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ECP Credibility At Risk?

ECP credibility at risk?

The fact that the results of the 2008 elections were questioned in a variety of ways demanded that the Election Commission of Pakistan (ECP) should have insisted on sufficient time…

Nawaz In Wonderland

Nawaz in Wonderland

PML-N’s 2013 elections manifesto brings to mind the fairy-tale ‘Alice in Wonderland’. “If you don’t know where you are going, then it doesn’t matter which way you go”. This seems…

Population Rise: The Big Challenge

Population rise: the big challenge

Last week the UNDP released its Human Development Report, which highlighted the abysmally low levels of improvement achieved by Pakistan in this critical area, wherein progress in South Asian countries…

Damage Done

Damage done

There appears to be a serious disconnect between most of the analysts, including myself, and the governor of the State Bank of Pakistan (SBP) on the emerging debt repayment crisis.…

Lessons From Cyprus

Lessons from Cyprus

A few years down memory lane, who would’ve thought that Cyprus – the Russian tax haven and the hub of a massive banking bubble – would bear such a mammoth…

Institutional Pillage

Institutional pillage

`Fiscal Neanderthals`. This is how a friend used to describe the finance and FBR bureaucracy and their parliamentary `handlers` after each bout of resistance to tax reform and the introduction…

Smart Move On The Eve Of Election

Smart move on the eve of election

The internal Monetary Policy Committee of State Bank of Pakistan (SBP) was unanimous in its decision for keeping the discount rate unchanged and the Board conveniently approved that stance. The…

Technocratic Turncoats

Technocratic turncoats

Turncoat or ‘lota’ is a familiar word for the people of Pakistan. It is a pejorative commonly used for our politicians who change parties frequently at the altar of ‘national…

The Office Of Denial

The office of denial

There is a difference between a good and a bad finance minister: the former keeps his nation informed about the true state of the economy and prepares public opinion for…

Between Peril And Promise

Between peril and promise

What is the state of Pakistan`s economy? Or, perhaps of greater relevance, the broader state of the `union`? Each year, the highly-regarded and widely followed annual report of the State…