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Pay and Pension Commission: Chairperson says time for serious reforms


Top Story
May 7, 2021
ISLAMABAD: Chairperson Pay and Pension Commission Nargis Sethi has said that they would prepare an implementation plan along with a detailed report in order to give way forward to the government. A total of 29 Pay and Pension Commission/Committees were formed since the country’s inception but with no tangible impact.
“It is time for serious reforms, or we would not be able to cope with the contemporary requirements for governance and a few years down the lane, the bureaucratic apparatus would be gearing faster towards dysfunctionality,” stated the findings of a research report on civil service reforms launched by the Pakistan Institute of Development Economics (PIDE) here on Thursday. The report was prepared by PIDE team under the supervision of economist Dr Durre Nayab along with others in collaboration with the support of UNDP. ....

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31 families control KSE-100


May 5, 2021
ISLAMABAD: There are 31 families in Pakistan dominating Pakistan’s stock market, indicating the number of influential and wealthy families had gone up from 22 to 31 since the country’s independence. It was the crux of the highly important research paper by former Deputy Chairman Planning Commission and Vice-Chancellor PIDE Dr. Nadeem Ul Haq and Amin Hussain. The explosive research paper stated that Mahbubul Haq famously pointed to 22 families owning Pakistan. But, in 2018, when the data was collected, 31 families dominated the KSE. The paper stated: Pakistan’s stock market tends to make headlines, sometimes because of record highs that make it the ‘best performing market of the region’, and sometimes because of the crashes. However, the degree to which it contributes to capital formation in the country is not a topic of study, while the ensuing ownership and governance structure is hardly ever made a part of public discourse. One such study concluded th ....

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Govt working to achieve sustainable higher economic growth: Asad Umar


Govt working to achieve sustainable higher economic growth: Asad Umar
  Published On
22 April,2021 09:53 pm
The reform agenda mentions that an increasing labour force is entering the market due to youth bulge
ISLAMABAD (Dunya News) – Minister for Planning, Development and Special Initiatives Asad Umar on Thursday said after stabilizing the country’s economy, the government was now working towards growth which would not not only high enough but sustained for a longer period.
Addressing the launching event of Pakistan Institute of Development Economics (PIDE)’s Reform Agenda for Accelerated and Sustained growth, he said the PIDE’s reform agenda for an accelerated and sustained growth came at very appropriate time. ....

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