Tag Archives: IMF

Previous research on plagues and pandemics ranging from 14th century to the recent Spanish flu has established that pandemics greatly reshape how a society functions. As initially, the pandemic strains the health system, however, the stress becomes apparent in other …

The present government of Pakistan statistics showed that, took over $13 billion in foreign loans in the previous fiscal year — the second highest amount in history — to repay maturing external debt and cushion the shrinking foreign exchange reserves. …

This chart uses IMF estimates to show the countries most burdened by their national debt. Japan has by far the biggest problem, with general government gross debt at 238 percent of its GDP. In fourth place, the economic struggles of Lebanon add an extra …

After crossing the coronovirus tally of 220,000 cases in June the World Health Organisation (WHO) has named Pakistan among the 10 countries in the world who are reporting the highest number of new cases of COVID-19. The country recorded its …

The Federal Budget FY21 has an estimated outlay of Rs7,295 billion, 11% lower as compared to last year’s budgeted outlay of Rs8,238 billion. The budget has been slated as a relief budget by the government, where the attempt has been …

We have a six-month window to get the global green recovery underway. It is vital that governments begin investment programmes in renewable energy now. Doing so will reap significant economic as well as environmental dividends. There is broad consensus that …

When I sat down to write a commentary on Federal Budget FY21, I faced two odds: 1) there was not much to discuss and 2) there was no substantive explanation on how trillions of rupees additional revenue will be collected. …

Whether budgetary conditionalities of the International Monetary Fund (IMF), directives of the State Bank of Pakistan (SBP), maneuvering of the statesmanship or commonalities of the common man, budget of the pandemic times is a very challenging proposition indeed. So very …

The federal budget for 2020-21 is set in difficult circumstances with an exceptional degree of uncertainty generated by COVID-19. The economy was already reeling under the sharp slowdown brought on by the macroeconomic adjustment that began last July with accession …

The Federal Budget FY21 has an estimated outlay of Rs7,295 billion, 11% lower as compared to last year’s budgeted outlay of Rs8,238 billion. The budget has been slated as a relief budget by the government, where the attempt has been …

Before the COVID-19 outbreak, Pakistan’s economy was already struggling to stay afloat but was in no danger of collapse. However, the pandemic has severely impacted the nation’s economy and may virtually push it to the brink of bankruptcy. While almost …

Interview with Mr Ahmed Chinoy — Chairman of Pakistan Cloth Merchants Association PAKISTAN &GULF ECONOMIST had an exclusive conversation with Mr Ahmed Chinoy regarding the Federal Budget 2020-21 and current state of the economy. Following are the excerpts of the conversation: …