Pakistonomy

In this episode, we talk about the meat industry in Pakistan, key components of this sector, and why meat prices are going up in the country. Suleman Anwar joined us to share his insights on these topics, what a roadmap for reforms should look like, and why price caps will not work. Suleman is a six-sigma trained business development & turnaround professional, successful at driving sustainable top...

In this episode, Uzair talks to Leila Serhan about Visa’s strategy, role, and mission for digitizing payments and promoting financial inclusion in Pakistan. We talk about how the company views Pakistan’s market, what it is doing to have a meaningful impact in the country, and ways in which digitization of payments can be accelerated in Pakistan. Leila Serhan is the Group Country Manager and Senior...

We talk about the role access to the internet can play in transforming Pakistan’s economy, promote inclusion, and really empower those who are on the periphery of Pakistan’s political economy. The Universal Service Fund (USF) has been doing some phenomenal work on this topic, and Haaris Mahmood Chaudhry, who currently serves as Chief Executive Officer (CEO) of USF, joins us to share what his organ...

In this episode, Uzair talks to Dr. Aaron L. Jackson about the collapse of Silicon Valley Bank and the strains we are seeing in the US banking sector. We also talk about rising rates, why the Fed is being so aggressive, and the outlook for inflation and the US economy. Aaron L. Jackson is the Senior Associate Dean of Business, and Professor of Economics at Bentley University, where he has also ser...

Uzair talks to Usama Nini, co-founder of Qureos, a startup changing how people connect, learn and work. The team is on a mission to accelerate 100 million careers by matching talent to mentors, projects and job opportunities. In this episode, we talk about Usama’s own journey, what Qureos is looking to do, and how technology is helping reduce friction in the jobs market. Chapters: 0:00 Introductio...

In this episode, we talk about Pakistan’s debt problems, how much it needs to repay in the near future, and whether the country needs debt restructuring. We also talk about some of the ways in which debt management needs to improve in the country. Joining me for this conversation is Uzair Aqeel, who has 15+ years of experience in international debt markets, including structured credit and distress...

In this episode, Uzair talks to Gonzalo Varela about the World Bank’s most recent report on Pakistan’s economy and its key findings. We talk about how distortions caused by tax policy, inefficient pricing of inputs and products, and curbs on imports are stagnating growth in the country. We also talk about the benefits of improving the economic inclusion of women in the country and its near- and lo...

In this episode, Uzair talks to Abdul Moiz Jaferii about the ongoing hearings in the Supreme Court, which has intervened to ensure that elections are held as per the constitution. We talked about the process that led to the hearings in the Supreme Court, the split in the bench, and the medium-term outlook for the superior judiciary. Abdul Moiz Jaferii is a lawyer and tweets @jaferii. Chapters: 0:0...

In this episode, Uzair talks to Dr. Erum Sattar about the Indus Waters Treaty, its history, and India's notice to amend the agreement. We dive deep into some of the capacity constraints on the Pakistani side and why we should be paying attention to ongoing events related to the treaty. Dr. Erum Sattar is the Former Program Director of the Sustainable Water Management Program and a Lecturer at the...

We take a step back from the coverage of the economic crisis and ongoing negotiation and focus on emerging businesses that are the future of the economy, In this episode, Uzair talks to Omer Khan, founder and CEO of PostEx, Pakistan’s largest e-commerce service provider. PostEx is offering easy access to capital with embedded logistics and Uzair and Omer talk about the company’s vision, what it ta...

In this episode, Uzair talks to Ali Khizar about the ongoing negotiations with the IMF, the path forward, and why consensus is needed to rescue the economy. We also talk about debt restructuring, why the last few months have destroyed Pakistan’s credibility, and the broader challenges confronting the economy even after an IMF program is put back on track. Ali Khizar is a business journalist who fr...

In this episode, Uzair talks to Khurram Husain about the latest economic developments in Pakistan, focusing on the ongoing negotiations with the IMF. We also talk about why this time feels different, with not a whole lot of optimism for the economy and its future. Chapters: 0:00 Introduction 0:55 IMF negotiations 21:35 Can the economy stabilize even with the IMF? 27:30 The role of the central bank...

In this episode, Uzair talks to Ali Farid Khwaja about the economic chaos in Pakistan and the collapse of the rupee. We also talk about why restructuring is necessary and how that process would work. Finally, we also touch on the startup community and takeaways from Paklaunch’s Unconference, which was recently held in Dubai. Ali Farid Khwaja is Chairman of KTrade Securities and has over a decade o...

In this presentation, Uzair talks through a presentation on the economic crises in Pakistan, their causes, and the implication of not resolving the crisis through structural reforms.

In this episode, Uzair talks to Dr. Naveed Sherwani about the global semiconductor industry, how geopolitics is affecting what is an extremely interconnected supply chain, and Pakistan’s potential in this space. Dr. Naveed Sherwani is Chairman, President, and CEO of Rapid Silicon, which was launched in 2021. Rapid Silicon’s goal is to promote, adopt and implement open source tech to address the lo...

In this episode, we continue our focus on Pakistan’s economic crisis and discuss the way out of it with Dr. Ahmed Pirzada. Dr. Ahmed Pirzada is an Assistant Professor at the University of Bristol, UK. He is also a Fellow of the Higher Education Academy, UK, and the Chair of the independent Economic Advisory Group (EAG), Pakistan. He specialises in macroeconomics with a focus in monetary policy, an...

In the first episode of 2023, Uzair talks to regular guest Ammar H. Khan about the economic situation in Pakistan and the outlook for 2023. We talked about why the Dar Peg is so dangerous, why people keep ignoring economic fundamentals to run Pakistan’s economy, and the path forward. Reading Recommendations: - The Prize by Daniel Yergin - World for Sale by Javier Blas Chapters: 0:00 Introduction 0...

In this episode, Uzair talks to Shuja Nawaz about 1971 and the events leading up to the birth of Bangladesh. Shuja talks about the political, military, and economic crisis in what was then East Pakistan, the missed opportunities to politically settle the issue, and the disastrous military strategy deployed by Yahya and his cabal. Shuja Nawaz, a native of Pakistan, was made the first director of th...

In this episode, Uzair talks to Yousuf Farooq about his experience running a manufacturing business in Pakistan, why free markets are the need of the hour, and the effect of government interventions in creating distortions that ultimately harm companies like his. Yousuf is the director of Elite Lighting, a company that is making products in Pakistan that are competitive in the market. He is also C...

In this episode, our regular guest Khurram Husain joins Uzair to talk about the state of Pakistan’s economy, the status of the IMF program, why the exchange rate is under pressure, and the fight between Dar and Miftah. Khurram is a business and economy journalist and he shares his thoughts with Uzair on the outlook for the IMF program and why Pakistan’s economy is going to face more volatility in...

In this episode, Uzair talks to Dr. Erum Haider about her research on Karachi's water crisis. We talk about how people in the city get access to water, how this is a regressive system, and what are the political implications of this crisis. Dr. Erum Haider is an Assistant Professor in Political Science and Environmental Studies at the College of Wooster. Dr. Haider received her PhD from Georgetown...

Venture capital is the fuel that powers an economy's innovation ecosystem, disrupting the old way of doing business and generating growth. In this episode, Uzair talks to Mohamed Eissa about the IFC's perspective on venture capital and the role the IFC is looking to play in Pakistan. Eissa talked about why Pakistan is an attractive market, what investments the IFC is going to make in the near-term...

In this episode, Uzair talks to Marcello Estevão, who is the Global Director of the World Bank Group’s Macroeconomics, Trade and Investment Global Practice (MTI). Marcello shares his perspective about the global economic outlook, why inflation is here to stay for a while, and what countries like Pakistan can do to navigate this tricky period. Marcello leads a large team of country economists, macr...

The brutal murder of Arshad Sharif in Kenya has once again raised questins about free expression in Pakistan. While the details about the murder still remain murky, it is important to talk about how the state and its institutions exert influence over expression, particularly in the digital media domain. In this episode, Uzair talks to Ramsha Jahangir about digital media freedoms in Pakistan. Ramsh...

The recent comments by US President Joe Biden set off a short-lived firestorm in Pakistan, while also bringing front and center Pakistan's nuclear program and the safety of its weapons. In this episode, Uzair talks to Dr. Christopher Clary about Pakistan's nuclear weapons and their safety, discussing what the risks are and how Pakistan has invested in securing its nuclear weapons. Dr. Christopher...