Change of menu? Investors lose appetite for yuan assets
China's changing of the way it reports its foreign exchange data has brought it into line with international practice but the timing appears to have worsened the market's appetite for…
China's changing of the way it reports its foreign exchange data has brought it into line with international practice but the timing appears to have worsened the market's appetite for…
In the article published, on this subject, in the paper last week, I had briefly identified the related dimensions of offshore assets of Pakistani citizens. As stated in that article,…
For attaining higher growth and boosting economy the government will have to go for mass-scale privatisation despite fierce opposition. This policy statement was made last weekend by the Chairman of…
Change is taking place slowly and subtly. Recent Cabinet Committee on Economic Reforms’ (CCER’s) deliberations on Sept 25, 2023 highlight increasing interdependency, thereby necessitating a Planning Commission on the lines…
The austerity measures being considered by the Cabinet Committee on Economic Revival (CCER) could save Rs424 billion by creating a Single Treasury Account, Rs54 billion in six months by a…
Our fiscal space is wafer thin. The economy is starting to pull back from a precipice. The International Monetary Fund (IMF) Staff-Level Agreement (SLA) is around the corner and has…
The ruthless use of power can prolong armed occupation but it cannot win the hearts and minds of the people. This is the lesson to be drawn from the lukewarm…
IN the wake of a Rs356 billion shortfall in targeted revenues during the first five months of the current fiscal year, the government has introduced the Tax Laws (Amendment) Bill…
With limited access to external funding, government debt has increasingly been taken up by the banking sector and, as a result, banks’ holdings of domestic government debt has surged to…
Behind a record surge in cocoa prices this year, a corner of financial markets that drives the cost of chocolate underwent a seismic shift: the hedge funds that oiled its…