Pakistan must follow to take similar steps to recover like SL.

KARACHI -- The Union of Small and Medium Enterprises in a meeting with a financial wizard who preferred to remain anonymous stated that Pakistan needs to follow Sri Lanka and take similar measures to recover after technical default, says a Press release. President UNISAME Zulfikar Thaver said the remedial measures taken by Sri Lankan experts are really noteworthy especially austerity and cutting all expenditures by half.

It is observed that their currency has appreciated and their economy is recovering. The UNISAME Council members were wondering why our experts are not inclined and not reducing expenses. They said they must close all organizations and institutions incurring losses. Secondly

they need to revisit the budgets of public sector organisations given huge budgets and close all leakage, pilferages and over spending on purchases...