Stories about Asif Ali Zardari

Imran Khan’s 8-month conundrum: Taking the right decision or the popular one?

Ever since Imran Khan has been sworn in as the prime minister of Pakistan, somehow his administration has never failed to supply flabbergasting news every now and then. His right-hand man on the economy and star finance minister, Asad Umar, has stepped down, followed by a major reshuffle in the cabinet in which various cabinet members saw their portfolios changed. For instance, Fawad Chaudhry is now the Minister for Science and Technology, despite brushing off such rumours just a few days ago. This may smell of chaos inside the administration, but I seriously doubt it. I actually welcome the move because ...

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With Asad Umar gone, who will Imran Khan blame for his government’s failure?

The Pakistan Tehreek-e-Insaf (PTI) government has, after much criticism, finally shuffled its cabinet. Many federal ministers, such as Ghulam Sarwar, Fawad Chaudhry and Shehryar Afridi, have been given different portfolios, while Finance Minister Asad Umar refused to accept a cabinet position and has thus stepped down from office. Though Umar’s removal did not come as a surprise – his performance was heavily criticised and his departure was expected – it is the timing that is questionable. Pakistan’s economy is in shambles, relying heavily on the bailout from the International Monetary Fund (IMF), which Umar had been negotiating for the ...

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Why did our political talk shows turn into a nightly circus?

As the sun sets in the evening, news anchors start to gather their crops for the circus to begin. Different channels, different names, different logos but the same concept: four boxes occupying the corners of the screen with unprofessional individuals locked inside them, alongside an anchor who holds the whip to control their interactions.  This is the prime time to learn about the ethics, morals and values (or lack thereof) Pakistani society portrays each day during the peak hours of screen time. Broadcast media loves to be the moral police of society in Pakistan, but what it does during peak ...

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The ghosts of Imran Khan’s past: When PTI criticised PML-N for petroleum price hikes

The rising inflation, the dwindling foreign reserves and the growing current account deficit have all practically halted the progress of the country’s economy for the last seven to eight months. The Pakistan Tehreek-e-Insaf (PTI) government still seems clueless about how to put the economy on the right track again, and in order to collect more revenue to generate resources for its expenses, it has now increased the prices of petroleum products. After a price hike of Rs6, petrol now stands at Rs98.89 per litre. At a time when the masses are finding it almost impossible to manage necessary expenses ...

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Why the time to invest in Pakistan is now

Being a capital market participant, I have seen quite a few ups and downs during the past decade. I have experience of evaluating a large number of companies listed at the Pakistan Stock Exchange (PSX). I believe, at this point in time, most of the listed companies are trading well below their fair price, thus, offering good return potential and strong dividend yield. Historically speaking, every time our stock market experienced a downturn, it bounced back with more power. Even though the downturns are often abrupt, recovery usually takes a while. Nonetheless, once our stock market comes out of crisis, ...

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What did Pakistan achieve by boycotting the OIC?

The Organisation of Islamic Cooperation (OIC) held its 46th session of the Council of Foreign Ministers (CFM), in which it criticised India’s role in the Kashmir crisis. Making references to “intensified Indian barbarities” in Indian-occupied Kashmir (IoK), persistent violation of Pakistani airspace and illegal detentions in the state of IoK, the OIC’s resolution was met with a sharp response from the Indian spokesperson, who stated that the issue remains internal to India. Despite inviting Sushma Swaraj as the guest of honour to the summit, the resolution leaned more in favour of Pakistan by praising Imran Khan’s decision to return Indian Air ...

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Give PTI six months, they said – now we have Rs2.42 trillion added to our debt

A historic problem in Pakistan, one it has been facing for quite some time now, is the debt trap. Each successive government in Pakistan keeps borrowing for temporary fixes, which only helps in the short-term but has made us worse off in the long-run. However, even before it was elected to power, the incumbent government consistently maintained it would get Pakistan out of this trap once and for all (but only they knew how). Thus far, not only has the government been entirely unsuccessful in getting us out of this mess and bridging the gap between expenditures and revenue, it ...

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Sindh PAC: PPP’s mute watchdog?

In the Sherlock Holmes short story, The Adventure of Silver Blaze, a race horse named Silver Blaze disappears and its trainer is killed. Holmes figures out that it had to be an inside job since the dog didn’t bark, which it is supposed to if there was a stranger involved. The same seems to be true for the watchdog in Sindh called the Public Accounts Committee (PAC). Over the last nine years, the auditor-general of Pakistan has unearthed irregularities of Rs957 billion in the Sindh government’s accounts. Meanwhile, the provincial PAC has not barked once in a decade. Not a single ...

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Does judicial bias really favour women who cover themselves?

The tendency to judge others is a widely prevalent phenomenon in humans. Unfortunately, judicial bias may have significant consequences for the alleged perpetrator, especially in sexual assault cases. After all, neutrality and impartiality are of utmost importance in such cases in order to ensure a fair trial. The Supreme Court of Pakistan defined bias in Asif Ali Zardari’s case, reported as Pakistan Legal Decisions (PLD) 2001 SC 568, as: “‘Bias’ has been held synonymous with ‘partiality’, and strictly to be distinguished from ‘prejudice’. Under particular circumstances, the word has been described as a condition of mind, and has been held to ...

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Why giving G-B a provincial status is as laudable as it is controversial

Last year, when the federal government eventually decided to change the decades-old status quo in the tribal areas by merging the Federally Administered Tribal Areas (FATA) with Khyber Pakhtunkhwa (K-P), it was hailed as a watershed moment with the sole purpose of altering the economical and political situation of the neglected region for the better. Soon after this momentous decision, the people of Gilgit Baltistan (G-B), sensing how they had been neglected since the inception of the country, also began demanding similar treatment for their own region. Pressure began to mount on the government to change the existing state of affairs in ...

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