Rethink public finance rules and live with much higher debt, IMF says
Published in The News on January 29, 2021 LONDON: Most advanced economies can live with much higher levels of public debt after the coronavirus crisis, according to the IMF, which has said nations should “rethink” their public finance rules rather than rushing to reduce their liabilities. After the financial crisis […]
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Jan21st century crises demand new economic understanding, say top economists
Published in oxford university Leading economists, including Nobel laureate Joseph Stiglitz, Argentina’s Minister of Economy Martin Guzman, as well as academics from Oxford, Yale, Columbia, and UCLA, are calling today for a deep shift in how economists understand the overall economy. According to the new thinking, a series of massive[…]
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JanPakistan can take IT exports to $10b
Published in The Express Tribune on January 19, 2021 KARACHI: Pakistan has the potential to enhance its IT exports to $10 billion from the current $2 billion, said a report released by the Overseas Investors Chamber of Commerce and Industry (OICCI). The report titled “OICCI Recommendations for Digital Economy” highlighted[…]
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JanThe rise and rise of remittances
By Mohiuddin Aazim Published in DAWN on January 18, 2021 Remittances remained above the $2 billion mark in December 2020 for the seventh month in a row. In the first half of 2020-21, inflows totalled $14.2bn. The amount was about 25 per cent higher than $11.37bn received in July-Dec 2019.[…]
