Foreign debt burden at heart of Russian economic worries
Looming debt repayments by Russian companies are now central to discussions of Russia's ability to weather the financial shocks caused by low oil prices and Western sanctions, but the picture…
A heavy burden
WITH its onerous burden on salaried employees and those already taxed disproportionately while leaving out the mighty untouchables or substantially reducing government expenditure, the federal budget is hyped as an…
Restore macroeconomic stability to revive private sector credit
Since the 2008 economic crisis, the private sector’s contribution to economic growth has been marginal, replaced in large part public sector projects and CPEC (China Pakistan Economic Corridor). This has…
Some economic advice for the PM
The first thing perhaps that the PM needs to understand is that the over-board monetary austerity – over-emphasis on policy rate to control inflation – is more a cause than…
Export ambitions vs economic realities
While the Government is seeking a 100% increase in exports over the next three years, maintaining even the current level would be miraculous given current economic policies that fail to…
Economic disconnect
As Pakistan’s farmers grapple with the terrible fallout from this year’s crash of domestic wheat prices, the Punjab government’s plan to set up a glass-roof train commuting from Islamabad to…
Navigating economic diplomacy-II
Some scholars argue that investment treaties were signed by developing countries not because they expected any substantial benefits or were somehow pressured into signing them by the developed countries, but…
Navigating economic diplomacy–I
Spiraling electricity bills and the resulting unbearable burden on the ordinary consumers has brought the agreements with the IPPs under renewed focus and the entire blame for the woes of…
Equitable taxation: a precondition for meaningful economic reform
Negotiations with the IMF on the next programme are ongoing, with budget formation being an integral part of the discussions. The government is requesting a full allocation of $7.6 billion,…
Rising US debt burden spooks some bond investors ahead of November election
Investors are bracing for a flood of US government debt issuance that over time could dwarf an expected rally in bonds, as they see no end in sight for large…
