Federal Finance Minister Ishaq Dar referred to some statistics, specifically unemployment, released by the Economic Survey 2012-13 as ''politically expedient'' and therefore not credible. Unemployment rate of 6 percent in…
The IMF has been actively involved with Pakistan since the 1980s – with short intervals of temporary disengagement. During this period, Pakistan availed itself of the IMF’s balance of payments…
So we are told that the government plans to retire the circular debt and restore power supplies. Under the present circumstances, it is hard to imagine a better policy stimulus…
Whenever a country faces a serious balance of payment crisis, it goes to the IMF to seek balance of payments support. While providing resources, the IMF asks the government to…
I was not disappointed by the budget 2013-14 - not because it contained any out-of-th-box thinking or indeed any reform measures that would have changed the economy's direction in the…
Needless to emphasise that the industrial and overall economic development of any country is inconceivable without energy security, which implies the availability of enough energy resources to cater for the…
Unlike all times this budget does not have to be based on number crunching. A budget is much more than merely an exercise in money terms and in terms of…
Reading a recent leader story in this paper about the government's intention to issue $5 billion worth of T-Bills/PIB's in lieu of the circular debt has prompted me to write…
Pakistan’s socio-economic problems have assumed cancerous dimensions – and the road to recovery is now a minefield. Clearing the minefield, rather than skirting it like past governments, is the only…
No government in Pakistan has ever inherited a graver and more existentially challenging set of crises and problems than the PML-N-led national government will do when it formally assumes office…
