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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.

Defence, current expenditures skyrocket

By Khaleeq Kiani The country’s defence and current expenditures surged significantly while development spending dropped drastically in the first quarter of the current financial year...

Pakistan’s external debt repayment capacity weakens

  By Shahbaz Rana Pakistan’s capacity to repay external debt and liabilities has weakened significantly in the past four years and its foreign debt obligations are now...

Crisis, what crisis?

By Dr Pervez Tahir Like all transitions in the past, the country is abuzz with rumours about the imminent death of the economy if a holding...

U.S.-India Insight: Eight Ways to Strengthen U.S.-India Cooperation in 2017

By Richard M. Rossow U.S. foreign policy is about to shift again as we welcome the Trump administration. Such moments present important opportunities to assess...

Shock and oh damn

In this article, Pronab Sen, Country Director for the India Central Programme of the International Growth Centre, argues that India’s recent demonetisation has penalised...

Lagarde gave all the right ideas on Pakistan’s economy but will...

By Murtaza Haider Every year, two million more join the ranks of those already seeking employment in Pakistan. With tens of millions previously under- or...

Guns and ghee

India is wise to speak softly, but it could do with a bigger stick. TO MANY Indians, their country’s strategic position looks alarming. Its two...

The State of Pakistan

Pakistan Link By Dr. Nayyer Ali At the end of each fiscal year in June, the Economic Survey of Pakistan is released to the public.  As...