Dekx Patients suffer in Quetta as doctors boycott hospitals
Recently, the Pakistan Tehreek-e-Insaf (PTI) came out with its education policy聽to emphasise its commitment to a better, prosperous Pakistan. First, I have to admit that this is a great first step. I am absolutely thrilled that someone has decided to put forth their plan for improving our failing education system and I hope that other major and smaller parties will follow suit. For far too long, we
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have been given empty slogans and political rhetoric as our education policy and it s time that we talk about substance and concrete steps to change the status quo. For that, the PTI deserves plenty of credit. The party also gets a lot of credit for bringing up issues of access, girls education and vocational training. Those are things we certainly need to focus on and kudos to the PTI for making
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them a part of the policy.That said,
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the policy, however, has some serious issues that I hope are debated in the political and public sphere. First is the issue of medium of instruction. I strongly Informed people, academics and economic experts know better: focusing economic management on the pricing of capital, goods and energy, and permutations of subsidies to firms, selected sectors and the vulnerable is unlikely to structurally alter the economic landscape in
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Pakistan. It is more likely to have adverse implications on distressed public finances of the country and stir media frenzy.In today s era of uncertainty, we are largely certain of three aspects: i) the Covid-19 shock is severe and global; ii) it elevates the need for public spending; and iii) even before this episode,
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Pakistan s public finances were in distress, with dependency on external and internal borrowings and on increasing revenues to fill fiscal gaps. The need to finance Covid-19 expenditures in an atmosphere of a further fall in revenues has prompted the government to raise new debt through the Islamic Sukuk o
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f Rs700 billion for the budget and Rs200 billion for the power sector; Rs100 billion to defer energy