PREJUDICE AGAINST INDIA
This is with regards to the article “Lawn-ing with the most favoured neighbour” published on Monday, 05/03/2012. The fact that the writer linked up...
Liberalisation pitfalls
Granted, the local press is right in appreciating the pace of progress of Pak-India trade liberalisation set in motion by the Fahim-Sharma summit some...
Making oil affordable
Oil remains uncomfortably and unjustifiably bid in the international market. Libyan production is back online earlier than expected and Iraqi, Russian and Mexican crude...
To Russia with love
Whether or not the foreign minister’s surprise Moscow visit primarily focused on generating requisite funding for the Iran-Pakistan gas pipeline, as speculated in sections...
New middle class
It’s interesting that the most senior government functionaries should visibly posture towards a creating a ‘new middle class’ as elections draw near. And while...
Borrowing binge
The borrowing binge of the government of Pakistan seems to be never ending. The authorities have relied greatly on the SBP to fulfill its...
WAPDA travails
The Water and Power Development Authority has come down hard on the government for not being able to implement the crucial power sector reforms...
The UAEPAP initiative
At a time of increasing international financial isolation for Islamabad, the UAE Pakistan Assistance Program continues to provide crucial and appreciated assistance from a...
Revenue trends
The deficit continues to be nudged at from both sides as improved remittances partially offset dismal year-end export numbers, implying the fiscal deficit will...
Pak-Korea initiative
A probable Pak-Korea FTA initiative is just the blueprint trade authorities need to work on to squeeze fiscal leverage in an election season marked...
PPP and gas load shedding
How does it reflect on a presiding administration that it promises a ‘roadmap’ to tackle one of the economy’s most pressing issues, but only...
SBP and the finance ministry
The pretty wide gap between the SBP and finance ministry’s projection of the fiscal deficit – arguably the most concerning statistic at present –...
Forward looking monetary policy?
In principle, the central bank governor embodies everything capital markets hold as intrinsic truth when he says consumer expectation surveys will facilitate forward-looking monetary...
Inflation drop
The inflation surprise to the downside, and subsequent market rally, ought to be self-explanatory. Yet there are deeper issues that must be calculated, which...
Gas management
There is more than a grain of truth in aptma’s argument that a better form of gas rationing can be adopted than the one...
The good and the bad
While there’s little surprise in the government’s failure to enhance tax earnings in the year just ended, there is still reason to rejoice –...
The year that was
No denying the bearing of outside influences on economic policymaking, but when an entire year’s growth trajectory follows exogenous flows, there is something inherently...