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Print Print 2018-10-18

Partly Facetious : There's no competition

"So it's raining Asad Umar on the electronic media."
Published October 18, 2018

"So it's raining Asad Umar on the electronic media."
"The guy has to defend his actions or shall we say non-actions for which I am told he is not responsible."
"If you accept a portfolio then whatever happens is your fault. Who does Umar reckon is responsible for the delay in going to the Fund for hard cash and then on to World Bank and its poor sister Asian Development Bank and..."
"Hey as far as Pakistan is concerned ADB has given us more loans so the richer sister."
"Ha, ha. Just for saying that you may get an extra half a billion dollars from ADB!"
"Don't be facetious - surely there is no competition, I mean what with harmonization between multilaterals and..."
"There is always competition and the World Bank has greater influence as it operates throughout the world, not only in Asia. If there was no competition why do you think ADB got worried when the Chinese and the Indians launched another international development bank..."
"Can we do a Maulana?"
"Good heavens where did that come from?"
"Maulana gets the best deal with a limited number of National Assembly seats - he prefers the Kashmir chairmanship of National Assembly Standing Committee that enables him to get free foreign tours, then he gets federal ministries which are greater than the number of MNAs he brings to the winning party, then..."
"Ah, but as they say in English every dog has its day but that day will wane and that day has waned for the Maulana and..."
"Stop, that proverb is a no-no for Maulana, use another?"
"Why? Oh sorry, I didn't realize..."
"OK, as long as you admit your mistake, going back to Asad Umar he was not responsible because apparently his boss said it would be raining dollars after his plea to non-resident Pakistanis and our foreign friends and..."
"So the ruling party couldn't get it to rain dollars so it started Asad Umar rain?"
"Ha ha, that's politics my friend. But you reckon Umar is responsible for continuing to subsidize electricity as the decision to raise the price was deferred yet again."
"The relevant Minister was in China and..."
"Hmmm, I say potato you say potaato."

Copyright Business Recorder, 2018

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