Navigating economic corridors
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.…
‘Heat economic policy’
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…
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…
Economic policy consensus: Anjum Ibrahim
There are two sides to a coin as they are to any argument – be it the result of informed debate and subsequent consensus or be it the outcome of…
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…
Strategic partners
Indian Prime Minister Narendra Modi’s visit to Washington last month is a stark reminder of the rapidly developing Indo-US strategic partnership and the high priority attached by the US to…
Huge global economic policy challenges
‘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,…
Gross financing, and medium-term economic strategy
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…
FY23: Uncovering drivers of economic performance
The National Account numbers for FY2023 have been published and, unfortunately, they paint a truly dismal picture of economic performance. Under the PDM (Pakistan Democratic Movement) government, economic activity has…
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…
