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...

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...

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...

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...

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...

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...

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...

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...

‘Black year’ for agriculture

Identifying rock-bottom stage is tricky enterprise, hence age-old wisdom that “no matter how bad things are, they can always get worse”. But when a...

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...

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...

Washington’s paranoia and Pakistan

Modern real politik dictates that economic/financial interests lay the foundations of political alliances, hence the rush to safeguard and nurture trade alliances even as...

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...

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 –...

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...

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...