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,…
Pakistan’s ongoing solar boom is often explained through falling technology costs and abundant sunshine. This narrative is arithmetically correct but philosophically shallow. A deeper explanation emerges when the phenomenon is…
The IMF has unveiled yet another set of conditions under the Extended Fund Facility: asset declarations, corruption action plans, sector studies, sugar-market liberalisation, bond-market diagnostics, new taxes and procedural benchmarks.…
Pakistan stands today at a moment where questions of power, law and governance are no longer confined to constitutional commentary or political theatrics. They now cut directly to the core…
IT was almost exactly three years ago that a paper was published by Moeed Yusuf and his co-author Rabia Akhtar arguing in favour of a pivot away from geopolitics towards geoeconomics as…
IN 1765, undivided India lost its financial sovereignty when Mughal Emperor Shah Alam II granted the East India Company the right to collect taxes (diwani) in Bengal, Bihar, and Orissa.…
In an age of economic disparity, social unrest and climate volatility, the concept of ‘moral economics’ is no longer an abstract philosophical ideal but rather a pragmatic response to a…
While macroeconomic indicators have achieved feeble stability over the past year, on-the-ground conditions remain as hopeless as they were a year ago. There’s abundant rhetoric about increasing exports, but it’s…
The economic journey of Pakistan has recently showed a positive transformation, with macroeconomic indicators reflecting a promising outlook. The fiscal performance for the first nine months of the current fiscal…
The overarching economic strategy of the incumbent government is not quite focused on achieving macroeconomic stability, though that is certainly a stated objective, or to implement pro-growth policies — pledged…
