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…
This is an appropriate time to evaluate the initial performance of Pakistan’s economy in the first half of 2024-25, in relation to the IMF programme targets for the year. Any…
This is the appropriate time to review progress on implementation of the reforms committed to the IMF in the new IMF Extended Fund Facility of 5,320 million SDRs, equivalent to…
The Staff Report on the new 37-month Extended Fund Facility by the IMF of $7 billion contains a number of structural benchmarks, along with their rationale and the date by…
‘Augusto Pinochet’s coup in Chile is widely seen as inaugurating the global neoliberal era. As the 1970s progressed, neoliberal ideas and policies came increasingly to shape the agendas of international…
The narrative led by Prime Minister Shehbaz Sharif and Finance Minister Muhammad Aurangzeb is that the economy has begun to show signs of improvement, reflected by a contracting current account…
The newly approved IMF Programme in the form of a 37-month Extended Fund Facility can be considered as perhaps the toughest ever for Pakistan. This conclusion is reached after a…
‘Augusto Pinochet’s coup in Chile is widely seen as inaugurating the global neoliberal era. As the 1970s progressed, neoliberal ideas and policies came increasingly to shape the agendas of international…
The past few decades have seen a massive overhaul in development thinking. With the wisdom of the Washington consensus by the International Monetary Fund (IMF) and the World Bank questioned,…
In the statement released by International Monetary Fund (IMF) on September 27, it indicated that it had approved a 37-month extended fund facility (EFF) programme, which unlike a very natured…
