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Should Punjab be Divided into Two Provinces?

Posted on July 3, 2009
35 Comments
Total Views: 3482

Adil Najam
For as long as I can remember, I have heard passionate arguments about whether the four provinces of Pakistan should be divided into multiple smaller provinces. The discussion has, once again, gained momentum. This time the focus is the Punjab and converting Southern Punjab into a separate province (a ‘Saraiki sooba‘).
The political optics of [...]

Inspiration Pakistan: Rashidabad

Posted on June 24, 2009
32 Comments
Total Views: 13040

Owais Mughal
When Pakistanis make up their mind to work for the betterment of society then there is no limit to what we can achieve. This is not just a patriotic statement that I came up with. Examples of such benevolence and welfare projects are all around us. As part of our ‘Inspiration Pakistan’ series today [...]

Cancelled for Now: Tax on SMS Messages?

Posted on June 22, 2009
16 Comments
Total Views: 11621

Babar Bhatti
After many years of growth and foreign investment, Pakistan’s telecom industry has become one of the major contributors to Pakistan’s economy. Telecom industry pays taxes to the government in the form of GST/CED, Activation tax (Rs. 500 per activation), withholding tax (CBR collects withholding tax on prepaid calling cards), regulatory fee and Universal Service [...]

Contradictions in Pakistan’s Monetary System

Posted on June 13, 2009
12 Comments
Total Views: 7804

Kathay Kalame
Here are a few facts relating to central bank anchored fractional reserve banking system prevailing in Pakistan. It ( Central bank + private banks ) has a monopoly over the issuance of money, i.e. money supply. Even though money supply is measured as currency and deposits in the banking system, new money is not [...]

The Failure of ‘Practical’ Economic Policy

Posted on June 10, 2009
12 Comments
Total Views: 9355

Nadeem Ul Haque
(Editor’s Note: This is the full text of a speech delivered by Dr. Nadeem Ul Haque, former head of the Pakistan Institute of Development Economists (PIDE) at a recent pre-budget seminar organized in Lahore by The Nation. It is worth reading in full - not only for what it says about economic decision-making [...]

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