Municipal self-governance
In Pakistan, the poor are subjected to heavy and cruel taxation to finance the luxuries of militro-judicial-civil complex and politicians - who enjoy free or concessional perquisites, benefits, including expensive…
Faulty gas distribution to invite food crisis
Power shortage haunts Pakistan and its political leadership with increasing intensity as Pakistan's majority the Muslim population enters the holy month of Ramazan. The experts estimate that electricity shortages cost…
Change the policy
I hate having to take off my shoes to go through airport security, don’t you? It’s really annoying, time-consuming and embarrassing (if you are like me and have holes in…
Introspection, what’s that?
A week after IMF and Pakistan came to an understanding on the terms under which the IMF will extend its $5.3bn Extended Finance Facility (EFF) an IMF spokesman told the…
Defunct economists at work
Pakistan is in the throes of a serious dilemma inasmuch as the functional aspects of the economy are not working. This happens when the fundamentals are not sound. The structural…
Concluding profit
The series of articles on Profit had a rather humble origin at the beginning of 2012 and never in the wildest was it ever envisaged that it would extend to…
The key challenge
Until last week, some Pakistani economists were opposed to any fresh borrowing from the IMF. Ironically, this lot included some key state office-holders who claimed that Pakistan had sufficient exchange…
Dar was talking a lot of sense
The Finance Minister Ishaq Dar has been successful in seeking commitment from the IMF for providing a bailout loan package of $5.3 billion for the next three years under the…
Fair game for the IMF
The IMF and the government of Pakistan have reached an agreement on yet another arrangement after a separation and then divorce from the previous standby arrangement between them. This is…
Self-reliance: let the journey begin
The present government is rightly focused on the need to increase the rate of investment in the country to around 20 percent of the GDP, which is required to generate…
