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Dr Omer JavedPakistan Today Profit |
The last number of federal budgets, especially since 2022, have been pro-cyclical in nature – in general, reducing public investment, and...
Although the Covid-19 pandemic further exposed the already deep cracks in the structural adjustment programme policy framework, and while both the...
While Pakistan has been following structural adjustment policies under IMF programmes quite frequently since around the last four decades, economic...
Conditionalities of International Mon etary Fund (IMF) programmes and World Bank (or simply ‘the Bank’) development policy loans have neoclassical...
In recent days there is increasingly appearing in both print and electronic media discussion about how to escape another International Monetary Fund...
In addition to achieving macroeconomic stability, the other goal of the extended fund facility (EFF) programme is to put the country on the path of...
While quoting the research of the book ‘A thousand cuts: social spending in the age of austerity’ in the previous part of this series of articles,...
In the ‘IMF [International Monetary Fund] Country Report No. 25/332’ it could be seen that for reaching the ‘binding’ primary surplus target...
The recently released ‘IMF [International Monetary Fund] Country Report No. 25/332’, which contains second review of extended fund facility (EFF)...
The recently released ‘IMF [International Monetary Fund] Country Report No. 25/332’, which contains second review of extended fund facility (EFF)...
In doing so, the authorities, the like-minded multilaterals like IMF, and World Bank, among others, there strongly appears to be continuous march...
In doing so, the authorities, the like-minded multilaterals like IMF, and World Bank, among others, there strongly appears to be continuous march...
In a report ‘SBP governor calls for adopting durable growth model’ published in this newspaper on November 27, pointed out that the ‘…Governor...
The GCD report does not address this extractive policy design, these efforts to preserve and perpetuate this capital order. So, to begin with, the GCD...
The government recently released the report ‘Governance and Corruption Diagnostic [GCD] Assessment’ that it requested from International Monetary...
‘If Western countries, or some of them, were to abandon their habitual capitalist and nationalist postures and adopt a discourse founded on...
The last couple of monetary policy statements, and over the years in general, the State Bank of Pakistan (SBP) – with the country both in and...
Pakistan has been hit recently by major floods and the impact in addition to loss of life is likely to be huge — reported initial estimates hover...
International Monetary Fund (IMF) recently released its flagship biannual report ‘World Economic Outlook’ (WEO) with the subtitle for the October...
‘The current economic order neglects the interests of people and the planet, and the world needs a system that will serve both. Achieving that...
The issue of debt is based on three aspects - identifying the causes of built-up of debt, enhancing its productive and allocative efficiency, and then...
In its most recent monetary policy statement (MPS), released on September 16 by State Bank of Pakistan (SBP), the policy rate has been kept unchanged...
Fast-unfolding climate change crisis, which has strong imprint on the recent floods has once again – just like in 2022 – thrown light on the lack...
‘Flash floods in Pakistan have destroyed thousands of acres of crops in Punjab, the country’s largest producer. About 60 percent of the...
‘The Federalist Papers are published following the Constitutional Convention. …The papers, particularly those written by [Alexander] Hamilton,...
The world is facing the existential threat of climate change crisis. Since this crisis, along with many others, including the ‘Pandemicene’...
Within economy, relegation of Ministry of Finance (MOF) to purely financial matters, and instead forming a ‘Ministry of Economy’ (MOEC) as the...
‘A resilient society is able to react to and respond after a shock. Resilience even opens new doors to enhanced growth and sustainability. …The...
In their August 2024 published article ‘Understanding the international rise and fall of inflation since 2020’ in the ‘Journal of Monetary...
Recently, the Prime Minister reportedly lauded economic performance with regard to country achieving current account surplus. In a developing country,...
Around halfway mark since the launch of the Sustainable Development Goals (SDGs) in 2023, the United Nations Secretary-General, Antonio Guterres,...
’Today, 3.3 billion people live in countries that spend more on interest payments than on health, and 2.1 billion live in countries that spend more...
Sadly, unlike the lack of media coverage, and very little discussion of policy circles on this – both on the government, and opposition sides, and...
While geopolitical conflict has unfortunately taken centre-stage, it is in fact debt and climate that is among the most pressing challenges facing...
Covid-19 pandemic, and then the catastrophic floods in 2022, both of which had significant climate change causality – towards which Pakistan has...
In addition, lack of adequate regulatory capacity means that it is very likely, as has been the case in real markets, for example, agriculture, left...
Pakistan’s Extended Fund Facility (EFF) programme with International Monetary Fund (IMF), which as per one of its benchmarks also forms the basis of...
The recently released International Monetary Fund’s (IMF’s, or simply the ‘Fund’s’) country report, indicated completion of the first review...
There seems to be a lot of focus on the working of ministry of finance, which is not to say that its role is in any way less important than other...
For a country to be among the top ten countries in the world in terms of population, and with more than 60 percent of its population below 30 years of...
In the wake of the pandemic, and the fast-unfolding of the climate change crisis has basically brought into focus the cracks in the supply chains...
China in the 1980s was quite similar to Pakistan in terms of economic orientation – mainly an agriculture sector, and one that was trying to...
When there is something fundamentally wrong, it needs to be fixed to the extent that those fundamentals get corrected through a policy that takes...
When there is something fundamentally wrong, it needs to be fixed to the extent that those fundamentals get corrected through a policy that takes...
The World Bank Group (WBG) in its 2023 released ‘Pakistan – Country climate and development report’ pointed out that’The total investment...
Since independence, Pakistan has largely remained a consumption-oriented economy, and together with this, growth mostly has come from light industrial...
Although Pakistan came into existence at a time when there was a deeply renewed focus on economic thought process globally in the wake of...
During the hey days of the Covid pandemic, and especially post Covid pandemic there was lot of talk of world starting with a ‘new normal’ in terms...
The climate change crisis is fast-unfolding, and unlike what was thought at the time of the ‘Paris Agreement’ on climate in 2015, according to...
On their webpage, titled ‘Resilience, environment, and climate change’ the United Nations Development Programme (UNDP) has indicated ’As per the...
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