Amid deepening geopolitical fault lines and a fragile global economy, a nearly two-hour-long phone call between Chinese President Xi Jinping and his American counterpart Donald Trump on September 19 produced a rare moment of clarity in the world’s most consequential bilateral relationship. The phone conversation – described by Beijing as “pragmatic, positive and constructive” and […]
In Pakistan since the 1950s to date, we have faced almost three dozen flash flooding but unfortunately we have not learnt any lesson to prepare ourselves to cope with future devastation – neither by the Planning Commission and policymakers nor as a nation. What we have seen in so-called “crisis management” on the ground during […]
Building financial capital is the hallmark of financial globalisation. Developing countries have to build financial capital to maintain the confidence of multilateral lender – the International Monetary Fund (IMF). By securing the trust of the lender, financial position is considered stabilised and financing would continue in order to meet the emerging cash commitments. The government […]
Pakistan’s technology sector is being celebrated as a rare bright spot in a struggling economy, with officials touting rising IT exports as evidence of digital transformation. Yet beneath the fanfare, questions linger: is this truly the beginning of a sustained economic shift, or just another fleeting boom vulnerable to the country’s chronic structural weaknesses? According […]