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![]() Dr Kamal MonnooThe Nation |
Given the economic situation in Pakistan, which needless to say keeps one perpetually distressed, I was recently recommended a book by my one-time...
Emerging economies hoping to grow their way into the ranks of the developed have faced a seemingly never-ending series of setbacks in recent...
A Pakistani Finance Minister during the course of 2021-23 trying to manage debt must be cursing his luck. Earlier, a pandemic caused havoc and any...
As Pakistan’s economic position becomes increasingly precarious with each passing day sans an IMF agreement, the question that crosses one’s...
Last week in my piece I had warned that without first fixing the market anomalies in the underlying structure driving the demand for the greenback,...
Just a disclaimer to start with that I am neither in touch with Mr. Dar nor have had a discussion with him lately. In general, I disagree with his...
For months now, there have been signs that a recession is well and truly on its way in Pakistan. But surprisingly still many economic indicators...
The State Bank of Pakistan (SBP) faces two related challenges. First, how can it best calibrate the pace and extent of future rate increases, as well...
Although inflation is still running uncomfortably high and many Pakistanis are struggling to keep up with rising prices, new data showed that price...
Here we go again, another rise in interest rates of 100 basis points! One can only say that by this time, given the hardships already being faced by...
In modern society, the government is the most important actor in the economy. From education to medicine to income support programs to national...
We have had these recent rantings from a short-term finance minister explaining how Pakistan is a haven for the elite (the 1 percent) wherein the...
Pakistan’s food inflation even today is clocking around 30% and naturally there is a lot of pressure on the central bank to further raise the...
The 2022 Nobel Memorial Prize in Economic Sciences was divided equally between the American economists Ben S. Bernanke, Douglas W. Diamond, and Philip...
Given the fallout of the Ukrainian war and a looming European recession or perhaps a global slowdown, the Pakistani central bank, and the finance...
What most people do not realise is that although there is a new finance minister in place, the government essentially remains the same. So really, for...
We have seen in recent years how a national currency’s devaluation against leading underlying currencies of global trade can sink the fortunes of a...