In recent months, debates on Central Bank Independence (CBI) have arisen in Pakistan following the Federal Cabinet’s approval of amendments in the State Bank of Pakistan (SBP) Act and its subsequent passage in January 2022. While some have tended to highlight the merits of CBI, others have raised concerns regarding the law. However, in order to facilitate an informed discourse on the complex issue, it is imperative to acquire and disseminate insights from leading economists who possess a profound understanding of the subject. Moreover, it is important to propose a way forward that is able to address the concerns surrounding the legislation and ensure that the SBP creates value for the public and serves Pakistan’s overarching long-term national interest.
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At the Margalla Dialogue 2023, I took the opportunity during my remarks to posit the term “redesign” as a discursive element that should inform our engagement with society. This differs from the standard refrain of “reform” that many economists and policy pundits employ. Reform is a standard-issue term that is useful insofar as it points to reshaping or remedying existing deficiencies, and it is also a term that duly denotes criticism of existing failures.
A recent large-scale space-related tournament known as the NASA 2023 Space Apps Challenge took place amid great fanfare around the world, and what was most exciting about the space-technology competition for me was the significant contingent of youthful teams from Pakistan. Their enthusiasm for participating in the global tournament, and for solving complex spatial challenges set out by NASA, brimmed with promise and gave a unique insight into the vast potential for scientific engagement by Pakistan’s youth.
Robust advancements within conventional weapons technology and amalgamation with Artificial Intelligence (AI) and Machine Learning (ML) have led to the development of Lethal Autonomous Weapon Systems (LAWS), also known as ‘Killer Robots.’ Distinct from other conventional weapons, they integrate the element of autonomy in their critical functions. LAWS autonomously perform critical tasks such as navigation, identification, tracking, and targeting using sensors and algorithms, without human control.
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