Search results for "corruption"
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What is the way forward for Pakistan when 56% of budget goes to debt servicing?
So, what has forced Pakistan to come up with a bleak budget for the new year? Is it the dismal growth at just over three percent of GDP, the fulfilment of IMF bailout conditions or sloganeering...Jun 12, 2019 787 0 -
Imran Khan faces questions after conditions-loaded IMF deal
The Imran Khan Government feels the heat of a conditions-loaded IMF bailout deal as stocks plunged a day after the country concluded a $6 billion arrangement with the lending institution. Despite the fact that Prime...May 13, 2019 1366 1 -
IMF to support Pakistan with $6 billion package over three years
Following extensive deliberations, the International Monetary Fund and Pakistan have agreed on a 39-month Extended Fund Arrangement (EFF) under which the Fund will loan Pakistan $6 billion. The bailout package is subject to IMF management approval....May 12, 2019 864 0 -
Why growth in a high-debt scenario depends on people-focused policies
The public debt around the world has been at the highest level in recent years while growth is screeching to just tepid levels in many countries. The scenario is not limited to any one part of...Apr 14, 2019 1012 0 -
When will developing countries benefit from the Artificial Intelligence boom?
Image: Factory Automation with industrial robots for material handling in flat glass industry, company Grenzebach in Germany, robotics for high payloads Credit: KUKA Roboter GmbH, Bachmann/Wikimedia If you get goose bumps from the feeling that you...Feb 6, 2019 1304 0 -
The rise of innovation nations and the developing world
Cheonggyecheon River is a modern public recreation space in downtown Seoul, South Korea Image Credit: stari4ek/Wikimedia Commons Just imagine the path to sustainable high growth and what factor comes to your mind first? Innovation. But is innovation...Jan 24, 2019 3004 0 -
Nawaz Sharif handed 7 years jail term; Party protests graft case verdict
An anti-graft court on Monday sentenced former prime minister Nawaz Sharif to seven years in jail in the Al-Azizia Steel Mills corruption case while it acquitted the ex-PML(N) leader in another case known as Flagship Investments...Dec 24, 2018 928 0 -
How advertisers in Pakistan use the media clout key
Governments and private sector organizations the world over spend billions of dollars every year on promoting their “products” whether it be individuals, political parties, corporate entities, programs, etc. While history records many propaganda campaigns, the most notoriously...Nov 13, 2018 986 0 -
Democrats take the House; Trump narrative works for GOP Senate victory
Democrats wrested back the House of Representative in a fiercely fought midterm election Tuesday that also gave Republicans victory in the Senate as President Donald Trump’s narrative continues to find appeal in his conservative base. The...Nov 7, 2018 806 0 -
Why PTI may do well in by-elections despite IMF bailout, price hike criticism
During its first 40 days in power, the Imran Khan government has faced dozens of controversies from free fall of the Rupee to gas price hike and U-turns on some key issues. Yet, the prime minister’s...Oct 11, 2018 997 0