A fragile economy

During the last seven decades, not a single effort was made by past rulers to improve the economy by utilising the country’s precious resources and liberating the nation from the vicious economic dependence on foreign borrowing.Each government left billions of dollars-worth debt for the incoming government. The extremely hardworking nation is bearing the brunt of the blunders made by its rulers. It is time we considered depending more on our own resources and refrained from asking loans from other countries. It is widely believed that we will be able to put our economy on the right track, if we root out corruption and mismanagement from our government departments. We have to wait and see how the new federal government of Prime Minister Imran Khan practically approaches the issue of foreign borrowings.Abdul Samad SamoKarachi

from The News International - Newspost https://ift.tt/2UpI6b5