Prime Minister Imran Khan is reportedly going to stop over in Saudi Arabia en route to address the United Nations General Assembly with the objective of discussing the status of the pledged 20 billion dollar Saudi investment into Pakistan - a pledge made by Crown Prince Mohammad bin Salman...
PAKISTAN is in the vice of a debt ‘trap’. Nothing reveals this more starkly than the recently released figures for the fiscal deficit and total debt and liabilities for 2018-19. The budget deficit has been recorded at 8.9 per cent of GDP, while total debt and liabilities have increased by a...
The measurement of inflation is never and nowhere without controversy. Pakistan is no exception. The recent change of base of the Consumer Price Index (CPI), the official measure of the rate of inflation, has raised some eyebrows, but not as many as in the past. A question being asked...
Minister for Power Omer Ayub has said the government will challenge the decisions of International Centre for Settlement of Investment Disputes (ICSID) in Reko Diq and Karkay cases against Pakistan. Earlier, in July, the ICSID slapped a whopping award of $5.976 billion against Pakistan on a plea of petitioner...
PAKISTAN and China have reaffirmed that the CPEC, as a pioneering project of the BRI, had entered a new phase of high-quality development and the need to give new impetus to the historic initiative. During extensive dialogue between Chinese Foreign Minister Wang Yi and Pakistani leadership, the two sides...
The establishment has shown concerns and the resolve to streamline the deteriorating economy of the country. Earlier the political governments were shown the door, inter alia, on the charge of economic mismanagement. In June 2019 the government established the National Development Council (NDC) which includes Chief of Army Staff...
For governments in Pakistan, things doable have become undoable. During Muharram this year, milk became dearer than petrol and diesel. In Karachi and other places of Sindh, the price of milk had gone up as high as Rs140 a litre. At the same time, petrol was selling at Rs113...
One of the most common mismatches in life is that between income and consumption. It’s good when income exceeds consumption, but explains all the downsides of poverty when it is the other way round. The art of dealing with this mismatch is called ‘consumption smoothing’, and most of us...
“Domestic tax collection increased by 28 per cent”. This was how many newspapers reported the tax collection figures for the first two months of the current fiscal year. Reportedly, this came out of a presentation made by the Adviser on Finance to the Prime Minister. Such cherry-picking of data, whether...
The base of an index plays a critical role in its measurement. The longer a base is retained, the more distant it becomes from the start. This is all the more true when the index is based on weights used in measuring the relative importance of various components in...

Opinion

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Kashmir-CPEC nexus

In a new geostrategic scenario, situation has tied up Kashmir and CPEC with each other forever. Their correlation has opened up a new window...