Macroeconomic impasse
Macroeconomic management in Pakistan has always been put on a high pedestal and has often been treated as synonymous with good governance. This mistaken prioritisation of objectives has been a…
Macroeconomic indicators improve but poverty worsens
The advisor to the prime minister on finance Shaukat Tareen showed strong optimism recently when he stated that the steps taken by the government during the last few months has…
Macroeconomic stability and public debt
An appraisal of the government’s strategy to achieve macroeconomic stability by leaning on the International Monetary Fund (IMF), for credit inflow reflected in its new bid, for which a formal…
Macroeconomic stability
Universally accepted norms of achieving a balanced and sustainable economic growth of a country are its GDP growth rate, level of private and government consumption, private and public sector investments,…
The irrelevance of macroeconomics
I have been talking about the irrelevance of the western models of economics and finally Pakistan has been made to understand that the western economic system has missing links that…
The irrelevance of macroeconomics
I have been talking about the irrelevance of the western models of economics and finally Pakistan has been made to understand that the western economic system has missing links that…
Tax and the macroeconomic situation
We only raise about 8-9 percent of our GDP as tax. This is definitely not enough for the government, to sustain all the expenditures that we, as a society, want…
Ceasefire redraws strategic lines?
The May 10 ceasefire between India and Pakistan has brought considerable relief to millions across the border after days of unprecedented aerial strikes, drone warfare and cross-border shelling. Brokered with…
The flawed economics of the IGCEP
One of the ten commandments for electricity planning is ‘Thou Shalt Not Expand Electricity Supply Without Industrial Demand’. New power plants become stranded, costly monuments to poor planning without industrial…
An opportunity to forge unity
The unfortunate and gruesome terrorism incident at Pahalgam, followed by India's knee-jerk reaction – without any investigation or evidence – could be used as an opportunity to reduce polarisation. However,…
