In his visit to China, with PM and some other cabinet members, the finance minister, Muhammad Aurangzeb, while addressing a ceremony in China highlighted that Pakistan will be going into…
In a number of interviews after becoming finance minister, there is a sense of naivety reflected in the thoughts of. Muhammad Aurangzeb when he thinks that agriculture, for instance, should…
Agreed, Pakistan’s credit default swap (CDS) risk has increased substantially during the current year, that it has a huge financing gap in terms of its loan repayment needs, and that…
‘It is well known that the old model of austerity does not work. Not only does it cause the economy to contract and inflict excessive hardship on the population; it…
Unfortunately, economic policy globally is settled on very unsettling fundamentals, and rather than fixing this, the blame for high level of inequality and increasing absolute poverty that this Neoliberalism oriented…
Weak regulation of markets, or the policy of ‘market fundamentalism’ that market knows best, and left mostly on its own market failures will sort themselves, under the overall wave of…
AS large parts of the economy grind into recessionary conditions, the clamour for policy focus on growth is increasing. However, the government’s policy mix is constrained under an IMF-led stabilisation…
‘…the existence of the opposition is ‘nearly the most distinctive characteristic of democracy’. In parliamentary democracies, since government and parliamentary majorities often coincide, the opposition is expected to function as…
The federal budget, due to come into effect in the next few days, has continued with the pro-cyclical policy approach, whereby as growth continues to remain stuck in a low…
A recent ‘Transcript of Global Financial Stability Report April 2024 press briefing’, carried a rather very pertinent question regarding a possible need to revisit policy focus traditionally to control inflation…
