Towards industrial policy 2.0 -Part – II
The foreign exchange earnings from jute exports which originated from former East Pakistan were pre-empted for allocation to industrialists in what was then West Pakistan. A number of observers have…
Interest rates: no more room for tightening
Interest rates in Pakistan are almost at historic highs and still the country is running negative real rates on both current and forward-looking inflation. Some believe that the interest rates…
Reviving agricultural growth: Part – III
At present, the canal irrigation management system recovers only a quarter of its repair and maintenance costs. In the 1970s, the entire cost was recovered by these water charges called…
Daunting fiscal challenges
Since the assumption of power in April 2022, the coalition government of Pakistan Democratic Movement (PDM) has been facing daunting challenges on the fiscal front. It is evident from the…
Policies for digital banking: Part – I
The State Bank of Pakistan has recently granted five licences for Starting digital banks that would provide the whole range of banking services through digital platforms or electronic channels from…
Redefining Pakistan’s economy
This article is an effort on not only understanding the fundamental economic issues but also some tough but realistic reforms that can provide immediate corrections and some medium to long-term…
Counting the ways to borrow
Pakistan’s policy thrust today to get out of the ongoing very serious economic/financial imbroglio is, heads: seek more loans at the least possible cost; tails: seek more loans at the…
Dar sb waits, and waits
Finance Minister Ishaq Dar must have spent the last few days, since the zero-interest surprise disappeared from the headlines, waiting for the mullah lobby to come rallying behind him; lifting…
The future of SOEs [Part – II]
State owned enterprises in Pakistan have significant market presence, particularly in key service sectors like power generation and distribution, energy, aviation, and railways. The overall revenues of all the SOEs…
Depths of hurt
THE large-scale protests in India over the derogatory remarks made by two senior BJP members regarding the Holy Prophet (PBUH) reveal the extent of Muslim hurt and resentment that had accumulated over time. The…
