Do not look a gift horse in the face!
Criticism against the government has not died down for the second week running with respect to the 1.5 billion dollars "gifted" by the Saudi government to the Pakistani government. Instead…
Limits to market interventions
Last week was witnessed a complete reversal of the (IMF-driven) policy of buying dollars to build reserves that had pushed the rupee down to the 108.70/$ level. Beginning March, the…
Rebuilding Pakistan’s economy
After eight months of the present Government, and at the time when the second review of the IMF is completed, it is important to look back on what we have…
Egypt investors believe Sisi presidency will bring stability
Egyptian Army chief Field Marshal Abdel Fattah al-Sisi may not look like a model democrat, but foreign and local businessmen believe he can deliver stability to open up investment opportunities…
View Point: Recipe for trouble
This government has been trying to fool us all along regarding the nature of "a new era in strategic partnership with Saudi Arabia." When a joint statement issued at the…
Improving fiscal management – III
Period from 2008-13 was adjudged as 'financial hara-kiri' by some economists35. "Never in the history of this country has the nation seen such a fiscally irresponsible government. They have maintained…
Privatisation: salvation or an incomplete truth
These days with the news of the government's agenda of privatisation many questions are making the rounds; why privatise? Why might privatisation fail? What is needed to make privatisation work?…
Sensible thinking at SBP
Why has the central bank not slashed the interest rate given the average inflation is down to below 8.65 percent and is probably going to remain low? Well, the message…
Rethinking the medium
Last week there was something to celebrate — rare in these troubled times. One of our eminent scholars, Dr Tariq Rahman, dean of the School of Education at the Beaconhouse…
Insipid IMF
On March 24, the IMF executive board released a statement on the state of the economy on the completion of the second review of the government’s policy performance supported by…
