The writer is a former finance secretary
World GDP is around $80 trillion. Global debt, both public and private, is around $255 trillion. So the world is leveraged more than three-times its...
Nothing is more important while aiming to mitigate economic disruption, in the wake of the Covid-19 pandemic, than to fashion a unified response...
The global turmoil triggered by the Covid-19 pandemic has brought a mixed bag of opportunities and dangers. The massive fall in oil prices has the...
In a remarkable development, the IMF has announced a staff-level agreement for completion of the Second Review under the EFF for Pakistan.The IMF...
The IMF Mission for Second Review under the three-year Fund programme, concluded its work last week without reaching a staff level agreement.The...
Before we review the economic data, let us examine public perceptions. On Monday, January 27, 2020, Gilani Foundation/Gallup released a business...
The monetary policy has divorced itself from the real sector. The interest rate and the exchange rate have been subordinated to a single goal:...
The prime minister is assuring people that 2020 will herald an era of growth and jobs. He has said that 2019 a difficult year for the country as it...
The economy continues to present a contrasting picture between stability and recession. The most significant sign of stability is the stemming of...
The signs of economic stability have strengthened. The most pressing challenge of current account deficit , with implications for the country’s...
It is hard to find a parallel in the past on differing perceptions about the state of the economy as we see today. Analysts and generalists are...
A number of developments in the economy make a case that early signs of stability and turnaround may finally be in sight.The economic conditions...
What is the state of the economy? Most ordinary people, media commentators etc are quite despondent about its present condition and future...
Advisor to the Prime Minister Dr. Abdul Hafeez Sheikh addressing a press conference on October 12.. Advisor to the PM on Finance Dr Abdul Hafeez...
Unless some rearguard actions are taken, the economy is all set to face a deepening recession. Consider the following facts which point to...
The base of an index plays a critical role in its measurement. The longer a base is retained, the more distant it becomes from the start. This is...
Prime Minister Imran Khan shows sporadic interest in economic management. One can count on one’s fingertips how many times he has spoken...
News reports have indicated that the prime minister has asked his economic team to draw up an economic revival plan. This is a surprising turnaround...
Economists are awestruck by the data on central government debt released by the central bank last week. Roughly, the debt has increased from Rs24...
Given the unusually sharp slow-down in the economy, it is natural to ask whether there are ways in which some course correction is warranted so that...
