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Dar And The TONS Problem

Dar and the TONS problem

The one thing the PML-N can legitimately claim, as an advantage over its competition, is the richness of talent at its disposal. Prime Minister Nawaz Sharif, for all his limitations,…

Development Of Agriculture

Development of agriculture

I have always been interested in matters of national interest. For more than five years now I have been writing a weekly column in which I cover various topics such…

IMF – No half measures

Last week it appeared that the economic reality is finally sinking into the government high-ups. The statement of Saudi finance minister in Davos on not supporting countries (like Pakistan) unconditionally…

Civil service reforms that work

The newly-installed PTI government has constituted a task force on civil-service reforms. Over the years our governments have tried a number of times to reform the civil service but for…

The rise of right-wing populism

The anti-Muslim riots in the Indian state of Gujarat in 2002 claimed the lives of about 2000 Muslims. They have been called “organised political massacres” of Muslims, and many independent…

Where We Stand

Where we stand

As the PTI has assumed power in Pakistan, a lot has been said about our economy. And the constant noise is that somehow our economy is in the worst shape…

Where We Stand: Part-II

Where we stand: Part-II

Most economists think that the strong rupee policy our State Bank has always pursued is detrimental to our current account position. As an economist, I agree with this assessment. Flexibility…

The Face Value Of Low Interest Rates

The face value of low interest rates

In a rather surprising move the Governor of State Bank of Pakistan (SBP), while announcing the monetary policy at a press conference last weekend, reduced the interest rate to a…