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Economic half-truths

After pushing Pakistan’s economy towards partial deindustrialisation, the pundits of the neo-liberal world have come up again with a new anti-people agenda. These ‘experts’ now want the government to sell…

Rising global economic uncertainties

‘Businesses, governments, and investors were already navigating a foggy global landscape before the tragic events unfolding in the Middle East. …Even in the highly unlikely event that the geopolitical situation…

Important global economic challenges

Decades of neoliberal assault of advocating greater market fundamentalism, and lesser government regulation produced a global financial and economic order with serious resilience, and equity issues, which were glaringly exposed,…

Economic impasse and political instability

The economic challenges of Pakistan are appallingly enduring, and unless we effectively address fiscal discipline issues, expand our tax base, and eliminate resource wastage, the country’s economic stagnation is likely…

Need for greater discretionary economic policy

The International Monetary Fund (IMF) has pushed for pro-cyclical, austerity-based policies in its Stand-By Arrangement (SBA) programme with Pakistan in line with its usual bread-and-butter policy prescription generally meted out…

Pakistan & Argentina: two economic scenarios

“On July 28, the Argentine authorities and IMF staff reached a staff-level agreement on the combined fifth and sixth reviews under Argentina’s 30-month Extended Fund Facility (EFF) arrangement. This agreement…