In its ‘World Economic Outlook, October 2023’ Report, the International Monetary Fund (IMF) has said that ‘The global recovery from the Covid-19 pandemic and Russia’s invasion of Ukraine remains slow…
Economic crises shine a spotlight on a society’s inequities and hierarchies, as well as its commitment to support those who are most vulnerable in such grievous moments. The calamity created…
Once again, the symptoms of a financial crisis have become apparent. Over the last year, the deficit on the current account of the balance of payments has shot up by…
This series of three articles is an attempt to identify the causes of the economic crises Pakistan has been constantly facing since the end of British colonial regime. It will…
Political independence or governance: The creation of a separate political state has no direct relationship with the economic mindset of the common man and their inspiration. Lack of economic and…
Today, Pakistanis are being compelled to risk their lives for necessities as basic as a sack of wheat. When flour becomes more valuable than human life, it serves as a…
‘The world is facing numerous extreme, interlinked challenges, including a climate emergency and growing economic inequalities between and within countries. Tackling these problems requires funds to flow in the right direction,…
International Monetary Fund (IMF) Country Report No. 22/288, released in September 2022 – the last such report released, since there have been no successful programme reviews completed since then, given…
The global economy is facing existential threats of climate change and Pandemicene crises. The underlying basis for the perpetuation and hastening of both the crises is Neoliberalism. Here, it needs…
Inadequate provision of International Monetary Fund’s (IMF’s) special drawing rights (SDRs) to Pakistan, like in many developing countries, after an initial allocation from $650 billion released in August 2021 –…
