So you want India to grab all the gravy train and think that is great but clearly not for Pakistan. The bit about paying your bills also applies to India. GCC remittances to India are far greater than Pakistan.#
Well Indian foreign debt and forex levels are about equal. India also maintains and expands appropriate relationship with GCC with their remittance (and general trade esp with UAE) in mind....while strictly giving a flat no to any intrusion into "mullah training" antics they seem to make demands on Pakistan always along with other things that are simply off the transaction table to begin with in India's case.
Pakistani foreign debt (120 billion USD) is at least 6 times larger than its forex reserves (20 billion), and possibly much larger than that depending on the accounting (12 billion held by the actual central bank and its breakdown w.r.t origin makes for bad reading).
It is thus far more dependent on GCC remittance (amounts to 14 billion USD roughly in total per year).
India amounts to about 37 billion USD per year from GCC (For forex level of 550 billion USD). Even excluding the forex/debt situation, this is not 6 - 7 times higher than Pakistan's (given population differential).
This is the underlying reason Imran Khan made excuses to not attend the KL summit and left Erdogan and Mahathir in the cold there.
The underlying underlying reason is Pakistans savings rate in the single digit doldrums for decades now.
The underlying underlying underlying reason is what we already discussed too many times already so no need to revisit again.
Tbh Pakistan made this mess for itself...by being illogical and irrational on very key things. The outsized shovel required to dig itself out will be provided by no-one, much less overnight. That needs an attitude change in which direction to dig first of all.
And from my perspective the recent events which have seen tension in the GCC and Pakistan relatioinship is probably the greatest gift Pakistan has got in last 40 years. I am thrilled. I despised Saudia, UAE and the GCC. This was not about wqhat they do. I don't give a toss to these oil bedoiuns. The number of times I got into bother for gunning after the gods of GCC can't be counted.
OK, well power to you on that. In my estimation things will happen differently given predicament of Pakistans finances and inertia with GCC that cannot be flipped off and flipped on with China/Turkey/Malaysia.
I ask again what are the trio's capability (and actual desire) to host Pakistani workers and provide revenue stream like GCC does?
What is China's genuine intersection/capacity/interest to provide higher replacement that US/UK/West currently does w.r.t Pakistan's migrant tiers? Is there a rush to learn Chinese in Pakistan instead of English for example?
Real world issues and environment matter.
The reason was simple. Whatever financial benefits Pakistan got from GCC we paid 10 times by the ingress into our society of a primitive wahabi cult which has wrecked Pakistan since 1970s and made zombies of entire chunks of our population.
This I agree 100% on...and again this was under Pakistan establishment control. Simply could have said no and make your own geopolitical reality. Focus inwards as far as possible to shape the long term resilience and identity.
Don't chisel smart (but dead and cant defend themselves anymore) people graves like Abdus Salam, and don't have crankpot dictators indulging all those ultra-religion-geopolitics shenanigans like Zia....that changed textbooks to say Pak national history and ethos starts with the Qasim venture into Sindh. This list just keeps going on and on.
Something was founded very wrongly from onset to indulge and perpetuate this. Again its on Pakistan establishment...rather than same ole "blame the foreigner" (who wants to maximise his influence and goals by default at your expense whomever they are). Either you are strong and wise, or you are weak and dumb.
Now I see the shock these zombies are in Pakistan and this will slowly help to pull back this disease that has taken hold in Pakistan. Finally I can see the light at end of tunnel from this darkness. It will probably take another generation for the cult of wahabism to loosen in Pakistan as GCC sponsored mullahs begin to fade away.
100% agree and I wish you the best of luck. But this genie will take lot of time and effort to put back into bottle neatly. It is renewed process, and it begs the question is Pak establishment even sincere about it? That is something to be seen in longer timeframe by actual results rather than media noise and statements and typical dig hole, fill hole, and dig more holes and fill more holes.
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