Author Archives: GIDS

By Mubarak Zeb Khan Published in DAWN on Jun 03, 2022 ISLAMABAD: Pakistan’s merchandise trade deficit widened by an alarming 57.85 per cent year-on-year to an all-time high at $43.33 billion during the first 11 months of 2021-22 through May on the back of higher-than-expected imports, Pakistan Bureau of Statistics data showed on Thursday. The 11-month deficit […]

By Shahram Haq Published in The Express Tribune on June 02, 2022 LAHORE: Pakistan is facing tough economic challenges and its key concerns are the external deficit and the mounting debt, which are pushing the country towards a deep financial crisis. A major task for the government is to stabilise the dwindling foreign exchange reserves as well[…]

By Shahbaz Rana Published in The Express Tribune on June 01, 2022 ISLAMABAD: The International Monetary Fund (IMF) has said that “Pakistan needs to take wide-ranging steps to repair macroeconomic stability”, indicating that the revival of the programme would not be a cakewalk despite the government’s decision to increase fuel prices by 25%. The statement by Esther[…]