Sunday, June 12, 2011

Watch out people, I am a Sheikh : Hafeez Sheikh

Pakistan's Finance Minister Dr. Abdul Hafeez Sheikh has said that he is prepared to take tough decisions as he takes perverse pleasure in being unpopular. When it comes to concessions for public, then he has the special ability to do dour and grumpy miser, after all he is a Sheikh.

The Finance Minster has clearly signaled that there's no room for Mr or Mrs Nice if the country is to be dragged out of this economic mess. Don't tell me that the worst is over or that we've turned a corner. I know it's bad and that it will most likely get worse before genuine green shoots appear.

In his Budget speech 2011 - 2012 the Finance Minister laid it on the line.

"Don't be mistaken, I am a Sheikh, and I know that there is no room at all for soft options. On the contrary, it is in all our interests that the Government follows a very strict discipline. There can be no concessions to public and all sections of the society will have to bear some of the burden."

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