Dawn Editorials 27 April 2021

Dawn Editorials & Opinions
27th April
DAWN
2021
EDITORIALS
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the talks went into higher gear

when the Indian side approached
‫ قریب آگیا‬the Pakistani government
for a deeper engagement. The
Pakistani leadership responded
favourably, ‫ مناسب طور پر‬and as a
result, a number of confidence-
building measures have come to
the fore, including a ceasefire
agreement at the Line of Control.
Pakistani officials say there is a
Quiet diplomacy – Newspaper –
genuine desire to move towards a
DAWN.COM
peaceful resolution of disputes in
Editorial 27 April 2021 order for Pakistan to achieve
internal and external stability. So
IT has now been confirmed that far the talks are being held between
officials from the Pakistani and senior intelligence officials from
Indian governments are engaged in both sides. It is said that relevant
quiet talks aimed at ‫جن کا مقصد‬ experts ‫ متعلقہ ماہرین‬may join these
reducing tension in the region and talks once the agenda moves on to
resolving outstanding conflicts specific items. For now, these are
‫تنازعات‬, including the core issue talks about talks..
‫ بنیادی مسئلہ‬of Jammu and Kashmir.
According to a report in this But they should be welcomed.
newspaper, officials have Pakistan and India cannot afford to
confirmed that the two adversaries go to war and the lesson of 2019 is
‫ مخالفین تین‬have been holding a that both are closer to a conflict
backchannel dialogue t since 2017. than they might want to admit. The
However, in December last year, only way to ensure a conflagration
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‫ تصادم‬does not break out is to make that other political parties are
a genuine and sincere attempt brought into the loop. There should
‫ مخلصانہ کوشش‬at resolving disputes be a broad consensus ‫اتفاق رائے‬
that can potentially ‫ممکنہ طور پر‬ across the political spectrum ‫سیاسی‬
trigger a conflict ‫تنازعہ کو جنم دے‬ ‫ منظر نامہ‬on this strategic initiative
‫سکتا ہے۔‬. However, both Islamabad so that it does not fall victim to
and New Delhi have been down petty ‫ محض‬politicking.. ‫سیاست کی‬
this path numerous times before, ‫نظر‬
with very little to show for it. The
lessons learnt, if any, are that the In addition, past lessons also tell us
two sides should move gradually that such major policies should not
and not rush into solutions. There be confined to individual decision-
are strong and influential lobbies makers but should have a buy-in
‫ بااثر البی‬on both sides that can act ‫ قبولیت‬،‫ منظوری‬from all relevant
as spoilers. ‫ خراب کرنے والوں‬It is institutions ‫ متعلقہ ادارے‬so that they
therefore reasonable for these talks do not remain dependent on
to remain quiet and discreet ‫محتاط‬ personal priorities. The present
till there is enough confluence of leadership that is piloting ‫چال رہی‬
positions that can be brought into this new, bold and timely move to
the glare ‫ نظروں کے سامنے‬of the give peace a chance should invest
public. In Pakistan, past attempts time and effort in forging ‫ تیار کرنا‬a
have floundered ‫بھڑک اٹھی ہیں‬ broad consensus around this policy.
because of differences of approach South Asia deserves a better
between the civil and military future..
leaderships. If the current talks Published in Dawn, April 27th,
have to be meaningful, it might be 2021.
important to ensure not just that
Rawalpindi and Islamabad are in
lockstep, ‫ قدم سے قدم مال کر‬but also
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‫ کٹاؤ‬forex reserves ‫زرمبادلہ کے ذخائر‬.

Certainly, the surplus of $959m in
the first three quarters of the
present fiscal year is a significant
improvement over the deficit of
$4.147bn a year ago. But we need
to pause here and consider the
factors that have contributed
majorly to the current account
surplus and analyse the recent
emerging trends that may reverse
the situation going forward. The
surplus achieved so far can largely
be credited to the increased inflow
of dollars in the shape of
remittances ‫ ترسیالت زر‬and exports
of IT services through formal
banking channels in recent months,
Misplaced euphoria – Newspaper mainly because of international
– DAWN.COM travel restrictions related to Covid-
19 and improved compliance ‫تعمیل‬
Editorial 27 April 2021 with FATF conditions. Likewise,
the restrictions are also attributed
THE government is in a state of
to decreased dollar outflows ‫بہاؤ‬
euphoria ‫ جوش و خروش‬and is citing
with fewer Pakistanis travelling
the current account surplus as a
abroad for leisure ‫سیر و تفریح‬,
successful attempt at stabilising the
business or pilgrimage. ‫حج عمرہ‬
economy ‫ معیشت کو مستحکم کرنا‬and
‫ وغیرہ‬The question is whether these
plugging ‫ روکتے ہوئے‬the erosion
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inflows will be sustained once the direct investment ‫براہ راست غیر ملکی‬
world returns to normal.. ‫ سرمایہ کاری‬plummets ‫ گر جاتی ہے‬by
35pc, equity investors ( Equity
We also need to take into account investors are people who invest
the returning trend of the current money into a company in exchange
account deficit since December. for a share of ownership in the
Even though the cumulative deficit company) pull out their money
‫ مجموعی خسارہ‬during the last two from stocks, foreign debt payments
months has shrunk to just $78m jack up ‫ تیزی سے اضافہ‬and outflows
from $854m in December and of amortisation ‫ قرضوں کی واپسی‬and
January — again because of rising other transactions grow. Thus the
remittances and IT exports — it overall balance-of-payments
depicts an emerging trend on the position, though improved, remains
back of augmented ‫بڑھی ہوئی‬ delicate ‫نازک رہتا ہے۔‬. The
imports of oil, machinery, steel government needs to look at the
products and raw material as the whole picture rather than focusing
economy picks up. Moreover, the on just one aspect. ‫ ایک پہلو‬A stable
food import bill is also spiking external sector demands that the
‫ اضافہ ہورہا ہے‬owing to domestic government take urgent action to
wheat and sugar shortages. On the fix agriculture, loosen the noose
other hand, the country’s exports ‫ گرہ کھولنا‬around the economy to
are slow to grow and unlikely to help growth, and develop industrial
cover the rise in the import bill infrastructure to attract foreign
anytime soon. That is not all. The investors and boost exports..
financial account of the balance of
payments, which had been in Published in Dawn, April 27th,
surplus since July, has again turned 2021.
into a deficit of more than $1.4bn
in the last three months as foreign
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MANY would say that the Pakistan

cricket team is synonymous ‫مترادف‬
with ‘unpredictability ‫’’ غیر متوقعہ‬.
Certainly, their sketchy
performance against the lowly
ranked Zimbabwe in the recent T20
series held in Harare reflects this.
The three-match series that went
down to the wire ‫ آخری لمحے تک‬saw
Babar Azam’s men win by the skin
of their teeth ‫ بہت مشکل سے‬as they
struggled to post competitive
scores on the board. They even got
dismissed inside 100 runs once.
This performance was in sharp
contrast ‫ تیز برعکس‬to their fine
display against a much stronger
South Africa just two weeks ago;
the Green Shirts had clinched ‫لگے‬
‫ چمٹے ہوئے‬،‫ ہوئے‬back-to-back ODI
and T20 series. Both critics and
fans had predicted ‫ پیش گوئی کی تھی‬a
3-0 whitewash for Pakistan against
the 11th-ranked Zimbabwe, though
T20 series win – Newspaper – they ought to have realised ‫انہیں‬
DAWN.COM ‫ احساس ہونا چاہئے‬that consistency
‫ مستقل مزاجی‬has never been the
Editorial 27 April 2021 hallmark ‫ طرہ امتیاز‬of Pakistan
cricket teams. Pakistan’s
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overdependence ‫ زیادہ انحصار کرنا‬on According to experts, Pakistan has

skipper ‫ کپتان‬Babar Azam’s and not progressed as they should have.
wicketkeeper-batsman Mohammad The side is still stuck in the 1980s
Rizwan’s form for most of their style of cricket, wasting too many
victories ‫ فتوحات‬in recent months scoring opportunities and lagging
was once again evident ‫واضح‬ behind ‫ اور پیچھے رہ گیا‬due to their
against Zimbabwe. None of the inability to develop pinch hitters
other batsmen made an impression ‫ اچھے متبادل کھیلنے والے‬who could
while the bowlers, too, failed to quickly change the complexion
pose any real challenge to the ‫ صورت‬of a match. A change of
opposition. Though Hasan Ali’s mindset, therefore, is imperative
four wickets in the last game was ‫ ضروری‬،‫ الزمی‬if Pakistan is to be
indeed a match-winning effort, all counted among the major
in all Pakistan failed to get their act contenders ‫ مقابلہ کرنے والے‬for the
together as a team which should be World T20 title later this year..
of serious concern ‫شدید تشویش ہونی‬
‫ چاہئے‬to the team management and Published in Dawn, April 27th,
the Pakistan Cricket Board.. 2021.
Given their chequered form ‫اتار‬

‫ چڑھاؤ او والی پرفارمنس‬and brittle
‫جلدی سے توڑ پھوڑ کا شکار ہونے والے‬
nerves in pressure games, the team
may not stand a chance against
leading teams such as England,
Australia and India that have
formidable ‫ مضبوط‬squads and have
taken limited-overs cricket to a
different level altogether.
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Dawn Editorials 27 April 2021

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Dawn Editorials & Opinions

the talks went into higher gear

‫ کٹاؤ‬forex reserves ‫زرمبادلہ کے ذخائر‬.

MANY would say that the Pakistan

overdependence ‫ زیادہ انحصار کرنا‬on According to experts, Pakistan has

Given their chequered form ‫اتار‬

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