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Fifty years ago Gloomy economy

2023-01-18
KARACHI: Even almost one year after the induction of the present Government, which is committed to the establishment of an egalitarian and just social order, the state of the economy remains gloomy. Pakistan`s economy had received very hard knocks due to a protracted civil war and war with India which resulted in the loss of the East Pakistan market. Moreover, the introduction of various reforms in an already depressed economy had a `shock effect`.

Not all economic ills however, can be laid at the door of the Government, for outside pulls and pressures on the economy have been stupendous. Correspondent [Meanwhile, as reported by news agencies from Larkana,] the Shahanshah of Iran and President Bhutto today [Jan 17] went for duck shooting at Langh Lake, about 14 miles from here. Earlier, the Shahanshah, accompanied by President Bhutto ... was received at the Langh Lake field by the Chief Minister of Sind who hosted a post-shikar lunch in honour of the distinguished guest. Later, the Royal guest and President Bhutto left for Moenjodaro to see the excavations and Museum of the world famous Indus Valley civilisation. The Shahanshah was shown a map indicating three trade routes... .