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NovDr. Rashid Amjad Published in Dawn, November 16th, 2019 OVER a dozen IMF programmes that Pakistan has entered into in the last 30 years have followed a familiar pattern: an economic crisis; turning to the IMF for relief; much cheering as initial measures lead to some improvement; premature boasts of never returning to the IMF and claims […]
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SepPublished in Dawn, June 1st, 2019 IN an article titled ‘Boom or bust’ published in Dawn two years ago, I had posed the question whether the then government would behave any differently from its predecessors and, while hoping it would, answered that, “as in the past, we will fill up the tank with borrowed money for fuel,[…]
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SepPublished in The Express Tribune, June 22nd, 2019. While there has been much debate about the strengths and weaknesses of Pakistan’s economy, the one thing that no observer of the economy can deny is its predictability. A balance-of-payments crisis forced the government to enter into an IMF stabilisation package a decade ago as did another crisis five[…]
