High inflationary situation should be among the top most priorities of the incoming government. Over-board aggregate demand squeeze policies, among other negative consequences like increasing debt distress – have back-fired…
In a telephone interview with Bloomberg, Prime Minister Shahid Khaqan Abbasi has said that Pakistan would not devalue its currency any further. He further added that in the future exchange…
The State Bank of Pakistan (SBP) is set to announce its monetary policy decision today. Over the past six reviews, the central bank has slashed interest rates by a cumulative…
In March, the government and International Monetary Fund (IMF) are due to hold first review of the Extended Fund Facility (EFF) programme, which was negotiated in September 2024. There are…
The world is undergoing rapid transformation, with emerging alliances and a shift towards a multipolar world order. These changes are evident on both regional and international scales. The ongoing conflict…
‘This chapter has shown that the NMPC [New Monetary Policy Consensus] is limited in four important ways. Firstly, it is based on doubtful assumptions, unwarranted generalisations, overly optimistic expectations about…
The State Bank of Pakistan (SBP) and the current economic team of the government of Pakistan must stop hiding behind a veil of overly cautious monetary policies. The latest Monetary…
In an October 24 post by The Guardian, it highlighted the comments made by Kristalina Georgieva, the head of International Monetary Fund (IMF), which are highly indicative of a global…
A NUMBER of foreign policy challenges lie ahead for Pakistan in 2025. They have to be met in an unstable global environment of mounting geopolitical tensions, intense US-China competition, preoccupation of…
In rare criticism of its past policies, the Bank of Japan said former governor Haruhiko Kuroda’s stimulus didn’t change consumer psychology as much as planned, continuing a symbolic shift away…
