PML-N’s sacrifice prevented Pakistan’s default, Nawaz Sharif says

Pakistan Muslim League-Nawaz (PML-N) supremo Nawaz Sharif Monday asserted that the Pakistan Democratic Movement (PDM) coalition government had prevented the country from defaulting, averting a situation where petrol could potentially have been priced at Rs1,000 per litre today. His comments came during a consultative meeting of his party via video link from London during which […]

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Pakistan’s Economic Turnaround Hinges on Political Insight

In a normal year, Pakistan’s economic  federal budget is typically presented by inflating income and deflating expenses to meet the predetermined fiscal deficit target. However, during election years, the government tends to inflate both income and (pro-people) expenditures to present a “pre-election” budget that focuses on being “pro-poor,” and providing “relief” to the citizens. In […]

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