Opinion

The border as lifeline

In October 2025, Pakistan closed all major western crossings with Afghanistan. Pakistan stated that the closures were necessary because of…

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The Crucifixion of Pakistan by the IMF

Pakistan’s current economic predicament is far more than a mere fiscal crisis; it is a profound national tragedy and a…

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Markets beyond geography, policies need to catch up

The global financial system was not designed to exclude the developing world. It was designed for the markets it already…

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Reordering the Middle East

A close look at the recent developments in the Middle East, especially Israeli attacks on Gaza and Lebanon, and the…

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Bank nationalisation: ideology or necessity?

Having had the vantage point of leading a bank through its transition from the nationalisation era into the private sector…

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Rethinking Pakistan’s fiscal model

Pakistan’s Budget FY27 should not begin with the question of how much additional revenue can be extracted from the economy.…

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Memories of May

With the celebrations this week of the first anniversary of Marka-e-Haq, a resounding triumph of Pakistan’s defence forces against an…

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Theories of punishment and evolution of juvenile justice: From reform to restoration

In criminal jurisprudence, punishment is generally explained through five major theories, each reflecting a different philosophical justification for why the…

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The Chagai dividend

On the morning of 28 May 1998, five nuclear devices were detonated in the granite hills of Chagai, and a…

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The May 2025 aftermath

One year to the May 2025 war between India and Pakistan, the remarkable air war has turned out to be…

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