Critical economic challenges
Pakistan’s recent economic crisis, brewing since last few years, intensified in the last quarter of fiscal year (FY) 2022 on account of unsustainable economic measures. This has diminished a large…
Pakistan, and international global financial order
In the recently released report ‘Regional Economic Outlook: Middle East and Central Asia’ by International Monetary Fund (IMF), one of its comments on Pakistan’s economy was ‘For… Pakistan, policy interest…
Serious economic crisis due to austerity policies, and weak multilateralism
Inadequate provision of International Monetary Fund’s (IMF’s) special drawing rights (SDRs) to Pakistan, like in many developing countries, after an initial allocation from $650 billion released in August 2021 –…
The dilemma of price disparity
Seeing monthly inflation rates sends shiver down the spine as the rates are skyrocketing along with declining rupee value and higher taxes to meet IMF conditions, all contributing to the…
Debt – a source of rising concern
During the ongoing World Bank/International Monetary Fund (IMF) spring annual meeting Gita Gopinath, the First Deputy Managing Director of the IMF noted that 15 countries are in debt stress, 45…
A retarding economic growth outlook: IMF and ‘Chicago boys’ in a fix
‘The International Monetary Fund war-ned that its outlook for global economic growth over the next five years is the weakest in more than three decades, urging nations to avoid economic…
The GDP growth this year
The budgeted Gross Domestic Product (GDP) growth rate was an unrealistic 5 percent (10 June 2022), downgraded to 3 percent subsequent to the devastating floods and in recent reports the…
Serious economic crisis due to austerity policies, and weak multilateralism
Inadequate provision of International Monetary Fund’s (IMF’s) special drawing rights (SDRs) to Pakistan, like in many developing countries, after an initial allocation from $650 billion released in August 2021 –…
The dilemma of price disparity
Seeing monthly inflation rates sends shiver down the spine as the rates are skyrocketing along with declining rupee value and higher taxes to meet IMF conditions, all contributing to the…
The economic malaise
Pakistan today faces the worst financial crisis in its 75-year history. This is attributable to both long-term trends and more recent developments. The former is primarily the path of accumulation…
