Tag: IMF
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)
A Messy Mess
Spearhead Opinion – 24.06.2019
By Farrukh Karamat
Senior Research Coordinator, Spearhead Research
The Pakistan Cricket Team, after a dismal start to the World Cup, won their game against South...
Cauldron to inferno
By F.S. Aijazuddin
A PENCHANT for masochism should be included in the job description...
Sorry IMF, emerging markets won’t save us
By Desmond Lachman
In its recent World Economic Outlook, the International Monetary Fund (IMF) is hoping that a stagnating world economy will receive a much-needed...
Declining Fortunes
Spearhead Analysis – 26.04.2019
By Farrukh Karamat
Senior Research Coordinator, Spearhead Research
The Pak Rupee enjoyed an extended period of holding its value against the USD till 2017, when...
Austerity, reform, PTI and the status quo
By Mosharraf Zaidi
One way to see the economic crisis that has claimed Asad Umar as its first ministerial victim is as the product of...
Second Start
Spearhead Analysis – 19.04.2019
Some off-road vehicles have a feature called ‘second start’. You activate that when the vehicle is stuck and you need a burst...
PTI govt mulls relocating deposits worth Rs1.9 trillion
By Salman Siddiqui
The PTI government in consultation with the State Bank of Pakistan (SBP) is considering relocating governments’ deposits worth Rs1.9 trillion from commercial banks...
Forward March
Spearhead Analysis – 16.04.2019
By Farrukh Karamat
Senior Research Coordinator, Spearhead Research
The government having been berated for delaying the negotiations on the bail-out package with the International Monetary...
The Empty Full Glass
Spearhead Analysis – 12.04.2019
In a recent article the author, a well -known journalist, after listing the failures and shortcomings of the PTI government, concluded with...