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Pakistan can’t grow amid bomb explosions

3 minutes read

Pakistan can’t grow amid bomb explosions

3 minutes read

Key Points

  • Amid the explosions how someone can bring investment in Pakistan?
  • Until young youth in Pakistan is educated and involved in high-tech projects, the economy cannot progress.
  • The biggest problem in Pakistan is that we start projects but don’t complete them, and money goes somewhere else.
  • Pakistan needs to pull up its socks and take important steps to get investments.

In a recent interview with Sajid Tarar, a businessman and politician based in Washington, Dr Cheema discussed several critical issues concerning Pakistan. The interview covered the recent visit of the Vice Premier of China to Pakistan, the tragic killing of 20 people during a public address by the JUI (Jamiat Ulema-e-Islam) party, upcoming elections, the vulnerable security situation in the country, and the prospects of attracting investments.

Sajid Tarar expressed concern over the wave of violence in Khyber Pakhtunkhwa (KPK), highlighted by recent bomb blasts, including one at a JUI convention in Bajor City. He pointed out that such security challenges could deter potential investors from considering Pakistan, and he criticized the lack of serious action to address the ongoing security threats. Moreover, he expressed sorrow that certain individuals were using these incidents for political gain, neglecting the overall impact on Pakistan as a nation.

Tarar stressed the need for Pakistan to address its security situation promptly and effectively. He lamented the decline of moral values and societal deterioration, citing incidents like Rizwana and Bahawalpur University as examples. He criticized the International Monterey Fund (IMF) for seemingly overlooking the crisis, while only the lower and middle classes bore the burden of restrictions imposed by the institution. The lack of accountability and control over corruption were also significant concerns for Tarar, and he questioned where the IMF funds were going.

Tarar discussed India’s progress and the focus on promoting its educated youth, particularly in IT and other sectors. He expressed concern that Pakistani youth were seeking opportunities abroad due to limited prospects at home, while Afghanistan and other neighbouring countries were making progress.

When asked about the Special Investment Facilitation Council and investments from China, Tarar pointed out that economic stability could not be achieved without addressing law and order issues. He emphasized the importance of local manufacturing and creating a conducive environment for foreign investors. He urged reforms in the judiciary, bureaucracy, and police systems to combat corruption and provide a transparent and just society.

Tarar further highlighted the significance of education and the involvement of young people in high-tech projects and IT-related jobs to drive the country’s economy and development, drawing lessons from India’s approach. He stressed the need for tax compliance, accompanied by transparent governance, to restore public confidence and attract investments. Tarar believed that CPEC’s progress had been slow and called for concerted efforts to complete projects and pull the country out of its current situation.

In conclusion, Tarar underlined the need for Pakistan to focus on completing projects, ensuring transparency, and adopting measures to attract investments. He urged the nation to address security concerns, reset accountability systems, and improve the overall environment for investment and progress.

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