Explainer: Pakistan’s twin deficits and how can they be contained?

A vicious cycle leads to these “twin deficits” which is an increase in consumption of imports, reduction in savings and an increase in foreign capital injection single-handedly deteriorates the current account balance

Why most board rooms at Pakistan Inc. are nothing more than a hoax

In my career in the corporate sector and now as a strategy consultant I have often seen corporate boards of listed companies...

Planning Integration

Last week’s announcement of Pakistan inaugurating a steering committee dedicated to integrated energy planning (IEP) – with the US support – is...

The State Bank’s silent payments revolution

How the SBP's latest circular could have far-reaching consequences for the state of digital Pakistan

Child Labour – End of a life before it begins

She was 11, shy and looked obviously very scared when I found her sitting on the floor of my living room with...

Careem plots move into delivery sector, will this strategy crystallize?

Pakistan’s technology sector remains nascent, but dynamics of the industry will follow global patterns and see replication at a scale which could...

What makes Pakistan plump for IMF time and time again?

Pakistan has been approaching International Monitoring Fund (IMF), intermittently, since 1988. The last programme was successfully completed during the period 2013-16. However,...

The opportunity of dead capital

Economics has become a science of the loudmouth with numbers. Economists come on TV to show off that they have numbers and...

Coping with the ‘overvalued’ exchange rate dilemma

Exchange rate management is considered as one of the most critical aspects of economic policymaking, particularly in countries that are vulnerable to...

Reform! What, why and for who?

Pakistan was made with a commitment to democracy and development but soon after the founding generation succumbed to greed and politically expediency...

Finding cigar butts

Last week must have shaken the faint-hearted. KSE-100 Index declined by 4.4%, the Pakistan rupee depreciated to a record low of Rs131 (-5%)...

Our unsavoury grocery trip

I remember my mother used to say, “Eat a good meal first and then go to the grocery store.” I learnt the...

Our exchange rate policy

The rupee declined sharply against the US dollar during intraday trading Wednesday and no explanation and little rationale has been provided by the central...

Automotive industry feels the pinch

Pakistan’s auto industry is the quintessential oligopoly, with only three major players assembling a handful of automobiles: Honda, Indus Motors (Toyota) and...