By Maleeha Lodhi Published in DAWN on March 07, 2022 MUCH of Pakistan’s political history has been about governance failures and missed opportunities. Political instability has been endemic with the country alternating between military interventions and civilian rule. Reforms that could have transformed the country and placed its economy on a high-growth and sustainable trajectory were repeatedly […]
By Shahid Iqbal Published in DAWN on March 09, 2022 KARACHI: The State Bank of Pakistan (SBP) kept the benchmark interest rate unchanged at 9.75 per cent on Tuesday. However, it warned that continued adverse conditions on the Russian-Ukraine front could pose challenges to the outlook for the current account deficit and inflation expectations, necessitating changes in[…]
By Tom Kavanagh Published in bbc.com on March 08, 2022 The head of the World Food Programme, David Beasley, has warned the conflict in Ukraine could send global food prices soaring, with a catastrophic impact on the world’s poorest. Ukraine and Russia are both major exporters of basic foodstuffs, and the war has already hit crop production,[…]