09-01-2003, 12:27 PM
Hi Raza!
I know there are several stages before one accepts the reality. The first one is shock, second denial and third eventual acceptance.
You are at the stage of denial. In fact the power has shifted from Islamabad to IMF and Washington D.C. You will see soon how IMF micro manages our economy. Listen, when they want they force us to raise our electricity and gas prices. If this is not loss of sovereignity than what else is? Unfortunately, this is not such a bad thing. I would rather live under a foreign master than a domestic one. At least the foreign master will treat everybody equally, the domestic master will only think of his clan and province.
Therefore, be prepared for more changes in economic policies that favour foreign investors over domestic ones. Eventually the MNCs will be more powerful than any other force in the country. I don't see anything wrong with it.
Take Care
I know there are several stages before one accepts the reality. The first one is shock, second denial and third eventual acceptance.
You are at the stage of denial. In fact the power has shifted from Islamabad to IMF and Washington D.C. You will see soon how IMF micro manages our economy. Listen, when they want they force us to raise our electricity and gas prices. If this is not loss of sovereignity than what else is? Unfortunately, this is not such a bad thing. I would rather live under a foreign master than a domestic one. At least the foreign master will treat everybody equally, the domestic master will only think of his clan and province.
Therefore, be prepared for more changes in economic policies that favour foreign investors over domestic ones. Eventually the MNCs will be more powerful than any other force in the country. I don't see anything wrong with it.
Take Care