Monthly Archives: October, 2021
Changing Course?
The PTI government may have to undertake major policy changes to cope with an impending crisis
The Mighty Challenge
Constituency politics and good governance are often at odds with cash other
UNCERTAIN FUTURE
The course of US-Pakistan relations will be determined by some clear-cut policy options
City in Ruins
Once regarded as the ‘Paris of Asia,’ Karachi has now joined the ranks of ‘the most unlivable cities of the world’
Is the rupee’s depreciation to record lows against the dollar justifiable?
The Pakistani rupee slumped to record lows against US currency by the end of September, despite growing foreign exchange reserves and increased economic activity. The State Bank of Pakistan (SBP) allowed the rapid rupee depreciation, unleashing uncertainty in the markets, hurting investment and business sentiment and increasing the country’s mountain of debt without any fresh borrowing. Is SBP’s inaction amidst the falling rupee the right policy?