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Finance Minister Muhammad Aurangzeb is expected to present the Finance Bill 2025-26 in the National Assembly tomorrow (Tuesday). Much has been said in the lead-up to the big day; the finance minister has pledged to introduce “bold measures” to steer the national economy in a strategic direction, while the International Monetary Fund (IMF) has stressed the need for tight expenditure controls to ensure sustainable debt servicing. Meanwhile, the government has decided to cut allocations for almost all sectors, barring a rise in road building schemes and no changes to parliamentarians’ schemes. While all this chatter continues, Dawn.com reached out to former finance ministers, Asad Umar and Miftah Ismail, for their input on what the government should be prioritising in the next fiscal year. Here’s what they had to say. Asad Umar — Finance Minister [Aug 2018 - April 2019] During the last 10 years, the fiscal deficit has averaged more than 6 per cent of the gross domestic product (GDP). These heavy deficits running...
Here’s some bad news for those who believe that the tendency in an increasing number of people to believe in lies can be mitigated if information is shaped and shared in a more responsible and mindful manner. According to the anthropologist Marcel Danesi, once people begin to believe in lies, they are unlikely to change their minds even when confronted with evidence that contradicts their beliefs. Danesi wrote, “They turn the contrasting information on its head, so as to make it fit their beliefs.” Research in this regard shows that, once a lie is accepted, the brain becomes more susceptible to subsequent lying. So, does this mean one should be resigned to the fact that we will always be surrounded by folk who are only willing to believe what they want to believe? I’m afraid so. Supporters of the jailed former Pakistani prime minister Imran Khan continue to exchange ‘information’ about his release. They’ve been at it for over two years now. They keep exchanging dates of his ‘triumphant’ release, which never ...
Shayan* and his wife Aliya* spent the last couple of months preparing their travel plans, which included a potential Haj trip after a visit back home to their families in Pakistan. At least, this was the plan up until the end of March. Shayan, a PhD student in the US who lives with his wife and daughter, found himself concerned about his travel plans when the Trump administration started revoking student visas. While Shayan has been in the US since the first Trump administration took office, Aliya only joined him two years ago, with their daughter. Aliya reveals that when Trump was re-elected, Shayan grew extremely anxious and she was the one who kept re-assuring him that things would be alright. That was until the Trump administration’s sudden actions against foreign students, which led to hundreds of students and recent graduates having their visas revoked. As part of the crackdown, Trump’s team has frozen hundreds of millions of dollars in funding for universities and moved to deport students, while revoki...6698 items