The Empty Full Glass

In a recent article the author, a well -known journalist, after listing the failures and shortcomings of the PTI government, concluded with this comment about a minister— ‘(he is) part of the crazy crew in the la-la land that the PTI operates in’. This is best explained by this excerpt from the article— ‘Nothing quite puts into perspective the la-la land in which the government operates than the latest claim by the finance minister that the economy is out of “intensive care” and on the path to recovery. “The crisis is over,”  Asad Umar declared  before his departure for Washington for the final round of talks with the IMF for a bailout package—- this wildly optimistic declaration came as inflation approached double digits, the rupee plunged to a record low against the dollar, and the stock market appeared in a state of free fall. Revenue collection has shown a record shortfall of more than Rs.300 billion in the last nine months. And the economic growth rate is likely to decelerate to 3.4 per cent this financial year, and further down to 2.7 per cent next year, according to a World Bank report”.

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