This is apropos a Business Recorder
editorial “Time for Dar to call it a day” carried by the newspaper on Saturday. The editorial, unfortunately, advanced an argument that clearly lacks plausibility and fairness. It has, for example, argued, among other things, that “Now, that the Senate committee on finance too has called upon Ishaq Dar to relinquish his office Dar should go. By not resigning from the cabinet he would neither serve the country’s interest that requires a fully focused on the economy person at the helm nor would it serve his party’s or his own cause. Be that as it may, names for his possible replacement are being discussed which include Sartaj Aziz, an economist by education and experience and who has held this portfolio before and Miftah Ismail who has been reportedly advising the incumbent prime minister on a range of economic-related matters.” That the argument is a weak contention is a fact. Consider:
Firstly, the editorial betrays a kind of admission that Dar was efficiently managing the country’s economy until the July 28 Supreme Court verdict in the Panama Papers case through which the then prime minister Nawaz Sharif was ousted and references were filed by National Accountability Bureau (NAB) in an accountability court against the Sharifs and finance minister Ishaq Dar. Secondly, his exit, as demanded by Senate’s committee on finance and the newspaper, will surely contribute to political uncertainty and cause a possible setback to all economic gains that the country has achieved mainly due to tireless efforts of Ishaq Dar.
Copyright Business Recorder, 2017