Defending the un-defendable
Christian Wulff, the president of Germany, resigned within days of allegations being levelled against him about availing some favours (including a bank loan on favourable terms) while he served as…
Christian Wulff, the president of Germany, resigned within days of allegations being levelled against him about availing some favours (including a bank loan on favourable terms) while he served as…
The State Bank Governor, in an interview to Reuters, stated that the Pakistan economy was out of the woods. In his words the country will not need any additional financial…
It’s going to be a classic case of borrowing afresh to work off the current debt. If the State Bank governor is to be taken at his word, Pakistan will…
They turned out in multitudes. Many of them in their teens, they poured into the streets. Leaderless, they turned major Pakistani cities into veritable battlefields, attacking everything in their way.…
The science, if science it be of economics is divided firmly into micro and macroeconomics. Of late, there has been a considerable amount of action on the macroeconomics aspect and…
The Pakistan Tehreek-e-Insaf (PTI) had submitted a petition in the Supreme Court seeking the right to vote for overseas Pakistanis. After a few hearings the Supreme Court bench, headed by…
Tax reforms were introduced as part of World Bank project in 2003. The main purpose of these reforms was to make the tax collection system transparent and taxpayers friendly so…
Monetary policy is an important component of a macroeconomic policy framework in any country. Similarly, central banks, whatever their level of statutory autonomy, play a key role in the formulation…
In a remote village in rural Nigeria, on the banks of a river, about a month or so ago, there washed up 40 bodies. Many of them, those of village…
Several economists, the State Bank of Pakistan and the IMF have been sounding a warning for quite some time about the deteriorating situation of public finances and its implications for…