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In support of a tiered university system

The seeds of California’s public university system – as it is today – were sowed in 1960, with the California Master Plan. The plan aimed to combine exceptional quality and…

Supporting Palestine

THE violent dispossession of Palestinians’ homes in East Jerusalem and the West Bank, the continuous harassment of Palestinians and the apartheid imposed on them in occupied Palestine, and the indiscriminate…

Financial inclusion and women’s integration

Mao Zedong proclaimed that ‘women hold up half the sky’ but he forgot to recognize that we still live in a man’s world. Women’s empowerment through access to finance, jobs,…

Call For Independent Financial Reporting Body

Call for independent financial reporting body

The Audit Oversight Board (AOB) established under the SECP Act, 1997 to regulate audit profession in the country and the Accounting Standards Board (ASB) recently formed under the control of…

Some thoughts on improving global financial governance

Globalization has recently come under attack for having given rise to excessive nationalism and protectionism. Excessive nationalism and protectionism carry the potential to hamper global economic recovery. For this reason,…

Financial emergency: possible/probable?

Is the declaration of a financial emergency imminent if the budget 2018-19 is implemented? This has been categorically rejected by Federal Finance Minister Miftah Ismail as one would have expected…

Illicit financial flows in the region

A recent study (November 24, 2017) provides an assessment of routes, actors and sources of Illicit Financial Flows (IFFs) and corruption in and between Kyrgyzstan, Tajikistan, Afghanistan, Pakistan, India, Nepal,…

HEC assures support to private varsities

The Higher Education Commission (HEC) on Friday assured full support to private universities provided they follow rules and regulations. A consultative meeting was held on Friday at the HEC office…

Implementing the IMF-supported programme

FOLLOWING several boom-and-bust cycles over the last 25 years, Pakistan’s economy is once again in a challenging situation. Public-sector deficits and losses in state-owned companies ballooned in recent years as successive…