Voters gathered around a smartly-dressed candidate from Greece's anti-austerity party Syriza in an affluent Athens suburb asking the question everybody wants answered: Will the country go bust? But then the…
IN aggregate terms, Pakistan has a strong, stable and well-capitalised banking sector. The benchmark indicator of the health of the banking system, regulatory capital to risk-weighted assets, stood at nearly…
IN Pakistan, purchasing land is not just laboriously complex but also insecure as the law provides little or no protection to the investor’s title. Under the current legal framework for…
The State Bank of Pakistan (SBP) has kept the policy rate unchanged at 6.5 percent. In the previous policy it had reduced the ceiling of interest rates corridor by 100…
Pakistan's economy is passing through the most difficult and challenging phase of its economic history. The landscape of its economy has changed dramatically since 2007-08. Seven years of managing the…
The seventh National Finance Commission (NFC) award was recently renewed for a year. Deliberations on the eighth award have already begun. As we transition to the new NFC, it is…
There’s much to celebrate in Pakistan on this Eid. The metro bus is up and running in the twin cities, despite an unanticipated and rather wet hiccup, experienced when the…
Pakistanis have become so accustomed to walks of shame that we surprise even our closest and dearest friends when we walk away, instead of getting in the wrong bed at…
The annual report of the State Bank of Pakistan for FY14, released on December 10, makes for fascinating reading. It seems to oscillate between telling the truth and defending the…
In the last quarter of a century several civilian and military governments have come into power, blamed their predecessors for mismanaging the economy and promised to make a new beginning…
