Pakistan News And Discussion-9

[Naresh]

<!--QuoteBegin-Mudy+Dec 9 2006, 09:22 PM-->QUOTE(Mudy @ Dec 9 2006, 09:22 PM)<!--QuoteEBegin--><b>Pakistan conducts third missile test in 3 weeks</b>

Nareshji,
I was thinking, why Pakis are testing missiles? why suddenly they have decided to show off manhood?
Now I think, something is coming.  Mushy and Shortcut have created a real financial mess for Paki Army to deal.  <!--emo&--><img src='style_emoticons/<#EMO_DIR#>/biggrin.gif' border='0' style='vertical-align:middle' alt='biggrin.gif' /><!--endemo-->
[right][snapback]61912[/snapback][/right]
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<b>Mudy Ji :</b>

1. Pakis are Testing the “Meejiles” as India has tested a few. Good another “Meejile” less in the Pakistani Store Room! In addition it takes the euphoria caused by tests in the General Pakistani public takes the Average Abdul Rehman's & Abdul Rehmania's mind away from the dire problems of day-to-day life!

2. Shortcut Asis is just a Factum Factotum to Mush the Tush.

The combination reminds me of Colonel Cargil in <b>Catch 22</b>. I think you may find it on Page 36 – Soft Back Edition.

The crux of the matter is that Pakistan’s Resources are being spent on the Military without any regards to the effect it will have on Pakistan’s Financial & Economic Situation. I draw your attention to the following Article :

<b>Pak economy facing risks of deficit, inflation : World Bank</b>

<!--QuoteBegin-->QUOTE<!--QuoteEBegin--><b>The report further said the fiscal deficit during the first quarter of FY 2006-07 stood at Rs 86.7 billion (1 per cent of projected GDP of Rs 8,808 billion), a sharp increase from Rs 37.7 billion (0.5 per cent of the GDP) in the first quarter of the previous financial year. “This was largely on account of rising development expenditure <span style='font-size:14pt;line-height:100%'>as well as large ‘unidentified’ expenditures of Rs 33 billion,” the report commented.</span></b><!--QuoteEnd--><!--QuoteEEnd-->

Mudy Ji, this is over USD Half Billion over a period of Three Months. God only knows of the number of Expenses under other Heads-Items, which, are being Shovelled into the Pakistani Military’s Bottomless Pit.

The way things are going about in Pakistan one does not see any sign of Hope other than <b>Uncle and Underwear Friend</b> coming to Pakistan’s rescue and save it from Failing as a State.

Meantime here is another Article commenting on the possible Devaluation of the Pakistani Rupee :

<b>Trade deficit likely to devalue rupee</b>

<!--QuoteBegin-->QUOTE<!--QuoteEBegin-->The International Monetary Fund issued its annual report on Pakistan's economy, in which the country is stated to be making satisfactory progress, a private TV channel reported.

<b>Owing to the increasing trade deficit of the country,  <!--emo&:flush--><img src='style_emoticons/<#EMO_DIR#>/Flush.gif' border='0' style='vertical-align:middle' alt='Flush.gif' /><!--endemo-->the report signalled 20 per cent downward move in rupee’s value<!--emo&:flush--><img src='style_emoticons/<#EMO_DIR#>/Flush.gif' border='0' style='vertical-align:middle' alt='Flush.gif' /><!--endemo--> and urged the transparent utilisation of national resources and implementation of elastic policies.</b><!--QuoteEnd--><!--QuoteEEnd-->

It seems that there is no dearth of such “Encouraging News” in Pakistan!

Cheers <!--emo&:beer--><img src='style_emoticons/<#EMO_DIR#>/cheers.gif' border='0' style='vertical-align:middle' alt='cheers.gif' /><!--endemo-->