The challenge lies in boosting commodity output to create substantial trade surpluses after meeting domestic demand.
Participatory federalism would be strengthened if the widest possible consensus was achieved through multiple-party dialogue that focused on reforms
Official efforts notwithstanding, many hurdles need to be removed to facilitate businessmen
As per a press release, International Industries Limited (IIL), Pakistan’s largest manufacturer and exporter of steel and polymer
The exclusive focus on foreign investment by SIFC is a cause for concern and may not yield the desired results.
Instead of attributing our failures to outside forces, we now increasingly acknowledge we are culpable for the dismal state.
All efforts so far to reform government administration have largely ended in failure.
The centralised top-down approach with its limited reach is not enough to put things right and needs the crutches of the bottom
Much of the problems in devolution can be attributed to federating units not being treated as autonomous entities but as provinces.
A competent team of technocrats with elected representatives at the helm must execute people’s mandate.
Economic growth has been hamstrung by the lag in social progress
An overview of the current conditions indicates that the hybrid regime will pass the baggage on to the next elected government.
Expansion of the tax base will remain elusive as long as the informal economy remains unincorporated.
Short-lived regulatory measures did help cut imports but at cost of reducing manufacturing and slowing down economic growth, investment.
SIFC may lead to the duplication of institutions as the role of the Board of Investment has become blurred
Timely elections may open up the path of stability if the government elected in free and fair polls is allowed to complete
In the past, instances of inflation-related turmoil have seen significant regime changes around the world
Imbalances have struck deep roots in the economy.
Grassroots democracy is inescapable for reducing the gap between the government and the people as well as the state.
Credit advanced by banks to the private sector, a Ferguson report says, remains the lowest at 15pc of GDP in Pakistan compared to the regional range of 32-39pc.