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Economic indicators in July 2022

The first month of 2022-23 which has just come to an end presents a mixed picture. Perhaps the most positive development is the big containment in the trade deficit during…

ARTICLES What do economic indicators say?

Briefing the Cabinet meeting this week in Islamabad, the Secretary of Finance told the cabinet that the country has achieved a stabilized economy with the gross domestic product a record…

Beyond Macroeconomic Indicators

Beyond macroeconomic indicators

Economists, policy practitioners, politicians and international agencies in Pakistan are obsessed with macroeconomic indicators as a way to measure and achieve national progress. They keep on writing and challenging each…

Economic fallout

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…

Quest for economic sovereignty

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.…

Moral economics

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…

Positive indicators & challenges ahead

The recent indicators of Pakistan’s economic performance point to a cautious but welcome recovery, signaling a phase of renewed optimism for future. The economic growth rate of 2.68 percent for…

Economic realities and export

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…