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More On The Programme

More on the programme

Last week (September 17), I wrote on the design of the newly approved IMF programme for Pakistan. My view was that the programme is of the 1980s vintage with a…

Moment Of Opportunity

Moment of opportunity

In setting his priorities at the outset of his tenure Prime Minister Nawaz Sharif emphasized that the economy and energy crisis would receive his urgent attention, as would the removal…

Stagflation Feared

Stagflation feared

The much-awaited programme of IMF has been approved by its Executive Board in Washington DC. Pakistan has been given access to the Extended Fund Facility (EFF) to the extent of…

Dispossession, Orthodoxy And Indo-centrism

Dispossession, orthodoxy and Indo-centrism

The All-Parties Conference, which included the leadership of the major political forces and the military high command, has resolved to counter terrorism in the country by initiating a process of…

Unwanted Milestones

Unwanted milestones

Over the past few months, Pakistan`s economy has crossed three unhappy milestones of sorts: The rupee finally crossed the 100 to a dollar mark, having lost over 10pc in its…

Syria, And Then…

Syria, and then…

The US is again on the verge of launching yet another act of military aggression against an Arab and Muslim country. Military aggression is the worst international crime possible. The…

High Stakes

High stakes

In view of the high stakes involved in the Pak-India détente, fewer things can be more unfortunate for the people of the two countries than being on a warpath. The…

Power And US Policy

Power and US policy

The Egyptian crisis and wider turmoil in the Middle East has intensified the debate in America and beyond about how Washington should respond to the turbulent turn of events in…

The Rupee Slide

The rupee slide

Federal Finance Minister Ishaq Dar in an interview stated that the rupee depreciation was due to the retirement of Rs 342 billion inter-circular debt and he added that his policies…

Power Policy

Power policy

Thirty percent of the new power policy makes sense. Seventy percent of the new power policy is poppycock. The PML-N wants to deliver. Delivery has three pre-requisites: intention, planning and…