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Revisiting macro-economic policy

The State Bank of Pakistan (SBP), in its recent First Quarterly Report 2019-20, has stated that the policy mix adopted so far, “appears adequate to address the macroeconomic imbalances and…

Economic impact of abolished zero-rating

One of the most detrimental aspects of the federal budget FY20 has been the elimination of SRO 1125 and the imposition of General Sales Tax of 17% on the previously…

Economics of wars

“All war is a symptom of man’s failure as a thinking animal,” John Steinbeck. Wars are dangerous, costly, destructive and inhuman. Yet history shows how they are a political indulgence…

Tackling Economic Woes

Tackling economic woes

The recent statement of Chinese Ambassador to Pakistan Yao Jing augurs well for the debilitating economy of the country. The envoy while talking to the media recently in Quetta said…

Economic illusion

REMARKABLE, isn’t it, how major crises in Pakistan are forgotten when supposedly bigger crises displace them, whether by design or otherwise? So it is with the economy, which was and…

Flag protection an economic opportunity

Any country, when drafting its maritime policies, is faced with a dilemma that is similar in nature to most other economic matters. These countries have to choose between a protectionist…

Two legs of economic management

SO the circle is complete. As of this week, we have the two favourite ingredients that have defined our economic management for a decade now: a tax amnesty scheme and…