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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…

A tsunami of loans

Pakistan is under a severe debt trap, suffering from economic stagnation, economic slack and high inflation. There seems to be no solution to the country’s economic woes as the IMF’s…

Can a country survive on loans?

Almost all things in Pakistan — from politics to economics — are managed purely through an ad hoc approach. The phenomenon of ‘adventurism’ has been the hallmark of our struggle…

Loans from the IMF

Although I am currently in Canada, I am not unaware of the ongoing situation in Pakistan and the South Asian region. The economic crisis in Sri Lanka is becoming worse…

Opportunities for the government

The balance of payment) (Bocrisis has been aggravated by major currency depreciation taking place over the past few months, the rupee plunging 15% since December last. Surprisingly the currency has…