The PM recently announced the formation of a commission to investigate how our country’s loans increased from six trillion rupees to thirty trillion rupees in the last decade. I wonder why the PM is forming such a high-level commission for this simple exercise. In order to find out how the loans increased so much from 2008 to 2018, a simple statement called ‘Sources & Application of Funds’ should be prepared if it is not already available with the Ministry of Finance for each year. The preparation of this statement is supposed to be part of the standard operating procedure of any entity, whether it is a company or a country. The said compiled statement should then be audited by an international auditing firm and its findings be made public. It is a purely financial matter and it should left be to the financial experts. This will save a lot of unneeded hullabaloo.
Ejaz A Magoon
London
Unlike many countries in the West, Africa is not saddled with a large debt burden and its tremendous potential for...
The River Gardens area of Islamabad has been dealing with a large population of stray dogs, endangering innocent...
Adiala Road is one of the most populous areas of Rawalpindi and its residents have been facing a persistent water...
In the wake of the devastating floods of 2022, the once bustling road from Bhand to Sohbatpur in the Jaffarabad...
The recent visit of the Iranian president to Pakistan has sparked both anticipation and speculation regarding its...
Deep fakes are manipulated videos or images created using artificial intelligence, and their prevalence has increased...