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Unaddressed economic challenges

The debate and anxiety throughout Pakistan in the aftermath of the stalled Extended Fund Facility (EFF) programme signed with the International Monetary Fund (IMF) in July 2019, ended unsuccessfully on…

The great economic challenge

Proud nations, with will of steel, shine the brightest when the clouds are the darkest. The current economic challenge at hand covers the policy landscape with such clouds. We should…

Gross financing, and medium-term economic strategy

International Monetary Fund (IMF) Country Report No. 22/288, released in September 2022 – the last such report released, since there have been no successful programme reviews completed since then, given…

Leadership and economics

Upon the conclusion of every single overseas visit I am filled with sadness and a deep sense of disillusionment. This is despite a divinely blessed deep reservoir of optimistic attitude…

Planning power

Energy planning in Pakistan is mostly carried out on an ad-hoc basis as a reaction to an urgent crisis. This hasty and short-sighted approach has not only caused irreversible damage…

Lack of prudent macroeconomic policies

“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…

Economic framework yet to be finalized

Setting the bar unrealistically high or looking at filling the glass up to more than capacity by any administration can be supported on the grounds that it may propel the…

Political paralysis in Iraq hampers economic growth

A year since Iraq’s last elections, it remains without not only a new government but a budget too, obstructing much-needed reforms and infrastructure projects in the oil-rich but war-ravaged country.…