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As the Covid-19 is spreading quickly around the world, its effects on the world economy including that of Pakistan are profound, complex and far-reaching. In order to mitigate the adverse impacts and rescue the nosediving economic growth, almost all count

In a speech made to the House of Commons a little more than a century ago, Winston Churchill spoke of the significance of land, "It is quite true that land monopoly is not the only monopoly which exists, but it is by far the greatest of monopolies - it is

"We are a nation of great orators but only when in opposition."

Two of the major burdens on the forthcoming federal budget are likely to be relatively lighter compared to what successive budgets had to bear under these heads over the last many decades. The first is the foreign debt, part of which, thanks to Covid-19,

Availability of high-quality cotton is fundamental to the textile value chain which for Pakistan, is responsible for the influx of billions of dollars in the form of exports. In this respect, it earns the befitting title of "White Gold". Cotton makes mark

Memories of idyllic beaches and sonorous waves may seem far away while we remain at home. Yet, we need not look far to appreciate the enduring history of the ocean in Asia and the Pacific. For generations, the region has thrived on our seas. Our namesake

"There is a major, major difference between macro and micro. Anyone with experience of the one cannot be assumed to be good at the other."

In January 2020, The Competition Commission of Pakistan ("the Commission") approved the acquisition of Careem by Uber, transforming the duopolistic market of application-based ridesharing services into a monopolistic market. The Commission was established

The key macroeconomic variables of the national economy are beginning to show sharply divergent trends from those observed earlier since June 2019. This includes developments in the real economy, monetary sector, inflation, public finances and the balance

Rising coronavirus infections forced Russia on May 9, 2020 to curtail its celebrations marking the 75th anniversary of the victory over Nazi Germany. Russia usually holds grand military parades to commemorate the event. This year's 75th anniversary was pl

Recent key developments in Pakistan's oil sector underscore that there is always a need for the country to maintain its strategic oil reserves.

Asif Ali Zardari as President signed two documents much appreciated at the time that have become the subject matter of intense politicking in recent months notably the seventh National Finance Commission (NFC) award and the eighteenth constitutional amend

Tough situations do not last, tough leaders do. In case of coronavirus crisis the tough situation seems to last indefinitely. That is why the bigger challenge, with the threat of Corona lurking around is what can leaders do to save people's lives, livelih

I only write this article because the most overused term on the media of Pakistan is the word 'Mafia'. Sheikh Rashid, the Nostradamus of Pakistan, starts and ends his interviews with this word. The citizens of this hapless country have been overexposed to

The handling and effectiveness of the lockdown depends on the healthcare system and testing capacity of the country, which has unfortunately been plagued by confusion amidst a debate, or rather indecisiveness as to whether we must lockdown the country or

Provincial GDP figures for 2019-20 will be announced. The official number is likely to remain in the range of negative 0.6 percent to 0.7 percent. The IMF projection is of negative 1.5 percent, and SBP's latest estimation is similar. This could be the fir

The recently released report on IPPs by a government sanctioned commission brought not only the power producers into the limelight, but also the design of the previous power policies. While the final verdict on the report is still awaited, especially give

President Donald Trump claimed sweeping vindication Friday over the Russian election meddling investigation that he has long branded a hoax and a witch hunt, after the Justice Department dropped its prosecution of his former national security advisor Mich

"Low income countries must ensure that Covid-19 containment strategies include the poor continuing to earn a living and access food. So in other words, these countries must ensure that some sectors remain open for the daily wage earners who in Pakistan ar

The World Bank is reported to have stated that it will assist Pakistan in developing a new model of non-formal education which, it said, would combine literacy, labour market skills and life skills development for uneducated and illiterate children, youth

"A quarter of French adults smoke. Many people were surprised, therefore, when researchers reported late in April that only 5% of 482 Covid-19 patients who came to the Pitié-Salpêtrière hospital in Paris between February 28th and April 9th were daily smok

Authorities worldwide face the formidable challenge of returning millions of children to classrooms shut due to the coronavirus outbreak, weighing the need to limit the educational damage against the risks of fuelling a surge in new cases.

Allies of presumptive Democratic presidential nominee Joe Biden are being told to sharpen attacks on President Donald Trump's stimulus efforts as thinly veiled "cronyism," according to a memo being sent to Democratic officeholders and supporters on Friday

"Once a nawala, always a nawala."

According to a Press report, the government of Pakistan Tehreek-i-Insaf (PTI) "has quietly closed over 310,000 tax audit cases that had been automatically selected from 2015 to 2017 due to the failure of taxpayers to timely file tax returns and pay due ta

The developing countries are not doing much different from the rest. There is no discussion to plan even reform and support packages that bail workers out on a large scale, and not the big businesses; a reform plan that revisits the economic model towards

From Kazakhstan to the North Sea and the United States, physical crude has jumped in value in recent days but the rally will likely be tactical and short-lived rather than signalling a proper recovery, according to traders and analysts.

Robust macroeconomic fundamentals lead to one ultimate goal: jobs. At least that is the theory. You go through the hoops of fiscal consolidation, current account balance, debt sustainability, and manageable inflation to get to sustained economic growth, t

The oil market crash wasn't just due to storage. There is a combination of factors that led to this point.

Like a global tsunami, the coronavirus pandemic has caused a huge loss of life and taken a massive economic toll.