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Design flaws in IMF programme

The International Monetary Fund (IMF) programmes are regarded as well designed by other multilaterals (with routine consultation amongst themselves on not only synchronizing their policies but also ensuring that there…

IMF review & state of economy

I expect an agreement on the review to come within this week, so, any day now. I can say that Pakistani authorities, the Minister of Finance, they deserve credit for…

Power bills and public anger

The usual jargon was issued by the Prime Minister’s Office on 27, Sunday, after an inconclusive emergent meeting was called in the aftermath of violent street protests in several cities…

Back from the brink

The Stand-by Arrangement (SBA) with the International Monetary Fund (IMF) has pulled the country back from the brink of default. The SBA gives Pakistan some breathing space for the needed…

The budget 2023-24

The government’s negotiators are citing the pending International Monetary Fund (IMF) ninth review as well as the need to table the budget for 2023-24 and get its approval from parliament…

The IMF-govt trust deficit

The Pakistani public is being subjected to extremely disturbing macroeconomic indicators with each subsequent update showing a worsening trend - data-set sourced to government entities, including the Pakistan Bureau of…

IMF programme & reforms

Pakistan, one of the major victims of climate change, is fighting alone to manage the damages caused due to catastrophic flooding and unprecedented rains that have affected almost one-third of…

Sri Lanka or Bangladesh?

Pakistan’s economy is hanging by a thread; fragile and vulnerable at a risk of breaking down. In 2021, the Sri Lankan economy faced a significant setback as the value of…

Austerity by the rich

Another austerity drive is on the cards as Pakistan tries to strike an agreement with the IMF for the release of a $1.2 billion tranche. The country desperately needs the…