Pakistan Facing Financial Collapse
(Zeeshan Ahmed Khan, Karachi)
Pakistan's troubles are growing
by the day, it seems, as some analysts are now suggesting that the country is
almost on the brink of total economic collapse, and meanwhile UN officials are
warning of severe malnutrition among children who are still receiving little
aid. The flood crisis is adding a huge burden to a country that already had its
share of problems, financial and otherwise Pakistan was already in serious
financial trouble even before the floods which have left millions homeless and
1/5 of the country underwater, its government was over $50 billion in debt
earlier this year, and the cost of rebuilding will be staggering. Thousand upon
thousands of homes, schools and hospitals have been swept away and in the
affected regions, most of the roads have been destroyed as well. The loss of
this summer's wheat crop and the potential loss of the fall wheat planting will
lead to food shortages in a country already struggling to feed itself. Fears of
unrest in the populace are beginning to mount and the country is dealing with a
security problem regarding extremist violence which is likely to only worsen.
United Nations officials are renewing pleas for aid as announcements were made
that the potential for malnutrition among children is growing into a serious
threat. The UN said that the overall health situation among flood victims is
relatively stable and under control for now, but UNICEF spokeswoman Marixie
Mercado warned that "the emergency is far from over: large numbers of women and
children have not been reached with the assistance they urgently need" and that
young children are particularly vulnerable. The World Food Programme has said
that it has only received a small fraction of the food aid needed and that much
more help from donors will be necessary to stave off the looming hunger crisis.
It seems clear that the survival of the victims, and indeed the stability of the
entire nation, is dependent on the rest of the world's participation in the
recovery efforts. It is our duty to help Pakistan meet the challenge or the
human, economic and political costs will be even greater in the long run. For
the people who call Pakistan home, it seems that all they can do is pray that
the international calls for help will be heeded. The country's very survival may
hang in the balance.