The policymakers of the country would do well to listen to economists offering sage advice.
UTTAR PRADESH: This is with reference to the editorial published on December 14, titled “Between ghairat and strategy”. Just over two decades ago, India was about to default on its debt payments and its foreign exchange reserves were abysmally low. The IMF asked India to provide gold as collateral before it would extend any help to the country.
Today, 20 years down the line, the IMF is selling gold to India. If India was able to undergo an economic metamorphosis, I see no reason why Pakistan can’t.
I am no economist, but I know there are economists in Pakistan offering sage advice. The policymakers of the country would do well to listen to them because a stable and economically strong Pakistan is essential for peace, stability and the overall development of the region.
An Indian reader
Published in The Express Tribune, December 16th, 2011.
