The case for sovereign default
By Nadir Cheema Published in Dawn on February 02, 2023 THE word ‘default’ (or its less pejorative technical equivalent, ‘restructuring’) sends shivers down the spines of our policymakers and citizens alike. It shouldn’t. Sovereign default, in an economic sense, means a government reneging on its obligations. Per this meaning, almost […]
Chronicle of a crisis foretold
By Murtaza Syed Published in The Express Tribune on January 30, 2023 With just $3.7 billion left in foreign exchange reserves, Pakistan is once again staring into the abyss. Only the IMF team’s arrival today offers a glimmer of hope that we will be able to stave off default. Eighteen[…]
Recalibrating governance – Part II
By Ishrat Husain Published in The News on January 27, 2023 The frequent takeovers by military regimes and the consequential screening of hundreds of civil servants led to the subservience of the civil service to military rulers, erosion of the authority of the traditional institutions of governance and loss of[…]
CCP asks for strict enforcement of laws
Published in The Express Tribune on January 17, 2023 KARACHI: Complete implementation of the competition laws will reduce the price of essential items by 25 to 30%, end the price cartel operating in different sectors and convert Pakistan’s economy into a functional one, said Rahat Kaunain, Chairperson of the Competition[…]








