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In the name of the poor
Articles

In the name of the poor

How easily our worldview mutates. How quickly our hierarchy of ambition gets rehashed and reset. All it takes is an invisible microbe.
Published 21 May, 2020 12:09am
Digital transformation in the time of Covid-19
Articles

Digital transformation in the time of Covid-19

Digital and IT transformations are the only way forward. Before the on-going pandemic, technology adoption was the only way ahead and this will not change once the world emerges from this crisis.
Published 21 May, 2020 12:09am
Europe's Franco-German 'motor' sputters back to life
Articles

Europe's Franco-German 'motor' sputters back to life

President Emmanuel Macron and Chancellor Angela Merkel have jump-started the Franco-German "motor" at the heart of Europe by jointly pitching a hugely ambitious economic recovery plan, even if it faces a bumpy road ahead.
Published 21 May, 2020 12:09am
Food security in the age of Covid-19
Articles

Food security in the age of Covid-19

There never was any lockdown in the country's agricultural sector. And from the way the NCC and NCOC have been carrying out, their respective efforts over the last two months at meeting the challenges of Covid-19, it appears that for lack of enough testin
Published 20 May, 2020 12:05am
Economic policy choices beyond immediate crisis - I
Articles

Economic policy choices beyond immediate crisis - I

The economic policy response to the coronavirus crisis by Pakistan has been significant. On the monetary policy side, the State Bank of Pakistan has taken aggressive action to loosen monetary conditions and provide desperately needed liquidity to business
Published 20 May, 2020 12:05am
The forthcoming budget
Articles

The forthcoming budget

The Federal and Provincial Budgets for 2020-21 are expected to be announced in the month of June, starting with the presentation of the Federal Budget on the 5th of June. These budgets come at a time when the economy has been badly hit by the COVID-19 and
Published 19 May, 2020 12:02am
Hedging oil
Articles

Hedging oil

.Oil prices have touched zero and became even negative recently. A debate has ensued in Pakistan that we should have bought cheaper oil. It is a different matter that around the same time, there was news of diesel shortages. Petroleum Division, probably,
Published 19 May, 2020 12:02am
Foreign exchange earnings
Articles

Foreign exchange earnings

Pakistan's foreign exchange reserves on 30 April 2020 as per the State Bank of Pakistan (SBP) website were 12.329 billion dollars, a respectable amount given the ongoing global pandemic that has severely negatively impacted on our exports and is likely to
Published 18 May, 2020 12:06am
Will they...?
Articles

Will they...?

A new phase, a new reality. The virus is there to stay for sometime. Sometime can be spent on being locked down or locked in, but, not for long. Countries are grappling with the reality of the virus being a way of life and that life without a virus will n
Published 18 May, 2020 12:06am
The going gets tougher
Articles

The going gets tougher

As new data comes in, the bitter reality is sinking. The global economic slowdown is expected to be worse than what was earlier expected. There could be further downside risks to global economic growth outlook of minus 3 percent in 2020. No economist in t
Published 17 May, 2020 12:03am
Tobacco industry - Pakistan's Giffen Paradox?
Articles

Tobacco industry - Pakistan's Giffen Paradox?

Many governments around the world keep a close eye on the use of tobacco - mostly used in cigarettes. Many countries increase taxes over time to reduce its consumption - the classic demand theory where increase in price of a commodity decreases its demand
Published 17 May, 2020 12:03am
Diamer-Bhasha dam
Articles

Diamer-Bhasha dam

Finally, the commencement of much-awaited Bhasha dam has been formally announced. Prime Minister Imran Khan last Monday ordered immediate commencement of work on construction of Diamer-Bhasha dam, rightly describing water security as the foremost priority
Published 16 May, 2020 12:07am
The value of life
Articles

The value of life

If you party for four days, strict abstinence for the remaining three days will probably not get you off the hook. In substance, you have a lockdown or you don't - the virus is not going to take "off days" whilst its hosts go on a shopping spree, so this
Published 16 May, 2020 12:07am
Pandemic stirs Wall Street's social conscience
Articles

Pandemic stirs Wall Street's social conscience

Worker welfare is having a moment on Wall Street. The need to restart production lines and reopen offices idled by the coronavirus pandemic mean issues such as sick pay and working conditions are suddenly a top priority for the C-suite and, for some inves
Published 16 May, 2020 12:07am
A post-Covid-19 world
Articles

A post-Covid-19 world

Major wars and pandemics, are the sort of happenings that change the world as we know it before they have happened. The Black Death lead to massive deaths in the Middle Ages, also it broke the back of feudalism and created a working class. On the positive
Published 15 May, 2020 12:05am
The IPPs' curse
Articles

The IPPs' curse

The recent "un-official" release of the Report by the Muhammad Ali Khan Committee on Power Sector has given the scandal hungry predators another target to feast upon. This Report fits right into a certain political and some TV channels' populist narrative
Published 14 May, 2020 12:04am