The deep end of the abyss
When you look deep into the abyss, the abyss looks back at you. Such is the nature of darkness. Similar analogies can...
It isn’t good news
If Pakistan is to progress, we must empower our women and make peace with who our neighbours are.
Bet on Pakistan. There will be rich returns
There is much that Pakistan has going for it. But faith in it will be repaid.
For inspiration for the future, we need only look at the past
What will Pakistan look like in 75 years? There is one version of events that, even if ambitious, can serve as an...
Risk of restrictions looms large over troubled retail sector
Elevated inflation and the ongoing economic crisis in Pakistan appear to have badly hit consumers and businesses alike. After experiencing several economic...
Anatomy of a Black Market
There is a dearth of foreign currency liquidity in the country, as the central bank tries to maintain an official inter-bank rate...
Understanding the Black Forest cake
This week, Profit’s cover story chronicles not just the metrics that can be used to figure out what income group constitutes ‘middle-class’...
Fiscal Federalism
Let me start with a question. What does the first article of the Constitution say? Is it about Islam, democracy or fundamental...
The fallacy of fixing prices
Our policymaking over the last few decades, if not more, has largely been devoid of any rational economic thought. Economic problems are...
Permanent erosion of Purchasing Power
Since January 2019, Pakistan has had a cumulative inflation of 67.4% as measured by the Consumer Price Index. Prices of some items...
What the Fund! Reflections from DC
After narrowly scoring a visa right before the IMF and World Bank Group Annual Meetings 2022 were due to begin, I found...
Interest-free economy
Pakistan is no stranger to debt. It currently has a total debt of Rs 50 trillion, of which roughly Rs 33 trillion...
Sedative Electricity Reforms
The current electricity strategy pursued by the Government under the garb of reforms is not in the best interest of the sector....
Can Pakistan ever be on a path of sustainable economic growth?
Yes. The path to sustainable economic growth exists. Dozens of countries around the world have successfully improved living standards, and prosperity of...
With Raast, context is Key
Raast by the State Bank of Pakistan (SBP) has received a lot of excitement and interest from the financial payments industry, particularly...