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Egging on the IMF

Is populist leader Imran Khan’s recent letter to the IMF a malicious ploy to push a cash-starved Pakistan on the brink of default? Or is it an earnest attempt to…

Lessons from Egypt’s IMF deal

Like many nations burdened by debt, Egypt once again found itself navigating a storm of economic challenges, a scenario all too familiar to Pakistan. With an external debt-to-GDP ratio breaching…

Design flaws in IMF programme

The International Monetary Fund (IMF) programmes are regarded as well designed by other multilaterals (with routine consultation amongst themselves on not only synchronizing their policies but also ensuring that there…

IMF review & state of economy

I expect an agreement on the review to come within this week, so, any day now. I can say that Pakistani authorities, the Minister of Finance, they deserve credit for…

Pakistan’s lifeline restored by IMF

Pakistan and IMF (International Monetary Fund) have reached a $3 billion Stand-By Arrangement (SBA) to help the country successfully avert default. However, the agreement comes with tough conditions! Many of…

What after the IMF credit?

Dollars are pouring in following the conclusion of a $3 billion short-term credit programme with the IMF. Pakistan has received the first tranche of $1.2 billion under the short-term (nine…

IMF lifeline

The IMF staff and the Pakistani authorities have reached a staff-level agreement on policies to be supported by a Stand-By Arrangement (SBA), a last-minute rescue package for the country facing…

Beyond the IMF deal

Pakistan has signed a fresh nine-month stand-by agreement (SBA) with the International Monetary Fund (IMF) worth $3 billion in a last-ditch bid to avoid sovereign default. The agreement at the…

IMF versus vote politics

In political science, economic voting is a theoretical perspective which argues that voter behavior is heavily influenced by the economic conditions in the country at the time of the election. According to this perspective, voters tend to vote…