Hold your head high SBP

It seems that SBP put on its cap of wisdom this time around, quite a turnaround from the previous statement, if one may consider...

Luxury of increasing product prices

Gas curtailment can certainly be in the running for the most hated word of the year, if there ever was one. Amongst those who...

Are we an apathetic nation

Earlier in 2011, the whole world stood amazed as protests shook various countries from North Africa to the Middle East. The revolution, that ousted...

Fiscal and monetary interdependance

As a rule, monetary policy must be complemented by a prudent fiscal policy. If the interest rate regime and money supply are left to...

Stardom of reinventing

How strange this might sound to one’s ears, the truth remains that the world we live in has become perplexed and competitive. Masses have...

Islamic interbank benchmark rate

On November 22, 2011, Thomson Reuters launched what it claims to be the world's first Islamic finance benchmark rate, designed to provide an objective...

Awaiting the fortune cookie in Feb

After a week’s sabbatical abroad, which really was not a time off for one was working, yours truly is back in harness. Meanwhile, with...

The evolution of cinema

It was in the mid-1800s, a little after photographic equipment was invented, that the concept of ‘moving pictures’ began. Photographs and drawings were placed...

Trade-with-India argument

While fine-tuning such arrangements, it is of the utmost importance to safeguard interests of local industry, agriculture and the services sector - Considering Pak-Indian...

Rage against the machine

At the end of the day it is the fiscal side of things that govern most global matters and none more so than the...

The double-dip dilemma

What Pakistan needs is growth that is job oriented - The economy expanded remarkably during 2001-07. The government in power back then, claimed several...

Philip Morris – comedy of errors

I don’t get to see the dandy Marlboro men, riding a horse anymore - According to a popular survey, Philip Morris, formerly known as...

The FDI prejudice

The years of 2005-2009 saw the largest amount of Foreign Direct Investment (FDI) routed into Pakistan in the last decade. However, a much talked...

Revisiting govt borrowing

There suddenly seem to have emerged a plethora of variables for the layman to understand the direction that the fiscal deficit funded by government...

The water bomb

For those of us who feel that the piling up of nuclear arsenal in itself threatens the future of South Asia, are blatantly mistaken....

Planning and economic growth

There are instructive elements in the so called anti capitalism movements across the west. They reflect public anger over the increasing rich-poor disparity that...

Debt, corruption and Islamic banking

In last week’s column, I suggested that a political party like Pakistan Tehrik-e-Insaf should adopt the promotion and implementation of Islamic banking as part...