Broken back
The World Bank and IMF lureThird World countries into debt traps - extending loans for projects they don't need. Since these countries lack capacity to pay back, lenders demand sale…
Flawed interpretation
Dar has been particularly insistent in proclaiming that his skills on the negotiating table with particular reference to the International Monetary Fund (IMF) got Pakistan a particularly favourable deal with…
FBR’s ‘Year Book 2012-13’
The Federal Board of Revenue (FBR), in its Year Book 2012-13, issued on September 23, 2013, conceded colossal failure on meeting the assigned target, but as usual blamed it on…
Hundred days of economic management
During the five-year tenure of the PPP-led government, loadshedding became rampant affecting the productive activities and daily lives of people, growth rate declined to an annual rate only slightly higher…
FBR’s ‘Year Book 2012-13’
The Federal Board of Revenue (FBR), in its Year Book 2012-13, issued on September 23, 2013, conceded colossal failure on meeting the assigned target, but as usual blamed it on…
Contingency planning
The Government claims that the new IMF program of $6.7 billion under the Extended Fund Facility is based on implementation of 'home grown' reforms. If this is the case then…
Thinking taxation
Admittedly, the title even sounds repulsive; after all no sane person, given a choice, would wish to embroil his medulla oblongata in the wasteful pursuit of taxation matters, let alone…
Beggars cannot be choosers
Since Ayub's era our rulers have developed addiction for large intakes of foreign loans, especially IMF bailouts - many call it death-blows. With every loan comes a host of conditions.…
PML-N’s economic manifesto, its Implementation
The PML-N economic manifesto is essentially right wing: allow the private sector to become the engine of growth by providing a level playing field and an environment conducive to its…
‘Qarz burhao, mulk bigarho
In 1997 the slogan of Pakistan Muslim League (Nawaz) was 'Qarz Utaro, Mulk Sanwaro' [retire debt, adorn country], which is reversed in 2013 as all efforts are underway to increase…
