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Pakistan's political system is flawed and as a result all the resultant actions and implementations are erroneous. Where is reason in the system, where is the thought process. Pakistan will continue this way as its educational system is also flawed. Just imagine the allegations that are made against the opponents. I had always been brought up to accept the opponents. For after all today's opponents may well be tomorrow's power bloc. I had seen that in former East Pakistan where there was a considerable respect amongst the politicians for each other. I had interacted with some of the leaders on a one to one basis. In fact, when my official tenure was over and I was to proceed to Lahore the Shadow CM asked me to have farewell from him. This I declined at which he stated that the people of Shivrampur thana (equivalent to a tehsil here) wanted to give me a farewell as I had built a college and a school there. To this I agreed provided the farewell was represented by a broad section of the inhabitants of the thana area.

The strapping 23-year-old Rohingya Muslim was matter of fact as he described being forced onto a boat in Myanmar for a tortuous two-month-long journey, beaten and kicked by traffickers as he watched scores die of starvation and thirst along the way. He said he was abandoned in May in a jungle camp in Thailand's deep south near the Malaysian border, discovered and rescued a few hours later by Thai police and taken to a shelter tucked away amid tropical vegetation and rubber plantations.
The movers and shakers of the world economy are trying to close in on the magic number of $100 billion a year to fight climate change as they meet this week in Peru. But with the world well shy of that target, everyone seems to think the rest of the money should come from somewhere else. The global talks on fighting climate change have stumbled over the issue of getting money to the countries that are most vulnerable to global warming and often least responsible for causing it.
"Ayaz Sadiq feels he is going to win and by a landslide."
The federal government unlawfully and exorbitantlyenhanced rates of sales tax on different petroleum products with effect from October 1, 2015 through statutory regulatory order (SRO)-693(I)/2015 dated September 30, 2015-issued under section 3(2)(b) of the Sales Tax Act, 1990. This was in utter violation of Constitution of Pakistan that is Article 77 read with Article 162. Unfortunately, the Parliament and the Supreme Court havenot taken note of this flagrant violation of the supreme law of the land. It alsoexposes oft-repeated claims of the government that power to levy taxes or grant exemptions through SROs is no more available to the executive branch of State.
Dr Hafeez A Pasha has written an article: "Misperceptions of IMF" published in Business Recorder October 5th 2015. It stated that the executive board of the IMF must be thanked once again for its very sympathetic eight quarterly reviews of Pakistan, as part of the Extended Fund Facility. Two more waivers have been given against the violation of key quantitative performance criteria. Cumulatively, twelve waivers have been granted. Never before in previous programs has the Fund shown such understanding and support for Pakistan. However, the press note released after the board meeting reveals a number of misperceptions about Pakistan. The first is the statement that economic activity is picking up pace and vulnerabilities are gradually receding. Unfortunately there is not much evidence of economic activity showing revival the writer stated.
As Volkswagen AG prepares to explain how it might fix the polluting diesel cars that set off the biggest scandal in the German automaker's history, whatever solution it proposes could be undermined by some owners in the United States who won't bring their cars in for a recall and can't be forced to. The cars, some 482,000 Passats, Golfs and Jettas sold in model years 2009 to 2015 in the United States, are peppy and fun to drive, owners say. Because fixing the cars is likely to result in lower performance and fuel economy, some drivers will decline, even though their cars would continue to spew 40 times the smog-producing emissions permitted by some states. If they do, there are few enforcement levers in place.


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Banking Review 2014

Foreign Debt $62.649bn
Per Cap Income $1,512
GDP Growth 4.24%
Average CPI 8.6%
Trade Balance $-1.988 bln
Exports $1.835 bln
Imports $3.823 bln
WeeklyOctober 08, 2015
Reserves $20.05 bln