Financial instability
In 2016, this writer wrote as many as six articles on Offshore assets of Pakistani citizens, which have been compiled in the form of a book. This endeavour, however modest,…
Financial instability
In 2016, this writer wrote as many as six articles on Offshore assets of Pakistani citizens, which have been compiled in the form of a book. This endeavour, however modest,…
Stability without legitimacy?
“Pakistani governments have adopted revenge-seeking habits” — Malaysian PM Dr Mahathir Mohammad said this to the prime minister of Pakistan in early 1997 in a small bilateral meeting in which…
Fiber security: a pillar of economic and agricultural stability
The concept of fiber security holds strategic importance for Pakistan’s economy, textile sector, and agricultural sustainability. As the country’s most significant cash crop, cotton plays a vital role in economic…
‘Uraan’ success hinges on unity, stability…
With limited access to external funding, government debt has increasingly been taken up by the banking sector and, as a result, banks’ holdings of domestic government debt has surged to…
Solvency or stability?
As Pakistan begins a new year today, its ability to lift its future prospects lies largely in solving a tough riddle. The past year has mostly witnessed the current government…
How the ADR tax distorts the financial sector
The tax on Advance-to-Deposit Ratio (ADR) was introduced through the Finance Acts of 2021 and 2022 approved by Pakistan’s National Assembly and these provisions are being enforced by the Federal…
Missteps and missed marks: macroeconomic stability is just a distant mirage
Despite ostensibly achieving some macroeconomic stability—as evidenced by falling inflation, a stable exchange rate, and an improved fiscal balance—the government is falling short on multiple fronts, failing to meet several…
Why financial markets matter
A well-developed financial system comprising dynamic capital markets and a robust banking sector is considered a critical driver of investment, productivity, and sustainable economic growth. Here, I discuss how the…
Sunak’s summer election brings hope to Britain’s bruised financial sector
As Britain prepares to revisit the ballot box, executives in the City of London are hoping a new government will pay them more attention and put an end to years…
