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Farhat Ali


India in trouble

An economic downturn, if not meltdown, appears inevitable in India. India's economy is witnessing degradation in many sectors. India seems to have come full circle. It was in 1991 that India faced a severe financial crisis on account of balance of payment
Updated 13 Jan, 2020 08:04am

Future looks bright

The IMF recently released $452 million second tranche, bringing the total disbursements so far to about $1.45 billion. While doing so, the IMF in its first review of Pakistan's economic performance has acknowledged that the government reforms programme is
Published 04 Jan, 2020 12:00am

Ex post facto accountability

In times, when a major feud between two contestants was settled through a sword fight, if one of them fell down in the fight with the sword dislodged, the opponent would patiently wait for the fallen one to pick up the sword ready to fight back. This is c
Updated 28 Dec, 2019 05:08am

Power sector

The incumbent government adopted a focused and realistic strategy to tackle the gross mis-governance in the power sector and some success has been achieved in terms of improvements in receivables and arrest of power theft.
Updated 21 Dec, 2019 07:43am

Economy on the move

A number of global institutions has described country's current economic progress as satisfactory and encouraging. The Director General Central and West Asia, Asian Development Bank, Werner Liepach, on a visit to Pakistan last week, lauded the steps taken
Updated 14 Dec, 2019 08:04am

Arbitration challenge

How does Pakistan perform in international courts of justice? The answer is: it doesn't perform well. At least two cases strongly reflect successive Pakistani governments' approach to global litigation.
Published 07 Dec, 2019 12:00am

CPEC: Perception vs reality

The trade war between China and the US is no longer limited to the two leading global economies, it has affected economies of Europe and is now influencing those of Asia. The other day, US Assistant Secretary of State Alice Wells, speaking at the Woodrow
Updated 30 Nov, 2019 06:37am

Herculean effort required

Prime Minister Imran Khan has hit nail on the head as he is reported to have stated that the manner in which the country is being run cannot lead to progress. He has also said the country will face severe financial difficulties if steps are not taken towa
Updated 23 Nov, 2019 07:41am

IMF Programme well on track

A staff mission of the International Monetary Fund (IMF) concluded its visit to Pakistan last week; it was all praise for authorities for over-performing on first quarter targets under the $6 billion Extended Fund Facility to pave the disbursement of $45
Updated 16 Nov, 2019 05:20am

FATF and global Politics

Rarely does China express its opinions on global politics vocally. But in the case of politicization of FATF, it has minced no words. It strongly expressed its indignation over the blatant display of politics in FATF and pointed towards the USA and India
Updated 09 Nov, 2019 07:33am

Modi's India on a larger canvas - III

Will India ever be a 'superpower' as it has long aspired to be? The answer lies in the following facts: The late Atal Behari Vajpayee, the then Prime Minister of India, once voiced his concern that India, a country of over a billion people with world's la
Published 02 Nov, 2019 12:00am

Modi's India on a larger canvas - II

In the 2014 general elections, the business elites in India decided to stand behind BJP-nominee Narendra Modi, expecting favourable business policies for their fraternity. BJP did deliver much on that expectation during a good part of its last tenure. The
Updated 26 Oct, 2019 05:22am

Modi's India on bigger canvas - I

On August 5, 2019 the ruling Bharatiya Janata Party (BJP) in New Delhi announced the revocation of Article 370, a provision in the Indian constitution that governs the relationship of the disputed state of Jammu and Kashmir with India. Simultaneously, the
Updated 19 Oct, 2019 06:46am

The FATF challenge

The FATF was formed by the 1989 G7 Summit in Paris to combat the growing problem of money laundering. The task force was charged with studying money laundering trends, monitoring legislative, financial and law enforcement activities taken at the national
Updated 12 Oct, 2019 05:00am

It's all about economy

After his return from New York, prime minister Imran Khan rushed around visiting the earthquake-affected people of Azad Jammu and Kashmir, addressing the administrative issues of Punjab and seeking to address the concerns of businessmen.
Updated 05 Oct, 2019 08:56am

It's all about economy

After his return from New York, prime minister Imran Khan rushed around visiting the earthquake-affected people of Azad Jammu and Kashmir, addressing the administrative issues of Punjab and seeking to address the concerns of businessmen.
Published 05 Oct, 2019 12:00am

Indo-Pak standoff: economic fallout

Pakistan and India's economies are both facing challenges. The PTI government inherited an ailing economy riddled with massive burden of debt, rupee value depreciation and major fiscal imbalances. It opted in favour of an IMF programme and restructuring o
Updated 28 Sep, 2019 10:09am

IMF gives Pakistan 'full marks'

The International Monetary Fund (IMF) is reported to have expressed full satisfaction in the deliverables so far achieved by Pakistan. The mission during its visit to Pakistan reviewed the measures taken by the government in the policy, fiscal and current
Published 21 Sep, 2019 12:00am

PM-businesspeople interaction

Prime Minister Imran Khan while addressing a select group of businesspeople said last Tuesday that his government was making all-out efforts to provide maximum facilities to business community.
Updated 14 Sep, 2019 07:53am

Future of renewable energy in Pakistan

Power Division is reported to have finalised the draft Renewable Energy Policy 2019 to be presented to the Federal Cabinet for approval, envisaging 25 percent of total generation capacity from Alternative and Renewable Energy Technologies (ARET) by 2025 a
Published 07 Sep, 2019 12:00am