Stories from Khurram Husain
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The debt spiral
Government borrows money to pay for oil import, or portions of circular debt, its paying for yesterday’s consumption.
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Crisis spells a haircut
Our savings which are supposed to finance our future growth, are being diverted to pay for current consumption instead
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Talking business
The entire narrative about a “preferred party” in fact rests on two concrete incidents.
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Talking business
Issue is the dispute between Engro Vopak Terminal Ltd and Lotte PPTA over the use of a chemicals jetty at Port Qasim
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The fiscal facts of life
IMF noticed problems in revenue projections and financing plan long before hand of God could be blamed for slippages.
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Storm clouds
The storm clouds are back, and global economy is threatened by global credit crisis likely to hit sovereign debt.
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Talking business
First thing you need to know is this: you can’t do this alone! You need allies, real allies with real weight on them.