Sunday, August 9, 2020

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Forward March

The government had been crying hoarse that it had stabilized the economy and good things would happen. The economists, the media, the analysts and the street opinion solicited by roaming media people did not agree. Now Moody’s Investors Service (“Moody’s”) has changed Pakistan’s outlook from negative to stable affirming Pakistan’s local and foreign currency long-term issuer and senior unsecured debt ratings at B3.
CPEC progress

CPEC GETS A SHOT IN THE ARM

The CPEC Authority would be empowered to make decisions about CPEC projects all over the country, overriding the authority of the provincial governments. In the past Chinese officials have repeatedly complained about bureaucratic red tape in Pakistan stalling progress of CPEC projects. The creation of the CPEC authority will act as a one-window operation to avoid red tape... Islamabad has a very strong incentive to signal Beijing that it's still committed to CPEC and what better can be to announce two new measures on CPEC that benefit CPEC in a very big way.

The Road Traveled and the Road Ahead

A default in the balance of payment situation has been averted and the IMF brought on board. There is an accountability drive in full swing and if nothing else it will impact on future activities. There is a resolve to end or at least minimize the large scale unchecked money laundering of the past

The Shape of Things to Come

Spearhead Analysis – 17.06.2019 The Prime Minister in his midnight power address to the nation announced a ‘high-powered’ commission to probe loans taken over the...

Declining Fortunes

Spearhead Analysis – 26.04.2019 By Farrukh Karamat Senior Research Coordinator, Spearhead Research The Pak Rupee enjoyed an extended period of holding its value against the USD till 2017, when...

Forward March

Spearhead Analysis – 16.04.2019 By Farrukh Karamat Senior Research Coordinator, Spearhead Research The government having been berated for delaying the negotiations on the bail-out package with the International Monetary...

US sanctions and new economic uncertainties for Iran

Spearhead Analysis – 16.04.2019 By Hira A. Shafi Senior Research Analyst, Spearhead Research The US scrapped the Iran deal in May 2018 and re-imposed sanctions on Iran in progressive...

The SCO summit: New Challenges

Spearhead Analysis – 12.04.2019 By Shirin Naseer Senior Research Analyst, Spearhead Research At its annual summit in Tashkent, the Shanghai Cooperation Organization (SCO) announced India and Pakistan are now...

The PTI’s Health Initiative

Spearhead Analysis – 12.04.2019 By Syed Murtaza Zaidi Research Analyst, Spearhead Research The PTI’s short tenure since their election win last year has been contentious to say the least....

The Empty Full Glass

Spearhead Analysis – 12.04.2019 In a recent article the author, a well -known journalist, after listing the failures and shortcomings of the PTI government, concluded with...