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IMF: reputation at stake

A new report of the International Monetary Fund (IMF) disclosed that the lender has risked its reputation by extending a $7 billion bailout package to Pakistan, as any decision about…

Pakistan’s economic opportunities in the SCO

Being part of a regional organization greatly benefits countries by improving their global trade position while ensuring sustainable economic development. As Pakistan tries to be a part of regional integration,…

The scientific revolution’s call to rulers

The scientific and technological revolution that began after World War II has fundamentally reshaped global development. Its effects are evident across economies, societies, and international power dynamics. From pioneering innovations…

Factors behind Trump’s 2024 victory

The 2024 US presidential election saw Kamala Harris and the Democratic Party suffer a significant defeat, with Donald Trump reclaiming the White House and Republicans taking control of the Senate.…

IMF programme: lack of ingenuity?

The narrative led by Prime Minister Shehbaz Sharif and Finance Minister Muhammad Aurangzeb is that the economy has begun to show signs of improvement, reflected by a contracting current account…

Why financial markets matter

A well-developed financial system comprising dynamic capital markets and a robust banking sector is considered a critical driver of investment, productivity, and sustainable economic growth. Here, I discuss how the…

Concessions, debt & reforms

THE FBR had been publishing its Tax Expenditure Report since 2020. Each report estimates the ‘tax expenditure’, ie, the tax foregone or the revenue loss because of the built-in tax concessions and…

Autism and SDGs

THE 2024 observance of World Autism Day is aligned with the implementation status and progress on the Sustainable Development Goals. Autism is a neurodevelopmental condition representing human evolution and neurodiversity…

History’s lessons

“It is a very common device that when anyone has attained the summit of greatness, he kicks away the ladder by which he has climbed up.” ECONOMIC development, particularly in…

IT boost for economic growth

Total world trade in IT services crossed $1 trillion in 2023 – and it is growing. IT services are now 14 per cent of all services trade, a big jump…