Should Pakistan raise minimum pay.
Believe it- and believe it - Pakistan is a nuclear-armed but a low-income country. It doesn't befit the geopolitical stature we aspire to command.
The fact that the readers have smartphones, 4G and are able to read English qualifies you to the middle to upper class. However, swamps of Pakistanis live near or slightly above poverty levels. With a 200 million-plus population, unreliable unemployment numbers are easy to doubt.
What's known, nonetheless, is that wage rates are very low, unemployment is very high and private sector jobs are hard to find. In such a gloomy scenario, imagine being stuck in 'make ends meet' trap. That too, with low salaries and quick replacements.
Where is the government? Imran Khan's government - and the masses at large - saw a very tough two years marred by economic derailment stemming from rupee devaluation and ensuing higher food inflation.
Without dwelling into factual faults of the previous government in terms of a historic high current account deficit at $20 billion, the policymakers should
- and are - now focus on rejuvenating the economy or purchasing power of people. Is it getting better? With focus on...
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