It seems that Pakistan should stop relying on foreign loans for development. The country must first achieve political and economic stability at the domestic level. Once stable, it can pursue joint ventures with private-sector companies specializing in advanced technologies. Unfortunately, Pakistan has made little progress in addressing lā¦
It seems that Pakistan should stop relying on foreign loans for development. The country must first achieve political and economic stability at the domestic level. Once stable, it can pursue joint ventures with private-sector companies specializing in advanced technologies. Unfortunately, Pakistan has made little progress in addressing loss-making state-owned enterprises. It appears that the leadership lacks a clear strategy, borrowing from international agencies without a well-defined plan or consideration of whether the loans will yield productive outcomes. The leaders possess only superficial knowledge, while the bureaucracy lacks the necessary capacity to implement effective solutions. If we didn't correct skewed thinking, disaster is written on the wall.
It seems that Pakistan should stop relying on foreign loans for development. The country must first achieve political and economic stability at the domestic level. Once stable, it can pursue joint ventures with private-sector companies specializing in advanced technologies. Unfortunately, Pakistan has made little progress in addressing loss-making state-owned enterprises. It appears that the leadership lacks a clear strategy, borrowing from international agencies without a well-defined plan or consideration of whether the loans will yield productive outcomes. The leaders possess only superficial knowledge, while the bureaucracy lacks the necessary capacity to implement effective solutions. If we didn't correct skewed thinking, disaster is written on the wall.
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