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Tag Archives: IMF

Policies and pandemics

Policies and pandemics

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 …

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Review of Pakistan’s foreign loans

Review of Pakistan’s foreign loans

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. …

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Intricacies of the national budget

Intricacies of the national budget

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 …

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Budgeting amid uncertainties and aspirations

Budgeting amid uncertainties and aspirations

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 …

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COVID-19 and Pakistan’s economy

COVID-19 and Pakistan’s economy

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 …

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