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IMF’s macroeconomic projections for FY23

The IMF staff report on the seventh and eighth reviews of the EFF with Pakistan contains a detailed set of macroeconomic projections of the economy of Pakistan for 2022-23, and…

How to avert economic collapse

The worst kept secret about the present economic crisis is that it has resulted from our rulers having saddled the people with a huge debt while harvesting its proceeds to…

An economic doomsday?

Economy is the most important aspect of a modern state’s life. Pakistan faces an unprecedented and deep economic crisis. There is no hope of its quick recovery. It seriously threatens…

Real clear economics

There is much confusion about our economic predicament. Yet, nothing could be clearer. On the security of the wealth and income of present and future generations, governments of Pakistan have…

The invisible economic Decimator

In economic terms denominator is a more appropriate word. However, decimator is a more appropriate description of how economic gains are eaten and destroyed by a major invisible factor -…

A self-sufficient economic model

It is time to strike a strategic balance between public and economic health for the maximum economic good of masses at large, especially the have-nots. As such, while extreme physical austerity needs to be…

Coronavirus and economic policy

First of all it makes sense to realize that the COVID-19 just did not hit the world from out of the blue. In fact, according to a research article ‘Coronavirus:…

Global economic prospects under Covid-19 crisis

Covid-19 has badly exposed the lack of interdisciplinary approach of mainstream economics – the theoretical basis for widely practiced economic policy, both at the level of most countries and multilateral…