Pakistan – a perennial Fund borrower
Twenty-third Interna-tional Monetary Fund (IMF) programme, on average three year per programme, in our 75 years of existence, implies that only in six years was Pakistan not on a Fund…
The challenge of economic revival Jul 15, 2022
Pakistan’s macroeconomic imbalances have assumed dangerous proportions and the hope for economic recovery is yet to materialise. Absence of any concrete plan for revival has led to a situation where…
Finding certainty in uncertain times
SRI LANKA is burning as headlines of economic meltdown and political turmoil dominate the news. Pakistan is no exception as the country has remained in the grip of a serious…
Covid-19: a pandemic that lays bare deep cracks in the neoliberal economic order
The pandemic has exposed the limited institutional capacity of both individual governments, and multilateral institutions, primarily reached under the neoliberal mantra of limited governments which, among other things, meant outsourcing…
Covid-19: a pandemic that lays bare deep cracks in the neoliberal economic order
The pandemic has exposed the limited institutional capacity of both individual governments, and multilateral institutions, primarily reached under the neoliberal mantra of limited governments which, among other things, meant outsourcing…
Will the budget deliver?
THE good news — though dampened by continuing high inflation — is that the economy is showing distinct signs of moving out of the deep downturn caused by the Covid-19…
Ailing economy, absconding FM
In the absence of self-acclaimed genius Finance Minister, reportedly under treatment in London for heart ailment after being indicted for amassing wealth beyond means, who will fix the economic ailments…
Challenges again!
Curiously while the voting populace is embroiled in figuring out who bought his cruiser how, and struggles to solve the mystery of who might or might not be the next…
Expand Ehsaas, extend lockdown
Pakistan’s health crisis could explode , gravely crippling its society, economy and national security, if the lockdown is lifted prematurely. The Almighty has been very kind to Pakistan so far.…
The form and design of IMF programmes
For most of the IMF programmes since 1988, a coupling of short-term programme (Stand-by SBA) with a medium-term programme (Extended Fund Facility (EFF), variously named) has been the norm. The…
