"Dar instructed the Chairman of Board of Investment (BoI) to reverse our decline in rating in ease of doing business as it is a source of concern to him and would he please take appropriate measures to deal with it."
"Did he use the word please?"
"I try to get your attention on such earth shattering news and you ask me whether Dar used the word please!"
"Well, Dar doesn't say 'please' to his subordinates and as the de facto deputy prime minister, the Chairman BoI is certainly his subordinate."
"Right, but there are some who bypass him to go straight to the prime minister."
"And then the prime minister doesn't talk to these bypassers for a while."
"You are being facetious anyway can we hold the BOI responsible for the decline in our rating in ease of doing business?"
"Dar is a Pakistani political entrepreneur of the new age....:"
"What does that mean?"
"He believes in borrowing as much as possible and then hopes to have it written off... Unfortunately, though country's loans can't be written off unless of course we default so come 2017 or 2018 we will have to borrow more to keep the economic ship barely afloat."
"Right and given the fact that foreign loans are drying up he is now borrowing heavily from the domestic commercial sector and crowding out private sector borrowing."
"Indeed, and don't forget his policy to understate loans by keeping the rupee value artificially high accounts for exports declining, and his policy to keep the deficit under control is compromising growth."
"Hey, he controls the Bureau of Statistics so no problem..."
"That is true but as long as IMF believes the data then he can borrow more..."
"Dar's policy to strut on the dais with a not too senior international bureaucrat and I am referring to IMF's Harald Finger reduces his own relevance cause Finger is going to challenge Dar's assertions and......"
"He doesn't care as long as the money is released... besides Dar can out stare and out talk and out..."
"Don't be facetious."
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