High on CPI but not completely clean
Deadly drugs are produced clandestinely in many parts of the world because they are in great demand in the rich countries. Similarly, corruption is thriving unabated universally including in developing…
CPI and the policy rate
The base of an index plays a critical role in its measurement. The longer a base is retained, the more distant it becomes from the start. This is all the…
Symbolism of the CPI score
Berlin-based Transparency International (TI) launched its annual Corruption Perception Index 2015 on January 27. The index ranks countries on the basis of perceptions regarding incidence of corruption in the public…
A fiscal system in denial
As of May 2025, Pakistan’s tax collection crisis has deepened. The Federal Board of Revenue (FBR) has fallen short of its revised annual target by Rs1.03 trillion – a staggering…
Policy issues in the EFF programme – II
In addition, lack of adequate regulatory capacity means that it is very likely, as has been the case in real markets, for example, agriculture, left to market forces without adequate…
AI against corruption
Corruption continues to be one of Pakistan's most pressing issues, undermining governance, slowing economic growth, and eroding public trust in state institutions. Transparency International annually releases the Corruption Perceptions Index…
MPC meeting: navigating between disinflation and external fragility
Monetary policy decision is due today. Three macro variables are making a compelling argument for a big rate cut. These include sharply falling headline inflation, consistently running primary fiscal surplus,…
Private colleges oppose PMDC’s Rs1.8m fee ceiling
While the Pakistan Medical and Dental Council (PMDC) has capped the annual fee for medical and dental colleges at Rs1.8 million, allowing a five per cent increase for the 2025…
PMDC caps fee of medical, dental colleges at Rs1.8m
The Pakistan Medical and Dental Council (PMDC) has capped the annual fee of medical and dental colleges at Rs1.8 million with a 5 per cent increase for the 2025 session. Institutions,…
On the path of stabilization
Pakistan’s economy, long buffeted by structural flaws, cyclical shocks and political instability, is presently showing signs of cautious revival following a period of extraordinary difficulty. The currency has regained marginal…
