Can Shehbaz Sharif stabilize a faltering economy? Can Imran Khan make a comeback?

The numbers are coming in and they don’t look pretty. Last Thursday the new government of Prime Minister Shehbaz Sharif was informed where the prices of essential fuels – petrol, diesel, kerosene – will rise to if the price caps announced by the former Prime Minister were to be removed in one go (see table). The next day the official twitter account of PML(N) that deals with economic matters announced that the fuel price caps are here to stay for the time being.

Minutes later finance minister designate, Miftah Ismael, tweeted that he has just had a meeting with the World Bank Country Director and the IMF’s Resident Representative in Islamabad, describing the meeting as a “courtesy call” that they made on him.

 

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Khurram Husain
The author is Editor at Profit and can be reached at [email protected]

6 COMMENTS

  1. Each of us wants to be a boss, but the nature of business is loaded with risks and failures. Every step is not without success and failure. It depends on us how we manage and look forward. But it doesn’t mean that you cannot be a businessman. Don’t stop yourself from at least trying it. Your biggest fear is that the first step you will take, after that you’ll get that confidence to deal with things. Take that one step and break your fear. Your business can have a physical appearance, or it can be an online business.

  2. Economic stability entails focused, competent and sincere leadership. No more rhetoric from cult leader or dynasty politics but purely genuine efforts are needed to extricate our country from this economic mess.

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