Economic emergency
FOR most Pakistanis, the prevailing economic conditions have unleashed unprecedented hardship. Steep power tariffs and high fuel costs have made everything expensive. Even the basic necessities are now beyond the…
Pakistan’s economic potential
AS Pakistan approaches its 75th independence anniversary, it is sad to witness the economy again mired in difficulties. One could argue that it’s a global phenomenon, with Covid-19 and the…
Economic governance framework
BEFORE proposing solutions to the economic governance challenge, it is useful to briefly review the current position. Loans, deferred payments, lowering currency value etc can give temporary relief but it…
Effects of culture on economic outcomes
One of the recent, lesser discussed occurrences that could affect Pakistan’s future economic trajectory is the (unannounced) decision by the UAE government to dissuade Pakistani males, above 40 years of…
Pakistan’s weak economic growth outlook
The July update of International Monetary Fund’s (IMF’s or simply Fund’s) flagship report, titled ‘World Economic Outlook’ (WEO) projected Pakistan’s economic growth rate for fiscal year (FY) 2023-24 stood at…
The macroeconomics of electricity tariffs
In Pakistan, the landscape of power tariffs is shaped significantly by the framework of Power Purchase Agreements (PPAs) and is directly connected to macroeconomics. Under these agreements, the costs associated…
Claims of economic improvement
The narrative of the stakeholders today is that there has been a noticeable uptick in various macroeconomic indicators – those that relate to the productive sectors (agriculture, industry), those that…
Pakistan’s promising economic outlook
The finance division’s ‘monthly economic outlook report’ for the month of November reveals that Pakistan’s economy is on a gradual but promising path of recovery. The country has witnessed a…
Mixed economic trends
The first five months of 2023-24 have witnessed upturns and downturns both globally and within Pakistan. There was earlier some evidence that the world economy was on the recovery path,…
Comparing economic performances
PEOPLE often ask which political party has the best track record of managing the economy and producing the best results. It is a tricky question to give a straightforward answer…
