111 510 510 libonline@riphah.edu.pk Contact

The optimism of SBP

The recent statement by the Monetary Policy Committee of the SBP (State Bank of Pakistan) has certainly provided comfort to a reader. Amidst all the bad news of fall in…

Dar-dollar parity? Really?

What’s all this fuss about (former finance minister) Isahq Dar and the dollar? And why did markets, both equity and currency, present him a guard of honour even before he…

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…

The challenge of economic revival Jul 15, 2022

Pakistan’s macroeconomic imbalances have assumed dangerous proportions and the hope for economic recovery is yet to materialise. Absence of any concrete plan for revival has led to a situation where…

SBP shocks but doesn’t surprise

Even those shocked by the SBP’s (State Bank of Pakistan’s) uber-hawkish posturing at the last MPC (Monetary Policy Committee), like businesses and investors, had more or less priced in a…

Economy: bleak scenario

Our current grim economic situation is a result of multiple factors—undoubtedly some decisions/inactions by the previous coalition government of Pakistan Tehreek-e-Insaf (PTI) have played a negative part. It is a…

Circling the drain

The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) couldn’t be serious that the “business, industrial and trade community is shocked” at the way the State Bank of Pakistan…

Wait-and-see policy of SBP

The latest Monetary Policy Statement (MPS) was issued by the SBP on the 8th of March. Since the Russian-Ukraine war situation remains fluid and it is not clear what the…

Hawkish Fed haunts SBP

Now you know why the State Bank of Pakistan (SBP) implied that the monetary policy committee (MPC) might meet before its next scheduled meeting on 19 April 2022 if necessary.…