Minerals for growth and development
Recent global experience shows that minerals have driven high economic growth in many low and middle-income countries. With the right approach, they can be equally useful in Pakistan, to drive…
Money and man
IF there were a central bankers’ roll of honour, it would prominently feature Paul Volcker’s name, perhaps even at the very top. Volcker, who died in 2019 at the age…
Agenda for change
THE World Economic Forum has released its Climate Risk Report 2023. It does not have any good news for world leaders who manage global economic, environmental, geopolitical, societal and technological…
Budget 2024 & food security
PAKISTAN’S budget proposal for 2023-24 is being debated in the National Assembly and is expected to be approved. As usual, the budget, with an outlay of Rs14.6 trillion, relies heavily…
The challenges ahead
IT has been a year that one would like to forget. It has been a year of political turmoil, worsening economic crises and the return of terrorism. The perpetual state…
Taxing agri incomes
PAKISTAN’S inability to generate enough revenue means it invariably finds itself at the mercy of international lenders. Currently, we are signatories to an IMF deal that binds the government to…
Rising from recession
AN economic recession is generally bad news. However, the anticipated recession in the United States may do more good — rather than bad — to emerging markets such as ours…
Inclusive RE development
PROCUREMENT of renewable energy (RE) in Pakistan has historically been carried out through upfront or cost-plus tariff regimes. However, after the Alternative Renewable and Energy Policy 2019, the primary mode…
Why monetary policy prudence is a virtue
The upcoming monetary policy announcement on September 12th comes at a time when headline inflation has dropped to single digits for the first time in nearly three years. With the…
Elite colonizers of Pakistan
In Pakistan, a powerful few are pulling the strings of the economy, using their control to advance their own interests rather than benefiting the public. As the nation has till…
