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Less than modest economic recovery?

International Monetary Fund (IMF) programme under the Extended Fund Facility rolled out this September has spurred some elements of country’s fiscal and economic recovery. A number of survey reports on…

2025: Economic challenges meeting political crossroads

2024 was a year of economic stabilization for Pakistan. Inflation plummeted, the exchange rate showed marginal improvement, and interest rates were nearly halved. However, employment creation and economic growth remained…

Political culture

THERE have been many political movements in Pakistan; some of them have also been between two opposing ideologies, such as the Movement for the Restoration of Democracy and the Pakistan…

Privatisation for economic recovery

A COMMON refrain of donors is that Pakistan needs to raise its tax-to-GDP ratio substantially to achieve macroeconomic stability on a sustainable basis. It has earlier been argued in these…

Policy, reform & political change

PUBLIC policies struggle to survive, and reform agendas get stalled in times of political change. At best, uncertainty surrounds them; at worst, they are scrapped by political opponents when they…

Political sports

The Paris Olympics 2024 began as gentle rain fell over the venue. This was beyond the control of organizers and did nothing to spoil the opening ceremony. What does raise…

Recovery budget

The federal budget for the fiscal year 2024-25, recently approved by parliament, marks the beginning of the Shehbaz Sharif-led government's ambitious economic plan to tackle Pakistan's monumental challenges. Despite relentless…