Posts in category: Newspaper Articles

It’s a misnomer to attribute economic security to one particular institution or allocation of budget and resources. Economic security is synonymous with our people’s welfare and development to me.

The Small and Medium Businesses (SMEs) in Pakistan plays a pivotal role in the country’s economy. They are part of essential building blocks of any economy, which significantly contributes towards employment generation through entrepreneurship resulting into greater social good. With a diverse range of businesses such as Manufacturing, Services, and Agriculture, SMEs are the backbone of Pakistan’s entrepreneurial landscape. Small businesses are undoubtedly significant in terms of their ability to strengthen local communities.

As the global economy graduates towards digital payments and digital currency platforms, Pakistan is moving in the opposite direction with rising demand for cash.

In October, as the world’s attention turns toward Morocco for the Annual Meetings of the World Bank Group and the International Monetary Fund (IMF), it is an historic moment to contemplate the legacy of these two leading global lending institutions.

If any consensus is to be achieved on any facet of politico-economic landscape, then the starting shall have to be the ‘Charter of Society’.

The World Bank and the IMF have played a pivotal role in shaping the global economic landscape and improving the lives of millions in Pakistan and South AsiaIn October, as the world’s attention turns toward Morocco for the Annual Meetings of the Worl ...

The recent developments in the international financial system have ushered in something akin to a Gutenberg moment. In the face of this defining point in time, the banking landscape finds itself at a crossroads in many ways than one — regulation soul-searching to redefine social media and artificial intelligence (AI) usage to environmental, social, and governance (ESG), etc.

There has been talk lately about the requirem­ent of local currency debt rearrangement for Pakis­tan, necessitated by the fact that the government’s debt servicing, budgeted for 2023-24 at Rs7.4 trillion, has increased to approximately 75 per cent of total tax collection and exceeds the net revenues, after transfer to provinces, of Rs6.9tn.

Writing about the tragedy he survived three years ago helps a development banker come to terms with his conflicting feelings of guilt, relief, and wonder, as he explains in a recent keynote address at the Pakistan Literature Festival in London

There has been serious fallacy about the two most talked about concepts in recent times – “default” and “restructuring”. Debt reprofiling could perhaps be a silver-lining to put our house in order