The cycle of securing debt rollovers creates uncertainty that keeps the country out of international financial markets.
The government's focus must shift towards productivity-improving reforms.
The low value-added nature of exports is due to the limited focus on structural issues.
Weakness in balance of payments (BoP) can amplify the adverse effect of external shocks on the rest of the...
The strength of the BoP and consequently the SBP reserves is predominantly based on borrowings and workers’ remittances.
Little attention has so far been paid to the exchange rate as a source of the exporting sector’s poor performance.
Meaningful reforms, investment in the energy sector are our only hope to prosperity.
Given the energy constraints, a purely expansionary monetary policy will only work towards stabilising inflation,...