Thoughtless economics
The international agencies have done it yet again with us. They have taken us to the brink before and they will do so now. The reform decisions of Musharraf's time…
‘Heat economic policy’
It is, indeed, important that Pakistan should continue to deal with its macroeconomic and growth challenges of the traditional nature, reducing twin deficits, avoiding stagflation, reforming state-owned enterprises, and fixing…
Residual thoughts on FY24 budget
The budget 2023-24 envisages 23.7 billion dollars of external borrowing – an amount premised on a rupee dollar parity averaging 290 rupees to the dollar – a condition that would…
Gross financing, and medium-term economic strategy
International Monetary Fund (IMF) Country Report No. 22/288, released in September 2022 – the last such report released, since there have been no successful programme reviews completed since then, given…
Leadership and economics
Upon the conclusion of every single overseas visit I am filled with sadness and a deep sense of disillusionment. This is despite a divinely blessed deep reservoir of optimistic attitude…
Economic architecture
THE US is having second thoughts about the Washington Consensus it had evolved in the 1990s. At that time, the Cold War with the Soviet Union had just ended, and…
Europe in crossfire of US-China economic rivalry
The economic confrontation between the United States and China has put Europe in the crossfire, with Washington’s plan to boost green industries threatening to cause collateral damage to a key…
Economic security
Pakistan is currently teetering on the brink of economic collapse. The recent floods have only added to this dire situation, and the loss to our economy has been unprecedented. We…
Economic prospects of Gilgit-Baltistan : Part – III
The recent initiative taken by the Gilgit-Baltistan government to introduce STEM subjects right from the school level is highly commendable. This initiative is quite unique and far-sighted. Instead of the…
Economic meltdown?
As Pakistan’s economic team begins meeting with IMF officials in Doha today (May 18) to pave the way for more funds from the Washington-based lender, the writing on the wall…
