Surge in Donkey population in Pakistan, while economy crashes
Pakistan has been bailed out once again by IMF and Saudi Arabia. However the Paki Govt instead of improving the economy has once again increased its defence spending and continues with the loss making China’s Belt and Road initiative Star Project – the Gwadar Port. It has also started accelerating once again on Harakiri path by encouraging terrorists attacks this time in Jammu -Reasi region.
No wonder as per the recent Pakistan Economic Survey for 2023-24 there is a significant increase in the Pakistani donkey population, reaching 5.9 million, representing a growth of 1.72 per cent from the previous fiscal year.
This rise in the “donkey” population must be in the entire political and bureaucratic system of the country. This is clear from the fact that Pakistan’s overall economic growth is still fall below and cannot meet expectations of people of Pakistan. The economy is expected to have grown by 2.4 per cent in the current fiscal year, which is lower than the government’s target of 3.5 per cent as stated in the latest economic survey.
Donkeys play a significant role in Pakistan’s economy, particularly in rural areas. They are used for various tasks such as transportation of goods and people, agriculture, and as a source of livelihood for many families. Donkeys are valued for their strength, reliability, and ability to navigate rugged terrains, making them indispensable for certain industries and communities, especially in regions where modern transportation infrastructure is lacking.
Therefore, the increase in the donkey population highlighted in the economic survey indicates its importance and relevance to the country’s economy.
As “donkeys” control Govt planning and implementation, no wonder Pakistan is facing several challenges in achieving its economic growth targets. High inflation rates and unsustainable fiscal deficits have undermined investor confidence while hampering business activities.
Security challenges, such as terrorism and insurgency have disrupted supply chains and increased security-related expenses, further impeding development. Structural weaknesses, such as inadequate infrastructure and an inefficient bureaucracy, also constrain productivity and hinder economic expansion.
During the unveiling of the Pakistan Economic Survey on Tuesday, Finance Minister Muhammad Aurangzeb revealed that the economy fell short of all the targets set in the previous budget.
