80s. Chare ously the IMF that ment. Farooq Suleheria of the Labour Party Pakistan, who explains some of the issues behind the recent coup in ment. Pakistan.
The conomic crisis in Pakistan is part of the world economie crisis. and according to Pakistan depends a lot on foreign assistance. especially aid from the IMF Pakistan. and worto bank. During the COUSd Cold War it was getting a lot of aid specially during the But now the Cold War has Coceasc reduced. Worse and World Bank may be want debt repayments. It is this issue of debt repayments Pakistan THa OTESUT i Polancs the Pakistani ( governIndia, army is the most powerful institution in Pakistan, the organised and as a social sorce il as ine most important power to be reckIt is the biggest industrial group, it has a strength of the public million another important include the different militias uco casua, it is 1 million. It has generals have feudal dal estates on their retire- India So it's hugely important social force. But since the carly 90's US imperialism does not need the Pakistan army in the way it did during the Cold War because this is where he is their new from.. During his first reduced defence budget for oroses sucy want sec d office carried out some major pro. they still need jects like building a motorthe Pakistan army - they do way orner scocmics taar werc to abolish it all big opportunities for jobless together. They needed it in youth Bosnia and in Somalia where that there would be more of the same this time, especially who were killed and there siveh toc size or ts majority other cases where But this time the situation was very different because he Hicy noco ti coc uuc has a sta BS was not getting IMF/World Bank funds like before and for because of its borders with was instead under China, Iraq and to repay the loans. So he was increasingly dies and this cato a bis ci o Nawaz Shariff was sis for the agro-cconomy. The Pakistan asked to reduce the budget deficit to end mainly depends on cotton and sugar cane - which are out major privatisa- CSAN. tions, to lay off many staff in saying in Pakistan that if you sector and will have good cotton, you thing will have good budget. So the cut in subsidies for which these crops led to an increase was linked with the economic agenda, was normali- in prices and this created a with whole cycle of crisis with growers refusing to niant and The mass of the people had a decline in exports ete ete The other pressure was the big illusions in Nawaz Sharrif, especially in the Punjab reduction in tariffs which