Pakistan’s IMF Deal: Reform or Recoil?

As Pakistan enters yet another phase of IMF‑mandated reform, the country stands at a familiar crossroads: the tension between sovereignty and sustainability. The IMF’s latest Staff Report Directives—an 11‑point matrix of governance, fiscal, and sectoral reforms—signal a shift from short‑term stabilization to long‑delayed structural overhaul. But can a politically fragmented state absorb the socio‑economic shockwaves…

Pakistan’s Economic Pivot: Finding Resilience in a Turbulent South Asia

The narrative surrounding South Asia’s economy has long been dominated by singular giants, but the tides are shifting. For years, the headlines have focused solely on high-speed growth or deepening crises. However, the latest data released by the Asian Development Bank (ADB) in its December 2025 Asian Development Outlook (ADO) paints a far more nuanced…

Pakistan’s Solar Push: Can Renewables Power Growth?

Introduction Pakistan’s energy story has long been dominated by imported fossil fuels, chronic shortages, and rising costs. Yet, in 2025, a new narrative is unfolding: solar energy is emerging as a cornerstone of Pakistan’s economic future. With net-metered solar capacity reaching 5.3 GW by April 2025 out of a total installed generation capacity of 46,605…

The Double-Edged Sword of U.S. Economic Power

The United States has increasingly utilized its economic might as a tool of statecraft in the twenty-first century. The United States has increasingly utilized its economic might as a tool of statecraft in the twenty-first century. Washington has employed tariffs, sanctions, and military force to influence the actions of its adversaries. Two of the most…

The rot beneath the bailout

It is no surprise that Pakistan has secured a $7 billion Extended Fund Facility from the IMF — a lifeline for a government staggering under debt repayments, dwindling reserves, and a suffocating fiscal deficit. On paper, this appears to be salvation. In reality, the IMF’s Governance and Corruption Diagnostic Report (November 2025) makes clear that…

Pension reforms or financial massacre?

Since the announcement of Budget 2025-2026, the government employees in both centre and the provinces have been immersed in protest for their rightful demands such as Disparity Reduction Allowance (DRA), raise in Salaries given the prevailing inflation and old age benefits such as pension. Millions of employees belonging to various Departments under banner of the…