Egypt dims lights to boost foreign reserves
An economic crisis spurred by the Ukraine war is casting darkness upon Egypt’s streets, as the government dims lights to free up energy for export and bolster hard currency reserves.…
Foreign firms’ losses from exiting Russia top $107bn
The corporate exodus from Russia since its 2022 invasion of Ukraine has cost foreign companies more than $107 billion in writedowns and lost revenue, a Reuters analysis of company filings…
Protecting foreign investment
Foreign investment plays a significant role in the economic development of a country as it boosts economic growth, supplements domestic savings and investments. It often leads to the establishment or…
Protecting foreign investment
Foreign investment plays a significant role in the economic development of a country as it boosts economic growth, supplements domestic savings and investments. It often leads to the establishment or…
The untamed frontier of foreign exchange
A stable and predictable forex market is a beacon for foreign investors. Their confidence fuels economic growth, creates jobs, and bolsters a nation’s financial strength. Foreign exchange reserves act as…
Reliance on foreign loans
Economic Affairs Division in its foreign economic assistance (FEA) data disclosed a 58 percent rise in foreign loan inflows in the first quarter (July-September) of the current fiscal year compared…
Managing energy imports to save forex reserves
Pakistan relies on imports for 49 percent of its primary energy supplies, which strains its already limited foreign exchange reserves. As of April 2023, Pakistan’s total net reserves were US$…
Domestic and foreign savings: government must cease reliance
National savings rate is an important indicator of an economy’s financial health, and its identity with investment determines how much a country needs to borrow domestically (deficit financing, a highly…
Dwindling forex reserves and bravado
Consumer Price Index rose to 36.4 percent in April - a rise of one percent from March 2023, 23.7 percent from March 2022 and if one takes away the economically…
The 80/20 rule for maximising foreign exchange earnings
Pakistan’s economy has been facing a number of challenges in recent years, including low growth, high inflation, large fiscal and current account deficits, and declining foreign exchange reserves. Despite various…
