Pakistan seek economic assistance at the expense of sovereignty. Instead of generating funds by curbing corruption and improving tax collection mechanism, our beloved leaders always seek resort going hat in hand. U.S.-Pakistan Economic Dialogue held on 11 August 2008. The sycophantic behavior of our politicians can clearly be felt from their words. Participants included secretaries from different ministries of Pakistan including the then Finance Minister Naveed Qamar. U.S. government representatives included Ambassador Ann. Patterson and others. Naveed Qamar started Dialogue by thanking U.S. government. Cable says:
"Pakistani Finance Minister Syed Naveed Qamar opened the 2008 U.S.-Pakistan Economic Dialogue by thanking the United States for its long history of support and assistance.....Qamar emphasized that additional U.S.assistance programs would help Pakistan through its current economic troubles."
The capitulation of our finance Minister welcomed intervention in Pakistan's internal matter. Predictably Assistant Secretary Sullivan highlighted:
"U.S. concern over increasing signs of weakness in the Pakistani economy and stressed that additional assistance.....could be done only in conjunction with GOP (Govt. of Pakistan) monetary and fiscal reforms"
The "reforms" included ceasing finance fiscal deficit through Central bank ,expanding tax, and rapid privatization. The purpose here is not to weigh the recommendations ,but to see the damage external financial assistance has caused to sovereignty. There are hundred better ways of financing our homeland than seeking assistance. Pakistan has all resources. The only and severest dearth we face in our homeland is that of honesty and sincerity.
