Mandviwalla vs Sheikh
Serious charges are surfacing against the newly appointed Finance Minister Saleem H. Mandviwalla and lately the three-year reign of Dr Hafeez Sheikh marked by unsustainable reliance on domestic borrowing, poorly…
Pakistan’s economy – II
Lessons of experience Positive policy actionsThe above brief economic history narrative suggests several points. Political leaders, both civil and military, have had a major impact on the course of economic…
Increasing imbalance of inequality
What is equality? It is an even balance in society offering a fair opportunity to compete. People expect from the government that in their social contract with the state, there…
Pakistan’s economy – I
Alongsides is the first part of a three-part series by an economist who has reflected on his more than half a century involvement with the country's economy. Pakistan has had…
Towards TARP-II?
In the beginning it was tax evasion, and then became rampant corruption and eventually mafias took over, making the FBR irrelevant in most of the sectors-Ali Arshad Hakeem, Chairman FBR.…
Portugal seeks leniency from creditors as pressure grows
Pressure is mounting on the Portuguese government to drop its austerity policies just as experts from the European Union and the International Monetary Fund are in Lisbon to assess Portugal's…
Hafeez caretaker PM?
Dr Hafeez Sheikh's resignation as the Federal Minister for Finance has generated considerable speculation as to its reason. What fuelled these speculations was the fact that the Presidency issued a…
A careless caretaker government
There was no dearth of warnings about the impending economic crisis prior to the induction of the interim government. The PPP-led government had followed policies that led to a dire…
The real tragedy
The Finance Division has released its "Year Book 2011-12" which, besides citing heavy line losses, incomplete corporatisation, weak governance, costly fuel mix, and delays in bill payments, points to partial…
Agenda for the nation 2013 and beyond-III
Over the past five years, extremely bad governance wrought with corruption and compromise in the name of continuity of democracy has brought the country to a disastrous point. This has…
