The historic voter turnout, street agitation following the polls and politically charged social media presence of Pakistani youngsters online, all highlight that the youth of this nation are growing restless.
With a lot thrashed out about issues like energy, fiscal anomalies, inflation and infrastructure, human dimensions to development such as health, food security, good governance which are in fact more important to masses in Pakistan, barely receive anyones attention.
The business community of Punjab strongly supported the PML-N in its election campaign and this support has served well in delivering a strong mandate to that party. The hope among businessmen and investors is that the PML-N will deliver pro-investment policies and also bring a swift solution for the energy crisis that has been crippling economic growth.
With a representation of 60 percent in the total deposits and over 52 percent in the total advances, the performance of big five banks (HBL, MCB, NBL, UBL, ABL) seems to depict a true picture of the banking industry.
I own Karachi was a slogan made famous in the city when Senator Mustafa Kamal was Mayor of Karachi, and MQM can literally claim that. Time and again it has stamped its authority in the metropolis through the ballot power. 2013 was no different, as MQM almost clean swept winning 16 of the 18 constituencies contested. It will safely add at least one to the tally when the elections take place on the postponed NA-254 seat.
The Public Sector Develo-pment Programme (PSDP) has remained funded through the caretaker governments tenure. Since the previous government bid farewell on March 16, more than Rs30 billion have been released to federal governments flagship development programme.
Workers’ remittances delivered yet another month of healthy growth. The State Bank data shows that overseas Pakistanis sent $1.21 billion in April, which is a growth of 8.6 percent over March. The monthly remittance figure also posted year-on-year growth of 6.5 percent.