Stories by Shahid Kardar

Road to exiting IMF

Road to exiting IMF

Most ‘exit plans’ suffer from a basic flaw which confuses aspirations with instruments. Updated 28 Jan, 2026 09:26am
Lessons from PIA’s privatisation

Lessons from PIA’s privatisation

The central lesson from PIA is that the real reform is not the sale itself but fixing the governance structure. Updated 03 Jan, 2026 08:54am
IMF report: light on substance

IMF report: light on substance

A fundamental weakness in the report is the reluctance to admit the role of external agencies. Updated 01 Dec, 2025 09:41am
Industrial policy a relic

Industrial policy a relic

Pakistan does not need more attempts at assisting, through subsidies and protection, industries which cannot stand on their own feet. Updated 12 Sep, 2025 08:56am
Reforming the civil service

Reforming the civil service

The old systems of governance do not equip bureaucrats with the required technical skills. Updated 31 Oct, 2024 09:39am
IMF misses the mark yet again

IMF misses the mark yet again

There is a misplaced focus on numbers, with an emphasis on revenue generation instead of the fiscal structure. Updated 18 Oct, 2024 09:51am
A fraying federation

A fraying federation

A new federal structure has to be devised for the long-term sustainability of the state of Pakistan. Updated 01 Oct, 2024 08:59am
Matters of legitimacy

Matters of legitimacy

The lack of legitimacy is engendering resentment and alienation, making governance difficult. Updated 09 Sep, 2024 09:35am
Expecting too much

Expecting too much

The federal demand that the provinces raise more revenues is somewhat bizarre. Updated 13 Jul, 2024 09:00am
Restructuring debt

Restructuring debt

What are the options available for restructuring our external and domestic debts? Updated 07 Feb, 2024 09:58am
2024: Rocky road ahead

2024: Rocky road ahead

Our ‘friends’ have lost patience with us and are no longer agreeable to doling out lifelines. Updated 13 Jan, 2024 10:07am