Macro hedge funds down at half-year point
Many macro hedge funds that bet on global economic trends are ending the first half of 2023 with losses, but uncertainty around how different central banks will handle monetary policy…
SDR allocation, monetary tightening, inflation, and banking crisis
While the International Monetary Fund (IMF) continues to not provide a much-needed special drawing rights (SDRs) allocation, and instead pushes countries, including Pakistan, under its programmes to adopt austerity and…
Gated UK property funds are open to further risk
UK property funds face further exit requests, asset fire sales and reduced demand from pension schemes after payout restrictions prompted investors to reassess the risks of such holdings, industry experts…
Price stabilisation and extent of tight monetary policy
‘Today American policymakers face a stark choice. Either, they can fight inflation by continuing to hike interest rates to generate unemployment and bring down aggregate demand. Or, they can employ a surgical…
Unpaid refunds
The genius of our ruling class is that it has kept a majority of the people from ever questioning the inequity of a system where most people drudge along, paying…
Safe bet? Sovereign funds rethink once-reliable real estate
The Covid-19 pandemic has forced sovereign wealth funds to think the previously unthinkable. With prime office blocks lying empty around the world, hotels half-vacant and retailers struggling to stay afloat,…
Advance tax, refunds & compensation — I
A cursory look at the annual year books published by the Federal Board of Revenue (FBR) after the promulgation of Income Tax Ordinance, 2001 [made effective from tax year 2003,…
Of unpaid refunds & figure fudging – I
The story of "impressive" performance of Federal Board of Revenue (FBR) during the period 2013-18 needs a through probe. The jadoogar [magician] Ishaq Dar, we all know, is said to…
The divisive issue of reaching $100 billion in climate funds
The movers and shakers of the world economy are trying to close in on the magic number of $100 billion a year to fight climate change as they meet this…
IMF challenge: Government must pay back borrowed funds
Dear Mr. Nawaz Sharif I have chosen to address you directly through these columns with a view to apprising you about the crux of matter. It is the most appropriate…
