1971-06-28
By S. R. Ghauri
Page: 0
Rawalpindi, June 27. Mr. Mirza Muzaffar Ahmad, President Yahya Khan's economic adviser, said that Pakistan was able to do without British economic assistance. In an explanation of yesterday's Budget, he said that Britain's share of aid amounted to 7 per cent or about £10 millions. "We could do without these £10 millions or more," he added.
Mr. Ahmad had warned Pakistanis in his Budget speech that Pakistan might have to manage without it. The Budget was welcomed by Pakistani newspapers as independently-oriented, self-reliant, and austere. Mr. Ahmad has asked Pakistan to produce more, save more, and export more. At today's press conference, he again emphasized that Pakistan would not let foreign pressures influence her domestic political situation. Asked which countries had tried to influence decisions, he said that only Sir Alec Douglas-Home was on record as having said that British assistance was linked with a political settlement of East Pakistan's crisis.
A Pakistani correspondent said: "When British aid is so small why can't we tell them [Britain] to go to hell." Mr. Ahmad referred to "doing without the £10 millions" in his reply. Mr. Ahmad said that Pakistan was prepared to meet any situation which might develop as a result of foreign aid being suspended. "We have an alternative plan which will be revealed at an appropriate time." The Budget introduced measures to cut Government and private spending, reduce domestic consumption, increase exports, and conserve foreign exchange.