Breach of Contract Costs Pakistan’s Impoverished Government

Pakistan’s inability to recognize the sanctity of contracts has led Pakistanis to bear the burden of having to pay for the follies of their leaders. The government of Pakistan is paying US $ 28.7m from the national treasury to a US-based asset recovery firm Broadsheet LLC because Pakistan reneged on a contractual agreement.

As a Dawn editorial notes, this is “a familiar story of official incompetence, poor judgement, irresponsible handling and shoddy legal defence leading to a steep cost being paid by the country.” If this were simply “a one-off issue” then one could dismiss it, but this is instead a trend. “There is a long list of cases where Pakistan has lost in international courts and is either appealing the judgements or negotiating with the aggrieved party on the amount to be repaid.”


Prime Minister Imran Khan had promised to fix the broken system but looks like once again, “No one will be held accountable for the steep cost that Pakistan has been compelled to pay for official incompetence.”

Author: Nida Paras

Latest articles

Callous Pakistan Government Fails to Get Covid Vaccines For Its People

Every government around the world is trying to ensure they have enough vaccines for their citizens. The Government of Pakistan had promised that they...

Imran Khan’s Lack of Empathy Highlights Hazaras’ Plight

The recent killing of 10 Shia Hazara miners and the lack of sympathy expressed by Pakistan’s prime minister is not just sad, it is...

Denial and Lies Will Not Fix Pakistan’s Battered Economy

Pakistan’s economy has often faced crises but for the last 2.5 years, ever since Prime Minister Imran Khan’s PTI led government came to power,...

ISIS Kills More Shias in Pakistan But What is Govt. Doing to Stop it?

The Islamic State has claimed responsibility for an attack on Sunday January 3 targeting Shia Hazara miners in Mach coal field, 100 miles from...

Related articles

Leave a reply

Please enter your comment!
Please enter your name here

Author: Nida Paras