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Apropos 'It's 'Pakistan's 9/11': Sartaj' carried by Business Recorder on Saturday, one needs to point out the fact that the massacre of the Peshawar schoolchildren was more gruesome, barbaric and brazen than an attack on the World Trade Center(WTC) and the Pentagon over 13 years ago.

Apropos 'Turkey court releases anti-Erdogan editor, arrests TV chief' carried by Business Recorder yesterday, one needs to acknowledge the existence of a highly prudent judiciary in Turkey.
It is a matter of great satisfaction that Prime Minister Nawaz Sharif and army chief General Raheel Sharif have decided to take a decisive action against terrorists. Not only is the government, the entire opposition is also expressing a strong resolve to eradicate terrorism from the country. The government is therefore required to ensure that no leniency would be extended to terrorists and tough steps would be taken in this regard.
How unbelievable it is that Taliban chose a school to kill schoolchildren with a view to exacting revenge against the on-going military operation in the tribal areas. The prime minister and the army chief have responded to the situation in a highly proper manner. The PM has described the killings as a national tragedy unleashed by savages while the army chief has vowed to hunt down and kill every terrorist.


Hope we can learn something as a society moving forward so that the innocent lives were not lost in vain!!! Let me quote: "A wife who loses a husband is called a widow. A husband who loses a wife is called a widower. A child who loses his parents is called an orphan. There is no word for a parent who loses a child. That is how awful the loss is."
The federal finance minister Senator Ishaq Dar has appointed his close aide Zafarul Haq Hijazi Commissioner at the SECP in violation of law. According to sources, Hijazi will also be notified as Chairman SECP in a couple of days. According to officials, the Finance Division on Wednesday issued a notification on the appointment of three new Commissioners at the SECP. The notification dated December 17, 2014 stated, "In exercise of the powers conferred by the Sections 5 and 7 of the Securities and Exchange Commission of Pakistan Act 1997 (XLII of 1997), the Federal Government is pleased to appoint the following persons as Commissioners in the Securities and Exchange Commission of Pakistan for a period of three years with immediate effect:- namely; M Zafar-ul-Haq Hijazi, Akif Saeed and Mr Fida Hussain Samoo."
Apropos "[Lahore] shutdown adds to government's ambivalence, PTI's hyperactivism" carried by Business Recorder yesterday, one needs to commend both Imran Khan and the Punjab government for protecting the peace of Punjab's capital where people were anticipating a Faisalabad-situation. After this big show, Imran's protest seems to have attained some new highs insofar his protracted anti-government campaign is concerned. But government's ambivalence about the enormity of the challenge that Imran has posed to it is adding to both confusion and uncertainty. It appears to be in a state of having mixed feelings or contradictory ideas about current political turmoil in the country. That Pakistan People's Party government in Sindh helped Imran Khan put up a highly successful show in Karachi recently is a fact that has found its best expression in various analyses that suggest that PPP, too, is keen for a fresh elections anytime soon. Prime Minister Nawaz Sharif must take stock of a highly critical situation without any further loss of time. No doubt, the Lahore shutdown has contributed to Imran's efforts aimed at stepping up pressure on a government fighting for survival.


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ICT 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-2.309 bln
Exports $1.957 bln
Imports $4.266 bln
WeeklyDecember 18, 2014
Reserves $14.04 bln