Dr. Muhammad Shahid Monetary Policy Committee of the State Bank of Pakistan has increased the policy rate by 300 basis points to 20 percent. State Bank, in its earlier monetary policy statements had highlighted near-term risks to the inflation outlook from external and fiscal adjustments. Most of these risks have materialized and are partially reflected in the inflation outturns for February. The latest monetary policy statement indicates that inflation has surged to 31.5 percent on year on year basis, while core inflation rose to 17.1 percent in urban and 21.5Read More

Qamar Bashir The First Information Report (FIR) is an extremely powerful political weapon and excessive brute force for those in power to use against their opponents to arrest and detain for questioning and investigation, harassing, humiliating, torturing, breaking their will and weakening their commitment, wearing them down, and rerouting their attention from politics to defend themselves before the police and judiciary. The accused are harassed and humiliated, and media sensationalism damages their reputation, social standing, and public support even if they are not arrested. The accused and their family canRead More