Exorcising the Budget

The yearly Global Competitiveness Report (GCR) compiled by the World Economic Forum (WEF) has ranked Pakistan 129th out of 144 countries in 2014-15, this compares with 133rd out of 148 last year. GCR ranks countries on 15 pillars of competitiveness, the risks include (1) Basic Requirements (2) Institutions (3) Infrastructure (4) Macroeconomic environment (5) Health…

Read More

Electoral Perceptions

Some interesting perceptions have emerged from the recent NA-246 by-elections, and subsequently elections for the Local Bodies (LBs) in 42 cantonments. Give Rangers credit, alongwith Karachi police they enforced extraordinary security arrangements. Given the MQM’s strength in organizing their voters in their stronghold, the NA election result was not a surprise. In contrast some voters…

Read More

The China Crossroads

Pakistan’s geo-strategic crossroads location connecting China with South Asia, the Middle East and Central Asia was confirmed by the signing of agreements pertaining to the China-Pakistan Economic Corridor (CPEC) during the visit of Chinese President Xi Jinping to Islamabad. Envisaging construction of roads, rails and power plants, nearly US$ 35 billion (of the US$46 million)…

Read More