The less travelled road to managing the external financing gap 

The global economy is passing through a perfect storm. The commodity super-cycle has led to record high prices of essential imports. On...

Taxing the financialisation of automobiles

The lopsided market structure of automobiles was discussed in this space a few months back in which we hypothesised that automobiles have...

Trouble at the power plants

In the last few weeks, there have been a slew of reports about plant failures and power assets going offline one after...

Time to think

Pakistan is celebrating 75 years of independence. A country made free not by revolution but by reason is undergoing one of the...

Can Ms Marvel be the superhero Pakistan needs to finally go mainstream?

A lot has been said about cultural representation in the media. I’m assuming this is the last place you would expect discourse...

Fixing the Oil Conundrum

Pakistan consumes more than 21 million tonnes of petroleum products, of which roughly 80% are imported, while the remaining is refined locally. ...

Think about energy security

Energy price volatility has shocked and awed the world, unleashing a wave of inflation and pain on hundreds of millions of citizens....

Prepare for default

Crises evolve at an exponential pace. Much like a herd of animals spooked by the scent of a nearby predator, once markets...

Cash is still king

Currency in Circulation currently hovers around PKR 7.64 trillion, coming down from a peak of Rs 8 trillion in May 2022, following...

The Fault in our Firms

Do audit practices add to the vows of a Chartered Accountancy Trainee?

Sovereign Debt Vulnerability

The last twelve years saw US$ based benchmark interest rate close to near zero as monetary expansion reduced the cost of capital...

The folly of relief

Nothing reflects the crisis of economic policymaking in Pakistan than the repeated pronouncements of providing “relief” to the masses by successive prime...

The remarkable life and tragic death of Airlift

Airlift’s highs were dizzying and its lows were tragic. But what are the lessons we can learn from it?

Have we peaked yet?

The State Bank of Pakistan (SBP) recently hiked interest rates by another 125 basis points, bringing the benchmark policy rate to a...

The evolving middle-east geopolitical chessboard

U.S. President Joe Biden this week travels to the Middle East where he will meet leaders of Israel and nine Arab States,...