IMF programme has dead-ended?
The uncertainty surrounding the International Monetary Fund (IMF) programme is one single factor that has been haunting the country’s economy and fiscal sustainability for months. It has swung the market…
IMF programme & reforms
Pakistan, one of the major victims of climate change, is fighting alone to manage the damages caused due to catastrophic flooding and unprecedented rains that have affected almost one-third of…
IMF programme and energy crisis
Pakistan has less than US$3 billion in foreign reserves, enough to finance less than three weeks of imports. It owes more than US$9 billion in principal and interest payments in…
All roads lead to the Fund
The press release, subsequent to the two-day fortieth National Security Council (NSC) meeting, noted that “national security revolves around economic security and that sovereignty or dignity comes under stress without…
HEC invites applications for travel grant programme
Higher Education Commission (HEC) has invited applications from faculty/researchers of public sector universities and eligible private universities to apply for HEC funding under the Travel Grant Programme. According to official…
Pakistan – a perennial Fund borrower
Twenty-third Interna-tional Monetary Fund (IMF) programme, on average three year per programme, in our 75 years of existence, implies that only in six years was Pakistan not on a Fund…
Winning back the Fund – and the people
The good news is that the Financial Action Task Force (FATF) has formally recognized that Pakistan has completed its two action plans covering 34 action items. With this, Pakistan met…
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…
A cruel IMF programme
‘The pandemic triggered a dramatic increase in public debt in developing economies, from 54 to 65 per cent of GDP between 2019 and 2021. At least 25 developing economies devote…
Oil, gas prices: need for stabilisation fund
Oil prices go up and down. Now gas prices are also linked with oil prices. While lower oil prices go unnoticed and without affecting the economies of the developing countries…
