Performance is best answer for critics. When performance is continuous and lasted for over 8 years, it becomes proof itself of competence, good governance, and honest leadership void of corruption. Only crooks and thugs would demean obvious economical performances backed by facts and figures with their lies and propaganda, because crooks and thugs always try to demean honesty, because they are dishonest to their core.
Brother, to see where sugar is going, one has to taste the meal. No point shouting that sugar is stolen when meal is sweet. Only when meal get sour than we can say that where sugar is gone and who stole the sugar. When meal is sweet, only thieves and thugs shouts that sugar are getting stolen, because they want to hide their own looting and plundering with propaganda. Further, 8 years of management is long enough to see the quality and honesty of management with the result, as no luck can give 8 years of continuous growth and good performance, taking a country with bankrupt economy to become one of the fasted growing economies in the world.
It was Musharraf and SA who kept paying around $4 billion dollars interest every year and still did not let Pakistan dollar debts increase … debt that were $38 billion in 1999 was only $40 billion at the end of last year (2007). On top of that, it was their management because of whom Pakistan reserves that was few hundred million dollars in 1999 increased to 15.6 billion dollars (15600 million dollars) over 8 years (Nov 2007). Oil price is also not an excuse, as Musharraf government was giving such performance even when oil price was continuously increasing from $10 in 1999 to $97 at the end of last year (around 900 percent), and trade deficit for Pakistan was there throughout last 8 years. During their period, not for a year or two, but since 2000, Pakistan rupee was also holding its value at Rs 60 to a dollar. Now think what could have happened after SA left that Pakistan debt increased to $45 billion and reserves also decreased to $8 billion? Accumulative difference of $13 billion in less than a year.
Even rupee debt was not increasing much as it increased Rs 950 billion between 1999 and 2007 (8 years), but increased Rs 662 billion in one year, between 2007 and 2008, most during last few months. For instance, Pakistan borrowed Rs 662 billion during 2007-2008 but borrowed only Rs 279 billion in 2006-2007 (higher than average borrowing because of bhangra dances by devils on road, who were destabilising the economy for enemy of Pakistan who were paying them) … but then borrowing was very little before 2006 (around Rs 700 billion in 7 years, between 1999 and 2006) … and that is the reason interest rate in Pakistan decreased from around 20 percent in 1999 to below 5 percent in 2007.
Thus, it is not a big deal to understand that reserve that was increasing every year since 1999, rupee that was holding its value since 2000, and foreign debt that was almost constant (actually decreased during most years), everything started deteriorating so rapidly because crooks took over in April 2008. Obviously, Musharraf and SA was keeping Pakistani wealth within country and managing them well, but we saw such rapid changes because now we have crooks looting, plundering and mismanaging the economy. So blame those who deserve, not those who should be appreciated, else no one would care to work hard for the country with such undeserving people who could not even appreciate good, efficient and honest works. I can only say that one should not be amongst thugs and crooks or try to be their agents, who could not appreciate good works of others because they do not even have intention to change and do good works themselves.
