This is apropos a Business Recorder editorial "Recounting accomplishments" carried by the newspaper recently. According to it, the prime minister must also be made aware that governance remains a serious issue in other public sector enterprises (PSEs) and according to data released by the SBP, the total PSE debt rose from Rs 458 billion to Rs 568.1 billion between 2015 and 2016 and PIA's debt in particular rose from Rs 78.7 billion to Rs 99.8 billion. Fortunately, the prime minister did note with concern the decline in exports and reports indicate that he is consulting with the minister for commerce on ways and means to enhance exports.
That the PML-N government has failed to deliver in relation to PSEs is a fact that has found its best expression in the current status of country's largest manufacturing unit - Pakistan Steel Mills (PSM). Although, PSM is shut for quite some time the federal government has been making salary payments to its employees for no work. The story of some other loss-making PSEs is no different. The government has miserably failed to articulate the required approach to these PSEs in its over three-year rule. Insofar as the slide of exports is concerned, it presents a sardonic comment on the government's so-called accomplishments.
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