Reasons for economic insolvency (Part – I)
The debate on whether Pakistan is close to a sovereign default on its obligations has been raging for a while now, notwithstanding a staff-level agreement signed a few weeks back…
Flawed power sector strategy
The government is focusing on wrong policy initiatives due to which the circular debt is ever increasing. In fact the recoveries of past years have been shown as increased collection…
Cauldron to inferno
A PENCHANT for masochism should be included in the job description of every governor State Bank of Pakistan. Too many recent incumbents have seen their tenure end in a swift…
The road to recovery
Clouds are gathering over the present dispensation of government, but they have a silver lining. After thirty years, there is a loosening of the stranglehold on government by ‘boxwallahs’ (“A…
A bumpy transition
The former prime minister had pretty much left the stage, but Nawaz Sharif has staged a dramatic comeback in a rearguard legislative action and re-election as the president of the…
Promoting Islamic finance
The government recently formed a high-powered committee to examine the current state of Islamic finance and suggest measures for future development. The share of Islamic banks, introduced in Pakistan in…
Virtual assets law: a faulty approach
The emergence of Pakistan’s regulatory framework for crypto assets unfolds not through a linear evolution but as a series of abrupt pivots, uncertain mandates, and fragmented institutional posturing. Initial state…
Pakistan in dire need of reforms
The economic situation in Pakistan remains complex, with fluctuating growth rates, high prices of commodities, and economic disparities shaping the financial framework. The persistent fiscal deficit, compounded by heavy reliance…
Let the market decide
With an IMF (International Monetary Fund) determined to punish past misdemeanours and a government unwilling to embrace meaningful reform, Pakistan’s gas sector is as good as finished and will take…
A most predictable coup
As certain as thunder accompanies rain, like water floods the plain, and like Trump rolled over on Ukraine, just as certainly the bureaucracy always seeks to extend its influence over,…
