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…
Country’s higher education needs a revolution
If Pakistan must pick one revolution, that must be in education, which will ultimately lay the foundations for IT and green revolutions. The gap in education starts early from childhood…
Widening Indo-Pak economic divide
This is the final part of a two-part series of articles, highlighting the differences between India and Pakistan’s state of the economy. Cricket, a great if not the only unifier…
World Bank needs to revisit its policy and lending focus
In its recently released report ‘Pakistan development update October 2023: restoring fiscal sustainability’ the World Bank (WB), just like the International Monetary Fund (IMF) policy thinking, including as highlighted in…
Debt and austerity: developing world deep in economic crises
In its ‘World Economic Outlook, October 2023’ Report, the International Monetary Fund (IMF) has said that ‘The global recovery from the Covid-19 pandemic and Russia’s invasion of Ukraine remains slow…
Economic impasse and political instability
The economic challenges of Pakistan are appallingly enduring, and unless we effectively address fiscal discipline issues, expand our tax base, and eliminate resource wastage, the country’s economic stagnation is likely…
Escalating economic divide with India
The following is the first part of a two-part series of articles highlighting the differences between the economies of India and Pakistan. India’s emergence on the world stage, hosting the…
Navigating economic corridors
We are living in an era of ‘corridorization’, ‘economic corridor’ being the new buzzword. The proponents of these ‘corridors’ claim that they are vital for increasing regional connectivity and trade.…
