Editorial

JUI baton laden rally

As show of agitation muscle JUI (F) volunteers wearing a sort of private militia uniform took out baton laden rally on the Ring Road in Peshawar on Sunday. It was a deliberate attempt of the party leadership to reveal that this party has the means and manpower strength to challenge the writ of the state.…

Read More

World Bank report

The World Bank Report on the performance of South Asian economies titled: “South Asia Focus 2019 fall” predicts that inflation rate in Pakistan will shoot up to 13 percent, fiscal deficit will widen and public debt will mount further during the next two years. It depicts different picture when compared with the quarterly economic reviews…

Read More

Oil and gas exploration in KP

Khyber Pukhtunkhwa Chief Minister Mahmood Khan has approved in principle an investment programme in oil and gas exploration projects. He has directed the energy department to move formal summary for its inclusion in the annual development programme. The provincial government intends to lease out 12 blocks in the tribal districts and 19 in the settled…

Read More

Arm twisting again

In a twitter message Ms Alice Wells, assistant Secretary of the US State Department Bureau for South Asia and Central Asian affairs, appreciated Pakistan’s recent measures for militancy control but once again urged for doing more to stop militants from operating within its borders. She expressed partial satisfaction over the arrest of four leaders of…

Read More

Quarterly economic review

Highlighting the salient features of quarterly economic review, Advisor to the Prime Minister on Finance Dr.Abdual Hafeez Sheikh cited improvements in all macroeconomic indicators. He said that deficit in current account has decreased by 35 percent, fiscal deficit has gone down by 36 percent, tax revenue is up by 16 percent and exchange rate stability…

Read More

Conciliatory gesture

Prime Minister Imran Khan has waved an olive branch to JUI (F) Central Amir Maulana Fazalur Rehman by saying that option of talks with him on resolving political issues will remain open. Although it is belated offer of holding unconditional talks but needs to be reciprocated who it to carry forward the journey towards the…

Read More

Tsai’s speech malign, ridiculous

In a speech on Thursday, Taiwan regional leader Tsai Ing-wen hyped the mainland’s “diplomatic offensives and military coercion” and said the mainland is “threatening to impose” the “one country, two systems” principle on Taiwan. She recounted the “serious challenges” Taiwan had faced over the past 70 years, saying that “we wipe away our tears and…

Read More

Upgrading railway infrastructure

At last the Ministry of Planning has cleared the PC-1 of 1872 kilometer long Karachi-Peshawar railway track dualisation and refurbishment ML-1 project, which will then come up for final approval of the Executive Committee of National Economic Council. The total estimated cost of the project is $8.2 billion which will be financed under CPEC framework.…

Read More

Dragging foreign diplomats into politics?

JUI (F) Central Amir Maulama Fazalur Rehman met with the Ambassador of Saudi Arabia Nawf bin Said Al-Maliki on Thursday. Speculation are being made about this meeting as to whether it was held on the request of Maulana Fazallur Rehman or the Saudi envoy was instructed by his government to initiate a reconciliation process between…

Read More

Why China hasn’t suffered an economic crisis in several decades?

In the eyes of some Western observers, the Lunar New Year figures indicate a plunge in the Chinese economy, as factories have suspended operations and shops closed during the seven-day National Holiday. Some doomsayers even call such scenarios the “Chinese economic crisis”. But the reality is that the Chinese people are celebrating the Lunar New…

Read More