Author Topic: Pakistan's Infrastructure : Multinational Destruction of Their State  (Read 29632 times)

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Offline Satyagraha

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Re: Pakistan's Infrastructure : Multinational Destruction of Their State
« Reply #40 on: June 19, 2009, 11:21:37 pm »

Call me a cynic, but this looks like a payoff to buy continued cooperation of government employees as Pakistan is being destroyed:


Govt employees salaries, pensions, raised by 20 pc

By Syed Irfan Raza
Friday, 19 Jun, 2009 | 09:34 PM PST |
http://www.dawn.com/wps/wcm/connect/dawn-content-library/dawn/news/pakistan/11-govt-employees-salaries--pensions--raised-by-20-pc--il--03

ISLAMABAD: The government has decided to increase the salaries of government employees from grade one to 16 and pensions of retired servants by 20 per cent, federal minister for overseas Pakistanis Farooq Sattar said.

Mr Farooq who is a front line leader of Mutahida Qaumi Movement (MQM) revealed this after meeting Prime Minister Syed Yusuf Raza Gilani and advisor to Prime Minister Shaukat Tarin discuss the Finance Bill 2009-10.

‘On our request, the prime minister directed the concerned authorities to raise the government employees salaries from Grade one to Grade-16 by 20 per cent. Moreover, it was also decided that those government employees would also get 20 per cent raise in pensions who had retired before year 2000,’ he said.

Meanwhile a leader of Awami National Party (ANP) Haji Adeel presented a new formula to parliament, suggesting a 25 per cent raise in the salary of employees of grade one to five, and lowering salaries by one per cent from grade six to 22.

In the recently announced federal budget 2009-10, the government had announced a 15 per cent increase in both salaries of employees and pension of retired government servants.

However, generally the raise is considered insufficient in the wake of recent high inflation.

Flanked by MQM leader Syed Haider Abbas Rizvi, Farooq Sattar told the media that the prime minister was very candid in giving a sympathetic consideration to the MQM’s demands.

‘The PM also assured the delegation that the subsidy on electricity would not be withdrawn at once and rather it would be withdrawn gradually,’ the MQM leader said.

The minister said the prime minister also agreed to withdraw Rs20 paisa tax on Short Message Service (SMS) to give boost to the telecom industry.

The MQM delegation also raised the issue of a Pakistani family caught in Drug Smuggling charges in Saudi Arabia.

‘We were assured that the punishment would not be given until the real culprits of the heroine smuggling are tracked down and are handed over to the Saudi authorities,’ he added.

Dr Sattar said the Karachi power failure issue was also raised during the meeting and it was also agreed that a back-up plan to provide electricity to the people of the city would be devised. The prime minister, he said, also assured him that the existing power transmission lines would be doubled to avoid unscheduled power outages.

The delegation was also assured that the electricity distribution companies would be asked to enhance their efficiency so as to avoid interruptions in the power supply.
And  the King shall answer and say unto them, Verily I say unto you, 
Inasmuch as ye have done it unto one of the least of these my brethren,  ye have done it unto me.

Matthew 25:40

Offline Satyagraha

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Re: Pakistan's Infrastructure : Multinational Destruction of Their State
« Reply #41 on: June 24, 2009, 06:44:35 pm »
Rs83bn loss caused to exchequer, says NAB
By Khaleeq Kiani
Thursday, 25 Jun, 2009 | 04:59 AM PST
http://www.dawn.com/wps/wcm/connect/dawn-content-library/dawn/news/pakistan/13+rs83bn+loss+caused+to+exchequer+nab-za-09

ISLAMABAD: The National Accountability Bureau (NAB) has submitted to the Justice Bhagwandas Commission a report on the wrongdoings it says have been committed by the government functionaries and oil industry people in the pricing of petroleum products causing a loss of Rs83 billion to the nation over a period of five years.

The Supreme Court constituted a few months ago the high-level commission led by former SC judge Justice Rana Bhagwandas to hold a probe into the fixing of oil prices and to suggest measures to plug loopholes in the pricing mechanism to ensure fair prices of petroleum products to consumers.

The apex court had taken serious notice of the petroleum ministry’s non-cooperation and instructed the government to provide all information to the commission so that it might reach a judgment.

The NAB report that covered petroleum pricing mechanism between June 2001 and June 2006 was originally submitted to the then president Gen Pervez Musharraf and Prime Minister Shaukat Aziz on June 13, 2006 by the then NAB chairman Lt-Gen (retd) Shahid Aziz.

The report was never made public but the NAB chairman was removed unceremoniously shortly after it was submitted to the presidency and the prime minister.

The NAB report has now been provided to the Justice Bhagwandas Commission which is expected to submit its final report to the apex court by June 30.

According to a former deputy chairman of NAB, Maj-Gen Muhammad Siddique, senior management of ‘Pakistan State Oil Company Limited (PSO) and others are involved in massive misappropriation/misuse of authority and forgery in the import of HSD (high speed diesel) and its subsequent sale in the country and … committed the offence of corruption and corrupt practices’ as defined in relevant laws.

The report prepared by a three-member investigation team and exclusively available with Dawn concluded that ‘it is sufficiently evident that (functionaries in the) ministry of petroleum in collusion with the Oil Companies Advisory Committee (OCAC), oil industry and Oil Marketing Companies (OMCs) have engaged themselves in corrupt practices for generating colossal undue financial gains for refineries and OMCs at the cost of public and economy as a whole’.

It said the federal cabinet in June 2001 entrusted the role of oil price fixation to OCAC under monitoring by the director-general of oil but none of the directors-general performed the task of monitoring and some of them even expressed ignorance about the cabinet decision. The entire price fixation by OCAC ‘remained non-transparent/dubious and the DG Oil/Ministry did not play any role, violating the cabinet decision’.

As a result of faulty policies, the profits of Shell Pakistan, Caltex and PSO increased by 232 per cent, 281 per cent and 252 per cent between 2001 and 2004-05. Likewise, the profits of Attock Refinery, National Refinery, Pak Refinery and Parco jumped by 4331 per cent, 3578 per cent, 1717 per cent and 597 per cent, respectively, between 2001-02 and 2004-05.

The report said that a loss of over Rs11 billion was caused to the exchequer because of a redundant oil pricing formula for petrol (motor spirit) while another Rs34 billion loss was caused due to wrongful addition of premiums on the import parity prices of petrol and high speed diesel between July 2001 and April 2006.

Likewise, the report pointed out that the petroleum ministry failed to cap the distribution margins of the OMCs and dealers when the petroleum prices touched the roof and provided a benefit of Rs9 billion to the OMCs and dealers between December 2004 and May 2006.

‘The ministry despite having assured the ECC in the summary of capping the margins, failed to cap OMCs’/dealers’ margins resulting in their exorbitant profit margins,’ the report said.

It calculated a financial impact of more than Rs18 billion that was `erroneously’ earned by the oil marketing companies and dealers in five years because the OCAC charged commissions even on government taxes, particularly on 15 per cent GST, that was clearly in violation of laws.

The report said that a loss of another Rs6 billion was caused to the government by ‘illegal removal of 40 per cent upper cap of profits’ to the refineries, making a total loss of Rs82.90 billion.

It said under the federal cabinet decision, the Oil and Gas Regulatory Authority (OGRA) was established in March 2002, requiring the government to immediately transfer monitoring and regulatory function of petroleum prices to Ogra. However, the transfer of regulatory role to Ogra ‘was delayed by the ministry for more than four years. The gas regulation and licensing function were transferred to Ogra, but POL pricing was withheld for four years’.

Similarly, ‘the deemed duty in the guise of tariff protection was allowed to refineries without seeking specific legal approval/issuance of SRO’.—By special arrangement
And  the King shall answer and say unto them, Verily I say unto you, 
Inasmuch as ye have done it unto one of the least of these my brethren,  ye have done it unto me.

Matthew 25:40

Offline Satyagraha

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Re: Pakistan's Infrastructure : Multinational Destruction of Their State
« Reply #42 on: June 24, 2009, 07:05:29 pm »
Sindh barrages to face 40pc shortfall in water flow
By Our Correspondent
Thursday, 25 Jun, 2009 | 01:56 AM PST
http://www.dawn.com/wps/wcm/connect/dawn-content-library/dawn/news/pakistan/provinces/13+sindh+barrages+to+face+40pc+shortfall+in+water+flow-za-02


SUKKUR: More than 40 per cent shortage of irrigation water would hit Guddu, Sukkur and Kotri barrages during next couple of days following drop in water level in the dams, sources disclosed on Wednesday.

The sources said quoting secretary of irrigation Sindh that more than 40 per cent shortage was expected at the three barrages in the upcoming days.

According to measurement taken at Guddu Barrage on Wednesday, water level at upstream was recorded at 11,7000 cusec and downstream at 95,000 cusec, thus registering a shortfall of 38 per cent.

At Sukkur Barrage, water level at upstream was 97,000 cusec, downstream at 40,000 cusec and the shortfall was 10 per cent, said the sources.

Off-taking canals of Sukkur Barrage were being supplied with 57,000 cusec of water while situation at Kotri Barrage was comparatively better where water level at upstream was recorded at 38,600 cusec and downstream at 600 cusec only. The sources said that water level at Guddu was on a constant decline and its three off-taking canals Beghari Feeder Canal, Pat Feeder Canal and Ghotki Feeder Canal were being supplied 21,000 cusec against an indent of 35,000 cusec, which would further be reduced during next couple of days.

The sources said that the secretary of irrigation had written a letter to the chief engineers, fearing water shortfall up to 40 per cent, and directed them to chalk out rotation programme for the off-taking canals.

The sources said that the impact of water shortage had already affected Guddu and Sukkur barrages but situation at Kotri was better due to ample release of water from Sukkur barrage.

The sources claimed that Tarbella Dam had reached its dead level of 1369.68 feet and inflows at the dam, recorded at 117,000 cusec on Tuesday, had increased to 126,000 cusec on Wednesday evening. At present, water was not stored in the dam and its inflow and outflow were the same, viz 126,000 cusec, the sources said.

Pond level at Mangla Dam was recorded at 1,164 feet, its inflow at 49,000 cusec and outflow at 65,000 cusec, the sources said and added that the situation was caused by less rains in the catchment areas and less ice melting due to fluctuation in mercury.

Temperature at Skardu rose to 28 degrees Celsius on Wednesday, kick-starting process of ice-melting. If monsoon set in during that period then the situation would become better, the sources said.

However, irrigation experts were of the view that the present shortage of water would prove short-lived because monsoon and floods were round the corner. They expected the shortfall of water would be over within next 15 days.

Experts said that at present the growers had started sowing paddy but it would not have any negative impact because it was still at very early stage.

=========================================
Note: (my own interpretation here -- P)

Could India be facilitating the downfall of Pakistan by limiting water?
The source of the water that flows into Pakistan is in India.
India signed an agreement to allow water to flow into Pakistan in 1952, the Sindh Tas Treaty (also called the Indus Water Treaty).

Now read this....

==========================================
Indian Aqua bomb-the coming water wars in Kashmir
EmailWritten by moinansari on May-29-08 10:05pm
http://www.zimbio.com/Kashmir/articles/42/Indian+Aqua+bomb+coming+water+wars+Kashmir

Lt Gen (r) Hameed Gul has said that India has so far built 62 dams and hydro-electric units on Pakistani rivers to deprive Pakistan of water and render into a desert.

He said Pakistan was being deprived of water under an international conspiracy to conquer it.

At this stage, some insane people were opposing construction of Kalabagh Dam in Pakistan, he added. He said that Shaukat Aziz’s influx in Pakistan was also part of the conspiracy as he formulated such policies, which put the country into crisis. He said that Shaukat Aziz created food shortage. He said the mujahideeen damaged Baglihar Dam and it could not be reconstructed.

Hameed Gul, however, warned that the mujahideen would damage all dams. Sindh Water Council Chairman Hafiz Zahoor-ul-Hassan Dahr said that when the dispute on water would not be resolved, there would be conflict between the two countries. He said, “India is not building dams under the Indus Water Treaty but on the Pakistani rivers.” He said that the food shortage would be forty per cent next year that would increase starvation in the country. He warned, “Pakistan can become Somalia and Ethopia,” he added.

The Indus Waters Treaty, signed on September 19, 1960, sets up a legal regime determining the rights and obligations of both parties concerning the use of the waters of the Indus basin. The World Bank is a signatory to the treaty for certain specified purposes. It is not a guarantor of the treaty. Under the treaty, use of the rivers Sutlej, Beas and Ravi, termed the eastern rivers, has been allocated to India while Pakistan is entitled to unrestricted use of the rivers, Indus, Jhelum and Chenab. India can only interfere with the flow of the western rivers for the following uses: domestic use, non-consumptive use, (navigation, flood control, fishing and wildlife), agricultural use and generation of hydroelectric power and storage works.

Analyst believe that low water flows and energy deficiency have forced India to increasingly manipulate the IWT to its advantage; secondly, Delhi wants to use water as political leverage against Pakistan; thirdly, keeping up ancillary issues as a wall to keep the core issue on the backburner and lastly, to prove to the Kashmiris that Islamabad is denying them jobs and opportunities which originate from the state’s very own resources. Water War By Naveed Ahmad

The pact between India and Pakistan is called “The Indus Water Treaty“. That treaty is in tatters because India has repeatedly broken it, bent it, subverted it, and worked around it to reduce the amount of water to Pakistan and increase the amount of water to India.

Many say that there will be many wars around water. Some may have already started. The Kalabagh Dam in intricately linked to the distribution of water between India and Paksitan.

The next most serious choke was applied through the Indus Water Treaty (1960): Pakistan lost three Eastern Rivers. The World Bank solution violated the International Law which does not allow change of direction and the flow of the rivers anywhere in the world. River Ravi passing through Lahore was given to India. Subsequently Pakistan saw with open eyes India building dams and powerhouses on the three Western Rivers which were designed “for exclusive use of Pakistan.” The Indian Minister for Power and Water, Chakravarty, said openly in a formal meeting of the IWT council held at Delhi: “When we abrogate IWT, Pakistan will be in a state of draught and Pakistanis will cry for drops of water” (June 14, 2002).

The COAS of the Indian Army also said, “The rejection of Kalabagh Dam by elements in Pakistan enhances the insecurity of Pakistan. Salal Dam was completed without our knowledge” (2003).

Pakistani authorities raised a mild objection on Baglihar Dam (2005) when it was nearing completion. The World Bank mediator finally advised lowering of the dam by 2-ft. India had its way towards the final thrust to kill Pakistan.

The ground-breaking ceremony (February 9, 200  of Kishanganga-Jhelum Hydel Project - vision 2030 - located at Muzffarabad, was held at Aiwan-e-Sadr Islamabad: India has challenged it. India is quite used to imposing its will on Pakistan.

We must have known that Kalabagh and Bhasha dams and other projects are the water-management schemes of local resources: they are not the replacement of the three Western Rivers being controlled by India. Why there was no challenge offered to the enemy? Even the governments were inclined to concede the rights to India to build Wullar-Barrage: the source of Mangla Dam which can be turned into 110 sq mile of sandy-patch. The groundwork of Wullar Barrage was destroyed by the mujahideen on April 7, 1990. Between 1947 and now who is or was responsible for the security of Pakistan and its water resources? I wish, I pray, we must know our enemy or enemies and must know how to stand against them. We are already in the minefield. The writer is a Retired Brigadier

According to many experts more than 40% of the Indus water flows into the ocean and is waster. If some of this was placed into a reservoir, this could be held of bad times. Some in Pakistan believe that some water has to flow into the ocean to keep the ocean taking away good land in Sindh. This totally condradicts facts on the ground.


ISLAMABAD HIGH COURT REQUIRES INFORMATION ON DAMS


Indian dams: IHC reprimands CD for not submitting report Staff Report

ISLAMABAD: A single-member bench of the Islamabad High Court (IHC) on Thursday reprimanded the Cabinet Division (CD) for failing to submit a report on the disruption of river flow Pakistan by Indian dams and their impact on local agriculture. The bench had previously given the CD four weeks to submit the report, and extended this deadline by two weeks. IHC Chief Justice Sardar Muhammad Aslam headed the bench, while lawyer Malik Ishtiaq represented the federation. Human Rights Society Chairman Kowkab Iqbal had filed a petition with the IHC voicing concerns about the construction of Baglihar and Kishan Ganga dams and 62 proposed water reservoirs by India. He said that India used around 80 percent of the water in the Jhelum and Chenab Rivers, creating a drought-like situation in Pakistan, and maintained the use of river waters in such a manner is a blatant violation of Indus Basin Treaty. Kowkab said that India was currently spending around $200 billion on the construction of water tunnels to the Indus River, which could turn parts of Pakistan into a barren land. The petitioner said that the matter had been given ‘the cold shoulder’ by past governments and politicians. He emphasised that the government should raise ‘this matter of life and death for Pakistanis’ at the International Court of Justice (ICJ).   
 
INDIA CONTINUES TO BUILD DAMS

India plans three power projects in four years.

The National Hydel Power Corporation (NHPC) and Jammu and Kashmir’s Power Development Corporation (PDC) have drawn up an ambitious plan to build three projects by 2012 in the power-starved state. Earlier, the PDC had wanted to float global tenders for the project, but now it has been decided to partner with the NHPC, a central government enterprise for development of hydro-electricity, PDC sources said. PDC will also sign a joint venture agreement with the NHPC this month-end for two other projects - Kiru of 600 MW and Karwa of 500 MW. The projects will be executed in the next four years, the sources said. Power Minister Babu Singh said these projects would transform the economic landscape of the state. Greater availability of power would lure industrial investment and provide many more employment opportunities in Jammu and Kashmir, he said. Jammu and Kashmir, despite a generating potential of 14,000 MW of electricity, produces only 1,865 MW. Most power projects in the state are far behind schedule. The Salal project had taken more than 28 years, Dul Hasti took 25 years and Baglihar is still nowhere near completion even after 11 years of work.
“It is for this reason that we are pooling our resources in generating power in the state,” said a PDC official, adding the entire cost would be over Rs.120 billion. The NHPC will have 51 percent stake and the PDC the rest.

The Kalabagh Dam in also linked to the Radcliff Boundry Commission which awarded Muslim majority areas of the Punjab to India–and hence allowed Indian troops access to Kashmir.

The Kalabagh dam is essential in eliminating the power gap in Pakistan.

http://www.zimbio.com/Kashmir/articles/42/Indian+Aqua+bomb+coming+water+wars+Kashmir
And  the King shall answer and say unto them, Verily I say unto you, 
Inasmuch as ye have done it unto one of the least of these my brethren,  ye have done it unto me.

Matthew 25:40

Offline Satyagraha

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Re: Pakistan's Infrastructure : Multinational Destruction of Their State
« Reply #43 on: June 24, 2009, 07:10:52 pm »
Water and Food Shortage: Pakistan Must Act Now!
Posted on June 8, 2008
 
http://pakistaniat.com/2008/06/08/water-and-food-shortage-pakistan-must-act-now/

At ATP, we have been writing about many critical issues facing Pakistan and Owais recently wrote on rising food prices. However, I feel that there is a serious lack of awareness about the two silent tsunamis of Water Shortage and Food Shortage which are just around the corner and we need to write a lot more about them.

Specially, the water shortage issue has not been given attention it needs. If appropriate steps are not taken we could see a water shortage situation even worse than the current power crisis as soon as 2012-13. Both issues, closely inter-linked with each other, are perhaps the greatest threats facing human beings today and absolutely critical for the survival of Pakistan.

Unfortunately, the new government so far has not been doing much about it. After abruptly abandoning Kala Bagh Dam project recently and despite tall claims, no concrete plans have yet been made public that how the water shortage issue will be tackled. PPP led coalition seems to be too busy in unnecessarily prolonging judicial crisis, protecting NROs and complaining about the aftermath of Musharraf’s 9 years who btw, still has no plans to show mercy on people of Pakistan despite clear message on 18th February. There have been alarming reports by World Bank, State Bank and the UN Food Programme, warning Pakistan about the upcoming severe water shortage and food crisis. Some experts believe that Pakistan could face Somalia and Ethiopia like famine situation if drastic measures are not taken.

Water Shortage

Only a few decades ago, Pakistan was considered to have an abundance of quality water, but a recent World Bank report stated that Pakistan was among the 17 countries that were currently facing a water shortage. In most big cities of Pakistan today, people can’t get water supply at homes without using electric motors/pumps. In a city like Lahore, on average, we get water supply 3-4 hours per day and that too with the help of electric motor.

During last 10 years or so, while we have been concentrating on Peace Process, taking U-turns on Kashmir with no results, promoting people to people contacts and releasing Kashmir Singhs, everyone else around us, realizing the water crisis have been building dams. India has silently built 62 small and medium size dams on rivers which are supposed to be Pakistan’s as per Indus Water Treaty.

Similarly, China alone is building 95 major dams with a height of 200 feet or more, Turkey is constructing 51 large dams flowed by Iran with 48, Japan with 40 and India with 10 large dams. The Sindh Tas Water Council has recently warned that the country may face acute shortage of food and that the famine situation may crop up owing to the decreasing water resources. According to Sindh Tas Water Council Pakistan Chief Organizer M Yousuf Sarwar, the biggest issue between Pakistan and India after the Kashmir is river water and India is expediting the construction work of dams an barrages on the remaining rivers of Pakistan.

The past government of Pakistan did nothing in this regard to forbid India from doing this. Yousuf Sarwar said at least 405 canals and 124 distributaries of Pakistan would dry up in the wake of Baglihar Dam construction and large swathes ranging millions of hectares of land will turn arid. He cautioned that Terbela and Mangla are at the dead level for the past two decades, adding 38 million acres of land are being spoiled without having enough water. Yousuf Sarwar pleaded the new government to prevent India from constructing new dams and take resort to the world court in this connection.

According to official government reports the per capita availability of water has gradually dwindled from 5,260-cubic metres in 1951 to 1,100-cubic metres in the current years, and is estimated to reach 550-cubic metres in 2025. However, this is also because of the fact that population of Pakistan was 33.80 million in 1951 which has now increased to 170 million. If we go by the current population increase ratio, by 2025, Pakistan will require almost double the currently available water. It must also be noted that currently, only 55% of Pakistan’s total population has access to clean drinking water.

According to the World Bank, Pakistan is currently close to using up all its surface and ground water. At present, Pakistan only stores 30 days of its river water, India stores 120 days, Egypt stores 400 days, while the Colorado River in the US stores 900 days of river water. The new reservoirs will not only push Pakistan’s economy aggressively forward and according to World Bank statistics, every new dam built by the country will add four to five percent to Pakistan’s GDP. New reservoirs are also considered vital to save the industrial sector from the consequences of a water shortage. There are over half a million small and big industrial units in the country and the estimated usage of water by all industries is 3.5 million acre feet at present but this demand is also going to continue increasing in line with ambitious production targets. Yet simultaneous measures to ensure the contamination of existing water supplies by these industries are still not being given the attention they need.

Almost same is the case with energy generation. Pakistan’s electricity demand is increasing by approximately seven percent annually, due to which the need for new water reservoirs is considered urgent. It has been calculated that Pakistan has 50,000 MW of hydro-power potential, but it is merely harnessing 14 percent against its total current requirement of 20,000 MW. Most developed countries produce 70-80% of their power from water projects and our neighbors India and China about 30% which costs around 1 rupee per unit. We on the other hand, are relying more on expansive thermal power generation which is almost 8-9 times costly and also causes major environmental pollution. By building new dams, we can even further bring the per unit price down and also fulfill the needs of agriculture sector. Although, government is claiming that it is also possible to bring down thermal energy cost by making use of one of the largest coal resources in Thar but still experts are convinced that water is the most viable and cheapest way to produce electricity. And besides, given the state of the environment, it is no longer feasible for even developing countries to merely brush aside the sustainability costs of energy production. The coal resources can be utilized in the industrial sectors or even a replacement for oil. The situation is such that one doesn’t have to a rocket scientist to understand that the only way to control energy crisis and provide people with quality drinking water is to increase the water storage capacity.

Food Shortage
Food shortage is another silent tsunami and becoming a global phenomena these days. World Bank reports suggest that we are among the 36 countries where there is serious threat of food crisis. According to the World Food Programme, the number of those suffering from food crisis in Pakistan has increased from 60 million to 77 million. This is almost half of the total population of the country.

I remember as kid we used to get a lot of free stuff like tomatoes, hari mirch and dhaniya whenever we bought vegetables but not anymore. While India and China have been controlling their exports (like putting complete ban on rice export), the policy makers in Pakistan have taken outstanding decisions like last year when they first exported so called excessive wheat and then imported it back on double price. Same is expected with rise and maize.

According to the president of the World Bank Robert Zoelick the increasing prices of food items would further make things worse for the 100 million people across the world. As per his estimates within the next three years another 100 million people across the world will join the ranks of the poor due to possible doubling of food prices. He has stressed effective steps to counter the coming new international crisis. He has also stressed that the rich countries should also provide funds for the production of food crops. Under the present circumstances 40 countries are facing crisis like situation due to increase in the prices of food items. This crisis has also resulted in creating social problems.

Majority of population in a poor country like Pakistan spends 70 per cent of their income on food items. But the present situation, particularly the increasing oil prices, has badly affected their income and expenditure balance. As on one hand there is a rapid increase in the price of food items and on the other their income has stayed limited.

I had the chance to read the State Bank of Pakistan’s quarterly report published in May 2008 and it has alarming details of the danger of having a lower overall produce of important crops in the year 2008 as compared to the last fiscal year has increased. There is a danger that this year wheat production can also remain very low. Due to the reduced produce of important crops the annual growth rate would also remain less than the target. It is projected that Pakistan will have a wheat deficit of 12 million tons per annum by 2012-13 - or in other words 31% of the projected target. Imagine the seriousness of situation in human terms as if these stats are true, we will have a large number of really hungry people in Pakistan.

Experts are suggesting that oil import bill is increasing but none of the governments has ever paid attention to the mass-transit system or seriously improving public transport system which can really help us in current situation. Due to mismanagement and increase in the international prices of oil and food items countries like Pakistan are facing multiple problems. It is absolutely vital that the government took immediate measures to curb the rising inflation and address the problems of the poor people of the country.

Few weeks ago, the minister for Water and Power Raja Pervez Ashraf announced steps to control energy crisis and load-shedding which unfortunately have not been implemented at all, probably because of absence of governance in Pakistan these days. Whether another claim of the same minister about ending energy crisis by August 2009 becomes a reality or not still remains to be seen. I think without wasting anymore time, we must give more attention to water conservation and preventing water loss within the existing irrigation system, besides trying to increase water supplies. Emergency awareness campaigns should be initiated to encourage people to use water carefully and implement save electricity plans before it is too late.

Projects like the Mangla Dam Raising, Mirani Dam, Gomal Zam Dam, Subakzai Dam and Satpara Dam are simply not enough to meet the rising demands. New mega water storage reservoirs needs to be built and steps must be taken to stop India from building dams on rivers that belong to Pakistan as per Indus-Water Treaty of 1960. It is not surprising that UN keep on warning that during next 25 years, major conflicts between countries like India and Pakistan could be on water resources. As very rightly put in an editorial of a local newspaper, “Either we put pettifogging and pernicious rivalries and narrow political advancements on hold and start building dams and their associated hydro-electric works, or Pakistan is within sight of beginning to starve to death”.

References:

1. World Bank reports on Water and Irrigation system of Pakistan
    http://worldbank.org/ieg/

2. State Bank of Pakistan Quarterly Report, May 2008
    http://www.sbp.org.pk/

3. Weekly Pulse, Islamabad
    http://www.weeklypulse.org/pulse/terms.php

4. Pakistan Defence
    http://pakistaniat.com/2008/06/08/water-and-food-shortage-pakistan-must-act-now/www.defence.pk

And  the King shall answer and say unto them, Verily I say unto you, 
Inasmuch as ye have done it unto one of the least of these my brethren,  ye have done it unto me.

Matthew 25:40

Offline Satyagraha

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Re: Pakistan's Infrastructure : Multinational Destruction of Their State
« Reply #44 on: June 27, 2009, 08:06:18 am »
Outcry over water
Dawn Editorial
Saturday, 27 Jun, 2009 | 09:21 AM PST

IT was bound to create controversy and it did. Wednesday’s decision to reduce or shut down flows in the Taunsa-Panjnad canal raised an outcry in the Punjab Assembly, with the provincial irrigation minister threatening to resign if ‘Punjab’s water’ is diverted to Sindh. The prime minister and the chairman of the Indus River System Authority have since clarified that the share of one province would on no account be given to another.

Such statements will not put the matter to rest, however, given the sensitivity of the issue. There is a history of mistrust between Sindh and Punjab when it comes to sharing the bounty of the Indus, which is critical to agriculture in both provinces. Many in Sindh have long accused Punjab of clinging to a parochial mindset that does not take the interests of others into account, while the upper riparians seem to feel that the productivity of their land entitles them to a far greater share. In Punjab, the belief persists that water which ends up in the sea is ‘wasted’. Sindh, for its part, counters that the well-being of the Indus delta and the livelihoods of people living in coastal areas are inextricably linked to steady flows downstream of Kotri.

Water-sharing is far more serious an issue than an inter-provincial dispute: it is a matter of life and death. Wednesday’s decision and the reaction in Punjab are both symptoms of a deeper malaise: our collective failure to arrive at a consensus on how to address current and future shortages. Instead of a long-term strategy, what we get are ad hoc measures. Reducing or stopping supplies to the Panjnad canal may help mitigate the acute water shortage in Sindh but the move offers little more than temporary relief. And the outrage triggered by this development is likely to be repeated whenever a new water-related dispute crops up – which it will because the situation is only getting worse. Pakistan is currently classified as a water-stressed country but could shortly find itself in the water-scarce category, thanks to a burgeoning population and poor management of existing resources.

Like issues such as provincial autonomy and the NFC Award, this is not a problem that will go away. Water scarcity is a political hot potato that no one wants to touch but the procrastination has to end for the sake of the country. All stakeholders must sit down and agree on what needs to be done. If large dams are unacceptable on political or environmental grounds, perhaps the solution lies in smaller reservoirs. Either way, binding decisions have to be taken and funding found before work can begin. Even so it will be years before any major project comes on line. In the meantime, conservation remains our only option.

And  the King shall answer and say unto them, Verily I say unto you, 
Inasmuch as ye have done it unto one of the least of these my brethren,  ye have done it unto me.

Matthew 25:40

Offline Satyagraha

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Re: Pakistan's Infrastructure : Multinational Destruction of Their State
« Reply #45 on: June 27, 2009, 08:43:34 am »
Water shortage to badly impact crops in Sindh
By Mohammad Hussain Khan
Friday, 26 Jun, 2009 | 06:25 AM PST
http://www.dawn.com/wps/wcm/connect/dawn-content-library/dawn/news/pakistan/provinces/13+water+shortage+to+badly+impact+crops+in+sindh-za-09

HYDERABAD: The projected 40 per cent shortfall in water flows for ongoing Kharif season is bound to have serious impact on crops and make growers of Sindh to suffer more in economic terms.

The growers believe that after cut in water flows Sindh will receive hardly 3,500 cusec from Taunsa-Panjnad link canal which has a discharge of around 7,000 cusec and projected 40 per cent shortfall can be calculated at between 45,000 to 46,000 cusec in Sindh in view of dip being experienced in the system.

The Sindh Abadgar Board (SAB) president Abdul Majeed Nizamani said that in actual terms, Sindh would get relief of just 3,500 cusec, which had been cut from Taunsa-Panjnad link canal.

He maintained that 40 per cent shortfall in Sindh spelt very serious consequences in view of losses suffered by growers in the outgoing season especially in paddy and sugarcane.

‘Cotton has now entered harvesting stage. Nurseries have just started to be prepared in upper Sindh after opening of Rice Canal under a court directive. So, it’s a big issue as far as the production of cash crops is concerned,’ he said.

He blamed Wapda and Irsa authorities for failing to judge likely impacts of abnormal shortfall in the system. ‘The Sindh government has acted very belatedly to contain the situation,’ said Mehmood Nawaz Shah, general secretary of SAB.

He said that flood canals like Taunsa-Panjnad and Chashma-Jehlum and Chashma Right Bank Canal could not be operated without permission of Sindh government, which should have raised its voice at least between June 12 and 15.

If Sindh had raised the issue at the right time and got the canals that diverted water from the Indus in Punjab closed the situation would have been quite different and water shortfall would not have been beyond 10 per cent.

‘Now we fear Punjab will not only use additional releases from Mangla dam but it will also not close its link canals as has been seen historically,’ he remarked.

The water that is to be released to the Punjab from Mangla dam will take considerable time and in the meantime the link canals will not be closed, which means a deficit of around 45,000 cusec for Sindh.

The agriculturalists consider behaviour of the River Indus as abnormal and stress the Indus River System Authority (Irsa) and Wapda should have taken notice when Sukkur Barrage downstream inflow was recorded at around 22,000 cusec at the end of March or early April.

Wapda should have anticipated that there could be a dip in the entire system and should have worked out its plans during that period, he said.

According to SAB general secretary, the indent of Sindh for the first 10 days will be 170,000 cusec but it has started experiencing the dip, reducing its flow to 100,000 cusec at the Guddu Barrage upstream.

‘The fact that we had abnormal availability of water in the river is not a new phenomenon historically and the Sindh government should have put its house in order at that time to effectively respond to the situation.

‘Only then it would have been able at least to get half of flood canals closed,’ he pointed out.

He said that it reflected that in fact it was this province, which was bearing overall shortfall in the system notwithstanding the fact that sowing season in Sindh was at its peak whereas there was still some time before started in the Punjab.

‘In fact overall 40 per cent water shortage means there will be a 60 to 70 per cent shortfall as far as crop cultivation is concerned because even during normal supply of water around eight to 10 per cent of shortfall is always reported, so, we will have to face the brunt of 60 to 70 per cent of shortage,’ he said.

Paddy-sowing has been completed in lower Sindh and in upper part of the province where the crop is dependent on Rice Canal that has been allowed to open under court orders, work on preparation of nurseries have already started.

Paddy growers are already groaning thanks to the crisis that had hit the crop during last season due to abnormal rains and Pakistan Agriculture Storage and Supplies Corporation (Passco). The corporation multiplied their miseries when it delayed procurement of the crop.

The then Sindh government announced the Passco would purchase the rain-damaged crop but the growers did not receive any encouraging response.

The SAB estimated 39 per cent shortage in sugarcane production in the outgoing season when the sugar mills did not pay them the actual amount and forced them to switch to other crops for better returns.

The growers did get some relief in shape of an attractive support price of wheat. The Sindh government is reported to have set a target of 650,000 hectares – around 1.7 to 1.8 million acres – for current year and nurseries of paddy are ready to be sown in Sindh.

Besides, there is an area of 52,000 acres meant for chillies cultivation while cultivation of sugarcane – a high delta crop - is altogether a separate issue.
And  the King shall answer and say unto them, Verily I say unto you, 
Inasmuch as ye have done it unto one of the least of these my brethren,  ye have done it unto me.

Matthew 25:40

Offline Satyagraha

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Re: Pakistan's Infrastructure : Multinational Destruction of Their State
« Reply #46 on: July 01, 2009, 07:56:11 am »
World Bank to lend $50 million to Pakistan for irrigation
Wednesday, 01 Jul, 2009 | 02:01 PM PST
http://www.dawn.com/wps/wcm/connect/dawn-content-library/dawn/news/pakistan/04-world-bank-to-lend-50-million-pakistan-for-irrigation-qs-10

KARACHI: The World Bank will lend $50 million to Pakistan to improve water resource management and boost agricultural productivity in the southeastern province of Sindh, the bank said in a statement received on Wednesday.

‘Irrigation and drainage are critically important to Sindh's irrigated agriculture, which is the backbone of the economy,’ said Yusupha Crookes, the bank's director for Pakistan.

About half of Sindh's 35 million people live in rural areas, and they rely on agriculture for nearly 60 per cent of their income, according to the World Bank.

The project is meant to improve the efficiency, reliability and equity of distribution of irrigation water, the bank said, adding that around 3,000 watercourses will be upgraded.

It did not say when the 35-year loan would be disbursed.

Last week, the Asian Development Bank said it would lend $500 million to Pakistan to promote its economic stability and help fund a safety-net programme for the poor.

Mired in recession, Pakistan is being kept afloat by a $7.6 billion loan from the International Monetary Fund (IMF). — Reuters

And  the King shall answer and say unto them, Verily I say unto you, 
Inasmuch as ye have done it unto one of the least of these my brethren,  ye have done it unto me.

Matthew 25:40

Offline Satyagraha

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Re: Pakistan's Infrastructure : Multinational Destruction of Their State
« Reply #47 on: July 05, 2009, 08:41:30 am »
Taliban cash in on Pakistan’s untapped gem wealth

Sunday, 05 Jul, 2009 | 11:03 AM PST

http://www.dawn.com/wps/wcm/connect/dawn-content-library/dawn/news/pakistan/provinces/04-taliban-cash-in-on-pakistans-untapped-gem-wealth-qs-03

PESHAWAR: In the narrow lanes of a market in Pakistan's northwest capital Peshawar, dealers squat on carpets and spread out a rainbow of precious gems on the floor for potential buyers.

Chunks of bright blue lapis lazuli, and rough rocks studded with flashes of light and colour clutter window displays, but no one is buying in a city hit by a wave of deadly bombings blamed on Taliban militia.

A treasure trove of precious stones is locked in the rocks of Pakistan's rugged northwest. Violence, legal tussles and state mismanagement have deterred investors but allowed the Taliban to cash in on the bounty, dealers say.

‘God has given us enormous wealth in terms of emeralds from Swat, rubies, pink topaz, beautiful tourmaline,’ said Ilyas Ali Shah, a gemologist with the government-run Pakistan Gems and Jewellery Development Company.

Shah said that if Pakistan properly mines these deposits the impoverished country could reverse its hefty foreign debt: ‘But we need peace.’

In February this year, militants waging a bloody insurgency to expand control opened three shuttered emerald mines in the northwest Swat valley around the main town Mingora and invited villagers to blast away.

The military says it has reclaimed all Swat mines from the Taliban during a fierce offensive, but for at least three months proceeds from emerald sales lined the militants' coffers and helped bankroll their insurgency.

‘They would collect the emeralds and there would be an open tender every Sunday,’ said Azhar ul Islam, a 44-year-old gem trader from Swat. ‘The profits were divided up — two-thirds for the miner and one-third for the Taliban.’

Pakistan and neighbouring Afghanistan are believed to hold up to 30-40 per cent of the world's emerald deposits, Shah says, with the precious stone fetching up to 2,000 dollars per carat depending on quality.

Azhar told AFP the Taliban earned about four million rupees a week from Mingora's main mine — shuttered since 1995 because of a legal battle — money he said was spent on ‘buying explosives, making weapons.’

‘I was frightened what would happen if the government re-established control, so I didn't buy those emeralds from the mines, but most of my friends bought these emeralds from the Taliban,’ he said.

At the Namak Mandi market in Peshawar, another dealer from Swat who did not want to be named estimated that the militants made between five and six million rupees a week from the stones.

No one in the market would admit buying Swat emeralds from the Taliban, but one dealer said he procures green garnet from a Taliban-owned mine over the border in Afghanistan, where the militants are also waging an insurgency.

‘We don't like the Taliban, we don't buy it because we want to help them, but we want the stones,’ 30-year-old Ali Akbar told AFP.

He says his business has been crushed by spiralling insecurity in Pakistan since the September 11, 2001 attacks on the United States thrust the country into the heart of the ‘war on terror’.

‘For five months I had no customers,’ he said.

Shah says Pakistan's gem-industry profits have plunged up to 50 per cent in one year because of the instability, with foreign investors staying away.

Most of the country's gems, including emeralds, garnet, pink topaz, spinel and tourmaline are located underground in North West Frontier Province (NWFP), the heartland of the Taliban insurgency.

Experts say the Federally Administered Tribal Areas (Fata) — a mountainous area largely outside government control along the Afghan border and stronghold of Pakistani Taliban chief Baitullah Mehsud — hides deposits of rare quartz and precious stones.

‘I think we have explored three per cent of the whole of NWFP. We have large areas of Fata that are not under control, so we have a lot of precious material untapped which needs to be explored and exploited,’ Shah said.

Pervez Elahi Malik, former chairman of the main gem exporters' association, blames the local NWFP government for not sorting out legal tussles and getting potentially lucrative mines up and running under state control years ago.

At the moment, local villagers and tribesmen blast away at the rocks and transport their haul to Namak Mandi — a damaging mining process that experts say can destroy 80 per cent of the stones.

‘We are lacking in technical knowledge, we are lacking stability in the country,’ said Shah. ‘Our mining is not technically sound and safe — we are destroying our wealth.’ — AFP
And  the King shall answer and say unto them, Verily I say unto you, 
Inasmuch as ye have done it unto one of the least of these my brethren,  ye have done it unto me.

Matthew 25:40

Offline Satyagraha

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Re: Pakistan's Infrastructure : Multinational Destruction of Their State
« Reply #48 on: July 05, 2009, 09:18:28 am »
I own Karachi … and can sell it!
By Ardeshir Cowasjee
Sunday, 31 May, 2009 | 06:54 AM PST
http://www.dawn.com/wps/wcm/connect/dawn-content-library/dawn/the-newspaper/columnists/16-ardeshir-cowasjee-i-own-karachi-and-can-sell-it-3-159-hs-06

ANGUISH, suffering there is a-plenty, but the press on May 29 told us that our president, who had disturbed Karachi, had given the go-ahead to his ‘Green Karachi’ exercise comprising 12 projects involving the building of parks, the ‘beautification’ of certain areas and tree-planting.

Fine, this is laudable; it is what many have been crying out for over the past years — more parks and the preservation of what open spaces remain to us. The presidential project will cost over Rs22bn. Now, let us take priorities. A friend rang me on the morning the news broke and posed a simple question. If your garden needs attention whilst in your house you have a sick child, what is your first priority?

The government is running around with its begging bowl seeking funds for the displaced persons who now reportedly number over three million. President Asif Zardari, when in Karachi, asked the business community to come forth and contribute funds to set up relief camps without informing them or us as to how much he himself and his friends in government, none of them in any manner deprived, have contributed. May we know?

Should the ‘Green Karachi’ project not be slowed down, with money diverted to relief camps for those displaced persons who are seeking refuge? Yes, we must have the parks, but for the moment, until some sort of normalcy is returned to the country, they can be fenced in and measures taken to ensure that there are no encroachments. The large shady tree-planting, not an excessively expensive exercise, should go ahead forthwith. But it is the homeless and dispossessed who have sought hospitality who must take priority when it comes to spending the people’s money.

My last column under the above title was well received by those who care for this city. Over 30 emails came in from citizens supplying additional details of the unlawful capture of amenity spaces in various sectors. One government officer, while apprising me of land that was being gobbled up in Karachi, accused me of being partial and not exposing the wrongdoings of the politicos and their parties. In his words, 'The ministers and leaders of ethnic groups are organising the land grab and encroachments, under the patronage of the law enforcement agencies — after the home minister has been' won over.

On May 25 the UAE blog The National carried this bit of news: 'Criminal gangs with links to key political parties are terrorising the residents of Karachi, Pakistan’s largest city, according to officials and victims. The most powerful is the so-called ‘land mafia’, who take over commercial plots, government land and even people’s homes, the officials said. The land mafiosi, who work out of legal fronts such as building, contracting and real estate businesses, derive their strength from political parties with constituencies in Karachi and other parts of southern Sindh province such as the MQM, the PPP, the ANP and the PML-Q and PML-Functional.'

The role of the Karachi police in the grabbing of land is pivotal: they owe allegiance to none except Mammon. No government land can be encroached upon unless the force is paid off, but law and order support is not forthcoming to the municipal agencies which occasionally try to remove encroachers. The pace of land grabbing is accelerating in areas on the periphery of the city, with all political parties, government agencies and law-enforcement bodies making sure they get their share. In the city centre, politicians are sponsoring the takeover of pedestrian pavements, roads and open spaces for thelas, khokas and commercial activity.

For many months city nazim Mustafa Kamal has repeatedly written to Capital City Police officer Waseem Ahmed, copying the governor, chief minister and home department, lamenting the collusive role of the police in facilitating recent encroachments on government land — to no avail. The CDGK has listed 7,956 allotted/un-allotted plots (residential, amenity, commercial, industrial and flat-site) that have been swallowed up in former KDA schemes and townships (see www.shehri.org).

Land encroachment has also taken an ethnic bent. For 60 years, Sindhis have found themselves progressively becoming a minority in their own capital city. Now the descendants of the original Mohajirs are worried about the influx of Pashtuns into Karachi and their growing political power (in last year’s elections the ANP won two seats in the MQM’s stronghold). The MQM has under way a variation of Lebensraum (the 20th century Nazi scheme to resolve potential demographic problems and defend the German race against stagnation and degeneration) which it is hoped will create vote-banks.

A visit to Sikanderabad, a massive katchi abadi behind the Ziauddin Hospital in Clifton, exposes ongoing land reclamation in the eastern backwaters of Chinna Creek, in the jurisdiction of the Karachi Port Trust. Structures are presently under construction on 60 square yard plots that have been sold for Rs150,000 each by the local land mafia, who dumped trucks of earth-fill and garbage into the sea to produce ‘land’.

Furthermore, poles are installed in the water over large areas, demarcating and laying claim to ‘plots’ that will be created in the near future. At this rate, Sikanderabad will soon meet Lalazar on M.T. Khan Road (Beach Luxury Hotel, Boat Club, Naval Colony, etc), virtually eliminating the tidal action of Chinna Creek that scours the shipping channel of Karachi harbour.

Citizens in affected areas are now approaching the courts, which are responding in an effort to protect the environment: but it may be a case of too little, too late. This week the CDGK was restrained by the SHC from auctioning 13 amenity plots in North Karachi (community gardens, car shelters); an anti-corruption judge has indicted Allaudin Sabir, a former KMC municipal commissioner for illegally converting amenity Gutter Baghicha land into residential housing; and Justices Mushir Alam and Safdar Ali Bhutto of the Sindh High Court banned the cutting of trees throughout Karachi.

Conversion of the Mahmoodabad sewage treatment plant and auction of a space on the Clifton promenade have also been stayed, as were certain encroachments on parks in the North Nazimabad/Federal B areas.

Afterthought: some of our politicians are even evincing some interest in upholding the law. The PML-N has punished two high-level legislators, one for cheating in a university exam by having someone else appear for him, the other for manhandling and intimidating customs officers at Lahore airport. Well done the Brothers Sharif!

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http://www.dawn.com/wps/wcm/connect/dawn-content-library/dawn/the-newspaper/columnists/16-ardeshir-cowasjee-i-own-karachi-and-can-sell-it-3-159-hs-06

 
And  the King shall answer and say unto them, Verily I say unto you, 
Inasmuch as ye have done it unto one of the least of these my brethren,  ye have done it unto me.

Matthew 25:40

Offline Satyagraha

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In what may prove to be a short-lived victory for the people, the Pakistani Supreme Court Chief Justice ordered the suspension of new carbon taxes on petroleum products, bringing some financial relief to people who are already suffering under the weight of food shortages, water shortages, repeated drone attacks by the US, NWO-sponsored internal "Taliban" terrorist attacks, and steep economic decline. In a retaliative move, the IMF has refused to release monies promised last November, and is tightening the noose they've laid around the necks of the Pakistani people.

We are witnessing a "Shock Doctrine/Economic Hit Man" approach to the takedown of a sovereign nation by the US Military, their Zionist allies, the IMF, World Bank and the UN.   --P
--------------------------------------------------------------------------------------------------

SC order may affect IMF tranche By Shahid Iqbal
 Wednesday, 08 Jul, 2009 | 04:55 AM PST
http://www.dawn.com/wps/wcm/connect/dawn-content-library/dawn/news/business/06-sc-order-may-affect-imf-tranche-rs-10

KARACHI: The Supreme Court’s order to suspend the imposition of carbon tax on petroleum products may delay the third tranche of International Monetary Fund’s loan and seriously affect the government’s efforts to generate additional revenue, analysts said here on Tuesday.

An economic team from Pakistan is in Turkey to discuss with the IMF the decisions taken by the government in the budget for 2009-10 and persuade the donor to release the already delayed $875 million tranche of a $7.6 billion loan agreed in November 2008.

The decision to levy the surcharge was widely criticised by the general public, transporters, industrialists and traders.

It was feared that the tax would spark a fresh wave of inflation and particularly hit food prices which had witnessed an average 22 per cent inflation during 2008-9.

While traders and industrialist welcomed the Supreme Court order, analysts and researchers showed little enthusiasm.

They said the government had many options to raise revenue by taxing other sectors of the economy, but it would be difficult to persuade the IMF to release the tranche. 

It is believed that the government was pressurised by the IMF to impose carbon tax to reduce fiscal deficit with higher revenue generation.

'The Supreme Court’s order to suspend carbon tax will affect the government’s revenues that are already depressed because of an economic slowdown,' said analyst Mohammad Sohail of Top line Securities.
 
'The government needs to meet the IMF deficit target and it may reduce development expenditures to bridge the gap,' he said.

Other analysts said the government had several options to meet the revenue shortfall, and increasing General Sales Tax could be one of them.

'Sales tax on petroleum products can be increased to 20 per cent form 16 per cent, which will generate enough revenue,' said analyst Abid Saleem.

He said the government might also increase corporate tax. However, such decisions have a political cost and may affect the government’s popularity. 

'The government has allocated about Rs650 billion for development plans. Reducing development expenses will hamper overall economic growth, creating more unemployment and poverty,' he said.

Last year, the government slashed development expenditures to reduce fiscal deficit. The decision hit the overall economic growth which was recorded at just two per cent.

If the Supreme Court abolishes the tax in its judgment, the government will have limited options to tax other sectors of the economy.

'Most economic sectors witnessed a slowdown during the past year and expectations for the current year are also not encouraging. It appears that the government will be left with no option but to risk its popularity by taxing other sectors,' an analyst said.
And  the King shall answer and say unto them, Verily I say unto you, 
Inasmuch as ye have done it unto one of the least of these my brethren,  ye have done it unto me.

Matthew 25:40

Offline Satyagraha

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Re: Pakistan's Infrastructure : Multinational Destruction of Their State
« Reply #50 on: July 09, 2009, 06:06:51 am »
Oil marketing companies make record profits
By Nasir Iqbal
Wednesday, 08 Jul, 2009 | 10:05 PM PST
http://www.dawn.com/wps/wcm/connect/dawn-content-library/dawn/news/business/11-oil-marketing-companies-make-record-profits--il--04

ISLAMABAD: The government’s revenue from the oil sector crossed one trillion rupees between 2001 and 2008, with the net profit of just one oil refinery rising by 3,516 per cent during the period 2007-08 compared to 2001-02, according to the Rana Bhagwandas Judicial Commission Report on oil pricing system.

After the Pakistan Refinery Ltd, which recorded the largest profit, came Attock Petroleum Ltd with its profit rising by 1,398 per cent during 2007-08, Shell Pakistan Ltd by 483 per cent, Pakistan State Oil Ltd by 440 per cent and Chevron Pakistan Ltd (formerly Caltex) by 170 per cent, reveals the 74-page report submitted before the Supreme Court, which will take up the matter on Thursday.

Among the refineries, Attock Refinery Ltd increased its profit by 830 per cent, National Oil Refinery Ltd by 768 per cent and Pak Arab Refinery Ltd by 567 per cent.

The oil marketing companies and refineries at times made windfall profits from their businesses, the report observed highlighting that many a times companies have made excessive profits on their inventories by reason of increase in prices in international and local market.

‘Whenever the prices of oil products go higher, their margins get inflated,’ the report said adding sometimes the profits were fair, genuine and reasonable despite luxurious style of life of the executives and the officers working in these companies.

It is high time that these companies rationalize and review their tremendous administrative expenses and create a role model for middle class of the society, the commission observed adding in fact they could develop an atmosphere of simple living and high thinking in the supreme national interest and for the welfare of the society. These measures on part of the government as well as companies would lead to a just and ideal Islamic society in the real sense of the term, the commission recommended.

It said the government made a blunder by allowing refineries to use the ‘Special Reserve’ for meeting future operating losses. ‘The funds were literally doled out to be plundered,’ it deplored adding intention in retaining resources created through special reserve in the business was to support the up-gradation programme. Setting-off operating losses from the special reserve means that the future profits could be freely distributed without first absorbing the losses incurred in previous years. In fact this special reserve should have been treated as a capital reserve and only to the extent of capital expenditure to be incurred on specific projects.

It stressed an urgent need to develop a formula for determining fair ex-refinery price because it is a complex issue and would need detailed deliberations amongst stakeholders.

The commission also mentioned the findings of former State Bank Governor Dr Isharat Hussain about the NAB enquiry on petroleum scam, in which NAB report was declared to be based on assumption and amounted to direct criticism on government policies.

It recommended the setting up of a committee of oil and emergency experts to develop a road map with a definite time frame towards free market, complete deregulation of all products and an open competition amongst refineries and distributors.

‘The policy of pampering and providing crutches to industry should be phased out as soon as possible and a time frame be given to refineries and OMC’s (oil marketing companies) to equip themselves to be a player in the open market,’ the commission recommended.

A committee of experts should be tasked to conceive and develop a Hydro Carbon vision in three to five years to streamline oil refinery and marketing sector leading to deregulation and asked to revisit the concessions allowed under the Petroleum Policy 1994 by bringing PARCO in line with other refineries.

On Inland Freight Equalization Margin (IFEM), the commission recommended a controlled deregulation and in the later phase the primary transportation charges be merged into OMC’s margins.

The commission felt the rate of recently introduced and now suspended carbon surcharge too excessive and exorbitant and suggested to make it fair and bearable.

The recommendations asked for fixing rate in absolute rupee terms per liter as against per centage in determining GST, OMC’s margin and dealer’s margin on per liter of petroleum products.

It also asked for capacity building of OGRA and the petroleum ministry establishing permanent institution to carry out research and develop a vision for an Integrated Energy Plan.

On CNG (compressed natural gas) the commission asked the concerned authorities to conduct random spot inspection of CNG stations twice in a year without charging additional inspection free from the dealers selling CNG at Rs48 when the actual cost is Rs17.

Referring to kerosene oil, the report said, any increase adds to the miseries of the people leaving them no option other than putting their stoves off. ‘The less-privileged and poor segment of the society is worst hit by recent increase in kerosene oil price,’ it said and recommended that OMC’s should market kerosene oil under a system and develop dispensing units with adequate monitoring arrangements that will also save the end user from being fleeced by the middlemen.

On LPG (liquefied petroleum gas) the commission suggested to withdraw 16 per cent GST levied on the import of LPG to create equilibrium between the supply and demand factor especially in winter season when the demand increases and the prices in the international market go higher.
And  the King shall answer and say unto them, Verily I say unto you, 
Inasmuch as ye have done it unto one of the least of these my brethren,  ye have done it unto me.

Matthew 25:40

Offline Satyagraha

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Re: Pakistan's Infrastructure : Multinational Destruction of Their State
« Reply #51 on: July 09, 2009, 06:11:39 am »
Petrol, diesel prices hiked through presidential ordinance
Thursday, 09 Jul, 2009 | 11:35 AM PST | 

ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) has again increased the prices of petroleum products. The move follows the imposition of a petroleum levy by the government through a presidential ordinance.

Petroleum products' prices were earlier reduced following the suspension of carbon surcharge by the Supreme Court on Tuesday.

The Petroleum Development Levy Ordinance 2009 was signed by President Asif Zardari early Thursday. The ordinance was signed on a written advice from the Prime Minister.

According to the new Ogra notification, petrol price has been increased by 10 rupees per litre, diesel by eight rupees per litre, light speed diesel by three rupees per litre and HOBC by 14 rupees per litre.

The new price of high speed diesel will be notified by the oil marketing companies.

Officials continued working till Thursday morning in the ministries of law, petroleum and the Federal Bureau of Revenue (FBR) to finalise the ordinance.

The ordinance would remain effective for 120 days in accordance with the Constitution. — DawnNews

http://www.dawn.com/wps/wcm/connect/dawn-content-library/dawn/news/business/04-petrol-diesel-prices-hiked-through-presidential-ordinance-qs-03

 
And  the King shall answer and say unto them, Verily I say unto you, 
Inasmuch as ye have done it unto one of the least of these my brethren,  ye have done it unto me.

Matthew 25:40

Offline Satyagraha

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Re: Pakistan's Infrastructure : Multinational Destruction of Their State
« Reply #52 on: July 09, 2009, 06:15:32 am »
POL raise unleashes cold war b/w executive, judiciary
 Updated at: 1642 PST,  Thursday, July 09, 2009
http://www.geo.tv/7-9-2009/45654.htm

 LAHORE: The people of Pakistan expressed great disappointment on government’s decision regarding increasing the petroleum products.

The Lahoriites were very upset on the overnight increase in petroleum prices by Oil and Gas Regulatory Authority (OGRA), terming it new cold war between the executive and the judiciary.

The people of Lahore held quite regrettable the decision of imposing of Petroleum Development Levy by President Asif Ali Zardari, saying, ‘The government on one hand speaks about providing relief to the people and contrarily, challenges the verdict of the Supreme Court.’

The disenchanted people urged the government to withdraw this ordinance and keep intact the relief people got from SC verdict.
And  the King shall answer and say unto them, Verily I say unto you, 
Inasmuch as ye have done it unto one of the least of these my brethren,  ye have done it unto me.

Matthew 25:40

Offline Satyagraha

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Re: Pakistan's Infrastructure : Multinational Destruction of Their State
« Reply #53 on: July 14, 2009, 06:28:19 am »
ADB, UK give $45m funding to Punjab
Tuesday, 14 Jul, 2009 | 02:42 PM PST
http://www.dawn.com/wps/wcm/connect/dawn-content-library/dawn/news/pakistan/provinces/04-adb-uk-give-45m-funding-punjab-qs-06

ISLAMABAD: The Asian Development Bank (ADB) and Britain are providing $45 million in fresh funding to support improvements in social services in the Pubjab province, the bank said on Tuesday.

The funding, the third tranche of a programme launched in 2005, will support improvements in the province's delivery of health care and education, as well as water and sanitation, the ADB said.

 Punjab is Pakistan's most populous province and contributes over half its economic output.

The ADB is providing $40 million in loans, while Britain's Department for International Development (DFID) is extending a $5 million grant, the ADB said.

The latest tranche was being released after the provincial government met targets for minimum standards for social services, strengthening accountability and other criteria set out in the programme, it added.

The funding comes in addition to a $500 million loan the ADB announced last month to help Pakistan promote economic stability and help fund a safety-net programme for the poor.

Mired in recession, Pakistan is being kept afloat by a $7.6 billion loan from the International Monetary Fund (IMF).

Pakistani officials are meeting the ADB and World Bank this week to discuss the government's progress on specific aspects of that programme, including improving the power sector, according to government officials.
And  the King shall answer and say unto them, Verily I say unto you, 
Inasmuch as ye have done it unto one of the least of these my brethren,  ye have done it unto me.

Matthew 25:40

Offline Satyagraha

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Re: Pakistan's Infrastructure : Multinational Destruction of Their State
« Reply #54 on: July 31, 2009, 10:23:25 am »
IMF likely to ok Pak request for $4.1b loan: Tarin  
Updated at: 1809 PST,  Friday, July 31, 2009
http://www.geo.tv/7-31-2009/46842.htm

ISLAMABAD: The International Monetary Fund is likely to approve an additional $4.1 billion loan to Pakistan, Shaukat Tarin, economic adviser to the country's prime minister, said Friday.

The IMF will also approve a $850 million third tranche of a 23-month standby arrangement of $7.6 billion on Aug. 7. The facility was sanctioned in November 2008 to salvage Pakistan from a balance of payment crisis, Tarin said.

IMF officials weren't immediately available for comment.

Pakistan in April received $848 million from the IMF as the second installment, and has so far received $3.9 billion under the standby facility.

"The government has received a positive response from the International Monetary Fund and we hope that the fund will approve a loan amounting to $3.1 billion in August, and around $1 billion in December after the revision of the country's quota," Tarin told reporters.

Pakistan, in June, had asked the International Monetary Fund for an additional $4.1 billion stand-by loan to finance the 2009-10 budget deficit.

The government expects the fiscal deficit to rise to 4.9% of gross domestic product - or PKR722.5 billion - in the fiscal year from July; above the 4.6% target set by the IMF.

With the additional loan, the program size will grow to $11.7 billion, said Tarin, who is tipped to be the finance minister after his election to the Senate.

The government is expected also to get around $4 billion from the Friends of Pakistan group by October, Tarin added.

"The U.S. and Japan have committed $1 billion each, while Saudi Arabia has pledged to provide $700 million and the United Arab Emirates has agreed to give $300 million. The remaining amount is also workable and isn't very difficult to get," he said.
And  the King shall answer and say unto them, Verily I say unto you, 
Inasmuch as ye have done it unto one of the least of these my brethren,  ye have done it unto me.

Matthew 25:40

Offline Satyagraha

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Re: Pakistan's Infrastructure : Multinational Destruction of Their State
« Reply #55 on: August 07, 2009, 10:15:43 pm »
IMF boosts loan to Pakistan by $3.2 billion
Saturday, 08 Aug, 2009 | 05:44 AM PST


The IMF also approved the payment of a third instalment of the loan of $1.2bn. This instalment adds to the $4bn that the fund has already disbursed to Pakistan. Pictured above is Murilo Portugal, IMF’s deputy managing director. - Reuters/File photo

WASHINGTON: The International Monetary Fund on Friday said it had approved an additional 3.2 billion dollar loan to Pakistan to help the country weather the global economic crisis.

The IMF said the extra funds for the loan program to Pakistan would ‘help the country address increased balance of payment needs’ and increase the total loan to 11.3 billion dollars.

The IMF executive board also approved an extension of the loan to the end of 2010, an additional three months, and the payment of a third instalment of the loan of 1.2 billion dollars, the multilateral institution said in a statement.

Four billion dollars had already been disbursed, as part of a program to help Pakistan weather the global crisis.

The board decisions were made after IMF completed its second review of its loan, a so-called Stand-By Arrangement, originally approved last November.

The country approached the IMF last year for a rescue package as it grappled with a 30-year high inflation rate and fast-depleting reserves that were barely enough to cover nine weeks of import bills.

‘The macroeconomic outlook for 2009/10 remains difficult, and the external position is subject to considerable downside risks,’ said Murilo Portugal, IMF deputy managing director, in the statement.

The extra IMF aid ‘will help mitigate these risks and enable the implementation of the government’s fiscal program; however, this financing is temporary and should be used as a bridge until the revenue reforms bear fruit.’ The board also agreed that part of the additional funding ‘could be used to finance priority spending until the disbursements of donor support pledged for 2009-2010 are received.’ The IMF approved Pakistan’s request for waivers for failing to meet certain criteria, including a budget deficit that is 0.9 percent of economic output and continued weakness in banking supervision and tax policy.

‘Pakistan’s economy has continued to stabilize,’ Portugal said.

He welcomed Pakistan’s progress in reforms in the financial sector and the foreign exchange market and in strengthening the social safety net.

‘These achievements are appreciable, considering the security developments that resulted among others in the large number of internally displaced persons, the global economic recession, and the difficult domestic political environment.’—AFP
And  the King shall answer and say unto them, Verily I say unto you, 
Inasmuch as ye have done it unto one of the least of these my brethren,  ye have done it unto me.

Matthew 25:40

Offline Satyagraha

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Pakistan’s economic growth weak: IMF By Our Correspondent
« Reply #56 on: August 09, 2009, 11:09:43 pm »
Pakistan’s economic growth weak: IMF

(I think the IMF would consider this a success...)

By Our Correspondent
http://www.dawn.com/wps/wcm/connect/dawn-content-library/dawn/news/business/13+pakistans+economic+growth+weak+imf-za-18

WASHINGTON: Pakistan’s economic growth has been anaemic, partly because of the current volatile political and security situation in the country, says an International Monetary Fund report released at the weekend.

The report, released after an IMF board meeting which approved a back-up loan of $3.2 billion to Pakistan, also notes that the country’s ‘near-term outlook for economic activity, especially manufacturing, remains weak’.

But a rebound in agriculture on the back of a bumper wheat crop helped maintain growth in positive territory, the report adds.

It notes that due to increasing weakness in large-scale manufacturing, exports and private sector credit, the estimate of Pakistan’s real GDP growth for 2008-09 has been lowered from 2.5 to 2.0 per cent and is projected by the IMF at 3 per cent for 2009-10.

Moreover, Pakistan’s Federal Bureau of Statistics recently revised down real GDP growth for 2007-08 from 5.8 to 4.1 per cent, indicating that the economic slowdown began before 2008-09.

The IMF acknowledges that inflation has continued to decline, but warns that it remains high with core inflation at just below 16 per cent in June.

Signs of stability
The IMF also underlines some positive trends, noting that with imports contracting sharply and workers’ remittances continuing to grow, Pakistan’s external current account position has somewhat improved.

Despite lower exports, the current account deficit is estimated to have declined by more than $5 billion (3.2 percentage points of GDP) in 2008-09 due to a significant decline in imports, higher workers’ remittances, and increased support from the United States.

As in many emerging markets, the financial account remains weak. With the global economic slowdown and political and security uncertainties, net financial flows declined by $3.2 billion compared to 2007-08.

Inflows of foreign direct investment, at $3.4 billion, were $2 billion lower and the net portfolio outflow was recorded at about $1.2 billion compared with a small inflow in 2007-08. Official lending was somewhat lower than expected, reaching $4.3 billion ($1.2 billion higher than in 2007-08).

The IMF points out that Pakistan has managed to stabilise the economy despite the current political and security problems and some policy slippages.

The exchange rate has been broadly stable in recent months and the international reserves position has strengthened to $8.3 billion in July compared to $3.5 billion at end-October 2008, the report adds.

Reform agenda
The IMF notes that the Pakistani government has also set in motion important reforms to improve tax administration, restore financial viability to the electricity sector, and strengthen the social safety net.

The government also maintains fiscal discipline by eliminating non-priority investment spending.

The IMF warns that fiscal issues remain a key concern for Pakistan. The authorities have renewed their commitment to press ahead with reforms, especially the introduction of a broad-based value-added tax, to correct the structural shortcomings in Pakistan’s tax system, which relies on a very narrow tax base.

The IMF describes the introduction of the broad-based VAT in mid-2010 as a key pillar of the government’s new fiscal strategy. The Pakistani government is also pursuing a strategy to improve tax administration, the report adds.

‘A credible tax reform is needed to ensure fiscal sustainability and to create fiscal space for expanding the social safety net, and increasing investment in human and physical capital,’ the IMF said.

Electricity
The report notes that the Pakistani authorities also aim to address the problems in the electricity sector. A plan has been prepared to eliminate the stock of ‘circular’ debt in the energy sector. The government has agreed with World Bank and Asian Development Bank staff on a schedule to increase electricity tariffs in the course of 2009-10 and eliminate tariff differential subsidies in 2010-11.

Support for the poor
The report points out that the key goal of the IMF’s support programme for Pakistan is achieving economic recovery in a way that ensures social stability and adequate support for the poor.

Cash transfers to the poor are projected to increase next year, and the government is working with the World Bank to develop specific measures to protect the poor from the effects of economic woes, fallout from the security operations, and the global economic crisis.

The report notes that the 2009-10 budget has been constructed with a view to providing adequate space for priority spending.
And  the King shall answer and say unto them, Verily I say unto you, 
Inasmuch as ye have done it unto one of the least of these my brethren,  ye have done it unto me.

Matthew 25:40

Offline Satyagraha

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Monday 8/10/09:
Pakistan GEOTV News reporting that Pakistan's MCB Bank has signed a deal to buy the Royal Bank of Scotland Pakistan Operations.

This has been in the works for a while...

MCB Bank may acquire RBS Pakistan operations of Royal Bank of Scotland
from Datamonitor Mergers and Acquisitions
2 page report published Apr 13, 2009
http://www.alacrastore.com/storecontent/Datamonitor_Mergers_and_Acquisitions-MCB_Bank_may_acquire_RBS_Pakistan_operations_of_Royal_Bank_of_Scotland-2052-3088
Source: Financial Deals, Datamonitor
Document ID: MA03213_090414
Country: United Kingdom
Country: Pakistan
Ticker: MCB=PK
Ticker: RBS=GB
Ticker: RBS=PK

MCB Bank eyes RBS's Pakistan ops
Mon Apr 13, 2009 8:47am BST
http://uk.reuters.com/article/idUKTRE53C0XV20090413

KARACHI (Reuters) - Pakistan's MCB Bank (MCB) (MCB.KA) is interested in buying the operations of Royal Bank of Scotland (RBS) (RBS.L) in Pakistan, MCB Bank said on Monday.

"MCB Bank Ltd has expressed an interest to acquire the shareholding of RBS in RBS Pakistan (RBS.KA) and have also applied to the State Bank of Pakistan for obtaining approval to commence the due diligence," MCB said in a statement to the Karachi Stock Exchange.

Earlier on Monday, Pakistan's Habib Bank (HBL.KA) said it was interested in buying the operations of RBS in Pakistan.

(Reporting by Sahar Ahmed; Editing by Muralikumar Anantharaman)




And  the King shall answer and say unto them, Verily I say unto you, 
Inasmuch as ye have done it unto one of the least of these my brethren,  ye have done it unto me.

Matthew 25:40

Offline Satyagraha

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Dishing up Propanganda to Pakistanis; CFR member Novogratz is going to "help"
« Reply #58 on: September 02, 2009, 05:22:58 pm »

CFR Member Jacqueline Novogratz; CEO of The Acumen Fund

Patient capital’ and power
By Bina Shah
Tuesday, 25 Aug, 2009 | 11:12 AM PST |

What is America up to? This is the question on everyone’s mind these days. A piece of ‘news’ made its way from email lists to the mainstream media last week. Blackwater, the dreaded security contractors who have wreaked havoc in Iraq, has a presence in Pakistan, and an NGO in Peshawar is a front for their mercenary operations in the Northern Areas and tribal belt.

However, this news is probably better classified as ‘gossip’ because Blackwater has been disbanded (renamed Xe but certainly not the same company it was two years ago) and a further check into the NGO in question, Creative Associates International, reveals them to be a legitimate organisation that’s been operating in 15 countries for the last 32 years.

(My God, this writer is really drinking the kool-aid)

This incident deserves highlighting, though, because it encapsulates a fundamental conflict that characterises Pakistan’s relations with the United States: not the clash of civilisations, but the clash between hard and soft power. We’ll have to turn our attention from Samuel Huntington to Joseph Nye to understand what that means.

Nye is the originator of the phrase ‘soft power,’ and his book Soft Power: The Means to Success in World Politics outlines the differences between hard, military power and soft power, ‘the ability to get what you want through attraction rather than coercion or payments.’

In a few short years, Nye’s work has had a profound effect on American foreign policy. Foreign policy experts, professors and government officials have understood that when American culture, politics and policies look attractive to a country, that country is more likely to move in America’s direction. History testifies to the truthfulness of this concept: the most recent example being the protests and demonstrations held by pro-western Iranians after the elections of 2009.

(What the hell? Our economy is in the tank, our government is completely fascist, unemployment is at 20%, and this is a 'model' you seek to emulate?  Oh - and by the way, the US is bombing your country; and moving towards occupation. Who really wrote this article? Someone from CFR - or perhaps a Novogratz minion)

Young, urban and educated, these Iranians liked what America had to offer, while rural Iranians, less immune to the charms and attractions of the American political system and culture, held steadfast in their support of President Mahmoud Ahmadinijad’s government. It would have been a great victory for American soft power if the Velvet Revolution had triumphed, showing that major ideological shifts in countries traditionally hostile to America can be achieved without firing a single shot.

(It would have been a great victory for CFR/Bilderberg/Tri-Lat/NWO)

This may still happen elsewhere in the world; we can observe the two dynamics of hard and soft power battling it out in our own country, Pakistan. On the one hand, the classic hard power elements — armies, military support and drone attacks which ‘take out’ Taliban and other militants — are put to work in and around our borders, with varying degrees of success.

Baitullah Mehsud has been eliminated, the Taliban locked in a self-destructive succession struggle; but the grave price of this accomplishment is visible in every Gallup poll that shows exactly what Pakistanis think of America.

Soft power is more than just about filling our airwaves with rock and roll and our bellies with Coca-Cola, though, as in the Pakistan of the 1950s. Commerce, cultural exchanges, education and human rights and relief efforts are all the tools with which America is trying to win Pakistan’s heart and mind, although given the inconstancy of Pakistan’s heart and the fickleness of its mind, the US will have a harder task ahead than it anticipates.  

(So this writer is blaming the Pakistanis who aren't 'grateful' enough? --- Drone attacks, rapes, murders - not grateful?)

As we all know, we are perfectly capable of enjoying all the benefits of America reaching out to us, and then thumbing our noses at them. Why? Because when you use soft power in conjunction with hard power, you have a hard time convincing people of your sincerity, your intentions.

All the good work done by NGOs, educational outreach and business groups wanting to promote trade between the two countries goes down the drain every time the news of another drone attack hits the headlines; (wait - don't you mean 'hits the people'? ) the US runs the serious risk of looking even more diabolical by making the carrot and the stick so obvious to us here in Pakistan.

Furthermore, as nice as soft power looks on the outside, it still defines us by what we can get out of them and what they can get out of us, a mutually parasitic relationship that is no healthier than that of the conqueror and the conquered. My friend Zaheer Kidvai, wise in many more things than just computers, made an interesting observation about this: ‘When the British occupied the subcontinent, and their ‘troops’ were here, the only way Americans could ‘get in’ was to send out comics and movies that invaded what [educator and media pioneer Marshall] McLuhan referred to as our ‘space between the ears..’..

(This idiot is acknowledging that the propaganda worked before...  amazing).

‘Now the US troops are here and the British want to ‘get in’ … so a variant of the same strategy has come into play. Organisations that we once admired for their tremendous support of indigenous activities and initiatives ... are beginning to become more active and — especially with their physical space, sadly, curtailed by risks of a different nature — are trying to own our McLuhan Space.’

(See: "The Medium is the Massage", by Marshall McLuhan, then read "Propaganda" by Edward Bernays and Mark Crispin Miller)

Will we ever be able to move beyond what they want from us or what we want from them? Recognising our interdependence, and working with mutual respect to achieve goals that have nothing to do with strategic power or influence, can we come up with a relationship that benefits us without making us post-colonial slaves to the western power dynamic?

(Good idea...)

Perhaps the answer lies in the concept of patient capital. I learned about this from Jacqueline Novogratz, whose company, the Acumen Fund, uses patient capital to ‘build transformative businesses’ that serve Pakistan’s poor in the fields of water, health, housing, energy and agriculture. The hallmark of patient capital is that the investor makes a long-term investment in a business with no expectation of turning a quick profit. You make the investment, but you don’t want an immediate return; you can afford to wait and allow the business to achieve self-sustenance, and then you will see a return on that initial investment.

It’s primarily a business term, but think about the implications of applying it to US-Pakistan relations. The US invests in our education, health or power crisis, but with no short-term expectations, no pressure, no demands. They act as a friend helping out another friend in need. They wait, patiently, for the long-term dividends of this investment: an improved opinion of the US and the elimination of resentment and suspicion between the two countries. This kind of patient capital will pay off in ways that will benefit us both for generations to come.

Well it was a good idea, but you fell prey to the elites who want to OWN Pakistan's "water, health, housing, energy and agriculture".

The writer is a novelist. (Fairy tales apparently)
[email protected]

--------------------------------------

I can hardly stand to post this article, but I do so because it's a perfect demonstration of the bullshit propaganda promoted by the elites in an effort to 'buy' the allegiance of the Pakistani people. It is so FULL of doublespeak it could be 'exhibit a' in an appendix to 1984. I'm sure that Bina Shah wants the best for Pakistan, but has been seduced by a master of deception and will not find the answer to Pakistan's problems in the ministrations of the "Acumen Fund".

Find Novogratz on this list posted by AI:
http://www.stopthenorthamericanunion.com/CFRMembers.html#N
And  the King shall answer and say unto them, Verily I say unto you, 
Inasmuch as ye have done it unto one of the least of these my brethren,  ye have done it unto me.

Matthew 25:40

Offline Satyagraha

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Re: Pakistan's Infrastructure : Multinational Destruction of Their State
« Reply #59 on: September 02, 2009, 07:56:29 pm »
Novogratz is NWO:

Jacqueline Novogratz
From Wikipedia, the free encyclopedia
http://en.wikipedia.org/wiki/Jacqueline_Novogratz

 This biographical article is written like a résumé. Please help improve it by revising it to be neutral and encyclopedic. (May 2009)

Jacqueline Novogratz is founder and CEO of Acumen Fund, a non-profit global venture fund that uses entrepreneurial approaches to solve the problems of global poverty. Acumen Fund seeks to prove that small amounts of philanthropic capital, combined with large doses of business acumen, can build thriving enterprises that serve vast numbers of the poor. Acumen Fund currently manages more than $30 million in investments in South Asia and East Africa, all focused on delivering affordable healthcare, water, housing and energy to the poor. The organization also includes the Acumen Fund Fellows Program, focused on building the next generation of business leaders with an understanding of global issues and poverty. The organization has offices in New York, Pakistan, India and Kenya.

Prior to Acumen Fund, Jacqueline founded and directed The Philanthropy Workshop and The Next Generation Leadership programs at the Rockefeller Foundation. She also founded Duterimbere, a microfinance institution in Rwanda. She began her career in international banking with Chase Manhattan Bank. She is currently on the advisory boards of Stanford Graduate School of Business and of Innovations Journal published by MIT Press, and she serves on the Aspen Institute Board of Trustees and as a member of two World Economic Forum Global Agenda Councils, on Social Entrepreneurship and on Water. She is an Aspen Institute Henry Crown Fellow and a Synergos Institute Senior Fellow, and she was recently honored as an Ernst & Young Metro New York Entrepreneur of the Year 2008 award. She is a frequent speaker at international conferences, including the Clinton Global Initiative and the TED conference. She has an MBA from Stanford University and a BA in Economics/International Relations from the University of Virginia. She speaks Spanish and French and has a working knowledge of Swahili.

In March 2009, her book The Blue Sweater: Bridging the Gap Between Rich and Poor in an Interconnected World, was published. The book relates how she left international banking for an adventure in Africa that proved the starting point for a career as a social investor with a mission to change radically the way the problems of the developing world are approached.

Jacqueline Novogratz is married to Chris Anderson, the host of TED.

And  the King shall answer and say unto them, Verily I say unto you, 
Inasmuch as ye have done it unto one of the least of these my brethren,  ye have done it unto me.

Matthew 25:40