It is a honorary title and nothing more. But I am disappointed because he used the same SECP chairman that was hiding Nawaz's company details to keep his case away from NAB.
You are grossly mistaken on this front. Firstly JS Group is not an industrial group it is a financial services group. The...
Better stick to your own homework. There were no WMDs in Iraq that is a fact acknowledged by the US government. The issue is not that it had chemical weapons which they had used against the Iranians and the Kurds. This was always known. The issue is the supposed non-compliance and the claim that...
maybe read what is written "....For one, in five of the six cases in which troops were wounded by chemical agents, " the munitions appeared to have been designed in the United States, manufactured in Europe and filled in chemical agent production lines built in Iraq by Western companies," the...
The scam is not the creditworthiness but taking these Eurobonds on when the interest rate to be floated on was so high. This was at a time when the so called inflation was at "an all time low" and the growth rate was "high" and Ishaq Dar was "the best finance minister" in the world according to...
No first of all those are not new or dubious in anyway. These instruments are old and have got nothing to do with the government. You will find such instruments on the stock market. Sovereign loans may or may not be collateralized depending on the country's financial condition. Our highways are...
No both the ceiling limit and the SPVs to mask debt are general knowledge when the SBP head is your pet dog then he will do what his master wanted and he did. The CJP took notices of all the bad deals and declared them non-viable. The government did nothing. Because when the mess is created they...
I don't care about the reflection Mr. RTX. Pakistani jets have carried flag marking for its kills. I don't see why they have to add drones or jets. Why are we debating this when it has already been said that this is a PS from the same guy who added the MKI logo
By far the best input on anything economics on the forum. The issue is not that we don't know what needs to be done. It is fighting the elements that are resistant to change.
tax on imports is not a source of income it is rather a tool for discouraging imports. This is not the way for anyone to raise taxes. The imports are financed not through exports and remittances but through foreign loans. Which we can only finance through more foreign loans (we dont print USDs)...
There is another issue of the circular debt SNGPL failed to provide gas for electricity and thus it was not produced. The arrears goes both ways. We need to net this stuff out and have a real figure in front of us.
This is incorrect...all the pressure that caused reversals were due to lobbying. Asad Umar was right on track except he had no power. We are far more indebted to be able to make our own demands and choose our conditions. Asad Umar tried his best and was stubborn, hence the IMF team was not ready...