Economic policy needs a hard reset
The present currency crisis in Pakistan is unprecedented. PKR has depreciated against USD from 180 to 305 since March 2022, and now it is a creating a self-feeding bubble. People…
Economic Survey: government needs to work harder
The government of PML-N last month entered the fourth year of governing the country. President Mamnoon Hussain while addressing a joint session of parliament earlier this week stated: "The successful…
Economic team needs a revisit
A little over one month after the federal budget for 2011-12 became effective few believe that any of the budgetary targets would be met. The government has already been compelled…
The flawed economics of the IGCEP
One of the ten commandments for electricity planning is ‘Thou Shalt Not Expand Electricity Supply Without Industrial Demand’. New power plants become stranded, costly monuments to poor planning without industrial…
What Pakistan needs to learn from Saudi Arabia
Saudi Arabia’s Vision 2030 has been a game-changer, reshaping the kingdom’s future and setting a bold path for its development. The kingdom, which has traditionally been governed by conservative norms…
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…
A recipe for economic growth
PAKISTAN has a history of sacrificing economic growth for short-term macroeconomic stabilisation. At its core, structural weaknesses of the economy — the low tax-to-GDP ratio and foreign exchange deficit —…
Economic turbulence shakes US airlines as travel demand falters
US airlines were flying high less than two months ago on talk of a new golden age, as strong travel demand and tight industry-wide capacity raised the prospect of a…
Domestic economic thought, profession, and ‘dual-track’ pricing mechanism
Although Pakistan came into existence at a time when there was a deeply renewed focus on economic thought process globally in the wake of establishment of Bretton Woods institutions a…
People, economics and security
The slight improvement in Pakistan's economy is welcome — especially as it comes some months before the next budget is due. Everyone in Pakistan wishes for nothing more than an…
