Loans are granted to Pakistan but are not monitored/audited to see the completion of the project they are sanctioned for. Pakistani ruling class & govt departments eventually eat up the entire sum. Are these loans granted to promote hypocrisy, gradually leading to fake inflation, injustice & poverty? The end result nowadays is reaction in the form of suicide bombing & destruction due to the problems mentioned. Kalabagh Dam & many projects are just a dream due to this attitude of IMF & World Bank
Once again Pakistan Govt is being forced to run after IMF. Why? IMF & International Banks meant to loan to poor countries like Pakistan impose such heavy conditions/rate of interest that finally it is the common & low paid citizen who suffers. The investor recovers by inflation in return to the taxes imposed or subsidiaries withdrawn. Pakistans lavish ruling/elite class is finally being fed by a low paid citizen. No legal shelter to a low paid citizen is given at any level even if a tax payer
To know more about the WORLDBANK plans / Indigenous Peoples - Climate Change - google search the YouTube video about the protest at the United Nations - May 2008 - titled:
"PROTEST-Indigenous Peoples "2nd MAY REVOLT" at the UNPFII"
Public opinion must know.
Posted the video to the facebook group "World Bank and IFC: The real results"
alcafar1976 1 year ago
Loans are granted to Pakistan but are not monitored/audited to see the completion of the project they are sanctioned for. Pakistani ruling class & govt departments eventually eat up the entire sum. Are these loans granted to promote hypocrisy, gradually leading to fake inflation, injustice & poverty? The end result nowadays is reaction in the form of suicide bombing & destruction due to the problems mentioned. Kalabagh Dam & many projects are just a dream due to this attitude of IMF & World Bank
yahoovisitor 2 years ago
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Once again Pakistan Govt is being forced to run after IMF. Why? IMF & International Banks meant to loan to poor countries like Pakistan impose such heavy conditions/rate of interest that finally it is the common & low paid citizen who suffers. The investor recovers by inflation in return to the taxes imposed or subsidiaries withdrawn. Pakistans lavish ruling/elite class is finally being fed by a low paid citizen. No legal shelter to a low paid citizen is given at any level even if a tax payer
yahoovisitor 2 years ago
To know more about the WORLDBANK plans / Indigenous Peoples - Climate Change - google search the YouTube video about the protest at the United Nations - May 2008 - titled:
"PROTEST-Indigenous Peoples "2nd MAY REVOLT" at the UNPFII"
humanrightstruth 3 years ago