Opinion

The economy in 25 years

Budget 2026-2027 is here and debate is again revolving between these phrases: higher taxes, IMF conditions, circular debt, deficits, NFC…

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A time for reckoning

In recent weeks, Pakistan has had a great time on the world’s stage. Its diplomatic triumph as the peacemaker in…

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Path to governance reform

Pakistan’s governance challenges extend beyond debates over fiscal arrangements and constitutional mechanisms. At their core lies a deeper problem: ineffective…

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The economy in 25 years

Budget 2026-2027 is here and debate is again revolving between these phrases: higher taxes, IMF conditions, circular debt, deficits, NFC…

Read More »

The cost of underinvestment

Pakistan’s economic debate often oscillates between two extremes: calls for aggressive fiscal austerity on one side and demands for expansionary…

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28th time the charm?

There are rumours of another amendment to our much-amended constitution – and this time it is said it might actually…

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Compute is the new oil

Oil. Natural gas. Rare earths. Each one followed the same trajectory. Physical scarcity first. Then commodity pricing. Then, futures markets.…

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The two-tariff solution

Governments globally either directly provide, or tightly regulate, the provision of electricity but not the provision of other important commodities…

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The elusive Indus

Pakistan has reached a harrowing milestone in its environmental history, with per capita water availability falling to approximately 899 cubic…

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Climate budget at a crossroads

Pakistan’s climate budget debate is no longer just about allocations but about whether the country is building a governance system…

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