IMF policy needs a serious rethink
The first major jolt to the International Monetary Fund’s (IMF’s) thinking regarding pursuing austerity policy came in the inability of austerity policy to neither allow eurozone area to reach needed…
Govt, IMF, and need for policy revisit
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…
Climate change, austerity policy, and IMF programme
Pakistan is likely to enter into an Extended Fund Facility (EFF) programme – which is different from a standby arrangement (SBA) programme since, in addition to targeting macroeconomic stabilisation, including…
Both IMF, govt need serious policy path correction
The International Monetary Fund (IMF) in its recently-released flagship report ‘World Economic Outlook [WEO] update: inflation peaking amid low growth’ indicated that while the economic growth prospects globally had improved…
Income tax policy options and the IMF
THE Federal Board of Revenue (FBR) is required to submit to the parliament by end June 2009, legislative amendments on a number of tax policy and administration measures envisaged under…
Policy rate unchanged
The Monetary Policy Committee (MPC), met under the chairmanship of the Governor State Bank of Pakistan (SBP) on 10 March 2025, and decided to keep the policy rate unchanged at…
IMF programme & our vulnerabilities
Pakistan’s economy has been perpetually struggling through recurrent turbulent phases, facing severe fiscal and external account challenges, exacerbated by outside shocks, weak governance, and inefficient financial management. The country has…
IMF: both a problem and a solution?
The country is currently under the 23rd IMF programme — a US$ 7 billion, 37-month Extended Fund Facility (EFF) arrangement — which has provided critical support to avert external default.…
Sri Lanka may need more IMF help as blasts threaten tourism
Sri Lanka faces a likely collapse in tourism following Easter Sunday bomb attacks on churches and hotels, which would deal a severe blow to the island's economy and financial markets,…
IMF’s 2024 Article IV report, and debate on inflation—I
‘Annex VI. From boom-bust to stabilization: monetary policy and business cycles in Pakistan’ published in the October 2024 report by International Monetary Fund (IMF) titled ‘Article IV consultation and request…
