Checking into CPEC Hotel on April 28, 2017Gilgit-Baltistan (G-B) is frequently billed as the Jewel of Pakistan. This nomenclature has gained newfound importance in context of the China-Pakistan Economic Corridor (CPEC) projects. During my recent visit to Gilgit-Baltistan, I was overwhelmed to see the extent of local obsession with the corridor. A shabby roadside dubbed “CPEC Hotel” can be seen as an […]
Why Pakistan needs to look beyond CPEC on October 28, 2016The China-Pakistan Economic Corridor (CPEC) has become the mother of all foreign investments in Pakistan. And there is truth to this. What started as a $46 billion set of projects has now increased to $51 billion as China has recently also committed to fund Karachi-Lahore rail line under CPEC. This price tag alone places it […]
Pakistan: emerging economy or security economy on October 21, 2016Pakistan was termed as one of the top emerging economies in South Asia by the Atlantic Media Company (AMC), an international rating agency, in June 2016. This arrangement has come on the back of improved macroeconomic outlook and better law and order situation prevalent in the country as terrorist attacks have undergone a 70 percent […]
Politics, IMF and the road ahead for Pakistani Rupee on September 27, 2016The exchange value of Pakistani Rupee has been stable around Rs 104 per dollar for the last 13 months. This stability goes back even more than that. Rupee has been somewhat stable since 2013. Last time Pakistan had a stable rupee streak was during 2001-2007. Economic fundamentals crucial to exchange rate stability were strong then. […]