Ed Urdu Meaning File 1st Nov 2023

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Dawn Editorials & Opinions

DAWN
1st Nov, 2023
EDITORIALS

Edited by Hameed
Syed

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Dawn Editorials & Opinions

increased gas tariffs pose a threat to


near-term price stability ‫ استحکام‬and
Monetary policy the current account, but is hopeful
that these risks will be offset (to
Editorial Published November 1, balance one influence against an
2023 opposing influence so that no great
difference results) by fiscal
THE State Bank’s decision to leave consolidation ‫استحکام‬ ‫مالیاتی‬,
the policy rate unchanged at 22pc improvement in the availability of
the second time in a row is in line key commodities, and alignment
with wider market expectations. (arrangement in a straight line or in
Most analysts anticipated ‫ توقع کی‬the correct relative positions) of the
continuation of a tighter monetary interbank and open market
stance, ‫ موقف‬despite the slight exchange rates.
deceleration in inflation, the
contraction ‫ کمی‬in money supply No doubt the current account deficit
growth and improvement in other has narrowed, ‫ کم ہوا ہے‬the exchange
macro indicators. The decision rate improved, the foreign exchange
shows that the monetary authorities reserves position stabilised to some
have adopted ‫ اپنایا ہے‬a cautious extent despite tepid (showing little
stance by keeping “the real policy enthusiasm) external financing, and
rate significantly positive on a 12- fiscal consolidation remains on
month forward-looking basis” to track. But this recovery remains
bring down inflation to the medium- fragile ‫ نازک‬and is unlikely to last
term target of 5pc to 7pc by end without deep structural fiscal
FY25, disregarding demands for the reforms and the realisation of
early initiation of monetary easing. planned external inflows. Recently,
The central bank concedes ‫تسلیم کرتا‬ Goldman Sachs warned that gains
‫ ہے‬that global oil price volatility ‫اتار‬ in the rupee, which has been among
‫ چڑھاؤ‬during the Gaza conflict and the world’s top performers in the
past two months due to the
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crackdown on the illegal dollar ‫ کرنا‬an estimated 1.7m ‘illegal’


trade, will be short-lived given its Afghan immigrants, along with
financing risks as Pakistan has only other undocumented foreigners.
short-term IMF and bilateral Condemnation ‫مذمت‬, criticism and
financing to support the external concern from both within the
balance. The reality is that Pakistan country and abroad have fallen on
still needs $20.2bn, including deaf ears. What will happen to the
rollovers of $12.3bn, to make millions of Afghans who sought
foreign debt payments in the shelter ‫ پناہ‬in a country they had
remaining eight months of the come to call home for decades?
fiscal. Even a small external shock They fled ‫ بھاگ کر‬hostile conditions
can wipe out ‫ مٹا سکتا ہے‬the recent ‫ مخالف حاالت‬back in Afghanistan,
small gains quickly. It is, therefore, where foreign and civil wars, both,
advisable to stay cautious rather were fought over the years, and
than get (swayed to move slowly where a deeply conservative ‫قدامت‬
from side to side) by momentary ‫ پسند‬Taliban regime awaits them
successes. upon return. Fears of persecution
‫ ظلم و ستم‬run rampant among the
Published in Dawn, November 1st, droves (something bad is spreading
2023 widely and out of control among a
lot of people) of Afghans who were
heartlessly provided less than 30
Dark future days to pack up the lives they had
built in Pakistan, some over
Editorial Published November 1, generations. All they have been
2023 allowed to take with them is
Rs50,000 per family. Among those
REFUSING to budge from the Oct to have had it the worst, first in their
31 deadline, which ended last night, country of origin and until recently,
Pakistan is looking to deport ‫جلوطن‬ their country of refuge, are the
Hazaras.
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Their deportation ‫ جالوطنی‬could


disrupt these economic flows and
Major clashes ‫ شدید جھڑپیں‬with the harm businesses reliant ‫انحصار کرتے‬
Taliban when they first came into ‫ ہیں‬on their patronage ‫سرپرستی‬.
power in Afghanistan, drove the Afghans over time also invested in
ethnic minority out, and here too, real estate. Their departure might
they suffered religious persecution, result in a surplus of properties in
،‫ مذہبی ظلم و ستم‬only to be driven out certain areas, potentially affecting
again. The decision has led to property values and the real estate
“harassment, assault, ‫ حملہ‬and market. Furthermore, they have
arbitrary detention ‫ ”حراست‬of played a vital role ‫ اہم کردار‬in cross-
Afghans, according to Human border transportation of goods and
Rights Watch. Even those services. Their removal could
registered with UNHCR (United disrupt supply chains and impact
Nations High Commissioner for the cost of goods, particularly in
Refugees) are not immune and must border regions. The deportation of
bribe their way out. The state, in its Afghans will also likely further
zeal to safeguard security interests, strain relations with Afghanistan
seems to have overlooked the and impact regional connectivity.
significant economic ramifications While the state may have valid
of such an abrupt ‫ اچانک‬exit. The concerns, it must strike a balance
contribution of Afghans to various between national security and the
sectors, including agriculture, preservation ‫ تحفظ‬of economic
construction and informal labour stability and inclusivity.
markets warrant serious
consideration. Many established Published in Dawn, November 1st,
small businesses contributing to 2023
local economies and sent
remittances back home.

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back home. Pakistan cricket has


been nothing short of a circus, with
information and disinformation
Cricket drama spreading like wildfire, thanks to a
plethora of live transmissions.
Editorial Published November 1, Given the team’s earlier losses in
2023 the contest, ‫ مقابلہ‬criticism had been
fierce.
MUCH has happened off the field
in the last few days and much is The PCB decided to act — issuing a
expected in the coming days, but at statement to clarify that it had
least on the pitch, Pakistan showed merely supported captain Babar
no ill effects in the match against Azam and chief selector Inzamam-
Bangladesh yesterday. After four ul-Haq, enabling them to pick the
successive ‫ مسلسل‬World Cup team of their choice. It was the sort
defeats, the cobwebs were finally of statement which exposed the
dusted off (To begin an activity that Zaka Ashraf-led cricket board as
has been suspended for a long averse ‫ مخالف‬to taking any
time)— even as pressure mounted responsibility. Public sentiment
on other fronts, including in the seems to matter a great deal ‫ سودا‬to
form of some distasteful Mr Ashraf, who is nearing the end
manoeuvres by the Pakistan Cricket of his term as interim management
Board. A convincing seven-wicket ‫ عبوری انتظام‬committee chief.
victory over Bangladesh in Kolkata Whether or not he remains PCB
has kept alive Pakistan’s faint hopes chief, depends on the result of the
(very little hope, praise, chance) of election his committee has to hold.
reaching the semi-finals. And yet, A good run for Pakistan at the
while the team turned a corner, it World Cup would have tipped the
would be unrealistic ‫ غیر حقیقی‬not to scales in his favour. Instead, the
expect it to be affected by the events team’s performances have given
rise to claims of a rift between the
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chairman and captain, with former vowed ‫ قسم کھائی‬to return if cleared
skipper Rashid Latif alleging that of wrongdoing in an investigation
Mr Ashraf was not taking Babar’s initiated by the PCB. There is a time
calls. An attempt to refute ‫ تردید‬that for everything, but this was
went horribly wrong, with Mr certainly not the time for domestic
Ashraf forwarding a screenshot of a theatre ‫ تھیٹر‬in the midst of the
conversation between Babar and World Cup.
PCB chief operating officer Salman
Naseer, which was leaked on a Published in Dawn, November 1st,
private news channel. It raised 2023
questions about consent. These
incidents are made particularly
cringe-worthy (making you feel
very embarrassed) by the fact that
the entire drama played out ‫ چال گیا‬in
front of the cricketing world during
the sport’s most high-profile event.
They raise serious questions about
the PCB leadership. An issue over
central contracts, which saw players
unpaid for five months due to
disagreements, was resolved only a
few days ago. The PCB also acted
on reports from certain quarters
claiming favouritism in team
selection, with an alleged link
uncovered between Inzamam and
an agency representing most of the
players. On the eve of the
Bangladesh match, Inzamam
resigned from his position but
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