The efficient management of resources is strangely alien to Pakistan’s policymakers.
Greece got itself into a mess by not taxing sufficiently its richest elites.
What we have been witnessing here is a level of corruption once equated with the worst African despots.
One of the main purposes of having shadow budgets is to present an alternate set of proposals.
Recent national budgets have failed to convey recognition of Pakistan’s most pressing economic problems.
The NFC should focus more on outcomes than resource transfers alone.
An important consideration in planning the economic corridor should be the effect on Pakistan’s exports.
It is surprising that even informed observers appear to know little of the PRI’s working.
Overall business sentiment remains weak two years into the PML-N government’s tenure.
There is a near consensus that Pakistan will require another Fund loan within the next three to four years.
The issue is not Pakistan’s potential but how much of it has been actualised by different governments.
The discourse in Greece regarding reform, fiscal austerity and economic growth is not dissimilar to Pakistan.
Why did such a catastrophic shortage of an essential commodity occur?
Successive governments have relied on measures that place a heavier burden on consumers.
Perceptions of mis-governance by the ruling elite have depressed the nation.
The finance ministry is increasingly encroaching upon the central bank’s autonomy.
Three challenges stand out — the energy crisis, tax reform and restoring investor confidence.
This is as good a time as any for Pakistan to woo strategic investments by China.
Till the start of the 1990s, Pakistan had a stellar record of economic performance.
Pakistan offers market size but little else to a world-savvy investor.