PKR depreciation
This is the second and last part of a two-part series focusing on the reasons for the November 2015 rupee decline. The rupee declined to 106.60 paisa per dollar interbank…
Investing in Pakistan
PERHAPS the most important message conveyed by the prime minister in his speech to the United States Institute of Peace was that today Pakistan is well placed to achieve rapid…
Some misconceptions about the Fund
The ninth International Monetary Fund (IMF) mandated quarterly review is scheduled for the end of the current month and indications are that there are significant shortfalls in the implementation of…
Misusing taxpayers’ money
Regardless of Pakistan's poor economic growth, rising poverty and inequalities, internal and external security threats and energy crises, extraordinary funds are made available to ensure that our rulers appear…
It’s time to blame the PM!
I give up! In all fairness I can no longer blame the Federal Finance Minister Ishaq Dar for his flawed economic policies that have finally come home to roost two…
Optimizing tax collection
The governments, both federal and provincial, have shown a lukewarm attitude towards optimizing tax collection. Reliance on easily-collectable indirect taxes with weak enforcement, reluctance to tax the rich and mighty,…
Financial market gyrations
In case you haven’t noticed, the financial markets in Pakistan have hit choppy waters and nobody seems to be sure of the reason why. The dollar has been rising despite…
‘Misperceptions of IMF’: MoF’s response
Dr Hafeez A Pasha has written an article: "Misperceptions of IMF" published in Business Recorder October 5th 2015. It stated that the executive board of the IMF must be thanked once again…
A new emerging market
IN the aftermath of the 2008 financial crisis in the US and, later, in Europe, global economic growth was generated mainly by the so called ‘emerging markets’, especially China, Brazil,…
EU leaders scramble to halt refugee ‘shambles
As hundreds of thousands of people risk lives to cross Europe's frontiers seeking a haven of peace, Europeans themselves have turned on each other with a venom that has stirred…
