Mobile app version of babycheers.com
Login or Join
newsMNC

: Even in a national emergency, Pakistan’s politicians are busy fighting one another #IndiaNEWS When calamities strike it usually unites nations. Not so this time in Pakistan.The worst floods in the

@newsMNC

Posted in: #IndiaNEWS

Even in a national emergency, Pakistan’s politicians are busy fighting one another #IndiaNEWS
When calamities strike it usually unites nations. Not so this time in Pakistan.The worst floods in the country’s history should have urged political rivals to set aside their partisan interests and offer a collective response to the catastrophe. But this was expecting too much. Politics was back to business-as-usual save for a few days after the deadly monsoon began to wreak unprecedented devastation across the country.The most egregious example of this was the letter written by Khyber Pakhtunkhwa’s Finance Minister Taimur Jhagra to the federal government that the provincial government run by Pakistan Tehreek-e-Insaf was unable to deliver a budget surplus. Sent – and made public – just days before the International Monetary Fund board was to meet to consider a loan package, the only intent of the letter was to upend the bailout.Under the terms of the International Monetary Fund deal all provincial governments were required to generate a fiscal surplus, which they had committed to do, in writing. As shocking was the leaked phone conversation between Jhagra and the former federal finance minister in which both acknowledged this would damage the country but went ahead with the letter. The Fund programme was of course not derailed. Board approval on August 29 paved the way...Read more


Latest stock market news Twitter alternate of India

10% popularity Flash it Bury this

0 Reactions   React


Replies (0)

Login to follow story

More posts by @newsMNC

0 Comments

Sorted by latest first Latest Oldest Best

Back to top | Use Dark Theme