Less than modest economic recovery?
International Monetary Fund (IMF) programme under the Extended Fund Facility rolled out this September has spurred some elements of country’s fiscal and economic recovery. A number of survey reports on…
Politics over economics
This is the second of a two-part series on Pakistani administration’s focus on domestic factors while ignoring external factors which have a much greater relevance in formulation of our domestic…
Making 2024 count economically
A pivotal year which may become a turning point for Pakistan’s economy, 2024 saw significant progress in achieving macroeconomic stabilisation. The country made strides in controlling inflation, reducing interest rates,…
2025: Economic challenges meeting political crossroads
2024 was a year of economic stabilization for Pakistan. Inflation plummeted, the exchange rate showed marginal improvement, and interest rates were nearly halved. However, employment creation and economic growth remained…
Economic cost of disruptions
THE finance minister’s recent statement, attributing daily financial losses of Rs190 billion to the political protests sparked by PTI, offers an important but incomplete picture of Pakistan’s ongoing economic and political turmoil. While it’s…
Economic repercussions of reliance on cotton imports
Pakistan’s economy is fundamentally rooted in agriculture, with cotton serving as the cornerstone of its agricultural framework and related industries. Cotton is not only essential for the agricultural sector but…
Nareri Lake’s silent decline
Local fisherman Aslam Mallah laments, “We used to make a decent living catching fish from the lake, but now it feels like there is nothing left for us. Even the…
Economic growth
THERE are indeed signs that the economy is stabilising. The PSX share index has, for the first time, crossed 100,000 points. The rupee-dollar exchange rate has remained stable over the…
Trump’s economic nationalism
Right-wing populist Donald Trump’s decisive victory in the 2024 US presidential election is expected to fuel a resurgence of economic nationalism in the US. The 21st century has witnessed a…
Macroeconomic projections of IMF, WB
There have been two very recent sets of macroeconomic projections for Pakistan. The first is in the IMF Staff Report on the Extended Fund Facility for Pakistan. The second set…
