Tag Archives: IMF

The foreign exchange reserves is a part of a country’s assets or monies having in reserve by the central bank. It is a creditor’s right held by every country’s government in foreign currency, and also an asset held by a country’s monetary authority that can be exchanged for foreign currency …

Pakistan is in its 75th year of independence, in all these years, Pakistan initially progressed very well and had somewhat reasonable economic performance in the later years. However, it is on a decline since 2005, which is very unfortunate. Almost everyone now feels that country is slipping from the hands …

Trade has historically been a powerful driver of economic growth and poverty alleviation in Asia. While tariff barriers to trade in Asia are low overall, a new measure of non-tariff barriers suggests those remain high in many Asian emerging markets and developing economies. Unlike tariffs, these barriers include policies that …

The State Bank of Pakistan (SBP) made an unexpected move by increasing its benchmark interest rate by 150 basis points to 8.75 percent in its announcement on November 18 as the central bank facing surging inflation and other challenges regarding stalled International Monetary Fund (IMF) loan facility. The central bank …

International researchers identified that the problem of external borrowing as a strategy to enhance economic growth creates serious debate among policy makers, researchers as well as economists. Currently, external (foreign) debt is a worldwide problem for the present and future development of most countries in the world. Presently the researchers …

Interview with Mr. Abdul Rahim Janoo, a leading businessman PAGE: How would you comment on the socio-economic progress of Pakistan since its independence? Abdul Rahim Janoo: This is a bitter truth that since its independence in 1947, Pakistan has been plagued with various social and religious turmoil that have taken toll …

Pakistan and the International Monetary Fund (IMF) are still talking about raising taxes and electricity tariff at the last leg of technical-level discussions to put US$6 billion Extended Fund Facility (EFF) back on track. The virtual talks between the two sides on Friday were extended at the last moment for …

The COVID-19 pandemic showed the importance of connectivity, but also highlighted a growing digital divide – 3.6 billion people lack even the most basic internet access. Governments are increasingly recognizing the need to improve internet access for all citizens, particularly those in rural communities. One way to build such connectivity …

Globally, fast rising trend of both external and domestic debt, emerging in 2008 and onwards due to economic recession has engulfed the entire financial world in a whirlpool of fiscal deficit both in developed and developing economies. Some of the high-income developing countries had taken radical measures to recapture their …

Federal government claims that it has given a growth budget this time and is also consolidating its reforms introduced in the last two years. Pakistan has seen a contraction in the economy due to Covid-19, which has badly affected the economy. However, federal government has made such polices through which …

More than one year has passed but the battle against pandemic still continues. Governments and businesses are struggling hard to reduce the damages caused by the on-going Covid-19 pandemic to the socio-economic fabric across the world without any discrimination of rich or poor. While the analysts and medical scientists are …

IMF program has now been resumed while government has also changed its Finance Minister in April 2021. A number of events happened in March, Pakistan got the IMF review board approval and Pakistan also floated Euro bond in March 2021 after five years. Just one day before the floatation of …