Last update: Fri, 27 May 2016 07am

Articles and Letters: Letters


It is quite interesting to note that that Turkish President Recep Tayyip Erdogan has come up with a novel scheme to rein in the country's high unemployment levels, saying that every company should take on one unemployed person. In a speech to business leaders recently, he said Turkey's main private sector organisation, the Union of Chambers and Commodity Exchanges of Turkey (TOBB), has around one-and-a-half million members. "If each member takes on one person that would mean work for 1.5 million unemployed people" said Erdogan.
This apropos a Business Recorder news item "FBR taking measures to remove deficiencies in laws: spokesman" carried by the newspaper on Monday. According to it, the Federal Board of Revenue (FBR) will take measures in the budget (2016-17) to remove deficiencies in tax laws and plug in loopholes that are exploited to make investments in offshore companies aboard with a view to avoiding taxes at home.
This is apropos a Business Recorder op-ed 'Mullah Mansour exits' carried by the newspaper yesterday. The writer, Rashed Rahman, has made a profound argument on the Afghan conundrum. He has concluded it by saying that "As to the Afghanistan conundrum, peace seems dead in the water. Pakistan must now brace for the fallout. This may well include a resurgence of terrorism by the TTP, perhaps aided and abetted by the angry Afghan Taliban. The lesson, once again, is that a people that oppresses other people can never truly be free itself. Our sorry tale of long standing interventions in Afghanistan and their probable cost now only underlines that lesson emphatically."
There is no doubt that Pakistan-US relationship has reached its nadir in recent days and weeks. The principal reasons behind this state of affairs seem to be violence in Afghanistan and the ushering in an historic era of cultural, economic and political relations between Beijing and Islamabad.
The pipeline got empty in 2005 and stayed empty for next 4-5 years. The governments in place from 2000 to 2010, specifically, added no meaningful projects into the national pipeline. The power average demand during the period was increasing at about 6.5% but addition due to old project commissioning amounted only by 3.5% per year.
Is there a culpable responsibility for letting the monster of energy crisis in Pakistan continue to grow from bad to worse with inattention and inactivity for over a decade? Pakistan has remained embroiled in worst kind of energy crisis that has caused incalculable damage to national security, 2.5-3% year-on-year loss of GDP, loss of opportunities for over a decade, flight of capital and industry abroad impoverishing the already poor country, unfathomable suffering by the people, institutions hospitals and all. The assessed economic losses over the decade could be upside of 70-80 billion dollars.
This is apropos a Business Recorder news item "Anatomy, successes, practices of Election Commission of India considered?: Ex-bureaucrat too can now become CEC" carried by the newspaper on Friday. According to it, the National Assembly has unanimously passed "The Constitution (Twenty-second Amendment) Bill, 2016," with a two-third majority to change qualifications and procedures for appointment of the Chief Election Commissioner and Members of the Election Commission of Pakistan and to provide for other related matters.