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Pakistan, and international global financial order

In the recently released report ‘Regional Economic Outlook: Middle East and Central Asia’ by International Monetary Fund (IMF), one of its comments on Pakistan’s economy was ‘For… Pakistan, policy interest…

Economics over politics

It is quite interesting to see how losses in the economy are playing havoc with gains in politics. World politics is passing through a different and difficult phase of bickering…

Sustainability and Islamic finance

The unique characteristic of Medina Economics is the fact that almost all the building blocks of the Islamic economic system were completed in the lifetime of the Prophet Muhammad (PBUH)…

Petrol, people and policy

The ‘tough’ and ‘bold’ decisions that this government was being urged to take are finally here. In fact, ‘shock therapy’ would be the more appropriate term to describe the government’s…

Business of the street

The Haque model of inclusive cities advocated that cities should provide livelihood opportunities to all segments of society. Inclusive cities ensure all residents, including the poor urban working class, have…

Inflation and class war

Joe Biden is relying on the Federal Reserve to choke inflation, rather than instituting any policies to protect workers’ pockets. According to Politico, “Biden declared his ‘laser focus’ on inflation…

Legalizing street business

Pakistan has a large informal street economy occupied by individuals and micro-enterprises called street vendors (SVs), operating primarily in the country’s urban areas. The street economy closely works with formal…