inflows, imbalances and vitiated caused the insecurity to foregin companies to invest in pakistan. On the political side, successive governments during this decade pursued twin agendas of blatant self-aggrandizement and ruthless revenge. In last 5 years level of living gets down and down and people are unable to get even Necessities of Life. Undesireable and unpredictable load shedding is the gift of Last Government. In the comity of nations, Pakistan faced isolation and remained on the defensive on a number of issues, which were vital to its international standing. Such a state of affairs had a far-reaching impact on the country’s economic well-being. There was despondency among all, as many began to talk of Pakistan â€Å"as a failed state†. Here i will Discuss Major Problems those are currently Facing by Pakistan and What’ s My Vision to Rectify these Problems. PROBLEMS CURRENTLY FACING BY PAKISTAN. ENERGY SHORTAGES: Electricity shortages nearly doubled under the PPP compared with the previous administration. Some places in Pakistan suffer blackouts for up to 18 to 20 hours a day during these months. The country also has experienced increased shortages of natural gas, which were felt acutely during the winter because many people rely on natural gas to heat their homes as well as cook. Spending on energy subsidies and failing public enterprises has helped sap the governments funds, which are much lower than they should be because of ineffective tax collection. The combination of these factors means the government will likely have to seek yet another unpopular bailout from the International Monetary Fund. FALTERING ECONOMIC GROWTH: The economy has grown at less than 4 percent a year under the most recent government, which was led by the Pakistan Peoples Party and governed for five years. That is much lower than the rates during the previous administration, which at times hovered near 7 percent. Under the most recent government, inflation spiked, reaching an annualized rate of around 25 percent in some months. However, the inflation rate has fallen and averaged around 11 percent last year. BAD LAW AND ORDER SITUATION: The military has launched numerous operations against the Pakistani Taliban in the countrys northwest tribal region along the Afghan border during the past five years. Analysts say the operations and U. S. drone attacks against militants in the tribal region have helped produce a significant decline in overall levels of violence in 2011 and 2012. But the Taliban have remained a potent threat, including during the election campaign. The group carried out near-daily attacks against election candidates and offices that killed more than 130 people. The militants mostly targeted liberal secular parties that supported operations against the Taliban. Sectarian violence by radical Sunni Muslim militants against minority Shiites also has significantly worsened in recent months. he prospects of achieving higher economic growth, indispensable for reducing poverty, will depend on the ability of the country to unlock the creative energies of the people. Besides education we also need to invest in health and population planning. We Can Do It. Pakistan has lived through a difficult and testing period in the not-too-distant past. Its economy was fragile, the balance of payments was highly vulnerable to external shocks, the country’s debt burden had reached alarming proportions, financial indiscipline was the order of the day and the country’s foreign exchange reserves were at dangerously low levels. After four-and-a-half years of hard work, Pakistan’s economy is now resurgent and the balance of payments has never been as comfortable. Notwithstanding the impressive progress made so far, the government must not be complacent, as the country has not yet realized its true potential. The 150 million people of Pakistan have enormous potential to excel in many areas. Their intelligence, their dynamism and their ability to learn are second to none. What is required is the unlocking of the creative energies of the people. My vision of a strong, vibrant, stable and moderate Pakistan playing an effective role in the world is based on my faith in the people of Pakistan. If we stay the course, I am confident that the desired results can and will be achieved. Let us together make Pakistan a better place to live in and bequeath a stronger country to our current and future generation is an undeniable and well-established fact that the decade of the 1990s was disastrous for Pakistan. While many developing nations made substantial progress, Pakistan lurched from one economic crisis to another, mainly of its own making. Weak macroeconomic management, lack of commitment and courage to undertake difficult structural reforms, a personalized and politicized state of decision-making and alarming levels of corruption were typical of the quality of governance. Appalling economic decisions hyped on populist slogans were symbolic of the freewheeling decision-making that led to the incurring of huge debt.