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Insipid IMF

Insipid IMF

On March 24, the IMF executive board released a statement on the state of the economy on the completion of the second review of the government’s policy performance supported by…

Turkish Politics

Turkish politics

The local elections in Turkey have given the ruling Justice and Development Party (AKP) a comfortable majority. In effect, this was seen as a referendum on Prime Minister Recep Tayyip…

Relevance Of Maulana Hasrat Mohani

Relevance of Maulana Hasrat Mohani

Zainul Abedin’s columns on the life and times of Bhagat Singh – well-researched and aptly articulated published in this newspaper recently, call for immediate attention by those intellectuals, members of…

Dar’s Dollar Debut

Dar’s dollar debut

Rumour has it that the rupee has appreciated lately because the government received a $1.5 billion ‘deposit’ from the Saudis and sold a share of those funds in the money…

Wrong Side Of History

Wrong side of history

The Islamic world’s power dynamics are undergoing possibly the most seismic shift in a generation. The House of Saud’s dominance over global Muslim politics, an enduring, if calamitous, reality, appears…

Limitations Of Monetary Policy

Limitations of monetary policy

This writer has argued before that it is not possible to manage inflation through just one or two policy instruments, especially when one instrument, the interest rate, is expected to…

Ruling Pakistan

Ruling Pakistan

Will Musharraf be allowed to leave? Are there cracks developing within the PML-N on the matter? How does all of this augur for the relationship between Nawaz Sharif and the…

Its Master’s Voice

Its master’s voice

The federal finance minister recently used selective statistics to publicise that the growth rate is up, inflation is down, budget deficit is lower, reserves are on the rise, and the…

China’s Regional Strategy

China’s regional strategy

At a recent conference in Europe I found a great deal of interest in Pakistan’s close and growing relations with China. Three sets of questions aroused much curiosity. One, how…

The IMF Report

The IMF report

The IMF completed the second review of the ongoing IMF programme at the Dubai meeting on February 9, 2013. They have now released a detailed report of the review after…