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The other path

Over the years, this column has always argued that the standard economic theories we flirt with again and again, by and large the Washington Consensus, have not really worked for…

PTI govt’s first 100 days

The PTI government opted to announce the achievements of its 100-day plan at a mega event at the convention center at Islamabad rather than through a press conference or PM's…

PKR slide still shrouded in mystery?

Could there be another reason for the significant depreciation of the Pakistani rupee in the interbank, as opposed to the open market, on the day following the 100 days in…

No Substitute For Economic Growth

No substitute for economic growth

There is no substitute for economic growth. Can you guess how many years it has been since Pakistan’s economy grew at a higher rate than India’s? It was all the…

Asad Umer’s Round Two

Finance Minister Asad Umer has been consistently right when he accuses the previous administration of leaving behind an economy in shambles but been consistently wrong in claiming success through giving…

Uncomfortable message

World Economic Forum is a place for the big brains, big business, big people to get together and set the theme for the coming year. People from all over the…

Inflation and PTI’s responsibility

The federal cabinet decided on 7 February 2018 to constitute a committee headed by Minister of Defense Pervez Khattak, to develop a proper system for stabilization of prices of essential…

There is no fiscal space left

It is reported in the press that the planning division has surrendered Rs 24 billion from a block allocation for a technical supplementary grant in favor of cabinet division for…

Stabilization steps not in sight

Should existing economic policies of the Khan administration be a source of comfort to the multilaterals? Two statements made by the International Monetary Fund's (IMF) Managing Director Christine Lagarde compel…

Reforming the economy

I am not a big fan of imperialist international financial institutions like the IMF and World Bank. Why? Here are just some reasons. They play an important role in protecting…