External account story in FY25 shows short-term resilience, masks long-term fragility

Reserve cushion can help fast-track reforms, particularly in tax administration, power sector governance

Remittance flows are ironic in their very nature with respect to motives behind them

Luxuries can be made expensive through taxation and PDL can be one way to make this possible

Stabilising indicators offer hope, but tangible benefits must reach the masses

Primary reason for fall in global growth is tightening cycle employed by central banks

Quick fix of consumerism-led growth has not yielded sustainable results

Projections emphasise vital role of painful reforms, external account management

A mid-level career professional ends up paying almost 50% of his salary in taxes

People cannot be coerced into exporting goods, especially if the incentives lie in the passive real estate sector