Since the emergence of Pakistan as an independent state, Saudi Arabia has been an all-weather friend of Pakistan. Loaves and fish brought both states further closer, as Saudi Arabian human capital and Pakistan’s economic needs were interdependent. However, full swing in bilateral relations was noticed during the 1980’s when the […]
The recently concluded annual meeting of the IMF and World Bank group, held in Indonesia last weekend, has highlighted a series of concerning trends with regard to the global economy. It has subsequently left many considering the impacts of a possible global recession that may be looming ahead in the […]
Prime Minister Imran Khan on Sunday announced that his government will grant citizenship to all Pakistan-born refugees of Afghanistan and Bangladeshi origins. The premier expressed his views on the hot subject while addressing a fund-raising dinner in Karachi for the construction of Diamer-Bhasha Dam. Although this decision of the Prime […]
Over the last week, the Turkish Lira dominated world headlines as the currency continues to plunge against US dollar. Currently, at the dead center of a series of verbal ripostes between Presidents Donald Trump and Recep Tayyip Erdogan, the rapidly depreciating Lira has taken center stage amidst deteriorating US-Turkey relations […]
Pakistan is facing a mounting and seriously increasing economic crisis. The backdrop to this is big infrastructure projects such as the China-Pakistan Economic Corridor (CPEC). They are building bridges, railways, roads – which is exactly what Pakistan needs to get its own economy back on track. CPEC will revolutionize Pakistan’s […]
The aftermath of 2018 general elections continues to haunt the bigwigs of Pakistani political arena. We saw the old tried and now rejected politicians join hands under Grand Opposition Alliance against Pakistan Tehreek-e-Insaf, a party that is all set to form governments in KP, Punjab and Centre. Members from PPP, […]
For the first time in the history of Pakistan, a non-dynastic political party, Pakistan Tehreek e Insaaf (PTI), has emerged as a single largest party to form federal government knocking out political big wigs, clergy and nationalists alike. It became possible due to the sheer resilience of the PTI leader […]
Pakistan’s newly elected government will be faced with numerous challenges with the economic crisis at the top of the list. They will inherit a trade deficit of $37.7 billion, a tumbling stock market and the second worst performing currency in the world. The economy has gone from bad to worse […]
Hameed Haroon, CEO of Dawn Media Group, found himself in an awkward situation on BBC’s HARDtalk program when Stephen Sackur, host of the show, asked him to provide evidence of his claim that Pakistan Army was orchestrating plans against democracy and Nawaz Sharif. His reply to this question was unbelievable […]
Pakistan’s most recent debt and balance of payment crises have come to highlight yet again with the continuing fragility of its economic and financial situation. Even despite a considerably improved security situation and a significant rise in its GDP growth rate, Pakistan’s current account deficit over the last fiscal year […]
