CHITRAL NEWS

   Published daily from Chitral,Pakistan

   Chief Editor: Wg Cdr (r) Fardad Ali Shah

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Chitral News - Bringing you the latest News & Views from Chitral, Pakistan. Fresh News could be added any time of the day or night. To view the latest page, Refresh (Ctrl+F5) on opening.    

 

The price of running on debt

 

CHITRAL, 29 Nov 08:  Getting loans to meet financial deficits caused by mis-spending, corruption and mismanagement has brought the country to the brink of both financial and moral bankruptcy.

 

The misdoings of our national leaders ever since the creation of Pakistan is now fully manifested in the daily lives of common citizens. A senior banker talking to Chitral News  said he summoned one bank loan defaulter to his office and demanded he return the loan, to which the defaulter replied audaciously, "The country itself is perpetually running on loans, so if I do not pay my loan what is the big fuss about".

 

To those worried about the future of the country, this mindset depicting a paralyses of hope and trust is more dangerous than the ongoing terrorism phase, as the latter may subside,  but it will take generations to mend the battered moral fiber of the nation.  --(CN report)