Interest Rate Hike Cripples Pakistan on May 22, 2024In a startling turn of events, Pakistan finds itself in the grips of an economic crisis exacerbated by the highest interest rates in the world, maintained by its central bank, the State Bank. With an interest rate pegged at a staggering 22%, influenced by the IMF, the country’s economy is hurtling towards collapse, raising concerns […]
India’s Cosmetic Economic Ascent on May 1, 2024“It is a shining facade with human development lagging behind.” India’s economic story is often painted in vibrant hues. For decades, the nation has enjoyed impressive GDP growth, consistently ranking among the fastest-growing economies globally. India’s average growth rate over the last decade has been about 7 percent while China’s growth in comparison has been […]
The Silent Economy on April 20, 2024Gold has long been a cornerstone of global economics, with its value deeply intertwined with historical events, geopolitics, and economic factors. The fluctuation of gold prices throughout history has been closely tied to significant global events, providing a barometer for the state of world economies. From the pre-war days to modern times, the value of […]
Towards Equitable Development on April 8, 2024Pakistan’s monetary discussion will always remain incomplete without taking into account its fiscal federalism landscape. And within this realm, Pakistan’s National Finance Commission (NFC) Awards stand as a pivotal mechanism for distributing financial resources among the federal and provincial governments. Yet, as the country grapples with persistent fiscal disparities and inefficiencies, there arises a pressing […]
Economic Doomsday on March 26, 2024Ever wondered what an economic doomsday might be like? Some might say Pakistan is at its brink and others might shrug it off as a far-fetched idea or may a thing of fiction. However, I believe if Pakistan’s leaders or think tanks continue to follow this path they are on – it is nearer than […]
Exporting Talent for Remittance on March 11, 2024“Global Declining Population Offers Opportunity for Pakistan to Export Skilled Labor for Higher Remittances – myth or a reality”. In recent years, the world has been witnessing a demographic shift characterized by declining population growth rates in various regions. According to studies, the global population growth rate has been gradually declining over the past few […]
From Dispute to Duress on March 1, 2024It seems that the recent news regarding the completion of the Shahpur Kandi barrage and the complete stoppage of water from River Ravi has fallen on deaf ears in Pakistan. There is a haunting silence over the matter except for a few hours of media coverage and a few newspaper stories highlighting the public outcry. […]
A Road Less Travelled on February 24, 2024The post-election political situation is bleak for Pakistan, and this is one of the main reasons cited for future economic challenges. The general elections of 2024 marked a significant turning point for Pakistan’s political and economic landscape. With a new government taking its place in the federal and provincial houses, the country stands on the […]
Divided We Stand on February 14, 2024The election frenzy is not yet over, and February is turning out to be a defining month for Pakistan’s politics and economy. From pre-pole rigging to post-election meddling, Pakistan’s General Elections were marked by overwhelming public response, international media criticism of historic rigging and national outcries of stolen mandates. Amidst this political chaos, we must […]
State-Owned Enterprises: The Irreversible Damage on February 4, 2024The 1970s, the era of socialism and nationalization swept across Pakistan, with the state taking control of key industries and businesses to drive economic change and equal distribution. The seed planted by Prime Minister Zulfikar Ali Bhutto was meant to drive the country towards progress and social equality. This was based on his socialist ideology […]