Muhammad Yamin

Muhammad Yamin

The author is a management consultant based in Toronto. He has a keen interest in international business, social enterprise development and application technology trends. He tweets @myamin325 twitter.com/myamin325

What better way of diverting attention from Donald Trump than by blaming Pakistan for all the ills of the world?

The world awoke earlier this week to another one of Donald Trump’s controversial insinuations. I call this an insinuation because the American president didn’t make any official statement himself, but had senior members of his staff hint at the possibility of his administration “hardening the line” against Pakistan. The revelation made to Reuters comes across as nothing new. Pick up any article printed in any paper from any country about the US-Pakistan relationship and you will find the exact same content, phrases, threats and arguments. It usually revolves around the US lamenting that Pakistan is not doing enough and is in cahoots with militant groups that are bent upon hampering the ...

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Nawaz Sharif is now a billionaire and expects people to not question the source of his money inflow – if only, dear PM

Prime Minister Nawaz Sharif retained his status as a billionaire in the latest information regarding politicians’ net worth released by the Election Commission of Pakistan (ECP). This data has been derived from the information the candidates file with the ECP when running for public office. This list is published every year, though there is no actual need. It just reaffirms what the nation already knows – in a country where a large chunk of people are living below the poverty line, the politicians seem to be getting richer and richer. For example, in 2011, the assets owned by Nawaz and Kulsoom Nawaz ...

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Will Pakistan and India’s induction in the SCO help improve their bilateral relations?

Pakistan had been eyeing a spot on the Shanghai Cooperation Organisation (SCO) bench ever since its inception. The SCO has always been touted as the Eurasian version of the North Atlantic Treaty Organisation (NATO) minus the allied army, intercontinental missile shields and funding. Still, a seat on the SCO council would mean getting into an agenda pushing position with two regional powers, China and Russia. After remaining an official observer for the past many years, Pakistan was recently officially inducted into the SCO as a full member. China made a major push for the inclusion of Pakistan despite some reservations of Pakistan’s alleged ties to terrorism. The kicker has been that ...

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Why a ban on Qatar may not be in the interest of the countries joining forces against them

While the announcement that several Middle Eastern counties including Saudi Arabia, UAE, Bahrain and Yemen were outright banning all relations with Qatar, the fact that they actually did it has had reverberations across the globe. Saudi Arabia declared a complete ban on all air, sea and land routes into and out of Qatar while UAE and Bahrain demanded the expulsion of Qatari diplomats from their countries. At last count, Libya and Maldives had joined the growing chorus against Qatar. Qatar is a tiny emirate jutting out as a peninsula from Saudi Arabia towards Iran. While it is a member of the international oil supplying nation group Organisation ...

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Budget 2017-2018: Is Pakistan really on the upward trajectory?

With much fanfare and hoopla, Ishaq Dar and company announced the annual budget for the nation this past Friday. It was budget as usual, delivered with haughty claims of turnarounds and opportunities within reach. Even before the budget had been announced, the Ministry of Finance had been subliminally pushing figures into the media to soften any surprises. While Pakistan missed its growth target of 5.7% from last year, it still achieved a growth of around 5.3%. This puts the country in the company of companies that are over $300 billion dollars in size.  The year over year (YoY) growth, while lower than the target, is still the ...

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ATMs in India are running dry, so why is the government still touting successful demonitisation?

Three months down the line, and India is still sifting through the mess created by Prime Minister Narendra Modi’s sudden announcement that he was pulling currency from the Indian economy. While the government promised that stability would return in 50 days and asked the people to support the authorities, things still seem shaky. The government has been touting the success of demonetisation as ATM’s run dry and weak economic indicators are being reported. According to the Reserve Bank of India (RBI), money is still being counted and the picture is still a bit hazy as to how much of the returned money ...

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What’s aiding Pakistan

I was recently in Pakistan after a long gap and observed first-hand how the country functions. After years of learning about Pakistan through electronic media and personal accounts of recent immigrants in North America, I was a bit guarded when it came to what I would find in the country. Most of the experiences I heard about from people returning from Pakistan ranged from bad to catastrophic. What I found was a country that was crazy and chaotic yet chugging along. Below are some things that I walked away with: 1. In all the companies that I have worked for in ...

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Demonetisation: How Pakistan can avoid making the same mistakes as India

On November 8, 2016, while the rest of the world was watching the American election results, India dropped a bomb shell on its citizens. The wily Mr Modi (dressed in his favourite kurta shalwaar) announced that the Indian government would pull out all Rs500 and Rs1000 from circulation at midnight. This would be akin to 86% of the total economy – some Rs14 trillion in cash would be rendered useless. Mr Modi implored to the nation that even though it seemed as if he had ripped a bandage off here, India would benefit in the long run. The impetus for ...

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