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Why Pakistan’s Banking Services Considered Among the Worst Systems?



The Prime Minister of Pakistan, the Governor of the State Bank and other senior government officials often state that the use of cash in the economy is very high. Like previous governments, this government has the first desire to document the economy as soon as possible and to set up an automated system to increase the revenue of the state.

Very few of Pakistan’s population are connected to the banking system. While the rate of bank account holders in the surrounding countries is much higher than ours. The key question here is whether our banking system is capable of handling even this small number.

If we read the newspapers, we often have read commercial news about the billions of rupees profits that banks earn yearly. Banks and other financial institutions in Pakistan, such as national savings, operate under the supervision of the State Bank of Pakistan.

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It is primarily the responsibility of the State Bank of Pakistan to look after some of their performance and the basic facilities available to the public. Almost all banks and financial institutions in Pakistan are making huge profits. Banks heavily charge the public for their services.

The central management of banks is almost autonomous in this regard. Neither the SBP nor the government nor the central bank interferes in its options decisions.

If you go to a densely populated branch of any city in Pakistan, you face a lot of pain. And the work that should be completed in just a few minutes, you have to wait a long time to complete it.

The only reason for the severe staff shortages and inappropriate behavior, in the overcrowded banks, is the lack of qualified and trained workforce. Banks do not meet the required number of staff for a high-profit cycle. If five people provide services to customers instead of two, then why the consumers have to wait in line? On top of that, the SBP is minimizing the working hours of banks.

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Also, it has been observed that the staff of the banks is undergoing severe ill-hearted and they are venting their anger on the customers due to inadequate basic facilities, extensive working hours, overwork, and low pay. It is not known whether the management of the bank conducts any corrective training to enhance the training and working capacity of its staff. We are usually disappointed with the performance of the staff.

As a consumer, we do not understand why banks are short of staff. There is no shortage of manpower in Pakistan and there are a large number of unemployed degree holders looking for jobs in the market and the additional staff salaries have to be paid by the consumers. That is, if the bank has more staff, so that customers do not have to wait five hours for work, and pay the extra staff by increasing the pay for their services. So who will refuse?

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We don’t know whether there is any accountability system in SBP or not. Has SBP prepared any rules and regulations for banks? Is there any rule regarding the space required for a bank branch? What should be the minimum amount of parking space at the branch, shaded seating inside and outside the consumer bank? How many staff must there be for how many customers?

Unfortunately, it seems that either the central bank has not formulated any policy to protect the rights of consumers or SBP management has failed to implement these policies. Things have indeed improved in the last few years. The central bank has allowed a large number of private banks and microfinance banks to operate. Public and private banks have made good investments in their system for modern and automated banking. This has not only reduced the operational cost of banks but also provided better services to the customers. But the queues inside and outside banks and ATMs have increased, not decreased.

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The government and the SBP management need to review their procedures and strategies. For better strategy, monitoring, and accountability, modern and effective methods must be followed. The bank management has to provide better facilities and dignity to the customers as soon as possible. This is not a favor to them from the management of the banks but it is part of their duties.

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The Federal Cabinet Approved the First Political Map of Pakistan Showing IOK as Part of Pakistan



The Prime Minister of Pakistan Imran Khan has released a political map of the country in which occupied Kashmir has been shown as part of Pakistan.

Addressing the nation on state TV, the Prime Minister said that for the first time, a political map of the country is being released which reflects the aspirations of the Pakistani and Kashmiri people and the Kashmiri leadership.

He said that the launch of the political map of the country is the first step towards making Kashmir Pakistan. We will continue to persuade the United Nations that either they recognize this conflict or not, we will continue to work for its resolution.

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The Prime Minister announced that from today onwards, the newly issued maps would be used everywhere, including in the curricula of educational institutions across the country.

“Today is a historic day,” he said. The issuance of this map negates the August 5 move of India in Occupied Kashmir. The map has the support of Pakistani political parties and the Kashmiri leadership and has been approved by the federal cabinet.

Earlier, the federal cabinet approved the release of the political map of the country. For the first time in the history of the country, a political map of the country has been released.

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A meeting of the Federal Cabinet was held under the chairmanship of the Prime Minister in which the Board of Korangi Fisheries Harbor Authority was reconstituted and the Deputy Governor State Bank of Pakistan was approved.

The Cabinet was briefed on the performance of the National Information Technology Board, payment of dues to media houses, and gas distribution projects, while a progress report on institutional reforms was presented.

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CPEC & Chabahar Paving the Way for China’s Supremacy in the Region



The Cold War between the United States and China is still going on and it will go on for a long time until one wins. This war is to gain a hegemonic role in the region as well as in economic superiority. China is rapidly becoming an economic challenge to the United States, and its extraordinary growth has forced the United States to impose economic sanctions on China.

This annoyance of the United States is also an announcement of its undeclared defeat. In such a situation, it was inevitable for China to retaliate, which it did. The US president then made derogatory remarks against China itself. In response, the Chinese Foreign Ministry issued a “shut-up call” to the United States. The United States has banned Chinese technology company Huawei. It made it almost impossible for China to access 5G technology, but the frustration of the US increased when China made it clear to them that it had completed work on 5G technology with its own resources, and the shock of the ban on Huawei could easily be endured. Huawei has also begun to gain a foothold in Asian markets outside of US markets by improving its technology, while a report suggests that Huawei could also benefit from European markets.

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According to US experts, Trump’s poor policies have widened the gap between China and the United States, which does not appear to be closing in the near future. According to them, the United States should have given China a tough time, to improve its trade, to go to more markets, to improve the situation in Africa, and convert it into a market as well. But imposing sanctions in this way will send a message to the world about the weakness of the United States system.

A large segment of the world still believes that the Coronavirus is a product of the US-China war, which is taking its toll on the world. It can be true but what is reality? Its secret will be revealed only after many years. At the moment, the situation is such that China has become a challenge for the United States in the region. The US thought that if it supports India both economically and militarily, it would give China a tough time. But here American research and calculations proved wrong. India could not give China a tough time in any field despite the support of the United States, on the contrary, it began to be alone in the region. A recent example of this is the major developments in Iran, where Iran has sidelined India and started making trade agreements with China.

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According to a recent agreement, China will invest $400 billion in Iran over the next 25 years. Estimate how big this amount is when in 2018, our government needed only $6 billion to avoid default and run the country. The volume of CPEC of Pakistan and China is currently about $65 billion. Chabahar is almost 80 km from Gwadar. It is also a deep water port. Shortly after Pakistan and China launched CPEC, India announced work with Iran on the Chabahar port. India’s real intention was to sit here and promote proxy war in Pakistan and destabilize Pakistan. An example of this is the arrest of Kulbhushan Yadav and his revelations.

Iran was also in the anti-Pakistan camp because of India and its territory was also used against Pakistan. India’s sole purpose in this whole scenario was to use Chabahar to harm Pakistan and CPEC. While this situation was unacceptable for Pakistan, it was also unacceptable for China and that is why after a few years of hard work and backdoor diplomacy, Iran has now shaken hands with China and on the other hand, it has sidelined India from Chabahar projects.

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According to Iran, India’s plan was to increase tensions for Pakistan from Chabahar. India was only talking verbally while Iran was spending money. Investment is a difficult task for Iran, which is mired in global sanctions. Therefore, keeping in view the situation, Iran has sidelined India and preferred friendship with China. Due to this situation, the Modi government in India is also being severely criticized that India has spoiled relations with its neighbors at the behest of America, while America has a history of not being anyone’s friend and it uses countries for its own purposes regardless of color, race, religion.

Recently, Iran’s ambassador to Pakistan has sharply criticized India without naming it. He said that when a country is reluctant to maintain relations with Iran and needs the permission of other countries for its normal relations, it is clear that it is not capable of long-term planning and implementation. He made the statement in view of the lack of seriousness of India’s Chahbahar to Zahedan rail project, in which India has been making statements, but in practice, it has done nothing.

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It is also clear that a new alliance is being formed in the region comprising China, Turkey, and Russia, which will include key countries in the region, including Malaysia. Pakistan is naturally present in this alliance because of Turkey and China and now Iran’s participation will further strengthen this alliance. However, due to US conspiracies, relations between Pakistan and Iran have not been good for a long time. Pakistan and Iran have been in separate camps since the Soviet war. Pakistan’s relations with Arab countries have also played a role in spoiling relations with its neighbors and on the other hand, the proxy war has left no stone unturned. The two countries have a long history of suffering, but now that China is investing heavily in Pakistan and Iran, so it is time for the two countries to mend their diplomatic and trade ties.

On the one hand, Pakistan can benefit from Chabahar, while Iran can also benefit from Gwadar and CPEC. India’s influence is also disappearing from Iran, so now Pakistan will also deal with Iran in different ways. As far as Saudi-Iranian relations are concerned, this ideological Cold War began after the Rightly Guided Caliphs, and will probably continue in the future. Therefore, the two countries must accept each other, respect each other’s religious views and, most importantly, get out of the abyss.

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China is a strategic partner for Pakistan but on the other hand, it needs to be made with the United States as well. Iran is Pakistan’s neighbor and on the other hand, Pakistan has to maintain relations with Saudi Arabia. It is a double-edged sword in diplomacy that is extremely difficult to wield. But if Pakistan learns to wield this sword successfully and if we learn to balance relations, it will be a great achievement not only for Pakistan but for the region.

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Celebrities & Glamour

Police Brutally Tortured Iqrar ul Hassan & other Team Members of Sar-e-aam [Watch Video]



According to the reports, Iqrar-ul-Hassan, the anchorperson of private TV program Sar-e-aam, was attacked and tortured by the Hyderabad Police. It was reported that the SHO of the Police Station slapped and tortured Iqrar-ul-Hassan.

According to details, Team Sar-e-aam had conducted a sting operation against criminals within the limits of Hyderabad’s Hatri police station, after which SHO Farooq Rao, along with other police personnel, tortured Iqrar ul Hassan and other members of Sar-e-aam team, and tried to lock them in a room.

According to the report of ARY News, the team had carried out a sting operation against the patronage of criminal elements of the concerned police station, on which the SHO of the police station beat Iqrar ul Hassan. According to the report, the police personnel used to take bribes from the vehicles of Gatka and Mainpuri.

ARY also aired footage of the incident, which clearly showed plainclothes policemen slapping Iqrar ul Hassan and trying to lock him in a room.

It may be recalled that in the last few days, Iqrar-ul-Hassan had said in his video message that he was receiving death threats.

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