Courtesy: Editorial AWAY from the negative publicity this country often receives is the heartening news that nine Pakistanis are on the annual ‘30 Under 30’ Forbes Asia list that showcases the achievements of young people who have come up with ground-breaking answers to global challenges. Be it poverty, lack of access to education and healthcare, improving women’s rights, or environmental change, Asia’s millennials are finding innovative and sustainable solutions. Spanning a region that contains 60pc of the world’s population, the Asia list, published on Tuesday, features 300 individuals from 24 countries. With 30 honorees in each of the 10 categories — the arts, technology, social entrepreneurship, healthcare, science, media, and more — these innovators are tackling issues of concern to their generation.
Courtesy:- MALIK MUHAMMAD ASHRAF Pakistan and India have been involved in intractable discussions to resolve the dispute regarding construction of two hydro electric power plants namely Kishenganga and Ralte being built by the latter in violation of the provisions of the Indus Water Treaty. So in view of the stalemate on the issue Pakistan requested the World Bank which had brokered the accord and also assumed the role of guarantor of the Treaty, to establish a court of Arbitration to resolve the differences between the two countries. India simultaneously requested the World Bank for the appointment of a neutral expert. The World Bank initially agreed to set up both the Arbitration Court and the appointment of the neutral expert. However in response to the Indian objection on two parallel processes which it maintained was not legally tenable, the World Bank decided to announce a ‘pause’ and asking both the parties to resolve the issue through bilateral ave...
Courtesy:- Malik Muhammad Ashraf Preparing a budget and selling it to the public, more so to political opponents, is an arduous undertaking even in the most affluent and developed countries, particularly when it comes to new tax proposals and measures aimed at keeping the corporate sector in good stead to spur economic growth. Besides generating much-needed revenue for the government, taxes also affect the people – changing their economic situation. This makes taxes an unpopular proposition. So every segment of the society tries to look at the budget from its own perspective and so there is always a mixed reaction on the budget s presented by the governments. The exercise is even more excruciating in third world countries like Pakistan that are facing financial constraints. Therefore, not surprisingly the budget for 2017-18 presented by the PML-N government has also spurred a debate about who benefits and who loses as a result of ...
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