Limits to market interventions
Last week was witnessed a complete reversal of the (IMF-driven) policy of buying dollars to build reserves that had pushed the rupee down to the 108.70/$ level. Beginning March, the…
Rajoy plans tax reform to revive Spanish economy and jobs
Spain's economy is growing again and exports are flourishing, but with a quarter of the workforce unemployed, the government now hopes to revive the austerity-weary nation by a new means…
Rebuilding Pakistan’s economy
After eight months of the present Government, and at the time when the second review of the IMF is completed, it is important to look back on what we have…
Egypt investors believe Sisi presidency will bring stability
Egyptian Army chief Field Marshal Abdel Fattah al-Sisi may not look like a model democrat, but foreign and local businessmen believe he can deliver stability to open up investment opportunities…
Policing Karachi
THE increasing number of policemen killed in Karachi underscores the huge challenges faced by the law enforcers in a city where strands of violence include both ordinary crime and organised…
Tax mobilisation strategy
The Chairman Federal Board of Revenue (FBR) has directed Chief Commissioners of Large Taxpayer Units (LTUs) and Regional Tax Offices (RTOs) to take immediate steps to achieve downward revised revenue…
MAD support for bonds even as fingers point at Russia
As Russia appeared to dump US Treasury debt this month in the thick of a tense East-West stand-off over Crimea, bond markets barely blinked - raising questions about just how…
View Point: Recipe for trouble
This government has been trying to fool us all along regarding the nature of "a new era in strategic partnership with Saudi Arabia." When a joint statement issued at the…
Improving fiscal management – III
Period from 2008-13 was adjudged as 'financial hara-kiri' by some economists35. "Never in the history of this country has the nation seen such a fiscally irresponsible government. They have maintained…
Privatisation: salvation or an incomplete truth
These days with the news of the government's agenda of privatisation many questions are making the rounds; why privatise? Why might privatisation fail? What is needed to make privatisation work?…
