Stories by Nasir Jamal

In favour of frontier bond markets

In favour of frontier bond markets

‘As a large debt market, Pakistan has the scale to attract meaningful institutional participation, provided liquidity and policy Updated 23 Feb, 2026 09:19am
A net-metering nightmare

A net-metering nightmare

'Attempting to repair 100pc of the sector by tightening rules on 1pc of the national electricity system defies logic and distracts from deeper structural distortions’. Published 16 Feb, 2026 07:13am
The yellow metal road  to security

The yellow metal road to security

The objective has never been to abandon the greenback altogether, but to reduce dependence on an asset that can be ‘weaponised’ during periods of political confrontation with the US. Updated 02 Feb, 2026 08:40am

Beyond the zero-sum game

Pakistan struggles to capture even a fraction of the vast pool of Chinese manufacturing and agri investment Published 26 Jan, 2026 06:21am

Addressing inefficiencies

Critics of stabilisation highlight the increasingly visible socioeconomic costs of prolonged economic stagnation Published 19 Jan, 2026 06:22am

Prepping for US sluggishness in 2026

For Pakistani exports, the impact is likely to be felt more through pricing pressures and margin compression than a collapse in... Published 12 Jan, 2026 08:19am
The flaws of coercive sustainability

The flaws of coercive sustainability

Banks cannot substitute relationship-based rural finance with unsecure, portal-driven credit mandates and expect similar repayment behaviour. Published 05 Jan, 2026 07:30am

An era of exits

Pakistan often represents less than a decimal point of overall global corporate revenues, yet it entails disproportionately Published 29 Dec, 2025 06:20am
Trade away from the West

Trade away from the West

A report estimates that US tariff measures could cost Pakistan around $0.5bn in annual export revenues and strain the current account. Updated 22 Dec, 2025 08:29am

Dissecting Chinese output

Two decades ago China’s economy was small enough that its trade surplus mattered little to the world; today it accounts Published 15 Dec, 2025 06:10am
Tracking the bad loans

Tracking the bad loans

The economic fallout of a weak loan-recovery framework is huge. Updated 08 Dec, 2025 07:23am

Not just a provincial bank

Often dismissed as a provincial lender, the Bank of Punjab has staged a turnaround, posting record profits and becoming Published 01 Dec, 2025 06:59am
Coddling exchange rate backfires

Coddling exchange rate backfires

"It took us 15–20 years to build a competitive interbank market, which we have destroyed by managing the exchange rate." Updated 24 Nov, 2025 08:00am
Temporary freezing of border trade

Temporary freezing of border trade

If links with Afghanistan remain closed, an estimated 90pc of Khyber Pakhtunkhwa’s industry could shut down, triggering large-scale unemployment. Updated 17 Nov, 2025 07:55am
Strategically evolving economic interests

Strategically evolving economic interests

Islamabad’s new balancing act is being closely monitored in Beijing, where Pakistan’s apparent tilt towards Washington has raised questions, if not caused unease. Updated 10 Nov, 2025 07:46am
Analysis: Is this a rollback of 18th Amendment?

Analysis: Is this a rollback of 18th Amendment?

Announcement of plans to undertake a major restructuring of Pakistan’s judicial, financial and administrative system has raised concerns across the political spectrum. Updated 04 Nov, 2025 08:07am
A jolt that may trip K-Electric

A jolt that may trip K-Electric

Nepra’s surprise tariff cut may ripple far beyond Karachi’s power grid as KE’s profits sink and investors threaten arbitration. Updated 27 Oct, 2025 10:00am