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Lessons from Egypt’s IMF deal

Like many nations burdened by debt, Egypt once again found itself navigating a storm of economic challenges, a scenario all too familiar to Pakistan. With an external debt-to-GDP ratio breaching…

Western policies and immigration

The recent boat tragedy off the Greek shores has saddened the entire nation, prompting Prime Minister Shehbaz Sharif to announce a day of mourning. The fate of many Pakistanis is…

Lender of everyone’s resort

Sri Lanka defaulted on its sovereign debts in April 2022. In July 2022, the International Monetary Fund (IMF) warned that 53 more low-and-middle-income countries, including Pakistan, were either experiencing debt…

Climate diplomacy

Pakistan is a victim of climate disasters in the form of heatwaves, floods, glacier melting, and droughts. The recent floods in the country have resulted in a total loss of…

Conflict in Ethiopia

The unfolding Russian assault on Ukraine is pushing other global conflicts into the shadows, but the latter keep festering nonetheless. Some of these will also have important geostrategic consequences. One…

History of taxation: a perspective

Taxes are share of state in income, production and consumption and never liked by individuals or corporate bodies. However, they have very important role in economic development and income redistribution.…

Remembering six days of war

Some events have such profound implications and legacy that they leave an indelible mark on history. The Six-Day War fought June 5-10 in 1967 is one such episode. Also known…

Surging inflation

For the United States and much of the rest of the world, the 1970s were a time of high oil prices, surging inflation, stock market swoons, political upheaval, and geopolitical…