A fragile balance of payments
The statistics on the external balance of payments of Pakistan in 2023-24 were released last week by the SBP (State Bank of Pakistan). These statistics reveal a fragile position of…
An appraisal of FY25 federal budget
The Federal budget for 2024-25 has been presented in a mixed economic environment characterised by both positive and negative developments. The GDP growth rate has turned positive to 2.4% from…
Disruptive innovation
The world is witnessing a huge change because of the onslaught of disruptive innovations that are completely uprooting conventional industries and establishing fresh industrial landscapes in the developed world. A…
Global oil markets weaken as sluggish demand leaves overhang
Global physical crude oil markets are weakening because of soft refinery demand and ample supply, traders and analysts told Reuters, in a move that could spell further weakness for benchmark…
Pakistan needs a new political party
For the first time ever, many of us are not just apprehensive but frightened about the future of Pakistan. Daily survival is getting harder and harder for our people, our…
The falling rate of inflation
The last few months have witnessed a major drop in the rate of inflation as measured by the Consumer Price Index. According to the Pakistan Bureau of Statistics, it was…
Inevitable shift
The capitalist system, built upon a foundation of inequality and exploitation, is on the verge of collapse by the year 2030. Human history and civilization are poised to undergo a…
The PM’s tangled web
From his body language, Prime Minister Shehbaz Sharif does not exude the kind of confidence that one would normally expect, given his usual jauntiness. He appears to be edgy, with…
Inflation: what the govt is doing wrong?
Inflation for the current year, so projected the then finance minister Ishaq Dar in his 9 June 2023 budget speech, would be 21 percent for 2023-24 – revised upward to…
Provincial economic policy
As the new provincial governments are finding their feet in a rather very difficult economic environment, it is important to fix the problems at the root. This means setting aside…
