Chak Bamu
RETIRED MOD
- Joined
- Jan 3, 2013
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- 5,361
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Logic & PTI do not mix.How is it that the previous PML-N Government managed to approve and build two LNG Terminals in just two years (2015 and 2017), while the incompetent PTI Government cannot even build one in three years?
Sponsors protest hurdles in setting up LNG terminals
Complain to PM over bureaucratic wrangling despite approval by cabinet, Ogra.www.dawn.com
Aside from the above, I find it remarkable how many people actually do not get the sarcasm of OP. A number of things he writes in subsequent posts are popular fiction peddled by PTI folks, such as claim that notes printed in 2017 caused inflation in 2020. This is nonsense. Inflation lags six months behind note printing, per most economists.
The real issue is that economic theory says that it is best to have an independent state bank. There is a good bit of evidence to support this view. However, particular steps for making state bank independent are not so easily established. Its not as though one drops a legislative bomb & BOOM everything falls in place. In a lethargic & inept administration such as the current one, interest groups have consistently played games to enrich themselves at the cost of the people. Such a thing happened last year too with State Bank. So, making State Bank independent is not an easy matter. A govt needs to have a strong grip to make the effective policy so that State Bank does become independent.