The making of an Asian tiger
The remarkable economic success of the ‘Asian Tigers’ (South Korea, Taiwan, Singapore and Hong Kong) has long fascinated the world, Asia in particular. The Asian Tigers resurfaced during the May…
Massive funding plans
The Foreign Economic Assistance Monthly Report for November 2024 published by the Ministry of Economic Affairs, Government of Pakistan, provides an in-depth examination of financial disbursements made against budget estimates…
public sector insurers
Takaful, an Islamic insurance model rooted in the principles of mutual help, offers a compelling global alternative. However, its potential remains largely untapped in Pakistan, a nation with a robust…
Power sector: role of WB, ADB, IMF
Once again the World Bank (WB) is reported to be currently working with the government to invite private sector participation in the distribution sector, starting with the best-performing power distribution companies (Discos),…
In search of growth
THERE appears to be growing impatience within the government with the ongoing economic adjustment, and an itch to somehow kick-start growth. The itch grows out of the realisation that the…
A climate crossroads in Baku
It took nearly 29 years to arrive at COP29, held this year in Baku under the auspices of the United Nations. The dream of clean air free from greenhouse effects,…
Pakistan’s housing crisis needs innovation
Pakistan's explosive population growth over the past five decades presents a pressing non-traditional national security concern. With ripple effects on water, food, and energy security, this demographic surge threatens social…
Level of external inflows
The level of external inflows into Pakistan is of vital importance in ensuring a ‘safe’ level of foreign exchange reserves and ensuring relative stability in the value of the rupee.…
IMF lending: tougher tasks lie ahead
The International Monetary Fund (IMF), upon securing all pre-conditions, announced this week the approval of the 37-month Extended Fund Facility (EFF) valued at USD 7 billion. This IMF programme is…
ADB increases climate finance after US, Japan give world’s first sovereign guarantees
The Asian Development Bank will increase its climate-related lending by up to $7.2 billion after the United States and Japan agreed to underwrite risk for some existing loans, an ADB…
