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New economic data: What does it tell us?

Taking a break from our series on Short- and medium-term economic challenges, we reflect on the new information released for the month of July and a critical data relating to…

China’s growth data may mask economic risks

China's GDP growth may be significantly slower than official estimates suggest and its economy more vulnerable to external shocks than widely believed, a global business think tank has warned. Data…

The case for data integrity

The recent admission by the Pakistan Bureau of Statistics (PBS) regarding discrepancies in trade data and its subsequent efforts to reconcile figures through the Federal Board of Revenue (FBR), Pakistan…

‘Economic Resilience Act’ — II

Within economy, relegation of Ministry of Finance (MOF) to purely financial matters, and instead forming a ‘Ministry of Economy’ (MOEC) as the main ministry for the overall economic policy. Moreover,…

Updating the data ecosystem

Pakistan continues to struggle with its global perception, not only because of the economic and governance challenges it faces, but also because of the way it presents itself through data.…

Rewriting Pakistan’s economic destiny

There comes a time in a nation’s history when mere survival ceases to be a virtue and becomes a verdict. When continuity without reform is not resilience, but retreat. Today,…

Defence and data

The determination of Pakistan’s defence budget should be guided by a mathematical, data-driven approach. This approach should rest on three pillars: optimising limited resources, quantifying threats, and balancing strategic trade-offs.…

New economic frontier

For decades, Pakistan’s government and bureaucratic systems have been viewed as mired in red tape and resistant to innovation. The country’s administrative machinery, both within and from outside the country,…

Pakistan’s economic strategy

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…