Public debt: boon or bane?
Few subjects have received as much attention in recent years as the subject of public debt did – that too mostly negative. The subject has been so maligned that ordinary…
Public debt management
When the present government started its term in June 2013, it inherited challenges like large fiscal deficit, rising debt burden, unfavourable balance of payments, low foreign exchange reserves, poor growth…
Public debt: then and now
Federal Finance Minister Ishaq Dar never tires of comparing the performance of key macro-economic indicators during the five-year tenure of the PPP-led coalition government with his own one year's performance.…
Macroeconomic stability and public debt
An appraisal of the government’s strategy to achieve macroeconomic stability by leaning on the International Monetary Fund (IMF), for credit inflow reflected in its new bid, for which a formal…
Debt ceiling: White House bets Republicans will blink under pressure
The White House is refusing to negotiate with hardline Republicans on raising the debt ceiling because it believes enough of them will eventually back off their demands, as a growing…
After free-spending Trump years, Republicans rediscover US debt
US President Joe Biden’s $1.9 trillion plan to revive the US economy has been met with howls from the Republican opposition in Washington, with conservative lawmakers saying it is full…
Neoliberal assault and the role of public sector
Under the neoliberal assault of the last four decades, or so, the role of the public sector has diminished, and with it its capacity – especially as it outsourced more…
Dealing sustainably with debt
The issue of debt is based on three aspects - identifying the causes of built-up of debt, enhancing its productive and allocative efficiency, and then retiring debt, or debt servicing.…
Kafkaesque debt spiral
Pakistan’s debt story has become a grim chronicle of missed opportunities, persistent mismanagement and recurring crises that have steadily eroded the foundations of economic sovereignty. The fragile fiscal account is…
Crisis-prone France sinks deeper into debt quagmire
The collapse of France’s latest government leaves the euro zone’s second-biggest economy lurching deeper into a morass of feeble growth, high borrowing costs and a debt burden becoming one of…
