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…
Offshore assets – II
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,…
Privatisation of public-sector assets
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…
Clear message of no more business as usual—I
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…
This crisis is a moment: Part – II
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…
Energy sector reforms
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…
Mehbooba and the BJP
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…
Unacknowledged heroes
A RECENT encounter with the UK’s All Party Parliamentary Group for Bees, Pollinators and Invertebrates has revealed something remarkable: British parliamentarians have formed a cross-party group specifically acknowledging invertebrates’ profound…
Investing in Pakistan
As Pakistan battles a variety of external and internal challenges, long-term stability fundamentally depends on turning around a potentially anaemic economy. Pakistan has indeed returned from the brink of default…
When sewage meets the sea
Karachi, Pakistan’s largest city, is drowning in its own waste. The city’s sewerage system has collapsed – and the Karachi Water and Sewerage Board (KW&SB) bears much of the blame.…
