After a short-lived cease-fire, the terrorists, the suicide bombings and the drone attacks are back in business. The dilemma is growing stronger with every passing day as the one Pakistan fights for and the one it fights with; both are continuing with their rampage - badly hurting the countrys image, identity, sovereignty and economy.
Its just not the high base effect. The volatility in the food items, especially perishable, and some apparent change in recording practices are doing the trick. Headline inflation registered an increase of 12.91 percent for February, well over a percentage point below the market expectations.
Talks on the second precious white of Pakistan - sugar - had remained largely muted for some time. Until the government entered the picture yesterday, announcing procurement of 250,000 tons of the commodity.
Amid limited investment avenues for commercial banks and lucrative rates being offered by government papers, a high level of market participation in treasury auctions is inevitable. However, whats new in recent treasury auctions is that the market demand for the 6-month paper shows improvement.
Providing employment to the youth may not be the best-selling mantra for the politicians, come the next elections, as there is hardly any room for more employment in Pakistan. The country is brimming with 94.4 percent employment rate. Yes - you heard it right - only 3 million people amongst the labour force in Pakistan are unemployed.
Pakistani policymakers are renowned for slipping some significant policy issues under the carpet. Be it the implementation of RGST, issues of sick SOEs, or more pressing development issues such as education.