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Economic architecture

THE US is having second thoughts about the Washington Consensus it had evolved in the 1990s. At that time, the Cold War with the Soviet Union had just ended, and…

The climate issue

The Pakistan Metrological Department has released its monthly report for March, which discloses that 42 per cent more rainfall occurred in March than average. Last year, Pakistan bore the brunt…

Reviewing Pakistan’s climate action

It is gratifying to see that the National Security Dialogue, which has emerged as an important national security forum, will address the existential threat of climate change at its third…

Economic stress

Since around September 2021, and especially since April last year, economic stress has come to Pakistan from a number of sources. First is political instability for many months now, which…

Case for climate-debt swaps

Pakistan has a debt problem. It also has an energy problem. Without solving the debt and energy problem, it is not possible to get on a sustainable growth trajectory and…

Climate-hit island pushes to reshape World Bank, IMF

While conflict and inflation will dominate World Bank spring meetings next week, campaigners are pushing for a redesign of global financial architecture to help countries cope with climate change. Experts…