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Consequences of frequent borrowing

The government of Pakistan has a plan of borrowing yet another time from commercial banks over next three months. We have also sought the bailout packages from the IMF. This…

Vietnam eyes China model to seek index upgrade

Vietnam is planning to relax its stock market settlement procedures for foreign investors, a critical measure to convince equity index managers to upgrade the country to emerging market status and…

Widening Indo-Pak economic divide

This is the final part of a two-part series of articles, highlighting the differences between India and Pakistan’s state of the economy. Cricket, a great if not the only unifier…

Is a new party needed?

Former Prime Minister Shahid Khaqan Abbasi has repeatedly mentioned that there is room for a new political party. There are many opinions about this within Pakistani political circles, but none…

India’s carte blanche

The Arthashastra, Chanakya’s 4BCE Sanskrit exposition, is a book on statecraft that introduced an empire-running module expounding upon Chanakya’s theory of conquer or be conquered. As against the age old…

IFIs at a crossroads

In October, as the world’s attention turns toward Morocco for the Annual Meetings of the World Bank Group and the International Monetary Fund (IMF), it is an historic moment to…

Reforming the forex policy

When Great Britain ruled British India, policy was made to serve the purpose of London. Objectives were elaborated there, based on the geopolitical/strategic circumstances of the time. Many British laws…

Oil price hike

Petroleum prices have been increased; petrol is costing Rs 305.34 per Liter and diesel Rs 311.84. It is an increase of 5.17 percent in the price of petrol and 6.48…