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Waiting for the loss and damage fund

Article 8 of the Paris Agreement, 2015 enshrines the importance of averting, minimizing and addressing loss and damage associated with the adverse effects of climate change, including extreme weather events…

The Fund strikes back

It didn’t take long for the IMF (International Monetary Fund) to red-flag the budget, did it? Just as feared in last week’s column, it still wants the government to “do…

The FY23 budget and Fund approval

Pakistani administrations have become adept at presenting an annual budget to parliament with the required detailed documents (with respect to both projected expenditure and revenue), printed at considerable cost to…

Govt’s only option despite Fund squeeze

When it rains, it pours. Financial as well as political pressures are clearly combining to leave the government with no option but to gamble with another expansionary, typically election-year budget…

Fund’s slippery slope

Former finance minister, Asad Umar, has revealed that an alternative solution to deal with the country's financial crunch instead of opting for the International Monetary Fund (IMF) bailout package was…

The Profundity Of Latest Economic Literature

The profundity of latest economic literature

Pakistan's federal finance ministers have generally opted for those policies/reforms that are supported by multilaterals/bilaterals that are politically the least challenging - as it facilitates borrowing - or implement outdated…