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Why Pakistan is failing

By Zahid Hussain Published in Dawn on August 02, 2023 WHAT the former FBR chief revealed in a TV interview last week only reinforces the perception of a failing oligarchic state. It provides an insight into the vested interests that control the country’s power structure. Irrespective of their political affiliation they unite when it comes to safeguarding […]

Economy Don’ts 101

By Almazia Shahzad Published in The News on July 15, 2023 Every few years, Pakistan’s economic managers find themselves in a pickle, struggling with declining economic growth and rising inflation when only the year before they have managed to achieve record high growth. So what could have happened? What went wrong? An oversimplified, yet not over exaggerated,[…]

$8.3bn in remittances, exports lost in FY23

By Shahid Iqbal Published in Dawn on July 16, 2023 KARACHI: Pakistan suffered a massive $8.3 billion loss due to significant declines in remittances and exports during the outgoing fiscal year as the PMLN-led coalition government preferred appeasing the International Monetary Fund for a $1.2bn tranche. Pakistan lost much more than what it gained from the IMF[…]