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…
Rethinking energy sector reforms
Recently, eight multilateral development finance institutions, including the Asian Development Bank and International Finance Corporation, wrote to key economic and energy ministers, warning that unilateral renegotiations of renewable energy Independent…
Govt, IMF, and need for policy revisit
In March, the government and International Monetary Fund (IMF) are due to hold first review of the Extended Fund Facility (EFF) programme, which was negotiated in September 2024. There are…
Time to end neoliberal monetary policy well overdue
‘This chapter has shown that the NMPC [New Monetary Policy Consensus] is limited in four important ways. Firstly, it is based on doubtful assumptions, unwarranted generalisations, overly optimistic expectations about…
Policy rate caution
The State Bank of Pakistan (SBP) and the current economic team of the government of Pakistan must stop hiding behind a veil of overly cautious monetary policies. The latest Monetary…
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)…
Need for a more balanced policy emphasis by Pakistan and Argentina
Pakistan and Argentina have somewhat similar macroeconomic, and growth consequences, whereby although the extent of inflation rate was much more in the case of Argentina, yet both countries practiced significantly…
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)…
National security policy needs revisit
This is the second of a two-part series detailing the 2020 National Security Policy’s (NSP) ill-advised focus on economic diplomacy – ill-advised as the world moves from unipolarity to multipolairty.…
