Recent Blogs Posts

An Idiot’s guide to Central Banking
http://tribune.com.pk/story/480452/g...the-spotlight/

Acronyms:
Recently, there has been a spotlight on the activities of the Global Central Bankers who manage the global money supply. Primarily, there are 3 major active Central Banks – the US Federal Reserve (FED), the European Central Bank (ECB) and the Bank of Japan ...

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The Story of growing Remittances
By Asif Punjwani September 28th, 2012

If there is an economic news that officials do not mind repeating in every press release, that news is the growing remittance Pakistan has been enjoying lately, about $1.2 billion a month. I somehow get this feeling that Ministry of Finance is claiming credit for it ...

Today is Friday. One week ago there was a public holiday announced by our Government to celebrate Ishq-e-Rasool Day. Most of the people say that this was a wrong step as it paved way for protests which eventually turned violent for some reasons.
We not only refuse to learn from history but we tend to forget it completely. Not so long ago in December 2007, the Chairperson of Pakistan People`s Party, Benazir Bhutto was assassinated after a public gathering and the mayhem that followed ...

Tags: blasphemy, friday protests, pakistan, selective outrage, selective praise

Categories

Islam , Economy , Education , Pakistan , National Issues

The very basic point which needs to be understood is that this was a policy document describing the economic policy vision of Pakistan for the five fiscal years. It’s generally understood that detailed guidelines are not included in the policy document and the action plan to implement the policy was not to be discussed in this policy document.

Mr. Sethi gave his viewpoint in his Friday Times Editorial with the caption “Power Politics” on PTI Economic Policy recently presented by Mr. ...

The Looming Currency Crisis

Asif Punjwani on 1, Jun 2012


In my previous article, I had stated that Rupee will see a 15% depreciation before or by summer. Summer’s here! But the 15% depreciation isn’t. Congratulations Pakistan! You have dodged the forex bullet. There’s egg on my face for calling the wrong shot. Lekin picture abhi baaki hai mere dost!

So ...

Tags: economy, rupee, state bank of pakistan

Categories

Pakistan , Politics , National Issues , Economy