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SIFC and Pakistan’s future

Pakistan’s economy has witnessed several challenges in the past few years. The country was on the verge of default up until a few months back. Some quarters blame the PDM’s…

How to help the people

The drastic reduction in petroleum prices has led to sighs of relief among the people of the country, who had been reeling under ruthless inflation. The decision might go some…

Elusive macroeconomic stability

In a recent statement reportedly, interim finance minister Dr Shamshad Akhtar indicated that there were signs of economic recovery, whereby she pointed out: ‘There are some initial signs of economic…

Eccentric currency market reforms

September 2023 holds some significant importance for Pakistan, marked by a series of notable events. In the first week of this month, we witnessed unusual and rapid surge in the…

Spurt in inflation

The Pakistan Bureau of Statistics (PBS) has released the estimate of the rate of inflation in the national Consumer Price Index in September 2023. There is a visible spurt. It…

No more business as usual—II

Known solutions to our problems start with merit-based governance and justice system adhering to our Constitution. Structural changes need to be made to existing layers of governance of local governments,…

This crisis is a moment: Part – II

The austerity measures being considered by the Cabinet Committee on Economic Revival (CCER) could save Rs424 billion by creating a Single Treasury Account, Rs54 billion in six months by a…

SOE conundrum: To be, or not to be…

State-Owned Enterprises (SOEs) have become a subject of heated debate in Pakistan, with conflicting opinions on their impact. Detractors argue that SOEs drain national resources through inefficiencies and misappropriation, while…