Economic turmoil
By bringing in Dar as finance minister, the PML-N has made a catastrophic mistake that will blow away what little political capital the party has.
Published 20 Dec, 2022 12:19pm
The trajectory of Pakistan’s economy can't be explained without delving into debt it has accumulated over the last 75 years.
Published 18 Dec, 2022 04:40am
Asian Development Outlook 2022 says Pakistan's forecast revised to reflect “weaker currency, higher domestic energy prices, food shortages”.
Published 14 Dec, 2022 02:49pm
In 2019, our reserves were our own, but today, each dollar is borrowed, leaving us at the mercy of friendly countries for survival.
Published 12 Dec, 2022 08:28am
The Ministry of Defence has been advised to check forex availability from the Ministry of Finance before importing defence.
Updated 12 Dec, 2022 09:01am
Acknowledges PML-Q is right early polls should be ensured before dissolving assemblies.
Updated 12 Dec, 2022 09:26am
Instead of challenging the IMF for telling us to put our house in order, we must take a hard look at our situation.
Updated 10 Dec, 2022 08:43am
What could be driving the intense chatter regarding default?
Updated 09 Dec, 2022 08:23am
Only through a sustained political process that increases inclusivity and representation of the many instead of the few can Pakistan meet its full economic potential.
Published 06 Dec, 2022 01:11pm
In its attempt to appease all stakeholders, the government is not able to pacify anyone, especially the IMF.
Published 05 Dec, 2022 08:28am
Says govt in talks with a friendly country for a deposit of $3bn and will definitely receive it.
Published 02 Dec, 2022 11:59pm
It is bad policies which act as a curse and constrain the realisation of benefits from resources.
Updated 02 Dec, 2022 07:54am
Unless a few billion dollars come in immediately, the forex crisis will get out of hand.
Updated 28 Nov, 2022 09:33am
There comes a time when the national interest must prevail over political interest.
Updated 27 Nov, 2022 09:38am
The highest-ever increase in prices also contributes to lower consumption of petroleum products.
Published 25 Nov, 2022 08:14am
The tax system shows blatant inequality in which the salaried class and formal firms experience predatory tax enforcement.
Published 14 Nov, 2022 09:18am
‘The chance of consensus in the current environment is low so most of the hope is centred around handouts’
Published 14 Nov, 2022 09:02am
It is high time Ishaq Dar lives up to the responsibility that he lobbied and fought for.
Updated 03 Nov, 2022 07:31am
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
We do not seem to have a way out of the political problems we are stuck in.
Updated 28 Oct, 2022 08:44am
The country needs about $32bn this fiscal year to make payments against foreign obligations.
Updated 25 Oct, 2022 05:31pm
“Pakistan’s debt and fiscal dynamics flag rising solvency concerns,” JPMorgan’s analysts say.
Published 19 Oct, 2022 07:37pm
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
With global markets in turmoil and the prospect looming of worldwide recession, Pakistan faces a perfect storm.
Updated 17 Oct, 2022 10:26am
Fund projects Pakistan’s current account deficit at 2.5pc of GDP for current fiscal year against 4.6pc of last year.
Updated 12 Oct, 2022 07:59am
UNCTAD report shows Turkiye and Pakistan face bond yields around 10 percentage points relative to US 10-year treasury bills.
Updated 04 Oct, 2022 09:52am
Pakistan’s dollar funding needs for next 5 years have never been so large and world’s appetite to hold its hands never so poor.
Updated 26 Sep, 2022 08:37am
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
Says economic outlook depends on political stability, IMF programme...
Published 22 Sep, 2022 06:57am
Recent floods have added “profound risk to the country’s economic outlook”, says ADB official.
Published 21 Sep, 2022 02:03pm
