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Need for fresh SDR allocation

Last August, the International Monetary Fund (IMF) issued enhanced special drawing rights (SDRs) allocation to the tune of $650 billion to assist countries manage their balance of payments, and make…

Need for provincial asset management companies

During the budget season, there is immense activity in the federal and provincial financial circles attempting to reflect higher revenues and justifying expenditures. Political and sectoral lobbying is at its…

History of interest rates in Pakistan

The State Bank of Pakistan’s (SBP’s) monetary policy is normally a hot topic amongst the investment community and at certain points in time it receives broader media coverage as well.…

How the world has changed—II

The above (carried in the first part of this two-part article) appears to paint a rather bleak picture of the future for investors. However, in the continuum of human history…