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Dr Omer JavedPakistan Today Profit |
The Punjab government has recently announced two stimulus programmes for the people of the province in an overall effort to enhance economic activity,...
Notwithstanding a lack of revisionist policy taken by IMF with regard to Neoliberalism, and no apparent suggestion by IMF’s Independent Evaluation...
Traditionally, Pakistan has been infamously called a ‘one-tranche’ country, which although is correct in the context that it has left...
What causes macroeconomic instability? Main determinants that come to mind are elevated levels of inflation, fiscal deficit (FD), current account...
Ministry of Planning, Development, and Special Initiatives (or simply ‘Planning Ministry’) recently launched Pakistan’s thirteenth five-year...
Pakistan and Argentina have somewhat similar macroeconomic, and growth consequences, whereby although the extent of inflation rate was much more in...
Pakistan has been actively under neoliberal policies since late 1980s when it first started to come under major International Monetary Fund (IMF)...
Among macroeconomic indicators, primarily inflation has come down drastically over recent months, whereby consumer price index (CPI) has fallen from...
In an October 24 post by The Guardian, it highlighted the comments made by Kristalina Georgieva, the head of International Monetary Fund (IMF),...
In the just concluded COP29 meetings in Baku, Azerbaijan, there was serious deadlock over the climate finance commitment, and ultimately consensus...
The current, widely-practiced model of Neoliberalism, and within it over-board recourse to monetary and fiscal austerity policies– both within...
The federal minister for planning and development, Ahsan Iqbal, reportedly indicated that the Prime Minister will soon launch a five-year economic...
The last time Donald Trump was in office, the world was in the midst of a global pandemic, and the cost of living was fast moving north, both at...
‘Augusto Pinochet’s coup in Chile is widely seen as inaugurating the global neoliberal era. As the 1970s progressed, neoliberal ideas and...
The first coronavirus outbreak – SARS – in the shape of epidemic happened around the beginning of this century. The second coronavirus epidemic...
In a statement released on September 16, 2021, World Bank Group (WBG) indicated discontinuation of its ‘Doing Business’ report, whereby it pointed...
In the statement released by International Monetary Fund (IMF) on September 27, it indicated that it had approved a 37-month extended fund facility...
‘A World Bank study of 177 sovereign external and domestic debt defaults found that five years after successful defaults, governments had reduced...
‘Supporters of the surcharges argue that the additional fees discourage debtors from borrowing excessively from the IMF. But this moral-hazard...
Although quite late, and perhaps because of the urgency being created by the fast-unfolding climate change crisis, and exorbitant rise in...
The fall in inflation (to be precise CPI inflation) to single-digit in August –stood at 9.6 percent – meant that it was almost after three years...
Weak regulation of markets, or the policy of ‘market fundamentalism’ that market knows best, and left mostly on its own market failures will...
Unfortunately, economic policy globally is settled on very unsettling fundamentals, and rather than fixing this, the blame for high level of...
Pakistan is about to enter into an Extended Fund Facility (EFF) programme with the International Monetary Fund (IMF). A July 12 press release from...
The July update of International Monetary Fund’s (IMF’s or simply Fund’s) flagship report, titled ‘World Economic Outlook’ (WEO) projected...
Pakistan is facing a huge challenge in terms of debt distress. Secondly, the country is stuck in a low economic growth equilibrium, and requires...