Breaking the debt lock
The Annual Debt Review & Public Debt Burden FY2019-20 – a publication from the Debt Policy Coordination Office, Ministry of Finance – reports that the total public debt-to-GDP ratio for…
Breaking the chain of corruption: Part – II
The late prime minister of Singapore, Lee Kuan Yew, largely eliminated corruption from Singapore and thereby transformed it from a third-world to a first-world country. The following are some Yew…
Breaking the IMF cycle
Pakistan has struggled with chronic economic problems and a balance of payments crisis since independence. Its history of such crises and dependence on financial support of the International Monetary Fund…
Serious debt distress facing developing countries
Many of the developing countries are net importers of oil whose price has been rising, only recently to a seven-year high of above US$ 90 per barrel. A February 4…
No debt fictional world
Imagination precedes invention - sure there have been accidental discoveries, but even in such cases, ultimately, someone was pursuing their imagination, albeit for some other objective. To venture a guess,…
No debt fictional world
Imagination precedes invention - sure there have been accidental discoveries, but even in such cases, ultimately, someone was pursuing their imagination, albeit for some other objective. To venture a guess,…
Poorest countries face tough choice over G20 debt relief plan
The world’s poorest countries could soon be facing a tough decision - double up on debt relief from the G20 with the caveat they must default on private creditors, or…
Taxes, debt and apathy – I
Since 1947, Pakistan has been struggling to become a self-reliant economy that can end its dependence on foreign donors that entails with it political subjugation. The challenges at economic front…
Breaking free from the EU
The European debt crisis of 2010, which still has many peripheral nations in its grip and has led to what appears to be a permanent state of fiscal austerity, has…
Bond worth breaking
The Punjab government’s crackdown on brick kilns to stop child labour is no doubt a step in the right direction – though taken quite late. Despite the fact that the…
