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Islamabad
Tuesday, November 20, 2018
The China Pakistan Economic Corridor (CPEC) has a third partner now. When Prime Minister Imran Khan paid his maiden foreign visit to Saudi Arabia, people back home knew it was going to be a call to relieve Pakistan of the financial burden pushing the country once again to seek...
The most critical ministry today is the finance; there are number of politically difficult decisions in offing, a few have been taken and others are in the pipeline. The most critical decision pending is on what external avenues to rely on to bail out the economy. It is a matter...
Imran Khan’s maiden address to the nation as the prime minister was interspersed with examples from the state of Madina that was built by the Prophet (peace be upon him) and his companions over fourteen centuries back. He longingly mentioned incidents reflecting how Muslim rulers back then were accountable...
Pakistan and China have flourishing ties and these ties have been moving towards the China-Pakistan Economic Corridor (CPEC) to achieve mutual prosperity. Partnership is the cornerstone of their friendship. With these expanding postures, Chinese Foreign Minister Wang Yi took a three day-long visit to Islamabad. China and Pakistan could unleash great...
In the first part of the movie Godfather, Tom Hagen tries to explain to Santino (Sonny) Corleone that the feud with the opponents was about business. Even the attempted murder of his father Vito Corleone, Hagen tells Sonny, was business, not personal. American frustration with Pakistan is about business....
The bar is set high as the new Imran Khan government tries to grapple with the economic situation in the country. Falling right into the trap to live up to its opposition time rhetoric, its different tiers of leadership are busy giving confused and mixed signals to businesses and...
Since late 1980s, Pakistan has availed 12 IMF bail-out packages with disastrous results. Now a 13th package is being considered as external debt has spiralled to $92 billion. To ease the pressure of payments, the government plans to borrow $11.6 billion in 2018-19. According to Dr. Ishrat Hussain, Ex-Governor...
A couple of weeks before the elections we had to call an emergent distributors meeting at our company offices as the sales team informed the management that production’s off-take was slow and inventory was piling up. When the problem was presented to the distributors there explanation was that given...
Setting the directions right As the new government assumes power, energy crisis is one of the biggest challenges facing Pakistan. Given the fragile economic conditions, and its numerous implications for the macro- and micro-level socioeconomics, the crisis should be at the top of the priorities list. The over-a-decade-long energy crisis...
Now that the PTI government is on the verge of entering, it is worthwhile to recall what their economic vision comprises, and what might be the biggest stumbling block they will face. I see one principal trade-off that they will have to face in implementing the agenda laid out in...

Opinion

Economy

Daronomics and its aftershocks

The former Finance Minister Ishaq Dar has finally come out to share his side of the story on what went wrong with the economy....