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IMF’s macroeconomic projections for FY23

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…

Floods continue to be ignored by IMF

Finance Minister Miftah Ismail has repeatedly claimed that the harsh conditions agreed on behalf of the hapless people of this country in the sixth/seventh review documents uploaded by the International…

Loans from the IMF

Although I am currently in Canada, I am not unaware of the ongoing situation in Pakistan and the South Asian region. The economic crisis in Sri Lanka is becoming worse…

A cruel IMF programme

‘The pandemic triggered a dramatic increase in public debt in developing economies, from 54 to 65 per cent of GDP between 2019 and 2021. At least 25 developing economies devote…

Budget FY23 and IMF’s programme

“Among the most difficult problems faced by developing countries is that of balancing a budget that is swollen by the cost of development. This problem is enhanced both by the…

Pakistan, IMF & SBP

The expected dividends of Shehbaz Sharif, Prime Minister of Pakistan’s maiden visit to the Gulf are still awaited. These are delayed because of some “procedural matters”. During his tour, he…

The govt and the IMF

Prime Minister Imran Khan and Finance Minister Shaukat Tarin took to twitter to claim victory soon after the International Monetary Fund (IMF) Board of Directors approved the release of the…

IMF returns

Finally and belatedly an IMF staff mission has arrived in Pakistan. This is after a gap of five months. The last time a mission was here was in November 2018.…

The IMF challenge

Please don't ever go to the IMF. Also please refrain as far as possible from promising, even rhetorically, to emulate the Chinese model or to turn Pakistan into an Asian…

Structured access to IMF

The principle of international economic law prescribes foreign exchange stability of the member countries and it recognizes that the essential purpose of the international monetary system is to provide a…