PKR is vacillating around RS 143 per US for some time. In Sept 2018 it was Rs 121/- . Hence within a month it has depreciated by 14%. This has started a discussion in the media and notable circles that what are the actual reasons of this depreciation. Some circles...
After 8 months in power, and lashing on PML N and PPP making them responsible for every issue in Pakistan, PTI is now switching towards another debate and that is to install Imran Khan as President of Pakistan or in another case to bring some other person suitable for...
By incident on approach to Askari Bank Malir Cantt, I came to know that non-filers are not allowed to open foreign currency accounts. It is agreed that efforts are required to clean up untaxed money from the banking system but this was not the right way as it would hurt...
Immediate economic problem of the PTI government are highly bulged twin deficits i.e. current and fiscal deficits. In fact both are two faces of the same coin. For this PTI government is now approaching IMF after lot of U Turns.   In simple words look for budget 2018-19. Half of it...
General Aslam Baig former COAS of Pakistan in his article “Caliphate is Gone, but ISIS is Not” published in Newyork Times on 28th March 2019 has well defined that “The ISIS phenomenon is not new Such a phenomenon first occurred in 37 AH, by the name of Kharjis, who...
The past few days have seen SBP raise policy rate by 50bp 1.e 10.75% and March inflation coming in at 9.4%. But SBPs tone looks worried pointing out elevated levels of inflation, high current account and fiscal deficit and higher M2 growth. Given the present scenario interest rates may...
One is from FATF a global task force that has already asked Islamabad to comply with 40 recommendations made by the Force in January 2019. Now another force i.e. APG an inter-governmental organization modeled on the lines of the Financial Action Task Force (FATF), is asking in curbing money...
For giving a look over current state of Pakistan economy and role of digitalization in its growth a conference was held at Marriot Hotel Karachi on 27th March 2019. President Karachi Chamber of Commerce & Industry Junaid Esmail Makda, Advisor Banking & Insurance Subcommittee Ateeq-ur-Rehman, CEO the Professionals Network...
Now a days if you we watch social, electroninc and print media of India and Pakistan than everybody is looking conquering other. On both sides the sanity looks missing and the writers or anchors who blame other on both sides of the border with low graded words and arguments...
After border tensions of India and Pakistan in Feb 2019, situation in Pakistan is taking turn where government is handling the situation on highly positive manner. On using words against minorities in Pakistan Punjab Information Minister has been sent home. Another case against Faisal vawda is in process and...
Two countries with majority of their population below poverty are standing in front of each other in the beginning of 2019. This suits their politics as to divert attention of their people from their issues it is the best artistic way. However its darker side is that tension between nuclear-armed...
Mohammad bin Salman, Crown Prince of Saudi Arabia has initiated his Asian tour aimed at rehabilitating his image five months after the killing of Jamal Khashoggi. This is also an extension of Arab Spring started in 2011 from Tunisia. Since US and west are keeping distance from these events...
In a series of events, recently two messages have been conveyed to the people living in Nayya Pakistan. Sui Southern Gas Company (SSGP) and Sui Northern Gas Pipelines (SNGP) have increased gas prices by 186 per cent for the poorest categories of commercial and domestic users whereas rates for other...
Faiz Ahmad Faiz was born on 13th February 1911. He was a Pakistani leftist poet and author, and one of the most celebrated writers of the Urdu language. Among other accolades, Faiz was nominated for Nobel Prize in Literature and won the Lenin Peace Prize. Born in Punjab, British India, Faiz went on to study at Government College and College. He went on to...
Poor people of Pakistan are highly confused at this moment. Both camps as their ruler are engulfed in targeting each other without speaking or showing ways for their relief. In this scenario Prime Minister Imran Khan has indicated some chance of arrival of a dawn in 2019 to resolve issues...
The last two days of January 2019 have been proved to be the indicative for the coming days. SBP has announced its IST quarterly review for FY 2019. The SBP says that the rising global crude prices in the first quarter of the fiscal year (July to September 2018)...
Finance Minister Assad Umar has delivered his second budget speech on 23rd January 2019 in the National Assembly Withdrawing critical taxes on capital market and ban on purchase of vehicles by non-filers of income tax returns and facilitating industry, agriculture and small and medium enterprises (SMEs). It is the second...
Muhammad Arif : Month of January in Pakistan is always remembered for two persons who were born in January. They are Zulfiqar Ali Bhutto and Abdul Sattar Edhi. I have the opportunity to work with Bhutto and to see Edhi with a Bicycle on I I Chudrigarh Road asking...
 As always happened in Pakistan the politics of clash and compromise is still on creating chaos. It has tarnished the perception about democracy and off and on debate starts that whether Pakistan can be governed through presidential or parliamentary form of government. It is always said that in politics you...
Campaign against corruption is looking like the main issue in 2019 like 2nd half of 2018. But still this campaign has not given any result in real terms. To some people it may be soothing for them that some leaders are under trial or have been sent to the...