Leadership vacuum crippling industrial policy

The inflation rate has finally slipped back into single digits, and this is genuinely good news. The Pakistan Bureau of Statistics has confirmed that annual inflation fell to 9.2 percent in July 2026, down from 11.1 percent in June. After three straight months of double-digit readings in April, May and June, this drop deserves to be welcomed. It signals that the aggressive monetary tightening and stabilisation measures of the past year are finally showing results. Businesses that had been struggling with unpredictable input costs can now plan with slightly more confidence, and policymakers at the State Bank will have room to consider further easing of interest rates. But the government must resist the temptation to treat this number as a victory lap. A single month of improved statistics does not undo years of erosion in ordinary people’s purchasing power. For the average household in Lahore, Karachi or Peshawar, a fall from 11.1 percent to 9.2 percent is not something felt at the kitchen table. Prices of flour, cooking oil, vegetables and electricity remain far above where they stood two or three years ago. The inflation rate measures the pace of increase, not the level of prices, and that distinction matters enormously to families who are still paying inflated rates for basic goods every single day. The government also needs to be honest about how fragile this improvement is. A large part of the drop is due to the base effect, as last year’s high prices make this year’s comparison look better on paper. Energy prices remain volatile, the rupee is still under pressure, and any external shock, whether from global oil markets or domestic tax measures, could push inflation back into double digits within months. Claiming credit now, without acknowledging these risks, would be premature and would mislead the public about how far there is still to go. Real relief will only come when wages catch up with the cumulative price increases of recent years, when utility bills stop consuming a disproportionate share of household income, and when the cost of food staples becomes predictable again. None of that is reflected in a single month’s inflation reading. The government would do better to treat this figure as a modest and welcome data point, not as proof that the economic crisis facing ordinary Pakistanis has passed. Until people actually feel the difference in their monthly budgets, talk of relief remains premature.

The Sindh cabinet’s decision to keep Dr Nighat Shah on as a professor at Jinnah Sindh Medical University, right after her retirement, and while the same post is already advertised, is a troubling example of a culture this country must abandon. Rehiring retired officials is not a reward. It is a curse. Every time a retired person is brought back through a special order, one door closes for someone else. Younger doctors, teachers, and officers who have spent years waiting patiently in line for promotion suddenly find that the position they worked toward has been given to someone who was supposed to have already left. This is deeply unfair. It sends a clear message to hardworking juniors that seniority, patience, and merit do not matter. What matters instead is influence. This problem is not limited to government departments. Private organisations often do the same thing. A senior executive retires, and instead of allowing a deserving junior to rise, the company brings the retired person back on contract. The result is always the same. Staff morale suffers. Younger employees lose motivation, because they see no real chance of advancement. Over time, these organisations lose their best talent to competitors who do offer growth. This is one of the quiet reasons many institutions eventually decline. We do not doubt that Dr Nighat Shah has had a distinguished career. Her contributions to gynaecology and obstetrics, and to medical education, are acknowledged. But outstanding achievement does not require staying in the same chair forever. A person of her experience can serve the nation in many other ways. She can mentor young doctors informally. She can join advisory boards. She can write, train, and guide the next generation without occupying a post that others are competing for through proper process. The PMDC policy allowing retired faculty to be retained until the age of sixty five is optional, not mandatory. Institutions are not required to use it. The Sindh cabinet should withdraw this order and let the ongoing selection process proceed fairly. Retired professionals deserve respect and gratitude for their service. What they do not need, and what the country cannot afford, is another door closed on the next generation.

The Combined Competitive Examination 2024 was meant to open doors for young Sindh residents seeking government careers. Instead, it has become a symbol of broken trust. Out of more than 4,300 candidates who sat the exam, only 70 passed. This low number alone raised serious doubts. When detailed marks sheets came out, those doubts turned into anger. Candidates found strange errors in their results. A single 100-mark paper in criminology appeared as two papers worth 200 marks. A similar problem showed up in environmental science. These are not small clerical slips. They point to deeper flaws in how the Sindh Public Service Commission handled this process. The protests that followed are justified. Students did not just complain online. They organised sit-ins. They held rallies. They formed the Movement for Restoration of Meritocracy. Their demands are simple and fair. They want the exam cancelled. They want a fresh test conducted properly. They want an independent inquiry into how the SPSC has handled recruitment over the past five years. The legal battle adds another layer of concern. The Sindh High Court suspended the results and asked the SPSC to produce full records. That was a reasonable step toward accountability. But the Federal Constitutional Court later suspended those orders, allowing interviews for the 70 successful candidates to continue. This leaves thousands of young people without answers while the process moves forward around them. This newspaper believes the SPSC owes these candidates transparency, not silence. A spokesperson refusing to comment while the matter sits in court is not good enough. Public institutions exist to serve citizens fairly. When thousands of young people spend years preparing for an exam, they deserve a system they can trust. Sindh’s youth are not asking for special treatment. They are asking for merit to be respected. The government and the SPSC must treat this seriously. An independent judicial inquiry would help restore public confidence. Anything less will only deepen the belief that government jobs go to the connected, not the capable. Young people who play by the rules deserve a system that does the same.

Lahore’s old city is finally getting the attention it deserves. Nawaz Sharif, the three time former prime minister, has now been made chairman of the newly formed board of the Lahore Heritage Area Revival project. He has also been named patron in chief of the Punjab Walled Cities and Heritage Areas Authority. This is a welcome change, and it deserves praise. Earlier, Nawaz Sharif only held the title of chief patron. He could give advice, but he had no real power to act. Now, under a new notification issued by the Punjab government, a proper board has been formed. This board has full executive and administrative powers. This means decisions can be made faster, without getting stuck in bureaucratic delays. This move shows something important. A senior political leader is choosing to give his time and attention to restoring the heritage of his own city. Lahore’s old streets, its Mughal era buildings, its Sikh period structures, and its colonial landmarks carry the memory of centuries. For too long, many of these sites were left to decay. Now, with pedestrian zones planned from New Anarkali to Paan Gali, and from Kacheri Chowk to Neela Gumbad, the old city may finally get the dignity it deserves. Nawaz Sharif has a track record of completing large projects on time. Motorways, roads, and infrastructure schemes from his earlier terms are still remembered today. If he brings that same energy to Lahore’s heritage revival, the city stands to gain a great deal. This is not just about buildings. It is about restoring identity, culture, and pride for the people who live there. This is why other politicians across Pakistan should take note. Every city in this country has its own history, its own old markets, its own forgotten buildings. Karachi, Multan, Peshawar, and Quetta all carry stories that deserve to be preserved. Political leaders in these cities should step forward the way Nawaz Sharif has done for Lahore. Owning a city means more than winning votes there. It means protecting its identity for future generations. At the same time, the federal government must think bigger. If provinces and cities can be revived one by one, the whole country can be revived together. Pakistan does not just need leaders who own their cities. It needs a government that owns the entire nation, its heritage, its people, and its future.

Prime Minister Shehbaz Sharif’s accusation against India is not new. Pakistan has said for years that India supports terrorism on its soil. What makes his latest remarks important is the second part of his message. He asked Afghanistan’s interim government to stop militants from using Afghan land to attack Pakistan. This appeal deserves more attention than it usually gets, and it deserves a firmer follow-up from Islamabad.  The facts are hard to ignore. Pakistan has lost more than 90,000 lives fighting terrorism. The recent killing of a session judge in Mastung shows the threat has not gone away. Balochistan, the province where Shehbaz spoke, has suffered the most. It is Pakistan’s largest province by land but its smallest by population, and it has paid a heavy price in blood for years. Attacks on judges, security forces and development projects like the Karachi-Chaman highway are not isolated events. They form a pattern, and that pattern often leads back to groups operating from across the Afghan border. This is why Shehbaz’s appeal to Kabul matters more than his repeated claims about India. Pakistan has raised the India accusation for decades, often linked to the wider Kashmir dispute between the two nuclear-armed neighbours. That argument is familiar and, fairly or not, has become background noise in the region. But the Afghanistan question is different. It is about a neighbour Pakistan helped support for years, a neighbour that now hosts groups accused of attacking Pakistani soil. Kind words about good relations are not enough. Kabul needs to show real action against these groups, not just accept diplomatic requests politely and move on. Pakistan’s government also needs to be honest with itself. Blaming outside forces is easy. Building lasting peace in Balochistan requires more than statements at a workshop. It requires trust from local communities, fair development, and consistent follow-through on infrastructure promises like the Karachi-Chaman road. The National Finance Commission Award, which Shehbaz also discussed, must actually deliver Balochistan’s fair share of resources. Without that, the sense of neglect that fuels unrest will not go away, no matter how many speeches are made about foreign conspiracies. The prime minister is not wrong to raise India’s alleged role or to press Afghanistan for cooperation. But blaming others cannot be the whole strategy. Real security in Balochistan will come from addressing local grievances at home just as firmly as Pakistan confronts threats from across its borders.

Pakistan does not often receive praise from international publications on economic matters. This time, it has earned it. A US publication has praised Pakistan’s efforts to modernise its financial system, saying the country is steadily strengthening its position in the global digital financial landscape through reforms and technological innovation. This praise is well deserved. This did not happen by accident. It happened because Pakistan chose to invest in digital transformation at a time when many countries are still debating whether digital finance is worth the effort. The article rightly noted that Pakistan has the potential to play a meaningful role in the evolving global digital economy. The publication commended his vision, and for good reason. Building a regulatory system for virtual assets from scratch is not easy. Pakistan needed clear rules, not confusion, and PVARA has worked to provide exactly that. The message is simple: Pakistan must actively position itself within the international digital financial system to benefit from emerging technologies and new economic opportunities. What stands out most is a simple but powerful idea from the article. The future will belong to countries that make swift decisions and implement reforms without delay. This is a lesson Pakistan has learned the hard way in other sectors, where slow decision-making has cost the country valuable time. In digital finance, Pakistan appears determined not to repeat that mistake. The article also makes an important point about how governments must operate going forward. It says governments can no longer rely solely on traditional bureaucratic systems. They must instead adopt the speed, flexibility and innovation-driven approach of technology startups. This is a bold statement, but it reflects reality. Digital finance moves fast, and slow institutions get left behind. Digital assets are becoming the foundation of tomorrow’s financial infrastructure. Countries investing in digital finance today will be better positioned for long-term economic growth and global competitiveness. Pakistan is one of these countries, and that deserves recognition. None of this means the work is finished. The government still has a long road ahead in building trust and expanding financial inclusion. But the direction is right, and this recognition from an international publication confirms that Pakistan’s efforts are being noticed. Pakistan should build on this momentum, not lose it.