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Budgetary framework in IMF programme

The IMF Programme which remained suspended for almost one year has become operational once again. Effectively the Programme has entered the period of the Sixth Quarterly Review up to the…

Sequencing Issues

Sequencing issues

For sometime now, the indicators of growth and investment appear to have acquired permanence at a low level of equilibrium. Compared with growth rates of 5.5pc throughout the 1980s and…

Competitive power market – II

Nepra (National Electric Power Regulatory Authority) plans to revisit its determination and a reasonable mid-way solution can be found. There is a USAID study carried out by independent consultants, which…

GIDC: Controversy And Solution

GIDC: controversy and solution

Perhaps the government underestimated the potential of the controversy the GIDC carried. While the government withdrew the GIDC ordinance within days of its promulgation, the hurried manner in which it…

Poor reality, poor image

Every Pakistani has, at some point or another, expressed his or her frustration with the country’s poor image. Millions of Pakistanis work all over the world and have built a…

How to make a budget transparent

Karachi is a happening place, and on my recent visit there, I had the opportunity to attend two events that may be of interest to my readers. Ishaque Soomro, a…

The enemy is poverty

While world leaders are busy fighting wars, no one is paying attention to an important cause: alleviating poverty to advance the cause of human development. We need governments to come…

Existential threat

As the country gears up for the general elections in February, formidable internal and external challenges await the new government to be voted into power. Internally, besides the restoration of…

The caretakers are better

It has been a quiet period under the caretaker government. No dramas, no brash claims, no heated accusations and, surprisingly, a rupee appreciation against the dollar. Pakistan’s economy is however…