How depositors lose out on Islamic savings accounts
The increase in interest rates to almost all-time high levels, coupled with a super tax on bank profits, as well as an...
Framing policies for a digital economy
We are starting a new chapter in banking reforms. I want to praise the recent developments and the future evolution of digital...
Chicken and affordable protein
The price of broiler chicken has increased to more than Rs 400 per kg lately, largely due to supply chain constraints, and...
Borrowing from the public
The sovereign remains the biggest borrower in the country, making up more than 70 percent of all banking assets, either borrowing directly,...
Of Councils and Chambers
Do various business lobby groups operating in Pakistan represent the rentier economy?
Interest Free Economy
Pakistan is no stranger to debt. It currently has total debt of PKR 50 trillion, of which roughly PKR 33 trillion is...
Miftah, bol ke lab azaad hain tereÂ
It is embarrassing, really, for the Pakistan Muslim League Nawaz (PML-N). In their short stint in government, they have had two finance...
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...