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Crime And Terrorism: Financial Challenges – II

Crime and terrorism: Financial challenges – II

 Risk-based approach: Nations are operating within a comprehensive international framework that deters financial crime and terrorism in the first place; detects it when it happens and disrupts the activities of…

Violence In The Home

Violence in the home

A Banker in New York aims a vase at his wife. She ducks and is not hit. She calls the police. The husband is arrested and spends five years in…

Economic Decisions Ahead Of General Election

Economic decisions ahead of general election

A lot has been said and written about the state of the economy in the last few years. Independent economists and domestic and international professional organisations like the State Bank…

PML-N’s financial wizardry

I am surprised to read the PML-N’s defence of the failed economic policies of George W Bush, advocating their implementation in Pakistan. Zubair Mohmmad in his article titled ‘Bushonomics and…

The SBP And The Economy

The SBP and the economy

On June 8 the State Bank of Pakistan (SBP) issued a brief statement on the country’s economic situation, while announcing no change in its policy rate for the next two…

Misplaced Optimism

Misplaced optimism

While delivering a keynote speech on the state of Pakistan’s economy at a seminar organised by the Management Association of Pakistan in Lahore on March 1, 2012, the governor of…

Subtle Manipulation?

Subtle manipulation?

The Finance Minister Dr Hafeez Sheikh claimed a 4 percent growth rate for the economy while attending the World Bank/International Monetary Fund (IMF) spring meeting in April while on 26…

Convoluted Expectations

Convoluted expectations

All and sundry continue to protest the lending behaviour of commercial banks and their large `spreads` (the difference between the interest rates on their lending and the interest rate that…

The Worst Is Still To Come

The worst is still to come

With the fifth most turbulent year (2012) in Pakistan’s economic history drawing to a close yesterday, the year 2013 has just begun. Far from being a fresh start, there are…