The need for policy reforms
Industrial economic size refers to the scale or size of industrial activities within an economy, typically measured by the total output, employment, or capital investment of the industrial sector. It…
Public sector governance: a blueprint of policy reforms
Good governance is essential for the economic development of any country. Today, governing Public Sector Companies (PSCs) has become quite challenging for Governments around the globe. In Pakistan, few reforms…
Policy, reform & political change
PUBLIC policies struggle to survive, and reform agendas get stalled in times of political change. At best, uncertainty surrounds them; at worst, they are scrapped by political opponents when they…
Reforming the forex policy
When Great Britain ruled British India, policy was made to serve the purpose of London. Objectives were elaborated there, based on the geopolitical/strategic circumstances of the time. Many British laws…
2023: year of non-neoliberal, non-austerity, counter-cyclical reform policy
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…
Pakistan’s reform dilemma
Reform in Pakistan is not a novel endeavour. It is a familiar refrain echoed through budget speeches, donor agreements, economic revival frameworks and political manifestos. Yet, despite being one of…
Reform or redundancy?
In 2024–25, Pakistan’s federal and provincial governments announced yet more agencies – under the pretense of reform – ranging from cybersecurity and health to housing and trade. But instead of…
Policy issues in the EFF programme — III
Covid-19 pandemic, and then the catastrophic floods in 2022, both of which had significant climate change causality – towards which Pakistan has contributed very little in terms of global carbon…
Policy issues in the EFF programme – II
In addition, lack of adequate regulatory capacity means that it is very likely, as has been the case in real markets, for example, agriculture, left to market forces without adequate…
Budget: time for respite & reform
Pakistan has shown signs of overall stabilisation, supported by improved fiscal performance, strengthened external account, and receding inflation. Revenue Mobilization and restrained current spending have contributed to a narrower fiscal…
