operating in Pakistan often post contrary results. While the working conditions and
business environment are identical, performance of a company is the reflection of the
vision of key decision makers headed by the CEO. From where does the CEO drive this
strength? In this week's cover story, an effort is being made to find out the factors
behind the exceptional success. This will provide a vision to others to emulate example of
those who make a difference.
Serious apprehensions are being expressed
regarding 'Mera Ghar". This scheme not only envisages huge expenditures but also
reminds the fate of similar schemes initiated in the past. PAGE reviews the scheme in
detail and its possible implication on the economy.
EXCHANGE RATE POLICY
Pakistan needs better exchange rate policy to
overcome balance of payment problems because the pursuit for export-led growth may not
yield the desired results. It is expected that the tight exchange management policy may
continue in the current financial year.
The corporate as well as the unorganized business
sectors have to cope with 77 different taxes, including 20 federal taxes, 19 provincial
taxes, 14 local taxes and 24 other levies, to carry out their business in Pakistan. People
supported the strike, called by the traders on economic problems and not on political
grounds. Massive tax reforms needed to save economy from political influences.