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Growth takes the cake!

Several economic team leaders throughout the world rely on data manipulation to show a performance that is at odds with ground realities and yet, disturbingly, have convinced many a cabinet…

The Sri Lanka paradox [Part – II]

Sri Lanka recorded a rapid increase in public debt-to-GDP ratio to 119 per cent from 42 per cent over a few years. Access to the international capital market was lost,…

The rupee fall continues

Why is the rupee continuing to erode even after the International Monetary Fund’s (IMF’s) tranche release of 1.17 billion dollars is a question that Finance Minister Miftah Ismail is responding…

The challenge of economic revival Jul 15, 2022

Pakistan’s macroeconomic imbalances have assumed dangerous proportions and the hope for economic recovery is yet to materialise. Absence of any concrete plan for revival has led to a situation where…

First leverage then renegotiation

The Khan administration maintains that a change in government will not reverse the rise in price of any single item – be it in the category of administered prices (including…

Of this and that!

Pakistan hosted two foreign missions this week past - one, an operational mission sent by the Saudi government to determine areas of possible investment in Pakistan as agreed during Prime…

Between a rock and a hard place

There is debate in the country on whether the four and a quarter year long policy to keep the rupee overvalued will continue because it is no longer sustainable and/or…

IMF and the stalled second tranche

Questions are being raised as to when the 6 billion dollar International Monetary Fund’s (IMF) Extended Fund Facility programme will resume, suspended post-March 2020 to enable the administration to deal…