Extended Continental Shelf

Pakistan’s crowning glory this year (no, it’s not international cricket coming back to the country after a prolonged hiatus) is a little acknowledged achievement: winning the UNs endorsement for extension of Pakistan’s continental shelf up to 350 miles from the coastline (or baseline, to be more precise). This adds over 50,000 Sq kms of continental…

Read More

Budgetary Woes

Brimming with excitement bordering on the histrionics that one normally associates with political rallies, trusted Mian Nawaz Sharif kinsman, Federal Finance Minister Ishaq Dar, presented what he insists is a “poor-friendly” Federal budget in the National Assembly (NA) on June 5. Detractors do not share the palpable enthusiasm of our “man for all seasons”, they…

Read More

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

Sustaining Pak-Afghan bonhomie

It would be naïve to take Pakistan-Afghanistan relations for granted. Complexity demands continuous steering and frequent course corrections. Home to this reality, the leadership of the two counties is maintaining frequent contacts at various tiers. Prime Minister Nawaz Sharif during his visit to Kabul on May 12, outlined three principles in the context of Pakistan-Afghanistan…

Read More