111 510 510 libonline@riphah.edu.pk Contact

Strategy for resource mobilisation

The technical discussions in Islamabad on the ninth review of the IMF programme between the IMF staff and the officials of the Ministry of Finance are on-going. They have tended…

GDP growth in 2022-23

The World Bank has revised its projection downwards of the GDP growth rate of the economy of Pakistan in 2022-23 from 4% to 2%. Presumably, this reflects the negative impact…

Plots against the nation

With more than its usual share of sound and fury, this was an eventful week. There were two concurrent terror attacks on security forces in Balochistan’s rebellious strip, triggering some…

Charter of governance and justice

In the modern world, it is the fundamental responsibility of every state and government to provide the best, trustworthy and credible system of governance and justice to its citizens, through…

Raise in federal govt employees’ salaries

The federal cabinet has recently approved a special allowance to employees equal to 25 percent of the basic pay with effect from the 1st of March 2021. This increase has…

Some negative economic trends

There is growing perception that the economy has turned the corner and that the growth rate is picking up while the imbalances are increasingly under control. The only negative factor…

Wages of our labour

OUR average monthly wage has risen from Rs6,612 in 2007-08 to Rs21,326 in 2018-19, according to the Labour Force Survey 2018-19 (LFS). In between these 11 years, the average wage…

Fighting corruption

Transparency International-Pakistan’s National Corruption Perception Survey 2021 identified the police (41.4 percent) and the judiciary (17.4 percent) as the ‘most corruption institutions’ in Pakistan but both fall outside of the…

Inconsistencies in GDP estimates

The Ministry of Finance has issued a clarification on the 22nd of June in Business Recorder on the editorial earlier in the newspaper titled 'A Charitable View of Pakistan's Economy'. The Ministry…