PM Shehbaz Sharif and Field Marshal Syed Asim Muni…

The first part of this series argued that Pakistan’s recurring fiscal crises cannot be understood through conventional economic analysis alone. The distinction between public finance and Constitutional Political Economy (CPE) must now be explained. Both examine the role of the state in economic life, but they begin from different assumptions and ask fundamentally different questions. Traditional public finance is primarily concerned with what governments ought to do. In the classical framework associated with Richard Musgrave, fiscal policy performs three principal functions: allocation of resources, redistribution of income and macroeconomic stabilisation. Governments provide public goods, correct market failures, reduce unacceptable inequalities and use taxation and expenditure to promote stability and growth. This framework remains indispensable for analysing budgets, taxes and public expenditure. The International Monetary Fund’s discussion of Musgrave’s framework confirms its enduring influence on fiscal analysis. The difficulty arises when the state is treated as a single, impartial institution pursuing social welfare. In the real world, governments consist of politicians, bureaucrats, legislators, judges, regulators and numerous organised interests. Each operates under incentives and constraints. Political actors do not cease to pursue power, institutional advantage or personal interest merely because they enter public office. A tax system may therefore be inefficient not because its designers misunderstood economic theory, but because inefficiency benefits influential constituencies. An exemption may survive not because it promotes investment, but because its beneficiaries possess political power. Public expenditure may be allocated not according to social need, but according to the ability of institutions and groups to influence the budgetary process. Public finance generally asks: what tax would be efficient, equitable and productive? CPE asks a prior question: what political and constitutional arrangements will cause those in authority to adopt and administer such a tax fairly? This difference emerged most clearly in the work of James M. Buchanan, who was awarded the 1986 Nobel Prize for developing the contractual and constitutional foundations of economic and political decision-making. Buchanan argued that economists must specify their model of politics before recommending policies. They should examine the “constitution of economic polity”—the rules and constraints within which political actors make decisions—rather than assuming that government automatically acts as a benevolent guardian of collective welfare. In The Calculus of Consent, Buchanan and Gordon Tullock applied economic reasoning to collective decision-making. They distinguished between choices made within existing rules and choices concerning the rules themselves. Ordinary politics concerns decisions taken under established constitutional arrangements. Constitutional political economy examines how those arrangements should be designed, whose consent they require and what incentives they create. The distinction may be understood through the analogy of a game. Public finance often studies the moves made by players: whether a tax rate should be increased, expenditure reduced, subsidies withdrawn or borrowing limited. CPE examines the rules of the game: who may impose a tax, who may approve expenditure, how revenues are distributed, what majorities are required, which institutions are accountable and what remedies exist when power is abused. The rules determine the range of possible outcomes. Replacing one finance minister, tax administrator or economic adviser cannot fundamentally alter results if the institutional incentives remain unchanged. Buchanan and Geoffrey Brennan developed this insight further in The Reason of Rules. Their focus was not merely upon particular policy choices but upon the rules governing political and market interaction. CPE therefore does not ask only whether a government policy appears desirable. It asks whether the institutional process through which it is adopted protects citizens against arbitrary, discriminatory or predatory use of power. This approach does not imply hostility towards the state. A capable state is essential for education, healthcare, infrastructure, environmental protection, social security and economic development. CPE merely refuses to assume that state power will automatically be exercised for these purposes. A strong state without constitutional restraints may become strong against ordinary citizens while remaining weak before powerful interests. These insights are neither exclusively modern nor exclusively Western. Centuries before the emergence of public choice theory, Ibn Khaldun analysed taxation as part of the broader rise and decline of states. He observed that governments in their earlier stages could obtain substantial revenues from relatively moderate assessments, whereas later rulers frequently imposed heavier burdens but collected less as incentives weakened, production contracted and coercive expenditure expanded. Arthur B. Laffer subsequently acknowledged that the proposition associated with the Laffer Curve was not his invention and specifically identified Ibn Khaldun as an important precursor. Ibn Khaldun’s contribution, however, went far beyond a relationship between tax rates and revenue: he connected fiscal policy with political legitimacy, administrative expansion, elite consumption and institutional decline. The Constitution of Pakistan itself demonstrates that taxation is not merely an economic instrument. Article 77 provides that no federal tax may be levied except by or under the authority of an Act of Parliament. The provision embodies the constitutional principle that taxation requires lawful legislative authority; it is not simply an administrative technique for raising revenue. Article 160 creates the National Finance Commission and provides the framework for distributing specified revenues between the Federation and the provinces. Article 160(3A) further protects the provincial share by declaring that it cannot be lower than that provided under the preceding Award. These provisions represent a constitutional bargain concerning political authority, federalism and access to public resources. Revenue distribution is consequently not just an accounting exercise. It forms part of the structure of the federation itself. Article 140A requires the provinces to establish elected local governments and devolve political, administrative and financial responsibility to them. Fiscal policy cannot produce accountable public services when decision-making remains remote from citizens and constitutionally required devolution is treated as optional. Articles 37 and 38 contain important commitments regarding social justice, education, economic well-being, reduction of inequality and provision of basic necessities. They are Principles of Policy rather than directly enforceable Fundamental Rights, and Article 30 limits their judicial enforceability. Their inclusion nevertheless demonstrates that the constitutional purposes of revenue collection extend beyond achievement of numerical tax targets. The state collects resources to fulfil social and economic obligations, not

By Engineer Arshad Hameed Abbasi, International Energy, Climate Change and Water Security Practitioner and Engineer Idrees Abbasi, Former Consultant, World Bank,  and Mr. Amjad Butt, Writer; Secretary General, Murree Literary Council, resident of [address].    There is a particular kind of grief in watching an institution outlive its usefulness while still drawing a salary, still cutting ribbons, still issuing degrees that mean less each year they are printed. That is where Pakistan’s higher education system stands today, and it is time someone said so plainly: the paradigm has already shifted, quietly, without anyone in Islamabad’s marble offices noticing. It shifted on YouTube, on TED, on edX and Udemy and Khan Academy, in a thousand free lecture halls that never asked a single Pakistani student for tuition, a hostel fee, or four years of their life. The only people who have not caught up are the ones still running the old one. There is a particular kind of grief in watching an institution outlive its usefulness while still drawing a salary, still cutting ribbons, still issuing degrees that mean less each year they are printed. That is where Pakistan’s higher education system stands today, and it is time someone said so plainly: the paradigm has already shifted, quietly, without anyone in Islamabad’s marble offices noticing. It shifted on YouTube, on TED, on edX and Udemy and Khan Academy, in a thousand free lecture halls that never asked a single Pakistani student for tuition, a hostel fee, or four years of their life. The only people who have not caught up are the ones still running the old one. For decades, the deal offered to a Pakistani student was simple: surrender your time, your family’s savings, and your twenties to a physical campus, and in exchange receive knowledge you could not get anywhere else. That deal is dead. A seventeen-year-old with a smartphone and a working internet connection can now watch a Nobel laureate explain quantum mechanics, follow a structural engineer walk through a seismic design calculation line by line, or sit in on a Stanford lecture on macroeconomics — all free, all on demand, all taught by people who are, in most cases, simply better at their subject than the men and women drawing a professor’s salary in the classroom down the road. The tragedy is not that this content exists. The tragedy is that almost no one in a position of authority ever told the students it was there. For decades, the deal offered to a Pakistani student was simple: surrender your time, your family’s savings, and your twenties to a physical campus, and in exchange receive knowledge you could not get anywhere else. That deal is dead. A seventeen-year-old with a smartphone and a working internet connection can now watch a Nobel laureate explain quantum mechanics, follow a structural engineer walk through a seismic design calculation line by line, or sit in on a Stanford lecture on macroeconomics — all free, all on demand, all taught by people who are, in most cases, simply better at their subject than the men and women drawing a professor’s salary in the classroom down the road. The tragedy is not that this content exists. The tragedy is that almost no one in a position of authority ever told the students it was there. Ask yourself honestly: when was the last time a Vice Chancellor stood in front of a first-year class and said, “Before you trust anything I teach you, go watch the version of this lecture that MIT put online for free, and come back and tell me if I taught it better”? It has not happened, and it will not happen, because the entire architecture of Pakistani higher education depends on students not asking that question. It depends on the fiction that a degree is the same thing as an education, that a seat in a lecture hall for four years is the same thing as understanding, and that an institution’s worth can be measured in acres of campus rather than in what a graduate can actually do when the exam is over and the job begins.Ask yourself honestly: when was the last time a Vice Chancellor stood in front of a first-year class and said, “Before you trust anything I teach you, go watch the version of this lecture that MIT put online for free, and come back and tell me if I taught it better”? It has not happened, and it will not happen, because the entire architecture of Pakistani higher education depends on students not asking that question. It depends on the fiction that a degree is the same thing as an education, that a seat in a lecture hall for four years is the same thing as understanding, and that an institution’s worth can be measured in acres of campus rather than in what a graduate can actually do when the exam is over and the job begins. We do not need to guess what an alternative looks like, because the world has already built it. Universities that were once measured by the size of their footprint are now measured by the depth of their content and the reach of their delivery. Institutions like the National University of Singapore have shown that a compact, space-efficient campus married to serious digital delivery outperforms sprawling, underused infrastructure every time. Meanwhile, in Pakistan, students still find themselves inside partially built mega-campuses, sitting in half-used lecture halls, being taught by professors whose most recent research contribution was a maintenance grant, while the actual global classroom — free, current, taught by the best minds alive — sits one browser tab away, untouched, unmentioned, unrecommended by the very people whose job it was to point students toward it.We do not need to guess what an alternative looks like, because the world has already built it. Universities that were once measured by the size of their footprint are now measured by the depth of their content and the reach of their delivery.

The preceding five parts of this series have argued that elimination of riba cannot be achieved by changing the vocabulary of finance. We began with definition, moved to creation of money, separated transaction deposits from investment capital, examined productive finance based on ownership and genuine risk, and then placed Bait-ul-Mal, waqf, zakat and qard hasan within a wider system of social protection. The final question is no longer conceptual. It is legislative. Pakistan now has a date. The Constitution (Twenty-sixth Amendment) Act, 2024 substituted Article 38(f) with the direction to “eliminate riba completely before the first day of January, two thousand twenty-eight”. The constitutional deadline reinforces the Federal Shariat Court’s 2022 judgment in the Riba cases, reported as PLD 2023 FSC 47. The problem is that a deadline does not itself create a new financial order. The Finance Division’s Post-2027 Financial System in Pakistan contains useful work on Sukuk, liquidity facilities, legislation, safety nets, technology and capacity building. It nevertheless remains a strategy, not a Prohibition of Riba law. More importantly, some of its transitional assumptions sit uneasily with the word “completely”. Majority foreign-owned institutions may decide voluntarily whether to convert; conventional obligations contracted before the deadline may continue according to their terms until maturity; and fresh foreign financing is contemplated through Shariah-compliant modes subject to availability of reasonable options. These concerns are understandable from the perspective of financial stability. They cannot become permanent legal exceptions. Pakistan therefore needs an umbrella Prohibition of Riba Act, enacted well before the constitutional cut-off, accompanied by consequential federal and provincial amendments [Who will draft Riba Prohibition Law? Minute Mirror, April 7, 2026]. Its first task must be the one identified in Part I: define what is prohibited. The law should distinguish a loan or debt carrying a stipulated increase because of time from lawful consideration arising from genuine sale, lease, service, partnership or productive risk. Courts and regulators should be empowered to examine connected contracts as one economic arrangement. A murabaha, ijarah, musharakah or Sukuk should not become immune from scrutiny merely because recognised Islamic terminology appears in its documents. The second requirement is a clear cut-off rule. No bank, financial institution, government agency or other regulated person should be permitted to originate a new interest-bearing financial contract in Pakistan after December 31, 2027. The prohibition must be activity-based, not ownership-based. A transaction cannot change its constitutional character because shareholders of the institution happen to be foreign. This is also the weakness we identified earlier in examining the Government’s strategy paper. Existing liabilities require different treatment. Pakistan cannot simply repudiate sovereign bonds, multilateral obligations or private contracts. That would replace one problem with default, litigation and financial isolation. The law should instead require a complete register of every conventional obligation extending beyond the cut-off: principal, return, maturity, governing law, creditor, refinancing possibility and proposed conversion date. Contracts capable of consensual refinancing should be converted. Those that cannot immediately be altered should continue only under a transparent transitional schedule with definite sunset dates, rather than receiving an indefinite exemption merely because they were signed before 2028. The third issue concerns money itself. Part II argued that commercial-bank money creation is not automatically riba. The power to create purchasing power through credit is nevertheless too important to remain outside reform. Parliament should require a time-bound examination of sovereign transaction money, reserve arrangements and separation of monetary creation from productive financial intermediation. This question should be decided upon economic evidence and institutional consequences, not theological assertion. Part III then demonstrated why payment accounts and investment accounts require legal separation. Money held for immediate payment and nominal safety should not be treated as risk capital. Funds deliberately invested for commercial return should carry transparent exposure to the enterprises and assets from which that return arises. Deposit protection against institutional failure must similarly be distinguished from a State guarantee against every commercial investment loss. The fourth area is productive finance. The law should protect genuine murabaha, ijarah, salam, istisna, musharakah, mudarabah and other permissible arrangements while prescribing minimum standards of ownership, possession, disclosure and risk. Shariah audit should examine economic substance rather than merely documentation. Taxation must also become neutral. Equity participation, leasing and genuine asset transactions should not suffer additional fiscal costs merely because legislation was historically designed around conventional debt. Public finance cannot remain outside this discipline. Government should not treat Sukuk merely as a technique for reproducing conventional borrowing against whatever public assets can be placed in a registry. The official strategy itself proposes an Assets Registry Company and expanded hybrid Sukuk issuance. Sovereign instruments must confer genuine economic rights and corresponding responsibilities rather than provide documentary assets solely to support a predetermined financial return. Fiscal reform is inseparable from elimination of riba. No monetary arrangement can remain sound where governments continuously borrow merely to finance structural deficits. Monetary policy requires the same intellectual honesty. The Government’s strategy envisages Shariah-compliant open-market operations, standing facilities and liquidity arrangements. These are necessary developments, but changing contractual forms will not be enough if their sole objective becomes mechanical reproduction of the existing interest-rate corridor. SBP ultimately needs a transparent post-riba monetary framework explaining liquidity creation and absorption, lender-of-last-resort assistance, foreign-exchange operations and monetary transmission. The fifth element takes us beyond banking altogether. Part V argued that riba flourishes not only because creditors seek gain but also because human beings are compelled by need. A successful transition must therefore strengthen Bait-ul-Mal, professionally governed public waqf lillah, independently administered zakat and revolving qard hasan funds. Essential healthcare, education, disability support and subsistence during genuine incapacity should never become markets for financial extraction. Local cooperative institutions should provide the bridge from protection to participation. The lesson drawn from Rabobank was not that Pakistan should import a Dutch banking model. It was that communities can mobilise their resources and build productive institutions from below. Properly regulated cooperatives can gradually shift economic power away from patrons and concentrated financial interests towards citizens themselves. Governance is consequently as important as Shariah nomenclature. Pakistan

Pakistan has entered a crucial phase in its constitutional and administrative journey. With a population exceeding 250 million, the governance model that served the country decades ago is increasingly being questioned. Recent public discussions, including remarks by Interior Minister Mohsin Naqvi advocating a debate on administrative reforms in light of Pakistan’s growing population, have reignited an important national conversation: Is it time to rethink how Pakistan is governed? In my view, the answer is yes. The real challenge is not simply whether Pakistan should create more provinces. The real challenge is how governance can be brought closer to the people. A modern state cannot be effectively administered through excessive centralization when its population, economy, and urban centers have expanded dramatically over the past several decades. The first and most important reform should be the empowerment of local governments. District administrations, metropolitan authorities, and municipal governments should be given genuine constitutional authority, financial autonomy, and administrative independence. Citizens interact with government primarily through local institutions. Therefore, healthcare, education, sanitation, water supply, transport, municipal planning, and public safety should be managed by empowered local governments rather than through an overly centralized administrative structure. Karachi represents the strongest example of why governance reform has become a necessity rather than a choice. As Pakistan’s largest city and economic engine, Karachi deserves a governance model specifically designed for a modern global megacity. Despite its enormous contribution to the national economy, the city continues to face serious challenges in urban planning, infrastructure, traffic management, public transport, water supply, waste management, and municipal administration. In my opinion, simply placing Karachi under direct federal control would not automatically solve these problems. The federal government already carries enormous national responsibilities, and transferring administrative authority without structural reforms may simply relocate existing governance challenges. Instead, Karachi requires a metropolitan governance model comparable to internationally recognized cities such as New York, where professional city administration, clearly defined institutional responsibilities, strong municipal leadership, effective policing coordination, urban planning, and financial autonomy work together under a comprehensive metropolitan framework. Such a model could improve service delivery while ensuring greater accountability and long-term planning. Governance reform should not stop at strengthening local governments. Pakistan should also seriously consider creating additional provinces wherever there is genuine administrative need, broad public consultation, and constitutional consensus. Smaller provinces can improve administrative efficiency, strengthen regional representation, and make governments more responsive to local communities. More representative provincial structures can also help ensure that the concerns of both urban and rural populations receive greater attention at the national level. Equally important is the devolution of administrative authority to districts and local institutions. Excessive concentration of political and administrative power often limits opportunities for ordinary citizens to influence decisions that directly affect their lives. A stronger local government system would enable communities to participate more effectively in governance while improving transparency, accountability, and public service delivery. This debate should never be viewed as an attempt to weaken Sindh or divide its people. On the contrary, I believe these reforms would strengthen Sindh by ensuring that development and decision-making reach every corner of the province. Whether someone lives in Kandhkot, Larkana, Mithi, Islamkot, Mirpurkhas, Badin, Hyderabad, Thatta, or Karachi, every citizen deserves equal access to quality healthcare, education, infrastructure, clean drinking water, municipal services, and economic opportunities. An equally important aspect of this reform process is public awareness and civic education. Pakistan needs a network of credible academics, constitutional experts, economists, retired civil servants, educationists, and respected members of civil society who can engage directly with communities across Sindh, particularly in rural and underserved areas where access to balanced political information may be limited. Their role should be to explain, in Sindhi and other local languages, the constitutional, administrative, and economic implications of decentralization, stronger local governments, and, where appropriate, the creation of additional provinces. Many citizens hear conflicting political narratives about these proposals. In my view, people should be encouraged to evaluate reforms on the basis of evidence, administrative efficiency, and public welfare rather than fear or political rhetoric. If these reforms genuinely improve representation, accountability, and service delivery, they should be supported regardless of political interests. Ultimately, the objective should not be to benefit any political party but to empower every citizen and ensure that governance serves the people instead of entrenched centers of power. Unfortunately, discussions about administrative reform are often overshadowed by political narratives that generate fear and misunderstanding. In my opinion, governance reforms should be evaluated on their administrative merits rather than through the lens of partisan politics. Citizens should be encouraged to examine whether decentralisation would improve their quality of life instead of viewing every proposal as a political contest. Meaningful reform also requires strengthening independent institutions, ensuring merit-based appointments, improving accountability, and modernising public administration. Whether Pakistan ultimately retains its parliamentary system or chooses another constitutional framework, lasting success will depend upon transparent institutions, professional governance, and effective local administration. Pakistan’s future does not depend merely on drawing new boundaries on a map. It depends upon building a governance system that places citizens—not bureaucracy or political centralization, at the center of public administration. Strong local governments, empowered districts, efficient metropolitan administrations, and, where constitutionally appropriate, additional provinces can together create a stronger federation, a more prosperous Sindh, and a better future for every Pakistani. A prosperous Pakistan will be built not through the concentration of power, but through the fair and effective distribution of power to the people.

By General Ghulam Mustafa (Served in different staff and command assignments, commanded a Corps, raised and commanded Army Strategic Force Command) & Engineer Arshad H Abbasi, Co-founder, Energy Excellence Centres at NUST and Engineering University Peshawar, International Transboundary Water Expert  Prime Minister Sahib, With the deepest respect, and as one voice among the 260 million you lead, we write to you today not to doubt your resolve, but to place before you what we believe you deserve to see in full — because a nation that trusts its Prime Minister also trusts him to be given the whole picture. On August 13, 2026, on the eve of our Independence Day, you stood at the inauguration of the Yadgar-e-Fatah monument in Islamabad and gave voice to what every Pakistani feels in their heart. “I declare in clear terms that every single drop of Pakistan’s water is our red line,” you said, warning that if India “does not come to its senses,” it would be “responded to directly.” We were moved by those words, Sir, as was the nation. It was the latest chapter in a warning you have repeated for over a year, since India placed the 1960 Indus Waters Treaty in abeyance following the April 2025 Pahalgam attack — a treaty that had, for six decades, survived three wars precisely because water was once considered too sacred, too existential, to be weaponized. It is with humility, then, and not with any wish to add to your burdens, that we ask you to consider what has been happening quietly at the river’s source while that red line was being drawn. What Has Been Happening in Ladakh: Almost two and a half months before your Independence Day address, on May 27, 2026, India inaugurated what it proudly called a first: the country’s inaugural Rock Check Dam, built across the Indus itself near Upshi village in Leh district, at 11,400 feet. Built in a mere seven days from 180 metric tonnes of interlocking riverbed boulders, without a gram of cement, it now holds back a 1,500-foot pool capable of storing 40 million litres — roughly 200 acre-feet — of Indus water. We respectfully submit that it may be something more: the opening move of the Sindhu Jal Samriddhi Abhiyan, a Ladakh-wide water campaign launched by Lieutenant Governor Vinai Kumar Saxena. It does not stand alone, Sir. It sits alongside the newly restored 43-kilometre Igoo–Phey canal; the Mahey Tokpo–Raldho canal at 14,000 feet, drawing from Yaya Tso Lake; the Brakdongthang Bodh Kharbu canal in Kargil; solar-powered lift-irrigation schemes at Latoo and Karsha; and Project Him Sarovar, a plan for fifty to one hundred small reservoirs across Leh and Kargil, unveiled on April 10, 2026, to capture glacier melt that would otherwise flow downstream toward us. We ask this humbly: for whom is all this water truly being gathered? Leh district is home to barely 160,000 people. It is also home to the Western Air Command’s most strategically dense high-altitude military footprint on India’s borders — Leh Air Force Station, the newly upgraded Mudh-Nyoma fighter base, Thoise Air Force Station feeding the Siachen front, and the world’s highest airstrip at Daulat Beg Oldi. Add the XIV “Fire and Fury” Corps and the newly raised divisions garrisoning eastern Ladakh, and a different picture may be emerging — one where the deepest beneficiary of this irrigation campaign is not the Ladakhi farmer but the soldier and the forward base that no longer wishes to depend on a single vulnerable mountain road. The massive military presence, characterized by extensive garrisons and airbases in the fragile Siachen and Ladakh regions, acts as a primary catalyst for glacial retreat, directly exacerbating climate vulnerabilities in downstream Pakistan We say plainly, Sir, out of fairness: under Annexure E of the treaty, India is permitted non-consumptive storage of up to 0.40 million acre-feet on the Indus main stem in the Ladakh sector, and a 200-acre-foot check dam, judged alone, is a small thing against that number. Our concern is not any single dam. It is the pattern — check dams, canals, lift schemes, and a hundred small reservoirs, each defensible on its own, together forming a system capable of holding back water at precisely the moment a suspended treaty leaves India no obligation to release it. You declare that Pakistan will not cede a single drop of water, yet the reality is otherwise. The diversion of Indus waters—driven by a stated Indian policy of zero flow to Pakistan—is already underway. Regrettably, your own ministries have taken this matter to global forums, even as the people of Ladakh bravely oppose this very diversion into their fragile permafrost lands.   Respectfully, we also note that your own minister is now questioning the very stability of governance in Pakistan. If that is so, Sir, we urge you—with humility and candour—to look inward before raising your voice outward. And downstream, Sir, is where our entire modern economy waits. Tarbela Dam alone generates close to 4,888 megawatts today, with capacity meant to rise toward 6,418. The 4,500-megawatt Diamer-Bhasha Dam and the 4,320-megawatt Dasu Dam were built on the assumption of a river that keeps flowing. To choke that flow at its source, even gradually, even in the name of a farmer’s canal, is to threaten the affordability of electricity for a nation already straining under its cost — and the food and economic security bound up with it. We wish to be clear: this is not written against Ladakh’s own people, or their right to a better harvest. It is worth remembering, respectfully, that Ladakh’s own most prominent son, the engineer and activist Sonam Wangchuk, our friend too, has spent years warning — through repeated hunger strikes over Ladakh’s fragile ecology and constitutional status — that his homeland’s landscape is being reshaped less for its own people than for priorities decided in Delhi. He has carried that protest in his own body, across multiple fasts since 2024. A Humble Word on Timing- We say this, Prime Minister

Development is the process of creating lasting improvements in the lives of people by addressing their genuine social, economic, and public needs and not merely constructing new infrastructure, completing projects, impressive photographs, or utilising the allocated public funds. In a true sense, the real measure of development is whether the real problem has been solved, and whether the interventions have created sustainable public value and an evident change in social or economic conditions of the society. A project should begin with a clearly defined problem and public need. Its vision, goals, activities, and measurable indicators should follow the problem. In professional project management practices, all these elements are recorded in the planning and design phase. In Pakistan, we have mastered the art of reporting these elements without achieving any meaningful results. Imagine a public park surrounded by a steel fence. Children and families using the park are visible from the road. If funds are available and privacy is the genuine concern, the executing agency can add steel sheets, plant trees, or use temporary screens. Each solution is inexpensive and retains the existing structure. However, if the focus is primarily on expenditure, the agency may remove the functioning fence and replace it with a new brick wall. This may have a longer life, but is not necessarily the most economical or appropriate solution. Considering Pakistan’s fragile economic outlook, many major development projects are financed through foreign loans. Such funds are eventually repaid, often with interest. Money spent on an unnecessary intervention is no longer available for genuine public need. This is a recurring weakness in Pakistan, where success is measured by the money spent, not by the effectiveness of the solution. This recalls Peter Drucker’s observation. “There is nothing so useless as doing efficiently that which should not be done at all.” The continued existence of infrastructure built during the Mughal and British periods is in contrast with contemporary projects, which deteriorate within years. This might be a romantic comparison, influenced by the fact that we see only the structures that survived, but durability and long-term public value are not central to our project culture. The same mindset is evident in urban beautification schemes. Imagine a local government installs a 15-foot-high statue. The project is indeed beautiful and will produce attractive photographs for official reports, but if the same statue is mounted on thoughtfully designed columns, the shaded seating can be utilised by daily wage workers who gather at bus stops, on footpaths, and in other public spaces because no designated facility is available. This is not an encroachment issue, but a planning failure. Planners and designers should use one intervention to achieve multiple objectives. Imagine a decades-old roundabout, with a working fountain surrounded by grass. During hot afternoons, labourers and children visit the site to cool themselves in the fountain’s spray. Officials might consider this behaviour undesirable and wish to block access. They can barricade it through small trees or shrubs, but the typical response will be to uproot the entire structure, construct a new fountain, and replace the grass with artificial green carpet. The public behaviour may reflect the unavailability of affordable recreational areas or public bathing facilities. Yet, the official solution destroys a functioning public asset, removes a natural green area, and spends substantial funds without addressing the underlying need. Needs assessment appears in project reports, but they are rarely conducted with sufficient depth. Imagine a posh housing society, where tubewells were eventually replaced by private borewells. Residents have spent a considerable amount to arrange their own water supply. Now, if any government agency has received funds for water distribution, they should spend it in areas where the people are still digging borewells or have no access to clean drinking water. However, again the typical response will be to spend millions in this posh area, where households have already arranged their own water supply. The fall of the water table is the real problem, which in this case will persist after spending millions. Pakistan has an extensive planning structure, which includes the federal and provincial bodies, planning departments in government organizations, consultants, and project management units. In 2025-26 alone, the National Economic Council approved the national development portfolio of 4.224 trillion. Such substantial expenditure should produce visible and lasting improvement in people live. The problem, therefore, is not insufficient funding, but how projects are identified, designed, approved, and evaluated. The same problem is visible in education, health, and administrative projects. Consider a basic health unit or education facility with a leaking roof. The available funds should be directed to fix the roof. However, funds are allocated to boundary wall, new signage, and in some cases, for an entirely new building. Similarly, for decade, government departments are trying to digitise their operations. For a quick solution, these departments procure specialised softwares, which has high licensing costs, and inadequate training mechanisms. After years of implementation, enforcement, and expenditure, the same departments revert to paper files or to a new software. The first step should be, to strengthen the capacity of all relevant staff in problem identification and root cause analysis. Every project initiation document should clearly identify the problem, public need, examine alternatives, and link the proposed intervention to public value. These elements should always be in quantifiable terms. Moreover, the project indicators should measure the extent to which the problem is solved and the post-completion evaluation should validate the visualized public benefits. Institutions move energetically, spend heavily, and report extensively, but bypass the original problem. Pakistan does not simply need more projects; it needs projects to solve problems; it needs interventions that respond to genuine needs, preserve what already works, and provide sustainable public value. The true measure should not be the amount spent but the resolution of the problem. Unless problem-solving becomes central to planning and evaluation, fund utilisation will continue to be mistaken for development and detour away from progress we seek. Writers  Dr. Sikandar Bilal Khattak  Academician with Research Interest in Sustainable Systems Can be