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Economic policy by the interim govt

Given Pakistan is facing very difficult economic challenge, mainly in the shape of bringing debt sustainability, on one hand, and on the other controlling inflation, while also providing as much…

‘Heat economic policy’

It is, indeed, important that Pakistan should continue to deal with its macroeconomic and growth challenges of the traditional nature, reducing twin deficits, avoiding stagflation, reforming state-owned enterprises, and fixing…

Fair elections and economic stability

“Gross financing needs are very large, mostly due to large debt service payments, while external market financing has dried up. Confidence is weak, and credit rating agencies have downgraded Pakistan…

Unaddressed economic challenges

The debate and anxiety throughout Pakistan in the aftermath of the stalled Extended Fund Facility (EFF) programme signed with the International Monetary Fund (IMF) in July 2019, ended unsuccessfully on…

The great economic challenge

Proud nations, with will of steel, shine the brightest when the clouds are the darkest. The current economic challenge at hand covers the policy landscape with such clouds. We should…

Leadership and economics

Upon the conclusion of every single overseas visit I am filled with sadness and a deep sense of disillusionment. This is despite a divinely blessed deep reservoir of optimistic attitude…

Economic architecture

THE US is having second thoughts about the Washington Consensus it had evolved in the 1990s. At that time, the Cold War with the Soviet Union had just ended, and…

Recalibrating governance: Part IV

Pakistan faces two serious problems in education. Twenty million children are out of school and learning outcomes from existing schooling are quite weak. To resolve both these problems, governance reforms…

Recalibrating governance – Part III

A major departure has to be made in the deployment of civil servants. Instead of senior, qualified and courteous officers being assigned to secretariat positions and junior, rude, unqualified functionaries…