Islamabad: The Pakistan Economy Watch on Sunday said the human assets of country are facing a major threat which can prove more blasting than environmental degradation, economic slowdown, terrorism and wars.
The unjust demands of donors will further aggravate the already deteriorating situation. A compromise on living standard of masses amounts to arriving at a compromise on the future of Pakistan. “We have been violently and needlessly disturbing resources since long and now our most valuable asset is in the red,” said Dr. Murtaza Mughal, President Pakistan Economy Watch.
Steps are being taken to avoid drop in value of currency, agricultural and industrial out put but the fall in the human output is ignored which is taken as criminal by many, he said. Not even the lip service is deemed necessary for the degrading human resources which are more important than any other thing. How can a country progress or maintain its economy when the workers start compromising on food, health, education and other essentials due to increasing cost of living, he questioned.
The present trends in society due to prices rocketing out of sight has triggered many unhealthy trends in the society. Dr. Murtaza Mughal said Pakistan is far more better than many countries as far as the human resources is concerned but their potential has never been tapped.
Pakistan lacks proper social security and safety system for poor and claims regarding welfare are limited to media glare only, he lamented. He said that demands of the donors will not only hurt all components of the economy but will have a catastrophic affect on the human assets of the country.-SANA