Political unrest in Pakistan affects foreign reserves

Pakistani foreign reserves have trembled under political instability and ongoing tensions which mainly include terrorism, are also affecting the foreign reserves. President of Islamabad Chamber of Commerce, Mr. Ijaz Abbasi said:

‘Political uncertainty is the only factor pushing the market down and forced investors to offload their shares,’

He said the World Bank last month estimated that 33 countries were threatened with political and social unres

t because of the skyrocketing costs of food and energy, and Pakistan is among the list.

He said the dollar rose sharply against the Pakistani rupee and the only reason was the lack of political stability in the country. It definitely increases the trade deficit for the investors because we get fewer amounts form our exports and our imports cost us much due to the decrease in the value of rupee.

To prevent a sharp slide of the rupee against US dollar, the authorities should intervene and take the issue seriously; otherwise our economy will suffer a lot.

Zardari seeks more foreign aid to fight against terror

President Asif Ali Zardari has urged the international community to enhance Pakistan’s ability to fight militancy through a massive infusion of funds targeted at socio-economic development, education and employment, particularly in the tribal areas even as a key parliamentary panel has urged a peace deal with the Taliban in the country’s northwest.
Noting that more than half of the country’s 170 million population comprised youth below the age of 25, Zardari said:

“Their frustration with the current socio-economic situationand unemployment is creating a breeding ground for social unrest and militancy in the country.”

Pakistan is most likely to face a major energy crisis in natural gas, power and oil in the next three to four years...

Pakistan has been facing an exceptional energy crisis since the last few years. The problem becomes more severe during summers. However, this winter was no different. During the peak crisis there was a power outage of 3-4 hours everyday. Those without generators and UPS faced tremendous problems.

The prices of both continued to increase due to a sharp increase in their demand. During the Load Shedding hours every where whether in houses or the markets people are busy in turning off and turning on the generators or any other alternate energy source. The petrol stations are rushed with the office boys or the home servants in order to get the fuels for the generators. Can there be anything greater to cause Social Unrest than the Electricity Crisis? Now winters have already jumped in and the Load Shedding of Gas has been started without any notification. Can there be anything greater to cause Social Unrest than the Natural Gas Crisis? When the households or the Commercial unit doesn’t know that when will there be a Gas outage and when will the supply restore.

The policy makers of Pakistan have so far failed to understand one thing. They do talk about making dams and setting up nuclear power plants but why do they not understand the importance and benefits of alternate energy sources such as solar, windmill energy etc. They are cheap and quick methods for producing electricity. Pakistan is a very blessed country because solar energy is available in most cities all year round similarly wind energy is readily available in the coastal areas. These energy sources if tapped can be of great help in reducing the current demand supply gap.

These are tough times for Pakistan but the future looks a bit brighter with the help of our Heroes from Pakistan Army who are their to protect Pakistan from threats whether internal or international sadly there is a lack of leader ship in the so called Democratic Government but that hasn’t had nay impact on the ever strong leadership of the Pakistan Army and they are cleaning our the Taliban and the ones who pretend to be Taliban.Past few weeks the Northern Areas of Pakistan have been a battle ground between the Pakistan Army and Taliban ( & international conspirators ) who support the Taliban after all such heavy weaponry being used by them is not dropping from the sky but i am glad that this time its going to be a final battle and we as Pakistani must give moral Support to Brave Soldiers of Pakistan Army who are laying their lives for the protection of Pakistan which is not easy when the whole World is against you which most of them fail to understand !
Here is a must see video by Zaid Hamid on the current situation of Pakistan.

16th of October 2009

On 16th of October 2009, terrorists once again shuck lahore at 9:30 am, this time target was the same i.e. Police. Our protectors were attacked. The people who don't sleep, eat & sacrifice their family time rather Embrace SHAHADAT. More than 1200 Police personnel have embraced shahadat & more than 1700 have been injured. There were 08 suicide bombers, 04 each in Police training school Manawa & Elite training School BADIAN ROAD, wearing suicide jackets having at least 20 kilos of explosive with pellets, shrapnel & steel balls.

The roads of city which were bustling with traffic were empty by10 a.m. It looked & felt as if our own country was under attack; I was receiving calls from my parents, brother, family members & other well wishers about my safety. The whole social life set up of the city came to a Standstill. Shops, Bazars, Hotels, Markets went empty, the only place everyone was concentrating upon were the hospitals. People from all walks of life were terrified specially the students were really terrified. Terrorism directly effected the inner social fabric of the society, but the fabric of the society, but the Police fought bravely & still trying its best to keep the social life Interact.

Poverty

Pakistan as a nation is a developing country and consequently facing many social problems like economical, educational, political religious and many of it. And it’s very important to solve them but for this we have to solve the small issues first. As poverty is an other issue in Pakistan and as a result children are made to work in various ways. And this child labour issue in Pakistan is considered a violation of human rights by united nation. Pakistani society is such that poor child can quite conveniently be deprived of basic education, just because of his parents think that now it’s their child’s responsibility to feed the rest of his family members. Anyone up to the age of 18 is a child and his basic right is to receive education and proper upbringing rather than use his hands to destroy his own bright future and feed the rest of his family. Child labour is a serious social problem within Pakistan because the future and progress of any country depends on an educated and enlightened youth and if a child is not properly socialized then he/she will not be able to grow as confident and literate Pakistani citizens. So it’s our responsibility to tell others.

Beggary As a Cause of Social Unrest

Beggary has become a profitable business in Pakistan and is growing day by day. Professional beggars of Karachi are having a successful business. Even the police and administration seem hesitant to take any action against them.
Hoards of beggars mostly women and children are seen begging in markets, shopping centers, road and streets of the city. Public transport vehicles, especially buses, minibuses, coaches and local trains, are amongst the most profitable business locations for these professional beggars. Thousands of men, women and children beg regularly on these spots from dawn to dusk. They have many heart-wrenching stories to tell.

They claim they are not professional beggars but forces to beg due to some tragedies. These tragedies include needing money due to serious illness of self, parents or children; workplace accidents, prolonged joblessness due to one reason or another, etc. These professional beggars are pro orators and master persuaders. They often manage to soften the hearts of their listeners with their tragic tales told in tear-filled emotional voice.