Posts

Exodus economy

Despite escalating hostilities across the Gulf region, more than 300,000 Pakistanis sought employment in Middle Eastern countries during the first five months of 2026 alone. Saudi Arabia absorbed over 143,000 workers, even as reports emerged of Iranian strikes targeting American facilities on its territory. Thousands more continued to queue outside the Dubai consulate in Karachi. For many, the danger was simply less frightening than the economic reality at home. On the other hand, the state takes comfort in these numbers. Remittances reached a record $4.2 billion in May, and total inflows for FY26 are expected to exceed $40 billion. These figures are routinely celebrated as signs of economic resilience. Yet behind them are millions of workers who only left because they had few alternatives. Their families live with constant uncertainty, their children spend months or years separated from them, and their safety in foreign lands can never be taken for granted. For decades, Pakista...

Govt decides to end fuel subsidies after sharp decline in global oil prices

Owing to a sharp decline in global fuel prices, the government on Monday decided to discontinue fuel subsidies provided to motorcyclists, small farmers and public transport. The development comes after recent reductions in petroleum prices, under which petrol was cut by Rs74 per litre and diesel by Rs67 per litre, bringing them down to Rs299 per litre and Rs311 per litre respectively, following a decline in the international market after the US and Iran reached an agreement to end a conflict that had lasted over three months. The decision was taken during the seventh meeting of the National Steering Committee on Fuel Subsidy, chaired by Deputy Prime Minister and Foreign Minister Ishaq Dar. Deputy Prime Minister & Foreign Minister Senator Mohammad Ishaq Dar @MIshaqDar50 chaired the 7th meeting of the National Steering Committee on Fuel Subsidy. The Committee reviewed the rollout of fuel subsidy for motorcyclists, small farmers, public transport & goods transport in...

Stitching the World Cup football

From Shakira's timeless dancing to Messi's mesmerising dribbling to Ronaldo's mercurial habit of goal-scoring – all the world's eyes in June and July will be fixed on the 'football' – the ones made in Sialkot, Pakistan! Yes, the official ball of the 2026 World Cup, named "Trionda", designed by Adidas, is manufactured by a company named Forward Sports of Sialkot. And yes, the biggest ever global sporting event is projected to attract an eye-popping 60 million on the ground and a staggering over 5 billion global TV and digital viewers. It's hard for Pakistanis to get their heads around the fact that the world's most technologically advanced match ball ever made – featuring cutting-edge AI-powered chip, enabling real-time match data to support umpiring decisions – is stitched by Pakistani craftsmen and in one of our own cities with broken streets and crumbling roads. Sialkot, often hailed as the global capital for fo...

Is the economy lagging behind?

A great power rests on three pillars: military, diplomacy and economy. Pakistan has achieved many milestones on the military and diplomatic fronts. Two recent events further reinforced our strength. First, the decisive victory in Operation Bunyan Marsoos strengthened Pakistan's credentials as a formidable military power. It elevated Pakistan's global profile. Countries began to show keen interest in establishing military linkages with Pakistan. Our military leadership was invited around the world to share our experiences and expertise. It also opened the door to the sale of military equipment, weapons and fighter jets. The Saudi Arabia-Pakistan defence pact is also derived from this victory. Many countries have shown interest in strengthening security and military cooperation with Pakistan. Simultaneously, Pakistan was blessed with another major trump: mediation between Iran and the US. Pakistan brokered a ceasefire at a time when the world was counting down to the outbr...

Is IMF's cure worse than the disease?

The International Monetary Fund (IMF), being the lender of last resort for countries in balance-of-payments crisis or in danger of default, almost always ties its bailouts to excessive austerity measures. Its loans are tied, to use IMF jargon, to "structural adjustment programmes" and "conditionality". These programmes centre on raising taxes and/or spurring tax rate reductions, balancing the budget at all costs, devaluing the currency and increasing interest rates. Such anti-growth policies, delivered in line with IMF diktat, have been shown in the majority of cases to have actually increased the country's dependence on the IMF over time. Just think of what has happened in Argentina, Pakistan, Ecuador, Egypt or Ghana. Since 1980, the conditionality-induced structural adjustment programmes (SAPs) have become a major part of the standard crisis-management and post-crisis economic reform toolkit. According to the IMF, these reforms aim at restoring or mainta...

Body cameras in hospitals face scrutiny

The Punjab government’s body camera initiative in public hospitals, aimed at improving healthcare services, strengthening staff accountability, and ensuring faster complaint resolution, is being projected as a major reform in the province’s health system. However, months after its launch, the project continues to face scrutiny over its cost, contract details, data security measures, and protection of patient privacy, while full-scale implementation remains incomplete. On the instructions of Punjab Chief Minister Maryam Nawaz, the government decided this year to introduce body-worn cameras in public hospitals. The pilot phase began in Lahore’s major teaching hospitals, including Mayo Hospital, Services Hospital, Jinnah Hospital, Lahore General Hospital, Sir Ganga Ram Hospital, and Children's Hospital Lahore. Initially, pharmacists, security personnel, storekeepers, and some paramedical staff were provided with cameras, with plans to expand the program to other...

PPP, PML-N come to agreement on forming G-B govt together

The Pakistan Peoples Party announced on Saturday that it and the Pakistan Muslim League-Nawaz had come to an agreement on forming the next government in Gilgit-Baltistan together.  In a post on X, the PPP said: "Following detailed consultations, mutual trust and consensus between the local leadership and organisations of the PPP and PML-N in Gilgit-Baltistan, a decision has been made to form a government under political collaboration. Both parties have expressed their resolve to move forward together, prioritising political stability, public welfare and well-being, and the promotion of democratic values." گلگت بلتستان میں پاکستان پیپلز پارٹی اور مسلم لیگ (ن) کی مقامی قیادت اور تنظیموں کے درمیان تفصیلی مشاورت، باہمی اعتماد اور اتفاقِ رائے کے بعد سیاسی اشتراک کے تحت حکومت کے قیام کا فیصلہ کیا گیا ہے، دونوں جماعتوں نے سیاسی استحکام، عوامی فلاح و بہبود اور جمہوری اقدار کے فروغ کو… pic.twitter.com/w9JRfdCk62 — Pakistan Peoples Party - PPP (@PPP_...