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October 31, 2008

THINGS on the financial front are going a bit awry. And the government is looking bad. The National Assembly Standing Committee on Finance and Revenue, therefore, has summoned the usual suspects, the previous regime, to appear before it and give certain explanations. These include the former Prime Minister, his principal finance advisor and the Ministers of State for the said ministry. Saying that the incumbent government is absolving itself of all responsibility would be a cheap shot. All public policy issues, from law and order to irrigation, can have ripple effects till many years later. But the national economy is a sector where decisions really do go a long way. It would be reckless, therefore, to pin the current muck on the coalition.

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