Author Archives: gids gids

By Shahid Kardar Published in Dawn on May 25, 2023 GOVERNMENT finances are stretched to breaking point with no serious effort to rein in expenditures of an entrenched ‘entitlement culture’ whose cost is much more than what the country can afford. The political leadership and state functionaries treat public money as their own, spending billions with little […]

By Salman Siddiqui Published in The Express Tribune on May 23, 2023 KARACHI: The Pakistani currency experienced a sharp decline, dropping 1.31% or Rs4 in a single day, reaching a new all-time low at Rs305 against the US dollar on Monday. This downward trend has persisted over the past four working days, with the currency plummeting approximately[…]

By Usman Hanif Published in The Express Tribune on May 20, 2023 KARACHI: The State Bank of Pakistan (SBP) has raised concerns over Pakistan’s information technology (IT) sector, revealing that a mere 10 % of IT graduates possess the necessary skills to secure employment in the industry. The SBP’s half-year report on the country’s economic condition highlights[…]