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Pakistonomy
Tabadlab
266 episodes
1 day ago
In this episode, Uzair talks to Zeeshan Khattak, Commissioner at the Securities & Exchange Commission of Pakistan (SECP) about the deepening of financial markets in Pakistan and the ways in which the SECP is trying to expand access to finance at the individual and corporate level. Mr. Zeeshan Rehman Khattak joined the SECP as Commissioner in November 2024. He has over two decades of local and international experience in Real Estate Investment & Management, Regulatory Affairs, Wealth Management, and Development of Export-led Technology Infrastructure. Mr. Khattak brings rich experience in capital markets, regulatory oversight and assets’ management. Mr. Khattak’s most recent association was with Pakistan Software Export Board (PSEB) as Chief Commercial Officer and additionally as Chief Executive Officer designate. Chapters: 0:00 Introduction 2:20 SECP’s priorities 11:25 Savings via digital gold 14:20 Regulatory sandboxes 25:05 Focus on startups 27:30 Climate finance
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All content for Pakistonomy is the property of Tabadlab and is served directly from their servers with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.
In this episode, Uzair talks to Zeeshan Khattak, Commissioner at the Securities & Exchange Commission of Pakistan (SECP) about the deepening of financial markets in Pakistan and the ways in which the SECP is trying to expand access to finance at the individual and corporate level. Mr. Zeeshan Rehman Khattak joined the SECP as Commissioner in November 2024. He has over two decades of local and international experience in Real Estate Investment & Management, Regulatory Affairs, Wealth Management, and Development of Export-led Technology Infrastructure. Mr. Khattak brings rich experience in capital markets, regulatory oversight and assets’ management. Mr. Khattak’s most recent association was with Pakistan Software Export Board (PSEB) as Chief Commercial Officer and additionally as Chief Executive Officer designate. Chapters: 0:00 Introduction 2:20 SECP’s priorities 11:25 Savings via digital gold 14:20 Regulatory sandboxes 25:05 Focus on startups 27:30 Climate finance
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Episodes (20/266)
Pakistonomy
Ep 252 - Pakistan-Saudi Mutual Defense Pact
In this episode, Uzair Younus sits down with Kamran Bokhari to unpack the implications of the landmark Mutual Defence Agreement recently signed between Saudi Arabia and Pakistan. With both nations pledging that “any aggression against either country shall be considered an aggression against both,” the agreement marks a significant moment in bilateral military cooperation. Uzair and Kamran explore what motivated this pact, including the evolving regional security dynamics—particularly rising tensions from recent events in the Gulf—and what this means for both countries’ sovereignty, deterrence capabilities, and diplomatic posturing.
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1 week ago
42 minutes 22 seconds

Pakistonomy
Ep 251 - Political crisis in Nepal and the path forward
In this episode, Uzair talks to Ashish Pradhan about the revolution in Nepal and what comes next for the country. We focused on the underlying factors that led to the outburst of protests across the country, how the royalists tried to capture power, and what the priorities of the new interim prime minister are. We also talked about the role of foreign powers in the country, especially India and China. Ashish Pradhan is Senior Adviser to the President at International Crisis Group where he supports the president's highest priorities and helps execute special projects aligning with the organisation's strategic goals. Prior to this role, Ashish served as Crisis Group's Senior UN Analyst and represented the organization at the United Nations. He previously served as Crisis Group's Nepal expert, conducting research on the post-conflict peace process. Chapters: 0:00 Introduction 2:00 Structural issues in Nepal 14:30 Social media ban 22:30 Violence, army, and royalists 31:10 Sushila Karki’s priorities 38:30 Elections and Gen-Z 45:00 Role of India and China
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2 weeks ago
54 minutes 19 seconds

Pakistonomy
Ep 250 - What’s going on in the forex market?
In this episode, Uzair talks to Khurram Husain about the ongoing economic situation in Pakistan where the foreign currency market is under strain. We discuss what is driving this shift, and how “over-extraction” is the policy focus right now in the country. We also spoke about protests in the region and what they tell us about the role of economic discontent and the limits of repression in socieities. You can read Khurram’s latest columns here: https://www.dawn.com/news/1939561/extracting-dollars https://www.dawn.com/news/1941112/three-years-three-uprisings Chapters: 0:00 Introduction 1:50 Over-extraction and dollars 17:20 Why fix the dollar rate 24:10 Protests and regime collapse 36:00 Lessons for Pakistan
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2 weeks ago
45 minutes 56 seconds

Pakistonomy
Ep 249 - Volatility in the India-US Relationship
Uzair talks to Pranay Kotasthane about the growing tensions in U.S.–India economic relations and the difficult road ahead for deeper trade integration. We discuss what went wrong in the bilateral relationship after the high-profile Trump Modi summit, the domestic political constraints that make agricultural and dairy sector reforms difficult in India, and why India’s reliance on fiscal incentives like PLI may not be the silver bullet for manufacturing growth. We also explore whether India’s decision to stay out of RCEP was a strategic misstep, and what it would take for the country to meaningfully integrate into global supply chains. Finally, we reflect on the broader trajectory of the U.S.–India partnership and what both sides need to do to steady the course. Pranay Kotasthane is deputy director of the Takshashila Institution, where he chairs the High Tech Geopolitics Programme. He co writes Anticipating the Unintended, a newsletter on public policy, and co hosts Puliyabaazi, a popular Hindi Urdu podcast on politics, policy, and technology. You can read Pranay’s newsletter here - https://publicpolicy.substack.com/p/315-beyond-the-hype Reading Recommendations 1. Deborah A. Stone — Policy Paradox: The Art of Political Decision Making 2. Rutger Bregman — Humankind: A Hopeful Chapters: 0:00 Introduction 2:45 State of US-India relations 14:30 India’s Evolving foreign policy 24:10 Supporting Indian businesses 31:40 Agriculture reforms and protectionism 39:00 RCEP and its impact 48:40 Reading recommendations
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3 weeks ago
51 minutes 39 seconds

Pakistonomy
Ep 248 - Donald Trump, Modi, and the U.S.-India Relationship
Uzair talks to Dr. Irfan Nooruddin about the growing volatility in U.S.–India relations under President Trump. We discuss the impact of the 25% tariff imposed on Indian goods, the administration’s criticism of India’s oil trade with Russia, and the challenges around H-1B visas and illegal immigration. We also talk about the political constraints facing Prime Minister Modi in Delhi and what all this means for the future of the bilateral relationship. Dr. Irfan Nooruddin is the Hamad bin Khalifa Professor of Indian Politics at Georgetown University. He is the author of The Everyday Crusade, Elections in Hard Times, and Coalition Politics and Economic Development. His work focuses on democratization, international political economy, and policymaking in the Global South. Chapters: 0:00 Introduction 1:20 State of play in the relationship 8:30 MAGA’s view of India 23:15 Indian right wing’s bet on Trump 2.0 30:50 What can India do to make a deal with Trump? 42:40 Impact of Operation Sindoor on US-India ties
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1 month ago
52 minutes 32 seconds

Pakistonomy
Ep 247 - What comes next for Iran?
Uzair talks to Dr. Neda Bolourchi about the recent Israel-Iran-US conflict and its key takeaways. We also talked about whether the Iranian government is secure, the chances of diplomacy working, and Iran’s future role in the Middle East. Dr. Neda Bolourchi is an interdisciplinary Middle East scholar and Associate Director of the Center for Middle Eastern Studies at Rutgers-New Brunswick. Her work includes international and comparative human rights legal analysis and foreign policy studies. Chapters: 0:00 Introduction 3:00 Key takeaways 16:50 Is the Iranian regime secure? 24:45 Understand regime politics 31:05 Iran’s future in the Middle East 38:15 Reading recommendations Book Recommendations: - Total Defense: The New Deal and the Invention of National Security by Andrew Preston - Opera as Drama by Joseph Kerman - Boom Town: The Fantastical Saga of Oklahoma City, Its Chaotic Founding... Its Purloined Basketball Team, and the Dream of Becoming a World-class Metropolis by Sam Anderson
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2 months ago
39 minutes 40 seconds

Pakistonomy
Ep 246 - Budget 2025 is an “elephantine mediocrity”
In this episode, Uzair talks to Khurram Husain about the 2025 budget and what the government got wrong. We also talked about Pakistan’s ability to extract geopolitical rents and how this stunts the reform agenda in the country. You can read Khurram’s latest column on the budget here - https://www.dawn.com/news/1916673/thrashing-around Chapters: 0:00 Introduction 1:45 Budget assessment 11:10 Solar power access 20:20 Geopolitical rents and Pakistan 38:40 Conclusion
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3 months ago
40 minutes 35 seconds

Pakistonomy
Ep 245 - Making sense of the geopolitical chessboard
Uzair talks to Dr. Kamran Bokhari about what the Trump Administration and his MAGA movement wants to achieve in the foreign policy and geopolitical realms. This is an area where there is still a lot of misconceptions about what Trump wants and the goals of his movement. Dr. Bokhari breaks down his assessment of the White House’s goals from Europe and the Middle East to China. Finally, Dr. Bokhari also shares what he has picked up from the conversation in Washington about the recent India-Pakistan war. Dr. Kamran Bokhari is the Senior Director of the Eurasian Security and Prosperity portfolio at the New Lines Institute. He served as Director of the Analytical Development Department from 2019 to 2023. Dr. Bokhari is also a national security and foreign policy specialist at the University of Ottawa’s Professional Development Institute. Some of the recent pieces of analyses he has written are worth a read: - https://geopoliticalfutures.com/what-the-latest-india-pakistan-conflict-means-for-the-us/ - https://geopoliticalfutures.com/pakistans-crucial-role-in-chinas-military-strategy/ - https://geopoliticalfutures.com/postwar-security-in-gaza/ - https://geopoliticalfutures.com/a-new-reality-in-the-india-pakistan-conflict/ Chapters: 0:00 Introduction 2:20 What does Trump want? 10:30 Evolving situation in Europe 20:18 Russia-China nexus 26:50 Israel, Iran, and the Middle East 43:30 Dealing with a rising China 54:40 Washington’s view on India-Pak War
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3 months ago
1 hour 7 minutes 2 seconds

Pakistonomy
Ep 244 - Pathways to deescalation in the India-Pakistan crisis
Uzair talks to Dr. Sahar Khan about her key takeaways from the recent India-Pakistan war and why this conflict was an inflection point. We also talked about the role of international diplomacy, particularly the United States. Finally, the conversation also looked at what could happen in the next crisis, and the ways in which better engagement could avert total disaster. Dr. Sahar Khan is an independent analyst and an expert on South Asian regional dynamics and strategic stability. She is based in Washington, DC. Chapters: 0:00 Introduction 1:50 Key takeaways from the war 27:50 Role of diplomacy and the US 37:30 What happens in the next crisis? 51:45 Reading recommendations You can access Dr. Khan’s recent commentary here: - https://inkstickmedia.com/the-myths-that-keep-india-and-pakistan-at-war/ - https://theworld.org/segments/2025/05/22/surge-in-popularity-for-pakistani-military - https://www.scmp.com/opinion/asia-opinion/article/3310688/rapid-escalation-india-pakistan-clashes-warning-new-tech-dangers
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4 months ago
55 minutes 21 seconds

Pakistonomy
Ep 243 - Pahalgam Terror Attack and Options for India
Uzair talks to Colonel Ajai Shukla (retired) about the fallout of the Pahalgam terror attack in Kashmir. We spoke about the state of the insurgency in the region, how their tactics and strategies are evolving, and what can be done to improve security. In addition, we also touched on the prospects of a India-Pakistan war and potential off ramps that could be available for either side to take. Colonel Ajai Shukla (Retired) is a columnist and freelance journalist. He writes on strategic affairs, defence policy, military technology and the defence economy. He has written extensively for Business Standard, a pan-India daily; and for The New York Times, Guardian, BBC, Al Jazeera and South China Morning Post. He hosts a defence affairs blog, Broadsword (ajaishukla.com), which is visited daily by over 5,000 readers from across the world. Chapters: 0:00 Introduction 2:00 Normalcy in Kashmir 6:00 Evolution of tactics 11:40 Intelligence failures and counterinsurgency 19:20 Evidence about links to Pakistan 25:30 India-Pakistan tensions 31:10 General Munir’s strategy 35:10 Conclusion
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4 months ago
37 minutes 25 seconds

Pakistonomy
Ep 242 - What comes next for the India-Pakistan relationship?
Uzair talks to Dr. Hassan Abbas about the ongoing standoff between India and Pakistan following the recent terror attack in Kashmir. We talked about what options are on the table for both sides, the role of the United States, and why engagement and negotiations are the only path forward for both countries. Dr. Hassan Abbas is Distinguished Professor of International Relations at the Near East South Asia Strategic Studies Centre (NESA), National Defense University in Washington DC. He serves as a senior advisor at Project on Shi’ism and Global Affairs at Harvard University’s Weatherhead Center for International Affairs, and his current research work focuses on building narratives for countering political and religious extremism & rule of law reforms in developing states. Chapters: 0:00 Introduction 2:30 Backdrop of the terror attack 14:20 Allegations and evidence 18:50 Narratives and media 25:10 Commitment traps 29:40 US response so far 36:30 Misreading the other side
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5 months ago
45 minutes 48 seconds

Pakistonomy
Ep 241 - Terrorism, India-Pakistan Standoff, and the Future of the Subcontinent
Uzair talks to Muhammad Faisal about the fallout from the recent terror attack in Kashmir and the options both India and Pakistan have moving forward. We talk about the nuclear stability risks in the region as well as potential off-ramps that can help deescalate the situation. Muhammad Faisal is a Research Fellow at the University of Technology in Sydney and an expert in strategic stability and India-Pakistan relations. Chapters: 0:00 Introduction 2:30 What led to this crisis? 15:40 Options for both sides 33:30 Off ramps and deescalation
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5 months ago
48 minutes 33 seconds

Pakistonomy
Ep 240 - AI and the Future of Jobs
In this episode, Uzair talks to Adil Husain about his perspective on how AI is going to disrupt the labor market and create new opportunities for young talent in markets like Pakistan. Adil is an entrepreneur and strategist based in Washington. You can read his full piece here - https://adilhusain.substack.com/p/the-real-ai-threat-is-a-27-year-old If you want to get in touch with Adil, message him on LinkedIn - https://www.linkedin.com/in/adilhusain
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5 months ago
31 minutes 44 seconds

Pakistonomy
Ep 239 - The state targets journalists through PECA
In this episode, Uzair talk to Abdul Moiz Jaferii about the frivolous cases against journalist Farhan Mallick, who was arrested during Ramzan and given bail after Eid. We discussed the ways in which a process was used to deliver punishment against him, and how the state of Pakistan is moving towards criminalizing thought in the country. Abdul Moiz Jaferii was part of the legal team that is continuing to represent Mr. Mallick in his ongoing cases.
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5 months ago
36 minutes 14 seconds

Pakistonomy
Ep 238 - Pakistan tries to become a hard state
Uzair talks to Zahid Husain about the worsening security situation in Balochistan, which has led the army chief to assert that Pakistan must become a “hard state.” We discussed what can be defined as a hard state, and also try to understand the reasons for why Zahid Husain calls Pakistan a “predator state.” Zahid Husain is an author and journalist who writes a weekly column for Dawn. You can read his latest column titled “A Predator State” here: https://www.dawn.com/news/1900408 Chapters: 0:00 Introduction 1:40 What is a predator state? 15:10 The state’s colonial mindset 24:10 Difference in KPK and Balochistan 33:50 Anti-military sentiment in Punjab 38:10 Evolving views on military intervention
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5 months ago
47 minutes 11 seconds

Pakistonomy
Episode 237 - Food inflation and market reforms in agriculture
Uzair talks to Adil Mansoor about the state of Pakistan’s agriculture sector and the outlook for the year. We focused on the wheat and sugar markets, whether deregulation is here to stay, and the ways in which farmers have dealt with collapsing wheat prices. Adil Mansoor is an agriculture analyst and writes for Business Recorder Research. Chapters: 0:00 Introduction 1:40 Water shortages 4:10 Wheat outlook 18:00 Food inflation coming back? 24:20 Sugar prices 36:50 Storage and supply chain issues 42:00 Market reforms
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6 months ago
47 minutes 20 seconds

Pakistonomy
Ep 236 - Is the ruling regime going to last for a long time?
Uzair talks to Arifa Noor about the mood in Islamabad after the Jaffer Express terror attack in Balochistan. We discussed the failures of Pakistan’s Balochistan policy, why political elites have continued to cede space to the military on key topics, and the decline in parliament’s standing over the years. Arifa Noor is a journalist at Dawn and host of the TV show Newswise. Chapters: 0:00 Introduction 1:50 Jaffer Express fallout 13:10 PPP pushes back against canal projects 23:10 PTI and an opposition alliance 31:30 Media blackouts and conspiracy theories
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6 months ago
40 minutes 38 seconds

Pakistonomy
Episode 235 - Balochistan in Crisis
This episode focuses on the ongoing and worsening crisis in Balochistan, where militancy is rising and the political process shows no signs of improving. Rafiullah Kakar joins Uzair to explain what is going on in the province, the root causes of the insurgency, and why a number of political problems have added fuel to the burning fire in Balochistan. Finally, Rafiullah also discusses his research on the structural and constitutional drivers of the core political economy issues in the province, with the conversation concluding on what can be done to alleviate the crisis in Balochistan. Rafiullah Kakar is a policy analyst currently pursuing a PhD at Cambridge University, where he is seeking to understand the political economy of sub-national state capacity through a comparative study of education policy in two Pakistani provinces: Balochistan and Khyber Pakhtunkhwa. You can read Rafiullah Kakar’s paper that was discussed on the podcast here: https://www.tandfonline.com/doi/abs/10.1080/14662043.2024.2382458 Chapters: 0:00 Introduction 1:50 Worsening militancy in Balochistan 17:10 Engaging with young political leaders 25:50 India’s role in the insurgency 32:20 Is the status quo secure? 36:10 Structural drivers of the issues 47:20 Devolution of power 56:00 Competition in politics
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6 months ago
1 hour 2 minutes 24 seconds

Pakistonomy
Episode 234 - What's Next for Pakistan's Startup and Innovation Economy
This episode focuses on the latest developments in Pakistan’s startup and innovation ecosystem Uzair talks to Sarah Munir about the latest findings from invest2innovate’s 2024 Startup Ecosystem Report. Sarah is CEO at invest2innovate and has over 15 years of experience in driving impact and fueling growth. invest2innovate supports startup communities in growth markets and has been working in Pakistan since 2011. You can read the full report here - https://invest2innovate.com/ecosystem-reports/ Chapters: 0:00 Introduction 3:50 Key findings and learnings 11:30 Learnings for young entrepreneurs 14:30 Learning for investors 17:20 Policy and regulatory issues 23:10 Cultural shifts around entrepreneurship 27:10 Critical thinking and innovation 30:00 Opportunities for growth 33:30 Going beyond maturity 37:08 Reading recommendations Reading Recommendations: - Quiet: The Power of Introverts in a World That Can't Stop Talking by Susan Cain - Shoe Dog: A Memoir by the Creator of Nike by Phil Knight - Alibaba: The House That Jack Ma Built by Duncan Clark - Atomic Habits: An Easy & Proven Way to Build Good Habits & Break Bad Ones by James Clear
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7 months ago
40 minutes 19 seconds

Pakistonomy
Episode 233 - Pakistan's Foreign Policy Priorities in 2025 w/ Dr. Qamar Cheema
In this episode, Uzair talks to Dr. Qamar Cheema about Pakistan’s foreign policy priorities, including relations with Afghanistan and the United States. We also talked about whether Donald Trump will intervene in Pakistan’s affairs to help release Imran Khan. Dr. Qamar Cheema is Executive Director of the Sanober Institute, a think tank based in Islamabad. Chapters: 0:00 Introduction 2:00 Afghanistan relations 18:20 Trump releasing Khan? 26:10 Pakistan-Iran relations 31:05 Erdogan’s trip to Pakistan 37:20 Chinese disappointment
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7 months ago
45 minutes 11 seconds

Pakistonomy
In this episode, Uzair talks to Zeeshan Khattak, Commissioner at the Securities & Exchange Commission of Pakistan (SECP) about the deepening of financial markets in Pakistan and the ways in which the SECP is trying to expand access to finance at the individual and corporate level. Mr. Zeeshan Rehman Khattak joined the SECP as Commissioner in November 2024. He has over two decades of local and international experience in Real Estate Investment & Management, Regulatory Affairs, Wealth Management, and Development of Export-led Technology Infrastructure. Mr. Khattak brings rich experience in capital markets, regulatory oversight and assets’ management. Mr. Khattak’s most recent association was with Pakistan Software Export Board (PSEB) as Chief Commercial Officer and additionally as Chief Executive Officer designate. Chapters: 0:00 Introduction 2:20 SECP’s priorities 11:25 Savings via digital gold 14:20 Regulatory sandboxes 25:05 Focus on startups 27:30 Climate finance