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Stern business of funny money

In the mid-1990s the Soviet Union had collapsed and my friend Tariq Usman Haider was appointed as the envoy to Ashgabat, the capital of Turkmenistan. I took the opportunity to…

The reforms industry

In Pakistan since the coalition government has got some space, there is a whole reforms’ industry that has crept up. Some of this sentiment is quite genuine as Pakistan has…

Obviating the obvious

We begin with what appears to be the most obvious: when a legislative assembly is dissolved, elections must be held within ninety days. But, it would appear the obvious has…

Pakistan’s textile industry

Energy sector is the largest GHG producer in Pakistan. It is estimated that the energy demand in the country will reach 108 – 126 million tons of oil equivalent (TOE)…

Austerity

Most of our problems are political in nature, not economic. The IMF programme just by itself is not going to be enough. Question: why do we have 34 ministries, 48…

How to retain the GSP+ status

As a beneficiary of the GSP+ since December 2013, Pakistan has enjoyed 10 years of duty-free access to the EU market. GSP+ status has not only supported our exports but…