Apparently, there seems to be more self-assertion by provinces in the country’s public policies, as indicated by record high annual development plans, while linking the provincial budget surpluses for fiscal consolidation to actual and not projected federal fiscal transfers. The existing centralised framework of fiscal federalism has been put under some pressure. The PML-N-ruled Punjab governme
“I’ve been bowled over by the response from users to the launch of Google Wallet in Pakistan,” said Chen Way Siew, Partnership Lead for Financial Institutions, Networks & Transit at Google. It was one of the top 10 downloaded apps on the Play Store in the first two weeks of its launch, he added in an email response. Since its launch in March, Google Wallet has been downloaded 552,733 times in P
Documenting history is unfortunately not one of the strongest suits of Pakistan, at least beyond the same old themes of security and civil-military relations. The lesser-known stories of social change, driven by technology and innovative businesses, hardly ever make it out in written form even though they may provide us with far more room for optimism. Perhaps we are so used to self-deprecation th
In Pakistan, past experience shows, every attempt at significant economic and governance reforms, which can inherently disrupt the status quo or challenge vested interests, must attract some kind of instinctive, ritualistic resistance from various sources: businesses, judiciary, civil and military bureaucracy, politicians, and even the public. Consequently, inertia has overtaken the moribund econo
The laissez-faire economic principle implies that market forces of demand and supply coupled with the profit motive of commercial entities guide and determine economic activity, stimulate growth, spur innovation and reduce wastage of resources with a view to offering end consumers a wide array of choices available at competitive pricing. A fair competition is the natural outcome of finely tuned