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Pandemic and inflation

Aggregate demand must be curtailed to contain the rate of inflation, a theory fully supported by the International Monetary Fund (IMF) in its Extended Fund Facility (EFF) programme design, and…

IMF and the stalled second tranche

Questions are being raised as to when the 6 billion dollar International Monetary Fund’s (IMF) Extended Fund Facility programme will resume, suspended post-March 2020 to enable the administration to deal…

SBP profits rise and need for caution!

Pakistan’s budgetary financing operations (federal and provincial) July-June 2019-20 were released on Wednesday – the day after the briefing on the data to the cabinet on 11 August 2020. Prime…

Winning in a Khan News world

 What will he say next? This is the question that may shape the politics of this country for the next couple of years. Buckle up and drink lots of fluid.…

Inflation: who is responsible?

Advisor to the Prime Minister on Finance Dr Hafeez Sheikh expressed concern at the rate of inflation, and the credibility of Pakistan Bureau of Statistics (PBS) data while chairing a…

Middle East – shifting paradigm

Israel is making waves again. Nothing new. The current rapprochement was in the making for a long time. The UAE and Bahrain have established diplomatic relations with Israel. The Arab…

Robber barons and carpetbaggers

Prime Minister Imran Khan has very rightly used the occasion of his virtual speech at the 75th session of the United Nations’ General Assembly to bring to the attention of…

In Tehran, White House race is talk of town

For Iran, struggling from sanctions imposed under Washington’s policy of “maximum pressure”, the US presidential race raises hope of change - but also fears that life could get even worse.…

Voiceless victims

The furore over whether Novak Djokovic will or will not be allowed to compete in the Australian Open has pitted the Serbian tennis star and vaccine sceptic against the government…

The economics of shortages

Shortages that presage a raise in the price of a commodity have become a way of life in Pakistan – shortage of electricity, shortage of gas in the winter months,…