By Mansoor Hassan Khan Published in Dawn on April 15, 2023 THE most conspicuous aspect of our national discourse on the imminent sovereign default of the country is an absence of any discussion on how we reached this point and the way out. The prescribed remedy is that Pakistan should borrow its way out of its foreign […]
By Nadeem Hussain Published in Dawn on December 18, 2022 The recent debate on whether Pakistan is going to default or not requires revisiting the country’s current debt and reviewing how it has accumulated over time. The story of Pakistan’s economy is incomplete without the character of its debt. Pakistan’s economic challenge began following Independence in August[…]
By Shahbaz Rana Published in The Express Tribune on April 13, 2023 ISLAMABAD: An International Monetary Fund (IMF) report has revealed that Pakistan will miss the fiscal and debt reduction targets of this fiscal year and the situation will become worse in the next fiscal year with a budget deficit peaking at 8.3% of the size of[…]