Pakistan-heading towards more crises.

We all are responsible for pushing our country quickly to the point of no return on national issues and we all are responsible for creating the crises ourselves and we are failing to counter serious challenges. We have been handling this country carelessly and immaturely without proper requisite planning. The adhocism adopted by successive governments and now PTI has brought us to the present situation, where our rupee has dipped to Rs 160 to a dollar. Let us view the most recent issues and mega scandals. The main challenge is the economic debacle that could not be rectified in two-and-a-half years. Now FATF has once again decided that Pakistan will continue to stay on the grey list for another four months, until June despite significant progress and meeting 24 out of 27 points in the action plan. The decision is highly biased and seemed to be influenced by anti-Pakistan propaganda. Instead of removing Pakistan's name, FATF announced 'Pakistan remains under increased monitoring'. I ask Mr Marcus Pleyer, President FATF; what was the need to praise Pakistan when FATF failed to take Pakistan out of the grey list? It is a hypocritical statement by President FATF whereas Pakistan has already lost $38 billion because of being on the grey list. Will FATF cover our huge economic loss because of its discrimination? The government should not start praising FATF to reciprocate their hollow praises as it is a trap to block Pakistan from reacting to its decision. The Ministry of Foreign Affairs must not take any credit for praises or not being placed on the blacklist but should react over keeping Pakistan on the grey list till June as the fact is that we will be further hammered under increased monitoring.

Let us pick the first fall of the rupee as this is very important as the devaluation of our currency from 124 in July 2018 to Rs 160 today has badly affected our economy and still, no reforms or policies have been brought by our government to get hold of this constant decline. Currency Mafia from Karachi to Peshawar is fully active in minting money. Whereas Inflation has jumped from 5.8 percent in July 2018 to a record high of 14 percent in 2020 making the life of a common man miserable. It is likely to increase further this year. More price hike is likely to hit the common man. Pakistan will be forced for more price hikes at the cost of the already crushed common man by the Government and IMF. The new price hikes and the additional coronavirus burden...

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