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Provincial economic policy

As the new provincial governments are finding their feet in a rather very difficult economic environment, it is important to fix the problems at the root. This means setting aside…

Some important economic policy questions

The first important policy question facing policymakers is how much role aggregate demand plays in determining inflation? This needs a clear presentation of analysis by policymakers, since the way inflation…

Economic policy needs a hard reset

The present currency crisis in Pakistan is unprecedented. PKR has depreciated against USD from 180 to 305 since March 2022, and now it is a creating a self-feeding bubble. People…

Need for greater discretionary economic policy

The International Monetary Fund (IMF) has pushed for pro-cyclical, austerity-based policies in its Stand-By Arrangement (SBA) programme with Pakistan in line with its usual bread-and-butter policy prescription generally meted out…

Economic policy by the interim govt

Given Pakistan is facing very difficult economic challenge, mainly in the shape of bringing debt sustainability, on one hand, and on the other controlling inflation, while also providing as much…

‘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…

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,…