Pakistan to spend 40 crore rupees on getting a flag taller than the Indian tricolour

Even because the economic system of Pakistan continues to be in shambles, Pakistan’s Punjab authorities has introduced that it’s going to hoist its nationwide flag on a 500-foot tall flag publish this yr. Pakistan will spend PKR 40 crore to hoist its nationwide flag on August 14 to mark its Independence Day. Pakistan’s show of misplaced priorities comes after the cash-strapped nation lately secured a bailout package deal from the International Monetary Fund (IMF).

At Liberty Chowk in Lahore, Punjab province will hoist the Pakistani nationwide flag. According to reviews, the nation wants not less than Rs 2,000 crore to repay international loans (plus curiosity) over the subsequent two years.

In 2017, Pakistan raised a 400-foot-tall flag, the tallest in South Asia, alongside the Attari-Wagah border. The 120×80-foot flag was the most important since Pakistan’s creation in 1947.

Pakistan’s determination got here simply days after the IMF granted a $3 billion bailout for Pakistan to keep away from debt default. The money will probably be distributed over a nine-month interval to assist the nation’s financial stabilisation programme. 

Reacting to the Punjab authorities’s determination over hoisting the Pakistani flag, the folks of Pakistan criticised their authorities for losing cash on a flag as a substitute of feeding the poor and supporting the economic system.

Pakistan plans to boost a 500-foot flag in Lahore. The undertaking will value Rs. 400 million, and the flag-raising ceremony will happen on Pakistan’s Independence Day in 2023. pic.twitter.com/MzJgt3Xcbb

— Startup Pakistan (@PakStartup) July 12, 2023

A Pakistani Twitter deal with wrote, “I’m glad. It will provide shelter and food to people Ab Pakistan mai khushiyan hi khushiyan.”

I’m glad 😃
It will present shelter and meals to folks
Ab pakistan mai khushiyan hello khushiyan 🥹

— Faizan (@FaizanIshtiaq) July 12, 2023

Another person wrote, “Yeah. In this economy that’s what we need, to spend 400 million rs on a flag.”

Yeah . In this economic system that is what we’d like, to spend 400 million rs on a flag .

— Saad Akbar (@SAkhan516) July 12, 2023

One Aziz Angaar stated, “Cannot feed ordinary people but spending millions on the flag. What a nonsense.”

Cannot feed odd folks however spending tens of millions on flag. What a nonsense

— Aziz Angaar (@AzizJama555) July 12, 2023

Another person tweeted, “Pakistan is the real example of the family who takes loans from others but spends money on useless things.”

pakistan is the true instance of the household who takes loans from others however spends cash on ineffective issues.

— ._amir (@caffeinexher) July 12, 2023

Previously, Pakistan acquired USD 1 billion in reserves from the UAE on July 12, a day after Saudi Arabia deposited USD 2 billion within the nation’s central financial institution. 

Meanwhile, Saudi Arabia’s  Riyadh Airport Authority (RAA) has issued a last warning to Pakistan International Airlines for the non-payment of dues. The RAA delivered a letter to the PIA administration demanding cost of the six-month excellent quantity. The PIA has till 15 July to settle the 8.2 million Riyal stability that’s owed for the fees and different companies availed by the plane, based on the Saudi Arabian authorities.