Politics and economics
This is the first of a two-part series focusing on the symbiotic relationship between politics and economics, with existing literature focusing more on domestic policies premised on globalization representative of…
India’s Modi looks to new economic playbook as risks mount
After world-beating economic growth last year, India’s policymakers are scrambling to head off a sharp slowdown as worsening global conditions and domestic confidence wipe out a recent stock market rally.…
2025: Economic challenges meeting political crossroads
2024 was a year of economic stabilization for Pakistan. Inflation plummeted, the exchange rate showed marginal improvement, and interest rates were nearly halved. However, employment creation and economic growth remained…
This year’s economic scorecard
The year 2024 represents a critical juncture for Pakistan’s economy, characterised by a confluence of significant challenges and emerging opportunities. Throughout this period, Pakistan encountered a range of obstacles arising…
Lack of awareness of IMF conditions
Pakistan’s private sector elite in industry and the farm sectors, major non-institutional recipients of budgeted expenditure and an influence behind the continued reliance on indirect taxes as a revenue source…
Economic repercussions of reliance on cotton imports
Pakistan’s economy is fundamentally rooted in agriculture, with cotton serving as the cornerstone of its agricultural framework and related industries. Cotton is not only essential for the agricultural sector but…
Beyond the economic crisis
PAKISTAN no longer faces an economic emergency as it did last year when it teetered on the edge of sovereign debt default. It has come out of that crisis and managed…
Economic fallout
WHAT happens to an economy when it is hot outside? Globally, record-breaking temperatures have been witnessed in the past few years. There is evidence that heatwaves dampen economic output, causing…
Rethinking agriculture for economic revival
In the last many weeks, I have written in these pages to share ideas for addressing the dire challenges faced by our economy. The government of Pakistan has a choice:…
IMF programme: a mixed bag of economic consequences
In the statement released by International Monetary Fund (IMF) on September 27, it indicated that it had approved a 37-month extended fund facility (EFF) programme, which unlike a very natured…
