Re: Pakistan Forex Reserves reach $15.780 Billion
Forex reserves is an interesting figure and we ought to deal with it in a cautious manner. This is a combination of Western aid + trade.
My hats off to the current government for this achievement. It clearly shows that money inflow has helped the “national reserve”, and misappropriation has remained at a low level.
Having said that, we shouldn’t ignore the fact that Nawaz Sharif was forced into low reserves by our nation.
Our nation back then sang the song that was pretty much like that Bollywood song:
Bum maro Bum, [trans: explode nukie, explode nukie]
Mitt jaiay ghum, [trans: It will alleviate all our miseries]
bolo subha Shaam, [trans: Repeat this mantra every waking moment]
Nukie is our Imam [Trans: Nukie terror is our true god]
Yes guppies, we wanted to go boom after Indian $tupidity with nukes. There were really few sane voices in Pakistan.
We could have avoided Bum maro bum, and milked Clinton government for aid and trade.
Unfortunately as a nation we opted for empty bravado, and paid for it with our precious Forex reserves. The situation got so bad, that namak haram AQ Khan ended up peddling our precious nukies to the rogues states of Iran, Labia, and Kim-Kim jannat North Korea.
We haven’t learned from that sad experience. Those insane voices haven’t gone away. We can hear them from Mullahs, and even parliament. People want to do Jihad against US. This is the same Bum maro Bum Talibanic bubonic self destructive mentality that hurts us so much.
We must guard this Forex reserve by shielding ourselves from Bum-maro-Bum mentality.
Amen!