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Stabilization First’?

Stabilization First’?

Pakistan's economy is passing through the most difficult and challenging phase of its economic history. The landscape of its economy has changed dramatically since 2007-08. Seven years of managing the…

Nightmare Scenarios

Nightmare scenarios

Back in 2011, the American actor George Clooney recalled asking Barack Obama to identify the one thing that kept him up at night. “Pakistan,” replied the US president. Obama did…

Economy Of Failure

Economy of failure

In the last quarter of a century several civilian and military governments have come into power, blamed their predecessors for mismanaging the economy and promised to make a new beginning…

Self-delusions Galore

Self-delusions galore

Rarely do prime ministers congratulate their nations on a slight upgrade in credit rating of the country (in this case by Moody's) but our Prime Minister did so. Remember, how…

Pakistan And Greece

Pakistan and Greece

The catalyst behind a very recent article, since full credits are required for punctilious journalism, is a piece authored by Anil Kashyap of the University Of Chicago Booth School Of…

A Frank Response

A frank response

The IMF Mission Leader to Pakistan, Jeffrey Franks, has written an article in Dawn of 15th April 2015. The article is aptly titled, 'On the right track?'. Franks says that…

Citing Foreign Media To Prove Performance!

Citing foreign media to prove performance!

The political atmosphere in the country during the past week has manifested itself in the economy as a major fall in the stock exchanges. Reports indicate that the Karachi Stock…