Print Media

Published in The News on February 09, 2023 ISLAMABAD: Differences persist over external financing needs and power sector losses between the International Monetary Fund (IMF) and Pakistani side, delaying handover of the draft memorandum of economic and financial policies (MEFP) to the Pakistan side. The scheduled timeframe for completion of the 9th review is going to end […]

By Sakib Sherani Published in Dawn on February 04, 2023 A POPULAR refrain of policymakers, many TV anchors and most public commentators in Pakistan is to vilify the IMF and to blame it for the country’s myriad economic woes ranging from the rupee ‘devaluation’ to inflation. To what extent is the IMF responsible for our predicament, and[…]

By Nadir Cheema Published in Dawn on February 02, 2023 THE word ‘default’ (or its less pejorative technical equivalent, ‘restructuring’) sends shivers down the spines of our policymakers and citizens alike. It shouldn’t. Sovereign default, in an economic sense, means a government reneging on its obligations. Per this meaning, almost all governments of the world have indulged[…]