Since the 2008 economic crisis, the private sector’s contribution to economic growth has been marginal, replaced in large part public sector projects and CPEC (China Pakistan Economic Corridor). This has…
In Pakistan, the landscape of power tariffs is shaped significantly by the framework of Power Purchase Agreements (PPAs) and is directly connected to macroeconomics. Under these agreements, the costs associated…
In a recent statement reportedly, interim finance minister Dr Shamshad Akhtar indicated that there were signs of economic recovery, whereby she pointed out: ‘There are some initial signs of economic…
The International Monetary Fund (IMF) epitomizes a global economic paradigm rooted in inequality with little emphasis on inclusiveness. Advocates of this model argue that some degree of inequality is essential,…
“The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design” — Friedrich von Hayek Pakistan is facing a…
The IMF staff report on the seventh and eighth reviews of the EFF with Pakistan contains a detailed set of macroeconomic projections of the economy of Pakistan for 2022-23, and…
The recent medium-term projections by some of the major multilateral agencies have created a strong sense of apprehension about the future prospects for the economy of Pakistan. For example, the…
This following argument has been prompted by the State Bank of Pakistan's rejoinder to an editorial of this newspaper. This writer is of the view that there are serious questions…
State Bank of Pakistan (SBP) is its latest monetary policy statement (MPS) increased policy rate by 150 basis points to 8.75 per cent, stating, among other things, that ‘risks related…
State Bank of Pakistan (SBP) increased policy rate by 1 percent (100 basis points) to 9.75 percent. This is the second increase by SBP within the period of a month…
