Revisiting macro-economic policy
The State Bank of Pakistan (SBP), in its recent First Quarterly Report 2019-20, has stated that the policy mix adopted so far, “appears adequate to address the macroeconomic imbalances and…
Economic policy: where they went wrong
This fiscal year, July 2018 to June 2019, is proving to be the worst for our economy in decades. A year that filled many young Pakistanis with hope due to…
Emotion and economic policy
IT is never a good thing when the economic management of the country comes to be engulfed in turbocharged emotion. Policymakers become distracted and their political opponents magnify the challenges…
Why does our economic policy fail us?
Economics has been reduced to meaningless numbers in Pakistan and these numbers aren’t even telling us a coherent story. The only story they tell us is that the government doesn’t…
Egypt’s economic policy
The Egyptian government appears to be on the verge of further devaluing the pound. President Abdel Fattah el-Sisi met the governor of the country’s central bank, Tarek Amer, last week…
Economic policy imperatives
Given the precarious balance of payments and budgetary situation and high rate of inflation and low rate of economic growth, the PML-N government had some clear choices to make regarding…
A call for a ‘developmental state’ view of economic policy
After more than 20 years of implementation of neo-liberal free market and free trade strategies, the results are not that heartening. Various studies by International Financial Institutions confirm that there…
Economic policy in the Musharraf era was a mixed bag of the good, the bad and the indifferent
Let me first of all say that Prime Minister Shaukat Aziz, who was also Pakistan’s finance minister throughout the nearly nine-year period of President Pervez Musharraf’s rule, was not an…
The PTI’s economic policy
The PTI has finally come out with its official plan on tackling Pakistan’s economic woes. Before going into its critique, it has to be said that this is an extremely…
Time to recast economic policy
The European economy is in the doldrums. The countries on the periphery are already threatened by sky-high youth unemployment, stricken banking systems and economic stagnation — all before a possible…
