Azhar Rashid Khan, PSP Introduction Pakistan’s recurring economic crises are usually diagnosed the same way: too little national savings, too little exported output, too much consumption, and too much debt. The prescribed remedy, repeated across successive IMF programmes, is a familiar cycle — borrow, stabilise, impose austerity, recover briefly, and borrow again. By March 2026, […]

Lt.Gen. Asad Durrani (r) The author is former Director General ISI.

Tariq Lodhi

Kashif Bangash While the ceasefire is in place, retrospectively looking at the “stone age” warning issued by President Donald Trump in his address to the nation, it carried a far deeper strategic message than a simple threat directed at Iran. While on the surface it appeared as a warning of overwhelming military force, in reality […]

Lt.Gen (r) Asad Durrani In the late 1950s, Mao Zedong’s books were available on the streets of Anarkali fortwo rupees a piece. Maybe that’s the reason some of us, then students in the nearbyGovernment College, were tempted to buy them. No idea why his famous red bookdid not make much impression on me, but the […]