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Bad news for Asian FX, esp PKR

Pakistani monetary authorities can only count their sorrows as King Dollar’s unrelenting advance pushes Asian currencies to lows not seen in months, in some cases years, robbing the Pakistani rupee…

Pakistan amidst a polycrisis

The caretaker government has made a sensible decision to link any possible relief in electricity bills to the consent of the IMF in order not to jeopardize the ongoing standby…

Heavy indebtedness & power sector crisis

In terms of new commitments, the Government of Pakistan signed new agreements, worth USD 7,228 million, during the period under review. These commitments comprised financing agreements signed with foreign commercial…

Reconsidering power in a crisis

The floods are a major catastrophe the scale and consequences of which will take time to become embedded in the national consciousness. A trauma and crisis such as these floods…

Coronavirus and global financial crisis

From the start of 2020, coronavirus (COVID-19) confirmed cases are rapidly growing around the globe. This pandemic started in China and in the last seventy days the total number of…