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Sajid Gondal
Sajid Gondal
Sajid Gondal is an Islamabad based financial sector journalist. He can be reached at

Sajid's Articles

RAW footprints in Pakistan

India's external intelligence agency, the Research and Analysis Wing (RAW), has long faced allegations of meddling in its neighbors' affairs. "India has always used Afghanistan as a second front against Pakistan. India has over the years been financing problems in Pakistan", said Chuck Hage, the defense secretary (2013-2015), in a written speech at Oklahoma's Cameron University in 2011. Chuck Hagel had served on the US Senate Intelligence Committee before becoming the Pentagon chief. Since, Narendra Modi took over as the prime minister, RAW has stepped up its covert war against Pakistan. Prime Minister Modi appointed Ajit Doval, a well-known hawk, as his National Security Advisor. In the 1990s, Mr. Doval served as an undercover RAW agen...

June 16, 2015 at 9:53 pm | Sajid Gondal

Nepotism; all around at NBP

There is no doubt that relationship matters in career advancement. Especially, in a country like Pakistan, it become difficult for professionals to achieve high rank positions if they don’t have close references, relations or friendships with people at higher levels. It is called nepotism. Nepotism and violation of merit has destroyed our institutions as incapable persons are being appointed on sensitive positions which also involve budgetary authority. National Bank of Pakistan (NBP) is one institution has been suffering due to the manse of nepotism and violation of merit. The State Bank of Pakistan recent inspection report mentioned a number of appointments at senior position in NBP in violation of rules and merit. A few examples are...

February 4, 2015 at 6:09 pm | Sajid Gondal

Caution! Expired dry batteries are flooded in markets

Be cautious while purchasing a dry battery for your uninterrupted power supply (UPS) or solar power system, as an expired, outdated junk of dry batteries has flooded the market in pretext of imported batteries. The manufacturing date on these imported batteries is not mentioned. Therefore, while purchasing, it is utmost necessary for the buyer to check the manufacturing date. The increasing use of UPS and solar power systems in Pakistan has raised the demand for dry batteries which have flooded the markets. Largely, the dry batteries available in markets do not have their manufacturing date inscribed on them. Investigations reveal that some importers are deceiving consumers and local distributors by importing expired/used dry batterie...

August 15, 2014 at 12:12 pm | Sajid Gondal

Zarb-e-Azb wouldn’t just switch militancy phenomenon off – Jan Achakzai

”Jamiat Ulema-i-Islam-Fazl [JUI-F] is a moderate religious political party. We condemn all types of terrorism and extremism and we support government in its endeavor to eliminate terrorism. It is a misconception that JUI [F] is against military operation in North Waziristan, but we are trying to engage government for adopting a comprehensive anti-terrorism policy at state level”, said Jan Achakzai in an exclusive interview with Economic Affairs. You said that JUI F is a moderate political party. How you will define extremism?   Yes, JUI - F is a moderate religious political party. Maulana Mufti Mahmud who led JUI during the 70s played an important role in the formation of 1973 Constitution for Pakistan. The constitution fundamen...

July 13, 2014 at 12:55 am | Sajid Gondal

INTERVIEW: MD USC Khaqan Murtaza

On this particular day in April 2014 I walk hurriedly into a building in Blue Area, which is the head office of Utility Stores Corporation (USC), an organization that operates chain stores throughout Pakistan. The appointment with the Managing Director (MD), Khaqan Murtaza, has been rescheduled due to consumption of the previously appointed slot on his timetable. As I walk into the office, I become acquainted with the MD who is seated across the table with huge piles of paper files stacked on it. The office is set in a total bureaucratic style, very spacious with vast windows overlooking Jinnah Avenue in Islamabad. Buffered between hoarding and profiteering, the USC network is spread across every nook and corner of the country.  It pro...

May 10, 2014 at 3:28 am | Sajid Gondal


Before the start of next winter, Pakistan will start the import of 400mmcdf LNG from Qatar, which will be 25% of our pipeline supply. Though it will not completely fix the gas crises, but certainly would reduce the gas shortage in Punjab as witnessed now, Pakistan Minister for Petroleum and Natural Resources, Shahid Khaqan Abbasi said in an exclusive interview with Economic Affairs. The oil and gas sector outlook 2014 is very encouraging. What special measures and policies have been adopted to attract investment in this area? It is almost after a decade that a proper comprehensive petroleum concession policy has been implemented. I want to make it clear that we have not made any new policy. It is the same petroleum concession policy ...

March 10, 2014 at 8:49 pm | Sajid Gondal