The State Bank of Pakistan (SBP) has managed to maintain forex reserves despite facing substantial debt servicing payments. This indicates that the SBP has been actively purchasing dollars from the…
In the intricate fabric of Pakistan’s economic landscape, a daunting debt crisis casts a long shadow, threatening the nation’s quest for stability and prosperity. Recent revelations from key economic institutions,…
Muhammad Boota, a domestic worker in Lahore, requires an insulin injection every 10 days to help manage his diabetes. But just one of these injections costs about one-third of his…
‘In most western countries, inequality is rising, and social mobility has stalled. Our citizens are losing purchasing power. They are struggling to find a decent job, to buy a proper…
The first quarterly review of the IMF (International Monetary Fund) Stand-by Facility has been successfully accomplished by the Government. The efforts of the caretaker Government to adhere to the agreed…
Savings by an individual/householder or a government have different objectives and constraints and while a healthy savings account maybe a desired goal for a householder yet it is not always…
In terms of new commitments, the Government of Pakistan signed new agreements, worth USD 7,228 million, during the period under review. These commitments comprised financing agreements signed with foreign commercial…
Pakistan’s persistent fiscal imbalance has cast a negative shadow on the overall economic scenario. Unless significant and enduring fiscal reforms are initiated and implemented with full vigour, the likelihood of…
The number of developing countries having high debt levels, that is having public debt more than 60 percent of their gross domestic product, increased from 22 countries on January 1,…
The Ministry of Economic Affairs has released the statement of May 2023 on Disbursement of Foreign Economic Assistance to Pakistan in the first eleven months of 2022-23. The year 2022-23…
