Only some bold steps can help govt fix the economy
Last week, CFA Society Pakistan conducted a seminar in Karachi where two former Deputy Governors of State Bank of Pakistan (SBP) were invited and they candidly discussed the exchange rate…
State of the economy
The fiscal year 2023-24 is likely to close with a mixed performance by the economy. On the positive side, there has been a modest recovery in the GDP growth rate…
It’s all about the economy
Karachi, being Pakistan’s premier industrial and financial centre and home to 90 percent of the multinational corporations operating in Pakistan, and also with the largest formal economy of the country…
Very critical 2020s: existential threats and global economy
‘The 2020s are almost halfway over and are on course to be the most difficult decade for the global economy since the 1930s. Every finance minister and central bank governor…
Rising energy tariffs, sinking economy
Unless power tariffs for industrial consumers are rationalized immediately, economic catastrophe is imminent. Pakistan faces a situation akin to the “boiling frog” metaphor, where the gradual increase in energy tariffs…
Israel holds Palestinian economy captive
The Israeli war in Gaza is speeding up Israel’s “annexation” of the Palestinian economy, say analysts, who argue it has been hobbled for decades by agreements that followed the Oslo…
The quest for a rule-based economy
During Eid holidays a simple graph was viral which depicted the secular decline in Pakistan’s economic growth since the 1990s relative to India, on fifteen years rolling basis. The frequency…
There’s need to focus on economy
Breaking a two-week impasse following elections, Pakistan’s political power-brokers, after extensive negotiations, have reached an agreement to form a new coalition government with Pakistan Muslim League-Nawaz (PML-N) to lead the centre supported by…
Economy on a knife-edge after election
With ballot-box rigging, arbitrary arrests, politicization of the judiciary, media censorship, and endless internet blackouts, democracy has become a distant memory in Pakistan. The elections held on February 8, after…
Strong US economy sends dollar bears into hibernation
A stronger-than-expected US economy is buoying the dollar, frustrating investors who had bet the currency would wilt under a barrage of interest rate cuts that have yet to materialize. The…
