Dr Hasnain Javed

Time and again, we reach a point in our economy, where the topic of privatisation emerges as a discussion of a concern. Once again the incumbent government expedites its plans to privatise State-Owned-Enterprises (SOEs) in an attempt to financially fuel the economy and release the burden on the country’s rising public debt. “There are two […]

In the previous part of this article, I emphasised the international aspect of oil supply and refinery capacity that may have led to its globally higher prices. However, the impact of rising oil prices on Pakistan can not be ignored. With a swindling political situation and looming uncertainty over the IMF loans, we are now […]

Oil is one of the most important commodities in the world, accounting for approximately 3 per cent of the gross domestic product. Petroleum products are found in everything from personal protective equipment, plastics, chemicals, and fertilisers to aspirin, clothing, transportation fuel, and even solar panels. Global fuel prices have continued to rise for the past […]

I believe what makes a country great is a thought from the past. As an economist, I don’t want everyone to focus on what could make a counter, but how can a country survive and thrive? As I sit here peeping outside the window of my hotel in California, I see the same economic and […]

In a new attempt to resolve financial troubles facing Pakistan, Prime Minster Shehbaz Sharif’s team announced super tax on a number of selected industries. The intention is to raise an additional Rs. 400 billion ($1.93) to meet IMF requirements to unlock further tranche of funds. But many seem to be in a state of confusion […]

The news of Pakistan’s exit from the FATF grey list came in as a sigh of relief to many agencies, ministries, and institutions. This was, indeed, a joyous moment for many. Also, in the Twitter war between who should be given the full credit for this victory, many simply forgot to mention the services provided […]

In one of my previous articles, “choosing to be wise – Pakistan’s quest for financial wisdom” I stressed the importance of national consensus on the financial and economic challenges facing the country. It seems that my words did not fall on deaf ears and a few days ago Prime Minister Mian Muhammad Shehbaz Sharif gathered […]

The world we live in is an intricate and elaborate fabric of social connections; fighting for their place in this limited space. Much similar are the dynamics of countries that operate to achieve stability, growth, and influence over one another. However, it gets interesting when we discuss the role of a hegemonic power in the […]

“Yesterday, I was clever, so I wanted to change the world. Today I am wise, so I am changing myself.” – Rumi Putting this quote into a more extensive economic perspective, as many criticised the statement, “beggars can’t be choosers,” I believe we can still choose to be wise and turn the tables. However, this […]

The world seems to be in a downward spiral with the Russia-Ukraine conflict, Sri Lanka economic turmoil and an unstable political situation in Pakistan. It seems that the year 2022 has dawned with a challenging situation for countries around the globe. I had preached in my previous writings that the changing geopolitical dynamics in the […]