Wednesday, February 19, 2020

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Tag: Pakistan Investment Bond

ECONOMIC RESTRUCTURING

The mistakes of the past are being repeated according to Dr. Mian. The reliance has continued to be on external borrowings, with IMF support and maintenance of an over-valued Rupee which severely hampered exports. Today Pakistan’s debt has the lowest maturity among peer countries. As a result, inflows continue to be short-term with maturities in the 3 -12 month range. Of the foreign investment of US$2.25 Billion only US$24 Million went towards the longer term Pakistan Investment Bonds (PIBs)

Fiscal blowout in the making

By Khurram Husain THE numbers are getting a little crazy now. Data released by the finance ministry on the state of revenues and expenditures for...