“Bandh” Politics

Noting that Pakistan’s public debt remained very high, the interest bill being higher at current debt level than the country’s entire development budget, IMF President Christine Lagarde pointedly said that the perception of corruption in Pakistan was hurting its prospects to grow. Addressing our immediate political crisis inadvertently (or was it deliberate?), the IMF President…

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The Missing Panama Files

With around 215000 confidential documents about offshore entities and their secretive off-shore accounts becoming public, the “Panama Papers” became history’s biggest leak ever. Revealing financial and attorney-client information about scores of outright criminals, drug smugglers, etc. current and former world leaders alongwith their close relatives and/or friends, were linked to tax evasion, money-laundering, etc. Having…

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