730 বাংলাদেশের স্বাধীনতা যুদ্ধ দলিলপত্রঃ ষষ্ঠ খণ্ড শিরোনাম সংবাদপত্র তারিখ News on Bangladesh 1 October, 1971 Pakistan Situation Vol. 1: No. 5 PAKISTAN GOES BANKRUPT The economic impact of the first three months of the crisis (April–June) in Bangladesh has been brought out in the Annual Report of the State Bank of Pakistan for 1970-71. It is indicative of the very heavy cost of the West Pakistan military adventure in Bangladesh. The State Bank Governor said in his remarks, "we are stuck with an inefficient, capital intensive, import-dependent industrial complex, catering to domestic demands mostly on inessential nature." The salient features of the Annual Report of the State Bank of Pakistan are given below: Gross National Product Declined from 66 percent in 1969 to 1.4 percent 1970-71. Agricultural production dropped by 3.2% as against rise of 8.2% in 1969-70. Fall in production of major crops Wheat by 9.3%, rice by 9.1%, Jute by 12.7%. Industrial Production Increased by 2.4% compared to 11.2% during the previous year. Deficit in government financial transactions amounted to $229 million against $130 million last year. Balance of Payment Overall deficit of $114 million as compared with overall deficit of $39 million in the previous year. During the period July–September the economic situation in Pakistan has obviously worsened still further. Will you still send your money to finance Yahya Khan's militarism in Bangladesh. MASS TRANSFER OF WEST PAKISTANI DIPLOMATS All West Pakistani diplomats including the Ambassador, Military Intelligence Officer and their Confidential Assistants have been transferred from the Embassy in Washington to Rawalpindi. The mass transfer is due to their failure to report in advance to Islamabad the declaration of allegiance to Bangladesh by 18 Bengali diplomats and officials in U. S. The West Pakistani Ambassador was due to retire from the Embassy on October 31 but has been recalled. A retired General, formerly Pakistan's Ambassador in Peking has he en appointed West Pakistani Ambassador in Washington.
