(By Farrukh Iqbal) India’s economic upsurge over the past quarter-century or so has been increasingly noted in books and articles and slogans that have gerunds like arriving, emerging, rising, and shining in their titles. With a series of reforms in the 1980s and 1990s, India embarked on a path characterized by rising levels of private . . . → Read More: Analysis of incomes in India and Pakistan
How within a five-year period did we get from “the state shall provide free and compulsory education to all children of the age of five to sixteen years in such manner as may be determined by law” (Article 25A introduced by the 18th Amendment), to the state forcing private individuals and entities to curtail profits . . . → Read More: Pak Govt’s misadventure in to education system
The federal budget for the fiscal year 2015-16 overwhelmingly exuded the universal prescription that the IMF usually sells to all its captive debtor countries as a panacea, no matter what their particular economic ills. If anything, one could detect heavy bureaucratic brushes, both of the IMF’s as well as that of our finance . . . → Read More: Predictable budget shows government still held captive by the IMF
Brimming with excitement bordering on the histrionics that one normally associates with political rallies, trusted Mian Nawaz Sharif kinsman, Federal Finance Minister Ishaq Dar, presented what he insists is a “poor-friendly” Federal budget in the National Assembly (NA) on June 5. Detractors do not share the palpable enthusiasm of our “man for all seasons”, they . . . → Read More: Pakistan National Budget 2015: Reality and claims
(By Kazim Alam / Creative: Essa Malik) The CEO of United Bank is the highest-paid banker in Pakistan, as his annual remuneration clocked up at a whopping Rs246.5 million in 2014.
The UBL CEO’s annual remuneration package roughly translates into a compensation of over Rs20 million per month. Wajahat Husain took over as UBL . . . → Read More: The richest bankers in Pakistan
Addressing a news conference on government’s one-year performance on 6th August, 2014, Finance Minister was highly selective in dishing out figures to show that the economy has made a steady progress during the tenure of the present dispensation. According to him, privatisation process was moving forward in a transparent manner and tax and power sector . . . → Read More: How long will Ishaq Dar lie to the nation
(By Khaleeq Kiani) ISLAMABAD: The government is expected to increase by 60 per cent the subsidy provided to the power sector in July to ensure minimum loadshedding during Sehr, Iftar and Taraveeh times.
The Ministry of Water and Power said on Sunday the government would provide an additional Rs14 billion to power companies during Ramazan . . . → Read More: Power sector to get major increase in subsidy for Ramadhan
PESHAWAR – The Khyber Pakhtunkhwa government has formally launched online system in the province to control prices of essential commodities during the holy month of Ramzan-ul-Mubarak.
This is part of Khyber Pakhtunkhwa government special reforms initiative. This was revealed at a high-level meeting chaired by Additional Chief Secretary Khalid Pervez on the special directives of . . . → Read More: KP’s new online price control system