The statistics released by the State Bank of Pakistan show in the period of July to August of the fiscal…
IMF
Prime Minister and others never bothered to get alternative views. The nation has paid a heavy price for these misconstrued policies. People who landed from the helicopter had little or no idea about the statistics of Pakistan. They have never studied Pakistan’s economy. They brought the knowledge of the western economies and their policies and brutally implemented the same in developing countries like Pakistan.
To ascertain reasons for experiencing imbalances on the economic front, whenever the economy started achieving higher growth it remained unsustainable mainly because it never fueled with raising the required investment and savings.
A constitutional battle fast degenerating into a fierce war of words between two financial institutions of the country on whether the Auditor General Pakistan’s (AGP), responsible for the audit of the federal government, can be audited itself by the former as sought by the Finance Division through a move enjoying the backing of the President and the federal government.
