Food insecurity
Pakistan has yet again fallen prey to climate-induced calamities. This time the scale of the disaster is much worse as all four provinces are experiencing the worst kind of floods,…
Global food security
Since the 2014 Crimean annexation, Russia has focused on claiming and invading the sovereign territory of Ukraine. The slow annexation of Ukraine started with the funding of Russian-backed separatist fighter…
Price stabilisation and extent of tight monetary policy
‘Today American policymakers face a stark choice. Either, they can fight inflation by continuing to hike interest rates to generate unemployment and bring down aggregate demand. Or, they can employ a surgical…
Need for fresh SDR allocation
Last August, the International Monetary Fund (IMF) issued enhanced special drawing rights (SDRs) allocation to the tune of $650 billion to assist countries manage their balance of payments, and make…
Food insecurity and war
THE cost of war is visible not only in gun smoke, bloodshed and tears; it is also evident in the sweeping away of the living rights of people affected by…
Muslims face frugal Ramazan as Ukraine war drives up food prices
Russia’s Ukraine invasion, which has already exacerbated food woes in parts of Africa and the Middle East, is marring preparations for the holy month of Ramadan and forcing a turn…
Economic and political instability
‘“Only a crisis — actual or perceived — produces real change. When the crisis occurs, the actions that are taken depend on the ideas that are lying around.” Friedman, one…
Cartelisation in developing countries
Formation of cartels is a global phenomenon and Pakistan is no exception. By definition it is defined as: “A cartel is a collection of independent businesses or organizations that collude…
Budget Speech 2020-21
Mr. Speaker, 1. I start my submissions with the name of Allah Almighty, the most gracious, the most merciful. It is a matter of great honour and pleasure for me…
Avoiding international sovereign debt crisis
“The COVID-19 crisis has made painful sovereign-debt restructurings inevitable for many countries... The World Bank estimates that as many as 100 million people could fall into extreme poverty as a direct result…
