Curtailed Hajj compounds Saudi economic woes
Vacant religious sites. Abandoned pilgrim tents. Lifeless hotels. A stunning emptiness — and fears of economic ruin — haunt the usually bustling city of Makkah after Saudi authorities curtailed the…
Urgent need for revisiting economic policy
Prime Minister Imran Khan generally underscores the need for promoting wealth creation since there had been no meaningful effort by predecessor governments to create pro-business policies. This makes sense, but…
Economic bubble?
As Pakistan witnesses a rising current account deficit, questions surrounding its pace of economic growth and its failure to protect households from rising inflation have appeared on the horizon once…
Economic imperatives
The new government is in place both at the Federal level and in the Provinces. Despite allegations of vote rigging, the transition has been peaceful and orderly. A general commitment…
The CSS downturn
A couple of weeks ago, the Federal Public Service Commission announced the results of the written test of the Central Superior Services (CSS) examination. Of a total number of 14,521…
Malaysia’s hopes of economic revival under Mahathir fade
A year ago, Malaysian land surveyor Muhammad Nur Aliff had high hopes that a shock election victory by 93-year-old Mahathir Mohamad could be the catalyst for reform and revival in…
Dashboard of a downturn: global recession signals
As the US-China trade war erodes confidence and central banks prepare to unleash another wave of stimulus, investors are checking which advance warning indicators might be forecasting a global economic…
Economic reforms: Part-XXIV
In our series on economic reforms we discussed the outcomes achieved under the Poverty Reduction Strategy Paper (PRSP), 2001. As mentioned earlier, the PRSP was a comprehensive statement of economic…
Mining news stories catching on in economic forecasting
Government officials and investors are on a constant quest for more and better information about the economy to gauge what policy levers should be pulled, or just to help them…
Asia-Europe economic cooperation
Of the several interesting seminars, I recently attended at Frankfurt the one on Asian European integration was extremely forward looking in its content. It sported prominent panellists, including our own…
