State Bank has been the handmaiden of government's borrowing joy ride, contributing to a rise in core inflation.

Caretakers can provide temporary relief by gaining IFI support in return for some upfront actions.

In our case, the economy displays a positive but low GDP growth even in the worst of economic times.

Qadri game will come in full play when pressures are applied to extend this period further by influential quarters.

Any future IMF assistance would require stronger ownership and broad political support for economic reform.

Largest share of PSDP, 26% has gone to political programmes, like Peoples Works Programmes, discretionary funds.

Qadri’s strategic behaviour seems to be to demonstrate people’s power with a desire to change the electoral system.

Whatever growth that has taken place in the past four years has been contributed entirely by consumption.

In this environment, reducing interest rates did not make sense. It only decreases the incentive to hold rupee assets.

If only coming together of 3 main parties at the dais of BNU convocation could in future form a grand coalition.