BR100 Increased By (2.12%)
BR30 Increased By (2.31%)
KSE100 Increased By (1.96%)
KSE30 Increased By (1.93%)
AGHA 6.18 Increased By ▲ 0.06 (0.98%)
BECO 4.23 Increased By ▲ 0.07 (1.68%)
BML 61.84 Decreased By ▼ -0.89 (-1.42%)
BOP 31.70 Increased By ▲ 0.80 (2.59%)
CNERGY 12.06 Increased By ▲ 0.09 (0.75%)
CSIL 5.63 Increased By ▲ 0.21 (3.87%)
FCCL 58.71 Increased By ▲ 1.93 (3.4%)
FFL 13.47 Increased By ▲ 0.13 (0.97%)
FNEL 1.17 Increased By ▲ 0.02 (1.74%)
KEL 6.14 Increased By ▲ 0.14 (2.33%)
KOSM 5.66 Increased By ▲ 0.18 (3.28%)
LOTCHEM 24.82 Increased By ▲ 0.45 (1.85%)
MLCF 102.09 Increased By ▲ 4.60 (4.72%)
NBP 179.66 Increased By ▲ 5.16 (2.96%)
NCPL 50.05 Increased By ▲ 1.58 (3.26%)
NPL 52.90 Increased By ▲ 2.67 (5.32%)
OGDC 316.24 Increased By ▲ 5.77 (1.86%)
PACE 9.21 Increased By ▲ 0.16 (1.77%)
PAEL 34.02 Increased By ▲ 0.95 (2.87%)
PIBTL 13.42 Increased By ▲ 0.27 (2.05%)
PPL 221.30 Increased By ▲ 4.13 (1.9%)
PRL 84.60 Decreased By ▼ -1.06 (-1.24%)
PTC 48.38 Increased By ▲ 2.19 (4.74%)
SSGC 22.94 Decreased By ▼ -0.38 (-1.63%)
TBL 9.30 Increased By ▲ 0.28 (3.1%)
TELE 7.07 Increased By ▲ 0.34 (5.05%)
TPL 25.86 Decreased By ▼ -0.24 (-0.92%)
TPLP 13.11 Increased By ▲ 0.44 (3.47%)
TREET 24.99 Increased By ▲ 1.19 (5%)
TRG 54.03 Increased By ▲ 0.86 (1.62%)
Opinion Print edition: 2025-06-17

PARTLY FACETIOUS: Ministry of Finance operates like President Trump

“So, is plausible deniability, people specific?” “I think the right question is whether it is individual...
Published Updated

“So, is plausible deniability, people specific?”

“I think the right question is whether it is individual specific or portfolio specific.”

“Portfolio!”

“Well, to put it starkly: is it President Trump specific or is it specific to whoever is the President of the United States?”

“And”

“And what?”

“What is the answer?”

“The answer will depend on who is asked. Trump’s supporters think that when he disclaimed knowledge of the Ukrainian attack on Russian nuclear bomber sites it was specific to Trump – maybe the briefers told him they will not inform him of the details so he could have plausible deniability or perhaps his mind wandered when he was being given the briefing or….”

“Right but Iran says they have irrefutable proof that the US is engaged in the attacks and the US President has denied any….”

“Well, who has the information that Israeli bombers do not have the capacity to refuel midair and the US does.”

“Hmmm I reckon plausible deniability doesn’t really make sense because modern day war is less about narratives.”

“Irrespective of the credibility of the narrative – Israel attacked Iran but it was in self-defence, Iran retaliated and it needs to stop, accept all Israeli conditions and…”

“Yeah anyway what portfolios have plausible deniability in the Land of the Pure?”

“The Ministry of Finance operates like President Trump: they issue a set of indicators that are constantly challenged and always ignored.”

“True and I say the glass as more than half full – consistency in economics is something that governments must strive for.”

“Their narrative has been the same as that of the previous three to four administrations – the only time the narrative is challenged and implausible deniability sets in is when how shall I put it: push comes to shove…”

“Or someone turns over the page.”

“Again glass is more than half full - we may have very low literacy rates, but we are a nation of readers though we tend to focus on the one page of a book.”

“The most important page…”

“Precisely.”

Copyright Business Recorder, 2025

Comments

Comments are closed for this article.