Is Super Tax a Solution to our Financial Problems? on July 1, 2022In 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 […]
Two Sides of the Coin on June 24, 2022The 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 […]
Beyond the Budget 2022-23 on June 15, 2022In 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 […]
Decoding the Impact of Hegemonic Power on June 1, 2022The 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 […]
Choosing to be Wise: Pakistan’s quest for Financial Wisdom on May 2, 2022“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 Economic Sense on April 9, 2022The 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 […]
The Economic Face of Demilitarization on March 24, 2022The Russia-Ukraine conflict jolted the world, in the aftermath of the events economies around the globe are now facing the real impact of Putin’s Demilitarization. For Pakistan, it is not only felt through the sharply rising fuel prices and an aggressively climbing inflation but also as increased political pressure from global powers. The isolation of […]
The Digital Economy on February 18, 2022The economy and society are undergoing profound changes as a result of digitalisation. It fuels entrepreneurial innovation, regional economic growth, and productivity. Additionally, it has consequences for economic growth, the labour market, and political engagement. And it imposes new educational and training requirements – not just in the realm of information and communication technologies. Today, […]
NSP and the Economy – Symbiosis or Symbolism on January 24, 2022“Appreciating this symbiotic relationship between economic, traditional, and human security allows the articulation of holistic policy actions that will prepare Pakistan to optimize national security outcomes in the coming decades,” noted National Security Policy Executive Summary. National security matters are of great complexity and are intertwined with other sensitive economic, social, and geo-strategic issues. Therefore, […]
The Curious Case of Crypto on December 10, 2021First things first, digital currency is not the same as cryptocurrency. The significant difference is the centralised operations behind a digital currency, whereas decentralised cryptocurrency relies on blockchain technology. Now, these may sound like layman terms to many familiar with cryptocurrency, but still, for many Pakistani and especially for senior financial professionals, this is an […]