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Speed money

Speed money is exactly what it means - it speeds things along. In my management career, spanning 50 years, the most valuable lesson I learnt was from Agha Hasan Abedi.…

Getting rid of money laundering

The new coalition government led by Prime Minister Imran Khan's Pakistan Tehreek-e-Insaf (PTI) seems determined to break the socio-economic and political status quo that has kept Pakistan entrapped in a…

Will wage growth revival feed inflation?

With economic stabilization on the horizon, pressure from employers, particularly from white-collar urban workers, is mounting for wage increases. Wages are likely to rise in 2025, which will stimulate overall…

Hiding the truth

THE gullibility of the voting public may be elastic but it is not unbreakable. The latest test in civic credulousness came in PTI’s submission to the Election Commission of Pakistan…

The power of necessity

THE show is about to begin. Ever since the PTI government was sworn in, a situation had been developing and now it has matured. Thus far the government has lived…

The real-estate monoculture

Pakistan’s unchecked real-estate sector is swallowing resources and land, driving up property prices while stifling growth in manufacturing and technology. Unlike its neighbours, Pakistan’s wealthiest individuals are heavily invested in…

Communalism and the budget

THERE was a time in India when the display of wealth and conspicuous consumption was frowned upon as an immorality associated with parvenu classes. Leaving food on the plate was…

Crisis of public trust

Effective governance is a key factor for establishing public trust for any political democratic dispensation and governments ensure it through effective delivery systems. In Pakistan, we have witnessed erosion of…

Breaking the chain of corruption: Part – II

The late prime minister of Singapore, Lee Kuan Yew, largely eliminated corruption from Singapore and thereby transformed it from a third-world to a first-world country. The following are some Yew…