Despite privatizing our precious and profitable national assets our government is still unable to reimburse all debts. Although taking US grants of 1,000 million$ on the name of economic and military development projects, receiving 600 million$ through imprudent privatization and getting acquitted from loan repayment of 160 million$ our foreign debts has increased up to 369 million$ this year which were 336 million$ during year 1997. Thus, presently, every newborn Pakistani is a debtor of 1,300-1,400 PKR, which is point of great shame for us.

In 2002, Mushrraf’s government rescheduled our foreign debts for 35 years from Paris Club i.e. it has been settled that loans shall be reimbursed after 35 years instead of the due period. Hence by taking giant loans we mortgage our country’s independence and dignity to international financial bodies. Now the question arises how countries become entangled in such blood sucking schemes which externally seems quite appealing and soft? Mr. John Perkins has unveiled this mystery in his book “CONFESSION OF AN ECONOMIC HIT MAN” in this book he has explained that Economic Hit Man (EHM) professionals are those subjects who hold masters and doctorates degrees in economics and finance from world’s well-known universities, they are hired by international economic organizations, multinationals, US Aid and oil and gas companies as their consultants or extra-ordinary packages, they are trained and prepared and brought in shape according to aspirations and agenda of the respective company or organization and this entire training period and trainers are kept highly secret. After the completion of training the aforementioned organizations destine these EHMs in under-developed countries as their consultants. Some of the economic hit men are given task of preparing economic reports while some are given the responsibility to form technical reports and designs. Externally they are supposed to be working for their corporations but behind the curtain their major target is to create and maintain terms and relations with under-developed and developing countries. By preparing wrong economic and technical reports and presenting frightful financial prognostications EHMs persuade and help poor countries to take loans from international monetary bodies, not only this they also contribute to corrupt and infect political elections and forming desired governments in the respective countries just to satisfy and secure EU and US’s concerns and for this sake they do not hesitate even to refer most contemptible options like sex, bribe and murder. There is no special restriction for economic hit man to be a foreigner i.e. those local elites of commerce circle who serve in international organizations till long period are also employed for this mischievous task, the organizations in which they serve do lobbing for them inside their homeland unless they achieve “KEY POSITION”, and right after that EHM turns active.

John Perkins is also an ex-EHM who was hired by a famous international company for NASA. And for different projects’ concerns he visited various countries like Indonesia, Panama, Ecuador, Columbia, Saudi Arabia, Kuwait, Iran and Pakistan, his chief task was to promote the benefits of American Corporate sector, international monetary organizations like WB, IMF, ADB, IFC etc and international oil companies, and to convert petro-dollars of these countries (especially that of KSA) in US’s economy once again.

According to him, EHMs were typically involved in serious political and warring issues also; like dissolution of regime of late Iranian king Raza Shah Pehlavi, Gulf war and invasion in Iraq and Afghanistan. He wrote in his book that EHMs not only exercise to provide their companies tenders of under-developed and developing countries’ projects but also shrewdly entangle them in blood-sucking cobweb of international debts and by giving rescheduling offers they enhanced the burden of loans on the weak shoulders of such countries which later turn helpless regarding its reimbursement, their freedom and independence get shamefully burked, later they are oppressed to become defaulter. Hence through this way these indebted nations are forcibly committed to permanently fix their vote in UNO for the advantages of US and EU, that is, by strong vote bank they can freely put economic sanctions on any country at any time they want as well as enjoying legal control on military bases and oil and gas storages of poor debtor nations. In straight words economic hit men are lubricated nuts and bolts of hegemonistic machinery of developed west.

I think now there isn’t any difficulty left for the people to understand the evil and devastating strategy of International economic mafia. Our dear country is also terribly victim of their shrewd and genius economic devises which has tended us to stand as a top seventh indebted country of the world. Our economic policy makers must realize this demoniac methodology of EHMs; we critically need such effective and judicious policies with mutual consensus that could deracinate all those international tactics which are economically and politically deadly for us. May ALLAH secure my homeland.

Long Live Pakistan.

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