Economy: this madness must end
As of last week, forex reserves held with the central bank declined to $6.7 billion. The International Monetary Fund (IMF) review is delayed till at least mid of January 2023.…
Political instability has its toll on economy
It has been proved time and again that political stability plays a highly important role in the process of economic development of any country. That political instability widely affects economic…
The future of our economy – Part III
Coming to the third structural reform: investment rates have lingered around 15 per cent of GDP in the last decade thus constraining the rate of growth. Savings rates are dismally…
World economy faces more pain in 2023 after a gloomy year
This was supposed to be the comeback year for the world economy following the Covid pandemic. Instead, 2022 was marked by a new war, record inflation and climate-linked disasters. It…
The future of our economy – Part II
The short-term measures described in Part I will not have the desired effects unless the emphasis is shifted in our school system towards Science, Technology, Engineering, Creative Arts and Mathematics…
The future of our economy – Part I
The future of any economy is closely linked with its present and the past. Pakistan’s economic past has gone through different phases with impressive growth and poverty reduction in the…
Sindh: floods and rural economy – Part III
What needs to be done? One of the main reasons for the flooding due to torrential rains this time around rather – than the river levels rising –was that the…
Equitable economy
Over the years, our economic and financial experts have made us dependent on imported raw materials, goods and energy that we are unable to pay for. We are trapped in…
Sindh: floods and rural economy – Part I
Sindh has a population of around 50 million. There is an equal division – 52 per cent live in urban areas while 48 per cent in rural areas and around…
Sindh: floods and rural economy
Part II On top of the adverse global and national developments in a post-pandemic world, Sindh and Balochistan got severely hit by extraordinary torrential rains in a short interval of…
