Dwindling excess savings could scupper markets’ soft-landing hopes
Markets have high hopes for a soft landing for the economy, with bonds and equities rallying. Yet a sharp drawdown in the excess savings created by COVID-19 could be a…
Ciphers you can’t decipher
Even if you are totally bowled over by the endless reverberations of what had happened on May 9, you still need to have patience to bear with this rising tempo…
Euro’s stellar run in doubt as ECB muddies rate outlook
Euro bulls are set for an anxious summer ahead as doubts creep in over how far the ostensibly still-hawkish European Central Bank will go with interest rate rises. The euro…
Pakistan’s lifeline restored by IMF
Pakistan and IMF (International Monetary Fund) have reached a $3 billion Stand-By Arrangement (SBA) to help the country successfully avert default. However, the agreement comes with tough conditions! Many of…
Economic policy consensus: Anjum Ibrahim
There are two sides to a coin as they are to any argument – be it the result of informed debate and subsequent consensus or be it the outcome of…
Inequality, poverty, and austerity–I
Two reports recently released clearly indicate that in the wake of pandemic, not only has progress on sustainable development goals (SDGs) overall slowed down significantly, the very first goal in…
Call a spade a spade
The refrain from the Prime Minister’s office prior to 23 June 2023 that all International Monetary Fund (IMF) conditions pertaining to the stalled ninth Extended Fund Facility (EFF) review have…
TERF: We’re always on home turf when it comes to criticism!
TERF (temporary economic refinance facility) was a hot topic last week. The scheme was offered at the time of Covid distress and was for the purpose of capital formation and…
Beyond the IMF deal
Pakistan has signed a fresh nine-month stand-by agreement (SBA) with the International Monetary Fund (IMF) worth $3 billion in a last-ditch bid to avoid sovereign default. The agreement at the…
Where no questions are asked
In Pakistan, polarization and rhetoric are at their peak and many conflicts abound whilst a terrifying brain drain and flight of capital are underway. With the recent IMF SLA, we…
