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Dr Farrukh SaleemThe News International |
Cut the budgetary deficit into half – the real game-changer. Cut the circular debt into half – the real game changer. Finish off the losses at...
The gas price fiasco: A billion cubic-feet of gas is being stolen every day. The bureaucrats running gas companies and the regulatory authority need...
The energy sector will make or break Pakistan’s economy. And circular debt will make or break Pakistan’s energy sector. In August 2018, when the...
Let’s begin with the mini-budget. Our minister for finance has come up with some innovative incentives for the export sector whereby there will be...
In November, Saudi Arabia sent in a billion dollars. The State Bank of Pakistan’s liquid foreign exchange reserves went up by a billion. Within a...
Two pieces of good news: exports are up 15 percent and the trade deficit is down five percent. I have been writing a weekly column for the past two...
Alarm bell number 1: Never in our history have our net international reserves stood at negative $11 billion. Are we facing an economic crisis? An...
Our economy has been bleeding profusely – and it continues to bleed. The three major sources are: public procurements, public-sector enterprises and...
On June 20, 2000, the government of Pakistan, by and through the National Accountability Bureau (NAB), signed an ‘asset recovery agreement’ with...
The PM of the Islamic Republic of Pakistan is bent upon ‘creating wealth’ within Pakistan. The FBR must understand that “tax is a by-product of...
In 2001, British PM Tony Blair made four campaign promises: education, health, crime and transport. After winning the election, Tony Blair created the...
The high volatility in the currency market is not good for business. The falling rupee means a higher cost of living. Not good. Gas prices have been...
A 100-day analysis means two things: Are there policy initiatives in place? How is implementation proceeding? To be certain, policy outcomes will take...
Pakistan is under attack – a hybrid attack. Hybrid warfare is the “synchronised use of multiple instruments of power tailored to specific...
In 2006, Nawaz Sharif and Benazir Bhutto signed the Charter of Democracy that laid the foundation for the Pakistani elite to capture the state of...
Fact 1: Pakistan’s installed electricity generation capacity has gone up from 20,774 MW in 2013 to 33,801 MW in 2018 – an increase of 13,027 MW....
Why are Malaysians better off than Pakistanis? Why is Singapore ahead of Pakistan? Amazingly, there are only two differences: state institutions in...
On August 18, Imran Khan took oath as Pakistan’s 22nd prime minister. On August 18, an English-language newspaper carried the following headline:...
First the bad news: our current deficit has risen from $3.1 billion in 2013-14 to over $18 billion. The circular debt in the electricity sector stands...
White-collar crime is a “crime committed by a person of respectability and high social status in the course of his occupation”. White-collar crime...
Corruption is “the abuse of public office for private gain (the World Bank’s definition)”. A couple of years ago, the World Bank estimated that...
In March 2017, the US Department of State released its ‘International Narcotics Control Strategy Report’. According to the Report, “The...
Economic activity and uncertainty are correlated. Pakistani investors are uncertain. Our foreign lenders – who have lent us nearly $100 billion –...
The Pakistani model: As per reliable reports, an “estimated Rs236 billion was illegally transferred to 37 countries in the past five years”. For...
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