Crises? Not in 2035
It is 2035, and Pakistan has defied history. For the first time, the economy is not in crisis, the government is not in debt distress, and Pakistan is not running…
Three headlines, three crises
THE previous week began with high-profile UN meetings and international hobnobbing and ended with a judicial conference, audio leaks from the Prime Minister’s Office and an unsurprising change at the finance ministry. Stories were big and…
Universities and the financial tightrope
In an oped in these pages a few weeks earlier (‘Defunding of public higher education’, March 29), I wrote about the review conducted by the Special Investment Facilitation Council (SIFC)…
Debt and austerity: developing world deep in economic crises
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…
Pakistan, and international global financial order
In the recently released report ‘Regional Economic Outlook: Middle East and Central Asia’ by International Monetary Fund (IMF), one of its comments on Pakistan’s economy was ‘For… Pakistan, policy interest…
Financial crisis
Pakistan is currently going through the most severe economic crisis in its 75-year history, arguably worse than the period of economic sanctions following the 1998 nuclear tests. Financial experts agree…
Coronavirus and global financial crisis
From the start of 2020, coronavirus (COVID-19) confirmed cases are rapidly growing around the globe. This pandemic started in China and in the last seventy days the total number of…
Economic crises
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…
Corona, crises and reform
The emergence of the sugar and wheat profiteering scandal at exactly the moment in time when the most central debate of our lives is about the economic survival of the…
Palestinians in financial crisis after Israel, US moves
The Palestinian Authority faces a suffocating financial crisis after deep US aid cuts and an Israeli move to withhold tax transfers, sparking fears for the stability of the West Bank.…
