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![]() Ali KhizarBusiness Recorder |
It has been forty days since the IMF’s (International Monetary Fund’s) technical talks concluded, but there have been no signs of the pending...
Nothing is going right in the country. The sovereign default is inevitable without an IMF (International Monetary Fund) deal which is being delayed at...
Many developing and low-income countries are under debt distress, and a few of which are also facing food crisis as well. This is an extremely grave...
The most concerning and alarming element in the macro numbers is that inflation is growing out of control. Food inflation has exceeded 40 percent...
There are two extremely discomforting economic phenomena unfolding simultaneously in Pakistan – one is dangerously high food inflation, and the...
There is growing consensus over the need for debt restructuring within the policymaking community. However, many analysts are casually selling the...
Negotiations with the IMF (International Monetary Fund) have entered the final round. The plans and proposals prepared by the government have been...
Like ‘Shehbaz speed’, finance minister Ishaq Dar’s bubble has been burst as well. The ‘Dar magic’ was as artificial as his currency peg....
Last week it appeared that the economic reality is finally sinking into the government high-ups. The statement of Saudi finance minister in Davos on...
The topmost immediate requirements to take the economy out of the tailspin are political clarity and certainty, although there is no certainty that...
PTI (Pakistan Tehreek-e-Insaf) may be ready for the elections but the real question is whether the party is ready for governance. The question is:...
The plot thickens. With SBP’s (State Bank of Pakistan’s) forex reserves expected to fall below $5 billion in a couple of weeks, the time to...
Pakistan is facing an illusion of false choices in managing its ongoing economic crisis. It can either return to the IMF (International Monetary Fund)...
There is a growing urge from the ruling party to bring a ‘charter of economy’ – Dar in particular is pushing for it. This might not be a good...
As of last week, forex reserves held with the central bank declined to $6.7 billion. The International Monetary Fund (IMF) review is delayed till at...
The economy is closing in external payment ‘implied default’ situation. This means that with SBP’s (State Bank of Pakistan’s) forex reserves...
To market participants’ surprise, SBP (State Bank of Pakistan) has increased the policy rate by one percent (100 basis points) to 16 percent....
Ever since the Pakistan Democratic Movement (PDM) came to power, the good governance myth of the top team of senior partner in the ruling coalition,...
The policy of controlled imports is working as monthly import bill is down to $5 billion (on average) over the last two months. However, the desired...
The country is going through a very difficult balance of payment (BoP) situation. The core of the problem is growing external public debt and its...
Statesmanship demands maintaining a delicate balance between economy and politics. Unfortunately, the scales world over have become excessively skewed...
Winters are coming. And a massive gas crisis is in the making. The demand for domestic sector is growing unabated due to low prices while the supply...
Finance Minister Ishaq Dar’s words and actions since his return last week have reminded many of PTI (Pakistan Tehreek-e-Insaf) government’s last...
PML-N’s (Pakistan Muslim League-Nawaz’s) finance czar and rupee-stabiliser, Ishaq Dar, is back in the saddle. Many describe him as Pakistan’s...
Several major developments took place last week. Pakistan’s political leadership, including PM Shehbaz Sharif, was in the US holding talks for...