"I always wondered why somebody doesn’t do something about that. Then I realized I was somebody."- Lily Tomlin
logo home article gallery special downloads feeback
Security Charecter                                 

Sign Up

Forgot your password?

              
Welcome Guest User | | Sign Up | Login |
INFRASTRUCTURE PROJECTS HALTED, BUT WHY?
Author : Editorial  |       .
Posted on : Friday, July 04, 2014      Read More
Share on Facebook
 

The country is locked in an uncertain situation for too many reasons. The intensified attacks of the Taliban insurgents in Helmand, the persistent deadlock caused by post runoff election times, the non-delivery of aid by international community, reduction in export and import of goods and concerns of investors are some of the factors that have created a smokescreen of uncertainties. However, amid all the uncertainties, one thing is worth appreciation and that’s the determination of the incumbent President Hamid Karzai to transfer democratic power to the next president as he said the other day that the date of oath taking of the next president will never be changed. This clarity and determination will wash away too many things that could have potentially damaged this country and pushed it back into pre-2001 times. However, despite that, work on time-consuming projects has been suspended by the ministry of finance, which is not a good sign. The Ministry of Finance said Monday that budget deficit has pushed the ministry to suspend construction works on long term projects. The ministry has been facing a 21 billion Afghanis budget deficit. The ministry has nudged the international community to ensure timely delivery of assistance they have pledged to Kabul to implement projects according to the schedule. Besides, the value of Afghani currency has already fallen in the international market, and if the runoff results crisis catches further length and ignite more tensions, the currency will fall more and more.

Read the complete article here

View all Comments ()                                             Article Viewed ( 78 )
Curve yellow
Opinion Poll

Q1. Do you believe that the Election Commission of Pakistan (ECP) is in need of serious reform?

Answers options :





  A. Yes ( 95% )

  B. No ( 0% )

  C. Don't know ( 5% )

  

  
Curve Yellow 2
Contests
Contests
Contests
Contests
Home     |     Special Features     |     Downloads     |     Gallery     |         |    Blog     |    Archives     |    Feedback
Give Feedback