A much-overdue reckoning
If the news of the ban on Pakistani citizens getting new visas to the United Arab Emirates are true – and early indications seem...
A disease Pakistan can do without
In this week’s cover story, we explore the advent of share buybacks in Pakistan’s capital markets, with major companies listed on the Pakistan Stock...
Why bother with ‘targets’?
Of all the bad habits the government of Pakistan has, perhaps one of the worst is the one picked up by the Ayub Administration...
Editor’s Note: For once, it’s not their fault
The rupee’s precipitous dive on Friday, November 30 has led to recriminations and accusations of incompetent economic management on the part of the Imran...
Editor’s Note: There is more to the IMF than bailouts
It is not an often-appreciated fact, but politicians actually do try to keep most of their major campaign promises, at times regardless of whether...
An honest look at import policy is needed
Our own experience teaches us that import restrictions are only a very temporary way of curtailing imports. In the face if a rising trade...
2023-2024 Budget
The Budget 2023-2024 was presented under constraints coming from all directions, and posed an almost insoluble problem for the Finance Minister. The Budget had...
Shooting ourselves in the foot
Let us start out by stating the painfully obvious: there is absolutely no scenario in which Pakistan becomes a developed country, or even a...
The most worrying chart (Editor’s Note)
There is one chart that gives us a heart attack every time we look at it: one that shows Pakistan’s average income – measured...
Editor’s Note: The dangers of misinformation
It used to be that companies would hire public relations firms to manage their image in the media by trying to put the best...
Interest rate hiked
The State Bank of Pakistan’s Monetary Policy Committee on Wednesday increased the benchmark interest rate 100 basis points, to 21 percent, in an attempt...
Editor’s Note: Policy Reversals
There is no clearer indication that the current administration has absolutely no clue what they are doing on matters of fiscal policy than the...
Taking the fight to the big boys
In this issue we narrate the interesting times in Pakistan’s digital ad industry through a case study on one of its leading players, Bramerz....
No, Prime Minister, the problem is you (Editorial)
The premiership of Imran Khan is what happens when the collective wisdom of upper middle class drawing rooms in Pakistan comes to life and...
Rent-seeking behaviour
The biggest difference between being pro-free markets – which this publication is – and being pro-business – which is a seemingly similar, but completely...


















