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Policy measures for enhancing textile exports

Pakistan's poor trade performance in the last decade is an outcome of diminishing export competitiveness and imprudent national policies. Pakistan has had two textile policies, first five-year textile policy was…

Capital suggestion: Measures v policy

Administrative measures are actions, steps, or decisions taken by government officials or administrative bodies to address immediate issues. Administrative measures are typically aimed at managing day-to-day affairs, ensuring compliance with…

Policy responses

PAKISTAN is passing through a period of subdued growth shaped by stringent policies under the ongoing IMF programme. The economy has slowed to 2.7 per cent growth, while poverty affects…

Forex policy and market jitters

The State Bank of Pakistan’s new restrictions on individual dollar purchases have triggered predictable debate within financial circles, business communities and ordinary households alike. While the central bank insists these…

Industrial policy a relic

AS a response to sluggish growth, a well-trodden and worn-out narrative regarding the need for an industrial policy is again making the rounds in official circles. It is being proclaimed as the…

Discount rate as a policy tool

Economic stability has been achieved, and the country will not be deterred from implementing the reform agenda agreed with the International Monetary Fund (IMF) – a claim that has repeatedly…

3 policy decisions in the dock

Three news items this week past should be a source of serious concern to the country’s stakeholders: SBP’s decision to purchase USD 8 billion from the open market to shore…

A better mobility policy

Motorcycles have become the backbone of mobility in Pakistan, comprising nearly 77 per cent of all registered vehicles in the country, according to the Pakistan Economic Survey 2022–23. Out of…

SBP’s over-cautious and lopsided monetary policy

In their August 2024 published article ‘Understanding the international rise and fall of inflation since 2020’ in the ‘Journal of Monetary Economics’, three writers from the Research Department of International…