Musharraf blames previous Govt for economic crisis

Hey I thought it was the PPP Govt’s fault :hehe:

RAWALPINDI: President Pervez Musharraf, Wednesday said he is not responsible for the economic crisis presently confronting the country.

Talking to senior journalists and columnists here, he said the previous government may be held responsible for the economic downturn.

“My policies and steps be viewed in the backdrop of circumstances that existed in the country at critical point in time in the past,” President Musharraf maintained.

He said the democracy is under no threat and that “why would I want to rip the sapling that I myself planted.”

“No conspiracy is being hatched from the Presidency,” he added.

Re: Musharraf blames previous Govt for economic crisis

I couldn't agree with him more. What has the previous governments given to Pakistan, in terms of economics? Not much, comparing to Musharraf's government.

Re: Musharraf blames previous Govt for economic crisis

What he has given in 7 years? He can't blame it on previous government anymore. He has been soley in power for almost 8 yrs, it is a long time to change things. It is time for him and his government take the responsibility for their failed policies which led to this present economic crisis.

By previous he means the one before the current govt, i.e one before the election i.e Q-League a.k.a Lota League. (as if he had nuthing to do with them ;)

Re: Musharraf blames previous Govt for economic crisis

Statistics that LKC posted in another thread proves Mush right once again. I know facts are a weak point for some of you.

Re: Musharraf blames previous Govt for economic crisis

Lol... that is coward, trying to escape by putting blame on others and disassociating with them.

I wonder what PML-Q's response will be...lol

Re: Musharraf blames previous Govt for economic crisis

That is the most LOTA-fied one can get. :-s

You mean when someone blames jihadism, kargil, nuke proliferation etc. all on Mush? :wink:

That would be interesting, lets wait and see

Re: Musharraf blames previous Govt for economic crisis

hahah the response of certain musharraf apologists is funny, their own little wall of defence to prove the PML[Q] did wonders for the economy collapsed, by none other than their hero Musharraf :hehe:

This just proves Musharraf is looking for another scapegoat.

**
Talking to senior journalists and columnists here, he said the previous government may be held responsible for the economic downturn.

**Now this is something that we dont need to explain, but by ‘Previous Government’, he means the PML[Q] lota league.

http://www.paklinks.com/gs/showthread.php?p=5886642#post5886642

Re: Musharraf blames previous Govt for economic crisis

Looks like the PML[Q] is blaming itself for pretty much everything :hehe:

http://www.dailytimes.com.pk/default.asp?page=2008\06\19\story_19-6-2008_pg7_12

http://thenews.jang.com.pk/top_story_detail.asp?Id=15439

PML-Q concedes its past blunders

Spock,
I’ve read the 3 articles, and have yet to see any information pertaining to how PMLQ’s economic policies created the current downturn (apart from the tax issue [refer to FY06’s Fiscal Policy] which is debatable). Actually, if you’ve been keeping up the economic news, you may have noticed that this downturn came suddenly after those thugs arrived back in to Pakistan. These political events caused investors to pull out their investments, due to fear (i.e. something like what NS did to investors might happen again), and a lot of other things: economic activity slowed down.
Since you are so keen on knowing all about PMLQ’s “failed” economic policies, why don’t you make a list of these policies right here & discuss with us what exactly was it in the policy that caused it to be termed as ‘failed’ ? Why don’t you do that for us please.
Thank you! :slight_smile:

On the political front, even I will admit that Musharraf made a number of blunders. Everybody makes mistakes at some point, and Musharraf was in a very tough position and at a very intense time. But I will still give them some credit for openly admitting to their mistakes – I certainly do not see their counterparts doing such a thing - I don’t think they’ve even recognized their own blunders.

He has tripled the economy of the country! Has any Pakistani leader in the past ever done something like that? I didn’t think so. This is just one thing Musharraf’s government has given (for more things, refer to my topic about statistics).

Eight years is not enough to change everything. For example, lets talk about the power crisis. An average-sized decent power-plant (be it coal, oil, or gas based) takes several years to finish construction & become operational. Nuclear plants take well over a decade to become operational. Had the previous governments taken any, and I mean ANY initiative in thinking about the country’s future energy demands, they would’ve initiated some power-plant projects in their terms in office (which would’ve been completed by now & operational). The fact of the matter is that ever since Bhutto came into power till the time N.Sharif was ousted, there was not a single power-related project initiated. Not a single one. Under Musharraf’s government, around 25-50 projects were initiated, most of which will probably be completed under the rule of the newer governments (and the jaahil awaam of Pakistan will not give any credit to PMLQ). Now you tell me, who is to blame for the current power crisis? ..considering the fact that even if Musharraf’s government launched such projects, they still wouldn’t be operational by the end of their term (even though they’ve already launched a whole bunch).

As for the failed policies, please enlighten me which ones failed, be specific and elaborate. And also enlighten me about which of their policies led to the current crisis.

Facts are enough for some to believe that something did wonders for the country. Its something you cannot deny, and even when you try to, to the hardest of your ability, it just.. does not.. happen. I haven’t seen one constructive fact coming from you on this issue, and I have yet to see anyone criticize PMLQ’s economic wonders backed up with credible & authentic evidence. And by evidence, I mean facts, not opinions.

It is so surprising that supporters of NS always rely on lies, learned from habit of lying by NS himself and most of his party leaders. His supporters claim every good work done in Pakistan to NS, even though major work done by this dude NS is spreading lies, victimising political opponents, corruption, plundering country’s wealth, nepotism, confrontation and terrorism (he is the only convicted terrorist who head a political party in Pakistan).

This dude NS lies so blatantly that only mental incapables can take his lies. For instance, moving to Saudi Arab from Pakistani prison without any agreement of Musharraf, as if Saudi Arabia rescued him from Pakistani Prison using clandestine military operation and Pakistan could not manage to stop that. Fact that anyone could clearly see is that, Saudi Arabia could not have taken Nawaz out of Pakistani Prison without agreement of Musharraf, because Nawaz was in Pakistani prison and not Saudi Prison, waiting for implementation of death sentence he got after getting convicted of terrorism charges from Anti-terrorist court (ATC) Nawaz himself started in 2007 against terrorists operating in Pakistan. This ATC gave many death sentences during Nawaz tenor before giving similar sentence to Nawaz, but it is ironic that other terrorists got hanged because no foreign countries like Saudi Arabia came to their rescue but Nawaz lives because under pressure of Saudi government, Musharraf gave him pardon. It is also ironic that Saudi Arabia hangs terrorist convicted in Saudi Arabia but interfered to stop justice taking place in Pakistan and Pakistan had to oblige because of threat to Pakistani oil supply and other financial benefits from Saudi Arabia, including future of millions of Pakistani working there.

Here are some facts regarding two of many Power Generation Projects in Pakistan that got started and finished during Musharraf government between 1999 and 2008. I am mentioning them as some of NS supporters under the influence of lies from NS and other leaders of PML(N), think that these two Power projects were started by NS:

Chasnupp 2 (Chashma nuclear Power plant 2): ‘Chashma 2’ started in late 2000 or early 2001. There is settable image of the site taken on 21st Oct 2000 shows nothing there. Satellite image shows partially constructed buildings in Oct 2002, and completion in 2005. Further, Satellite image found work starting there in 2006 for two more similar size Chashma 2 power plants. Here is a paragraph regarding Chashma plant from ‘The Institute for Science and International Security (ISIS)’, USA … on page 2 of the report on Chashma nuclear sites and reprocessing plant. One can also see satellite images of ‘Chashma 2’ site at different dates on mentioned website:

Paragraph (from page 2 of the site): A comparison of imagery from 2000, 2002, 2005 and 2006 indicates construction activity in this area resumed sometime between late 2000 and late 2002, and continued steadily through the next four years. An image of the site from October 21, 2000 shows the site largely overgrown, without construction activity or even roads (Figure 5). Two years later, in the October 19, 2002 image, a significant amount of construction has taken place, with materials next to buildings and dirt paths already well worn from vehicles (Figure 6). By 2005, there are more noticeable differences suggesting further progress in construction (Figure 7). Partially constructed buildings in October of 2002 appear finished in September 2005. The pond located near the stack is empty and recently excavated with adjacent soil dumps in October of 2002, but it is full in the September 2005 image. Furthermore, the October 2002 image shows this part of the Chashma site full of soil dumps and with dirt paths instead of paved roads. The roads at this part of the site in the September 2005 image are paved. The September 3, 2006 image shows construction materials and trucks next to buildings as well as the construction of two more buildings (Figure 8).

Ghazi Brotha Project: Feasibility of this project started in 1987 (Zia time) and got approved in 1994 (BeNazir government). Estimated land acquisition cost (89000 Kanals) was Rs 1.8 billion but unscrupulous politicians from NWFP and Punjab started corruption in this process and in collusion with other government officials, raised the acquisition cost from Rs 1.8 billion to Rs 7.5 billion. Investigation of corruption in land acquisition started by NAB whose working reduced the cost of acquisition from Rs 7.5 billion to Rs 5 billion, saving Rs 2.5 billion of National exchequer money. Actual project got started and finished during Musharraf time.

Re: Musharraf blames previous Govt for economic crisis

Lahori Cheeetah, please direct your questions to Musharraf, hes the one blaming the previous Govt for the economic crisis, and FYI I never though our economy was doing wonders in the first place. Shortcut Aziz can blow up all the numbers he wants, but the people werent happy with the inflation one bit.