New Delhi, Jan 21 (IANS) The current set of rulers in Pakistan has more autocratic powers than all set-ups after Gen Pervez Musharraf’s, but these only help it to survive; its ability to use them to usher progress is weak, as per a Pakistani media report.Painful IMF medicine was unleashed as well. It lowered inflation, but undercut growth. A recent national household survey shows that to recover from the cost of past inflation, strong growth is needed, which the IMF says may remain elusive even …
Latest Dawn newspaper News & Updates
New Delhi, Jan 1 (IANS) The neglect of Karachi, a city that handles 76 per cent of Pakistan’s trade, is being seen as a major factor in slowing the growth rate of Pakistan’s economy to a crawl of less than 3 per cent. According to an article in Pakistan’s Dawn newspaper, without addressing Karachi’s acute water shortage and other infrastructure issues, Pakistan cannot achieve its growth targets.The article authored by Mohammad Younus Dagha, a former Federal Secretary, states that Karachi…