Economic Crises in Pakistan and Government Luxurious Expenditures

Pakistan 2008 Corruption Perceptions Index Score is 2.5. Out of 180 countries, it is ranked as the 46th most corrupt country in the world. Corruption jumps 400% in Pakistan in 3 years ICC T 20 World Cup 2009 Corruption in Pakistan has surged by whopping 400 percent in the last 3 years, said National Corruption Perception Survey 2009 carried out by Transparency International. The National Corruption Perception Survey 2009 (NCPS 2009) indicates that the overall Corruption in 2002 has increased from Rs 45 Billion to Rs 195 Billion in 2009. Police and Power maintained their ranking as the top two most corrupt sectors. Major Findings of Pakistan National Corruption Perception Survey 2009 are: Police, Power, Health and Land are the most corrupt departments, and Judiciary, Customs & Taxation have improved their ranking since 2006.

Today on June 21, 2009, Pakistan won ICC T 20 Cricket World Cup 2009. Crazy about cricket, these are great moments of glory for Pakistani nation. It shows that Pakistani nation has talent to overcome uphill tasks but often talent is misused. Till the years 2000 I was also crazy about Pakistan and Pakistani cricket team. I enjoyed every moment since the year 1987 to 1992 till the year 2000. Finally, I faced great deprivations in my career. At that time I realized that I am fool who is dying for my country who offered me no hope and career. Now I have realized that super rich cricket game is not a proper match for Pakistani nation in a miserable condition.

Amazingly, the government did not reduce its expenditures. Employees have big cars, vehicles and bungalows. There are huge number of luxurious government homes and cars. Few previous governments took abstinent economic measures in the past. Last few governments did not curtail their lavish spending. Instead government is planning to increase government employees’ salary. Government employees especially officers are among most prosperous sector of society in Pakistan. Pakistani government has huge number of government employees. Such measure will increase inflation. It is an appeasement measure since government employees are powerful sector in Pakistan.

Pakistan turned to many countries for taking loan but no one helped. Even Friends of Pakistan (FoP) refused direct help. IMF is the only remaining option. Friends of Pakistan made it compulsory for Pakistan to seek IMF package so that it could monitor utilization of its own loan as well as their aid effectively in Pakistan. A $7.5 billion bailout package is expected from IMF along with around $4 billion financial assistance from international financial institutions like World Bank, Asian Development Bank, Islamic Development Bank and Department for International Development (DFID) of United Kingdom. Aid in the shape of commodities and fertilizer, export market access and oil could form the aid package from the Friends of Pakistan, the sources added. Interestingly, world nations behaved in a similar fashion as Pakistani government respond to the requests of its own people. Pakistani government never give loan neither it respond to anyone’s persistent requests or financial plight. There are no financial help available in Pakistan for those civilians who are facing crises due to bad economy or corruption. My case is well known example in the world.