Finance Act, 2018: Flagrant constitutional violations
The adoption of the Finance Bill 2018 on May 18, 2018 by National Assembly, committing flagrant violations of the supreme law of the land, once again confirms that the outgoing…
Climate finance for the Global South
Going into COP29 where the focus should be on promoting climate-linked development finance initiatives in the Global South, collective action is crucial to attract funding for the intertwined objectives of…
Climate-smart finance bill
THE finance bill or proposed budget for the next fiscal year has refused to commit any resources or even set the national direction for climate resilience. It has failed to acknowledge that…
Battle with ‘alternative facts’
ECONOMIC stabilisation through tough, unpopular measures such as withdrawal of the fuel subsidy or a cut in development expenditure, against the backdrop of public mobilisation by the Imran Khan-led PTI, seems a…
Fact-check on PML-N claim
The Deputy Prime Minister and Foreign Minister, Ishaq Dar, labelled delays in the International Monetary Fund’s (IMF’s) disbursements under agreed loans as “sabotage”. “I was in the last government for…
Who should be the finance minister?
Asking the wrong question is one of the most prominent qualities of the Pakistani public discourse. ‘Who should be the finance minister?’ is the wrong question. Whoever is made finance…
Finance minister?
The PML-N’s classic economic growth model rests on three pillars: hard infrastructure development, an overvalued rupee and domestic consumption. This model has seen mixed results across their different periods in…
Pakistan’s intractable budget deficit?
Pakistan’s unsustainable budget deficits can be sourced to the never to be satisfied thirst of all administrations, past and present - civilian, military, hybrid, caretaker - to borrow to fund…
Sovereign wealth funds struggle to turn their trillions to climate finance
Sovereign wealth funds that control nearly $12 trillion in assets are unlikely to quickly dismantle the hurdles in the way of urgently needed increases to their climate investments, even as…
Reviewing Pakistan’s climate action
It is gratifying to see that the National Security Dialogue, which has emerged as an important national security forum, will address the existential threat of climate change at its third…
