Sindh has a disciplined approach to fiscal management - Pakistan

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sm-inline-block float-none sm-float-left"><span class="story__byline font--arial "><a href="https://web.archive.org/web/20190518094347/https://www.dawn.com/authors/14/afshan-subohi">Afshan Subohi</a></span><span class="divider "></span><span class="story__time font--arial "><span class="timestamp--label">Updated</span> May 13, 2019</span> </div>  <div class="block sm-inline-block clearfix float-none sm-float-right"> <div class="social social--icon social--black social--flat social--facebook social--count float-left mr-1 my-2 "> <a onclick="return !window.open(this.href, 'Share on Facebook', 'width=640, height=536')" rel="noreferrer" href="https://web.archive.org/web/20190518094347/https://www.facebook.com/sharer/sharer.php?u=https%3A%2F%2Fwww.dawn.com%2Fnews%2F1482009&display=popup&ref=plugin" target="_blank"><span style="clip: rect(1px, 1px, 1px, 1px); height: 1px; overflow:hidden; position: absolute; white-space: nowrap; width: 1px;">Facebook Count</span><span 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class="count">6</span></a> </div></div> <div class="slideshow story__cover slideshow--main " data-slick="{"dots":true,"dotsClass":"slideshow__pager ","asNavFor":null,"cssEase":"ease","speed":250,"autoplaySpeed":2000,"slidesToScroll":1,"slidesToShow":1,"fade":false,"autoplay":true,"infinite":true,"responsive": [{"breakpoint": 767,"settings": {"slidesToShow": 1,"slidesToScroll": 1}},{"breakpoint": 575,"settings": {"slidesToShow": 1,"slidesToScroll": 1}}]}"> <div class="slideshow__slide slideshow__slide--first slideshow__slide--horizontal" style="">  <figure class="media media--uneven media--stretch col-12 px-0 "> <div class="media__item "><img src="https://web.archive.org/web/20190518094347im_/https://i.dawn.com/primary/2019/05/5cd8e5583b64e.jpg" alt=""/></div> </figure> <div class="clearfix"></div> </div> </div> </div>   <div class="template__main clearfix modifier--open px-1 modifier--widedefault modifier--blockquote-center-narrow ">   <div class="story__content pt-1 mt-1"><p>Committing to an increase in the tax-to-GDP ratio from 1.2 per cent to 1.5pc over the next three years, Sindh has agreed to comply with all fair demands of the International Monetary Fund’s (IMF) fiscal framework to help achieve stabilisation and halt the economic slide. </p> <p>However, Sindh’s position was inflexible on proposals that either infringed on the hard-earned provincial fiscal rights or sought to burden the poor for the mistakes or weak performance of the federal administration.</p> <p>Sindh Chief Minister Murad Ali Shah, who also holds the finance portfolio, sounded unambiguous in the statement that the provincial finance department sent to Dawn on his behalf.</p> <blockquote> <p>‘Further squeezing the development spending will only suffocate the economy and alienate people’</p> </blockquote> <p>“Yes, the government of Sindh has agreed to raise its cumulative tax-to-GDP ratio from 1.2pc to 1.5pc in three years.</p> <p>“No, we can’t agree to present a surplus budget unless the federal government guarantees the collection of more than Rs500 billion over and above the normal trend of annual increase in revenues. </p> <p>“During the current year, the federal government’s collection is so low that it is impossible to post a surplus. The federal government will have to improve the tax collection performance for the provinces to be financially comfortable enough to respond positively to the IMF demand,” read the statement.</p> <p>In the midst of a busy budget-making season, the Sindh government along with other provincial hierarchies participated in the ongoing parleys with the IMF team in Islamabad for a viable economic package. Pakistan is seeking support from the IMF ($8-12bn) to ease pressure on the external front and restore the fiscal discipline necessary for sustainable growth.</p> <p>Another key member of the Sindh economic team who is privy to recent interactions with the centre/lender said the provincial government took the position that it wanted to maintain the development budget at the last year’s level despite fiscal distress. “We believe that further squeezing the development spending when private investment is low will only suffocate the economy. It entails the risk of alienating people. It can create space for anti-social elements in society and lead to chaos, which can provide a perfect excuse to wrap up the democratic system,” he said.</p> <p>According to a fact sheet forwarded by the finance department, Sindh’s share in the divisible pool for 2018-19 was Rs605.2bn, which comes to Rs504bn for 10 months (July-April). Instead, only Rs380.9bn was transferred to Sindh, which shows a shortfall of Rs123.4bn.</p> <p>The said document depicted that the performance of the Federal Board of Revenue (FBR) has worsened over the past year. In the first 10 months of 2018-19, the FBR’s tax collection remained 75pc of the target as opposed to 88pc a year before. </p> <p>The budget for straight transfers was fixed at Rs43.5bn. The proportional share for 10 months is Rs36.2bn against which only Rs32.6bn has been received, signifying a shortfall of Rs3.6bn, says the document.</p> <p>The total budgeted federal transfers for Sindh during the current fiscal year were Rs665 bn. The proportionate transfer claim for 10 months is Rs554.2bn. But the actual federal receipts are Rs423.8bn i.e. 76.5pc of the target.</p> <p>A source in the Sindh Revenue Board claimed the agency performed better than its counterparts in the centre and other three provinces. At the end of the first 10 month, the revenue collection touched the Rs78bn mark against the proportional target of Rs91.6bn. There is a shortfall of about 15pc that the tax collectors hoped to cover in the last two months. “The annual collection target of Rs110bn will hopefully be exceeded when the final numbers turn in at the close of the current fiscal year,” an officer who wished not to be identified told Dawn over the phone.</p> <p>It is not surprising provincial receipts as a percentage of general revenue receipts increased in Sindh over the last 10 years. From 16.7pc in 2010-11, the ratio has increased to 25pc. The share of federal transfers in general revenue receipts of Sindh, meanwhile, decreased from 83.3pc in 2010-11 to 75pc in 2017-18.</p> <p>“The tone and tenor of the Sindh government appear to be different from the provincial ruling party’s central leadership. While PPP parliamentarians are critical of Imran Khan’s government for capitulating to the IMF’s pressure, the Sindh government has adopted a more pragmatic stance. It is productively contributing to the ongoing discussions with the key lender,” an expert commented.</p> <p>“If you ask me, criticism of the PTI government by both the PPP and the PML-N rings hollow. In the past, their governments also engaged with the IMF to get relief and achieve stabilisation. It would be lame to expect too soft a deal with the IMF in a situation that everyone understands is desperate. Much will depend on the skills of the PTI’s new economic team and how well it sells the deal to parliament, the business class and, above all, the people,” he concluded.</p> <p><em>Published in Dawn, The Business and Finance Weekly, March 13th, 2019</em></p> </div> </div>   <div class="template__footer clearfix modifier--open px-1 "> <div class="row no-gutters"> <div class="col-12 col-sm-10 col-sm-offset-1"> <div class="row no-gutters"> <div class="col-12 col-sm-11"> <div class="ml-0 ml-sm-6 px-0 px-sm-2"> <hr> <div class="row no-gutters"> <div class="col-12 col-sm-6"> </div> <div class="col-12 col-sm-6"> <div class="mt-2 mt-sm-0 clearfix float-left sm-float-right">  <div class="social social--icon social--black social--flat social--facebook social--count float-left mr-1 "> <a onclick="return !window.open(this.href, 'Share on Facebook', 'width=640, height=536')" rel="noreferrer" 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data-id="1483005" data-layout="story">  <figure class="media media--focus media--stretch col-sm-12 col-3 mr-sm-0 mr-2 sm-float-none px-0 "> <div class="media__item media__item--100 "><a title="" href="https://web.archive.org/web/20190518094347/https://www.dawn.com/news/1483005/six-newly-launched-trains-running-in-losses-na-panel-told"><img src="https://web.archive.org/web/20190518094347im_/https://i.dawn.com/medium/2019/05/5cdf8a89dc01a.jpg" alt="Six newly-launched trains running in losses, NA panel told"/></a></div> </figure>  <h2 data-layout="story" data-id="1483005" class="story__title text-black-light size-five sm-size-five leading-tight py-sm-2 py-0 "><a href="https://web.archive.org/web/20190518094347/https://www.dawn.com/news/1483005/six-newly-launched-trains-running-in-losses-na-panel-told" class="story__link">Six newly-launched trains running in losses, NA panel told </a></h2> </article>  </div> <div class="slideshow--row__item pr-0 pr-sm-2 mb-2 lap-and-up-border--right 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media--stretch col-12 px-0 "> <div class="media__item "><a title="" href="https://web.archive.org/web/20190518094347/https://www.dawnnews.tv/news/1103527/"><img src="https://web.archive.org/web/20190518094347im_/https://i.dawn.com/medium/2019/05/5cdefe4dc2130.jpg" alt="حاملہ خاتون کو قتل کرکے پیٹ سے بچہ نکالنے والی خواتین گرفتار"/></a></div> </figure> <div class="clearfix"></div>  <h2 data-layout="story" data-id="1103527" class="story__title py-2 "><a href="https://web.archive.org/web/20190518094347/https://www.dawnnews.tv/news/1103527/" class="story__link">حاملہ خاتون کو قتل کرکے پیٹ سے بچہ نکالنے والی خواتین گرفتار</a></h2> </article>  </div> <div class="slideshow__slide slideshow__slide--horizontal" style="margin:0 1px;">  <article class="box story " data-id="1103522" data-layout="story">  <figure class="media media--stretch col-12 px-0 "> <div class="media__item "><a title="" href="https://web.archive.org/web/20190518094347/https://www.dawnnews.tv/news/1103522/"><img src="https://web.archive.org/web/20190518094347im_/https://i.dawn.com/medium/2019/05/5cdee8b9f3070.jpg" alt="پاکستانی ٹیم نے ون ڈے کرکٹ کا نیا عالمی ریکارڈ بنا دیا"/></a></div> </figure> <div class="clearfix"></div>  <h2 data-layout="story" data-id="1103522" class="story__title py-2 "><a href="https://web.archive.org/web/20190518094347/https://www.dawnnews.tv/news/1103522/" class="story__link">پاکستانی ٹیم نے ون ڈے کرکٹ کا نیا عالمی ریکارڈ بنا دیا</a></h2> </article>  </div> <div class="slideshow__slide slideshow__slide--horizontal" style="margin:0 1px;">  <article class="box story " data-id="1103503" data-layout="story">  <figure class="media media--stretch col-12 px-0 "> <div class="media__item "><a title="" href="https://web.archive.org/web/20190518094347/https://www.dawnnews.tv/news/1103503/"><img src="https://web.archive.org/web/20190518094347im_/https://i.dawn.com/medium/2019/05/5cde96297564d.jpg" alt="وہ جھیل جو آپ کو واپسی پر بیش قیمتی تحفہ دیتی ہے"/></a></div> </figure> <div class="clearfix"></div>  <h2 data-layout="story" data-id="1103503" class="story__title py-2 "><a href="https://web.archive.org/web/20190518094347/https://www.dawnnews.tv/news/1103503/" class="story__link">وہ جھیل جو آپ کو واپسی پر بیش قیمتی تحفہ دیتی ہے</a></h2> </article>  </div> </div> </div> </section>  </div> <div class="border-3 border-r-0 border-b-0 border-l-0 border-solid border-black"> <section id="comments" class="comments px-0 col-sm-10 col-12"> <h1 class="comments__label font--playfair-display size-seven font-bold">Comments (6) Closed</h1> <div class="button-container border--top"> <button type="button" class="button js-comments-sort-votes size-four font--playfair-display py-2 px-3 outline-none border-0 border-l bg-white bg-image-none float-right">Popular</button> <button type="button" class="button js-comments-sort-date--new size-four font--playfair-display py-2 px-3 outline-none border-0 border-l bg-white bg-image-none float-right">Newest</button> <button type="button" disabled="disabled" class="button js-comments-sort-date size-four font--playfair-display py-2 px-3 outline-none border-0 border-l bg-white bg-image-none float-right">Oldest</button> </div> <div class="comment pb-4 mb-4 border--bottom" id="7065635" data-id="1"> <div class="row no-gutters"> <div class="col-11"> <div class="comment__author font-bold font--playfair-display size-five float-left mb-1">topbrass</div> <div class="timeago comment__date text-grey size-three leading-none clear--left" title="2019-05-13T12:59:34+05:00"><span class="timestamp--time timeago" title="2019-05-13T12:59:34+05:00">May 13, 2019 12:59pm</span></div> <div class="comment__body mt-2 size-four clearfix"><p>Sindh and Sindhis do not need any lecture on finance and trade from the central govt. Sindh can handle its economy without the begging if they get their true share of revenue with arrears for all that they lost. </p> <p>Central govt should know that they cant fool Sindhis for too long.</p> </div> <div class=""> <div class="button p-0 no-underline inline-block list-reset cursor-pointer relative whitespace-no-wrap align-middle bg-white border leading-normal size-three hover-bg-image-linear-gradient-lightgray select-none" title="Recommend this comment"> <span class="button__label p-t-one-eighth px-2 text-grey size-two votejs__cast" data-vote-key="1482009/up-7065635">Recommend</span> <span class="button__count border--left p-one-eighth text-grey size-two votejs__count" data-vote-key="1482009/up-7065635">0</span> </div> </div> </div> </div> </div> <div class="comment pb-4 mb-4 border--bottom" id="7065780" data-id="2"> <div class="row no-gutters"> <div class="col-11"> <div class="comment__author font-bold font--playfair-display size-five float-left mb-1">Saad</div> <div class="timeago comment__date text-grey size-three leading-none clear--left" title="2019-05-13T13:42:01+05:00"><span class="timestamp--time timeago" title="2019-05-13T13:42:01+05:00">May 13, 2019 01:42pm</span></div> <div class="comment__body mt-2 size-four clearfix"><p>Why lot of pictures on the wall? Zardari, BB, Bhutto and others, they were never Sindh PMs?</p> </div> <div class=""> <div class="button p-0 no-underline inline-block list-reset cursor-pointer relative whitespace-no-wrap align-middle bg-white border leading-normal size-three hover-bg-image-linear-gradient-lightgray select-none" title="Recommend this comment"> <span class="button__label p-t-one-eighth px-2 text-grey size-two votejs__cast" data-vote-key="1482009/up-7065780">Recommend</span> <span class="button__count border--left p-one-eighth text-grey size-two votejs__count" data-vote-key="1482009/up-7065780">0</span> </div> </div> </div> </div> </div> <div class="comment pb-4 mb-4 border--bottom" id="7068740" data-id="3"> <div class="row no-gutters"> <div class="col-11"> <div class="comment__author font-bold font--playfair-display size-five float-left mb-1">AZAM AKBAR</div> <div class="timeago comment__date text-grey size-three leading-none clear--left" title="2019-05-14T07:04:48+05:00"><span class="timestamp--time timeago" title="2019-05-14T07:04:48+05:00">May 14, 2019 07:04am</span></div> <div class="comment__body mt-2 size-four clearfix"><p>@topbrass, </p> <p>Mr. topbrass, </p> <p>What about the most corrupt regional political party PPP?</p> <p>You didn't mention the performance of PPP which ruling Sindh, doing corruption and looting the funds for more than four decades.</p> </div> <div class=""> <div class="button p-0 no-underline inline-block list-reset cursor-pointer relative whitespace-no-wrap align-middle bg-white border leading-normal size-three hover-bg-image-linear-gradient-lightgray select-none" title="Recommend this comment"> <span class="button__label p-t-one-eighth px-2 text-grey size-two votejs__cast" data-vote-key="1482009/up-7068740">Recommend</span> <span class="button__count border--left p-one-eighth text-grey size-two votejs__count" data-vote-key="1482009/up-7068740">0</span> </div> </div> </div> </div> </div> <div class="comment pb-4 mb-4 border--bottom" id="7068742" data-id="4"> <div class="row no-gutters"> <div class="col-11"> <div class="comment__author font-bold font--playfair-display size-five float-left mb-1">AZAM AKBAR</div> <div class="timeago comment__date text-grey size-three leading-none clear--left" title="2019-05-14T07:07:01+05:00"><span class="timestamp--time timeago" title="2019-05-14T07:07:01+05:00">May 14, 2019 07:07am</span></div> <div class="comment__body mt-2 size-four clearfix"><p>@Saad, </p> <p>Mr. Saad, </p> <p>Still the corrupts and criminals want to fool the inhabitants of the rural areas of Sindh. </p> <p>This is their motto nothing else.</p> </div> <div class=""> <div class="button p-0 no-underline inline-block list-reset cursor-pointer relative whitespace-no-wrap align-middle bg-white border leading-normal size-three hover-bg-image-linear-gradient-lightgray select-none" title="Recommend this comment"> <span class="button__label p-t-one-eighth px-2 text-grey size-two votejs__cast" data-vote-key="1482009/up-7068742">Recommend</span> <span class="button__count border--left p-one-eighth text-grey size-two votejs__count" data-vote-key="1482009/up-7068742">0</span> </div> </div> </div> </div> </div> <div class="comment pb-4 mb-4 border--bottom" id="7077158" data-id="5"> <div class="row no-gutters"> <div class="col-11"> <div class="comment__author font-bold font--playfair-display size-five float-left mb-1">Miqbal rangoonwala</div> <div class="timeago comment__date text-grey size-three leading-none clear--left" title="2019-05-16T14:35:04+05:00"><span class="timestamp--time timeago" title="2019-05-16T14:35:04+05:00">May 16, 2019 02:35pm</span></div> <div class="comment__body mt-2 size-four clearfix"><p>Master of corruption</p> </div> <div class=""> <div class="button p-0 no-underline inline-block list-reset cursor-pointer relative whitespace-no-wrap align-middle bg-white border leading-normal size-three hover-bg-image-linear-gradient-lightgray select-none" title="Recommend this comment"> <span class="button__label p-t-one-eighth px-2 text-grey size-two votejs__cast" data-vote-key="1482009/up-7077158">Recommend</span> <span class="button__count border--left p-one-eighth text-grey size-two votejs__count" data-vote-key="1482009/up-7077158">0</span> </div> </div> </div> </div> </div> <div class="comment pb-4 mb-4 border--bottom" id="7078398" data-id="6"> <div class="row no-gutters"> <div class="col-11"> <div class="comment__author font-bold font--playfair-display size-five float-left mb-1">NotIMFFan</div> <div class="timeago comment__date text-grey size-three leading-none clear--left" title="2019-05-16T19:40:33+05:00"><span class="timestamp--time timeago" title="2019-05-16T19:40:33+05:00">May 16, 2019 07:40pm</span></div> <div class="comment__body mt-2 size-four clearfix"><p>Corrupts were declared Cleaned and well organized Financial province</p> </div> <div class=""> <div class="button p-0 no-underline inline-block list-reset cursor-pointer relative whitespace-no-wrap align-middle bg-white border leading-normal size-three hover-bg-image-linear-gradient-lightgray select-none" title="Recommend this comment"> <span class="button__label p-t-one-eighth px-2 text-grey size-two votejs__cast" data-vote-key="1482009/up-7078398">Recommend</span> <span class="button__count border--left p-one-eighth text-grey size-two votejs__count" data-vote-key="1482009/up-7078398">0</span> </div> </div> </div> </div> </div> </section> </div> </div> </div>  </article> </div> </div> </main> <aside class="pb-4">  <section class="widget theme widget-adsense modifywidget--border-off modifywidget--transparent" data-type="adsense" data-id="1220"> <div class="widget__header "> </div> <div class="widget__main ">  <div class="ad " aria-hidden="true"> <div class="ad__label " style="max-width:300px;">Advertisement</div> <div class="js-ad clearfix" style="max-width:300px;max-height:250px;text-align:center;margin:0 auto;overflow:hidden;"> <div class="radWrapper 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src="https://web.archive.org/web/20190518094347im_/https://i.dawn.com/medium/2019/05/5cdf817680d0f.jpg" alt="What is in its DNA that has put the US on such a violent path?"/></a></div> </figure>  <h2 data-layout="story" data-id="1483050" class="story__title font--playfair-display text-black-light size-five sm-size-five leading-tight py-0 "><a href="https://web.archive.org/web/20190518094347/https://www.dawn.com/news/1483050/what-is-in-its-dna-that-has-put-the-us-on-such-a-violent-path" class="story__link">What is in its DNA that has put the US on such a violent path? </a></h2> <div class=" mt-1 "><span class="story__byline size-three text-black "></span> </div></article>  </div> </div><div class="clear--both"> </div></div> </div> <div class="border-3 border-r-0 border-b-0 border-l-0 border-solid border-black mx-sm-2 mx-0 clearfix"> <h3 class="my-2"><a class="font--playfair-display size-nine leading-tight text-black-light" href="/web/20190518094347/https://www.dawn.com/opinion">Opinion</a></h3> <div class=" slideshow--list px-0 pr-sm-2 col-sm-4 col-12 float-left mt-2"> <div class="clear--both"> <div class="slideshow--row__item active pr-0 pr-sm-2 mb-2 palm-border--bottom border-grey-lighter equalize float-left" data-id="0" style="float:left;width:99%;">  <article class="box story mt-1 mb-1 mb-sm-2 mt-sm-0 pt-0 pb-2 pt-1 pt-sm-0 pr-0" data-id="1483036" data-layout="story">  <figure class="media media--stretch col-12 px-0 "> <div class="media__item "><a title="" href="https://web.archive.org/web/20190518094347/https://www.dawn.com/news/1483036/dont-blame-the-imf"><img src="https://web.archive.org/web/20190518094347im_/https://i.dawn.com/medium/2019/05/5cdf42a1dfaa7.jpg" alt="Don’t blame the IMF"/></a></div> </figure> <div class="clearfix"></div>  <h2 data-layout="story" data-id="1483036" class="story__title font--playfair-display text-black-light size-five sm-size-five leading-tight "><a href="https://web.archive.org/web/20190518094347/https://www.dawn.com/news/1483036/dont-blame-the-imf" class="story__link">Don’t blame the IMF </a></h2>  <div class="story__excerpt size-four text-black font--georgia ">Rest assured, Pakistan’s economy is going to be severely constrained over the next few years. </div> </article>  </div> </div><div class="clear--both"> </div></div> <div class=" slideshow--list px-0 col-sm-8 col-12 float-left mt-2"> <div class="clear--both"> <div class="slideshow--row__item active pr-0 pr-sm-2 mb-2 lap-and-up-border--right border-grey-lighter palm-border--bottom equalize last-child-border-none float-left" data-id="0" style="float:left;width:24%;margin-right:1.3333333333333%;">  <article class="box story mt-1 mb-1 mb-sm-2 mt-sm-0 pt-0 pb-1 pb-sm-2 pt-1 pt-sm-0 pr-0" data-id="1483035" data-layout="story">  <figure class="media media--focus media--stretch col-sm-12 col-3 mr-sm-0 mr-2 sm-float-none px-0 "> <div class="media__item media__item--100 "><a title="" href="https://web.archive.org/web/20190518094347/https://www.dawn.com/news/1483035/the-only-way-forward"><img src="https://web.archive.org/web/20190518094347im_/https://i.dawn.com/medium/2019/05/5cdf42796d91d.jpg" alt="The only way forward"/></a></div> </figure>  <h2 data-layout="story" data-id="1483035" class="story__title font--playfair-display text-black-light size-five sm-size-five leading-tight py-0 "><a href="https://web.archive.org/web/20190518094347/https://www.dawn.com/news/1483035/the-only-way-forward" class="story__link">The only way forward </a></h2> <div class=" mt-1 "><span class="story__byline size-three text-black "><a href="https://web.archive.org/web/20190518094347/https://www.dawn.com/authors/112/abbas-nasir">Abbas Nasir</a></span> </div>  <div class="story__excerpt size-four text-black font--georgia ">The process via which justice is delivered needs to be uncontroversial, transparent and above board. </div> </article>  </div> <div class="slideshow--row__item pr-0 pr-sm-2 mb-2 lap-and-up-border--right border-grey-lighter palm-border--bottom equalize last-child-border-none float-left" data-id="1" style="float:left;width:24%;margin-right:1.3333333333333%;">  <article class="box story mt-1 mb-1 mb-sm-2 mt-sm-0 pt-0 pb-1 pb-sm-2 pt-1 pt-sm-0 pr-0" data-id="1483034" data-layout="story">  <figure class="media media--focus media--stretch col-sm-12 col-3 mr-sm-0 mr-2 sm-float-none px-0 "> <div class="media__item media__item--100 "><a title="" href="https://web.archive.org/web/20190518094347/https://www.dawn.com/news/1483034/trafficking-lives"><img src="https://web.archive.org/web/20190518094347im_/https://i.dawn.com/medium/2019/05/5cdf422b44442.jpg" alt="Trafficking lives"/></a></div> </figure>  <h2 data-layout="story" data-id="1483034" class="story__title font--playfair-display text-black-light size-five sm-size-five leading-tight py-0 "><a href="https://web.archive.org/web/20190518094347/https://www.dawn.com/news/1483034/trafficking-lives" class="story__link">Trafficking lives </a></h2> <div class=" mt-1 "><span class="story__byline size-three text-black "><a href="https://web.archive.org/web/20190518094347/https://www.dawn.com/authors/7149/roshaneh-zafar">Roshaneh Zafar</a></span> </div>  <div class="story__excerpt size-four text-black font--georgia ">We are all implicated in social mores that devalue women and girls. </div> </article>  </div> <div class="slideshow--row__item pr-0 pr-sm-2 mb-2 lap-and-up-border--right border-grey-lighter palm-border--bottom equalize last-child-border-none float-left" data-id="2" style="float:left;width:24%;margin-right:1.3333333333333%;">  <article class="box story mt-1 mb-1 mb-sm-2 mt-sm-0 pt-0 pb-1 pb-sm-2 pt-1 pt-sm-0 pr-0" data-id="1483033" data-layout="story">  <figure class="media media--focus media--stretch col-sm-12 col-3 mr-sm-0 mr-2 sm-float-none px-0 "> <div class="media__item media__item--100 "><a title="" href="https://web.archive.org/web/20190518094347/https://www.dawn.com/news/1483033/here-we-go-again"><img src="https://web.archive.org/web/20190518094347im_/https://i.dawn.com/medium/2019/05/5cdf41ffb5112.jpg" alt="Here we go again"/></a></div> </figure>  <h2 data-layout="story" data-id="1483033" class="story__title font--playfair-display text-black-light size-five sm-size-five leading-tight py-0 "><a href="https://web.archive.org/web/20190518094347/https://www.dawn.com/news/1483033/here-we-go-again" class="story__link">Here we go again </a></h2> <div class=" mt-1 "><span class="story__byline size-three text-black "><a href="https://web.archive.org/web/20190518094347/https://www.dawn.com/authors/271/irfan-husain">Irfan Husain</a></span> </div>  <div class="story__excerpt size-four text-black font--georgia ">What is in its DNA that has put the US on such a violent path? </div> </article>  </div> <div class="slideshow--row__item pr-0 pr-sm-2 mb-2 lap-and-up-border--right border-grey-lighter palm-border--bottom equalize last-child-border-none float-left" data-id="3" style="float:left;width:24%;">  <article class="box story mt-1 mb-1 mb-sm-2 mt-sm-0 pt-0 pb-1 pb-sm-2 pt-1 pt-sm-0 pr-0" data-id="1482833" data-layout="story">  <figure class="media media--focus media--stretch col-sm-12 col-3 mr-sm-0 mr-2 sm-float-none px-0 "> <div class="media__item media__item--100 "><a title="" href="https://web.archive.org/web/20190518094347/https://www.dawn.com/news/1482833/go-home-you-are-55"><img src="https://web.archive.org/web/20190518094347im_/https://i.dawn.com/medium/2019/05/5cde168d59b21.jpg" alt="Go home, you are 55"/></a></div> </figure>  <h2 data-layout="story" data-id="1482833" class="story__title font--playfair-display text-black-light size-five sm-size-five leading-tight py-0 "><a href="https://web.archive.org/web/20190518094347/https://www.dawn.com/news/1482833/go-home-you-are-55" class="story__link">Go home, you are 55 </a></h2> <div class=" mt-1 "><span class="story__byline size-three text-black "><a href="https://web.archive.org/web/20190518094347/https://www.dawn.com/authors/568/faisal-bari">Faisal Bari</a></span> </div>  <div class="story__excerpt size-four text-black font--georgia ">An age-based policy will not solve performance-related issues. </div> </article>  </div> </div><div class="clear--both"> </div></div> </div> <div class="border-3 border-r-0 border-b-0 border-l-0 border-solid border-black mx-sm-2 mx-0"> <h3 class="my-2"><a class="font--playfair-display size-nine leading-tight text-black-light" href="/web/20190518094347/https://www.dawn.com/opinion">Editorial</a></h3> <div class=" slideshow--list mt-2"> <div class="clear--both"> <div class="slideshow--row__item active pr-0 pr-sm-2 mb-2 lap-and-up-border--right border-grey-lighter palm-border--bottom equalize last-child-border-none float-left" data-id="0" style="float:left;width:15.666666666667%;margin-right:1.2%;">  <article class="box story mt-1 mb-1 mb-sm-2 mt-sm-0 pt-0 pb-1 pb-sm-2 pt-1 pt-sm-0 pr-0" data-id="1483032" data-layout="story"><span class="story__time size-two text-grey font--arial ">May 18, 2019</span>  <h2 data-layout="story" data-id="1483032" class="story__title font--playfair-display text-black-light size-four sm-size-five leading-tight "><a href="https://web.archive.org/web/20190518094347/https://www.dawn.com/news/1483032/free-market-jitters" class="story__link">Free market jitters </a></h2>  <div class="story__excerpt size-four text-black font--georgia ">THE financial markets are extremely alarmed after two full days of an unsupported exchange rate that has seen the... </div> </article>  </div> <div class="slideshow--row__item pr-0 pr-sm-2 mb-2 lap-and-up-border--right border-grey-lighter palm-border--bottom equalize last-child-border-none float-left" data-id="1" style="float:left;width:15.666666666667%;margin-right:1.2%;">  <article class="box story mt-1 mb-1 mb-sm-2 mt-sm-0 pt-0 pb-1 pb-sm-2 pt-1 pt-sm-0 pr-0" data-id="1483031" data-layout="story"><span class="story__time size-two text-grey font--arial ">May 18, 2019</span>  <h2 data-layout="story" data-id="1483031" class="story__title font--playfair-display text-black-light size-four sm-size-five leading-tight "><a href="https://web.archive.org/web/20190518094347/https://www.dawn.com/news/1483031/sc-on-karachi" class="story__link">SC on Karachi </a></h2>  <div class="story__excerpt size-four text-black font--georgia ">WHILE hearing a case regarding illegal encroachments in Karachi, the Supreme Court recently issued a detailed order... </div> </article>  </div> <div class="slideshow--row__item pr-0 pr-sm-2 mb-2 lap-and-up-border--right border-grey-lighter palm-border--bottom equalize last-child-border-none float-left" data-id="2" style="float:left;width:15.666666666667%;margin-right:1.2%;">  <article class="box story mt-1 mb-1 mb-sm-2 mt-sm-0 pt-0 pb-1 pb-sm-2 pt-1 pt-sm-0 pr-0" data-id="1483030" data-layout="story"><span class="story__time size-two text-grey font--arial ">May 18, 2019</span>  <h2 data-layout="story" data-id="1483030" class="story__title font--playfair-display text-black-light size-four sm-size-five leading-tight "><a href="https://web.archive.org/web/20190518094347/https://www.dawn.com/news/1483030/kp-doctors-strike" class="story__link">KP doctors’ strike </a></h2>  <div class="story__excerpt size-four text-black font--georgia ">AS doctors in Khyber Pakhtunkhwa continue their province-wide strike for the fourth day, the government has once... </div> </article>  </div> <div class="slideshow--row__item pr-0 pr-sm-2 mb-2 lap-and-up-border--right border-grey-lighter palm-border--bottom equalize last-child-border-none float-left" data-id="3" style="float:left;width:15.666666666667%;margin-right:1.2%;">  <article class="box story mt-1 mb-1 mb-sm-2 mt-sm-0 pt-0 pb-1 pb-sm-2 pt-1 pt-sm-0 pr-0" data-id="1482829" data-layout="story"><span class="story__time size-two text-grey font--arial "><span class="timestamp--label">Updated</span> May 17, 2019</span>  <h2 data-layout="story" data-id="1482829" class="story__title font--playfair-display text-black-light size-four sm-size-five leading-tight "><a href="https://web.archive.org/web/20190518094347/https://www.dawn.com/news/1482829/dollar-blues-in-the-market" class="story__link">Dollar blues in the market </a></h2>  <div class="story__excerpt size-four text-black font--georgia ">The last devaluation has not been fully factored into the price level of the dollar yet. </div> </article>  </div> <div class="slideshow--row__item pr-0 pr-sm-2 mb-2 lap-and-up-border--right border-grey-lighter palm-border--bottom equalize last-child-border-none float-left" data-id="4" style="float:left;width:15.666666666667%;margin-right:1.2%;">  <article class="box story mt-1 mb-1 mb-sm-2 mt-sm-0 pt-0 pb-1 pb-sm-2 pt-1 pt-sm-0 pr-0" data-id="1482828" data-layout="story"><span class="story__time size-two text-grey font--arial ">May 17, 2019</span>  <h2 data-layout="story" data-id="1482828" class="story__title font--playfair-display text-black-light size-four sm-size-five leading-tight "><a href="https://web.archive.org/web/20190518094347/https://www.dawn.com/news/1482828/taking-to-the-streets" class="story__link">Taking to the streets </a></h2>  <div class="story__excerpt size-four text-black font--georgia ">FOLLOWING JUI-F chief Fazlur Rehman’s declaration of open season on the government, and mixed signals from the... </div> </article>  </div> <div class="slideshow--row__item pr-0 pr-sm-2 mb-2 lap-and-up-border--right border-grey-lighter palm-border--bottom equalize last-child-border-none float-left" data-id="5" style="float:left;width:15.666666666667%;">  <article class="box story mt-1 mb-1 mb-sm-2 mt-sm-0 pt-0 pb-1 pb-sm-2 pt-1 pt-sm-0 pr-0" data-id="1482827" data-layout="story"><span class="story__time size-two text-grey font--arial ">May 17, 2019</span>  <h2 data-layout="story" data-id="1482827" class="story__title font--playfair-display text-black-light size-four sm-size-five leading-tight "><a href="https://web.archive.org/web/20190518094347/https://www.dawn.com/news/1482827/palestines-catastrophe" class="story__link">Palestine’s catastrophe </a></h2>  <div class="story__excerpt size-four text-black font--georgia ">WEDNESDAY was observed as the 71st anniversary of the Nakba, the event the Palestinians remember as the... </div> </article>  </div> </div><div class="clear--both"> </div></div> </div> <div class="px-2">  <div class="ad py-4 block sm-hidden" aria-hidden="true"> <div class="ad__label " style="max-width:320px;">Advertisement</div> <div class="js-ad clearfix" style="max-width:320px;max-height:100px;text-align:center;margin:0 auto;overflow:hidden;"> <div class="radWrapper rad--multi ad__wrapper"> <div id="div-gpt-ad-1539321627240-0" class="ad__wrapper__slot" style="width:320px;height:100px;"> <script> render('div-gpt-ad-1539321627240-0') </script> </div> </div> </div> </div>  </div> </div>  </div> </div> <div class="navstory navstory--prev" title="You can also use your keyboard ← (left arrow) or → (right arrow) to navigate stories"> <a class="navstory__arrow navstory__arrow--prev" href="https://web.archive.org/web/20190518094347/https://www.dawn.com/news/1482666/imf-bailout-package-rescue-or-trap-for-pakistan">&lsaquo;</a> <div class="navstory__article navstory__article--prev">  <article class="box story " data-id="1482666" data-layout="story">  <h2 data-layout="story" data-id="1482666" class="story__title "><a href="https://web.archive.org/web/20190518094347/https://www.dawn.com/news/1482666/imf-bailout-package-rescue-or-trap-for-pakistan" class="story__link">IMF bailout package — rescue or trap for Pakistan? </a></h2>  <figure class="media media--stretch col-12 px-0 " data-focus-x="65.25%" data-focus-y="49.375%"> <div class="media__item "><a title="" 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Sindh has a disciplined approach to fiscal management - Pakistan - DAWN.COM