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Tax bailout for economic revival

According to various Press reports, all businesses in Pakistan, as elsewhere, badly hit by lockdown in the wake of Covid-19 epidemic, are demanding a comprehensive tax bailout claiming that loan…

Economic policy choices beyond…–II

Part I (Economic policy choices beyond immediate crisis - I) of this series highlighted the fact that the recent monetary policy measures are important and necessary to prevent the economy…

Economic policy choices beyond…–II

Part I (Economic policy choices beyond immediate crisis - I) of this series highlighted the fact that the recent monetary policy measures are important and necessary to prevent the economy…

Curtailed Hajj compounds Saudi economic woes

Vacant religious sites. Abandoned pilgrim tents. Lifeless hotels. A stunning emptiness — and fears of economic ruin — haunt the usually bustling city of Makkah after Saudi authorities curtailed the…

The economics of shortages

Shortages that presage a raise in the price of a commodity have become a way of life in Pakistan – shortage of electricity, shortage of gas in the winter months,…

Economic outlook

We were beginning to enjoy a welcome party-like atmosphere, created by slight economic recovery and promising improvement in some high-frequency domestic demand indicators. However, rising external deficits and inflation have…

Economic advice for the PM

The prime minister made a very timely and passionate speech recently at the signing ceremony of performance agreements, which basically will evaluate the performance of ministries. He indicated that it…