Mohiuddin Aazim

Why are remittances falling?

Why are remittances falling?

Declining remittances may frustrate hopes of keeping FY23’s current account deficit somewhere around $10bn. Updated 21 Nov, 2022 08:23am
Debt is costlier than we think

Debt is costlier than we think

If development expenses remain as low as they are today for a few more years, the outcome will be horrible for the economy. Published 14 Nov, 2022 09:25am
On growing hope and despair

On growing hope and despair

The cruel truth is that as more and more sectors of the economy feel the pinch of the floods, demand will decline and headline. Updated 07 Nov, 2022 09:12am
Falling further behind

Falling further behind

The govt should immediately engage industrialists in policy discussion and try to minimise their problems to ensure at least. Updated 31 Oct, 2022 08:44am
Recurrent food crisis

Recurrent food crisis

Perennial structural issues with our agriculture affect the availability of food for domestic markets at affordable prices and. Published 24 Oct, 2022 08:11am

The worsening cycle

Except for about $1bn worth of foreign aid expected for flood relief, all other sources of forex inflows would be debt-creating. Updated 17 Oct, 2022 09:04am
Bleak outlook of exports

Bleak outlook of exports

Fears of global recession indicate lower demand in Pakistan’s export markets. Published 03 Oct, 2022 06:45am

Big economic worries

Further monetary tightening amidst phasing out interest rate subsidies on the Fund’s demand will increase the cost of production. Updated 27 Sep, 2022 09:13am

Wounds take time to heal

Keeping the ground realities in mind, we should not expect any significant improvement in key fundamentals of the external account Published 19 Sep, 2022 09:51am
Prioritise small businesses

Prioritise small businesses

The resource-starved government must reach out to international financial institutions and NGOs to seek exclusive funding. Published 12 Sep, 2022 04:43am

Tough times ahead

During the 2010 floods, immediate foreign aid and grants did not even cover 10-15pc of the estimated economic loss of $9.7bn so it Updated 05 Sep, 2022 09:32am

Inflation is a tough nut

The central bank believes that a gradual easing in inflation can be expected from October onwards. Updated 29 Aug, 2022 10:07am
Whither home remittances

Whither home remittances

Job localisation drives in Saudi Arabia and UAE, and a recession in the US, indicates that remittances may decline this year. Updated 22 Aug, 2022 09:43am

Changing geopolitics

Foreign assistance and aid contribute to future economic development only when we employ them in development projects wisely. Updated 15 Aug, 2022 09:53am
The peril of imports

The peril of imports

The tenuous recovery of the rupee is highly contingent on the trade balance which in turn is influenced by global economic trends. Published 08 Aug, 2022 09:41am
Mountains of debt weaken the rupee

Mountains of debt weaken the rupee

Pakistan has been fixing its balance of payments problems with borrowed foreign funds, increasing debt servicing requirements. Updated 01 Aug, 2022 10:43am
Is the rupee too weak to recover?

Is the rupee too weak to recover?

The currency’s value will continue to be determined essentially based on forex demand and supply, which the SBP can influence. Updated 25 Jul, 2022 10:27am
Cruel food inflation

Cruel food inflation

Food inflation in Pakistan remains higher than in other Asian countries that too face impact of global fuel, commodity prices. Updated 18 Jul, 2022 09:28am