THERE is growing acknowledgment of macroeconomic stabilisation in recent months. Inflation is down, the current account has posted surpluses for four consecutive months on the back of rising remittances, foreign exchange reserves are growing, and export growth, while…
This is the appropriate time to review progress on implementation of the reforms committed to the IMF in the new IMF Extended Fund Facility of 5,320 million SDRs, equivalent to…
Pakistan, the fifth most populous country in the world, bids farewell to 2024 – and yet the unfinished population growth business concerns politicians, leaders, academics, and development practitioners. As the…
Three provincial chief ministers from three competing political parties – Punjab (PML-N), Sindh (PPP) and Khyber Pakhtunkhwa (PTI) — are vying with each other to deliver more to their people…
Pakistan’s private sector elite in industry and the farm sectors, major non-institutional recipients of budgeted expenditure and an influence behind the continued reliance on indirect taxes as a revenue source…
In its last meeting, the Monetary Policy Committee (MPC) decided to cut the policy rate by 250 basis points to 15 per cent. Per the MPC Statement, “Taking into account…
The Staff Report on the new 37-month Extended Fund Facility by the IMF of $7 billion contains a number of structural benchmarks, along with their rationale and the date by…
BALOCHISTAN has consistently found itself at the bottom of the development pyramid. Most surveys show that the province ranks lowest in education in both access and standard. While the recent…
The first quarter of 2024-25 has closed with an unusual and extremely positive outcome. There is actually a budgetary surplus of Rs1,537 billion. This is attributable to the receipt of…
The newly approved IMF Programme in the form of a 37-month Extended Fund Facility can be considered as perhaps the toughest ever for Pakistan. This conclusion is reached after a…
