Zahid Hussain

This decision is a pragmatic step, regardless of whether it was motivated by the necessity of meeting IMF program conditions for the 4th and 5th disbursements

The interim government (IG) is set to present its FY26 budget on June 2. The anticipation is that their budget will depart from the past.

The interim government, unburdened by political motivations, has no need to seek popular acclaim

The bilateral trade in goods between the US and China faces the risk of being severed due to the imposition of steep tariffs

On April 2, 2025, US President Trump introduced sweeping reciprocal tariffs, effectively reversing nearly all US tariff liberalisation since the Great Depression of the 1930s.

The average US tariff surged from 2.5 percent to 20 percent with a single executive action

The golden rule of crony capitalism, in which profits are private but losses are social, has led to blatant injustice, as is generally recognised. The extra-market connections of crony capitalists facilitated transactional benefits while leading to entrenched market power, distorted competition, and depressed productivity growth, all contributing to growing inequalities. Yet, attempts to change the crony business model are facing their own dilemmas.

The golden rule of crony capitalism, in which profits are private but losses are social, has led to blatant injustice, as is generally recognised.