Beyond macroeconomics
The International Monetary Fund (IMF) epitomizes a global economic paradigm rooted in inequality with little emphasis on inclusiveness. Advocates of this model argue that some degree of inequality is essential,…
The International Monetary Fund (IMF) epitomizes a global economic paradigm rooted in inequality with little emphasis on inclusiveness. Advocates of this model argue that some degree of inequality is essential,…
The present currency crisis in Pakistan is unprecedented. PKR has depreciated against USD from 180 to 305 since March 2022, and now it is a creating a self-feeding bubble. People…
We are living in an era of ‘corridorization’, ‘economic corridor’ being the new buzzword. The proponents of these ‘corridors’ claim that they are vital for increasing regional connectivity and trade.…
Compare last week’s newspaper headlines with those from the 1990s and it would seem that little has changed in Pakistan’s economic circumstances. Currently, as in the 1990s, the country is…
On April 19, 2022, I faced the most challenging day of my life when I took on the role of federal minister for planning, development & special initiatives. I was…
The International Monetary Fund (IMF) has pushed for pro-cyclical, austerity-based policies in its Stand-By Arrangement (SBA) programme with Pakistan in line with its usual bread-and-butter policy prescription generally meted out…
“On July 28, the Argentine authorities and IMF staff reached a staff-level agreement on the combined fifth and sixth reviews under Argentina’s 30-month Extended Fund Facility (EFF) arrangement. This agreement…
Given Pakistan is facing very difficult economic challenge, mainly in the shape of bringing debt sustainability, on one hand, and on the other controlling inflation, while also providing as much…
It is, indeed, important that Pakistan should continue to deal with its macroeconomic and growth challenges of the traditional nature, reducing twin deficits, avoiding stagflation, reforming state-owned enterprises, and fixing…
The coalition government of the Pakistan Democratic Movement (PDM) is approaching completion of its tenure in the next few days. While presenting their last budget for the current fiscal year…