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Farhat Ali

Farhat Ali

Business Recorder

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IPPs: one of the most difficult conundrums

For decades the public at large has been agitating in futility against electricity tariff hikes and power cuts. This summer, bitten by IMF’s...

latest 20

Business Recorder

Farhat Ali

IMF is here to stay

The IMF and Pakistani authorities have reached a staff-level agreement on a 37-month Extended Fund Facility (EFF) Arrangement of about dollar 7...

20.07.2024 50

Business Recorder

Farhat Ali

‘Do more’, IMF asks Pakistan

The Pakistan budget 2024-25 appears to have largely satisfied the IMF (International Monetary Fund), prompting it to move on with the 25th IMF...

13.07.2024 30

Business Recorder

Farhat Ali

Emerging challenges to the economy

The budget 2024-25 formulated to qualify for the 25th IMF programme has been passed by the parliament. Now the IMF bailout programme is very much in...

06.07.2024 100

Business Recorder

Farhat Ali

Finally, the salaried class has spoken

In the first of its kind, the salaried segment of the Pakistani society has decided to go public with their grievances. A group of professionals,...

29.06.2024 70

Business Recorder

Farhat Ali

Pakistan’s quest for BRICS membership

BRICS is an acronym that represents an association of five major emerging economies: Brazil, Russia, India, China, and South Africa. These countries...

22.06.2024 100

Business Recorder

Farhat Ali

The issue of trust deficit

Amidst protests by the opposition, Finance Minister Muhammad Aurangzeb rolled out with relative calm the national budget 2024-25 at the National...

15.06.2024 20

Business Recorder

Farhat Ali

PM’s China visit: take-home messages

The much-trumpeted high level official visit of prime minister Shehbaz Sharif to China is at its tail end. It is a high-level visit with high...

08.06.2024 30

Business Recorder

Farhat Ali

Explaining the dearth of investment

The investment potential arising out of China Pakistan Economic Corridor (CPEC), the UAE’s $10 billion investment pledge, and Saudi Arabia’s $5...

01.06.2024 50

Business Recorder

Farhat Ali

‘A normal country does not need IMF programme but...’

Professor Adnan Khan, Chief Economist at the Foreign, Commonwealth and Development Office (FCDO) of the UK in a recent statement to the Pakistan media...

25.05.2024 100

Business Recorder

Farhat Ali

The profundity of economic power

The US has warned of potential sanctions for any country considering business deals with Iran hours after India signed a 10-year contract with Iran...

18.05.2024 40

Business Recorder

Farhat Ali

The power sector - some hard facts

Among many sectors of fiscal drain, the circular debt of the energy sector is one area on the economic landscape of Pakistan which is acting as a...

11.05.2024 70

Business Recorder

Farhat Ali

Truth and nothing but the truth

Shehbaz Sharif made some honest appraisal of the current governance and economic challenges faced by his government at the World Economic Forum...

04.05.2024 50

Business Recorder

Farhat Ali

It’s all about the economy

Karachi, being Pakistan’s premier industrial and financial centre and home to 90 percent of the multinational corporations operating in Pakistan,...

27.04.2024 40

Business Recorder

Farhat Ali

Pakistan on the IMF doorstep again

With Pakistan embroiled in an acute burden of debt, to the extent that 70 percent of its revenue is diverted to pay off debt, there is no way but the...

20.04.2024 20

Business Recorder

Farhat Ali

‘Education emergency’

‘All hands on deck for education of the poor is the call of the day.’ Prime Minister Shehbaz Sharif went to the extent to declare an ‘education...

13.04.2024 80

Business Recorder

Farhat Ali

From rags to riches

Forbes has published its list of ‘World Billionaires ranking for 2024’. The much touted is the list of 200 richest people of the world. The...

06.04.2024 30

Business Recorder

Farhat Ali

What does 24th IMF programme mean?

It has been argued by many political and economic analysts that the 24th IMF programme could usher in a tsunami of inflation in the country with...

30.03.2024 50

Business Recorder

Farhat Ali

It’s IMF way or the highway?

Announcing the staff-level agreement on the successful completion of the 23rd short-term facility, the IMF (International Monetary Fund) has confirmed...

23.03.2024 60

Business Recorder

Farhat Ali

CPEC turnaround: how realistic is goal?

President Xi Jinping of China in a congratulatory message to Prime Minister Shehbaz Sharif stressed that “China and Pakistan should continue their...

16.03.2024 70

Business Recorder

Farhat Ali

Pakistan’s addiction to borrowed money

Father of the Nation Quaid-e-Azam Mohammad Ali Jinnah in his speech at Ziarat, Balochistan, in 1948 stated that: “We Musalmans in general and young...

09.03.2024 40

Business Recorder

Farhat Ali

Challenging times

With the unfolding of a new chapter in Pakistan’s checkered political history, the much turbulent and fought for milestone of holding the elections...

02.03.2024 20

Business Recorder

Farhat Ali

There’s need to focus on economy

Breaking a two-week impasse following elections, Pakistan’s political power-brokers, after extensive negotiations, have reached an agreement to form...

24.02.2024 40

Business Recorder

Farhat Ali

Country at the crossroads

The election held on Feb 8th in Pakistan threw up a number of surprises with a significant shift in the country’s political landscape. The election...

17.02.2024 30

Business Recorder

Farhat Ali

Circular debt once again in focus

Circular debt in the energy sector is a mystery which no government could so far unfold. Over the last two decades it has rolled over from one...

10.02.2024 30

Business Recorder

Farhat Ali

Corruption, justice and accountability

Pakistan’s ranking on the global Corruption Perceptions Index (CPI), announced this week by the Berlin-based corruption watchdog, Transparency...

03.02.2024 30

Business Recorder

Farhat Ali

A question of national identity and pride

A passport serves as a symbol of a nation’s global standing and the level of respect it commands in the international community. It is a key...

27.01.2024 40

Business Recorder

Farhat Ali

The rampant energy theft

Pak-Arab Refinery Company (PARCO) reported this week an incident of oil theft that purportedly took place at a government pipeline at Karachi’s Bin...

20.01.2024 20

Business Recorder

Farhat Ali

India, Pakistan: 2024 is year of elections

The general elections in Pakistan in February 2024 would soon be followed by the general election in India. Both have parliamentary form of...

13.01.2024 30

Business Recorder

Farhat Ali

IPR regime: compliance not a govt priority

There are laws that provide a foundation for the protection of ‘ Intellectual Property Rights (IPR), but the laws are weak and their enforcement or...

06.01.2024 30

Business Recorder

Farhat Ali

The World Bank says it all

That the growing political uncertainty and institutional imbalances are adversely affecting the country’s perception is a fact. This time it is no...

30.12.2023 30

Business Recorder

Farhat Ali

Govt’s quest for FDI: the way forward

Foreign direct investment (FDI) has been crucial in supporting developing economies to participate in global trade by facilitating the flow of...

23.12.2023 60

Business Recorder

Farhat Ali

Energy sector – ‘a nightmare’

Caretaker Prime Minister Anwaar-ul-Haq Kakar in a statement this week has described the energy sector as “a nightmare for the country” mainly...

16.12.2023 20

Business Recorder

Farhat Ali

Unveiling the malaise and despondency

The recent success on IMF (International Monetary Fund) funding, a bullish stock market, the rupee value stabilizing against dollar, the jubilation in...

09.12.2023 20

Business Recorder

Farhat Ali

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