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Fiscal performance of provincial govts

The information on fiscal operations by the four provincial governments in the first half of 2024-25 has been released by the Federal Ministry of Finance. An analysis of the fiscal…

Pakistan’s pharma scene

Over the last few years Pakistan’s pharmaceutical market went through a dramatic transformation from multinational companies-based market to home-grown pharmaceutical companies-based market. When the MNCs arrived in Pakistan the local…

Uraan Pakistan

Uraan Pakistan, an initiative by the Pakistan Muslim League (Nawaz)-led government, was launched amidst much fanfare in the presence of representatives from all three national parties on 31 December 2024.…

Existential threats and Neoliberalism—I

The climate change crisis is fast-unfolding, and unlike what was thought at the time of the ‘Paris Agreement’ on climate in 2015, according to which the world has up till…

Capitalism: the double-edged sword

Capitalism, as an economic system, has been both celebrated for its unparalleled ability to drive innovation and criticized for its role in perpetuating inequality and exploitation. Its emergence alongside the…

Human development emergency: Pakistan’s greatest challenge

Economic policy debates in Pakistan tend to fixate on macroeconomic indicators—fiscal deficits, firm-level competitiveness, and GDP growth. Interest and exchange rates dominate discussions, while the deeper crisis — human development…