One who has led this commission is very impressive and progressive mind in Pakistan. He revolutionized State Bank of Pakistan. His report and recommendations will definitely bring a positive change. It was the need of hour to reform this system.
And the one to whom this report has been submitted is again a landmark in our country. He is person of good repute and his credibility is laudable. We except good response from him too. There are only few visionary persons in our machinery and Dr. Ishrat Hussain, Dr Abdul Hafeez Shaikh are in that lot.
These steps will curtail corruption rate, bring brilliant minds in mainstream, create competition in system, and bring transparency & accountability. These reforms will attract those competent minds which used to avoid bureaucracy only because of its outdated working and less rewarding job. Government will be saving billions of rupees which are embezzled, and will be incurring lesser burden on the budget in the shape of these incentives. As per cost benefit analysis government and public will be in net benefit.
Regards
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