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Economics And Politics Of Energy Imports

Economics and politics of energy imports

Pakistan is in the middle of a major socio-economic crisis because of the non-availability of electricity on a sustained and affordable basis. The crisis is basically caused by major gaps…

How The NSC Should Operate

How the NSC should operate

The just reconstituted Defence Committee of the Cabinet (DCC) as Cabinet Committee on National Security (CCNS) is an exercise in futility because it is not structured and empowered to carry…

Process And Outcomes

Process and outcomes

Prospects have brightened for an early resumption of the Pakistan-India normalisation process as a result of several developments that have taken place since Prime Minister Nawaz Sharif assumed power. Diplomatic…

Failings Of The State Bank

Failings of the State Bank

All over the world, central banks perform three main functions. First, they formulate and conduct monetary policy with the objective of keeping monetary expansion and inflation under control, and channelling…

Sovereignty – The Task Ahead

Sovereignty – the task ahead

The people of Pakistan have given their verdict - PML (N) in Punjab, Balochistan and the Centre, PTI and JI in KPK and PPP and MQM in Sindh. Once again…

Jail Assault And The Republic’s Dilemma

Jail assault and the republic’s dilemma

The Taliban come to attack the Dera Ismail Khan Central Jail carrying their lives in their hands. They assault it with mortars and rocket-propelled grenades. And the first thing the…

The Rupee Under Pressure

The rupee under pressure

Pakistan and the IMF have reached a staff level agreement for a $5.3 billion bailout programme. Before this programme is presented to the executive board of the IMF for its…

Pursuing Normalcy

Pursuing normalcy

The Nawaz government has been in power now for nearly two months. Rather unusually, the prime minister has kept the foreign ministry portfolio to himself, supposedly because it is too…

Review The Tax Target

Review the tax target

The finance ministers and the central bank governors of the Group of 20 nations (G20) met in Moscow on July 20) to review the global economy. They agreed to take…

Rivalry In Afghanistan

Rivalry in Afghanistan

We are less than 18 months away from the December 2014 transition deadline in Afghanistan. Political and security-related issues that need forward movement during this period are in focus —…