Markets and disinformation
By Ishrat Husain Published in Dawn, October 21, 2021 MARKETS can allocate resources efficiently when there is competition among sellers and buyers. In order to have competitive markets certain conditions have to be met. Among others, there have to be multiple buyers and sellers who have the relevant information to […]
Current account remains in deficit despite jump in exports
By Omar Qureshi Published in The Express Tribune on October 20, 2021 KARACHI: Pakistan’s current account deficit – country’s higher foreign expenditures compared to income – remained elevated at $3.4 billion during the first quarter (July-September) of fiscal year 2021-22 in wake of spike in imports coupled with higher international[…]
$51.6 bn external financing required in two years
Published in The News on October 19, 2021 ISLAMABAD: Pakistan requires gross external financing of $51.6 billion within two-year period of the current fiscal year 2021-22 and next fiscal year 2022-23 in order to fulfill its needs. Without striking a deal with the IMF under the existing $6 billion Extended[…]
IMF sees Pakistan’s fiscal indicators improving
By Khaleeq Kiani Published in Dawn, October 14, 2021 ISLAMABAD: The International Monetary Fund (IMF) on Wednesday forecast Pakistan’s major fiscal indicators gradually improving this year and beyond until 2026. In one of its flagship publications — Fiscal Monitor — released on Wednesday, the IMF estimated the government’s overall fiscal[…]