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Interest rates: no more room for tightening

Interest rates in Pakistan are almost at historic highs and still the country is running negative real rates on both current and forward-looking inflation. Some believe that the interest rates…

National economic interest

National interest is the “interest of a nation as a whole held to be an independent entity separate from the interests of subordinate areas or groups and also of other…

Accommodating local interests

Pakistan has considerable reserves of mineral and gas resources which have not been utilised for a variety of reasons, perhaps mostly political. The country is currently suffering from a gas…

Commercializing Pakistan Railways — I

Pakistan Railways (PR), a State-Owned Enterprise (SOE) under the Ministry of Railways (MoR), which has been working as a natural monopoly has not been able to pay adequate attention to…

Commercializing Pakistan Railways — II

A ‘line-of-business’ structure is generally adopted by commercial railways to align markets in the rail industry towards achieving utmost customer- both passenger and freight related- satisfaction. Under this structure, while…

Interest-ing

Let me begin with a bit of reverse bragging; I am not a foreseer, so don't believe everything that appears in this column; the sole objective here is to make…