Mini budget: a bitter bill to swallow

Published in DAWN on January 01, 2022 THE Finance Supplementary Bill, 2021, that has been popularly described as a ‘mini budget’ was introduced on Thursday by the government in the National Assembly to loud protests from the opposition ranks. The move is aimed at netting additional revenues to the tune of Rs343bn, or equal to 0.6pc of […]

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Dec

Our monetary stimuli

By Riaz Riazuddin Published in DAWN on December 30, 2021 WHAT is a monetary stimulus? An amusing but apt way to understand it is to recall Woody Allen’s movie Take the Money and Run. Interpret ‘take’ as borrow and ‘run’ as running the affairs of government. In the movie, Woody Allen could neither rob nor run, despite[…]

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Dec

2021: the state of the economy

By Abid Qaiyum Suleri Published in The News on December 30, 2021 Before recapping the state of the economy in 2021, let us recall the World Economic Forum’s Global Crisis Report which was released in January this year. The report highlighted that during 2021 the world could face the following risks and threats: asset bubble burst, price[…]