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Need for institutional reforms

Pakistan’s economy has started showing positive signs of recovery and resilience after years of grappling with inflationary pressures, fiscal imbalances, and external debt challenges. The Pakistan Bureau of Statistics (PBS)…

Sustainability, institutional reform, and stimulus

What causes macroeconomic instability? Main determinants that come to mind are elevated levels of inflation, fiscal deficit (FD), current account deficit (CAD), and debt burden. Moreover, what brings sustainable macroeconomic…

Need for institutional reforms

Pakistan’s economy has started showing positive signs of recovery and resilience after years of grappling with inflationary pressures, fiscal imbalances, and external debt challenges. The Pakistan Bureau of Statistics (PBS)…

Stimulus and institutional reform

Unlike many budgets in the past, the Budget 2021/22 places strong emphasis on providing stimulus for economic growth, and significantly focuses that stimulus towards people in the lower echelons of…

BISP and institutional reforms

In the social protection debate we usually play down the role of short-term relief work in alleviating human suffering when emergencies hit, or during a situation of crisis. The social…

Reforms: institutional impediments (Part – II)

An attempt was made by the National Commission for Government Reforms (NCGR) to present a comprehensive package that proposed a strong district government system with specific focus on education, health…

Reforms: institutional impediments (Part – I)

Pakistan excels among many other developing countries in producing first-rate diagnostic studies (what is wrong with us?) , strategies, five-year and annual plans, reports but our implementation record is one…

A blueprint for structural reform

Before the February 2024 national elections, I had the opportunity to conduct an in-depth study of all previous elections in Pakistan. This research was published in book form a few…