Sunday, April 10, 2011

President Nasheed plays a fool!


Today what Mr President did is quite hilarious. Two weeks ago he said he would stop the sale of dollar going at a higher exchange rate in the black market. The controlled rate was (1 USD=RF12.75). However, today he announced an exchange rate (1 USD=RF 15.42) for the dollar much higher than the current black market rate (1 USD=RF 14)! Now what will happen to the police force who he has sent after the people who have been selling USD in the black market at a higher exchange rate of RF14? With the new announcement it seems their activities have now been legalised. So, what will happen to the police force? They held a recent press conference to say that now they will check who is selling dollar at a higher rate than the rate announced recently. Has the president played a sick joke on them? Come on. This is funny!

President Nasheed is unpredictable! His words and actions do not match to say the least. The best strategy to predict his next actions is to translate his words backwards. This is proving true again and again. Now let's translate his words in that pattern. We shall call our translator Zuhair for this name is an iconic name for translation in the history of the country.

President: I will bring down the exchange rate of dollar below RM10.
Zuhair: President meant he would change the exchange rate but it would never be below RM10.
President: I will have a lean government.
Zuhair: President meant he would have many political appointees than any other president in the history and it would be anything other than a lean government.
President: We won the last local government election. We got 60 per cent of the votes.
Zuhair: President meant we wished we would have won the last local government election. He further said we got 40 per cent of the votes.
and so forth....

What would the consequences for our economy now?
1. The shortage of dollar will still remain and the new exchange rate of dollar in the black market shall be around RF17-18 for 1 USD. This is because the actual problem has not been tackled. That is, divert all the incoming dollars into the country to the local banks instead of stockpiling with the few rich guys who happens to operate resorts.
2. Prices of goods in the market will go back.
3. The life condition of the people will go down.
4. More and more people will get fed up with the government.

Oh! Mr. President, you could have implemented our recommendations to solve the dollar problem rather than making a fool of yourself and humilating our police force. We think it is about time you sack your economic advisers and listen to someone who gives you sincere advice.

1 comments:

Anonymous said...

ޑޮލަރުގެ އަގު ބޮޑުކުރަން ޖެހުނީ ސަރުކާރަށް ޑޮލަރުގެ މައްސަލަ ހައްލު ކުރާނެ ގޮތެއް ނޭގިގެން. ފުލުހުން ނެރިގެންވެސް އެކަން ނުވީ. ބަލަ ވެރިކަން ކުރަން މިއުޅޭ ބީތާއިންނޭ. ރާއްޖެއަށް ވަންނަ ޑޮލަރުތައް ތިޖޫރިތަކަށް އަޅާ ފޮރުވާތަން ނުފެންނަނީތަ؟.

 
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