Economy Don’ts 101
By Almazia Shahzad Published in The News on July 15, 2023 Every few years, Pakistan’s economic managers find themselves in a pickle, struggling with declining economic growth and rising inflation when only the year before they have managed to achieve record high growth. So what could have happened? What went […]
$8.3bn in remittances, exports lost in FY23
By Shahid Iqbal Published in Dawn on July 16, 2023 KARACHI: Pakistan suffered a massive $8.3 billion loss due to significant declines in remittances and exports during the outgoing fiscal year as the PMLN-led coalition government preferred appeasing the International Monetary Fund for a $1.2bn tranche. Pakistan lost much more[…]
11
JulRemittances contract 14pc to little over $27bn in FY23
By Shahid Iqbal Published in Dawn on July 11, 2023 KARACHI: Pakistan lost over $4 billion in remittances sent by overseas Pakistan in FY23, much higher than the amount the PMLN-led coalition struggled to secure from the International Monetary Fund (IMF) during the outgoing fiscal year. Data issued by the[…]
07
JulPost-Fund deal
By Rashid Amjad Published in Dawn on July 04, 2023 THE euphoria that greeted the IMF Staff-Level Agreement on a new nine-month Stand-by Arrangement (SBA) of $3 billion was understandable. The economy was facing near-certain default and was in the midst of a deep slump, with little or no growth[…]
