Stories by Farooq Arby

Forex crowding out

Forex crowding out

The SBP must reassess its market interventions.
Updated 12 Nov, 2026 04:59pm
Tax game

Tax game

Traders are smarter than the FBR. This should be recognised.
Published 12 Oct, 2026 06:43am
Why only JI?

Why only JI?

JI’s strength comes from organisation rather than the ballot box.
Published 10 Sep, 2026 06:39am
Exchange rate dilemma

Exchange rate dilemma

Policymakers try to keep the exchange rate artificially stable.
Published 01 Aug, 2026 05:36am
Fiscal federalism

Fiscal federalism

Resources shouldn’t be taken back from the provinces.
Published 18 Jun, 2026 06:32am
Taxing targets

Taxing targets

Indiscriminate taxation weakens legitimacy.
Published 01 Jun, 2026 07:21am
Engineered stability

Engineered stability

A credible exchange rate must balance three imperatives.
Updated 03 Apr, 2026 06:55am