Flight to privatisation
The privatisation process was supposed to begin in earnest in September with large amounts of shares sold in Allied Bank, Habib Bank, OGDC, State Life Insurance and others but this…
Costly economic fault lines
By May 2013, when the PML-N government assumed office, Pakistan’s economic problems had multiplied and become very complex due to the mismanagement of the economy over a long time. The…
Power sector woes
A Common refrain in Pakistan today is that the role of the middle class and industry has been reduced to earning enough to pay their monthly electricity bills so that…
Stock market booms again!
As world markets declined or at best showed a mixed trend due to not only the Iraq Syria Islamic State (ISIS) advances towards Iraqi oilfields, the massacre in Gaza and…
The globalisation project
Babar Ayaz in ‘Rejecting globalisation’ (July 1, July 2 2014) has attempted to sell globalisation in the name of workers. Let me point out that this is not new. Reactionary…
Economy, a big challenge for new Ukraine president
The winner of Ukraine's election will not only have to avert the country's imminent breakup but also force a frustrated public to accept painful belt-tightening measures that could save the…
Budget 2014-15 – FBR: blame game continues
The Chairman of Federal Board of Revenue (FBR) while attending a hearing before the Senate Standing Committee on Finance on May 13, 2014, in a shocking move and in utter…
The SBP autonomy
Wathra the acting governor of the State Bank of Pakistan (SBP) was confirmed the day before Ishaq Dar left the country on a two-country tour - the UK with the…
Vision: the missing attribute
In recent years, budget making has been reduced to a ritual; it's glossy but unachievable promises are meant only to incite loud applause from the parliament's treasury benches, and thereafter…
Portents from Afghanistan’s election
Next Saturday the Afghans will be going to the polls in the runoff of the election to choose their next president. The two names on the ballot paper will be…
