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A programme for economic prosperity

The answer to Pakistan’s dilemma must rely almost exclusively on the intrinsic resources and the people of Pakistan. The government needs to get out of the way — cut spending,…

Economic impact of IMF program

A staff-level agreement has finally been reached with the IMF. A press note was issued from the IMF headquarters on May 12, 2019 confirming the willingness for a three-year Extended…

IMF programme: lack of ingenuity?

The narrative led by Prime Minister Shehbaz Sharif and Finance Minister Muhammad Aurangzeb is that the economy has begun to show signs of improvement, reflected by a contracting current account…

Home-grown economic plans

THE government recently formed a committee of eminent international and Pakistani economists to draft a home-grown economic programme. This article shows that there is little need for such a committee. There is…

Beyond the economic crisis

PAKISTAN no longer faces an economic emergency as it did last year when it teetered on the edge of sovereign debt default. It has come out of that crisis and managed…

Geo-economics over geo-politics

The strategic shift from geo-politics to geo-economics is a welcome initiative. In a world where the relative importance of a nation is determined primarily by its economic strength, the focus…