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The most recent interest rates hike by the SBP signals worrying development underneath the exterior. Current dismal state of economy exposes Achilles’ heel of the incumbent government, which is still clueless whether to go to IMF for a financial bailout package of $9b or not. In fact, this financial bailout...

Use of offensive language

September 28, 2018

Brief walkout by the opposition over Fawad Chaudhry’s non-parliamentary remarks indicates the disease our parliamentarians have been suffering from for a long time now. Non-parliamentary language used by the Minister for Information and Broadcasting Fawad Chaudhry in the assembly resulted in a bad scene witnessed by all present there. Despite the fact that the minister...

Cordial debate on Budget

September 26, 2018

Leader of the Opposition Shahbaz Sharif criticized the government for “failing its supporters” by “displaying nepotism and turning back on its election promises” while rejected the mini budget and said that I did not expect that a genius like Asad Umar would slash the PSDP like this.” He also demanded to withdraw the increase in gas tariff...

Downward spiral

September 24, 2018

Pakistan have faced another humiliating defeat against India in a crucial match of Asia Cup. India have steamrolled Pakistan in the dust of Dubai on Sunday. They achieved target of 238 with the loss of just one wicket and with more than ten overs to spare. Prior to Asia Cup, cricket fans in the country were very optimistic that their national team will do better considering...

Budget review

September 20, 2018

The amendments in budget were an astringent pill that the government had to gulp down. It shows that even though the government has had to give the development budget a substantial cut, its choice to tax in slabs is cheering and futuristic. Cancelling PML-N’s tax relief to those who enjoy high earnings, for example, and increasing tax rate for the uppermost income slab...

Working in unison

September 19, 2018

It is a positive sign that the opposition parties get their concerns represented at the national. Shah Mahmud Qureshi’s support to the opposition’s demand for a parliamentary body to probe the rigging charges in general elections, Imran Khan’s nod to consult opposition on the refugees’ issues and a unanimous resolution to build Bhasha dam and Mohmand dam signals...

Revamping of energy sector

September 14, 2018

The whole energy sector from the administrative and functional point of view needs to be revamped; negligence and misconduct that led to crisis needs to be corrected; and projects and deals need to be transparently handled. In addition, thoughtless decision-making must be shunned. The influential lobbies should not be permitted to dictate key energy decisions. The impact...

A wise decision

September 11, 2018

ECC has ultimately deferred gas tariff to work out a mechanism for rearrangement of subsidy with the sanction of the PM. The issue came up for discussion at the ECC meeting. The meeting discussed the rationale behind 186 per cent increase proposed for the poorest domestic slab of 100 and 300 cubic meters per month and 30pc for all other consumer categories when such a...

Chinese Foreign Minister Wang Yi was here in Pakistan to make sure if the PTI government would carry on the policies regarding China Pakistan Economic Corridor. Beijing has been quite bitter about the drive against the BRI led by the US government and wanted to know how the new government in Pakistan looked at the CPEC, said to be a model project by China where it has...

It has regularly been said that business should not be the business of the government. It is hoped that given the large investments in the public sector, a new dynamic will be introduced by the PTI rulers to define the nexus between the government and the public sector, by which accountability to Parliament and the people is not diluted. And it should be carried out in...

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