Pakistan has signed a fresh nine-month stand-by agreement with the International Monetary Fund worth $3 billion in a last-ditch bid to avoid...
Negotiating with the IMF is not a new experience for Pakistan. The country has been approaching the IMF since 1958 when General Ayub Khan first...
In the 1970s, economists believed that inflation was primarily caused by ‘monetarism’, which is too much money chasing too few goods. They...
The incumbent government has imposed a 10 per cent direct tax in the form of a ‘super tax’ on large-scale profitable industries, and labeled the...
Economists tend to focus on macroeconomic aspects when debating inflation. They delve into how monetary policy, government spending, and economic...
Pakistan has been struggling with political and economic instability for decades, unable to chart a course towards long-term progress and prosperity...
Although the escalating geopolitical tension between Russia and Ukraine is thousands of miles away from Pakistan, its economic fallout has started...
The process of rebasing the Gross Domestic Product entails the replacement of an older base year with a more recent base year to keep up with price...
Pakistan’s economic woes are aggravating with shrinking foreign exchange reserves, rising inflation, historic currency devaluation, and escalating...
Pakistan has a longstanding history of economic and political cooperation with the Gulf Cooperation Council , a regional economic and political...
