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Mixed economic trends

The first five months of 2023-24 have witnessed upturns and downturns both globally and within Pakistan. There was earlier some evidence that the world economy was on the recovery path,…

Widening Indo-Pak economic divide

This is the final part of a two-part series of articles, highlighting the differences between India and Pakistan’s state of the economy. Cricket, a great if not the only unifier…

Economic challenges: timely actions needed

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…

Fair elections and economic stability

“Gross financing needs are very large, mostly due to large debt service payments, while external market financing has dried up. Confidence is weak, and credit rating agencies have downgraded Pakistan…

Unaddressed economic challenges

The debate and anxiety throughout Pakistan in the aftermath of the stalled Extended Fund Facility (EFF) programme signed with the International Monetary Fund (IMF) in July 2019, ended unsuccessfully on…

Lack of prudent macroeconomic policies

“The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design” — Friedrich von Hayek Pakistan is facing a…

Economic emergency

The State Bank of Pakistan (SBP) is out of dollars. We must bring back the IMF. Pakistan’s access to global capital markets has shut down (read: no one is ready…

Political economics

The ongoing political protests and marches organized by opposition political parties and interest groups against the government have started a new wave of demonstrations and rallies, with the government public…

Economic prospects of Gilgit-Baltistan : Part II

Community organizations have built bridges, irrigation channels and other small infrastructure projects at much lower costs as they participated in the supply of labour and land parcels for these projects.…