The world is watching. Ignoring the standards of governance in social, political and economic spheres entails costly consequences. Pakistan desperately needs both goodwill and material support from people, nations and institutions to slowly and steadily rebuild trust, which is essential not just for progress but also for the country’s sustainability. It needs to be more mindful. “The tolerance
The Sindh government has taken some steps in the right direction to empower local government bodies (LBs), but the proposed measures fall short of the fiscal, administrative and legislative autonomy the civic bodies need to manage their functions efficiently and independently. Things will become clearer once the Provincial Finance Commission (PFC) announces its award within 180 days from the da
Ever since venture capital (VC) started flowing into Pakistan, the local ecosystem has seen polarising debates on whether the companies being built are sustainable, given their generally questionable unit economics. From unbelievably high losses to calls for investigating lax corporate governance mechanisms, the space receives a high dose of flak, both fair and unfair, that may be disproportion
The shares market witnessed another bull session on Wednesday as investors continued to accumulate banking stocks ahead of the monetary policy announcement scheduled for next week. Topline Securities said the upswing after the signing of a $3 billion Stand-By Arrangement with the International Monetary Fund has added a total of 5,230 points or 12.6 per cent to the representative index of the Pa
IT seems that the rumours about Ishaq Dar being interim prime minister can be sourced back to Ishaq Dar himself. The other big parties to the decision have distanced themselves from the idea, including the PPP and the Leader of the Opposition. What is more instructive here is the light the episode casts on the perceived wrangling underway between the civilian leadership and some quarters, with