Is de-dollarisation on the move
This is the first of a two-part series on de-dollarisation. An exclusive report carried by Business Recorder revealed that during a meeting of Pakistan China seventh Joint Working Group on…
Stunted governance, stunted economy
Even after 60 years of financial market development, the local companies are still a small part of the market at about 30%. The KSE-100 is dominated by 31 family-owned companies,…
Fixated on the dollar
THE preoccupation of the Pakistani elite over the last several weeks has been simply to focus on the dollar-rupee exchange rate. For them, nothing else has mattered as much since the…
The economy needs a reset
The government is all primed to sign a new IMF deal and celebrate more debt. Yet, it needs to reflect why we are in an endless loop of near default…
Economy of voyeurism
WITH every year that passes, there are fewer and fewer people who remember a time before social media. In those bygone days, gossip was largely transmitted via people. Busybodies would…
Charter of economy: a non-starter
The concept of all political parties signing off on a charter of the economy has been consistently raised by the Pakistan Muslim League-Nawaz (PML-N) leadership with the stated objective of…
Pakistani rupee: a wayward currency
Hard currencies like the US dollar, Euro, pound, are independent free floats, and their value contingent on demand and supply which may fluctuate daily. However monetary authorities, be it a…
Illicit trade damaging country’s economy
Smugglers employ a range of routes and tactics to engage in the illicit trade of goods in and out of Pakistan. These methods encompass land routes through the rugged mountainous…
Can economy afford another Dar tenure?
Key economic indicators reflect a worsening trend (as per data released by the Finance Division) in July-August 2023-24 against the comparable period of the year before: remittances declined by 21.6…
How to fix the economy
Economic uncertainty in Pakistan has led the country to a social apocalypse. Political challenges have opened up another Pandora’s box, adding more problems for an already oppressed population. A million-dollar…
