PERENNIAL PROSPERITY ELUDES PAKISTAN
Oct 09, 2016
The most powerful and enduring ideas also happen to be the oldest. Ideas like justice, unity and genuine democracy, ideas which have stood the test of time. The secret of a civilisation's success as well as their rise and fall are interlinked with these very same values. This is confirmed in the Islamic holy book Quran and Allah says: "Indeed, Allah will not change the condition of a people until they change what is in themselves" (chapter 13, verse 11).
That statement, however, did not come true for Pakistan. Pakistan's economy improved significantly between the years 2000 and 2007 and Pakistan managed to reduce its external liabilities and debt by half; from 52% of GDP to 26% of GDP.