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More homework needed

October 22, 2018

Replacement of liquefied natural gas (LNG) with furnace oil in power plants was expected to save more than $2 billion annually through more efficient power generation at 62% efficiency with a lower tariff of Rs7-8 per kilowatt-hour. But increase in global LNG prices and a hefty depreciation of the rupee has...

Chief Justice of Pakistan Main Saqib Nisar’s warning that Pakistan may run dry by 2025 if the present conditions continue and immediate measures are not taken to solve the problems that contribute to water scarcity echoed in an inaugural session of two-day International Symposium on the theme ‘Creating a Water-Secure Pakistan’ in the dignified presence of judges...

Whenever the Indian general elections draw nearer, the media in that country led by proponents of Hindutva suddenly starts criticizing Pakistan and its army. Fearing the possible victory of Indian National Congress and sane Indians’ displeasure over the excessive brutality against Indian minorities, Modi government finds itself caught in a dilemma. The whole world knows...

Anti-corruption drive

October 19, 2018

Political spirit of the government to combat corruption is okay but reliance on institutions to maintain good governance is the key to this enigma. Our political world is not all negativity. It seems to have some positive aspects as well. It was a good sign that Speaker Asad Qaiser agreeing to the opposition’s demand convened a special sitting of the house and ordered...

Fearful of the speedy economic development of China and its increasing influence in the world the US has on the one hand imposed a trade war on Beijing and on the other it has started a red mark campaign against BRI and its focal point the CPEC. However, understanding the seriousness of the financial crisis Pakistan is presently facing China has approved its choice to...

The opposition coalition has got more seats in already delicately balanced National Assembly, thus weakening the ruling party’s edge. The PML-N has not only managed to improve its position in the National Assembly by wrapping up more NA seats; similarly, the results are more or less similar on the provincial assemblies’ seats where some of the otherwise confirmed seats...

After very exciting first Test in Dubai Pakistan and Australia are all set to lock horns today in the second Test match in Abu Dhabi. Superb comeback in the second innings by Australia denied Pakistan a likely victory and drew the memorable match. Arguably, this is the weakest Australian squad in recent years that is playing Pakistan’s home series. Because regular Australian...

Earlier, media reports had indicated that Pakistan was reportedly seeking $8 billion loan package, the largest ever, from the IMF to cope with its balance of payment crisis, falling foreign exchange reserves and prop up its struggling currency. The latest media report says that Pakistan is seeking a bailout of $15 billion from the International Monetary Fund (IMF), nearly...

Terming as dead capital the land used for government residences and other state buildings, Imran Khan’s suggestion to generate income from them instead of resorting to foreign aid is a good idea.  It is heartening to know that the government is planning for the future. The first and foremost step should be to retrieve any land of the government occupied by anyone who...

After gaining knowledge of the disastrous economic consequences of Chinese development projects in a number of South Asian Countries, the PTI government is desirous of making another study of all Belt and Road Initiative (BRI) contracts. There are increasing concerns that the PML-N government poorly handled the deals as they are too costly and exceedingly favor China....

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