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Making the NFC work

The recent demands from multilateral institutions such as the IMF and the World Bank to revisit the National Finance Commission (NFC) Award have ignited a fresh debate on resource distribution…

SOEs: performance & accountability

The World Bank’s recent report, titled ‘Pakistan Development Update, fiscal impact of Federal State-Owned Enterprises’, highlights a significant improvement in our economy, attributed mainly to enhanced and better management strategies,…

Is privatization the answer?

The newly elected coalition government led by Prime Minister Shehbaz Sharif is under immense IMF pressure to privatize several public-sector entities. PIA and power distribution companies (DISCOs) top the privatization…

In sickness and in debt: right to health

Muhammad Boota, a domestic worker in Lahore, requires an insulin injection every 10 days to help manage his diabetes. But just one of these injections costs about one-third of his…

Building high-tech industries

Pakistan’s development strategy should be primarily focused on the manufacture and export of high-tech goods. Therein lies our salvation. Knowledge today is the single biggest power engine for the sustainable…

There’s need to focus on economy

Breaking a two-week impasse following elections, Pakistan’s political power-brokers, after extensive negotiations, have reached an agreement to form a new coalition government with Pakistan Muslim League-Nawaz (PML-N) to lead the centre supported by…

Ramp up exports [Part – I]

In the current economic landscape of Pakistan, a clarion call for transformation resounds. The economic woes, manifested in perpetual borrowing, mounting external debts, and a precarious balance of payments, demand…

Beyond the polls

Beyond the tall claims politicians made during their election campaigns lie tough ground realities that public representatives now have to face. During their campaigns, some politicians promised to offer 300…

Misplaced optimism about economy

Given elections are scheduled for early February, a few months into 2024 spring will bring into public life a new government, but the question whether or not it will continue…