Sunday, September 18, 2022

IF I HAD BILLIONS TO GIVE AWAY

 A very common picture enters our minds whenever we consider the possibility that one day, we might find ourselves in the position of a billionaire; to some extent, this is natural. We decide on the spur of the moment that we'll travel the world, invest in high-end luxury vehicles, and construct elegant homes. But if Allah grants us such wealth, have we ever wondered about what He will require of us in return? Furthermore, pursuing objectives that just benefit and satisfy us will never bring Allah's pleasure or give us the fulfillment we seek; only pursuing objectives that benefit and please others will do so.

If ever Allah blesses me with such wealth, my primary goal will be to change the system in Pakistan through education. That aims to increase morals in people, build their character, improve their well-being, and help people gain ethics for a healthy society. In Pakistan, I noticed that due to unfulfilled basic needs, people don’t think outside the box. So, I would like to bring them out of the situation. When people get unraveled and smooth their minds from their internal basic affairs, they will start to be concerned about the country’s position Insha’Allah. I’m disparately waiting for the day when I will see that the country is in good hands now. For this, it is necessary to bring awareness to individuals about how they can contribute to Pakistan from their respective domains. This is only possible when we change the mentality of people here. To change the mentality, we have to enlighten their minds with the teachings of Islam. We have to put it in their minds that they are here for a purpose. And one's purpose in life should be to live mindfully and passionately, spread love and kindness, and be philanthropic.

Therefore, if I had billions to give away, I would utilize them for my nation's and its citizens' welfare. We will need numerous resources to build a society like this. I won't be able to complete this all on my own. However, I would find it fascinating to take part in this. I, therefore, ask Allah to provide me the capability to assist the people and gain their esteem.  

Sunday, September 4, 2022

Financial Condition of PAKISTAN

 The Financial state of Pakistan is perceivable to anyone who comprehends. It is sad to say that relying on the assistance of others has always been the focal point of Pakistan's economical management system. Since 1950, Pakistan has availed 22 bailouts from IMF. This corrupt diplomacy of borrowing from foreign lenders and friendly countries led to a steep rise in debt approximately $248.7 Bn which is 80.2 pc of the GDP of Pakistan. Real disappointment commences when authorities, even after getting loans, never invest in Human development projects which results in substandard human resources. They never financed long-term Technological and Industrial development projects and as a consequence industrial development is almost zero and Pakistan became a major importing economy. The economy is primarily agriculture-based with a massive lack of evolution in a sector. PAK budget is not enough to unlock further IMF loans, IMF refused and imposed strict conditions also. Now government set new tax measures aimed at increasing revenue collections. According to the Pakistan Bureau of Statistics, the Consumer Price Index (CPI) increased to an all-time high of 187.84 points in august 2022. Necessities, transportation, food, electricity everything is quite expensive. Continuous Rupee depreciation against the Dollar worsens GDP. Furthermore, the current situation made Foreign Investors reluctant since the country has been devasted by the outburst of floods, and risks of declining payment capacity are increased in the country which results in a slowdown in the inflows of FDI. Here are some exact facts and figures reflecting the current financial condition. 




The country's stability includes Human Resources, Natural Resources, Industrial and Technological Development, Capital Formation, and Socio-Political Factors. These all are equally crucial. In my opinion, Government should have to focus more on the geo-economy instead of geopolitics. They should have to invest in education instead of spending major GDP on arms and ammunition. The constant rift between the regime of military and civilian government is spoiling the country's stability from day one. This must be halted now.