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Foreign aid is no panacea

EVERY year brings forth a plethora of books on various topics. As far as economics is concerned, one of the interesting releases of 2023 was Didac Queralt’s Pawned States. Analysing…

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…

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…

Low foreign inflows

The foreign exchange reserves of the SBP have plunged to $6,116 million as of 16th of December 2022. There has been a decline in these reserves of $3,700 million since…

Resetting foreign economic relations : Part I

The 2021 National Security Policy has made geo-economics its main pivot. It is therefore essential to look in a coherent and comprehensive manner how Pakistan’s economic relations with other nations…