AGL 40.25 Increased By ▲ 0.22 (0.55%)
AIRLINK 127.70 No Change ▼ 0.00 (0%)
BOP 6.70 Increased By ▲ 0.09 (1.36%)
CNERGY 4.47 Decreased By ▼ -0.13 (-2.83%)
DCL 8.96 Increased By ▲ 0.17 (1.93%)
DFML 41.50 Decreased By ▼ -0.08 (-0.19%)
DGKC 86.53 Increased By ▲ 0.74 (0.86%)
FCCL 32.50 Increased By ▲ 0.01 (0.03%)
FFBL 65.00 Increased By ▲ 0.97 (1.51%)
FFL 11.61 Increased By ▲ 1.06 (10.05%)
HUBC 113.25 Increased By ▲ 2.48 (2.24%)
HUMNL 14.85 Decreased By ▼ -0.22 (-1.46%)
KEL 5.04 Increased By ▲ 0.16 (3.28%)
KOSM 7.35 Decreased By ▼ -0.10 (-1.34%)
MLCF 40.45 Decreased By ▼ -0.07 (-0.17%)
NBP 61.52 Increased By ▲ 0.47 (0.77%)
OGDC 196.00 Increased By ▲ 1.13 (0.58%)
PAEL 27.38 Decreased By ▼ -0.13 (-0.47%)
PIBTL 7.33 Decreased By ▼ -0.48 (-6.15%)
PPL 154.50 Increased By ▲ 1.97 (1.29%)
PRL 26.35 Decreased By ▼ -0.23 (-0.87%)
PTC 16.20 Decreased By ▼ -0.06 (-0.37%)
SEARL 85.80 Increased By ▲ 1.66 (1.97%)
TELE 7.70 Decreased By ▼ -0.26 (-3.27%)
TOMCL 36.40 Decreased By ▼ -0.20 (-0.55%)
TPLP 8.83 Increased By ▲ 0.17 (1.96%)
TREET 16.74 Decreased By ▼ -0.92 (-5.21%)
TRG 62.99 Increased By ▲ 4.37 (7.45%)
UNITY 28.51 Increased By ▲ 1.65 (6.14%)
WTL 1.37 Decreased By ▼ -0.01 (-0.72%)
BR100 10,131 Increased By 131 (1.31%)
BR30 31,408 Increased By 405.5 (1.31%)
KSE100 95,059 Increased By 867.5 (0.92%)
KSE30 29,527 Increased By 325.4 (1.11%)

Comparing former Governor State Bank of Pakistan Dr Ishrat Husain with former Prime Minister Moeen Qureshi is highly unfair. Qureshi's name was suggested by the then foreign minister and former Finance Minister of PML Sartaj Aziz to the then President Ghulam Ishaq Khan and was accepted by him as well as the Army high command. While Qureshi reached highest position in the World Bank available to a non-American national, Husain was only a country director.
Dr Ishrat Husain has been back from Washington D.C. for last 14 years and has served the country in capacity of Governor, State Bank of Pakistan and later as Dean of Institute of Business Administration (IBA) with distinction. Both jobs are of public service in nature.
One can choose friends but not relatives. Khalil Ahmad is a brother-in-law of Ishrat Husain. His closeness to PPP can be judged from his appointment as Chief Collector Pakistan Customs (Karachi) by the late Prime Minister Benazir Bhutto and later as ambassador-at-large for President Asif Ali Zardari to attract investment from China. Khalil has nothing to show or talk about in both jobs, while Ishrat has been a success in both challenging jobs. Dr Ishrat Husain can only be an effective caretaker Prime Minister if he is accepted by both sides ie PPP as well as PML (N).

Copyright Business Recorder, 2013

Comments

Comments are closed.