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Debt, climate, inflation

DEBT, climate, and inflation have in recent years become important planks of the spring meetings hosted by the World Bank and IMF. The agenda for this year’s meetings, which concluded last week,…

Pakistan’s last IMF programme?

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,…

Emerging climate risks & IMF

THERE is no bigger threat to Pakistan’s macroeconomic and financial stability than climate shocks. Around this time last year, we were hit by floods costing $30 billion that have derailed…

The fifth attempt

PRIME MINISTER Shehbaz Sharif has attained nirvana. Within the same fortnight, he has met President Vladimir Putin at the SCO summit at Samarkand, attended the funeral of Queen Elizabeth II…

Fact-check on PML-N claim

The Deputy Prime Minister and Foreign Minister, Ishaq Dar, labelled delays in the International Monetary Fund’s (IMF’s) disbursements under agreed loans as “sabotage”. “I was in the last government for…

The way forward for Pakistan

“Rather than going cap-in-hand asking for new finance, the new government and its backers in the establishment and business would need to design first their own plans worth investing in,…

Counting our deficits

With this week’s advent of Ramazan, our lives have changed in some tangible ways. Our daily routines have acquired a new rhythm. At least in these initial days of the…

Important climate finance issues at COP28

The world is faced with not only the existential threat of climate change crisis, but the impact it is producing in terms of creating a situation of polycrisis, which requires…