AGL 40.10 Increased By ▲ 0.10 (0.25%)
AIRLINK 130.55 Increased By ▲ 1.02 (0.79%)
BOP 6.84 Increased By ▲ 0.16 (2.4%)
CNERGY 4.61 Decreased By ▼ -0.02 (-0.43%)
DCL 9.00 Increased By ▲ 0.06 (0.67%)
DFML 43.30 Increased By ▲ 1.61 (3.86%)
DGKC 84.19 Increased By ▲ 0.42 (0.5%)
FCCL 33.05 Increased By ▲ 0.28 (0.85%)
FFBL 78.22 Increased By ▲ 2.75 (3.64%)
FFL 11.78 Increased By ▲ 0.31 (2.7%)
HUBC 110.85 Increased By ▲ 0.30 (0.27%)
HUMNL 14.56 No Change ▼ 0.00 (0%)
KEL 5.68 Increased By ▲ 0.29 (5.38%)
KOSM 8.29 Decreased By ▼ -0.11 (-1.31%)
MLCF 39.81 Increased By ▲ 0.02 (0.05%)
NBP 61.40 Increased By ▲ 1.11 (1.84%)
OGDC 200.06 Increased By ▲ 0.40 (0.2%)
PAEL 26.80 Increased By ▲ 0.15 (0.56%)
PIBTL 7.80 Increased By ▲ 0.14 (1.83%)
PPL 160.50 Increased By ▲ 2.58 (1.63%)
PRL 26.81 Increased By ▲ 0.08 (0.3%)
PTC 18.75 Increased By ▲ 0.29 (1.57%)
SEARL 83.51 Increased By ▲ 1.07 (1.3%)
TELE 8.19 Decreased By ▼ -0.12 (-1.44%)
TOMCL 34.49 Decreased By ▼ -0.02 (-0.06%)
TPLP 9.13 Increased By ▲ 0.07 (0.77%)
TREET 17.04 Decreased By ▼ -0.43 (-2.46%)
TRG 59.81 Decreased By ▼ -1.51 (-2.46%)
UNITY 27.93 Increased By ▲ 0.50 (1.82%)
WTL 1.43 Increased By ▲ 0.05 (3.62%)
BR100 10,557 Increased By 150.2 (1.44%)
BR30 31,999 Increased By 285.8 (0.9%)
KSE100 98,469 Increased By 1140.2 (1.17%)
KSE30 30,655 Increased By 462.7 (1.53%)

Karachi seems to have attracted the incumbent government's attention in a meaningful manner. Presenting the Fiscal year 2018-19 federal budget, the newly-appointed finance minister Miftah Ismail said, among other things, that "PML-N government after coming to office in 2013 successfully restored law and order in Karachi giving confidence to the business community and rejuvenating economic activity there. The Lahore, Multan metros were built by provincial funds, however, the Green Line Rapid Transit System in Karachi is being funded by the federal government. In the current financial year, Rs 16 billion have been spent on this project. The road and bridges are ready, but the provincial government has not yet been able to issue contract for procurement of buses. On behalf of the federal government, I am today offering that if Sindh government is unable to get buses for Karachi, the federal government will do so."
That Karachi has come under PML-N's sharper focus is a fact. That is why PML-N has been seeking to get a couple of National Assembly seats in the July 2018 elections. The PPP Sindh government must not show any complacency towards Karachi as it, too, is looking forward to increasing the number of its National Assembly and provincial assembly seats in urban Sindh, particularly Karachi.

Copyright Business Recorder, 2018

Comments

Comments are closed.