Salvation lies in structural reforms
Pakistan’s persistent economic failures, amongst other factors, are the result of constant disregard of the Constitution by the powerful elites, who are not ready to give up unprecedented benefits, enjoyed…
Structural reforms
Little else is requisite to carry a state to the highest degree of opulence from the lowest barbarism but peace, easy taxes, and a tolerable administration of justice: all the…
Pursuing power sector transformation through structural reforms
As anticipated, implementation of key structural reforms in local power sector was one of the core recommendations made by the International Monetary Fund (IMF) during Article IV consultations with Finance…
Structural reforms
As the general elections of 2018 draw closer, there has been much talk on how they can be made more inclusive and acceptable to all political players – the mother…
Capital inflows and structural reforms
A couple of years back, the World Bank Group hailed Pakistan in its annual report — Doing Business in 2006 — as “the top reformer in the (South Asian) region…
Energy sector reforms: Earnest intentions for structural changes necessary – V
Expanding the thought process 1. Proven integrated model of K-Electric needs to be replicated in other power DISCOs and also in GAS DISCOs instead of repeating unsuccessful concept of privatizing…
Reforms & the IMF
STRUCTURAL reform is a prerequisite for Pakistan’s sustained economic growth. To put it bluntly, given our population and labour force growth rates, we need to grow at six per cent…
Regressive taxes, neglected reforms
Pakistan’s reliance on bilateral, trilateral, and friendly countries to fulfill its financial requirements not only undermines its sovereignty, but also intensifies the hardships of its citizens. Despite engaging in numerous…
Transparency, taxation & reforms
Macroeconomic conditions have improved over the course of the program. Growth of 2 percent is expected in FY24 given continued recovery in the second half of the fiscal year. The…
Why do reforms elude Pakistan?
At the start of every political cycle, the new government is confronted with the choice between letting the economy move on the beaten track and introducing some fundamental changes to…
