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February, 2018

 

Property Black Hole of Pakistan Economy

IN an exercise to ascertain the amount of money pouring into Islamabad’s real estate sector, the Federal Board of Revenue has discovered the astonishingly high figure of approximately Rs100bn over three years, at DC rates. This is the official declared rate at which property transactions are disclosed, and as most people already know, the real amount is far higher. It is difficult to put a figure on what the real amount could be, but it is not unrealistic to estimate that it would be as much as four times theRead More


What Lodhran By-Poll Result Said About Imran Khan and Nawaz Sharif

IRSHAD SALIM (February 14, 2018) — Both leaders are in shock and awe with Lodhran by-poll results–for same reasons– each did not expect what the voters handed out to their party candidate: Khan’s, a defeat and Sharif’s, the win. The Monday contest in southern Punjab is the last one before national and provincial elections this summer. Whoever wins the most seat in the largest province of the counntry will obviously form the government in the center. Same holds true for the provincial government where Sharif’s younger brother Shahbaz rules. And,Read More