Lost in the dark
There are two half-steps worthy of recall in the first 100 days of the incumbent federal government: the decision to cleanse Karachi and the initial seriousness to get the direction…
Sell-off of PSM
Pakistan Steel Mills, known to be the country's largest industrial unit incorporated in 1968 at a total cost of Rs 24.7 billion, with an annual designed production capacity of 1.1…
Floods and the price of commodities
The floods are upon us again and the rural areas have again taken a hit as the production system has been adversely affected. What is to be done in the…
Beggars cannot be choosers
Since Ayub's era our rulers have developed addiction for large intakes of foreign loans, especially IMF bailouts - many call it death-blows. With every loan comes a host of conditions.…
A stitch in time saves nine: MMPS today
The State Bank of Pakistan is scheduled to announce today a Monetary Policy Statement (MPS). Most market analysts feel that the rate will remain unchanged at 9 percent. They premise…
9/11: War of what?
On September 9, 2001, twelve years ago, a gruesome and heinous crime against humanity was committed in New York - wanton attack on twin towers of World Trade Center symbolising…
The Swiss accounts
While the Federal Board of Revenue (FBR) is being continuously targeted for not taking action against tax evaders, it must be mentioned that some officers have been trying their best…
Performance so far
When the PML-N emerged victorious in the May 2013 elections, there was a general sense that it would be able to ensure happier times for Pakistanis. Yet in the run-up…
Reflections on prior actions
Pakistan and the IMF have reached a staff level agreement for a $5.3 billion bailout programme, which is likely to be presented to the executive board of the IMF in…
The path to growth
Much has been written on the desirability of the loan agreement with the International Monetary Fund. The conditions that have been agreed to have been termed as fair or unfair.…
